Graduate Pricing Innovation Analyst

First Central; Haywards Heath; On-site; GBP 30,000 - 40,000; Full time

Job summary

A leading insurance company is seeking a Graduate Pricing Innovation Analyst in Haywards Heath. The role involves data analysis, programming, and building predictive models to support the Underwriting team. Ideal candidates should have strong numerical skills and at least a 2:1 degree in a numerical discipline. This is a great opportunity to grow within the insurance sector while contributing valuable insights to the company.

Qualifications

• Strong mathematical skills.
• Experience with statistical techniques.
• Proficiency in programming languages preferred: SAS/Python/R.

Responsibilities

• Learn relevant tools and techniques for Pricing & Underwriting.
• Produce business analysis reports.
• Conduct ad hoc project work providing analysis to the motor function.
• Maintain and write analysis code using appropriate programming languages.
• Build predictive models using software packages.
• Present findings and produce written reports.

Skills

Excellent data and statistical analysis skills

Good numerical skills

Good communication skills

Experience in programming (Python/R/SQL/SAS/Databricks)

Education

Minimum 2:1 in a numerical undergraduate discipline

Tools

MS Office tools (Excel)

SAS

Python

R

Job description

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!

Are you a data-driven thinker with a passion for uncovering insights through numbers?

Do you thrive on statistical analysis, enjoy solving problems, and love turning complex datasets into clear, actionable stories? If you’re someone who combines strong numerical skills with sharp communication and a knack for programming, we’d love to hear from you!

We’re looking for a Graduate Pricing Innovation Analyst to join our Underwriting team in our Haywards Heath, West Sussex office.

In this role you’ll learn the use of standard tools used in the Pricing & Underwriting Departments (including packages such as SAS, EMBLEM, RADAR, Python). You will also learn analysis techniques (including GLM, decision trees, GBM, random forests, neural networks etc) used in the industry, as well as learning about the Motor Insurance Market and the relevant standards and regulations.

You will use these skills to analyse and build predictive risk models using traditional statistical and machine learning modelling techniques. These will be used to solve key company questions by providing analysis, insight and competitive advantage to the company, producing analysis and reports that maximize customer satisfaction and the probability of the company.

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

• Excellent data and statistical analysis skills
• Good numerical skills
• Good communication skills
• Experience in programming (such as Python/R/SQL/SAS/Databricks)

What’s involved:

• Learn all relevant tools and techniques
• Production of business analysis reports
• Ad hoc project work providing analysis to the motor function
• Maintenance of analysis code using appropriate programming languages.
• Write new analysis code using appropriate software packages
• Build predicative models using appropriate software packages
• Present findings and results in a clear and logical manner; produce written reports
• Positive manner with ability to communicate well with all colleagues and stakeholders
• Any other reasonable duties as required

Qualifications

• Minimum 2:1 in a numerical undergraduate discipline

Experience

• MS Office tools (in particular Excel)
• Statistical techniques
• Programming experience preferred: SAS/Python/R

Skills & knowledge

• Strong mathematical skills
• Strong problem-solving skills, with the ability to adopt logical approach to solving problems
• Excellent data and statistical analysis skills
• Strong IT Skills (including Excel and ideally programming skills)
• Good communications skills, both verbal and written
• Good time management and organisational skills
• Broad knowledge of statistical methods and techniques
• Good knowledge of the motor insurance products and the motor insurance industry after appropriate training
• Solid understanding of the business objectives and operations

Behaviors

• Logical thinker with solid reasoning ability
• Commercially focuses
• Emphasis on attention to detail and accuracy
• Quick learner
• Able to transfer skills and knowledge to others
• Self-motivated and enthusiastic
• An organized and pro-active approach
• Ability to work to own initiative and as part of a team
• Flexible approach and positive attitude
• Strives to drive business improvements to contribute to the success

Are you the person we’re looking for? If so, we look forward to hearing from you. Apply today!

We pride ourselves on being a great place to work. Check out our Glassdoor page to see what our colleagues think about working here.

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 here .

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.