Job Description
We’re First Central Insurance & Technology Group (First Central for short), an innovative, market-leading insurance company. We protect the things customers love so they can get on with what matters to them in life.
Data drives us. It fuels our outstanding distribution, finance, technology and legal services. Our underwriting skills are built on data expertise; it creates the insights we need to give the right cover to the right customers at the right price. But, it’s the people inside and outside our business that power us. They make us stand out, help us succeed. We’re ambitious. We’re growing. We’ve won awards.
Are you passionate about data and numbers? We’re looking for someone with strong data analysis skills, experience in mathematical modeling and a knack for programming. If you have a minimum 2:1 degree in a numerical subject and want to join a dynamic team who drive innovation through data, we want to hear from you!
We’re looking for a Pricing Innovation Analyst to join our Underwriting team in either our Haywards Heath, West Sussex or Salford Quays, Manchester offices.
In this role you’ll be responsible for the continuous improvement of the burn cost models through the identification of new predictive factors. You’ll look to increase the granularity of the models, investigate novel predictive modelling techniques and develop cutting-edge reporting suites.
Core skills we’re looking for to succeed in the role:
- Strong data analysis ability
- Mathematical modelling experience
- Minimum 2:1 degree in a numerical subject
- Experience programming in SAS and/or Python
- Experience in the Insurance industry
What’s involved
- Support the appropriate use of statistical techniques & models to improve the accuracy and stability of burn cost models.
- Support the development of analytical tools and reporting suites to enable the efficient testing of new factors and modelling techniques.
- Continually support the development of the rate change process to ensure we minimise rating errors and efficiently make changes as required by the business.
- Ability to produce timely and accurate information for management decision-making purposes.
- Liaise with all departments on issues of reporting requirements, data analysis, business process and operational issues.
- Achieve an innovative approach to analysis which drives the business forward by introducing new rating factors and finding new patterns and key variables.
- Ensure compliance with company and other relevant standards/regulations at all times (including TCF).
- Take responsibility for analytical sections of the team’s major projects.
- Assist with rate changes and have a full understanding of the rate change process.
- Any other reasonable duties as required.
Experience & knowledge
- Minimum 2:1 in a numerical undergraduate discipline.
- Minimum of 2 years experience of a relevant commercial and pricing role within the personal lines motor insurance industry.
- Solid experience of SAS/Python/R and ideally EMBLEM.
- Ideally some modelling experience (EMBLEM, Python, GBM builds in Radar).
- Experience of Radar Base and Radar Live preferable.
- Underlying Skills of:
- Excellent data and statistical analysis skills.
- Good numerical skills.
- Good communication skills, both verbal and written.
- Ability to present complex concepts at a level appropriate for the audience.
- Strong analytical and problem-solving skills, with the ability to adopt a logical approach to solving problems.
- Good time management and organisation skills.
Behaviours
- Logical thinker with solid reasoning ability.
- Commercially focused.
- Emphasis on attention to detail and accuracy.
- Quick learner.
- Able to transfer skills and knowledge to others.
- Self-motivated and enthusiastic.
- An organised and pro-active approach.
- Aligned to the values of Ambition; Agility; Ownership; Collaboration.
Are you the person we’re looking for? If so, we look forward to hearing from you. Apply today!
People first. Always. We’re passionate about our colleagues and know the best people deserve an extraordinary working environment. We owe it to them so that’s what we offer. Our workplaces are energetic, inspirational, supportive.
Intrigued? Our Talent team can tell you everything you need to know about what we want and what we’re offering, so feel free to get in touch.
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