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Senior Pricing Analyst

Please Note: The application deadline for this job has now passed.

Job Introduction

Are you a pragmatic pricing whiz looking for an exciting opportunity to drive sustainable growth through sharp pricing analysis? Look no further! We are looking for a Senior Pricing Analyst (International) to join the Product and Pricing team and focus on delivering operational excellence, financial sustainability, and outstanding member experiences.

You will be an instrumental player driving best-in-class pricing decisions for an international portfolio, you'll work to identify pockets of over and under-performance, driving appropriate pricing analyses which will steer the development and delivery of the divisional strategy.

As the go-to technical and retail pricing specialist for the International portfolio, you will be responsible for setting subscriptions for international members.

This is a great opportunity to join a dynamic team and make a real impact on pricing decisions as we are looking for someone who has experience implementing new, innovative ways of pricing that will help shape the future in multiple regions, from Australia and Asia to South Africa and the Caribbean.

Apply for this role today and unlock the full potential of your pricing analysis skills!

Role Responsibility

  • Design, develop, and implement market leading pricing models/algorithms and strategies.
  • Leading and signing off regular analysis to set subscriptions appropriately & accurately across assigned MPS segments business.
  • Lead regular, detailed portfolio monitoring to identify pockets of over and under performance from which to drive appropriate pricing strategies.
  • Lead and sign off the creation, cleanse, validate, and reconcile membership and claims datasets for model development, subscriptions setting and MI suite.
  • Provide peer review - supporting, coaching, mentoring, and sharing of skills and expertise with pricing analysts and other stakeholders.
  • Work with the Data Scientist on the maintenance and deployment (into pricing model) of Data Science (Machine Learning) rating models that predict claims frequency & cost, conversion, cancellation, retention, and lifetime value.
  • Present analytical findings to relevant committee(s).

The Ideal Candidate

The ideal candidate for the Senior Pricing Analyst (International) role will bring a broad range of skills and experiences to the table. You'll have keen analytical and problem-solving skills, allowing you to quickly identify patterns and areas of over and under-performance within complex portfolios. You'll also have a pragmatic business sense, including some knowledge of finance, accounting, and economics, which will enable you to make well-informed pricing decisions that align with broader business strategies.

In addition to your quantitative skills, you'll have solid presentation skills, allowing you to communicate complex pricing strategies to a variety of stakeholders. You'll be a pro at internal stakeholder management and relationship building, possessing the skills and finesse needed to make sure everyone is heard and understood.

To excel (pun intended) in this role, you'll need to be proficient in Microsoft Excel, able to manipulate numbers and data with ease. A strong mathematical or numerical background is essential, giving you the tools you need to succeed in this role.

In this senior position, you will be the go-to for junior members of the team, so we are looking for someone who possesses great leadership qualities who will support, mentor and guide their colleagues on their journey to unlocking their full potential.

We welcome applicants from all backgrounds, and we encourage you to apply even if you feel you do not match 100% of the technical requirements. We celebrate diversity, promote inclusivity and strive to create a work environment which ensures everyone can be heard.

Package Description

  • Up to 15% discretionary annual bonus
  • 11% pension contribution (3% from you, 8% from us – optional additional matched 3% contributions, e.g. 6% from you, 11% from us)
  • 25 days annual leave plus flexible bank holidays (option to buy/sell 5 days)
  • Private Medical Cover
  • Healthcare cash plan
  • 6x salary death in service
  • A personal GP service enabling you to get a video consultation with an NHS-registered, private GP
  • Employee Assistance Programme
  • A range of shopping discounts from major high-street retailers

About the Company

The Medical Protection Society Ltd (MPS) is the worlds leading protection organisation for Doctors, Dentists and healthcare professionals. We protect and support the professional interests of almost 300,000 members around the world.

We are a not-for-profit organisation, meaning our members subscriptions are either invested into bettering the organisation, our employees and our products, or kept safe should our members require support for complaints or claims arising from professional practice.

Our philosophy is to support safe practice in medicine and dentistry by helping to avert problems in the first place. We also actively campaign for regulatory and legal reforms that benefit members and the wider healthcare professions.

To do this, we need colleagues who are trusted and supported to deliver their best work, whether that be through leadership development, fully-funded training courses or peer-to-peer support. We want colleagues to feel empowered to deliver positive change, display ambition to push themselves and be determined when faced with a challenge, whilst ensuring our members best interests are at the core.

Medical Protection Society

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