Home Retail Pricing Lead
1st Central, Haywards Heath, West Sussex
Home Retail Pricing Lead
£60000-£65000
1st Central, Haywards Heath, West Sussex
- Full time
- Permanent
- Remote working
Posted 2 days ago, 29 Mar | Get your application in today.
Closing date: Closing date not specified
job Ref: 2ab2867fcd524ff8afd9b43231544334
Full Job Description
- Launch, Develop & Optimise Pricing Algorithms & Models for New Products & Propositions (I.e - Van, Multi-Car/Product)
- Lead the development and optimisation of Customer Lifetime Value, Cross-Sell and Best Next Action capabilities.
- Learn and implement new statistical tools and techniques including generalised linear modelling and non-linear methods to improve the performance of the company
- Build, Monitor & Maintain predictive models using EMBLEM, R/Python and other software packages
- Create an innovative approach which drives the business forward by introducing new analytical methods, statistical tools, techniques and new data sources
- Development of Optimisation Techniques & Methodologies using RADAR LIVE.
- Production & maintenance of business analysis reports written in RADAR and other software packages such as R, Python, SQL
- Analyse business issues to find solutions, present findings and make recommendations to improve profitability in a clear and logical manner
- Liaise with other departments on data issues, business effects influencing company reports, business processes and operational issues
- Provide input and advice into company analysis strategy and the effective implementation of that strategy to meet company requirements
- Represent the Home Retail Pricing Manager in meetings as and when required
Insurance industry experience - Have good knowledge of either Home or Motor products
- Strong experience using RADAR and SQL
- Ability to communicate with various levels of stakeholders Nice to have skills, but optional:
- Experience using Python
- Proficient in Microsoft Excel, Strong background in statistical methods
- Experience of personal lines insurance analysis
- Experience of Radar, SQL, Emblem, Excel and advanced statistical techniques
- Proven ability to produce outstanding results based on own initiative
- Broad knowledge of statistical methods and techniques
- Good knowledge of personal lines insurance products and the insurance industry
- Solid understanding of the business objectives and operations Skills & qualifications
- Minimum 2:1 in a numerical undergraduate discipline
- Strong mathematical skills
- Strong problem-solving skills, with the ability to adopt a logical approach to solving problems
- Excellent data and statistical analysis skills
- Strong IT skills (including Excel and ideally programming skills)
- Good communication skills, both verbal and written
- Good time management and organisation skills
- Project management skills Behaviours
- Logical thinker with solid reasoning ability
- Commercially focused
- Emphasis on attention to detail and accuracy
- Quick learner
- Able to transfer skills and knowledge to others
- Self-motivated and enthusiastic
- An organised and pro-active approach
- Ability to work on own initiative and as part of a team
- A flexible approach and positive attitude
- Strives to drive business improvements to contribute to the success of the business
- Takes initiative to make decisions So, if you're up for the challenge and would like to join our vibrant and busy team, we want to hear from you today., People first. Always. We're passionate about our colleagues and know the best people deserve an extraordinary working environment. We owe it to them so that's what we offer. Our workplaces are energetic, inspirational, supportive. To get a taste of the advantages you'll enjoy, take a look at all our perks in full here.
We're First Central Insurance & Technology Group (First Central for short), an innovative, market-leading insurance company. We protect the things customers love so they can get on with what matters to them in life. Data drives us. It fuels our outstanding distribution, finance, technology and legal services. Our underwriting skills are built on data expertise; it creates the insights we need to give the right cover to the right customers at the right price. But, it's the people inside and outside our business that power us. They make us stand out, help us succeed. We're ambitious. We're growing. We've won awards. Are you a seasoned insurance professional with expertise in Home or Motor products, and advanced skills in RADAR and SQL? If so we want to hear from you! We're looking a Home Retail Pricing Lead to join our Home Retail Pricing team either working remotely or based in our Salford Quays, Manchester or Haywards Heath, West Sussex offices. In this role you'll work as part of our exciting new Home Retail Pricing Team and you'll be responsible for leading the building of new predictive models using linear and non-linear statistical techniques as well as monitoring, maintaining and updating existing statistical models. In addition, you'll solve key company questions and provide analysis, insight and competitive advantage to the company by producing recommendations, analysis and reports to maximise customer satisfaction and the profitability of the company. We're all about people and we're passionate about continuous improvement, so you'll pro-actively seek ways to improve existing processes in the Retail Pricing Team and to implement and advise on analysis strategy for the company, with particular focus on customer behaviour and insurance market dynamics.
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