GoAuto Insurance · 4 hours ago
Pricing Analyst
United States
Full-time
Remote
Mid, Senior Level
3+ years expGoAuto Insurance is a family-focused auto insurance provider committed to making coverage accessible and affordable. The Pricing Analyst will be responsible for developing pricing models, analyzing market trends, and ensuring regulatory compliance to maintain competitive pricing strategies.
Insurance
Responsibilities
Develop pricing models. Analysts build and update complex statistical models that are used to set insurance rates. This involves analyzing historical claims data, customer demographics, and market conditions
Analyze market trends. They monitor shifts in the insurance marketplace, including competitor pricing, consumer behavior, and emerging industry trends, to ensure their company's prices remain competitive
Conduct statistical analysis. A key function is to perform statistical studies on various cost components. This includes analyzing factors like loss development (how claims costs change over time) and expenses to use in pricing studies
Produce reports and presentations. Analysts create detailed reports and presentations for management, explaining their findings and justifying their pricing recommendations
Ensure regulatory compliance. A portion of the role involves preparing rate filings and other documentation for state insurance departments to ensure all pricing changes comply with local regulations
Collaborate with other departments. Pricing analysts work closely with product development, underwriting, and marketing teams to align pricing strategies with broader business objectives and market campaigns
Evaluate profitability. They continuously review and monitor the performance of existing pricing strategies to make adjustments as needed and ensure the company remains profitable
Qualification
Required
Minimum 3 years of experience with Florida PPA pricing and/or product management
Bachelor's degree in mathematics, statistics, economics, actuarial science or related field of study
Candidate must be proficient with Microsoft Excel, and show competency with SQL
Quantitative skills: A background in mathematics, statistics, data analytics, or actuarial science is critical
Software proficiency: A high level of skill is required in data analysis software such as Excel, SQL, R, Python
Communication skills: Analysts must be able to present complex data and methodologies clearly to non-technical stakeholders and management
Problem-solving: The job requires intellectual curiosity and strong analytical, problem-solving, and decision-making abilities
Industry knowledge: A solid understanding of insurance products and market dynamics is essential
Preferred
Non-standard experience preferred
Benefits
401(k) with dollar-for-dollar match up to 4%
Medical, dental & vision insurance (including free preventive care)
Company-paid life insurance, short-term & long-term disability
Wellness & mental health programs
Flexible Spending Accounts (health & dependent care)
Generous paid time off
Paid Holidays (7.5 days)
Company
GoAuto Insurance
At GoAuto Insurance, we redefine what it means to protect what matters most.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Kerry Berry
Chief Claims Officer
Company data provided by crunchbase