Pricing analyst

Pricing Analyst Worthing, to GBP70k Pricing Analyst required to join our dynamic team in Worthing. As a Pricing Analyst, you will play a pivotal role in developing and implementing pricing strategies to ensure profitability and competitiveness in the insurance market. KEY RESPONSIBILITIES: * Operate on both supply side (underwriting) and demand side (sales) pricing * Developing, maintaining, and enhancing pricing models for their insurance products, ensuring they are both competitive and profitable. * Analysing historical claims and other relevant data to identify trends and patterns, and applying this knowledge to optimize pricing strategies. * Refine and develop metrics for tracking performance across the company rsquo;s portfolio * Collaborating with external underwriters, product development, and other cross-functional teams to design new and innovative insurance products. * Monitoring the performance of existing products and recommending adjustments to pricing and coverage as needed. * Staying current with industry trends, regulatory changes, and emerging methodologies to ensure best practices are consistently applied. * Preparing clear and concise reports for management and other stakeholders, outlining pricing recommendations and their potential impact on the business. * Supporting the development and implementation of advanced pricing tools and methodologies. * Mentoring and providing guidance to other team members. KEY REQUIREMENTS: * Qualified or nearly qualified actuary with relevant experience in the insurance industry. * Strong analytical and problem-solving skills, with proficiency in statistical modeling and data analysis tools (eg, SAS, R, Python). * Solid understanding of insurance principles and pricing techniques. * Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams. * Proven ability to manage multiple projects and priorities in a fast-paced environment. * Knowledge of regulatory requirements and industry standards related to insurance pricing