pricing analyst Windsor, South East England, England
Job description
We’ve been in Britain’s homes for over 200 years. But at British Gas, we’ve never been more excited about the future. Right now, we’re at a pivotal moment. As well as leading our customers through a once-in-a-generation cost of living crisis, we’ve got big plans to get our homes closer to Net Zero.
That’s why we need a brilliant Senior Pricing Analyst - Insurance to help us get to where we’re going. You’ll bring bags of energy, know-how and passion to our family of door-opening brands, including British Gas and Hive. And you’ll join a team who are just as focused delivering on fantastic results as you are.
This role sits in the Protection Pricing Team which is responsible for designing, optimising and understanding all our insurance prices across our contract services from Home Care and Kitchen Appliance Cover to Break Down only. You will be part of developing and building customer level pricing models and conducting analyses to help monitor and understand performance. This helps us optimise and personalise our prices to make sure we get the best price to each customer.
The home office for this role is Windsor, the team go in around once a month and there will be occasional monthly travel to the London office.
Role Accountabilities:
- Create accurate, insightful pricing analysis to make data led recommendations to support and enable decision making.
- Review end-to-end customer journeys, identifying value opportunities, and forming recommendations on price optimisation across Insurance products
- Help with the implementation of price changes and monitor the impacts on key business metrics.
- Ensure that all pricing activity is aligned to regulatory requirements and has customer fairness at its core.
- Develop, analyse and maintain pricing models, customer life-time valuation, price elasticity test design, and customer behaviour to be used within our price optimisation process.
- Contribute to the preparation of pricing governance materials, business case assumptions and financial models, liaising with other areas of the business.
Experience:
Essential
- Proven experience working in an insurance pricing role (ideally personal lines)
- Strong numerical, mathematics or economics academic record from university or other studying
- Ability to interpret data and an understanding of modelling techniques
- Communicate pricing insights and recommendations in clear and simple terms.
- Good team player and able to build relationships across teams with key stakeholders.
- Proficiency in Excel and MS Office
Desirable – or a desire to learn the below
- SQL coding knowledge
- Experience using price optimisation software such as Radar Optimiser, or Earnix highly desirable. Exposure to Emblem, or similar modelling software, would be an advantage
- An interest to develop a career within the insurance industry
Our people are the beating heart of our business. We are incredibly proud of our commitment to being FlexFirst. From childcare to furry friends, we listened to our people and understood that they work best when they are comfortable and have a flexible working model that suits their individual needs. We embrace the opportunity to give our colleagues a choice to work from anywhere whilst still ensuring they can connect and engage with their teams through office days, employee networks and virtual events.
In addition, after listening to what matters most to them, we have tailored our well-being & benefits package around our employees.
Competitive salary and bonus potential
Up to £580 Employee Energy Allowance
Pension scheme
Electric car lease scheme
33 days holiday allowance, inclusive of public holidays, and the option to buy up to 5 additional days
Excellent range of flexible benefits, including technology vouchers & travel insurance
We are committed to creating a cleaner and greener future. And we’re making big changes to help us get there. That means cutting customers' emissions and our own to reach net zero. And because our people are the beating heart of our business, we will continue to champion inclusivity, develop future skills and invest in our local communities to create a better world for everyone. As part of our reforestation project with WeForest, for every new employee that joins our family, we plant trees in underprivileged areas in Tanzania to offer farming and wildlife economy opportunities for locals.
#LI-BGAS
At Centrica we embrace diversity and actively seek to attract individuals with unique backgrounds and perspectives. To build a more sustainable future, we need the best team – a team with a diverse mix of people and skills, where everyone feels welcome and able to succeed. We are dedicated in helping to close the diversity gap and would love to see more females, people of colour and LGBTQ+ employees, as well as those from a variety of cultures and ethnicity to veterans and the differently abled. Supporting diversity and inclusion is a big part of who we are, we are not looking for people to fit into our culture but to add to it!
PLEASE APPLY ONLINE by hitting the 'Apply' button.
Applications will ONLY be accepted via the ‘Apply’ button.
This role is being handled by the Centrica recruitment team and NO agency contact is required.
