Senior Pricing Analyst

Our client a private healthcare protection provider is looking for a senior pricing analyst for a 12 month contract.

The pricing team is responsible for the development and delivery of all pricing to meet the commercial requirements.

The Senior Pricing Analyst's key responsibilities are:

*Develop and price new products and opportunities to deliver the membership growth and profit targets of the business.
*Design, develop and deliver new and improved pricing policies and solutions to ensure that business continues to grow profitably.
*Price new and existing products using various pricing/statistical models to understand underlying data trends and risks drivers to so the business objectives are achieved.
*Provide expertise regarding pricing issues to the business

These tasks relate to business administered in both UK and Denmark so the job holder will need to understand the different operating models, product propositions and risk drivers of the two sites.

The Senior Pricing Analyst will be accountable for:

*Analysing the risk of new products and propositions and recommended appropriate pricing to deliver the commercial targets
*Developing new and improved methodologies for pricing of current and new books of business
*Ensuring that products are appropriately priced for different propositions and markets taking into account the different dynamics of markets and different commercial targets.
*Communicating the results of their work, both verbally and written, with own manager, senior members of marketing and strategy
*Clearly present and explain Pricing techniques/methods to the business
*Provide support to the business in explaining pricing decisions to customers
*Work closely with Pricing Development Specialist to introduce new and improved pricing methodologies
*Mentoring of Pricing Analysts to help with their development and overall increase the skills and knowledge within the team

The Senior Pricing Analyst will be expected to work with senior members of the management team and be able to clearly present pricing principles and influence people across the business. They will need to be able to produce Pricing reports for the BILT/Project Steering Committees to support the pricing recommendations.

The Senior Pricing Analyst will need to be aware of the many local regulations governing the setting of prices and ensure that new propositions are priced in accordance with these regulations.

Qualifications, Training & Experience:

*Educated to degree level or equivalent - preferably with a degree in Actuarial Sciences or Mathematics/Statistics
*Affinity with numbers and ability to quickly spot patterns
*Experience of pricing within Insurance market - preferably PMI
*Expert understanding of different pricing models and techniques
*Strong business awareness and understanding of the Insurance market.
*Good commercial understanding
*Experience using and creating databases - SAS, Access, etc
*Knowledge of the International PMI market specifically (including knowledge on competitors, products, pricing methods, etc.)
*Knowledge of pricing systems, eg Emblem

Please direct all queries