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 an experienced data modeller? Have you worked with R, Python or SAS? If so, we need you!
We’re looking for someone to join our Retail Pricing team as a Lead Analyst either working remotely or based in our Salford Quays, Manchester or Haywards Heath, West Sussex office.
Analytical and inquisitive? Lets do this, together!
In this role you’ll lead and coordinate research to improve retail pricing performance.
You will apply mathematical and statistical techniques including optimization, generalised linear modelling, and non-linear methods to improve the performance of the company. You’ll perform data enrichment to deliver actionable value-creating insights, managing rate changes and implementation of new models and pricing algorithms.
You will solve key company questions, providing analysis, insight, and competitive advantage by producing recommendations, analysis and reports that maximise customer satisfaction and profitability.
You will also oversee the process of translating data into market-ready insights which can be used in our advanced pricing strategies through cross-functional leadership as well as effective team and project management. You’ll keep up to date with the motor insurance market and the relevant standards and regulations.
We’re all about people and we’re passionate about continuous improvement, so you’ll pro-actively seek ways to improve existing processes in the Retail Pricing Team. You’ll implement and advise on analysis strategy, with particular focus on customer behaviour and motor insurance market dynamics.
Developing the best talent means a lot to us, so you’ll play a vital part in recruiting, developing & motivating junior staff whilst also controlling workloads.
Core skills we’re looking for to succeed in the role :
- Experience working with data / data modelling
- Knowledge of R / Python / SAS
Nice to have skills, but optional :
Experience with RadarPrevious experience in the Insurance industryWhat's involved :
Lead and coordinate research to improve retail pricing performanceManage a team of analysts within the Retail Pricing Project Team ensuring delivery to targetsApply mathematical and statistical techniques including optimization, generalised linear modelling, and non-linear methods to improve the performance of the companyCreate an innovative approach which drives the business forward by introducing new analytical methods, making use of new data sources, and producing reporting suites to track performanceBuild predictive models using SAS, RADAR, EMBLEM, and other software packagesMonitor, maintain, update, and improve existing predictive modelsManage rate changes and implementation of new models and pricing algorithmsProduce timely and accurate information for management decision-making purposesLiaise with other departments on data issues, processes, and operational issuesAnalyse business issues to find solutions to and make recommendations to improve customer outcome and profitabilityPresent findings and results in a clear and logical mannerProduce written reports and documentation of work completedProvide input and advice into company analysis strategy and the effective implementation of that strategy to meet company requirementsContinuously learn new tools and techniques to stay ahead of competitionDevelop and implement best practices for experimental designImplement department timescales on standard report production, and ad hoc business queriesAd hoc project work providing analysis to the businessRecruit, train, develop, and guide a team of analysts and graduate analystsManage workloads and motivate direct reports to ensure engagement and productivityMaintain an ethically-sound workplace culture of inclusivity, openness, ownership, collaboration, ambition, innovation, agility, and respectRepresent the pricing department in meetings as and when requiredEnsure compliance with company and other relevant standards / regulationsComplete all mandatory trainingTravel to group locations on an ad hoc basis (currently Manchester, Gibraltar, and Guernsey)Any other reasonable duties as requiredExperience & knowledge
Proven history of mathematical research (either in academia or in industry)Proven ability to produce outstanding results based on own initiativeStrong background in statistical methodsExperience of predictive modelling is an advantageExperience of Radar, SAS, Emblem is an advantageExperience of personal lines insurance analysis is an advantageExperience in people and project management is an advantageBroad knowledge of statistical methods and techniquesA good understanding of probability theoryMathematical optimizationKnowledge of motor insurance products and the motor insurance industry is an advantageSkills & qualifications
MSc in Maths, Physics, Computer Science, or a similar disciplinePhD in Maths, Physics, Computer Science or similar is an advantageStrong mathematical skillsStrong problem-solving skills, with the ability to adopt a logical approach to solving problemsExcellent data and statistical analysis skillsStrong IT skills (including Excel and one of Python / R / SAS)Good communication skills, both verbal and writtenGood time management and organisation skillsBehaviours
Logical thinker with solid reasoning abilityAn organised and pro-active approachAbility to work on own initiative and as part of a teamQuick learner and keen to learn new methods and techniquesAble to transfer skills and knowledge to othersEmphasis on attention to detail and accuracyA flexible approach and positive attitudeSelf-motivated and enthusiasticCommercially focussedInterested? Apply today and take the next step in finding your dream job.
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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, take a look at all our perks in full .
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.
