Job Summary: As a Pricing Analyst, you will play a crucial role in developing and implementing pricing strategies that optimize profitability while ensuring competitive positioning in the market. You will utilize your strong analytical skills, advanced Excel proficiency, and SQL expertise to analyze data, identify trends, and provide actionable insights to support strategic decision-making.
Key Responsibilities:
- Develop and maintain pricing models to support the evaluation and implementation of pricing strategies.
- Analyze large datasets using Excel and SQL to identify trends, patterns, and opportunities for pricing optimization.
- Conduct competitive analysis and market research to ensure our pricing strategies are aligned with industry standards and market conditions.
- Collaborate with cross-functional teams, including underwriting, marketing, and finance, to gather necessary data and insights for pricing decisions.
- Monitor and evaluate the performance of pricing initiatives, providing regular reports and recommendations for adjustments.
- Prepare detailed pricing reports, presentations, and documentation for senior management and stakeholders.
- Stay informed about industry trends, regulatory changes, and emerging technologies that may impact pricing strategies.
Qualifications:
- Bachelor's degree in Actuarial Science, Finance, Economics, Business, Mathematics, or a related field.
- 3-5 years of experience in pricing analysis, preferably within the insurance industry.
- Strong proficiency in Microsoft Excel, including advanced functions, pivot tables, and macros.
- Experience with SQL for data extraction, manipulation, and analysis.
- Excellent analytical and problem-solving skills, with a keen attention to detail.
- Strong communication and interpersonal skills, with the ability to present complex data and insights to non-technical stakeholders.
- Ability to work independently and collaboratively in a fast-paced, dynamic environment.
- Familiarity with pet insurance or a passion for pets is a plus.
