At Somerset Bridge Group we are seeking a Data Enrichment Manager to build and lead our Data Enrichment Team, supporting the Head of Analytics and R&D in achieving the overall objectives of the function as a whole. The successful candidate will take ownership of developing and delivering the company's data enrichment strategy, ensuring the effective use of internal and external data to enhance pricing accuracy, underwriting insight and customer understanding.
Through innovative and responsible use of data, help the business deliver the right prices to the right customers in a dynamic and competitive market, driving sustainable growth, improved trading performance and fair value for customers in line with regulatory expectations and company goals.
What you'll be responsible for:
Lead the Data Enrichment Team towards the delivery of objectives
Manage workload, prioritize and delegate tasks within the Data Enrichment Team to ensure timely delivery of initiatives
Define clear goals for the team, provide constructive feedback, and support professional development
Motivate members of the Data Enrichment Team
Continuously search for available new data sources
Deliver a steady flow of high-quality rate change proposals
Oversee deployment of approved rate changes
Liaise with other teams (Trading, Finance, and operational teams, etc.) to highlight predicted impact of upcoming rate changes
Collaborate with IT and data engineering teams to ensure data infrastructure and pipelines are robust, scalable, and secure
Always keep customers in mind to ensure good value to customers, with extra attention to vulnerable customers
Stay informed on market developments, competitor activity, and emerging trends; react if/as necessary
Understand all the data currently available; highlight concerns & propose solutions
Identify opportunities to harvest value from existing or new data sources; generate new rating factors
Work with internal stakeholders and suppliers to explore new data enrichment opportunities (DPIA, contracts, invoices, etc.)
Fully understand every aspect of the premium calculation; understand how RADAR and rate changes in RADAR work
Stay abreast of the latest advancements in data science and machine learning, identify opportunities to incorporate new technologies and methodologies into the team's work
Promote a culture of continuous learning, encourage the exploration of innovative data-driven solutions
Identify leaks & opportunities and propose pricing adjustments to improve performance
Identify, report, and action breaches and pricing errors
Work with internal stakeholders and suppliers to deliver objectives (contracts, DPIAs, invoices, co-funds, etc.)
Ensure compliance with all relevant regulatory requirements and industry standards in pricing strategies and practices
Promote data governance best practices, ensuring data integrity, quality, and security in all pricing activities
Document rate changes, models, processes, and analytical methodologies for transparency and audit purposes
Continuously search for ways to do things better; question everything, think outside the box
What you'll need:
Strong management and mentoring skills to develop a high-performing team of pricing professionals
Strong analytical mindset
Logical thinker
Question everything; search for innovative new solutions
Passion for data driven decisions
Underwriting experience
Proficiency in pricing techniques, statistical modelling, and predictive analytics
Knowledge of the insurance market and competitive dynamics
Commercial awareness and drive for practical outcomes
Comprehensive understanding of the motor insurance industry, its regulatory environment, and market trends
Ability to develop long-term pricing strategies that balance customer satisfaction, profitability, and market competitiveness
Exceptional capability to interpret and synthesize large and complex datasets into actionable pricing recommendations
Advanced knowledge of tools such as RADAR, Python, R, SQL, Excel, and data visualization platforms (e.g., Tableau, Power BI)
Strong cross-functional collaboration
Good communication skills; ability to present complex data insights clearly and persuasively to both technical and non-technical audiences (both in writing and verbal)
Desire and capability of strategic planning
Strong prioritization and delegation skills
Deep knowledge of statistical methods and general insurance pricing methods and techniques
Stakeholder management skills
Programming skills
Deep knowledge and understanding of data science / mathematics (at least one area) would be an advantage
Our Benefits
Hybrid working - 2 days in the office and 3 days working from home
25 days annual leave, rising to 27 days over 2 years' service and 30 days after 5 years' service. Plus bank holidays!
Discretionary annual bonus
Pension scheme - 5% employee, 6% employer
Flexible working - we will always consider applications for those who require less than the advertised hours
Flexi-time
Healthcare Cash Plan - claim cashback on a variety of everyday healthcare costs
Electric vehicle - salary sacrifice scheme
100's of exclusive retailer discounts
Professional wellbeing, health & fitness app - Wrkit
Enhanced parental leave, including time off for IVF appointments
Religious bank holidays - if you don't celebrate Christmas and Easter, you can use these annual leave days on other occasions throughout the year.
Life Assurance - 4 times your salary
25% Car Insurance Discount
20% Travel Insurance Discount
Cycle to Work Scheme
Employee Referral Scheme
Community support day
About Somerset Bridge Group
Somerset Bridge Group is dedicated to delivering fair products and innovative services in the insurance industry. Our group focuses on underwriting, broking, and claims handling to provide sustainable and innovative insurance solutions. Somerset Bridge Insurance Services Limited, operating under GoSkippy and Vavista, offers insurance coverage to over 700,000 customers. Somerset Bridge Limited handles underwriting and claims, processing almost 50,000 claims annually. Somerset Bridge Shared Services Limited provides essential support functions to ensure operational efficiency and compliance. With a strong commitment to values, culture, and customer service excellence, Somerset Bridge Group is recognised for its industry awards and growth. Join us to be part of a dynamic team that fosters creative thinking and personal development.
We are very proud to have been awarded a Silver Accreditation from Investors in People! We recognise that all of our people contribute to our success. That's why we are always looking for talented people to join our team - people who share our vision, who are passionate about what they do, and who want to be part of something special.
Equal Opportunity Employer
Somerset Bridge Group is committed to creating a diverse environment and is proud to be an Equal Opportunity Employer. We prohibit discrimination or harassment of any kind based on race, color, religion, national origin, sexual orientation, gender, gender identity or expression, age, pregnancy, physical or mental disability, genetic factors or other characteristics protected by law. SBG makes hiring decisions based solely on qualifications, skills and business requirements.
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