Hiscox on cord

Hiscox

Senior Pricing Analyst

External position
London, UK
Hiring internally for Hiscox?
Insurance
Specialist insurer since 1901
Posted
3 weeks ago
Checked
cord regularly checks that external positions are still open
20 hours ago

Skills & Experience

Job roles: Business Analyst
Experience level: Senior
Core skills considered: Business Analysis, Communication software, SQL, Python, Data Analysis
Other skills considered: Excel, Stakeholder Management, Data Modeling, Data Visualisation

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 (up to 2 remote days p/w)
Visa sponsorship: Not available

Job Description

The UK Pricing team are a fundamental part of the Hiscox UK business, driving analytics and business insight that informs the direction of portfolio underwriting decisions. The UK Pricing team sits within the wider Portfolio Underwriting and Pricing function, whose primary objective is to provide pricing and underwriting services across the UK retail business, with the aim of providing market-leading risk selection and driving profitable growth across the portfolio.

The team reports directly to the UK Chief Underwriting Officer and collaborates closely with Underwriting, Distribution, Operations, Marketing, Reserving and Finance. The pricing team is split into Technical and Product-Facing analysts. Product-Facing Pricing Analysts focus more on monitoring, implementing and maintaining production prices, and work with senior stakeholders to prioritise pricing activity aligned with the UK strategy.

This role sits within the technical pricing area of the team. You will be someone who loves technical detail but can bring commercial understanding to provide insights that directly influence business decisions. Day to day, you will focus on creating, maintaining, monitoring and embedding pricing models. You will have a passion for data science and for seeing business outcomes influenced by your expertise.

As a Senior Pricing Analyst, you will drive pricing analysis and influence the growing book of non-standard high-net-worth household, motor, SME commercial and specialty lines. The Senior Pricing Analyst plays a critical role in supporting and influencing UK pricing and profitable growth.

Please note that this role does not require you to pursue, or to have previously pursued, actuarial qualifications.


What you'll be doing

  • Design and manipulate underlying data models to produce standardised data tables that form the basis of all underlying technical pricing models.
  • Act as the end-to-end architect of technical pricing models. Create models to predict claims frequency, claims severity, conversion, cancellation rates and other customer behaviours using GLMs and machine-learning techniques.
  • Own a regular reporting cycle that enables the team to compare modelled predicted behaviours with actual observed behaviours, and decide when the cycle should trigger a revision or update to the underlying models.
  • Take accountability for the infrastructure that enables the business to access technical pricing model insights, ensuring these insights are used to drive real change aligned with the UK strategy.
  • Define and establish regular feedback cycles with Heads of Underwriting to support continuous improvement and refinement of technical pricing models, enhancing the ability to select and accurately price business according to the risk presented.
  • Design, develop and produce regular reporting for the CUO and Heads of Underwriting to monitor the performance of the UK portfolio using technical pricing model outputs.
  • Take accountability for your own pricing recommendations and for the performance of all pricing models used for your products.
  • Act as a key point of contact for Underwriting Managers and Heads of Underwriting. Engage with them to understand underwriting strategy and identify how technical pricing can support their objectives. You will need to juggle conflicting priorities between senior stakeholders, build strong relationships, and influence and manage expectations.
  • Work with and support the design and implementation of new technologies, including cloud-based data warehouses, data-visualisation products and new pricing software.
  • Offer support and coaching to less experienced team members, sharing your experience and expertise to support their development.

Person specification

We are looking for an individual who is highly analytical, driven and detail-oriented, with a passion for excellent execution. You will need to be articulate and demonstrate a track record of good decision-making, working under pressure and to tight deadlines, with the ability to understand problems quickly and create and implement solutions.

Pricing experience is required for this senior analyst role. More importantly, you will have an excellent understanding of the nuances involved in performing detailed analytics, combined with a strong commercial mindset.


Our must-haves

  • Graduate calibre, with at least three years of experience and proven success in a similar role.
  • Practical application of in-depth statistical skills within a business environment.
  • Strong analytical and pragmatic reasoning skills, with an aptitude for innovative problem-solving.
  • High confidence in using data-analysis tools such as Excel and SQL.
  • Knowledge of programming and statistical tools such as Python, Emblem and SAS.
  • Experience of the end-to-end process of building technical pricing models.
  • A high level of numerical competence and excellent data-gathering and manipulation skills.
  • Experience of working closely with stakeholders and the ability to build strong working relationships.
  • Excellent communication skills, with the ability to articulate complex information to technical and non-technical audiences.
  • Deadline-oriented, hardworking, curious, passionate, enthusiastic and a self-starter.

Our nice-to-haves

  • A good understanding of Commercial Lines and/or Personal Lines insurance through various distribution channels.
  • Working towards or having attained relevant professional qualifications.
Senior Pricing Analyst at Hiscox
Position posted 3 weeks 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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