Pricing Analyst

Job Type:

Permanent

Build a brilliant future with Hiscox
 

About the team/division:

Our team of twenty underwriters and six pricing analysts focus on Property lines written within the London Market. Seventy five percent of business is written through delegated authority binders and line slips, with the remainder consisting of direct and facultative, shared and layered open market placements.

We are looking for an analyst to join our pricing team to work on our direct and facultative Major Property business. Our clients are major businesses with significant physical assets across the globe, but primarily in the US.  The role will involve a mix of risk pricing, natural catastrophe modelling, tool development, portfolio analytics and general research.

Expectations are high, but the team enjoys a well-established, lead market position; we have an excellent track record of outperforming our peers.  Our challenge is to drive the business forward in a fast-evolving marketplace.

The role

We are looking for an ambitious, innovative individual who is eager to learn. We want an individual who can develop a high level of technical expertise 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 as a Pricing Analyst in the Property team:

• Running natural catastrophe models to inform our underwriting view on individual risks
• Providing analytical support for the property underwriters and management through risk pricing, natural catastrophe modelling, model development and portfolio analysis
• Finding insight in large data sets and engaging in research to gain competitive advantage
• Using new techniques to help us get the most from our data (and wider data sources)
• Provide high quality pricing analysis to help assess the expected profitability of new opportunities
• Clear and concise communication of complex issues to a wide variety of stakeholders

Our must-haves:

• Willingness to learn about cat modelling
• Educated to degree level in a numerical subject, 2:1 or above
• Innovative, entrepreneurial and have great problem solving ability
• Strong communicator to a wide range of audiences (both technical and non-technical)
• Speak and write fluent business English
• Be curious about the subject matter

Our nice-to-haves:

• Excel knowledge and a willingness to learn other analytical software (SQL/R/Python)

Diversity & Hybrid Working

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.

We have also learned that working life doesn’t always have to be in the office, so we have introduced hybrid working to encourage a healthy work life balance.

This 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.
 

Apply now for further information

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