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For Companies At a Glance
- Tasks: Analyse data to guide pricing strategies and partner performance for SMEs.
- Company: Join iwoca, a dynamic fintech supporting small businesses with innovative finance solutions.
- Benefits: Enjoy flexible hours, generous holiday, medical insurance, and a learning budget.
- Why this job: Make a real impact on SMEs while developing your data science skills in a supportive environment.
- Qualifications: Expertise in statistics and data manipulation; experience in quantitative fields preferred.
- Other info: Collaborative culture with fun events and opportunities for professional growth.
The predicted salary is between 60000 - 90000 £ per year.
Hybrid in London, UK
The Company
Small businesses move fast. Opportunities often don’t wait, and cash flow pressures can appear overnight. To keep going, and growing, SMEs need finance that’s as flexible and responsive as they are. That’s why we built iwoca. Our smart technology, data science and five-star customer service ensures business owners can act with the speed, confidence and control they need, exactly when it’s needed. We’ve already cleared the way for 100,000 businesses with more than £4 billion in funding. Our passionate team is driven to help even more SMEs succeed, through access to better finance and other services that make running a business easier. Our ultimate mission is to support one million SMEs in their defining moments, creating lasting impact for the communities and economies they drive.
The team
The Partnerships Strategy team supports iwoca’s commercial teams by turning partner performance and behaviour into clear, data-led guidance. The team analyses experiments and builds models to understand how pricing, commission structures, and partner engagement affect customer acquisition and profitability. The team is small and interdisciplinary, combining commercial strategy, business analysis, and data science. It works closely with partner-facing teams to translate business questions into quantitative problems and to present evidence in a way that supports sound, timely decisions.
The role
iwoca's Data Scientists specialise in supervised machine learning, statistical inference and exploratory data analysis, focusing on tabular and time-series data. Their work emphasises quantitative predictions through the analysis of conditional probabilities and expectations, using medium-sized datasets. Working in the Partnerships Strategy team, you’ll model customer price sensitivity to support pricing strategy, analyse differences in how partners operate to guide commercial treatment, and evaluate how relationship management effort translates into performance and profitability. You’ll work closely with commercial and strategy colleagues and see your analysis applied directly in day-to-day decisions.
Essential
- Expertise in probability and statistics, gained through work in a quantitative field such as Mathematics, Statistics, Physics, Engineering, or similar.
- Ability to understand business context and translate data into actionable insights that guide decisions.
- Proficiency with data manipulation and modelling tools such as pandas, statsmodels, or R.
- Experience with scientific computing tools such as NumPy or SciPy.
- Ability to work autonomously and manage analytical work from framing the question through to making a recommendation.
- Ability to communicate clearly in writing and speech, adapting technical detail to different audiences.
Bonus
- Understanding of Bayesian statistics, including interest in or experience with hierarchical models.
- Experience building or adapting statistical or machine-learning models, with an interest in understanding the underlying methods.
- Familiarity with stochastic modelling concepts as they apply to inference, time series, or uncertainty.
- Understanding of financial concepts such as pricing or deterministic cash flows.
The salary
We expect to pay from £60,000 - £90,000 for this role, depending on experience. But, we’re open-minded, so definitely include your salary goals with your application. We routinely benchmark salaries against market rates, and run quarterly performance and salary reviews.
The culture
At iwoca, we prioritise a culture of learning, growth, and support, and invest in the professional development of our team members. We value thought and skill diversity, and encourage you to explore new areas of interest to help us innovate and improve our products and services.
The offices
We put a lot of effort into making iwoca a great place to work: Offices in London, Leeds, Frankfurt, and Berlin with plenty of drinks and snacks. Events and clubs, like bingo, comedy nights, yoga classes, football, etc.
The Benefits
- Flexible working hours.
- Medical insurance from Vitality, including discounted gym membership.
- A private GP service (separate from Vitality) for you, your partner, and your dependents.
- 25 days’ holiday per year, an extra day off for your birthday, the option to buy or sell an additional five days of annual leave, and unlimited unpaid leave.
- A one-month, fully paid sabbatical after four years.
- Instant access to external counselling and therapy sessions for team members that need emotional or mental health support.
- 3% Pension contributions on total earnings.
- An employee equity incentive scheme.
- Generous parental leave and a nursery tax benefit scheme to help you save money.
- Electric car scheme and cycle to work scheme.
- Two company retreats a year: we’ve been to France, Italy, Spain, and further afield.
Continuous learning
A learning and development budget for everyone. Company-wide talks with internal and external speakers. Access to learning platforms like Treehouse.
Useful Links
iwoca benefits & policies Interview welcome pack.
Compensation Range: £60K - £90K
Data Scientist - Partnerships Strategy in Harrow employer: iwoca Deutschland
Contact Detail:
iwoca Deutschland Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Data Scientist - Partnerships Strategy in Harrow
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend meetups, and connect with current iwoca employees on LinkedIn. A personal introduction can make all the difference when it comes to landing that interview.
✨Tip Number 2
Prepare for your interviews by brushing up on your data science skills. Be ready to discuss your experience with probability, statistics, and machine learning. Show us how you can turn complex data into actionable insights that drive business decisions.
✨Tip Number 3
Don’t just focus on technical skills; showcase your ability to communicate clearly. Practice explaining your past projects and findings in a way that anyone can understand. We want to see how you can adapt your message for different audiences!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, we love candidates who take the initiative to engage directly with us. Don’t miss out on the chance to stand out!
We think you need these skills to ace Data Scientist - Partnerships Strategy in Harrow
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Data Scientist role. Highlight your expertise in probability and statistics, and any relevant experience with data manipulation tools like pandas or R. We want to see how your skills align with our mission at iwoca!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about helping SMEs and how your analytical skills can contribute to our Partnerships Strategy team. Keep it engaging and relevant to the role.
Showcase Your Projects: If you've worked on any projects that demonstrate your data science skills, make sure to include them! Whether it's a personal project or something from your previous job, we love seeing practical applications of your knowledge.
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 shows you’re keen on joining our team at iwoca!
How to prepare for a job interview at iwoca Deutschland
✨Know Your Data Science Stuff
Make sure you brush up on your probability and statistics skills. Be ready to discuss how you've applied these concepts in previous roles, especially in relation to supervised machine learning and data analysis. Prepare examples that showcase your ability to turn complex data into actionable insights.
✨Understand the Business Context
It's crucial to demonstrate that you can connect data analysis with business strategy. Think about how your work can impact customer acquisition and profitability. Be prepared to discuss how you've translated business questions into quantitative problems in the past.
✨Show Off Your Technical Skills
Familiarise yourself with the tools mentioned in the job description, like pandas, statsmodels, and R. If you have experience with Bayesian statistics or stochastic modelling, make sure to highlight that too. You might even want to prepare a mini-project or case study to showcase your skills.
✨Communicate Clearly
Since you'll be working closely with commercial teams, it's important to show that you can adapt your communication style for different audiences. Practice explaining technical concepts in simple terms, and be ready to discuss how you've effectively communicated your findings in previous roles.
