Pricing Lead in London

Intact Insurance is the new name for RSA in the UK, Ireland, and across Europe. It’s a new name and a new way to do business. Backed by global expertise and a commitment to service that feels different, we’re focused on making insurance simpler, faster, and more responsive.

We’re leading a transformation in insurance helping people, businesses and society prosper in good times and be resilient in bad times. When you join us, you’re not just taking a job, you’re stepping into a career where you can make a real difference.

We’re customer-driven, community-focused, and committed to helping our people grow. Whether you’re early in your journey or bringing years of experience, we’ll support you with the tools, flexibility, and opportunities to thrive.

We are establishing a UK Data Lab to accelerate innovation in pricing, risk selection, and optimisation across our Commercial Insurance portfolio. As a Pricing Lead, you will play a pivotal role in shaping this capability, leading the design and delivery of advanced pricing and optimisation models, ranging from traditional actuarial techniques (GLMs) to the latest data science and machine‑learning approaches. Your role will combine technical leadership, hands‑on model development, and close collaboration with underwriting, pricing, and data science teams to ensure analytical insight is translated into tangible commercial impact.

Your skills and experience:

• Experience building commercial insurance pricing models, ideally across multiple lines of business.
• Deep expertise in GLMs, including variable selection, interactions, diagnostics, and interpretation.
• Proven experience applying data science / machine‑learning techniques (e.g. tree‑based models, regularisation, ensemble methods) in a pricing or risk context.
• Programming skills (e.g. Python, R, SQL) and experience working with large, complex datasets.
• Ability to translate analytical output into clear commercial insight and recommendations.
• Experience with pricing optimisation, elasticity modelling, or portfolio optimisation techniques.
• Exposure to deploying models into production pricing tools or underwriting platforms.
• Experience working within a regulated insurance environment with strong model governance requirements.
• Familiarity with cloud‑based analytics environments and modern data architectures.

You’ll make an impact by:

• Leading the development of risk and optimisation pricing models for Commercial Insurance portfolios, spanning GLMs through to modern machine‑learning and data science techniques.
• Designing and implementing models that support risk selection, price adequacy, portfolio optimisation, and profitability.
• Ensuring models are statistically robust, commercially relevant, and aligned with underwriting and pricing strategy.
• Owning model documentation, validation, monitoring, and ongoing performance review in line with governance standards.

Data Lab Leadership & Innovation:

• Acting as a senior technical lead within the UK Data Lab, helping define modelling standards, best practices, and ways of working.
• Identifying and evaluating new data sources, modelling techniques, and optimisation approaches to enhance pricing sophistication.
• Balancing innovation with pragmatism, ensuring models are scalable, explainable, and deployable in live pricing environments.

Stakeholder Collaboration:

• Partnering closely with Underwriting, Pricing, Actuarial, and Data Science teams to translate business problems into analytical solutions.
• Communicating complex modelling concepts clearly to non‑technical stakeholders, supporting decision‑making and buy‑in.
• Contributing to global AI / Data Science forums, sharing insights, learnings, and best practice across regions.

Mentoring & Capability Building:

• Providing technical coaching and mentoring to analysts and data scientists within the Data Lab and wider pricing community.
• Helping build a strong pricing and analytics culture, focused on continuous improvement and knowledge sharing.

Why You’ll Love It Here:

• Being part of our team means you’ll have the support and freedom to bring your best self to work each day.
• Annual discretionary bonus.
• Up to 11% pension contributions.
• Hybrid working + flexible hours.
• 25 days annual leave + bank holidays + buy/sell options.
• Career development and mentoring.
• Inclusive culture + employee networks.
• Share investment options.

Our DEI Commitment:

We celebrate individuality and believe our differences make us stronger. We’re proud to foster a culture where everyone feels respected, valued, and empowered to thrive. As an Equal Opportunity and Disability Confident Employer, we ensure fair consideration for all applicants and offer interviews to all disabled candidates who meet the essential criteria. We understand that everyone’s circumstances are different and are happy to explore flexible working options such as reduced hours or job shares to support work–life balance. If you meet the core criteria but not every requirement, we’d still love to hear from you. Let’s explore how this role could support your next career step. If you need adjustments during the recruitment process, just let us know we’re here to support you.