Overview

Market Pricing Analyst

Permanent

Our client is looking to hire a Market Pricing Analyst to join their Surrey based office on a Permanent basis.

Ref: 5889

  • Location: Surrey
  • Category: Non-life Actuarial
  • Type: Permanent
  • Pay Range: Up to £55k

Overview

Key Responsibilities:

  • Investigations of customers’ responses to price to build behavioural models
  • Design and build model office environments to accurately predict the impact of any price change to the overall business
  • Research & development to include data sources, data mining and alternative modelling techniques
  • Competitor Analysis and market activity
  • Price Optimisation techniques
  • Peer Review of models and other work
  • Monitoring of models to ensure they remain suitable for purpose
  • Data reconciliation to ensure data accuracy for all projects
  • Presentations to different committees

Areas of activity:

  • Demand Modelling
  • Propensity Modelling
  • Geographical Modelling / Spatial Analysis
  • Competitor Rate Modelling
  • Researching and Monitoring competitor pricing activity
  • Proposing tactical pricing actions
  • Research and Development including automated modelling techniques
  • Construction and Maintenance of Model Office suites
  • Price Optimisation

 

Other Skills:

  • Competency in planning and prioritising own workload
  • Good level of presentation and negotiation skills showing ability to explain complex issues to a non-technical audience
  • Ability to work under pressure and to strict deadlines whilst maintaining reliability and accuracy

Qualifications required:

  • Degree in a mathematics related discipline or evidence of equivalent proficiency

Experience required:

  • Excellent numerical mathematical skills
  • Preferably some experience of machine learning and alternative model forms

Consultant

Edward Taylor

Senior Consultant – Insurance & Risk

T: +44 (0)203 867 9834

Email me

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