At 1st Central, everything starts with our people.
As one of the UK’s leading motor and home insurers, we use smart technology, data and great service to make insurance fast, fair and simple for over 1.4 million customers. We’re proud to create an environment where people feel supported, trusted and able to grow - whether that’s developing new skills, taking on fresh challenges or making a real impact every day. If you’re looking for a role where you can make a difference, we’d love to hear from you.
We’re looking for a Pricing Innovation Analyst to play a key role in shaping the future of our pricing capability. You’ll drive the evolution of our burn cost models by uncovering new predictive insights, increasing model sophistication, experimenting with innovative techniques, and building cutting-edge reporting solutions.
We’re big on flexible hybrid working. Our teams are based across Haywards Heath (West Sussex) and Salford Quays (Manchester). We primarily work from home but value collaboration, so we come together in person to keep ideas flowing, typically once a week or fortnight. Prefer being in the office more often? That works for us too.
Core skills we’re looking for to succeed in the role:
- Analytical & Numerical Skills: Excellent data and statistical analysis skills, with strong numerical capability and a logical, problem‑solving approach
- Programming Skills: Experience with Python, R or SAS
- Modelling Capability: Some experience or familiarity with modelling techniques (e.g. EMBLEM, Python, GBM builds in Radar), or a strong interest in developing these skills
- Industry & Role Experience: 2 years’+ experience gained within a commercial or pricing role within personal lines motor insurance, plus a 2:1 degree (or equivalent) in a numerate discipline.
- Communication & Presentation: Strong verbal and written communication skills, with the ability to present complex concepts at a level appropriate to the audience
What’s involved:
- You’ll support the appropriate use of statistical techniques & models to improve the accuracy and stability of burn cost models.
- You’ll support the development of analytical tools and reporting suites to enable the efficient testing of new factors and modelling techniques.
- You’ll continually support the development the rate change process to ensure we minimise rating errors and efficiently make changes as required by the business.
- You’ll produce timely and accurate information for management decision-making purposes.
- You’ll liaise with all departments on issues of reporting requirements, data analysis, business process and operational issues.
- You’ll achieve an innovative approach to analysis which drives the business forward introducing new rating factors and finding new patterns and key variables.
- You’ll ensure compliance with company and other relevant standards/ regulations at all times (including TCF)
- You’ll take responsibility for analytical sections of the team’s major projects
- You’ll assist with rate changes and have a full understanding of the rate change process
Experience & knowledge:
- Minimum 2:1 in a numerical undergraduate discipline
- Minimum of 2 years’ experience of a relevant commercial and pricing role within the personal lines motor insurance industry
- Solid experience of SAS/Python/R and ideally EMBLEM
- Ideally some modelling experience (EMBLEM, Python, GBM builds in Radar)
- Experience of Radar Base and Radar Live preferable
Skills:
- Excellent data and statistical analysis skills
- Good numerical skills
- Good communication skills, both verbal and written
- Ability to present complex concepts at a level appropriate for the audience
- Strong analytical and problem-solving skills, with the ability to adopt a logical approach to solving problems
- Good time management and organisation skills
- Strong IT skills
Behaviours:
- Logical thinker with solid reasoning ability
- Commercially focused
- Emphasis on attention to detail and accuracy
- Quick learner
- Able to transfer skills and knowledge to others
- Self-motivated and enthusiastic
- An organised and pro-active approach
- Aligned to the values of Ambition; Agility; Ownership; Collaboration
Apply now and help drive smarter, data‑led pricing innovation.
Ready to join us?
We’re looking for talented people who want to make a real impact for our customers, colleagues and business. Apply today and discover where a career at 1st Central could take you.
To find out more about careers at 1st Central, take a look here
