Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead pricing strategies and optimise models to enhance customer satisfaction and profitability.
- Company: 1st Central, a top insurance company known for innovation and excellent service.
- Benefits: Hybrid working, competitive salary, and opportunities for professional growth.
- Why this job: Shape the future of pricing in insurance while making a real impact on customer experience.
- Qualifications: Degree in Maths, Physics, or Computer Science; skilled in SQL and Python.
- Other info: Join a dynamic team with a focus on collaboration and continuous improvement.
The predicted salary is between 36000 - 60000 £ per year.
We are 1st Central, a market-leading insurance company utilising smart data and technology at pace. Rapid growth has been based on giving our 1.4 million customers exactly what they want: great value insurance with an excellent service. And that’s the same for our colleagues too; we won Insurance Employer of the Year at the British Insurance Awards and our Glassdoor score is impressive.
We’re looking for a Pricing Lead who is confident with data, skilled in building models and motivated to shape how we turn insight into positive commercial outcomes while keeping the customer at the centre of every decision. You’ll use your judgement to spot opportunities that others might miss. That could mean improving the way we build models, strengthening our pricing algorithm, or finding smarter ways to optimise performance. You’ll be trusted to challenge how things are done today and introduce changes that create genuine value for the business.
Hybrid working is part of how we operate. You’ll spend most of your time working where you work best, whether that is at home or in one of our offices in Salford Quays, Manchester or Haywards Heath, West Sussex. There are no fixed office days for the Retail Pricing team. You will only be expected to attend wider Pillar or Department meetings, usually once a quarter.
Core skills we’re looking for to succeed in the role:
- Education: BSc or MSc in Maths, Physics, Computer Science, or a similar discipline
- Languages: SQL, Python
- Software: Excel, Emblem, Radar, SAS, Databricks (or equivalent)
- Management: Azure DevOps or Atlassian products, GitHub
- Analytical: Mathematics, statistics, strong problem-solving skills
- Communication: Verbal (stakeholder sign-off meetings) and written (Confluence/PowerPoint)
- Industry: Experience working in personal lines insurance
What’s involved:
- Lead workstreams within the retail pricing team, overseeing model build and advising on long term strategy of the team.
- Solve key company questions, and provide collaboration, insight, and market advantage by producing recommendations and reports that maximise customer satisfaction and profitability.
- Deliver key enablers across the business using project management techniques.
- Implement mathematical and statistical techniques including optimization, generalised linear modelling, and non-linear methods to improve the performance of the company.
- Provide input and advice into company strategy and the effective implementation of that strategy to meet company requirements.
- Perform data enrichment to deliver actionable value-creating insights.
- Manage rate changes and implementation of new models and pricing algorithms.
- Pro-actively seek ways to improve existing processes in the Retail Pricing Team.
- Implement and advise on strategy, with particular focus on customer behaviour and motor insurance market dynamics.
- Recruit, develop.
Pricing Lead employer: First Central Insurance Management Ltd
Contact Detail:
First Central Insurance Management Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Lead
✨Tip Number 1
Network like a pro! Reach out to people in the insurance industry, especially those who work at 1st Central. A friendly chat can open doors and give you insights that might just help you land that Pricing Lead role.
✨Tip Number 2
Show off your skills! If you’ve got experience with SQL, Python, or any of the software mentioned, make sure to highlight that in conversations. We want to see how you can use your data skills to make a real impact.
✨Tip Number 3
Prepare for those interviews! Brush up on your problem-solving skills and be ready to discuss how you’d tackle real-world pricing challenges. We love candidates who can think on their feet and bring fresh ideas to the table.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our awesome team at 1st Central.
We think you need these skills to ace Pricing Lead
Some tips for your application 🫡
Show Off Your Data Skills: Make sure to highlight your experience with data analysis and model building in your application. We want to see how you've used your skills to drive positive outcomes, so share specific examples that demonstrate your expertise!
Keep the Customer in Mind: Remember, our customers are at the heart of everything we do. In your written application, emphasise how your decisions and strategies have positively impacted customer satisfaction. This will show us you understand our core values!
Be Clear and Concise: When writing your application, clarity is key! Use straightforward language and avoid jargon where possible. We appreciate a well-structured application that gets straight to the point while showcasing your personality.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about our company culture!
How to prepare for a job interview at First Central Insurance Management Ltd
✨Know Your Numbers
As a Pricing Lead, you'll be expected to handle data like a pro. Brush up on your SQL and Python skills before the interview. Be ready to discuss how you've used these tools in past roles to build models or optimise pricing strategies.
✨Showcase Your Problem-Solving Skills
Prepare examples of how you've tackled complex problems in the past. Think about specific instances where your analytical skills led to significant improvements in pricing or customer satisfaction. This will demonstrate your ability to spot opportunities that others might miss.
✨Communicate Clearly
You'll need to convey your insights effectively, so practice explaining your thought process in simple terms. Whether it's during stakeholder meetings or in written reports, clarity is key. Consider preparing a short presentation on a past project to showcase your communication skills.
✨Embrace Change
1st Central values innovation, so be prepared to discuss how you've challenged the status quo in previous roles. Share examples of how you've introduced changes that created value for your team or company, especially in the context of pricing algorithms or model building.
