At a Glance
- Tasks: Join our telematics pricing team to analyse data and enhance insurance pricing.
- Company: 1st Central, a leading insurance company with a vibrant culture.
- Benefits: Great perks, supportive environment, and opportunities for professional growth.
- Why this job: Make an impact with smart data and technology in a rapidly growing company.
- Qualifications: First-Class Honours degree in a numerical discipline and coding experience.
- Other info: Dynamic team atmosphere with excellent career development opportunities.
The predicted salary is between 28800 - 48000 £ 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. And that’s the same for our colleagues too; we won Insurance Employer of the Year at the British Insurance Awards 2024 and our Glassdoor score is pretty mega too!
We are looking to recruit a bright and innovative graduate to join our telematics pricing team. You\’ll be working with stakeholders across the business with vast amount of experience in the telematics product and insurance pricing to support you. You will have 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.
Core skills we’re looking for to succeed in the role:
- 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
- Hands-on coding experience, with proficiency in one or more programming languages such as Python, R, or SQL
What’s involved:
Data:
- Writing efficient, well documented code to create modelling datasets, produce regular reporting and adhoc analysis using Python, SAS, SQL, Excel or other software packages
- Create an innovative approach which drives the business forward by introducing new analytical and visualization methods using Power BI
- Production of monthly reports using Excel an PowerPoint
Pricing:
- Assess new data sources from third parties to derive features that are predictive of claims experience.
- Monitor, maintain, update and proactively identify ways to improve existing predictive models using Python, Emblem, Radar and other software packages
- Collaborate with other pricing teams to establish best pricing and modelling practices.
- Support the rate changing process (analysis, proposal, and implementation).
Other responsibilities:
- Sharing of knowledge online during team meetings and in-person presentations on away days.
- Develop your own skills and knowledge to achieve current and future business requirements.
- Comply with the requirements, and act in accordance with, the Group Code of Conduct and Fitness and Propriety policies at all times.
- Ensure compliance with Company Policies, Values and guidelines and other relevant standards/ regulations at all times.
- Any other reasonable duties.
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 advantages
- 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 period
- 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’ve received some great feedback from colleagues on Glassdoor. Don’t believe us?Check out our reviews for yourself!
What can we do for you?
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 .
Intrigued? Our Talent team can tell you everything you need to know about what we want and what we’re offering, so feel free to get in touch.
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Graduate Telematics Pricing Analyst employer: First Central
Contact Detail:
First Central Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Graduate Telematics Pricing Analyst
✨Tip Number 1
Network like a pro! Reach out to current employees on LinkedIn or at networking events. Ask them about their experiences and any tips they might have for landing a role in the telematics pricing team.
✨Tip Number 2
Prepare for your interview by brushing up on your coding skills. Since you'll be using Python, R, or SQL, practice some coding challenges to show off your technical prowess during the interview.
✨Tip Number 3
Showcase your analytical skills! Bring examples of past projects or coursework where you used data analysis or modelling techniques. This will help demonstrate your ability to deliver high-quality analysis.
✨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!
We think you need these skills to ace Graduate Telematics Pricing Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Graduate Telematics Pricing Analyst role. Highlight your relevant skills, especially in Mathematics and coding languages like Python or SQL. We want to see how your background fits with what we do!
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 analytical skills and how you can contribute to our team at 1st Central.
Show Off Your Coding Skills: Since coding is a big part of this role, don’t forget to mention any projects or experiences where you've used programming languages. We love seeing practical applications of your skills, so include any relevant coursework or personal projects!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing candidates who take the initiative to connect with us directly!
How to prepare for a job interview at First Central
✨Know Your Numbers
Brush up on your mathematical skills and be ready to discuss how you've applied them in real-world scenarios. Be prepared to explain concepts like statistical modelling or predictive analytics, as these will be crucial for the Graduate Telematics Pricing Analyst role.
✨Show Off Your Coding Skills
Make sure you can talk confidently about your coding experience, especially with Python, R, or SQL. Bring examples of projects where you've used these languages to solve problems or create models, as this will demonstrate your hands-on experience.
✨Understand the Business
Familiarise yourself with 1st Central's approach to telematics and insurance pricing. Research their products and recent developments in the industry so you can discuss how your skills align with their goals and how you can contribute to their success.
✨Prepare Questions
Think of insightful questions to ask during the interview. This could be about the team dynamics, the tools they use, or how they measure success in the role. It shows you're genuinely interested and have done your homework!