North Co Recruitment are working with a leading UK retail insurer to appoint a Pricing Analyst into their Pricing team. This role offers something different: rather than pure BAU rate changes, you'll work on bespoke agreements, new deal structures and product testing initiatives that give you genuine project exposure and variety you won't find in most direct pricing environments.
What you'll do
- Develop rate proposals that optimise performance, analysing mix, demand and loss ratio trends.
- Support the development of new commercial agreements, pricing structures and product testing initiatives.
- Conduct competitor and market activity analysis to inform pricing strategies and partnership positioning.
- Ensure rate changes are approved, accurately implemented and deliver intended value across the portfolio.
- Ensure customer fairness is embedded in all pricing decisions, with strong focus on impact to existing customers.
- Build and maintain strong relationships with internal stakeholders and external partners.
- Manage data reconciliation and ensure thorough process documentation across pricing activity.
What we're looking for
- Degree in mathematics or related discipline (2:1 or higher).
- Experience in an insurance pricing role is preferred but not essential.
- Strong problem-solving, critical thinking and analytical skills.
- Knowledge of tools such as R, Python or similar, and statistical techniques is advantageous.
- Excellent communication skills, able to explain complex concepts to diverse audiences.
- Ability to build stakeholder relationships and gain buy-in across internal and external partners.
- Resilient, motivated and comfortable working under pressure and to tight deadlines.
- Eager to learn and thrive in collaborative team environments.
Hybrid working applies, with a mix of home and office-based collaboration.
If you're currently in a BAU pricing role and looking for broader project exposure, partnership work and the opportunity to develop commercial pricing skills, we'd be keen to speak.
Salary: £45,000-£65,000, plus discretionary bonus
Location: Hybrid, Manchester based.
Please note, the client is unable to offer sponsorship for this opportunity.
For more information or to discuss other opportunities, reach out to Tom Parker, visit our website or follow our LinkedIn page.