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Travel Pricing Analyst

Employer
ADMIRAL GROUP PLC
Location
Cardiff County, Wales, United Kingdom
Salary
Competitive Salary
Closing date
Mar 28, 2023

View more

Job Role
Commercial Finance Manager
Sector
Finance
Contract Type
Permanent
Hours
Full Time
We are looking for ambitious and enthusiastic STEM graduates with good numerical skills who are fast-learners, willing to learn analytical tools such as SAS and SQL for analysing big data and ready to take on new challenges focussed on execution.

Travel Insurance Pricing

Travel Insurance plays a key role within Admiral Insurance's diversification strategy with Pricing playing a key role in its success. With the ever-increasing volume, velocity, and variety of information available, Pricing plays a key role in navigating the complexity in order to be able to set prices rationally, accurately, and fairly and ensure the business remains competitive.

Pricing Analysts will help build and run pricing models, presenting and communicating recommendations for rate changes and are responsible for setting and maintaining the rates which create competitive prices for our customers as well as supporting the wider product development. Key responsibilities may include:
  • Running pricing models using statistical tools and understanding the numbers within those models
  • Having responsibility for making recommendations for potential improvements to our products' rating structure such as through external data sources
  • Creating and running reports as and when needed
  • Acting as a liaison for pricing in answering customer queries related to pricing
  • Assisting in testing pricing related changes that are being implemented in the system

This is not a full definition of the role but covers the main aspects and drivers for success.

About You

Qualifications
  • A degree, 2:1 (or equivalent) or above in a STEM or strong numeric discipline

Key Skills
  • Highly motivated and ability to work off your own initiative
  • Strong communication and interpersonal skills
  • Demonstrable ability to combine analytical thinking based on numbers, together with common sense and imagination
  • Flexibility to adapt to changing conditions and priorities
  • Prior experience with any programming language is preferred; in-house training will be provided to adapt to the role's requirements

Location

We are working in a hybrid approach and so are in the office twice per week in Cardiff. We will provide you with everything you need to work comfortably from home.

Training & Development

Training for the role will be provided by the senior members of the Pricing Team. In addition, you will be part of a small team and will have plenty of opportunity to interact, develop and learn from others. The team have generally adopted a hybrid working pattern split between at least 2 days in the office and working from home. We will provide you with everything you need to work comfortably from home.

Thanks to the culture and structure of our business, the skills and experience developed within our Pricing team would be transferable to other analytical departments. Prior work experience is not required for the role, but the candidate must demonstrate willingness to work hard and succeed through prior academic and/or extracurricular activities.

About Admiral & Work Life Balance

We're Wales' only FTSE 100 company with forward-thinking approaches and endless opportunities to test, learn and grow. There's a reason we've been named a best place to work: Our progressive culture, core values, and commitment to diversity and inclusion has created a working environment where people share ideas, aren't afraid to speak up and change things, and above all, feel valued.

Based on innovation and organic growth Admiral has grown from being a small start-up into a multi-national organisation. The company is constantly investigating new products, services and markets and is now present in eight countries with a diverse product portfolio.

Admiral people work hard to keep us at the top of our industry, and are rewarded for it-with competitive pay, great benefits, a share package based on company performance (after a year of service), a great work-life balance, nearby fitness and health centres, and many other perks!

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 bank 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; https://admiraljobs.co.uk/employee-benefits/.

Our Commitment to You

At Admiral, we are committed to being a diverse and inclusive workplace. Admiral is proud to be an equal opportunities employer and does not discriminate on the basis of race, sex (including pregnancy, childbirth, reproductive health decisions, or related medical conditions), national origin, gender, gender identity, sexual orientation, disability, age, or any other legally protected status.

All qualified applicants will receive equal consideration for employment.

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