The Very Group

Insurance Pricing Analyst

The Very Group

full-time

Posted on:

Location Type: Hybrid

Location: Liverpool • 🇬🇧 United Kingdom

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Job Level

Mid-LevelSenior

Tech Stack

PythonSQL

About the role

  • Support the development, monitoring, and refinement of pricing strategies for insurance products through data analysis and modelling.
  • Build and maintain pricing models using tools such as Python, SAS, or Excel.
  • Analyse customer, claims, and market data to identify trends and pricing opportunities.
  • Contribute to insurance reporting, ensuring stakeholders understand product performance and customer outcomes.
  • Collaborate with product managers, underwriters, and finance teams to align pricing with commercial and regulatory objectives.
  • Assist in testing and implementing pricing changes, ensuring accuracy and compliance with internal controls.
  • Track and analyse the impact of pricing decisions to support continuous improvement.
  • Deliver clear, well-documented analytical outputs for both technical and non-technical audiences.
  • Support ad-hoc analysis and contribute to the improvement of tools, processes, and governance across the pricing function

Requirements

  • Experience in an analytical role, ideally within financial services or insurance.
  • Strong data analysis skills with proficiency in Excel and tools such as SAS, Python, R, or SQL.
  • Understanding of pricing concepts and commercial drivers in insurance.
  • Excellent attention to detail and ability to turn data into actionable insights.
  • Strong communication skills, able to explain complex analysis clearly.
  • Ability to manage multiple priorities in a fast-paced environment.
  • Experience with insurance products, claims, or underwriting data.
  • Exposure to machine learning methods for pricing optimisation.
  • Familiarity with regulatory considerations in insurance pricing (e.g., Consumer Duty).
  • Knowledge of statistical modelling techniques such as regression.
  • Understanding of insurance market dynamics and competitor analysis.
Benefits
  • Flexible, hybrid working model
  • Inclusive culture and environment, check out our Glassdoor reviews
  • £1000 flexible benefits allowance to suit your needs
  • 30 days holiday + bank holidays
  • Udemy learning access
  • Bonus potential (performance and business-related)
  • Up to 25% discount on Very.co.uk
  • Matched pension up to 6%
  • More benefits can be found on our career site

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
data analysispricing modelsstatistical modellingmachine learningregressionExcelSASPythonRSQL
Soft skills
attention to detailcommunicationanalytical thinkingcollaborationtime managementproblem-solvingadaptabilitystakeholder engagementactionable insightsmulti-tasking