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Graduate Pricing Analyst

Cardiff

  1. Full time

Closing date

27/11/2024

About the job

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This vacancy has now expired. Please see similar roles below...

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We are looking for ambitious and enthusiastic graduates, who enjoy working with numbers, to join our growing Pet team. Pet Insurance plays a key role within Admiral Insurance’s diversification strategy, with Pricing playing a key part in its success.  Now is a fantastic time to join a dynamic and innovative team and make a real difference.

Please note this role is not suitable for current students as we require someone who can start within a reasonable timeframe.

What does Pricing do?

Pricing determine and adjust the prices we charge our customers through logic-based reasoning and statistical analysis. Graduate Pricing Analysts will build and run pricing models and make recommendations for rate changes and are responsible for setting the rates which create competitive prices for our customers.

Main Duties:

As a Graduate Pricing Analyst in Pet, you could be involved in:

  • Building expert knowledge of various tools and languages, which may include Excel, SAS, SQL and others.
  • The creation and maintenance of key reports – and using those to monitor key performance metrics.
  • Running pricing models using statistical tools, interpreting results, and presenting recommendations for potential rate changes.
  • Acting as a liaison for pricing in answering queries relating to pricing.
  • Assisting in the technical implementation and testing of price changes.
  • Assisting in ad hoc reporting and other analysis.

Location:

We are working in a hybrid approach, with two days a fortnight in our Cardiff office (travel expenses are not covered).  We will provide you with everything you need to work comfortably from home.

Key Skills, Qualifications and Experience:

  • A degree, 2:1 (or equivalent) in a field with significant mathematical/statistical content.
  • Prior experience with a programming language is an advantage but not essential.
  • Demonstrable ability to combine analytical thinking based on numbers, together with common sense and imagination.
  • Highly motivated with the ability to work both collaboratively and independently.
  • Able to communicate effectively to all types of audience.

Interview Process:

There will be a test as well as an interview via Teams. 

Salary, Benefits and Work-Life Balance:

We do not have a set salary for this position, as it will be dependent on the successful candidate’s experience. We are happy to see CVs from all candidates who meet the requirements and will be happy to discuss the remuneration package.

At Admiral, we are proud to be a diverse business where we put our people and customers first. We have great benefits to ensure employees have a great work-life balance; it's one of the reasons we’re consistently voted one of the Sunday Times Best Big Companies to Work For in the UK. We want you to have an element of freedom to define a working lifestyle that supports this, so accommodate flexible hours wherever possible.

All colleagues will receive 33 days holiday (including banks holidays) when they join us, and this will increase with length of service, up to a maximum of 38 days (including banks holidays). You also have the option to buy or sell up to five days of annual leave in addition to your allocation.

You can also view some of our other key benefits here.

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Our Benefits

As one of our four pillars to our culture, Reward and Recognition is extremely important. We believe that happy staff make happy customers, so we have a huge range of great benefits to make sure everybody has something to smile about! Here are a few of our more popular ones.

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