Senior Pricing Analyst

Covéa Insurance offer a wide range of home, motor and commercial insurance backed by our award-winning customer service. Our purpose is to “help protect people against the worst happening and put it right if it does". It’s the reason we are here, and it’s the task we all focus on every day.

An exciting opportunity has arisen to join our Technical Personal Lines team as a Senior Pricing Analyst, focussing on the Technical Pricing of Commercial Lines of business. We’re looking for a candidate who has a few years’ experience working in insurance pricing and is looking to take on more responsibility in their role.

The perfect candidate enjoys applying machine learning and other analytical techniques to solve problems, is keen to collaborate within a team environment, and who is constantly striving to develop their skills.

What will I be doing?

You can expect your role in Technical Pricing to vary greatly day-to-day. Here’s a taster of some of the work you’d get involved in:

• Maintain and develop sophisticated pricing models and price optimisation techniques
• Analyse, evaluate, and assess new rating factors and develop pricing structures that utilise them
• Guide the business in determining pricing action required to achieve the business’s objectives
• Acquire and maintain an in-depth knowledge of the pricing and analysis tools used across the team, including WTW Radar, WTW Emblem, SAS Enterprise Guide, SQL, and Python
• Automate, streamline, and document pricing processes, to make them as efficient as possible
• Present technical proposals to key stakeholders as part of our technical sign-off and governance process
• Responsibility for managing certain processes and liaising with relevant stakeholders both within and external to the organisation
• Responsibility for the management and career development of your line reports

What would we like to see in you?

• Either a 2:1 bachelors’ degree or better (or equivalent) in an appropriate numerical subject, or equivalent experience
• General Insurance pricing and underwriting experience, with performance of typical duties of a Technical Pricing, Data Science, or Actuarial function
• Experience in the application of machine learning, statistical and mathematical techniques in General Insurance pricing, predictive modelling, risk selection, and analytics
• Strong numerical and analytical skills, with a keen eye for problem-solving & attention to detail
• Excellent communication and interpersonal skills, with the ability to present technical proposals to both technical and non-technical senior stakeholders
• Self-motivated with the ability to work independently or in a team, whilst managing time effectively to perform well under pressure
• Continuous drive to improve and demonstrate core company values to your line reports
• Experience analysing data using Actuarial or analytical techniques or working for a UK Personal or Commercial Lines underwriter would be an advantage

We understand that some candidates may be hesitant to apply for a position if they do not meet all the criteria listed in the job description. At Covéa, we are dedicated to creating a diverse and inclusive work environment. Therefore, if you are interested in applying for this role but do not fully meet all the requirements, we still encourage you to submit your application.

What’s on offer?

• 36.25 working hours per week with flexitime, (along with a range of flexible working options)
• Annual pay review and performance related bonus
• 25 days holiday + bank holidays, with the option to buy/sell holidays
• Continued professional development through internal training programmes, professional qualifications and apprenticeships
• A wealth of support for your mental, financial & physical wellbeing through our Wellbeing group
• A range of health benefits such as access to a 24/7 Virtual GP, free eye tests, flu jabs and the option to opt into private medical insurance
• Tusker Car Scheme - salary sacrifice scheme which lets you drive away a brand new, fully maintained and insured car for up to four years.
• Generous pension scheme with a 7.5% minimum employer pension contribution, matched to maximum of 9% dependant on your contribution
• Additional benefits such as discounted gym memberships, cycle to work schemes and discounts at lots of retailers through Perkpal

Our Mission…

Our mission is to welcome everyone and create engaged, inclusive teams. Being an inclusive workplace means taking action to make sure everyone has equal opportunity to succeed, irrespective of their differences. We celebrate our differences and encourage everyone to join us and be themselves at work.

As a Disability Confident Employer, we want to ensure that our recruitment process is fair for all.  If you require any reasonable adjustments or wish to discuss in more detail, then please get in contact with us or mention it during the online application process.

Salary:

Up to £45,000 (Dependent on Experience)

Working hours:

36.25