Ascot Group on cord

Ascot Group

Pricing Analyst

External position
London, UK
Hiring internally for Ascot Group?
Insurance
Illumivate. Innovate. Insure.
Posted
2 months ago
Checked
cord regularly checks that external positions are still open
2 days ago

Skills & Experience

Job roles: Business Analyst
Experience level: Entry, Junior
Core skills considered: Business Analysis, Data Analysis
Other skills considered: Excel, Python

Logistics

Base salary: Undisclosed
Some companies on cord are unable to disclose salaries publicly due to internal company policies. Message the company for salary information.
Employment type: Permanent
Remote working: Hybrid
Visa sponsorship: Not available

Job Description

Ascot's pricing function has grown significantly since its establishment in 2020, with more recent focus on a London-wide multi-year pricing transformation project. With continued investment in pricing, Ascot is now seeking a Pricing Analyst to join and grow with the team.

This is an excellent early-career opportunity for a numerate, analytically-minded individual to build a career in actuarial pricing. Working under the guidance of experienced colleagues, the successful candidate will primarily provide day-to-day (BAU) actuarial pricing support to various underwriting teams, with some exposure to the ongoing pricing transformation project. The pricing team collaboratively contributes to Ascot's actuarial function objectives and works closely with the wider group pricing functions.


Detailed Duties:

The role of the successful candidate may include the following, with the level of support and supervision tailored to experience:

Supporting the Actuarial Pricing function

  • Working with underwriting teams to provide day-to-day, ad-hoc pricing support and individual case pricing, in line with best-practice actuarial techniques and under the supervision of senior colleagues.
  • Supporting the ongoing maintenance and cyclical validation of rating tools and pricing capabilities across all classes of business, including model documentation.
  • Contributing to the development of the Pricing Framework within the Syndicate and supporting the maintenance of Lloyd's Pricing Maturity Matrix.
  • Building positive working relationships with underwriting teams across the business to support adoption of technical pricing concepts and pricing tools.
  • Assisting with the development of portfolio management reporting, using data from hx Renew to help generate new insights across lines of business.
  • Supporting the preparation of:
    Rate adequacy and rate change reporting, within internal MI and external reporting to Lloyd's (PMDR);
    Relevant documents, papers and analysis for committee meetings and external meetings with Lloyd's and the PRA;
    The annual Actuarial Function Report.

Supporting the Pricing Transformation project

  • Assisting with the transfer of existing pricing models from Excel-based workbooks into hx Renew, a robust tool which offers underwriting efficiencies and technical capabilities in line with the Pricing Framework.
  • Developing an understanding of the existing technical pricing models and helping to re-build them in Renew, in line with established principles and Python best practice, with guidance from senior colleagues.
  • Supporting the upkeep of accurate documentation for technical pricing models within the hx Renew system, and providing Renew support to underwriting teams across the business.
  • Helping to test and validate model functionality and results within hx Renew.
  • Assisting with the integration of key data items between hx Renew and other overlapping data-driven systems.

Other

  • Making a proactive and positive contribution to the (Group) actuarial function with respect to culture and teamwork, contributing to the overarching objectives of the team.
  • Helping to identify and develop synergies within pricing across Ascot entities.
  • Demonstrating commitment to personal and team development, including progress towards actuarial qualification.
  • Identifying opportunities to work more efficiently.
  • Attending relevant industry workshops and training.
  • Liaising with other Ascot functions as necessary - such as IT, MI, Data, Underwriting, Reinsurance and Exposure Management - to support the objectives of the team.

Person Specification:

The successful candidate will have / be:

  • A strong academic background in a numerate discipline (e.g. mathematics, statistics, economics, actuarial science, engineering or a related field).
  • Typically 0-2 years' relevant experience; recent graduates and those early in their career are encouraged to apply.
  • Studying towards, or with a clear desire to begin, the IFoA actuarial examinations.
  • Some exposure to, or a keen interest in, actuarial work - ideally within pricing, but not essential.
  • Strong analytical and numerical skills, with good attention to detail.
  • A proactive, self-motivated approach, with a willingness to learn and take on new challenges.
  • Developing critical thinking skills - an aptitude for problem diagnosis and problem solving.
  • Good written and verbal communication skills.
  • An ability to build and maintain positive relationships across teams.
  • Microsoft Office skills, particularly in Excel.
  • Any exposure to Python, hx Renew or Power BI is advantageous, but not required - training and support will be provided.
  • Familiarity with programming languages such as C#, SQL, VBA or R is beneficial but not essential.
  • An appetite to learn new software and technical skills, not currently widely used within the business.
Pricing Analyst at Ascot Group
Position posted 2 months ago

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Starling Bank on cord

Starling Bank

Full Stack Engineer (ML Ops)

London, UK
FinTech · Banking · Finance
A better bank for everyone
Active
over 6 months ago
Responds to
0% of requests
Responds in
1h 55m
Requests
7 pending

Skills & Experience

Job roles: Full Stack
Experience level: Mid, Senior
Core skills considered: Java, React, Redux, AWS, JavaScript

Logistics

Base salary: £70K - £110K
Employment type: Permanent
Remote working: Hybrid (up to 2 remote days p/w)
Visa sponsorship: Not available

Job Description

Starling is the UK’s first and leading digital bank on a mission to fix banking! Our vision is fast technology, fair service, and honest values. All at the tap of a phone, all the time.

Starling is the UK’s first and leading digital bank on a mission to fix banking! We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way.

We’re a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company. We’re a bank, but better: fairer, easier to use and designed to demystify money for everyone. We employ more than 3,000 people across our London, Southampton, Cardiff and Manchester offices.

Our technologists are at the very heart of Starling and enjoy working in a fast-paced environment that is all about building things, creating new stuff, and disruptive technology that keeps us on the cutting edge of fintech. We operate a flat structure to empower you to make decisions regardless of what your primary responsibilities may be, innovation and collaboration will be at the core of everything you do. Help is never far away in our open culture, you will find support in your team and from across the business, we are in this together!

The way to thrive and shine within Starling is to be a self-driven individual and be able to take full ownership of everything around you: From building things, designing, discovering, to sharing knowledge with your colleagues and making sure all processes are efficient and productive to deliver the best possible results for our customers. Our purpose is underpinned by five Starling values: Listen, Keep It Simple, Do The Right Thing, Own It, and Aim For Greatness.

Hybrid Working

We have a Hybrid approach to working here at Starling - our preference is that you're located within a commutable distance of one of our offices so that we're able to interact and collaborate in person. We don't like to mandate how much you visit the office and work from home, that's to be agreed upon between you and your manager.

Our Data Environment

Our Data teams are excited about the value of data within the business, powers our product decisions to improve things for our customers and enhance effective and agile decision making, regardless of what their primary tech stack may be. Hear from the team in our latest blogs or our case studies with Women in Tech.

We are looking for talented data professionals at all levels to join the team. We value people being engaged and caring about customers, caring about the code they write and the contribution they make to Starling. People with a broad ability to apply themselves to a multitude of problems and challenges, who can work across teams do great things here at Starling, to continue changing banking for good.

Requirements

We have built our entire banking platform in house and mostly in Java. We are looking for people who want to work on building the tooling that is used by our engineers on a daily basis.

We are looking for people who are truly full stack, and are as comfortable polishing their javascript front end as they are debugging the innards of their java applications database interactions, or standing up infrastructure with terraform. We are looking for people who can:

  • Design REST apis.
  • Code backend services, ideally using Java, or another other server side compiled language.
  • Develop modern front ends, ideally using React and Redux.
  • Get their code into the cloud and support it there, ideally on AWS.
  • Believe in clean coding, simple solutions, automated testing and continuous deployment.
  • Like to take ownership of a feature from the original idea through to live.
  • Think (like us) that a small number of empowered developers is the right way to deliver software.

Company Benefits

  • 33 days holiday (including flexible bank holidays)
  • An extra day’s holiday for your birthday
  • 16 hours paid volunteering time a year
  • Part-time and/or flexible hours available for most roles
  • Salary sacrifice, company enhanced pension scheme
  • Life insurance at 4x your salary
  • Hybrid/remote working
  • Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton
  • Generous family-friendly policies
  • Varied social groups set up and run by our employees
  • Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
  • Access to initiatives like Cycle to Work, Salary Sacrificed Gym partnerships and Electric Vehicle (EV) leasing

Full details are available on our careers site

Interview Process

Interviewing is a two way process and we want you to have the time and opportunity to get to know us, as much as we are getting to know you! Our interviews are conversational and we want to get the best from you, so come with questions and be curious. In general you can expect the below, following a chat with one of our Talent Team:

  • Stage 1 - 30 mins with one of the team
  • Stage 2 - Take home challenge
  • Stage 3 - 90 mins technical interview with two team members
  • Stage 3 - 45 min final with an executive and a member of the people team
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