Senior Pricing Analyst

About the Opportunity

As a Senior Pricing Analyst, you'll be at the forefront of driving evolution and fostering growth within our dynamic company.  Your expertise will be pivotal in supporting and innovating processes within our UK insurance book, working closely with our talented Underwriting team. Drawing on your deep knowledge of market pricing and pricing optimisation, you'll play a crucial role in ensuring our products remain competitive and tailored to meet the evolving needs of our customers.

Reporting directly to our Head of Pricing, you'll have the opportunity to collaborate cross-functionally with teams in Actuarial, Finance, and Marketing, forging strong relationships to drive strategic initiatives forward. 

Your Focus

• You will own our risk pricing activities, including building risk pricing GLMs or machine learning models as appropriate.
• You will own our expected loss ratio reporting and advise the business when course corrections are necessary.
• You will be responsible for monitoring our frequency and severity trends, doing deep dives into our claims data to drive actionable insight.
• Building a strong relationship with our claims function and underwriting partners to deliver an accurate assessment of ManyPets’ performance as an MGA: ensuring high levels of trust and mutual success.
• Supporting technical enhancement to our processes with an opportunity to advance the use of open-source software and new techniques.
• Delivering a transparent reporting and management information and partnering with the team to deliver information for our Board, Investor packs and underwriting committees.
• Work closely with our deployment lead to drive innovation in rating and new factors as required.
• You will take ownership of our external data enrichment and gather new intelligence to enhance the predictiveness of our models.
• Communicating results effectively to realise business gains from valuable insight and presenting rate recommendations to pricing committees.
• Support and peer review junior analysts with potential for line management responsibility for one pricing analyst.

What Leads to Success

Here are some of the individual skills we know will enable you to succeed in this position. If you don’t tick every box - don't worry as we can support you in both your personal and professional development:

• You bring high accuracy, quality, and attention to detail everything you do.
• You’re able to work and learn quickly in a fast-paced and often changeable environment.
• You are detail focused, analytical, and able to communicate outputs clearly and simply.
• You build collaborative relationships and demonstrate the ability to influence across the business - you make change happen by working well with others.
• You're customer-centric and can view what you do through customer’s eyes - while remaining commercially astute.
• Your colleagues know you as being a clear communicator, and someone can present persuasively and explain why something is important.
• You are curious - you like to keep up to date with technical developments in the insurance industry.

What We’re Looking For

• You’ll be an experienced senior analyst working through actuarial exams (study support available) or a data scientist.
• You have commercial experience in a pricing role, preferably direct or aggregator-led personal lines insurance.
• You’ll be an expert in technical modelling.
• You are up to date with technical developments in the insurance industry and best practice in actuarial methods.
• Owing to the nature of the role, we will need you to have a degree-level qualification (or equivalent) in Mathematics, Science, Engineering, or a related degree, with a minimum of a 2:1 classification.
• You'll know Excel will have experience with one or more programming languages such as SQL, SAS, R or Python
• You will bring an understanding of the dynamics of personal lines insurance (pet insurance experience an advantage, but not essential!)