Job Description

Location:
Haywards Heath, Home Office (Remote) or Manchester
Salary:
30,000 - 40,000 - depending on experience
Department:
Commercial

We're 1st Central, a market-leading insurance company utilising smart data and technology at pace. Rapid growth has been based on giving our 1.4 million customers exactly what they want: great value insurance with an excellent service. And that's the same for our colleagues too; we won Insurance Employer of the Year at the British Insurance Awards 2024 and our Glassdoor score is pretty mega too!


We're looking for a

Pricing Analyst

to help drive, support and develop pricing changes across 1st Central.


In this role, you'll help validate and build confidence in our pricing algorithms and the data systems that underpin the pricing process. You'll contribute to refreshing predictive models using both linear and non?linear statistical techniques, you'll, monitor, maintain and update existing models to ensure they remain accurate and effective.


You'll tackle key business questions and deliver high-quality analysis, insight and recommendations that enhance customer satisfaction and drive profitability. Your work will play a crucial part in strengthening our competitive position through clear, ?evidence-based? reporting.


We're looking for someone who can proactively identify opportunities to enhance our Retail Pricing Team's processes and play a key role in shaping the future of our pricing capability.


We love hybrid working, so you'll spend most of your time working where you work best, be that at home or in the office closest to you, we've offices located in

Salford Quays, Manchester and Haywards Heath, West Sussex.

There are no mandatory working days in the office on a regular basis for the team in Retail Pricing, but you'll be expected to attend wider Pillar and Department level meetings, usually once a quarter.

Core skills we're looking for to succeed in the role:

Technical Skills:

You'll bring strong mathematical, data and statistical analysis skills, along with solid experience in

Radar, SQL, Python and Excel, with Databricks

experience as a bonus.

Problem-Solving

: You'll have strong problem-solving abilities, and the capacity to take a logical approach to tackling challenges

Organisational Skills

: You'll have good time management and organisational skills

Industry

: Experience of personal lines insurance analysis is an advantage but not essential

What's involved:

You'll learn new tools and techniques Give confidence in the underlying data within the pricing algorithm Production of business analysis reports Ad hoc project work providing analysis to the business Maintenance, creation and development of predictive models and analysis projects written in

Radar, SQL, Python and Excel

Monitor, maintain, update and improve existing predictive models You'll produce timely and accurate information for management decision-making purposes Apply statistical techniques including generalised linear modelling and non-linear methods to improve the performance of the company You'll liaise with other departments on data issues, business effects influencing company reports, business processes and operational issues You'll analyse business issues to find solutions to and make recommendations to improve profitability You'll present findings and results in a clear and logical manner; produce written reports You'll train, develop & guide graduate analysts Positive manner with ability to communicate well with all colleagues and stakeholders You'll ensure compliance with company and other relevant standards / regulations Travel to group locations on an ad-hoc basis (currently Manchester, Haywards Heath, Gibraltar and Guernsey)

Qualifications

Minimum 2:1 in a numerical undergraduate discipline

Experience

Strong background in statistical methods Experience of personal lines insurance analysis is an advantage Experience of Radar, SQL, Python and Excel, with Databricks as a bonus

Skills

Strong mathematical skills Strong problem-solving skills, with the ability to adopt a logical approach to solving problems Excellent data and statistical analysis skills Strong IT skills (including Excel and ideally programming skills) Good communication skills, both verbal and written Good time management and organisation skills

Knowledge

Broad knowledge of statistical methods and techniques Good knowledge of motor insurance products and the motor insurance industry is an advantage Solid understanding of the business objectives and operations

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 Ability to work on own initiative and as part of a team A flexible approach and positive attitude Strives to drive business improvements to contribute to the success of the business Takes initiative to make decisions

Think you're a match? Apply today and discover where this opportunity could take you.

What can we do for you?

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. To get a taste of the advantages you'll enjoy.


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.