Quick overview
Job description
Senior Pricing Innovation Analyst
Contract: Permanent
Overview of the Senior Pricing Innovation Analyst role
Sellick Partnership is currently partnering with a growing insurance organisation who are looking for an experienced Senior Pricing Innovation Analyst to join their Actuarial Finance team.
This is an exciting opportunity for a commercially minded individual to identify and deliver innovative pricing opportunities that improve competitiveness, customer value and business performance. The successful candidate will lead pricing initiatives from initial concept through to testing, analysis and implementation, using data-driven insights to influence strategic decision-making.
Key responsibilities of the Senior Pricing Innovation Analyst will include
- Identify and deliver pricing opportunities to improve competitiveness, customer value and profitability.
- Monitor market trends and competitor activity to support pricing strategy.
- Develop and maintain customer lifetime value optimisation frameworks and algorithms.
- Lead pricing projects from initial concept through to testing, evaluation and implementation.
- Analyse pricing performance and customer behaviour, providing recommendations for improvement.
- Present complex analytical findings and pricing recommendations to key stakeholders.
- Maintain pricing governance, controls and documentation.
- Collaborate with cross-functional teams to deliver pricing improvements and support continuous development.
Required experience/qualifications for the Senior Pricing Innovation Analyst position will include
- Strong experience in general insurance pricing, ideally within personal lines.
- Experience using analytical tools such as SAS, Python, R, SQL or Excel.
- Familiarity with Earnix or other pricing and optimisation platforms.
- Understanding of pricing strategy, customer behaviour, retention, price elasticity and lifetime value.
- Experience designing and delivering pricing tests, pilots or optimisation initiatives.
- Knowledge of pricing governance, controls and performance monitoring.
- Strong analytical, commercial and problem-solving skills.
- Proven project management experience, taking initiatives from concept through to implementation.
- Excellent communication and stakeholder management skills, with the ability to influence decision-making.
Benefits available alongside the Senior Pricing Innovation Analyst position include:
- 24 days annual leave, plus an additional day off for your birthday.
- Pension scheme.
- Life assurance and income protection.
- Private medical insurance.
- A range of additional employee benefits.
How to apply for the Senior Pricing Innovation Analyst position
If you have the required experience and expertise for this Senior Pricing Innovation Analyst opportunity, please apply within. Alternatively, for a confidential discussion about the role, please contact the recruitment team.
Synonyms: Senior Pricing Analyst, Pricing Innovation Analyst, Senior Actuarial Analyst, Insurance Pricing Analyst, Pricing Strategy Analyst, Pricing Optimisation Analyst.
Sellick Partnership is proud to be an inclusive and accessible recruitment business and we support applications from candidates of all backgrounds and circumstances. Please note, our advertisements use years' experience, hourly rates, and salary levels purely as a guide and we assess applications based on the experience and skills evidenced on the CV. For information on how your personal details may be used by Sellick Partnership, please review our data processing notice on our website.
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