Ivernia Insurance is a growing personal lines Managing General Agent with a strong underwriting and pricing heritage.
The business operates across Private Car, Home Insurance and a developing Light Commercial Motor portfolio, working in close partnership with insurer capacity providers.
The organisation is entering its next phase of growth, with a focus on scaling profitably, deepening insurer relationships and continuing to deliver strong customer outcomes.
The Opportunity
The Pricing Analyst supports the delivery of Ivernia's pricing strategy across Private Car, Home Insurance and Commercial Motor portfolios.
The role focuses on pricing analysis, rate implementation, testing, performance monitoring and analytical support, working closely with pricing leadership, data teams and external vendors.
Ivernia is recruiting two Pricing Analysts at slightly different experience levels.
The roles are suitable for candidates with circa 2+ and 5+ years of relevant insurance pricing experience.
Candidates may be pricing actuaries or non actuaries, with responsibility and ownership scaling based on experience rather than qualification.
These roles contribute to the continued development of pricing capability, analytical insight and deployment discipline, supporting both risk based and market informed pricing decisions over time.
Key Responsibilities
Rate Implementation and Testing
Implement and test rate changes across Private Car, Home Insurance and Commercial Motor portfolios
Validate rating logic and outputs prior to deployment
Support controlled and well documented rollout of pricing changes
More experienced analysts will take greater ownership of end-to-end testing and deployment activity
Pricing and performance monitoring
Monitor pricing experience, performance and emerging portfolio trends
Identify anomalies, inconsistencies or risks within pricing outputs
Produce regular monitoring and performance analysis
Contribute to interpretation of portfolio performance and emerging pricing risks
Modelling and analytical support
Assist in the development and refinement of pricing models and analytical frameworks
Support analysis underpinning pricing strategies and portfolio actions
Work with senior pricing colleagues on model enhancement and review
More experienced analysts may lead specific analytical workstreams
Data and governance
Work closely with data teams to ensure accurate and timely inputs into pricing
Maintain pricing documentation, change records and audit trails
Support adherence to internal pricing controls and governance requirements
Work closely with Underwriting, Claims, Operations and Distribution teams
Support engagement with external vendors and pricing tools, including WTW Radar
Contribute to pricing related projects and roadmap initiatives
Skills and Experience
Relevant experience in an insurance pricing or pricing analytics role, either as a pricing actuary or a non actuarial pricing analyst
Circa 2+ years relevant experience for one role and circa 5+ years for the second role
Strong analytical capability with attention to detail
Experience working with structured datasets
Ability to clearly communicate analytical findings to non technical stakeholders
Advantageous
Experience in personal lines insurance, particularly Private Car, Home Insurance or Commercial Motor
Familiarity with rate change implementation and post deployment monitoring
Experience using pricing and rating tools, including WTW Emblem, Radar and Radar Live
Experience using R, SQL, Python or similar analytical tools
Progress toward or completion of actuarial exams is welcome but not required
Profile and attributes
Analytical and methodical approach to problem solving
Comfortable operating in a growing and evolving pricing function
Strong sense of ownership and accountability
Collaborative and effective when working with non-pricing stakeholders
Motivated to develop broader pricing capability over time
Real ownership and influence:
Clear accountability from analysis through to implementation and monitoring, with exposure across multiple products and portfolios and pricing insight directly shaping portfolio performance, commercial decisions and insurer relationships
Career progression:
Clear opportunity to build and progress within a growing pricing function, with scope expanding based on experience, capability and contribution rather than tenure
Strengthening pricing and analytical capability:
Clear momentum behind building a stronger pricing foundation, with active focus on improving analytical depth, pricing discipline, tooling and decision support as the business scales
Collaborative way of working:
Close, practical collaboration across Pricing, Underwriting, Claims, Operations and Distribution, supported by open communication and shared accountability for outcomes
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