Policy Expert – Lead Risk Pricing Analyst - Home
🚀 We’re on a mission to make: The most successful insurance disruptor people want to stay with for life
Are you ready to transform the insurance industry with innovative technology? At Policy Expert, we are on a mission to revolutionize Home, Pet, and Motor insurance, making it clear, fair, and great value for customers. Since our inception in 2011, our breakthrough thinking and proprietary tech, have won us over 1.5 million customers and the title of the UK’s No.1-rated home insurance provider for 9 years. 🏆
Hear from our team about what it's like working at Policy Expert ✨
About the Pricing Team:
We are the engine behind the business, collaborating closely with our data engineering, machine learning, marketing and wider tech teams to underpin the company's growth and footprint.
We’ve got a huge amount of backing from our leadership team, allowing us to make decisions quickly and react to an ever-changing market. This autonomy gives us the edge over competition and allows us to stay nimble as we scale.
As I’m sure that you are aware, data is key, that’s why we ingest huge amounts of it from various third parties. This gives us a crystal-clear picture of our customers, leading to a best-in-class loss ratio keeping us one step ahead of the market.
Your day to day:
- Provide support in forecasting our growth and loss ratio.
- Work closely with other members of pricing to carry out regular rate reviews and monitor their impact.
- Building risk models for our Home team
- Trains and mentor others in the team
- You will be analysing large data sets, recommending initiatives and building models to execute these initiatives.
- Producing periodic reporting to senior managers.
- Work with engineers to make your ideas a reality.
- Provide analytical support in ongoing relationships with reinsurers, regulators and other partners.
- Provide pricing for the launch of multiple new products.
Who are you:
- 5+ years pricing experience in an insurer environment (preference in uk motor/home).
- 2:1 degree in numerical discipline e.g. Maths, Physics, Econometrics.
- Trained in risk models such as GLMs via software preferably WTW Emblem.
- Trained in WTW RADAR software.
- Strong data manipulation skills using SQL/Python/R/WPS or similar.
- Experience of rating update processes, performance and impact monitoring.
- Good understanding of retail price optimisation
Benefits:
📍 This role will be based in our London office in a 50/50 Hybrid mode.
💸 Generous Pension contribution scheme
🏥 Private medical & Dental cover
📚 Learning budget of £1,000 a year + Study leave (with encouragement to use it)
😁 Enhanced maternity & paternity
🚉 Travel season ticket loan
🎟️ Access to a wide selection of London O2 events and use of a Private Lounge
🌈 Employee Wellbeing Programme
What We Stand for and Next Steps “We pride ourselves on being an equal opportunity employer. We treat all applications equally and recruit based solely on an individual’s skills, knowledge, and experience. The quality and growing diversity of our team is a testament to this commitment”
At Policy Expert, we are committed to fostering an inclusive and supportive environment for all candidates. If you require any reasonable adjustments during the interview process to accommodate your needs, please do not hesitate to let us know. We are dedicated to ensuring every candidate has an equal opportunity to succeed and will work with you to provide the necessary support.
We aim to be in touch within 14 working days of your application – you will be notified if successful or unsuccessful. Please be encouraged to apply even if you do not meet all the requirements.
Useful links:
Glassdoor | Trust Pilot | Best Companies
