Telematics Data Pricing Analyst

Telematics Data Pricing Analyst

Location:
Haywards Heath
Salary:
competitive
Department:
Underwriting
Apply for this job

We’re First Central Insurance & Technology Group (First Central for short), an award-winning innovative insurance and technology organisation, delivering market-leading motor insurance, underwriting, distribution, finance, technology and legal services.
 

We’re on the hunt for a talented Telematics Data Pricing Analyst to join our Underwriting team in Haywards Heath, West Sussex on a hybrid working pattern.

Working with the Telematics Technical Pricing Team, you'll have the opportunity to work on a variety of data, analytics, and pricing projects. Disseminating large datasets of driving scores and individual trip data you'll derive features that are predictive of claims experience and can be used in renewal pricing.

To be successful in this role, you’ll need to:

  • have a minimum 2:1 in a numerical undergraduate discipline (including computing, engineering, and/or physics)
  • have experience of using Radar and Power BI, or able to pick up new software skills quickly
  • have demonstrated experience of working with big data set and related statistical methods

Job responsibilities:

Data responsibilities:

  • Development of data models using SAS, SQL, R and other software packages to prepare input for MI reports and pricing models.
  • Supporting the continual development of MI dashboards in Power BI to monitor sales mix and underwriting performance.
  • Collaborate with other departments to resolve data and process issues.

Pricing responsibilities:

  • Assess new data sources from third parties to derive features that are predictive of claims experience.
  • Monitor, maintain and improve existing predictive models.
  • Collaborate with underwriting and retail pricing colleagues to establish best pricing and modelling practices.
  • Support the rate changing process (analysis, proposal, and implementation).

Other responsibilities:

  • Reflect and improve on existing data and pricing processes.
  • 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.

Job-specific competencies

Experience & knowledge

  • Working in both cloud and local computing environment
  • Knowledge of personal lines insurance products and the industry

Skills & Qualifications

  • Strong IT skills with experience in SAS, Excel
  • Good communication skills, both verbal and written
  • Good time management and organisation skills

Behaviours

  • Enthusiastic towards new technology
  • Able to innovate and transfer skills to others
  • Self-motivated and enthusiastic
  • An organised and proactive approach
  • Ability to work on own initiative and as part of a team
  • A flexible approach and positive attitude
  • Strives to drive business improvements to contribute to the success of the business

    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.

    What can we do for you?


    We believe we can offer you a great working environment as we’re so passionate about our people. Here are just some of the benefits and perks that we offer…

    • Fantastic training and development opportunities
    • Employee benefit packages to suit your lifestyle
    • Flexible working
    • YOUday – we give you an extra day off to celebrate a special day
    • The opportunity to take a paid day off each year to do charity work
    • A health cash plan
    • Help with travel expenses
    • The opportunity to buy additional holiday
    • Company pension scheme
    • Group life assurance
    • Enhanced maternity and paternity pay
    • Professional subscription fees paid

    Employee wellbeing is high on the agenda here too. We provide a weekly free fruit delivery, discounted membership at a local health club and access to an Employee Assistance Programme, which promotes physical and emotional wellbeing at work and at home. In addition, we provide wellbeing events throughout the year to support physical and mental health.

    For further information on what we can offer and to learn more about this role, feel free to contact our dedicated Recruitment team.

    View more about our Benefits

    Apply for this job

    glassdoor

    86% of people would recommend a friend to work at First Central

    Based on 164 Glassdoor reviews (March 2022)

    Benefits

    View all benefits >

    Flexible working

    We support colleagues who wish to work flexibly whilst meeting the needs of the business.

    YOUday

    If it’s your birthday or you just fancy some me-time, get an extra day off for whatever you want.

    Holiday Extra

    We give you two opportunities each year to buy or sell up to five days of holiday.

    Volunteering

    Get a day off each year to take part in volunteering activities.

    Health cash plan

    Claim money back on your healthcare costs, such as dental check-ups and eye tests.

    Season ticket loan

    We provide interest-free loans to cover the cost of season tickets for rail, bus or car parking.