Pricing analyst Work, Jobs in Wells, Som (with Salaries)

Pricing Analyst
Somerset Bridge Group —Bristol
- £40,000 - £50,000 a year
- Full-time
- Hybrid work
- Analysis skills
- Machine learning
- Communication skills
- Annual leave
- Referral programme
Quick apply
7d
Associate Pricing Analyst
Somerset Bridge Group —Bristol
- Full-time
- Hybrid work
- Data analysis skills
- Analysis skills
- Organisational skills
- Annual leave
- Referral programme
Quick apply
5d
Commercial Insights Analyst
Longleat —Warminster
- £38,000 - £42,000 a year
- Monday to Friday
- Analysis skills
- Analytics
- Store discount
- Employee assistance programme
Senior Risk Pricing Analyst
Somerset Bridge Group —Bristol
- £65,000 - £75,000 a year
- Full-time
- Hybrid work
- Continuous improvement
- Mentoring
- Communication skills
- Annual leave
- Referral programme
Quick apply
Senior Analyst - Data Enrichment
Somerset Bridge Group —Cribbs Causeway
- £68,000 - £75,000 a year
- Full-time
- Hybrid work
- Mentoring
- Communication skills
- Annual leave
- Referral programme
Quick apply
Head of Retention Pricing
RAC —Bristol
- Analysis skills
- Presentation skills
- Leadership
Asset Risk Data Analyst
Ayvens —Bristol
- Full-time
- Microsoft Powerpoint
- Computer literacy
- Communication skills
- Free parking
- Annual leave
Finance Analyst- 12 Month Fixed Term Contract
Encirc —Bristol
- £28,000 - £30,000 a year
- Analysis skills
- Organisational skills
- Business
- Annual leave
- Employee discount
Quick apply
Commercial Support Coordinator (6 Month Fixed Term Contract / Secondment)
Screwfix —Yeovil
- Hybrid work
- Continuous improvement
- Employee discount
- Flexible schedule
Government Finance Analyst - Submarines
Rolls-Royce —Bristol
- Full-time
- Hybrid work
- Microsoft Powerpoint
- Continuous improvement
- Travel
- Annual leave
- Employee assistance programme
12d
Product Manager
Ripjar —Bristol
- Remote
- Product management
- Agile
- Financial services
- Annual leave
- Employee assistance programme
Quick apply
Finance Business Partner, Business Performance (2 x 12 Month Fixed Term Contracts)
Screwfix —Yeovil
- Hybrid work
- Employee discount
- Flexible schedule
Commercial Analyst
Network Plus —Bristol
- £40,000 - £45,000 a year
- Full-time
- Contracts
- Communication skills
Quick apply
AECOM Advisory - Senior Director (Defence)
AECOM —Bristol
- Full-time
- Hybrid work
- Management
- Sales
- Business development
Associate Director, Real Estate Transactions Tax, Financial Investors
Deloitte —Bristol
- Hybrid work
- Business development
- Communication skills

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Pricing Analyst

Somerset Bridge Group -
Bristol

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Job details

Permanent | Full-time
£40,000 - £50,000 a year
7 days ago

Benefits

Cycle to work scheme
Annual leave
Company pension
Referral programme
Car scheme

Qualifications

Financial Conduct Authority guidelines
Pricing
Stakeholder collaboration
Stakeholder liaison
Internal department liaison
Tableau
Power BI data visualisation
Statistical analysis
Analysis skills
Machine learning
Machine learning modelling
Forecasting
Multidisciplinary collaboration
Data visualisation
Communication skills
Customer acquisition

Full job description

Description

We're looking for a Pricing Analyst to join our Retail Pricing team. In this role, you'll use data analysis, statistical modelling and pricing insights to help develop competitive, fair and profitable pricing strategies for our motor insurance products.

Working closely with colleagues across Pricing and Underwriting, you'll support customer acquisition and retention, drive commercial performance, and ensure pricing decisions align with regulatory requirements and customer needs.

What you'll be responsible for:

Data Analysis and Modelling

Analyse historical data and trends to develop accurate pricing models and forecasts.
Apply statistical and actuarial techniques to identify key risk factors influencing pricing decisions.

Pricing Strategy Development

Collaborate with Pricing Actuaries to design competitive pricing strategies aligned with the company's financial objectives.
Utilise insights from market research and competitor analysis to refine pricing recommendations.

Reporting and Communication

Present findings, insights and recommendations to senior management and key stakeholders in a clear and impactful manner.
Prepare and maintain detailed documentation of pricing models, methodologies and assumptions.

Collaboration

Work closely with Underwriting, Marketing and Claims teams to incorporate diverse perspectives into pricing decisions.
Liaise with IT teams to support the implementation of pricing tools and system enhancements.

Regulatory Compliance

Ensure pricing models and practices comply with all relevant regulatory requirements and industry guidelines, including those issued by the Financial Conduct Authority (FCA).

Innovation

Contribute to the development, testing and enhancement of new pricing techniques and algorithms.
Explore and leverage machine learning and advanced analytical tools to improve predictive performance and pricing accuracy.

Continuous Improvement

Monitor the performance and effectiveness of pricing models, recommending enhancements where appropriate.
Stay up to date with industry developments, emerging risks and technological advancements to inform pricing decisions and best practice

What you'll need:

Strong analytical and problem-solving skills with a high level of numerical proficiency.
Knowledge of statistical software (e.g., R, Python, SAS) and data visualization tools (e.g., Power BI, Tableau).
Familiarity with actuarial pricing techniques, including GLMs (Generalized Linear Models) and machine learning algorithms.
Proficiency in Radar or EMBlem.
Ability to interpret large, complex datasets and derive actionable insights.
Excellent communication and presentation skills to convey technical findings to non-technical stakeholders.
Teamwork and collaboration skills, with an aptitude for working across departments.

Our 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

About Somerset Bridge Group

Somerset Bridge Group is dedicated to delivering fair products and innovative services in the insurance industry. Our group focuses on underwriting, broking, and claims handling to provide sustainable and innovative insurance solutions. Somerset Bridge Insurance Services Limited, operating under GoSkippy and Vavista, offers insurance coverage to over 700,000 customers. Somerset Bridge Limited handles underwriting and claims, processing almost 50,000 claims annually. Somerset Bridge Shared Services Limited provides essential support functions to ensure operational efficiency and compliance. With a strong commitment to values, culture, and customer service excellence, Somerset Bridge Group is recognised for its industry awards and growth. Join us to be part of a dynamic team that fosters creative thinking and personal development.

We are very proud to have been awarded a Gold Accreditation from Investors in People! We recognise that all of our people contribute to our success. That's why we are always looking for talented people to join our team - people who share our vision, who are passionate about what they do, and who want to be part of something special.

Equal Opportunity Employer

Somerset Bridge Group is committed to creating a diverse environment and is proud to be an Equal Opportunity Employer. We prohibit discrimination or harassment of any kind based on race, color, religion, national origin, sexual orientation, gender, gender identity or expression, age, pregnancy, physical or mental disability, genetic factors or other characteristics protected by law. SBG makes hiring decisions based solely on qualifications, skills and business requirements.

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Refine Your Search

pricing analyst jobs in wells, som

Pricing Analyst

Associate Pricing Analyst

Commercial Insights Analyst

Senior Risk Pricing Analyst

Senior Analyst - Data Enrichment

Head of Retention Pricing

Asset Risk Data Analyst

Finance Analyst- 12 Month Fixed Term Contract

Commercial Support Coordinator (6 Month Fixed Term Contract / Secondment)

Government Finance Analyst - Submarines

Product Manager

Finance Business Partner, Business Performance (2 x 12 Month Fixed Term Contracts)

Commercial Analyst

AECOM Advisory - Senior Director (Defence)

Associate Director, Real Estate Transactions Tax, Financial Investors

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