Graduate Insurance Pricing Analyst
Job Introduction
Insurance Pricing Analyst
£30,000 per annum
Folkestone Hybrid
Have you recently graduated with a mathematical or related degree? Why not launch your career in Insurance Pricing here at Saga, the most trusted brand for over 50’s Insurance!
As a Pricing Analyst, you’ll help to deliver competitive pricing strategies that support business growth and provide good outcomes for Saga customers.
With a detailed onboarding plan, we will introduce you to the world of pricing and personal lines insurance, setting you up for a successful career.
You will work closely with your pricing colleagues to prepare and analyse data using appropriate statistical techniques, develop and monitor pricing models, and make judgements and recommendations for price changes.
This fantastic role is complex and challenging and can make a big difference to the company's future profitability. You can expect to make real contributions to a variety of projects from the outset.
We work in a hybrid way at Saga, both at home and in the office. This role requires you to be working from our Folkestone office at least twice a week, allowing us to collaborate and share success as a business.
Role Responsibility
As our newest Pricing Analyst, you will proactively use data to identify trends, risks, and areas of opportunity across our Insurance portfolio.
Other accountabilities will include:
• Developing and improving pricing models and analytical tools.
• Monitoring business performance and wider market activity.
• Making pricing recommendations that strike the right balance between customer value and business performance.
• Building and implementing price changes, ensuring a high degree of accuracy.
• Collaborating with the pricing team and provide support to the wider business.
• Contributing to continuous improvement and innovation.
The Ideal Candidate
We are delighted to be able to offer study support for the successful applicant, therefore a strong mathematical education is essential.
- 1st or 2:1 in a mathematical or equivalent degree (including Actuarial Science & Statistics)
- Microsoft Office skills. SQL, Python, or similar coding experience
- Driven, curious mindset and natural problem-solving ability
- Excellent written and verbal communication skills
- Strong attention to detail
- Well organised and excited to learn
Saga Values: Make it Happen, Do the Right Thing, Customer First, Excellence Every Day, Our People Make Us Special
Package Description
At Saga we recognise that our people make us special. We believe our colleagues deserve rewards for the excellence they demonstrate every single day, that's why we have put together an amazing benefits package for all colleagues.
BENEFITS AVAILABLE FOR THIS ROLE:
- 25 days holiday + bank holidays
- Option to purchase additional leave - 5 extra days
- Pension scheme matched up to 10%
- Company performance related annual bonus - Up to 5%
- Life assurance policy on joining us, 4 x salary
- Wellbeing programme
- Colleague discounts including family discounts on cruises, holidays and insurance
- Range of reductions and offers from leading retailers, travel groups and entertainment companies
- Enhanced maternity and paternity leave
- Grandparents leave
- Income protection
- Access to Saga Academy, our bespoke learning platform
About the Company
Over the past 75 years we have become the UK's specialist provider of products and services to people aged over 50 in the UK. We’re the most trusted brand amongst UK consumers in this demographic, recognised for high-quality products and exceptional standards of service. Our product portfolio includes cruises, holidays, insurance, personal finance products and our Saga Magazine.
Our focus on delivering exceptional products and service empowers our colleagues to create moments that are personal and special for our customers and for each other and our values underpin our approach and help guide us to deliver our purpose.
We’re committed to making sure that colleagues can be their best, be themselves and make a difference – more than anywhere else. We have done this by creating a truly inclusive culture, where all colleagues can bring their full and authentic selves to work and be treated with dignity and respect in an environment that is free from discrimination and harassment.
Thanks to our people, Saga was awarded with a Gold for Best Customer Centric Culture in 2025. This is testament to the great culture we’ve built together. This award belongs to all our colleagues who collectively make Saga a fantastic place to work.
We are champions of age inclusivity and signatories of the Age-Friendly Employer Pledge, we are proud of our multigenerational teams we have in place. We’re also a committed Disability Confident employer and ensure that our recruitment process is inclusive and accessible. Your application will have fair consideration, and you’ll receive personal communication throughout your applicant journey when you apply to join Saga.
Saga does not accept agency CVs unless specifically engaged on the role by the Talent Acquisition Team. Please do not forward CVs to our recruiters, employees or any other company location. Saga will not be responsible for any fees related to CVs received in this unsolicited manner.
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