At a Glance
- Tasks: Lead the development of innovative pricing models using advanced data science techniques.
- Company: Intact Insurance, a forward-thinking company transforming the insurance industry.
- Benefits: Enjoy hybrid working, flexible hours, and generous annual leave plus bonuses.
- Other info: Join a diverse team committed to growth, innovation, and community support.
- Why this job: Make a real impact in a dynamic environment while shaping the future of insurance.
- Qualifications: Experience in commercial insurance pricing models and strong programming skills required.
The predicted salary is between 60000 - 80000 £ per year.
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.
Shape the future: 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.
Grow with us: 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.
Win as Team: 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:
- Lead the development of risk and optimisation pricing models for Commercial Insurance portfolios, spanning GLMs through to modern machine‑learning and data science techniques.
- Design and implement models that support risk selection, price adequacy, portfolio optimisation, and profitability.
- Ensure models are statistically robust, commercially relevant, and aligned with underwriting and pricing strategy.
- Own model documentation, validation, monitoring, and ongoing performance review in line with governance standards.
Data Lab Leadership & Innovation
- Act as a senior technical lead within the UK Data Lab, helping define modelling standards, best practices, and ways of working.
- Identify and evaluate new data sources, modelling techniques, and optimisation approaches to enhance pricing sophistication.
- Balance innovation with pragmatism, ensuring models are scalable, explainable, and deployable in live pricing environments.
Stakeholder Collaboration
- Partner closely with Underwriting, Pricing, Actuarial, and Data Science teams to translate business problems into analytical solutions.
- Communicate complex modelling concepts clearly to non‑technical stakeholders, supporting decision‑making and buy‑in.
- Contribute to global AI / Data Science forums, sharing insights, learnings, and best practice across regions.
Mentoring & Capability Building
- Provide technical coaching and mentoring to analysts and data scientists within the Data Lab and wider pricing community.
- Help 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. As a permanent member, here’s what you can look forward to:
- 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.
Pricing Lead employer: RSA Group
At Intact Insurance, we are not just transforming the insurance landscape; we are committed to fostering a supportive and inclusive work environment where every employee can thrive. As a Pricing Lead in our new UK Data Lab, you will have access to exceptional career development opportunities, flexible working arrangements, and a culture that values innovation and collaboration, all while making a meaningful impact on our customers and communities.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Lead
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Intact Insurance. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by practising common questions related to pricing models and data science techniques. We want you to feel confident showcasing your skills and experience!
✨Tip Number 3
Showcase your passion for innovation in insurance. Talk about how you can contribute to the UK Data Lab and help shape the future of pricing and optimisation at Intact Insurance.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our team and making a difference.
We think you need these skills to ace Pricing Lead
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Pricing Lead role. Highlight your experience with GLMs, data science techniques, and any relevant programming skills. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about transforming insurance and how your background aligns with our mission at Intact Insurance. Let us know what makes you tick and why you want to join us.
Showcase Your Technical Skills:Don’t shy away from detailing your technical expertise in your application. Whether it's Python, R, or SQL, we want to know how you've used these tools in real-world scenarios. This is your moment to impress us with your analytical prowess!
Apply Through Our Website:We encourage you to apply directly through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at RSA Group
✨Know Your Numbers
As a Pricing Lead, you'll need to demonstrate your expertise in building commercial insurance pricing models. Brush up on your GLMs and data science techniques, and be ready to discuss specific examples of how you've applied these in previous roles. This will show that you can translate complex data into actionable insights.
✨Showcase Your Collaboration Skills
This role requires close collaboration with various teams like Underwriting and Data Science. Prepare to share experiences where you've successfully partnered with others to solve business problems. Highlight your ability to communicate complex concepts clearly to non-technical stakeholders.
✨Be Ready for Technical Questions
Expect questions about programming skills, particularly in Python, R, or SQL. Be prepared to discuss how you've worked with large datasets and deployed models into production. Practising coding challenges or discussing past projects can help you feel more confident.
✨Emphasise Your Leadership Qualities
As a senior technical lead, you'll need to showcase your leadership abilities. Think of examples where you've mentored others or contributed to building a strong analytics culture. This will demonstrate your capability to guide the team and foster continuous improvement.
