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Pricing Analyst

Job Title: Pricing Analyst
Contract Type: Contract
Location: Birmingham, West Midlands
Industry:
Salary: £600 - £650 per day
Start Date: ASAP
Reference: BBBH5338
Contact Name: Joshua Djumpah
Contact Email: jdjumpah@venquis.com
Job Published: September 06, 2016 20:58

Job Description

Job Summary

Working for a market leading general insurer you will be sitting within the pricing team providing extensive analysis. You will be part of the team where a number of new products have recently been or soon will be launched across personal lines.

MUST HAVE

  • Strong Insurance Background - Personal Lines (General Insruance)
  • Strong background and understanding of Pricing and Reserving
  • Good with Data - Strong SAS Skills
  • Has worked in a business analysis capacity liasing with stakeholders and holding workshops
  • Strong numeric and statistical skills

Key Responsibilities

Develop and maintain product pricing for prospective new products

In conjunction with the Research & Development function, manage periodic risk rate analyses, investigate new techniques and sources of data that will improve risk selection, retention and new business conversion, and hence profitability.

Maintain systems to monitor the performance of accounts in terms of business flow

In consultation with the Reserving Manager, maintain awareness of claims reserving developments for financial reporting so that consistency is achieved in pricing decisions.

Key Skills

Detailed understanding and current knowledge of personal lines general insurance products and pricing. Working knowledge of the regulatory environment.

Good knowledge of relevant software packages including Microsoft Office & SAS.

Understands the modelling techniques specifically relating to Pricing and Reserving and key performance indicators used in the assessment of account performance.

Identifies trends in key indicators of performance and deviations from expected results.

Able to work to tight deadlines

Reports results and makes recommendations in a clear and concise manner.

Call Joshua Djumpah on 02034055694 for further details and submit CV's to jdjumpah@venquis.com

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