Pricing Analyst

Job Summary:

The Pricing Analyst supports actuarial pricing activities by analyzing data, developing rate indications, and evaluating pricing strategies to ensure products are competitive, profitable, and compliant with regulatory requirements across various insurance products. This role partners closely with actuarial, underwriting, finance, claims, and product teams to support sound pricing decisions across vehicle service contracts.

Supervisory Responsibilities:

• None.

Duties & Responsibilities:

• Performs pricing analyses using actuarial and statistical techniques to support new and existing product pricing.
• Develops, maintains, and enhances pricing models, rating algorithms, and analytical tools.
• Validates data quality and collaborate with data teams to resolve inconsistencies.
• Analyzes loss experience, trends, profitability, and rate adequacy across lines of business.
• Prepares rate indications, impact analyses, and supporting documentation for rate revisions.
• Monitors market conditions, competitor pricing, and emerging risks to inform pricing strategies.
• Communicates analytical findings clearly to actuarial leadership and business partners.
• Supports ad hoc analyses related to product design, underwriting changes, and portfolio management.
• Collaborates with the sales team on customer programs, initiatives, and pricing raters.
• Performs other duties as assigned.

Required Skills & Abilities:

• Strong analytical and problem-solving skills with attention to detail.
• Proficiency in Excel; experience with specific software (e.g., SQL, R, Python) preferred. SQL most preferred.
• Ability to interpret complex data and translate results into actionable insights.
• Strong written and verbal communication skills.
• Understanding of underwriting, reserving, product management concepts, and basic insurance products preferred.
• Demonstrated ability to manage multiple priorities and meet deadlines.

Education & Experience:

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or a related field required.
• At least 1 year of relevant experience in actuarial pricing, analytics, or insurance-related analysis required.
• Progress toward obtaining actuarial credentials preferred, and supported if associate is pursuing.
• Experience working in a property & casualty or life & health insurance pricing environment preferred.
• Experience with data visualization tools (e.g., Power BI, Tableau) preferred.

Physical Requirements:

• Prolonged periods sitting at a desk and working on a computer.
• Ability to communicate effectively in a professional office environment.

This job description may not be inclusive of all assigned duties, responsibilities, or aspects of the job described, and may be amended at any time at the sole discretion of JM Family. All work arrangements are subject to associate performance, business need and manager discretion, and may be revised as necessary.

An Equal Opportunity Employer

National Truck Protection Co., Inc. is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law.