Overview
We are Centrica! We’re so much more than an energy company. We’re a family of brands revolutionising a cleaner, greener future. Working here is #MoreThanACareer – we’re powered by purpose. Together we can make an impact that will truly change tomorrow. Whether you’re developing cutting-edge green tech, helping customers on the front line or simplifying operations behind the scenes.
Your work here isn’t just a job – it’s a mission. We all play a vital role in energising a greener, fairer future.
Pricing Analyst – 12 mth Secondment / 12 mth fixed term contract
Windsor or Leicester with FlexFirst hybrid working
Overview
Working in our British Gas Services & Solutions team (our field force business) the role evaluates customer, sector, product and market pricing requirements. It assesses risk and calculates appropriate prices and structures using actuarial and risk techniques and provides reporting and documentation of pricing structures. Further it, drives pricing coherence and pricing compliance across portfolio & analyzes the financial impact of actions such as early terminations and cross-selling.
Resolving cross-portfolio pricing issues to secure approval for related price change proposals is part of the role and monitoring the ongoing competitiveness and profitability of product prices. You will gather, clean and validate required qualitative and quantitative data for analytical and/or modelling purposes, and analyze information to identify variances, trends, anomalies, etc. and explains, highlights and refers relevant issues to others. You will develop and refine product development tools based on pricing framework and methodology across the organization. To do this you will work with other functions to improve management of information tools (forecasting models, database facilities to track quote requests, information tools enabling upfront pricing information to sales team).
This role is offered on a 12 mth secondment internally or a FTC externally.
About the role:
Some of your accountabilities for this role will include:
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Create accurate & insightful pricing analysis and recommendations, making full use of internal & external data.
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Conduct competitor price reviews, working closely with your Customer colleagues.
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Review end-to-end customer journeys, identifying value opportunities, and forming new & innovative recommendations on price optimisation, for new & existing customers across Home Insurance products
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Develop and analyse complex models, customer life-time valuation, price elasticity test design, and customer behaviour.
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Help with the implementation of price changes, and monitor the impacts of those changes on key business metrics.
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Contribute to the preparation of pricing governance materials, business case assumptions and financial models, liaising with other areas of the business as necessary.
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Ensure that all pricing activity is aligned to regulatory requirements and has customer fairness at its core.
Here’s what we’re looking for
Essential
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A genuine interest in insurance pricing and analytical techniques.
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Highly numerate, with the potential to develop a strong technical skill-set.
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Good team player, able to work accurately and reliably to tight deadlines.
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Energy, enthusiasm, creativity, and resilience, with good interpersonal skills.
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Ability to communicate pricing insights and recommendations in clear and simple terms.
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Experience in a personal lines retail pricing role or equivalent
Desirable
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Strong academic record in a quantitative discipline, E.g. Maths, Statistics, Engineering, etc.
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Highly numerate individual, comfortable with analytical techniques and methods.
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SQL Coding skills
