At a Glance
- Tasks: Transform business challenges into data solutions and build predictive models.
- Company: Join Prima, a leading online motor insurance provider trusted by over 4 million drivers.
- Benefits: Enjoy hybrid working, private healthcare, gym discounts, and a tailored growth plan.
- Why this job: Make a real impact in a fast-paced, innovative environment with a focus on personal growth.
- Qualifications: Strong background in Mathematics, Physics, Engineering, or Statistics; analytical and problem-solving skills required.
- Other info: Diversity is celebrated; passion for the role is valued over meeting every requirement.
The predicted salary is between 43200 - 72000 £ per year.
London – United Kingdom # Data Scientist – Pricing UK## Overview## Job descriptionPrima could be the place for you.Since 2015, we’ve been using our love of data and tech to rethink motor insurance and bring drivers a great experience at a great price. Our story began in Italy, where we’ve quickly become the number one online motor insurance provider. In fact, we’re trusted by over 4 million drivers. And now we’re expanding to help millions more drivers in the UK and Spain.To help fuel that growth, we need a **Data Scientist** to join our **Pricing & Underwriting** team.This team is the strategic engine behind Prima’s growth. As part of this team, you’ll play a key role in shaping our business strategy and driving innovation. By combining advanced analytics and machine learning, you’ll help keep our pricing competitive and our risk under control. You’ll work at the intersection of data science and real-world impact, collaborating with cross-functional teams to turn insights into action.By applying for this role, you\’ll be considered for one of two global teams, and during the hiring process, we\’ll determine the best fit for your skills and expertise.What you\’ll do:- Translating business challenges into data problems and designing practical, data-driven solutions, from identifying pricing opportunities to improving how we assess risk.- Building and adapting predictive models, from traditional statistical approaches to advanced machine learning, grounded in a strong understanding of their theoretical foundations and their application to insurance pricing.- Delivering actionable solutions by translating modelling insights into production-ready tools and processes, working closely with experienced Machine Learning and Data Engineers, and leveraging cutting-edge technology and best practices.What we\’re looking for:- A strong academic background in Mathematics, Physics, Engineering, Statistics, or a related quantitative field.- Exceptional quantitative, logical, and analytical abilities, with a knack for solving complex problems.- A growth-oriented mindset, with a strong desire to learn quickly and develop expertise in data science, programming and business skills.Nice-to-have:- Proficiency in programming, particularly with Python, and experienced in data querying and analysis, particularly with SQL.- Familiarity with programming best practices, such as version control using Git and implementing unit tests.- Experience in data science with machine learning algorithms and applying them in line with industry best practices.**Why you’ll love it here:**We want to make Prima a happy and empowering place to work. So if you decide to join us, you can expect plenty of perks.**Work Your Way:** Enjoy hybrid working, with a mix of home and office days. Plus, for up to 30 days per year, work from anywhere. **Grow with us:** We may move fast at Prima, but we move together. Get access to learning resources, mentorship and a growth plan tailored to you. **Thrive and perform:** Your best work begins when you feel your best. Enjoy private healthcare, gym discounts, wellbeing programs and mental health support.**Apply now**.At Prima, we celebrate uniqueness. If you don’t meet every requirement but are passionate about this role, we still want to hear from you. Innovation thrives on diverse perspectives.Location: London – United KingdomDepartment: Pricing & UnderwritingJob function: Pricing & Underwriting UKEmployment: Permanent Employment
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Data Scientist - Pricing UK employer: Prima Assicurazioni
Contact Detail:
Prima Assicurazioni Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Data Scientist - Pricing UK
✨Tip Number 1
Familiarise yourself with the latest trends in data science and machine learning, especially as they relate to pricing strategies in the insurance sector. This knowledge will help you engage in meaningful conversations during interviews and demonstrate your passion for the role.
✨Tip Number 2
Network with professionals in the insurance and data science fields. Attend industry meetups or webinars to connect with people who work at Prima or similar companies. This can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss specific projects where you've applied data science techniques, particularly in pricing or risk assessment. Be ready to explain your thought process, the challenges you faced, and how you overcame them, as this will showcase your problem-solving skills.
✨Tip Number 4
Demonstrate your programming skills by working on personal projects or contributing to open-source initiatives. Highlight any experience with Python and SQL, as well as your understanding of best practices like version control, which are crucial for the role.
We think you need these skills to ace Data Scientist - Pricing UK
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly understand the responsibilities and requirements of the Data Scientist position in Pricing. Familiarise yourself with the key skills mentioned, such as advanced analytics, machine learning, and programming in Python.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job description. Emphasise your academic background in quantitative fields and any practical experience you have with data science and machine learning.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for data science and how it relates to the insurance industry. Mention specific projects or experiences that demonstrate your problem-solving abilities and your growth-oriented mindset.
Showcase Your Technical Skills: In your application, be sure to mention your proficiency in programming languages like Python and SQL. If you have experience with version control systems like Git or implementing unit tests, include that as well to strengthen your application.
How to prepare for a job interview at Prima Assicurazioni
✨Understand the Role
Make sure you have a solid grasp of what a Data Scientist in Pricing does. Familiarise yourself with how data science impacts pricing strategies and risk assessment in the insurance industry.
✨Showcase Your Technical Skills
Be prepared to discuss your experience with programming languages like Python and SQL. Highlight any projects where you've applied machine learning algorithms, as this will demonstrate your practical knowledge.
✨Prepare for Problem-Solving Questions
Expect to tackle some complex problems during the interview. Practice translating business challenges into data problems and think through how you would approach building predictive models.
✨Demonstrate a Growth Mindset
Express your eagerness to learn and adapt. Share examples of how you've developed your skills in data science or programming, and show that you're excited about the opportunity to grow within the company.