Job Type:
Permanent

Position: Pricing Analyst

Reporting to: Pricing Manager

Role & Team:

This is a high impact role for a critical thinker who enjoys applying analytical skills, and innovative thinking to develop, implement, and maintain pricing processes, tools, and strategies in partnership with multiple teams within the organization.

You'll work as part of a team whose work will be wide-ranging, spanning multiple business functions and requiring a multi-disciplinary approach to problem solving and analysis. The position will report to the Pricing Manager, supporting the continued advancement and development of pricing methodologies, providing decisions support for strategic initiatives, implementing actuarial techniques and establishing and maintaining a rate adequacy monitoring process. The pricing team's day to day involvement throughout the organization helps influence and shape the performance of the business.

The primary functions of this role will be to develop rates and factors for new products, monitor product performance, track rate adequacy, and make rate recommendations. This is an ideal role for an individual who is passionate about the use of analytics to influence decisions and can conceptualize new ways of solving problems. The role will need to communicate technical concepts simply and effectively to key stakeholders and see them all the way through to implementation.

This is a fantastic opportunity to join Hiscox USA, a growing business where you will be able to make a real impact. You will become part of a team that is leading innovation within company to work to develop and deploy strong pricing capabilities and build out a unique best in class pricing framework.

Key Responsibilities:

• Maintain and streamline quarterly rate indication process that includes responsibilities for methodologies, assumptions, documentation, validation, data and communication of results.

• Understand, communicate, and apply standard actuarial techniques and methodologies that include loss development, trending, premium on-leveling, permissible loss ratio development, and generalized linear models.

• Communicate product concerns and recommendations to relevant teams within the organization through PowerPoint and data visualization tools (Tableau).

• Develop data processes that include understanding data structures, creating SQL queries, building validation processes, and addressing inconsistencies within the data.

• Organize and provide support for rate filings.

• Support the senior pricing team members in any required projects.

Person Specification:

• Strong drive for knowledge and development
• Bachelor's Degree or equivalent experience in a relevant field.
• 0-3 years of experience in pricing
• Progress toward actuarial accreditation from the CAS (1+ exams preferred)
• Coding skills in SQL, VBA, and/or R
• Excellent written and verbal communication skills
• Mental agility and adaptability to changing circumstances

What Hiscox USA Offers:

• Competitive salary and bonus (based on personal & company performance)
• 401(k) with competitive company matching
• Comprehensive health insurance, vision, dental and FSA plans (medical, limited purpose, and dependent care)
• Company paid group term life, short- term disability and long-term disability coverage
• 24 Paid time off days, 2 Hiscox Days, 10 paid holidays, and ability to purchase 5 PTO days
• Paid parental leave
• 4 week paid sabbatical after every 5 years of service
• Financial Adoption Assistance and Medical Travel Reimbursement Programs
• Annual reimbursement up to $600 for health club membership or fees associated with any fitness program
• Company paid subscription to Headspace to support employees' mental health and wellbeing
• Recipient of 2024 Cigna's Well-Being Award for having a best-in-class health and wellness program
• Dynamic, creative and values-driven culture
• Modern and open office spaces, complimentary drinks

Salary Range: $85-$125k

The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment

**Please note that this position is hybrid and requires two (2) days in our office weekly**

About Hiscox USA:

Hiscox USA underwrites small- to mid-market commercial risks through brokers, other insurers and distribution partners and directly to businesses. In 2026, gross written premiums for the segment will represent over $1bn. Circa 50% of the portfolio comprises small commercial business sold either online or through intermediaries, and the remaining 50% represents traditionally traded business intermediated through broking partners including Professions, Crisis Management and Specialist lines such as Media & Entertainment. Hiscox USA has built the digital business since 2010 through ongoing investment in the brand, technology and operational capabilities. The business has pursued an omni-channel approach since inception, and so are less constrained by the channel conflict which affects some competitors. Customers have a choice of buying policies online end-to-end, by connecting with a Hiscox agent over the telephone, or alternatively through a third-party broker or insurance carrier partner. The business follows an 'all roads lead to Hiscox' philosophy, ensuring it is available to do business with target customers whichever way they choose.

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