Senior Technical Pricing Analyst

We insure small businesses and enable big dreams not just for our customers but for our people and communities too. With overactive insurance policies we protect builders bakers landlords and more than 1200 other trades.

Were a technology company as well as one that sells insurance. That means we build we fail we learn and we improve. Through our global social impact strategy called The Big Dreams Project were working to help 10000 small businesses start or grow by 2030.

Why not check out our advert on YouTube:Simply Business TV advert 2024: Simply the Best.

Product

Permanent

1

As a Senior Technical Pricing Analyst at Simply Business you will step away from traditional sluggish insurance models and lead our MGA pricing strategy from our tech-first London hub. We are completely bypassing legacy processes to apply sophisticated statistical techniques and machine learning to high-frequency data keeping us steps ahead in the fast-paced small business market.

What makes this role different from other technical pricing positions is the sheer scale of impact and autonomy you will enjoy. You wont just be tucked away building isolated models; you will have complete ownership over your analyses collaborate directly with underwriting and data science teams and see your data-driven recommendations transform directly into live market actions. Plus youll play a vital role in building a world-class analytics function by mentoring junior analysts and supporting the Head of MGA Pricing.

• Monitor the performance and health of the MGA portfolio from a risk perspective to ensure long-term sustainable profitability.

• Contribute to the production and maintenance of technical risk pricing models using Python R SQL and advanced pricing tools like Earnix Akur8 or Emblem.

• Identify emerging market trends and recommend proactive price adjustments to protect our leading position without negatively affecting loss ratios.

• Evaluate new product propositions to identify potential profitability and set the optimal price points for successful market entry.

• Transform complex datasets into actionable insights and enhanced dashboards for underwriting footprint reviews.

• Support the development of the wider pricing function through active training coaching and mentorship of junior colleagues.

• Highly numerate with a degree in a discipline like Mathematics Statistics Engineering or Physics.

• Experienced in a statistical or analytical role within the general insurance industry with an understanding of portfolio risk.

• Proficient in data manipulation and statistical modelling using tools like SQL R or Python and familiar with pricing software like Earnix Akur8 or Emblem.

• An excellent communicator who can comfortably present complex technical findings to non-technical business partners.

• A self-motivated proactive worker who enjoys managing their own workload and delivering high-quality results to tight deadlines.

• A collaborative teammate who can build strong relationships across data science and underwriting teams to achieve shared goals.

(We know its tough but please try to avoid the confidence gap. You dont have to match all the bullet points above to be considered for this role.)

We encourage people of all different backgrounds and identities to apply. We are committed to maintaining an inclusive supportive place for you to be you and do your very best work.

By sharpening our pricing strategy and driving technical innovation you will ensure we provide small businesses with the fair competitive protection they need to thrive. Ready to make a real-world impact and help us enable big dreams for small businesses Apply today.

• we offer a great work-life balance where workloads are manageable and everyone has the flexibility to work hybrid

• on top of the 25 days annual leave (plus bank holidays) we offer the option to buy five more days of holiday with your flexible benefits

• our flexible parental leave allows you to approach an important time how you want - with six months full pay to the primary caregiver and four weeks full pay if youre the secondary caregiver

• our life event leave is an extra days leave every two years for those big moments in your life like moving house or your birthday. And our long-serving employees get a two week paid sabbatical after five years of service then four weeks off after ten years of service

• private medical insurance through BUPA that covers any pre-existing condition is a core benefit. Plus a health cash plan that covers your everyday medical expenses

• we offer a competitive salary based on your experience and the current market. Plus the potential to earn an annual bonus based on performance

• access to tools to support your personal development on our dedicated learning platform. As well as support for your mental health with access to counselling

• we match what you put into your pension up to five per cent. And pass on a tax-free sum thats four times your basic salary with our life assurance policy with the option to increase it to ten times through our flexible benefit scheme

• our salary sacrifice car scheme gives you the option to buy a brand new fully insured and maintained car for a convenient fixed monthly amount taken from your gross salary (after 6 months service)

• our flexible benefits scheme gives you an allocated amount to use each year on benefits like critical illness cover dental insurance travel insurance or a gym membership

Ready to join us and drive our success as a high-performing team Apply today.

Simply Business is committed to providing equality and opportunities for all employees and candidates considering a career with us. We offer a workplace where colleagues are treated with respect and dignity. We dont (and wont) discriminate either directly or indirectly on the grounds of race colour religion belief political opinion disability nationality ethnic origin sex sexual orientation or relationship status at any stage of the hiring process or during the course of your employment.