Data Scientist - Pricing UK
Data Scientist - Pricing UK

Data Scientist - Pricing UK

London Full-Time 28000 - 42000 ÂŁ / year (est.) No home office possible
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Prima

At a Glance

  • Tasks: Transform business challenges into data solutions and build predictive models for insurance pricing.
  • Company: Join Prima, a leading online motor insurance provider trusted by over 4 million drivers.
  • Benefits: Enjoy hybrid working, private healthcare, gym discounts, and tailored growth plans.
  • Why this job: Make a real impact in the insurance industry while collaborating with innovative teams.
  • Qualifications: Strong background in Mathematics, Physics, or Statistics; programming skills in Python and SQL are a plus.
  • Other info: We celebrate diversity and welcome passionate applicants, even if you don't meet every requirement.

The predicted salary is between 28000 - 42000 ÂŁ per year.

Join to apply for the Data Scientist – Pricing UK role at Prima

Join to apply for the Data Scientist – Pricing UK role at Prima

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Are you looking for a new challenge?

Fancy helping us shape the future of motor insurance?

Prima 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.

Excited to make an impact? Here are the details

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.

Think you’re a match? 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.
Prima is proud to be an equal opportunity employer. Need accommodations during the process? Email us at talent.acquisition@prima.it. Let’s build the future of insurance, together.

Seniority level

  • Seniority level

    Entry level

Employment type

  • Employment type

    Full-time

Job function

  • Job function

    Engineering and Information Technology

  • Industries

    Insurance

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Data Scientist - Pricing UK employer: Prima

At Prima, we pride ourselves on fostering a vibrant and inclusive work culture that empowers our employees to thrive. As a Data Scientist in our Pricing & Underwriting team, you'll enjoy the flexibility of hybrid working, access to tailored growth opportunities, and comprehensive wellbeing support, all while contributing to innovative solutions that shape the future of motor insurance. Join us in London, where your passion for data science can make a real impact in a rapidly growing company dedicated to transforming the insurance landscape.
Prima

Contact Detail:

Prima 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 not only help you during interviews but also demonstrate your genuine interest in the role.

✨Tip Number 2

Network with professionals in the insurance and data science fields. Attend relevant meetups or webinars to connect with people who work at Prima or similar companies. This can provide you with insider insights and potentially lead to referrals.

✨Tip Number 3

Brush up on your programming skills, particularly in Python and SQL. Consider working on personal projects or contributing to open-source projects that showcase your ability to apply these skills in real-world scenarios, which can be a great talking point in interviews.

✨Tip Number 4

Prepare for technical interviews by practising common data science problems and case studies related to pricing models. Being able to articulate your thought process and problem-solving approach will set you apart from other candidates.

We think you need these skills to ace Data Scientist - Pricing UK

Strong academic background in Mathematics, Physics, Engineering, Statistics, or a related quantitative field
Exceptional quantitative, logical, and analytical abilities
Problem-solving skills
Proficiency in Python programming
Experience with SQL for data querying and analysis
Familiarity with machine learning algorithms
Understanding of statistical modelling techniques
Ability to translate business challenges into data problems
Collaboration skills for working with cross-functional teams
Knowledge of version control using Git
Implementation of unit tests
Growth-oriented mindset and eagerness to learn

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Data Scientist role at Prima. Focus on your academic background in quantitative fields and any programming skills, particularly in Python and SQL.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for data science and how it relates to the motor insurance industry. Mention specific projects or experiences that demonstrate your problem-solving abilities and growth mindset.

Showcase Your Technical Skills: In your application, emphasise your proficiency in machine learning algorithms and any experience you have with predictive modelling. Highlight your familiarity with programming best practices, such as version control and unit testing.

Express Your Enthusiasm: Convey your excitement about the opportunity to shape the future of motor insurance at Prima. Discuss how you can contribute to their mission and your eagerness to learn and grow within the company.

How to prepare for a job interview at Prima

✨Understand the Role

Make sure you thoroughly understand the responsibilities of a Data Scientist in Pricing. 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 proficiency in programming languages, especially Python and SQL. Highlight any experience you have with machine learning algorithms and how you've applied them in real-world scenarios.

✨Prepare for Problem-Solving Questions

Expect to tackle complex problems during the interview. Practice translating business challenges into data-driven solutions, as this is a key part of the role. Think through examples where you've successfully solved similar issues.

✨Demonstrate a Growth Mindset

Express your eagerness to learn and adapt. Discuss how you stay updated with industry trends and your commitment to developing your skills in data science and programming. This will resonate well with their growth-oriented culture.

Data Scientist - Pricing UK
Prima
Location: London
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