# Senior Pricing Analyst

**Company:** [Wrisk](http://jobs.workable.com/companies/9AyKi6poRzGE6VgFUYG4wP.md)
**Location:** London, United Kingdom
**Workplace:** hybrid
**Employment type:** Full-time

[Apply for this job](http://jobs.workable.com/view/a63ab01b-abb5-4821-a63c-4e9c17a6734b)

## Description

We are actively seeking a highly skilled Senior Pricing Analyst who possesses an extensive background in machine learning and data science, including the experience of retrieving, cleansing and processing data programmatically along with a deep comprehension of actuarial principles and practices. This pivotal role demands a professional who can expertly navigate the complex interplay between advanced analytics and traditional actuarial approaches. **Candidates must have experience in motor and insurance claims analysis.**

Moreover, the Pricing Analyst will play a vital role in shaping the company's strategic direction. By providing data-driven insights and recommendations, you will influence key business decisions, contributing to the development and refinement of our insurance products. This will require a blend of technical expertise, strategic thinking, and a keen understanding of the insurance marketplace.

Furthermore, collaboration will be a significant aspect of this role. You will work closely with diverse teams, including product development, underwriting, risk management, operations and technology, ensuring a cohesive approach to product pricing and development.

Responsibilities:

-   Develop and implement pricing models using machine learning algorithms and statistical analysis to evaluate risk and formulate pricing strategies for motor and P&C insurance products.
-   Partner with the insurance team to integrate conventional actuarial methods and insights into pricing models.
-   Perform extensive data analysis, involving the collection, cleaning, and processing of large datasets to pinpoint trends, anomalies, and optimisation opportunities.
-   Collaborate closely with product development teams to comprehend product features and devise pricing structures that meet customer needs and business goals.
-   Keep up-to-date with industry trends and developments in data science and machine learning, applying these insights to improve pricing precision and market competitiveness.
-   Work in conjunction with underwriting and risk management teams to ensure pricing strategies are in line with overall risk preferences and regulatory requirements.
-   Offer data-driven insights and recommendations to senior management for strategic decision-making.
-   Assist in the development and launch of new products by providing expert analysis and pricing advice.
-   Adhere to relevant regulations and maintain a thorough knowledge of the regulatory landscape impacting motor and P&C insurance products.

## Requirements

-   Bachelor's or Master's degree in Data Science, Statistics, Actuarial Science, Mathematics, or a related field.
-   Demonstrated experience in a pricing analyst role, preferably within the insurance sector.
-   High proficiency in machine learning techniques and tools (e.g., Python, R, SQL) including fluent use of at least one open-source programming language.
-   Familiarity with actuarial principles, methods, and practices, particularly in relation to motor and P&C insurance.
-   Exceptional analytical and problem-solving abilities, with meticulous attention to detail.
-   Strong communication and presentation capabilities, able to communicate complex analytical ideas to a non-technical audience.
-   Capacity to work both independently and as part of a team in a fast-paced, dynamic setting.
-   A proactive stance towards learning and keeping abreast of the latest industry advancements.