At a Glance
- Tasks: Analyse telematics data and enhance pricing strategies using innovative coding techniques.
- Company: 1st Central, a leading insurance company with a vibrant culture.
- Benefits: Great perks, supportive environment, and opportunities for professional growth.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: First-Class Honours degree in a numerical discipline and coding experience.
- Other info: Energetic workplace with a focus on employee well-being and development.
The predicted salary is between 28800 - 43200 £ per year.
We’re 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. We are looking to recruit a bright and innovative graduate to join our telematics pricing team. You will have the opportunity to develop your analytical skills, learn pricing techniques, software and coding packages, and use your problem-solving skills to manage risks and improve our pricing.
In this role you’ll deliver high-quality analysis and modelling to extract maximum value from our telematics data and to enhance pricing. We’re looking for a Graduate Telematics Pricing Analyst to join our Underwriting team in either our Salford Quays, Manchester or Haywards Heath, West Sussex offices.
Responsibilities
- Writing efficient, well-documented code to create modelling datasets, produce regular reporting and ad-hoc analysis using Python, SAS, SQL, Excel or other software packages.
- Creating an innovative approach which drives the business forward by introducing new analytical and visualisation methods using Power BI.
- Production of monthly reports using Excel and PowerPoint.
- Assessing new data sources from third parties to derive features that are predictive of claims experience.
- Monitoring, maintaining, updating and proactively identifying ways to improve existing predictive models using Python, Emblem, Radar and other software packages.
- Collaborating with other pricing teams to establish best pricing and modelling practices.
- Supporting the rate changing process (analysis, proposal, and implementation).
- Sharing knowledge online during team meetings and in-person presentations on away days.
- Developing your own skills and knowledge to achieve current and future business requirements.
- Complying with the requirements, and acting in accordance with, the Group Code of Conduct and Fitness and Propriety policies at all times.
- Ensuring compliance with Company Policies, Values and guidelines and other relevant standards/regulations at all times.
- Any other reasonable duties.
Qualifications
- A First-Class Honours degree in Mathematics, Statistics, Actuarial Science, or a closely related discipline.
- Strong foundation in Mathematics, evidenced by achieving an A grade at A-Level or equivalent overseas qualification.
- Hands-on coding experience, with proficiency in one or more programming languages such as Python, R, or SQL.
Skills
- Strong technical skills – with an undergraduate or a graduate degree in a numerical discipline.
- Understanding of any coding languages, such as R, Python, SAS and SQL.
- Understanding of statistical modelling using GBMs / GLMs.
- Understanding of data science concepts and tools would be advantageous.
- Understanding of insurance pricing and products.
- Intermediate IT skills.
- Use of MS Word, Excel and PowerPoint.
Soft Skills
- Ability to influence and educate stakeholders through verbal and written communications.
- Ability to remain logical, flexible and positive during busy and less-busy periods.
- Ability to produce high-level and low-level analysis.
- Ability to work on own initiative and as part of a team.
- Ability to learn and be enthusiastic towards new technologies.
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.
We’re passionate about our colleagues and know the best people deserve an extraordinary working environment. Our workplaces are energetic, inspirational, and supportive.
Graduate Telematics Pricing Analyst in Manchester employer: First Central Services UK Ltd
Contact Detail:
First Central Services UK Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Graduate Telematics Pricing Analyst in Manchester
✨Tip Number 1
Network like a pro! Reach out to current employees on LinkedIn or attend industry events. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for interviews by practising common questions and showcasing your coding skills. We want to see how you think, so be ready to solve problems on the spot!
✨Tip Number 3
Show off your analytical skills! Bring examples of your past work or projects that highlight your ability to use data effectively. This will set you apart from other candidates.
✨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 team.
We think you need these skills to ace Graduate Telematics Pricing Analyst in Manchester
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Graduate Telematics Pricing Analyst role. Highlight your coding skills, analytical experience, and any relevant projects or coursework that align with the job description. We want to see how you fit into our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about telematics and insurance pricing. Share specific examples of your skills and experiences that make you a great fit for us. Remember, we love enthusiasm!
Show Off Your Technical Skills: Since this role involves coding and data analysis, be sure to mention your proficiency in Python, SQL, or any other relevant software. If you've worked on projects using these tools, give us the details! We’re keen to see your technical prowess.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of it. Plus, you’ll get to explore more about our company culture while you’re there!
How to prepare for a job interview at First Central Services UK Ltd
✨Know Your Numbers
Brush up on your mathematical and statistical knowledge. Since this role requires a strong foundation in these areas, be prepared to discuss relevant concepts and how you've applied them in your studies or projects.
✨Show Off Your Coding Skills
Make sure you can talk confidently about your coding experience, especially with Python, SQL, or R. Bring examples of projects where you've used these languages to solve problems or create models, as this will demonstrate your hands-on skills.
✨Understand the Insurance Landscape
Familiarise yourself with basic insurance pricing concepts and telematics data. Being able to discuss how data influences pricing decisions will show that you're not just technically savvy but also understand the business context.
✨Communicate Clearly
Practice explaining complex ideas in simple terms. You'll need to influence stakeholders, so being able to articulate your thoughts clearly and concisely is key. Consider doing mock interviews to refine your communication style.