Pricing Analyst

Recruiter
Thomas Recruitment
Location
Caerphilly, Caerphilly County Borough
Salary
£50000 - £70000/annum
Posted
06 Jul 2017
Closes
05 Aug 2017
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
My client who opened over 20 years ago, has helped thousands of businesses to secure outstanding quotes for all types of business insurance, from public and employers liability insurance to courier insurance, corporate risks insurance and professional indemnity insurance and are now looking for an experienced Pricing Analyst to join the team.

The role
Managing profitability & underwriting performance of the allocated products to deliver target loss ratio and presenting this effectively to capacity providers to maintain existing and secure new facilities. To deliver Gross Written Premium targets on allocated products by maintaining a competitive market position, maximising product risk acceptance and coverage without compromising Underwriting performance, In your role you will communicate with all levels within the company across all departments. And work closely with the Board of Directors to determine the Underwriting strategy and deliver target loss ratio & GWP

Principle Accountabilities
• Monitor competitor activity and competitive position within market
• Capacity management and insurer relations
• Business development
• Pricing Operations
• Underwriting
• Compile ad hoc Management Information within given time constraints

Related Accountabilities
• Involvement with relationship building with Internal and External Teams
• Identifying potential areas of improvement within the business and being proactive in offering solutions
• Analysing department performance and provide proposals of how to improve
• Liaising with other department to identify and improve working practices
• Implementing change with Management team
• Act as value ambassadors, leading by example to influence positive change in the behaviours of team members in line with values-based behavioural guidelines
• Identify opportunities to provide learning and development support and / or drive development initiatives
• Raise in a timely manner system issues that affect performance

Knowledge
• Regulatory and company Practices
• Product
• Pricing & Underwriting Experience
• Proven management and leadership experience
• To use Management Information experience to boost income into the business
• Experienced in use of market analysis and pricing software tools.

Skills
• Competitor Analysis
• Supporting the business
• Lead by example
• Forward Planning
• Setting Standards and Targets
• Developing policies and plans
• Harnessing Resources

Managing Delivery
• Implementing policies and plans
• Reviewing Resources
• Reviewing and managing progress

Decision Making and problem solving
• Being accountable
• Taking decisions
• Providing Solutions
• Being prepared to take managed risks
• Being aware of the potential implications of ‘on the spot’ decisions

Communicating Effectively
• Providing information, feedback and advice
• Influencing and negotiating
• Seeking information and feedback

THOMAS Recruitment is committed to assisting you in your job search with YOUR CAREER at Heart.
If you are interested in this fantastic opportunity please send us your CV