Insurance Pricing Analyst

Pricing @ Open

At Open, we believe insurance is fundamentally an information and data business. In our ongoing journey to transform the industry, we are setting up a brand-new pricing capability that leverages data and machine learning to deliver outstanding outcomes for our customers, underwriters, and distribution partners.

Join us as our very first dedicated hire in this exciting new team, working closely alongside senior actuaries and data scientists across Open.

Why Join Open?

• Actuarial Impact: Directly apply your actuarial knowledge to build sophisticated pricing models and analytics solutions that influence business decisions. Work with our senior leaders to hone your craft and showcase out-sized impact
• Technology-Driven Environment: Collaborate with a passionate team specialising in Python, SQL, Snowflake, and advanced AWS tools.
• Career Development: Gain real-world actuarial and data analytics experience in an environment that encourages continuous learning and professional growth.

What you'll do

Are you a recent graduate with an actuarial background and strong skills in Python and SQL? We’re looking for a Insurance Pricing Analyst to join our team. In this role, you will help us drive pricing decisions through clear data analysis and practical insights.

Your responsibilities include:

• Analyse Pricing and claims Data: Use Python and SQL to build models and extract trends from pricing and claims data.
• Develop Pricing Models: Work closely with our insurance product and actuarial experts to develop and refine models that support our Insurance pricing strategies.
• Prepare Reports: Create clear, actionable reports and dashboards to inform decision-making.
• Collaborate: Work with cross-functional teams to ensure data is accurate and used effectively across the business.
• Action Continuous Improvement: Look for ways to optimise our processes and improve data quality.

Requirements

What you’ll bring

• A recent degree in Actuarial Science, Mathematics, Statistics, or a related field.
• Strong analytical skills and a practical approach to solving problems.
• Proficiency in Python and SQL, with a passion for data analysis and building detailed reports and charts.
• Basic understanding of pricing models and actuarial concepts with respect to general insurance.
• Good communication skills and the ability to explain data insights clearly.
• A keen eye for detail and a proactive attitude
  

We are a forward-thinking company dedicated to providing innovative pricing solutions in the pricing sector. Our team values clear communication, teamwork, and a hands-on approach to solving problems. Join us and help shape the future of our pricing strategies.

If you’re ready to kick-start your career in pricing and data analysis, we’d love to hear from you. Apply now to join our team as a Insurance Pricing Analyst.

Benefits

Why Open?

Open is on a mission to provide the best insurance experiences, at the best price, for the world. Insurance is one of the world’s least digitally mature industries - for years it’s remained confusing, paper-based and heavily intermediated. We launched in 2016 to build a global, AI-powered platform that digitises the entire insurance process, making it transparent, less costly and more reliable.

It's an exciting time to join Open and be part of a tech scale-up. We provide our team with:

• Highly competitive compensation, including share options - we believe in paying people what they're worth and having everyone in our company share in our success
• High levels of autonomy and trust so you can do your best work
• Growth opportunities internally - as you grow, your role can too
• A flexible, hybrid working model that includes three days in the office each week, combined with the option to work remotely. 
• Support for student candidates - We recognise that some team members may be studying while building their careers. For those in this situation, we offer flexible study arrangements with adjusted study days and tailored compensation packages to accommodate exam schedules without compromising professional growth.
• We encourage freedom and responsibility, including the ability to work from anywhere
• Annual allowance for professional development - use it towards a gym membership, professional coaching, a conference. Whatever matters most to you

We're proud to be an equal opportunity employer that celebrates diversity and are committed to providing an inclusive environment for all employees. Our culture is truly open, we're continuously challenging each other to live our values, and aren't afraid to raise questions when we fall short. Most importantly, Open is for those that want to create change and have an impact. If that sounds like you, apply for this role and let's build the future of insurance together.