Pricing Analyst

Pricing Analyst

If you are a Pricing Analyst looking for a new role offering a wealth of career progression and development, this opportunity may be the perfect fit for you.

Admiral has always considered our Pricing department to be a fundamental cornerstone of the successful growth of our business. As the market continues to evolve and we continue to develop the way we work, we are looking for driven, skilled, and experienced Pricing Analysts to join us in our International Pricing Team.

Our International Pricing team is responsible for providing support and guidance to our businesses worldwide. Pricing Analysts will work together with our colleagues and teams in the UK and overseas, running pricing models and using statistical tools to understand and analyse the numbers and make proposals to improve the pricing structure in our operations. Our new emerging products and overseas operations have ambitious growth plans and sharing best practices, innovation, and using knowledge and experience in one country to improve our risk selection and processes in other countries and entities plays a key role to be successful.

This is a very exciting time to join International Pricing. Pricing Analysts can expect to have the opportunity to work closely with our Admiral Financial Services (AFSL) and Admiral Pioneer entities, along with collaborating with new and emerging products from our other Pricing teams (for example, Household or Motor).

Role Responsibilities

• Analysing our pricing structures and past performance to improve risk selection
• Assessing the usefulness of new data sources, both external and internal
• To support some of the more complex and detailed projects within Pricing
• Communicating results and ideas to key decision-makers across different group companies, including Heads of Department and regional CEO/COO
• Collaborating with peers in pricing and with stakeholders from all relevant areas of the business

This is not a full definition of the roles but covers the main aspects and drivers for success. If you would like any further information, please do not hesitate in contacting the Recruitment Officer looking after the role.

About You

We are looking for a creative, innovative, and ambitious individuals, with approx. 1 year + experience in Pricing within any insurance, who have a track record of finding insight in data, can take ownership for driving forward change, and has a passion for sharing knowledge.

Qualifications

• Minimum of a bachelor’s degree, preferably in a STEM field

Essential Skills and Experience

• Approx. 1 year + in any insurance pricing role
• Strong quantitative and analytical skills supported by a solid academic and work background
• Proactive and creative approach to taking initiative and getting things done
• Willingness to learn from the bottom up and to acquire the necessary technical skills
• Team player with proven ability to collaborate and build relationships
• Excellent interpersonal and communication skills (both written and verbal)
• An interest in using data to understand the world around you, and the ability to communicate that understanding to a non-technical audience
• Personality and a sense of humour (we believe work should be fun!)

Desirable Skills and Experience

• Experience of working with programming packages like SAS and SQL is desirable but not essential

Additional Information

Reporting to
In this role, you will work closely with our whole Pricing leadership team and report to one of our Pricing Managers, with fantastic opportunity of being mentored and coached by them and our Senior Pricing Analysts.

Development and progression
We’re a big believer in personal development and preparing you for success in this role as well as your next. We’ll provide a range of on-the-job training as well as other opportunities to learn all the key skills you’ll need. There is fantastic opportunity for progression and development from this role, presenting opportunity to speedily progress your career within Pricing at Admiral.

Working Arrangements 
Due to COVID, the whole Pricing team is working remotely. We will provide you with everything you need to work comfortably from home. We expect you to be working remotely for the foreseeable future, however, once it is safe to return to the office, we will have days when the whole team comes together to collaborate. However, whilst Pricing currently run from our Cardiff Headquarters, location and working arrangements are flexible, and we would be keen to hear from candidates from further afield. 

Department
If you would like to find out more about the opportunities and why you should join our Pricing department at Admiral, take a look at Admiral Life where you will find exciting and interesting testimonials from our Pricing colleagues. You can also discover some more information on our Pricing and Advanced Analytics life section on LinkedIn.

Salary, Benefits and Work-Life Balance

We do not have a set salary for this position, as it will be dependent on the successful candidate’s experience. We are happy to see CVs from all candidates who meet the requirements and will be happy to discuss the remuneration package.

As the only FTSE 100 Company headquartered in Wales and ranked one of the best big companies to work for by the Sunday Times, Admiral is an exciting place to take your career. We are proud to be a diverse business where we put our people and customers first. We have great benefits to ensure colleagues have a great work-life balance; it's one of the reasons we are proudly the only company to have been named one of the Best Companies to Work For every year since 2001. We want you to have an element of freedom to define a working lifestyle that supports this, so accommodate flexible hours wherever possible.

You can also view some of our other key benefits here; https://admiraljobs.co.uk/employee-benefits/.

Please note, we are unable to accept CVs via email. If you would like to apply for the position, please click "Apply".

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