Principal Pricing Analyst

We have an exciting opportunity to join us here at Covéa Insurance as a Principal Pricing Analyst, within our Commercial Pricing Team!

At Covéa Insurance, we’re all about protecting what matters most - whether it’s your home, your car, or your business. With our award-winning customer service and a wide range of insurance products, we’re here to make a real difference.

In this role, you’ll be working in a team where you will be supporting the pricing of SME products, using statistical and machine learning techniques to analyse complex data sets, build predictive models, and uncover patterns to deliver sophisticated pricing structures, address business challenges and discover valuable insights

This role is fully remote, giving you the flexibility to work from the comfort of your home. If you prefer the buzz of the office? You're welcome to work from our Halifax or Reading offices whenever you like!

At Covéa, balance matters. We know life is busy, so we’re open to flexible hours, different working patterns, and arrangements that fit your circumstances. Many of our colleagues already work flexibly and we’re always happy to explore what works best for you.

This is more than just a job - it’s a chance to grow, develop, be part of something great and take on more responsibility.

What does a day-to-day look like?:

• Maintaining and developing sophisticated pricing models
• Analyse, evaluate, and assess new rating factors and develop pricing structures that utilise them
• Acquire and maintain an in-depth knowledge of the pricing and analysis tools used across the team, including WTW Radar, WTW Emblem, Databricks, SAS Enterprise Guide, SQL, and Python
• Support leaders within pricing and the wider business to deliver business objectives, including driving improvements to risk selection, loss ratio and growth.
• Taking responsibility for managing certain processes and liaising with relevant stakeholders both within and external to the organisation.
• Managing and developing analysts, demonstrating and role modelling the company values and promoting a culture of continuous improvement and agility.

What you can bring to the team:

• Excellent numerical and analytical skills, a good problem solver and high attention to detail & accuracy
• Experience of predictive modelling and machine learning techniques applicable to insurance pricing
• Exceptional critical thinking skills and intellectually curious
• Good communication and interpersonal skills
• Ability to lead, manage and develop others in your team
• Adaptable to changing needs of the business in a competitive market
• Experience analysing data using Actuarial or analytical techniques (Desirable)

Not sure if you tick every box? That’s okay!
At Covéa, we understand that not every candidate will meet every requirement listed. If this opportunity excites you and you feel you could be a great fit, we warmly encourage you to apply. We are committed to building a diverse and inclusive team where everyone has the chance to thrive.

Why join us?

• Flexible working – 36.25 hours a week with flexitime & hybrid options
• Annual pay review – Plus performance bonuses (up to 30% depending on level)
• Generous holidays – 25–27 days + bank holidays, with buy/sell options
• Pension perks – 7.5% employer contribution, rising to 9% with your input
• A culture where everyone belongs – We're committed to diversity, equity and inclusion, with real action, employee-led community groups, and ongoing learning to make Covéa a place where everyone can thrive
• Mental & financial support – Through our dedicated Wellbeing group
• Career growth – Training, qualifications and apprenticeships to help you thrive
• Health & wellbeing – Private medical cover, 24/7 Virtual GP, health checks, flu jabs & more
• Drive in style – Tusker Car Scheme with fully maintained insured vehicles
• Extra savings – Gym discounts, Cycle to Work, and retail offers via Perkpal
• And much more!

Excited about this opportunity? So are we!
Apply today and be part of our journey.

As a Disability Confident Employer, we’re committed to fair and accessible recruitment. If you need any adjustments, support or alternative application options during the Recruitment process, then please reach out to our Recruitment Team at recruitment@coveainsurance.co.uk.

Applicants must currently reside in the United Kingdom and possess full and unrestricted right to work in the UK. Unfortunately, we are unable to offer Visa sponsorship for this role.

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