Pricing Analyst

Prestige Underwriting is currently recruiting for a Pricing Analyst based at our Belfast HQ Office. The role would suit candidates due to graduate in 2025 from an Actuarial, Mathematical, Statistical or Risk Management background, recent graduates from the same disciplines, or candidates with 1-2 years industry experience. 

As a Pricing Analyst, you will work alongside like-minded colleagues in a supportive and positive environment. You’ll benefit from a structured Development Programme designed to help you learn in real-time, on-the-job and through supported training. That includes:

• Assisting in the development of new product pricing models.
• Assisting in regular reviewing of pricing models for household and motor insurance, ensuring the models are robust and well documented.
• Use of key pricing software packages such as Radar and Emblem to maintain profitability of both household and motor books.
• Performing rigorous validation of data in advance of analysis and actively recommending improvements to data quality.
• Developing solutions using a sound statistical approach to both new and routine pricing problems.
• Assisting in the development, analysis and monitoring of key performance indicators.
• Understanding and communicating analytical results to both technical and non-technical audiences, explaining key results and assumptions.
• Maintaining Financial Conduct Authority compliance at all times.
• General Duties
• Maintain excellent standards of professional conduct, in line with Company policy and procedure, compliance / FCA guidelines and Core Values.
• Comply with all company policies and procedures, including health and safety procedures.
• Undertake such internal and/or external training as deemed necessary by the Company.
• Any other duties that can reasonably be requested by management or nominated representatives.
• Maintain CPD (Continuing Professional Development) on an ongoing basis as applicable for role. This includes compliance with the IFOA’s outlined PPD & CPD structure, Actuaries’ Code etc., depending on level of actuarial advancement.

Why Join Us?
Our culture is set up for you to develop a progressive rewarding career. Along the way, you’ll also benefit from the more immediate rewards of a competitive salary and a comprehensive benefits package that includes:

• 20 days annual leave plus 11 statutory days, with additional annual leave accruing based on length of service.
• Financial assistance for professional self-study and professional membership subscription fees (upon successful completion of probation period).
• 35 hour working week (Monday-Friday 8.00am-4.00pm with a 1-hour lunch).
• Private Medical Insurance (currently with BUPA) is available for all employees after your first year of employment, you can also add family members to your policy at discounted rates.
• Company Pension Scheme, which staff are automatically enrolled into after 3 months at 5%, with the Company matching up to 5% of their contribution.
• Life Assurance Cover – 2 times annual salary.
• Generous insurance discounts.
• Eyecare scheme – providing allowance for eye tests and a generous contribution towards eyewear.
• Employee Assistance Program.

​​​​​​​We are an equal opportunites employer