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Pricing Analyst Portfolio Management

Vermelo RPO
Posted 18 days ago, valid for 6 days
Location

Manchester, Greater Manchester M17 1DJ, England

Salary

£48,000 - £57,600 per annum

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Contract type

Full Time

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Sonic Summary

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  • The Pricing Analyst position at Atlanta Group, part of the Markerstudy Group, is located in Manchester/Stoke and focuses on personal lines underwriting.
  • This role requires a minimum of 3 years of experience in Personal Lines Pricing and offers a competitive salary of £40,000 to £50,000 per year.
  • Key responsibilities include monitoring the portfolio, developing pricing models, and collaborating with the Underwriting and Technical Modelling teams.
  • Candidates should possess strong analytical skills, experience with predictive modelling techniques, and proficiency in programming languages such as R or Python.
  • The ideal candidate will be self-motivated, possess a quantitative degree, and have a passion for innovation and process improvement.

Job Title: Pricing Analyst (Portfolio Management)

Locations: Manchester/Stoke

Role Overview

This role is for Atlanta Group, part of the Markerstudy Group.

We have an exciting new role available for a Pricing Analyst to join our team at Atlanta, part of the Markerstudy Group, within our rapidly growing personal lines underwriting. It’s the perfect opportunity for someone looking to progress with a fast growing company and make their mark on shaping our pricing models.

 As a Pricing Analyst, you will use your advanced analytical skills to:

  • Monitor our portfolio and deliver innovative pricing solutions,
  • Use a blend of predictive analytics and commercial acumen to distil key trends and identify pricing actions,
  • Contribute to the profitability of the products by meeting loss ratio targets and protecting capacity providers’ financial results by balancing product volume and profitability

The portfolio management team is responsible for developing new modelling techniques and processes, and building and refreshing the risk models that underpin our rates that need to operate effectively in the aggregator channels.

Key Responsibilities:

  • Support the design, development and implementation of a robust and innovative performance monitoring framework
  • Contribute to the continuous pricing cycle including development and deployment of tactical pricing initiatives, price optimisation proposals and price change opportunity & impact analytics.
  • Work closely with the Underwriting team on risk appetite, product development and innovation supporting progression by providing performance and market analytical insight.
  • Work closely with the Technical Modelling team on peril risk cost models ensuring product performance dynamics are suitably captured and fed back in technical models.
  • Contribute to delivery of the pricing roadmap in line with the vision and long-term goals of the company.

Key Skills and Experience:

  • Previous experience within Personal Lines Pricing is advantageous
  • Experience with some of the following predictive modelling techniques; Logistic Regression, GBMs, Elastic Net GLMs, GAMs, Decision Trees, Random Forests, Neural Nets and Clustering
  • Experience in statistical and data science programming languages (e.g. R, Python, PySpark, SAS, SQL)
  • A good quantitative degree (Mathematics, Statistics, Engineering, Physics, Computer Science, Actuarial Science)
  • Experience of WTW’s Radar and Emblem software is preferred
  • Proficient at communicating results in a concise manner both verbally and written

Behaviours:

  • Self-motivated with a drive to learn and develop
  • Logical thinker with a professional and positive attitude
  • Passion to innovate, improve processes and challenge the norm
  • Personality and a sense of humour

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By applying, a Reed account will be created for you. Reed's Terms & Conditions and Privacy policy will apply.