At a Glance
- Tasks: Lead our retention strategy and drive customer loyalty in the insurance industry.
- Company: Join Policy Expert, a fast-growing, innovative insurance company with a focus on customer experience.
- Benefits: Enjoy a competitive salary, hybrid work, learning budget, and enhanced parental leave.
- Why this job: Make a real impact on customer retention and shape the future of our services.
- Qualifications: Experience in improving customer retention and strong analytical skills required.
- Other info: Be part of a diverse team committed to inclusivity and personal growth.
The predicted salary is between 43200 - 72000 £ per year.
Are you ready to transform the insurance industry? Policy Expert is a forward-thinking business that loves to get things done. Leveraging proprietary technology and smart data, we offer reliable products and a wow customer experience. Having achieved rapid growth since being founded in 2011, we’ve won over 1.5 million customers in Home, Motor and Pet insurance and have been ranked the UK’s No.1-rated home insurer by Review Centre since 2013.
We are looking for a highly commercial, analytically strong Retention Commercial Manager to take full ownership of our retention strategy and deliver a step change in performance. This role is ideal for an individual who thrives on autonomy, is comfortable setting their own agenda, and is motivated by creating tangible commercial impact.
You will define the roadmap, lead data-driven decision making, and work cross-functionally to improve customer retention, lifetime value, and overall customer experience across our UK insurance portfolio.
- Own the Retention Strategy & Roadmap: Set and deliver the end-to-end retention strategy, ensuring it aligns with commercial, pricing and customer goals. Define the retention improvement roadmap and take accountability for execution and measurable performance uplift. Proactively identify commercial opportunities to enhance retention, profitability, and customer lifetime value.
- Deliver Data-Driven Insight & Performance Leadership: Monitor, analyse and explain retention performance, customer behaviour and market trends. Build deep insight using internal and external data sources to identify opportunities, diagnose issues and steer action. Lead trading/retention performance discussions, presenting clear, insight-driven recommendations to senior stakeholders.
- Shape the Customer Experience: Optimise the renewal journey across digital, documentation, comms and operational processes. Partner with Pricing, Operations, Propositions, Risk and other teams to test, develop and launch initiatives that improve renewal outcomes.
- Drive Commercial Impact: Use data and commercial instinct to make confident decisions in ambiguous or fast-changing conditions. Support the development of price tests, customer interventions and targeted trading actions. Ensure initiatives deliver against KPIs including retention rate, loss ratio, risk mix and customer lifetime value.
- Cross-Functional Influence & Leadership: Act as the business’ subject matter expert for customer retention. Bring stakeholders together to align on performance, priorities and actions. Communicate complex insight in simple, compelling language to senior leaders.
Who are you:
- Proven experience improving customer retention performance, ideally within UK general insurance.
- Highly numerate with strong analytical capability—comfortable working with large datasets, MI, and complex commercial drivers.
- Ability to derive insight quickly and translate data into actionable initiatives.
- Comfortable working independently, setting your own agenda, and leading delivery without close direction.
- Natural curiosity and a proactive approach to uncovering new insight or opportunities.
- Ability to balance long-term strategic thinking with hands-on delivery.
- Commercial instinct to make impactful decisions in uncertain or dynamic trading environments.
- Strong communication and stakeholder management skills, with the ability to challenge, influence and gain buy-in at senior levels.
- Experience collaborating across Pricing, Operations, Marketing, Risk or Propositions functions.
- Experience with analytical tools (e.g., SQL, Python, Tableau, advanced Excel).
- Understanding of pricing models, customer behaviour dynamics and renewal performance levers.
- Background in regulated financial services environments.
Why This Role Matters: This is a high-impact role where you will own one of the most critical drivers of growth and profitability, shaping the future of our customer experience and ensuring we deliver exceptional value for customers and the business.
This role will be based in our London office in a 50/50 Hybrid mode.
We match your pension contributions up to 7%.
Learning budget of £1,000 a year + Study leave (with encouragement to use it).
Enhanced maternity & paternity.
Travel season ticket loan.
Access to a wide selection of London O2 events and use of a Private Lounge.
What We Stand for and Next Steps: We pride ourselves on being an equal opportunity employer. We treat all applications equally and recruit based solely on an individual’s skills, knowledge, and experience. The quality and growing diversity of our team is a testament to this commitment. At Policy Expert, we are committed to fostering an inclusive and supportive environment for all candidates. If you require any reasonable adjustments during the interview process to accommodate your needs, please do not hesitate to let us know. We are dedicated to ensuring every candidate has an equal opportunity to succeed and will work with you to provide the necessary support. We aim to be in touch within 14 working days of your application – you will be notified if successful or unsuccessful. Please be encouraged to apply even if you do not meet all the requirements. Interested in building your career at Policy Expert? Get future opportunities sent straight to your email.
Retention Commercial Lead employer: Policy Expert
Contact Detail:
Policy Expert Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Retention Commercial Lead
✨Tip Number 1
Network like a pro! Reach out to people in the insurance industry, especially those at Policy Expert. A friendly chat can open doors and give you insider info on what they're really looking for.
✨Tip Number 2
Prepare for the interview by diving deep into data-driven insights. Brush up on your analytical skills and be ready to discuss how you can use data to improve customer retention. Show us you mean business!
✨Tip Number 3
Don’t just talk about your experience—bring it to life! Use real examples of how you've improved retention or driven commercial impact in past roles. We love hearing about tangible results!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, we’re all about making the process smooth and straightforward for you.
We think you need these skills to ace Retention Commercial Lead
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in customer retention and analytics. We want to see how your skills align with our goals, so don’t hold back on showcasing your achievements!
Show Your Analytical Skills: Since this role is all about data-driven decision making, include examples of how you've used data to improve retention or customer experience in the past. We love numbers, so let them do the talking for you!
Be Authentic: Let your personality shine through in your application. We’re looking for someone who thrives on autonomy and has a proactive approach, so don’t be afraid to share your unique perspective and ideas.
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 this exciting opportunity. Plus, it’s super easy!
How to prepare for a job interview at Policy Expert
✨Know Your Numbers
As a Retention Commercial Lead, you'll need to be highly numerate. Brush up on your analytical skills and be prepared to discuss how you've used data to drive retention strategies in the past. Bring examples of how you've turned insights into actionable initiatives.
✨Understand the Customer Journey
Familiarise yourself with the entire customer experience, especially the renewal journey. Be ready to share ideas on how to optimise this process and improve customer satisfaction. Think about specific initiatives you've implemented that enhanced customer retention.
✨Showcase Cross-Functional Collaboration
This role requires working closely with various teams like Pricing, Operations, and Marketing. Prepare to discuss your experience in collaborating across departments and how you’ve influenced stakeholders to align on performance and priorities.
✨Communicate Clearly and Confidently
You’ll need to present complex insights to senior leaders in a simple way. Practice explaining your past projects and results succinctly. Use clear language and focus on the impact of your work to demonstrate your communication skills.