Description
We’re Policy Expert, a home and motor insurance provider and we’re on a mission to shake up the personal insurance industry.
We launched Policy Expert in 2011 because we wanted to put people first. From the very beginning our philosophy has been simple – put people at the heart of everything we do.
Within two years we were rated the UK’s no.1 Home Insurance provider on Reviewcentre.com, an accolade we have been proud of and held ever since. We have also been awarded a range of customer and industry awards that we’re incredibly proud of and have just made the milestone of just over one million customers trusting us to insure their homes with us.
We know our success comes from our talented workforce and as a business we pride ourselves on going that extra mile for our people. We have a growing team of over 100 tech experts across our London office, helping customers find the best deals for their Home and Car insurance.
We have big aspirations. We aim to build longer and deeper relationships with our customers and to help them see insurance as being a help, not a hindrance.
The pricing team
We are the engine behind the business working side by side with reserving, underwriting & counterfraud. But we also collaborate with data engineering, machine learning, marketing and wider tech teams to underpin the company's growth and footprint.
We’ve got a huge amount of backing from our leadership team, allowing us to make decisions quickly and react to an ever-changing market. This autonomy gives us the edge over competition and allows us to stay nimble as we scale.
As I’m sure that you are aware, data is key, that’s why we ingest huge amounts of it from various third parties. This gives us a crystal-clear picture of our customers, leading to a best-in-class loss ratio keeping us one step ahead of the market.
The Role
This role will lead our Retail Pricing for Home. You’ll lead day-to-day analysis, modelling, and development of pricing recommendations alongside BAU analytics. You’ll own and deliver projects that continually improve the predictive power and segmentation of statistical models of claims and demand
Key Role Outputs
- Create, validate, reconcile, and transform datasets for analysis and modelling.
- Achieve budget objectives
- Undertake analysis and modelling by writing and manipulating code.
- Support in the creation, maintenance and deployment of rating models that predict claims cost, conversion, or retention.
- Contribute to the specification, development, and testing cycles for deployment of rates.
- Consider the impact on customers of pricing actions and act to avoid any unfair treatment.
- Assist in producing and developing appropriate monitoring for the Pricing team and other stakeholders.
- Provide technical Underwriting and Pricing support to assist the business in achieving its plans.
- Build strong relationships with managers, peers, and stakeholders.
Qualifications/Experience
- 5+ years pricing experience in an insurer environment (preference in uk motor/home).
- 2:1 degree in numerical discipline e.g. Maths, Physics, Econometrics.
- Trained in WTW RADAR software.
- Experience with data manipulation skills using SQL/Python/R/WPS or similar.
- Experience of rating update processes, performance and impact monitoring.
- Experience of retail price optimisation
Benefits
- Private medical cover with Vitality
- Dental Insurance
- Hybrid working
- Training and education through LinkedIn learning and Plurasigh
- Travel season ticket loan
- Social events through the year
- Access to selected London O2 events and use of a Private Lounge.
- Employee Wellbeing Programme
Please be aware that we cannot offer sponsorship for this role.
