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Pricing analyst

Godalming
Ticker Ltd
Pricing analyst
£40,000 a year
Posted: 17 September
Offer description

Who are we:

Ticker is a next-generation digital motor insurer using data science and connected car data (also known as telematics or black box insurance) to provide insurance products for novice, van, older and low-mileage drivers.

The motor insurance landscape is set for a major shift and the battleground will be won or lost in the next five years. It will all come down to pricing sophistication and the most efficient use of machine learning and artificial intelligence across the whole value chain.

The business includes a first-class executive team with a proven track-record in building successful insurtechs and running some the largest insurers in the UK.

What the role is:

We are looking for a Pricing Analyst to expand our Pricing and Underwriting team. You'll be a key member of our pricing and underwriting team providing creative pricing to support our products. You'll be involved in devising cutting-edge pricing techniques to evolve all aspects of our pricing models.

Having launched our first product in March 2019, Ticker are now well established in the motor insurance market with multiple products and partnerships and are fast becoming a big name in the industry. We are within the top five providers of insurance for people who are new to driving, have a market-leading loss ratio and are amongst a small number of insurers who offer a pay-per-mile product.

We are looking to accelerate the sophistication of our pricing, and we have plans to grow with plenty of new products to build; your introduction will be vital in helping us achieve this.

What you'll be doing with your days:

* Integrating customer behaviour data with traditional pricing models
* Assisting with optimising analytics to maximise value
* Impact-assessing key pricing changes
* Manipulating new data to work with pricing models and derive value from the results
* Supporting model implementation build and deployment to market
* High-quality predictive modelling, including but not limited to: behaviour models, market models and sales forecasting
* Tracking key trading metrics, recognising any early warning signs of changes
* Assisting with portfolio management: assessing performance, making recommendations and reporting on key findings
* Working closely with other teams – from supporting underwriters with referral queries or anti-fraud managers with data manipulation, to collaborating with developers on delivering new and exciting projects

Skills you'll need:

* Knowledge of UK motor insurance
* You should have working knowledge of all the usual data analytics tools
* Comfortable working with unfamiliar data and deriving value from it
* An analytical degree at 2:1 or higher
* Drive to input into the business culture, maintaining a strong customer focus

Essential

* Excel
* Coding exposure
* Willingness to learn and apply new skills

Desirable

* Insurance specific software: Radar Base, Radar Live, Emblem
* Coding: SAS, R, SQL, Python, VBA
* Machine learning
* XMLs

Benefits:

* Bonus scheme (based on company and personal performance)
* Enthusiastic investment in your development
* Opportunity for Actuarial study support
* Pension
* Flexible home working - remote first
* Insurances: Private medical insurance, including dental and optician cashback (partner/family rates available); Income protection insurance; and Death-in-service insurance
* 25 days holiday plus bank holidays (increases to 27 days after 5 years)
* Bonus day off for your birthday
* Holiday purchase scheme (up to 5 days per year)

Where the job is:

Our business is remote-first, but we have a great office based in a rural location in Surrey (Godalming) with direct links to London from nearby Guildford. Your location is not an issue if you're happy to be in the office for your training and team meetings on a monthly basis.

Job Types: Full-time, Permanent

Pay: Up to £40,000.00 per year

Benefits:

* Casual dress
* Company events
* Company pension
* Life insurance
* On-site parking
* Private medical insurance
* Referral programme
* Sick pay
* Work from home

Application question(s):

* Do you have knowledge of UK motor insurance industry?
* What is your salary expectation?
* What is your current notice period (in weeks or months)?
* Do you have your own transport and can commute to our office (outside of Godalming, Surrey) once a month?

Experience:

* coding: 1 year (preferred)

Licence/Certification:

* Do you have an analytical degree at 2:1 or higher? (required)

Work authorisation:

* United Kingdom (preferred)

Work Location: Hybrid remote in Godalming GU8 6BQ

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