Job Description

Description

We are recruiting for a Telematics Pricing Manager to own our telematics proposition, generating insight from telematics data and driving actionable insights that will improve accuracy of our risk pricing models. The role will be responsible for setting and achieving trading KPIs in line with business strategy whilst ensuring regulatory compliance. This is a pivotal role in the SBG growth strategy and product offering. You will take ownership of the product and ensure a customer centric approach to servicing our policies.

What you'll be responsible for:

Product ownership, responsible for setting and achieving target KPIs. Maintaining Loss Ratio KPIs and ultimate loss ratio indication system to support profitability decisions. Developing value from telematics and customer engagement tools. Creation and maintenance of monitoring tools. Ensuring costs and income are accurately managed. Keeping track of market movements through market models, benchmarking and analysis. Collaborating with other areas of the business to put in place trials to assess performance of changes. Managing a team of Analysts to deliver against business and function objectives. Taking a customer focused approach to decision making. Development of a rewards strategy to reduce customer road risk.

What you'll need:

Bachelor's degree in Mathematics, Statistics, Actuarial Science, Economics, or a related field is desirable, or a non-related degree which covers modules in data/coding or programming, for example. Further qualifications are desirable (e.g. Master's degree, Project Management qualification, IFoA, CII, etc.) Experience of insurance pricing. Software / coding experience e.g. SQL / Python. Trading management. Technical awareness of modelling. Excellent stakeholder management skills. Experience managing projects. Prior line management experience is desirable. Experience of Databricks / Radar / Emblem is desirable. Knowledge of insurance products, customer segments and market dynamics is desirable. Knowledge of telematics products, telemetry data and customer engagement analysis is desirable.

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.