Underwriting Pricing Analyst

Jensten Underwriting, a dynamic and rapidly growing Managing General Agent (MGA), is seeking a motivated Pricing Analyst.

This role is ideal for someone who has worked in an underwriting setting and is looking to build on their experience. You’ll analyse product performance, maintain pricing models, and provide actionable insights that support profitable growth. You will also collaborate closely with our Actuarial Consultants, who will offer training and support to help you forecast Ultimate Loss Ratios and enhance your skills in actuarial analysis.

Working with insurer partners and using cutting-edge actuarial software will be central to your success.

This position offers flexibility with remote working, though occasional travel to our London or Huntingdon offices will be required. If you’re eager to take the next step in your career in a collaborative and innovative environment, we’d love to hear from you!

Some key objectives & responsibilities will include:

Analyse the performance of all Jensten Underwriting products and produce commentary/recommendations that drive continued profitable growth.

Present findings to internal and external stakeholders, including Insurance Partners, Brokers, and Trading Teams.

Build and maintain pricing models that are accurate and competitive.

Provide valuable analytical insight for key business decisions.

Push continuous improvement in reporting and data quality throughout the Business.

Extract and transform premiums and claims data to build & maintain Loss Ratio triangles, business mix and conversion models across a range of products.

Produce regular performance reports tracking key metrics against plan and commentary/recommendations to internal and external stakeholders including our Insurer Carriers.

Assist with Product Deep Dive reviews of rating structures and distribution to maintain our market leading products.

Provide Impact / Scenario analysis to give valuable insight for key business decisions.

Work closely with our Actuarial Consultants to forecast Ultimate Loss Ratios.

Build strong relationships with Pricing Teams in our Insurer Partners.

About you

As our Pricing Analyst, you will be an analytical and driven individual with a solid foundation in underwriting and a keen interest in developing your career further. With a good understanding of general insurance products, you recognise the importance of accurate pricing models and are comfortable working with data, particularly in Excel, to drive business insights.

You’ll also be or have:

Worked with data within an Underwriting setting

Strong analytical capability; experience of insurance pricing models and monitoring systems would be advantageous

Self-starter with a collaborative and innovative approach to working

Strong organisational skills to prioritise and meet tight deadlines

Good communication skills to converse and present data to Jensten business channels, Insurers and Brokers

Excellent data management skills, particularly using Excel

The ability to write SQL queries to extract data

CII qualification an advantage

Rewards & Benefits

When you join us, you can expect a supportive culture and an attractive range of rewards and benefits which include:

• Competitive salary with an annual pay review and bonus scheme.
• 27 days annual leave (includes a day off for your birthday and another for a religious holiday of your choice) + bank holidays
• Auto enrolment into our excellent pension scheme
• Flex-benefits- A range of flexible benefits to choose from, that are most important to you
• Group Life Assurance cover
• 3 months Maternity, Paternity & Adoption leave all fully paid
• Professional qualification study support relevant to your role and career
• Perks at work- amazing discounts on cinema tickets, meals out, luxury items etc.
• Holiday purchase scheme- up to 5 days annually

About Us:

Jensten Underwriting is part of the Jensten group, which was launched in 2018 and is now one of the UK's largest independent broking groups. Growing organically and through strategic acquisition we now place over £600m Gross Written Premium (GWP) into the market via our retail insurance broking, Lloyd's and London Market broking, and specialist underwriting arms.

We fill the void in the market between a consolidator and a provincial broker. We have the scale, ambition and expertise to stand out, but the people, culture and entrepreneurial DNA to maintain our client focus. This is why we are not just one of the leading independent insurance groups, we are one of the most exciting too.

And that is why you should join us!