About The Role
The Insurance Risk Analyst is responsible for maintaining, developing and interpreting data relating to insurance claims, vehicle risk and insurance cost performance, supporting actuarial analysis, pricing activity and active risk management across the Motability Scheme. The role holder will contribute to the development and implementation of MO’s data-driven approach to allocating insurance costs to vehicle leases, ensuring pricing and risk decisions are informed by robust claims insight, emerging trends and predictive analysis.
The role is key in analysing claims frequency, severity and overall claims cost performance across the Scheme. The role holder will produce and interpret monthly claims cost analysis, support insurance costing and pricing decisions, and deliver meaningful MI and insight to senior stakeholders across Electric & Insurance, Asset Risk, Finance and wider MO, including Executive audiences.
The role will work closely with insurance partners, actuaries and underwriting specialists to improve data insight, identify emerging risk trends, monitor claims inflation, and evaluate the effectiveness of claims cost reduction initiatives. The Insurance Risk Analyst will support the development of insight-led strategies that help optimise insurance performance, improve customer outcomes and manage long-term Scheme risk.
This is a key analytical role with responsibility for supporting governance forums and strategic decision-making through high‑quality analysis and clear communication of complex insurance and risk topics. The role holder will also support the monitoring of large loss activity, including serious personal injury claims, and help develop enhanced reporting and forecasting capability across the insurance portfolio.
The Motability Scheme is unique in that it provides comprehensive insurance as part of the overall lease costs. With 900k+ Scheme Customers, this is the largest motor fleet policy in the UK, with annual premiums in excess of £1.2bn.
About You
This role is best suited to someone with strong analytical capability, commercial awareness and a genuine interest in insurance risk, pricing and claims performance. You will enjoy working with complex datasets, identifying trends and turning analysis into actionable business insight that supports strategic decision‑making.
You will be organised, proactive and detail‑oriented, with the ability to manage competing priorities and deliver high‑quality analysis to tight deadlines. You will be comfortable communicating technical concepts clearly to a range of audiences and will enjoy collaborating with colleagues and external partners to improve processes, insight and outcomes.
The successful candidate will be interested in the general insurance market and motivated by the opportunity to apply analytical techniques, risk insight and reporting capabilities to support MO’s insurance proposition and active management of claims costs and portfolio risk.
We are keen to recruit someone who has the core aptitudes required to flourish in the role and will support the successful applicant with training and development opportunities wherever feasible.
Minimum Criteria
* Relevant experience analysing data and risk within insurance, automotive leasing or a comparable analytical environment.
* Experience producing insight that supports risk management, cost forecasting, pricing decisions or operational performance improvement.
* Degree in a numerate subject, or equivalent experience in a highly analytical or quantitative role.
* Excellent analytical and problem-solving skills, with the ability to interpret large and complex datasets and identify meaningful trends and risks.
* Strong communication skills, with the ability to present technical subjects and analytical insight clearly to non‑technical audiences.
* Excellent Excel skills and previous experience using SQL or similar data analysis tools.
Benefits
* An annual discretionary bonus.
* 15% non‑contributory pension (9% during probation).
* Life assurance at 4 times basic salary.
* Employee Discount Scheme with a range of retailers.
* Discounted Electric/Hybrid Car Salary Sacrifice Scheme.
* Access to Cycle to Work Scheme.
* 28 days annual leave, with option to purchase and sell days.
* Funded Private Medical Insurance cover.
* Critical illness insurance.
* Free access to healthcare apps such as Peppy, Unmind, Aviva Digital GP.
* Funded health screening for over 50s.
* 1 day per year to volunteer, paid for.
* Access to company allotment for produce.
* Access to Prayer room and quiet spaces in office.
* Dental insurance (voluntary).
* Health and cancer screenings for you and partner (voluntary).
* Discounted gym memberships (voluntary).
* Charitable giving (voluntary).
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