Senior Pricing Analyst (Insurance)

As a Senior Pricing Analyst you will be managing Saga's street pricing to support the delivery of the insurance strategy, customer outcomes and contribution to the achievement of the overall P&L for Saga Services (SSL). We are looking for an experienced pricing expert who has a proven track record of developing innovative solutions to continuously improve Saga Services' pricing capabilities and support the trading performance. Experience in personal lines, especially one of our 4 products: Motor, Home, Travel and Private Medical, is essential. You will bring an understanding of the drivers of best-in-class street pricing and commercial success in a Personal Lines insurance business and implement innovative and new approaches to generate value. You will be working closely with the Pricing Managers to develop and implement complex solutions to help continuously improve our pricing capabilities. Additionally, you will work closely with the wider business to use your Pricing expertise to support key aspects of the Group's strategy and company's key shareholder objectives. We offer flexibility over where you work you choose a place that you feel most comfortable and productive, either from home or in one of our hubs in London, Ashford or Sandwich. The Pricing & Projects team comes together twice a month, usually in our London office.Role Responsibility As a Senior Pricing Analyst you will be responsible for proactively using data to identify areas of opportunity to drive commercial value and competitive advantage, delivering profitable growth for Saga's insurance business. Other accountabilities include:

• Model, interpret and monitor business data to identify and confirm market trends, product opportunities and new / changing rating factors.
• Provide pricing thought leadership using your experience of insurance pricing and data.
• Provide subject matter expert support in your areas of expertise on strategic projects.
• Assist in development of pricing models for deployment to the rating system, making best use of Radar and other software tools.
• Make recommendations based on your analysis.
• Mine, extract and interpret data to bring out insights, using cutting edge techniques, including machine learning.
• Monitor and assess impact of changes post implementation and proactively recommend amendments to flag where further investigation and action is needed.
• Develop an excellent relationship with our in-house underwriter, including working on joint insurance initiatives to enhance group value.
• Pricing support for business change initiatives.
• Ensure adherence to pricing fairness rules and data usage policies.
• Represent the needs of the pricing department in business change programmes as required.
• Supporting testing of price-related IT changes if required.
• Support in the learning and development of analysts within the pricing team.
  
  As a Senior Pricing Analyst, personal lines experience is essential, ideally within one of our core 4 products: Motor, Home, Travel and Private Medical.
Other industry experience would include:
• Detailed knowledge of General Insurance pricing processes and methodologies.
• Strong numerical and statistical capabilities.
• Inquisitive, natural problem solver.
• Excellent oral and written communication skills.
• Strong influencing and relationship management skills.
• Possesses strong team coaching/management abilities and actively motivates others to win.
• Proactive, enthusiastic, and self-motivated.
• Strong organisational skills, e.g. time management, documentation etc.
• Knowledge of modelling software, such as Radar, Emblem, or similar systems.
• Experienced in some programming languages such as SQL, R and Python.
• Understanding of regulatory requirements in relation to pricing.
  
  Over the past 70 years we have become the UK's specialist provider of products and services to people aged over 50 in the UK. The Saga brand has become one of the most recognised and trusted brands amongst UK consumers in this demographic, recognised for its high quality products and exceptional standards of service. These include cruises and holidays, insurance, personal finance and the Saga Magazine.
At Saga we are committed to treating all employees fairly and to offering equal opportunities in all aspects of employment and advancement. We value diversity not just because it is the right thing to do, but because diverse teams perform better. We're passionate about diversity, equity, and inclusion. Championing diversity is important to us, and diverse teams really are the best ones. We're passionate about creating a culture where every colleague feels like they belong. So that at Saga, more than anywhere else, you can be your best, be yourself and make a difference. Fair consideration is given to all applicants, including those with disabilities and those over who are over the age of 50. As champions of age inclusivity and signatories of the Age-Friendly Employer Pledge, we are proud of our multigenerational teams. We are also an official Disability Confident Committed employer and ensure that our recruitment process is inclusive and accessible and we will make reasonable adjustments as required. For more information on our DEI policies please visit our Saga Careers page.

Everyday our colleagues deliver exceptional experiences to our customers. We believe exceptional work deserves even more exceptional rewards, that's why we have put together an amazing benefits package for all colleagues. We offer flexibility over where you work you choose a place that you feel most comfortable and productive, either from home or in one of our hubs in London, Ashford or Sandwich. BENEFITS AVAILABLE TO ALL COLLEAGUES:
• Our working week is 35 hours per week, these can be worked flexibly to suit your working style
• 25 days holiday + bank holidays
• Option to purchase additional leave up to 5 extra days
• Pension scheme matched up to 10%
• Life assurance policy on joining us
• Wellbeing programme
• Colleague discounts including family discounts on cruises and holidays
• Range of reductions and offers from leading retailers, travel groups and entertainment companies
• Enhanced maternity and paternity leave
• Grandparents leave
• Company performance related annual bonus - Up to 5%
• Income protection
• Access to Saga Academy, our bespoke learning platform