Graduate Telematics Pricing Analyst

First Central; Haywards Heath; On-site; GBP 28,000 - 35,000; Full time

Job summary

A leading insurance company is seeking a Graduate Telematics Pricing Analyst to enhance pricing through data analysis and modeling. The ideal candidate will hold a First-Class Honours degree in a numerical discipline and have hands-on coding experience. This role involves collaborating with teams to monitor and improve pricing models using software like Python and Power BI.

Qualifications

• Strong coding skills in programming languages such as R, Python, SAS, or SQL.
• Knowledge of statistical modelling using GBMs/GLMs.
• Understanding of insurance pricing concepts.

Responsibilities

• Deliver high-quality analysis and modelling to enhance pricing.
• Create datasets and reports using Python, SAS, and SQL.
• Collaborate with pricing teams to improve models and practices.

Skills

First-Class Honours degree in Mathematics, Statistics, Actuarial Science

Coding experience in Python, R, or SQL

Strong foundation in Mathematics

Education

First-Class Honours degree

Tools

Power BI

Python

SAS

SQL

Excel

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!

We are looking to recruit a bright and innovative graduate to join our telematics pricing team. You'll be working with stakeholders across the business with vast amount of experience in the telematics product and insurance pricing to support you. You will have opportunity to develop your analytical skills, learn pricing techniques, software and coding packages, and use your problem solving skills to manage risks and improve our pricing.

In this role you’ll deliver high quality analysis and modelling to extract maximum value from our telematics data and to enhance pricing.

We’re looking for a Graduate Telematics Pricing Analyst to join our Underwriting team in either our Salford Quays, Manchester or Haywards Heath, West Sussex offices.

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

• a First-Class Honours degree in Mathematics, Statistics, Actuarial Science, or a closely related discipline
• Strong foundation in Mathematics, evidenced by achieving an A grade at A-Level or equivalent overseas qualification
• Hands‑on coding experience, with proficiency in one or more programming languages such as Python, R, or SQL

What’s involved:

Data:

• Writing efficient, well documented code to create modelling datasets, produce regular reporting and ad‑hoc analysis using Python, SAS, SQL, Excel or other software packages
• Create an innovative approach which drives the business forward by introducing new analytical and visualization methods using Power BI
• Production of monthly reports using Excel and PowerPoint

Pricing:

• Assess new data sources from third parties to derive features that are predictive of claims experience.
• Monitor, maintain, update and proactively identify ways to improve existing predictive models using Python, Emblem, Radar and other software packages
• Collaborate with other pricing teams to establish best pricing and modelling practices.
• Support the rate changing process (analysis, proposal, and implementation).

Other responsibilities:

• Sharing of knowledge online during team meetings and in‑person presentations on away days.
• Develop your own skills and knowledge to achieve current and future business requirements.
• Comply with the requirements, and act in accordance with, the Group Code of Conduct and Fitness and Propriety policies at all times.
• Ensure compliance with Company Policies, Values and guidelines and other relevant standards/ regulations at all times.
• Any other reasonable duties.

Skills

• Strong technical skills – with an undergraduate or a graduate degree in a numerical discipline
• Understanding of any coding languages, such as R, Python, SAS and SQL
• Understanding of statistical modelling using GBMs/GLMs
• Understanding of data science concepts and tools would be advantages
• Understanding of insurance pricing and products
• Intermediate IT skills
• Use of MS Word, Excel and PowerPoint

Soft Skills

• Ability to influence and educate stakeholders through verbal and written communications
• Ability to remain logical, flexible and positive during busy and less‑busy period
• Ability to produce high level and low level analysis.
• Ability to work on own initiative and as part of a team
• Ability to learn and be enthusiastic towards new technologies

So, if you’re up for the challenge and would like to join our vibrant and busy team, we want to hear from you today.

We’ve received some great feedback from colleagues on Glassdoor. Don’t believe us? Check out our reviews for yourself!

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.