Leading UK private insurance provider, covering about 5% of private cars, 20% of commercial vehicles, and over 30% of motorcycles, with total premiums of around £1.2 billion. They serve household names such as Co-op, Sainsbury's, O2, Halifax, AA, Saga, and Lloyds Bank, and have a significant direct market presence.
As a Senior Pricing Analyst, your responsibilities include:
- Influencing project direction and outcomes across personal lines products
- Creating innovative data solutions and presenting insights
- Building and maintaining advanced pricing models using data science techniques
- Developing automated reporting structures to monitor pricing performance
- Collaborating with retail, technical pricing, and underwriting teams to improve products and pricing
Key Responsibilities:
- Develop advanced pricing models using traditional and data science techniques for Private Car, Commercial Vehicle, and Home accounts
- Advance data science adoption across pricing and underwriting
- Research and leverage new data sources, capturing trends with innovative features
- Communicate results to key decision-makers for action
- Review the performance of key accounts
- Facilitate task automation
- Monitor trends and review pricing proposals using specialist software
- Coach and mentor team members
Key Skills and Experience:
- General insurance pricing experience
- Proficiency in predictive modelling techniques: Logistic Regression, GBMs, Elastic Net GLMs, GAMs, Decision Trees, Random Forests, Neural Nets, Clustering
- Experience with programming languages: R, Python, PySpark, SAS, SQL
- Quantitative degree (Mathematics, Statistics, Engineering, Physics, Computer Science, Actuarial Science)
- Preferred experience with WTW's Radar software
- Strong communication skills