About the Role
As a Senior Technical Pricing Analyst, you will lead the MGA pricing strategy using sophisticated statistical techniques and machine learning on high-frequency data. You will have complete ownership over analyses, collaborate with underwriting and data science teams, and see your recommendations transform into live market actions. You will also mentor junior analysts and support the Head of MGA Pricing.
Responsibilities
- 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.
Requirements
- 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.
Skills
- Python
- R
- SQL
- Earnix
- Akur8
- Emblem
Location
- London
Work Type
- Permanent
- Hybrid
Experience Level
- Senior
Education Level
- Degree in Mathematics, Statistics, Engineering, or Physics
Salary/Compensations
- Competitive salary based on experience and market
- Potential to earn an annual bonus based on performance
Benefits
- 25 days annual leave plus bank holidays
- Option to buy five more days of holiday
- Six months full pay for primary caregiver parental leave
- Four weeks full pay for secondary caregiver parental leave
- Life event leave (extra day off every two years for major life events)
- Two week paid sabbatical after five years of service
- Four week paid sabbatical after ten years of service
- Private medical insurance through BUPA (covers pre-existing conditions)
- Health cash plan for everyday medical expenses
- Access to tools for personal development on a dedicated learning platform
- Support for mental health with access to counselling
- Pension matching up to five percent
- Life assurance policy (tax-free sum that's four times basic salary, option to increase to ten times)
- Salary sacrifice car scheme (after 6 months service)
- Flexible benefits scheme (allocated amount for critical illness cover, dental insurance, travel insurance, or gym membership)
About the Company
- We insure small businesses and enable big dreams – not just for our customers, but for our people and communities too.
- With over 1,000,000 active insurance policies, we protect builders, bakers, landlords and more than 1,200 other trades.
- We’re a technology company as well as one that sells insurance.
- Through our global social impact strategy, called 'The Big Dreams Project’, we're working to help 10,000 small businesses start or grow by 2030.
- We believe a world-class company culture is crucial to achieving our business goals as we make insurance more accessible to small business owners.
- We’re building a better way to buy small business insurance, and we’re using technology to get the job done.
- That includes developing cutting-edge data gathering and analysis capabilities; living and breathing testing and experimentation; and harnessing the many benefits of AI and other emerging technologies.
- We’re a values-led business.
- Our people all have a part to play in building a culture that lives these values: learning, empowerment, authenticity, pioneering, and simplicity.
Equal Opportunity
- 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 don’t (and won’t) 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.
