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As a Pricing Analyst, you will: Innovate: Develop and deliver price optimisation models for Motor or Home insurance. Integrate: Use your technical expertise to blend traditional insurance metrics with our proprietary retail data — a data set unique to the Partnership. Impact: Monitor performance via bespoke dashboards, providing actionable insights that directly influence our strategy.
Job Responsibility:
Providing a range of pricing options for consideration to the Senior Pricing Manager with suggested recommendations, with a particular focus on generating insights and value from our proprietary retail data
Delivering robust behavioural, demand, and market premium models in Earnix, compliant with regulations, and delivering ongoing value for customers and the business
Maintaining and enhancing Earnix LTV models with robust assumptions to deliver reliable lifetime value insights for responsible pricing and customer value
Monitoring the effectiveness of implemented pricing strategies, track key performance indicators (KPIs), and prepare detailed reports and presentations for senior management and stakeholders
Supporting the specification of monitoring and controls that will ensure continued compliance with all relevant regulations
Ensure adherence to John Lewis policies and procedures, operating within all legal and regulatory guidelines
Requirements:
Suitable numerate degree or apprenticeship i.e Mathematics, Statistics, Actuarial Science or similar
Minimum of 1 years' experience in motor or home insurance pricing
Expertise in SQL
Good knowledge of general insurance principles, products, and practices
Experience building predictive models for general insurance
Familiarity with relevant regulations, particularly GIPP and Consumer Duty
Proven business judgement, with the ability to solve complex issues using pragmatic solutions
Nice to have:
Knowledge of retail pricing data and modelling techniques
Experience with modelling tools (e.g., Emblem, Earnix, R, Python)
What we offer:
Night Premium at a rate of £4.75 per hour
Leisure Learning (up to £200 towards certain tutored courses)
Partner Discount (25% off at John Lewis and 20% at Waitrose)