Job Description

Company Description
Here at esure Group, we\xe2\x80\x99re no strangers to change. As one of the industry leaders in the insurance business, striving to become a world class digital insurer, we\xe2\x80\x99re getting ready for more. It\xe2\x80\x99s creating great new opportunities for innovative and talented industry professionals to join us at a pivotal point in our development.


We have an excellent opportunity for a Pricing Analyst within our innovative and growing Pricing team based in Reigate! This is an exciting time to be joining us as we all work collectively towards our vision of business transformation. We are serious about fixing insurance for good through the creation of an unbeatable platform that changes customers\' views and perceptions of insurance providers. You will be part of these new foundations and, also using some data magic, create magnetic value for both our existing and future customers.
The day to day:

• Deliver changes to prices and underwriting criteria to help achieve volume and profit targets across all products, channels and brands.
• Assist in delivering pricing initiatives to make esure\xe2\x80\x99s pricing and rating capabilities market leading.
• Are developing an understanding of Pricing e.g. risk pricing, retail pricing and expenses, including how these are modelled/derived.
• Understand risk/retail models by using Radar, Emblem and alternative modelling/Data Science techniques to build and update predictive models.
• Responsible for implementing changes through the pricing algorithm as required. Ensure all rate changes are made promptly, in a controlled manner and that there are no major rate change audit issues.
• Undertake analysis to monitor key aspects of business performance, such as conversion, retention, loss ratios, and rate analysis as directed by the Pricing Manager, flagging any issues before they affect loss.
• Can understand and interrogate relevant data assets.
• Are developing a knowledge of esure products, understanding the differences between them and how they should be analysed.
• Undertake ad-hoc project work as and when requested by other parts of the business ensuring that the results are communicated appropriately.
• Manage own workload, assessing priorities and managing conflict between these.
• Effectively undertake analysis and communicate results to appropriate stakeholders.
• Be responsible for the accuracy and relevance of their analysis, checking their own work thoroughly and with minimal errors.
• Take account of FCA GIPP rules and other regulation when required.
• Take ownership of their own development.
• Build effective relationships within the esure Pricing Team.

Qualifications
We would love you to bring:

• Experience in analysis and/or knowledge of the UK Motor & Home Insurance markets.
• Degree level education or equivalent with proven numeracy skills.
• A knowledge of pricing and modelling techniques
• Experience of applying multivariate statistical and/or Data Science techniques (e.g. Regression (GLMs), Clustering, GBMs) to business problems
• Computer literate with a knowledge of statistical software such as SAS or Python would be an advantage, as well as insurance pricing software, e.g. Radar and Emblem.
• A well organised and logical approach, with attention to detail and good communication skills are essential as is the ability to demonstrate an in-depth understanding of how the business works and performs.
• The ability to communicate technical information in non-technical terms where appropriate and the ability to produce clear and concise written reports.

Additional Information
Why choose us? This is your opportunity to shape our game-changing journey and be part of something truly special! And to top it off, here are some perks to life at esure\xe2\x80\xa6

• A competitive salary that recognises your skills and potential
• A bonus scheme that celebrates your contribution to esure\xe2\x80\x99s success
• Discounts on our insurance products, for you and your family
• 25 days annual leave, plus 8 flex days to be taken as and when suits you
• Benefits just for you: our hub \xe2\x80\x93 My Benefits Box \xe2\x80\x93 is loaded with perks to choose from, so you can build a personal toolkit to support your health, wellbeing, lifestyle, and finances.
• Grow your career with us: whatever your goals, we\xe2\x80\x99ll support you with hands-on training, mentoring, a LinkedIn Learning licence, access to our exclusive Academies, regular career conversations, and expert partner resources from the likes of Women in Data and Women in Tech.
• Join our communities: our networks give you the chance to connect, learn and share with like-minded colleagues across the business \xe2\x80\x93 for work and play. So, it\xe2\x80\x99s no surprise our people consistently rate \xe2\x80\x98making friends at work\xe2\x80\x99 one of the highest scorers in our colleague engagement survey!
• More flexibility for you: we\xe2\x80\x99re a proud supporter of the ABI\xe2\x80\x99s Make Flexible Work campaign and welcome you to ask about the flexibility you need, whether it\xe2\x80\x99s part time, job sharing, or compressed hours. Our hybrid working approach also puts you in the driving seat of how and where you do your best work.
• Live a healthy lifestyle: we offer lots of support, so you feel like the best version of yourself \xe2\x80\x93 like specialist advice through our employee assistance programme, wellbeing classes, access to the My Health Advantage app, our Big Team Challenge, and learning sessions on topics like menopause.
• A helping hand to do your bit for a greener and safer world: driving good in the world couldn\xe2\x80\x99t be more important to us. That\xe2\x80\x99s why we encourage colleagues to use volunteering days to support their local communities and have lots of initiatives to help you live a greener lifestyle.
• Everyday appreciation: praise from your colleagues means the world! Our social recognition tool makes it easy to give colleagues the praise they deserve, and you could even be shortlisted for a company-wide ACE Award.

We understand some people may not apply for jobs unless they tick every box. If you are excited about joining us and think you have some of what we are looking for, even if you\xe2\x80\x99re not 100% sure we would love to hear from you.