INSHUR is hiring a
Pricing Lead in United Kingdom

Logo of INSHUR
Pricing Lead
🏢 INSHUR
💵 ~$130k-$190k
📍United Kingdom
📅 Posted on Jun 11, 2024

Summary

The job is for a Pricing Lead at INSHUR, a fast-growing global provider of insurance for the on-demand economy. The role involves end-to-end pricing process, ensuring loss ratio targets are met, maximizing business volume and value, monitoring business performance, reviewing insurance profitability, managing carrier relationships, and providing analytical support to the rest of the business. The position is based in Brighton with a hybrid work model.

Requirements

  • Have worked in a Pricing environment within motor insurance
  • Are a qualified or nearly qualified actuary
  • Have plenty of experience using SQL, as well as some R or Python
  • Have built and worked with pricing models such as generalised linear models (GLMs), gradient boosting models (GBMs) and other machine learning algorithms
  • Have experience understanding loss ratio profitability
  • Know the benefits of price optimisation and how to use it in practice
  • Understand the commercial needs of stakeholders both internally and externally
  • Are passionate about data, modelling and analytics
  • Understand the value of data in a commercial environment

Responsibilities

  • End-to-end pricing process, starting from analysing, modelling and making proposals, all the way to implementing changes and then monitoring the impact
  • Ensuring ultimate loss ratio targets are met
  • Maximising growth of GWP and revenue
  • Monitoring business performance
  • Reviewing insurance profitability by developing loss ratios to ultimate
  • Managing carrier relationships
  • Manage the price change process
  • Being the Pricing representative on key company projects
  • Providing analytical support to the rest of the business
  • Optimising the commission rate
  • Developing prices for fleet business

Preferred Qualifications

  • Colleagues say you have great attention to detail
  • Colleagues say you are data driven
  • Colleagues say you can communicate well
  • Colleagues say you will go the extra mile

Benefits

  • Stock options for employees
  • Pension contributions monthly
  • Private healthcare scheme for employees and their families
  • Life Insurance
  • Up to 13 weeks of parental leave at full pay, regardless of your gender
  • Flexible working hours
  • Annual personal training allowance and regular learning opportunities
  • Monthly flexible wellbeing allowance to help you stay healthy and productive
  • Access to Employee Assistance Program
  • Offices, when open, are child-friendly, dog-friendly and fully wheelchair-accessible
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