Senior Risk Pricing Analyst

Key Responsibilities

• Build and improve pricing models: Lead the creation and refinement of actuarial models used to price motor insurance products, ensuring they remain robust, accurate and responsive to market conditions.
• Analyse risk and performance: Conduct deep-dive analyses to identify risk factors, trends and patterns; run experience studies and profitability reviews to evaluate model performance and recommend enhancements.
• Partner across the business: Collaborate with underwriting, finance, product and other teams to align pricing strategy with wider business objectives and support product development and planning.
• Support governance and compliance: Maintain awareness of relevant regulation and actuarial standards, helping ensure pricing activity is compliant and well-controlled.
• Communicate insight: Produce clear reports and presentations for senior stakeholders, explaining complex technical findings in an accessible way.
• Coach and upskill others: Provide technical guidance and mentoring to colleagues, contributing to capability-building across the team.
• Drive continuous improvement: Identify process improvements and adopt new techniques and tooling to increase efficiency and effectiveness.

Skills, Knowledge & Expertise

• Strong actuarial/pricing background with experience developing and refining models for pricing and risk assessment.
• Advanced analytical and problem-solving skills, with a track record of improving approaches beyond traditional risk cost modelling.
• Practical programming/analytics capability (e.g., Python and SQL), including data manipulation and model implementation.
• Excellent written and verbal communication skills, able to influence non-technical stakeholders.
• Collaborative working style and the confidence to engage with senior stakeholders.
• High attention to detail and a strong focus on controlled, well-documented analysis.
• Industry experience: 3+ years in a similar pricing/risk modelling role (motor insurance experience preferred).

Benefits

• Hybrid working – 2 days in the office and 3 days working from home
• 25 days annual leave, rising to 27 days over 2 years’ service and 30 days after 5 years’ service. Plus bank holidays!
• Discretionary annual bonus
• Pension scheme – 5% employee, 6% employer
• Flexible working – we will always consider applications for those who require less than the advertised hours
• Flexi-time
• Healthcare Cash Plan – claim cashback on a variety of everyday healthcare costs
• Electric vehicle – salary sacrifice scheme
• 100’s of exclusive retailer discounts
• Professional wellbeing, health & fitness app - Wrkit
• Enhanced parental leave, including time off for IVF appointments
• Religious bank holidays – if you don’t celebrate Christmas and Easter, you can use these annual leave days on other occasions throughout the year.
• Life Assurance - 4 times your salary
• 25% Car Insurance Discount
• 20% Travel Insurance Discount
• Cycle to Work Scheme
• Employee Referral Scheme
• Community support day