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    Insurance Pricing Graduate - London, United Kingdom - SAGA

    SAGA
    SAGA London, United Kingdom

    1 week ago

    Default job background
    Full time
    Description

    Job Introduction

    Insurance Pricing Graduate

    Salary - £30,000

    Permanent

    FT – 35 hours per week

    Hybrid – Home and London Hub

    Closing date – 17th January

    AICL, our in-house underwriting business is at key point in its growth plan, and your work as our new Pricing Analyst will contribute to helping our pricing capabilities become the market leading standard.

    As a graduate or recent graduate, you will come from a mathematical background, bringing with you an understanding of how to organise data and identify trends.

    With a detailed onboarding plan we will introduce you to the world of pricing and motor insurance setting you up for a successful career.

    In this role, you will work closely with your immediate pricing team to develop and monitor pricing models; prepare data for modelling, select, and apply appropriate statistical techniques and make judgements and recommendations for price changes.

    Collaboration is important for us at Saga and you will regularly interact with colleagues across both personal lines product portfolio and the wider business.

    Role Responsibility

    As one of our Pricing Analysts you will be accountable for the following areas;

  • Contributing to pricing model development and granular pricing analysis
  • Using machine learning and identifying new data sources to modernise pricing models
  • Monitoring performance of pricing models and amending where required
  • Developing management information and performing ad-hoc analysis to help inform key business decisions.
  • Becoming proficient in Radar, Emblem and Excel, and using where appropriate in analysis
  • Accurately building, testing, and deploying pricing changes
  • Identifying, understanding, and explaining emerging trends in the Motor market
  • Collaborating with other team members on project work, demonstrating enthusiasm and contributing actively to discussions.

    • The Ideal Candidate

    We are delighted to be able to offer study support for the successful applicant, therefore a strong mathematical education is essential.

  • A in either Maths or Further Maths A-Level
  • 1st or 2:1 in a mathematical or equivalent degree

    • As a Pricing Analyst you would be able to demonstrate the following skills and experience:

  • Strong numerical and statistical capabilities.
  • Knowledge of statistical modelling with GLMs and/or machine learning.
  • Excellent oral and written communication skills.
  • Knowledge of modelling software, such as Radar, Emblem, or similar systems.
  • Experienced in some programming languages such as SQL, R and Python

    • Package Description

    Everyday our colleagues deliver exceptional experiences to our customers. We believe exceptional work deserves even more exceptional rewards, that's why we have put together an amazing benefits package for all colleagues.

    We offer total flexibility over where you work you choose a place that you feel most comfortable and productive, either from home or in one of our hubs in London, Ashford or Sandwich.

    BENEFITS AVAILABLE TO ALL COLLEAGUES:

  • Our working week is 35 hours per week, these can be worked flexibly to suit your working style
  • 25 days holiday + bank holidays
  • Option to purchase additional leave up to 5 extra days
  • Pension scheme matched up to 10%
  • Life assurance policy on joining us
  • Wellbeing programme
  • Colleague discounts including family discounts on cruises and holidays
  • Range of reductions and offers from leading retailers, travel groups and entertainment companies
  • Enhanced maternity and paternity leave
  • Grandparents leave
  • Company performance related annual bonus - Up to 5%
  • Income protection
  • Access to Saga Academy, our bespoke learning platform
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