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As an international specialist insurer we are far removed from the world of mass market insurance products. We insure the unique and the interesting with our work being underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things. The London Market Pricing team’s role is to influence and shape our underwriting strategy in order to drive profitability. The team is commercially focussed and aims to have a positive influence on top and bottom line performance.
As part of our Pricing team, embedded within the Marine, Energy and Specialty division, you will be working with underwriters from across the division to help them make more informed decisions. This might include: modelling expected claims from a new windfarm construction; building tools to better understand risks to satellites in space; or figuring out how the geo-political landscape might impact our business in the coming years.
The role
We are looking for an ambitious, innovative individual who is eager to learn and thrives on ambiguity. We want an individual who can develop a high level of technical expertise, who can work around a problem and communicate effectively to a wide range of stakeholders. You will need to confidently make sound business decisions and be able to back these up with relevant facts and figures. You will need to find solutions to problems where there isn’t an established approach, think on your feet, influence other decision makers and collaborate across multiple teams. You should also be inquisitive, eager to learn and passionate about making a difference and adding value to the team.
What you'll be doing
What you’ll be doing as a Pricing Analyst in the M&E Team:
- Providing analytical support for underwriters and management through large risk pricing, model development and portfolio analysis.
- Finding insight in large data sets and exploring around the subject to glean competitive advantage
- Owning, updating and improving our different product pricing models
- Using new techniques to help us get the most from our data (and wider data sources)
- Providing high quality pricing analysis to help assess the expected profitability of new opportunities
- Clearly and concisely communicating complex issues to a wide variety of stakeholders
Our must-haves
- Educated to degree level with numerate emphasis
- Innovative, entrepreneurial and have great problem solving ability
- Excellent communicator to a wide range of audiences (both technical and non-technical)
- Speak and write fluent business English
- Be curious about the subject matter
- Prepared to study towards Actuarial qualifications. You’ll get a competitive study support and reward package, including paid study leave to support those sitting the Actuarial examinations. However you must be prepared to commit personal time to study for the exams over and above this support.
Our nice-to-haves
- Excel knowledge and a willingness to learn other analytical software
At Hiscox we care about our people. We hire the best people for the job and we’re committed to diversity and creating a truly inclusive culture, which we believe drives success.
Our hybrid working model is set by the team rather than the business to enable you to manage your own personal work-life balance.
We see it as the best of both worlds; structure and sociability on one hand, and independence and flexibility on the other.
