Graduate Pricing Analyst
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Job Location:
Manchester - UK
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Were 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 thats 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!
Exciting opportunity for a Graduate Pricing Analyst to join our Underwriting team based in either Salford Quays (Manchester) Haywards Heath (West Sussex) or based remotely within the UK. This role offers a predominantly homebased working pattern with just one day a month in the office though were flexible if you prefer to come in more often thats completely fine with us.
Were looking to recruit a bright and innovative graduate to join our Telematics Pricing team. Youll work with experienced stakeholders across the business who have deep expertise in telematics and insurance pricing. Youll develop your analytical skills learn pricing techniques software and coding packages and use your problemsolving abilities to help manage risk and improve our pricing.
In this role youll deliver highquality analysis and modelling to extract maximum value from our telematics data and enhance pricing performance.
Core skills were looking for to succeed in the role:
- Minimum 2:1 degree in Mathematics Statistics Actuarial Science or a closely related discipline
- Strong foundation in Mathematics evidenced by 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 is an advantage
This role is ideal for individuals who have already completed or are about to complete their degree and are ready to apply their analytical skills in a commercial environment.
Whats involved:
Data:
- Youll write efficient well documented code to create modelling datasets produce regular reporting and ad hoc analysis using Python SAS SQL Excel or other software packages
- Youll create an innovative approach which drives the business forward by introducing new analytical and visualization methods using Power BI
- Youll produce monthly reports using Excel and PowerPoint.
Pricing:
- Youll assess new data sources from third parties to derive features that are predictive of claims experience.
- Youll monitor maintain update and proactively identify ways to improve existing predictive models using Python Emblem Radar and other software packages
- Youll collaborate with other pricing teams to establish best pricing and modelling practices.
- Youll support the rate changing process (analysis proposal and implementation).
Other responsibilities:
- Youll share knowledge online during team meetings and in-person presentations on away days.
- Youll develop your own skills and knowledge to achieve current and future business requirements.
- Youll comply with the requirements and act in accordance with the Group Code of Conduct and Fitness and Propriety policies at all times.
- Youll ensure compliance with Company Policies Values and guidelines and other relevant standards/ regulations at all times.
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
If youre a graduate with a 2:1 or above degree strong mathematical ability and handson programming skills wed love to hear from you apply now.
What can we do for you
People first. Always. Were passionate about our colleagues and know the best people deserve an extraordinary working environment. We owe it to them so thats what we offer. Our workplaces are energetic inspirational supportive. To get a taste of the advantages youll 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 were offering so feel free to get in touch.
Required Experience:
IC
Key Skills
- Inventory Control
- Microsoft Access
- Math
- Pivot tables
- Pricing
- Analysis Skills
- Computer Literacy
- Cost Accounting Standards
- Microsoft Excel
- Financial Analysis
- Contracts
- Analytics
About Company
Find your next job with First Central, a fast-growing UK insurer and innovator in data, which has offices in Sussex, Manchester, Guernsey and Gibraltar.
