Job Purpose / Capsule:

Responsible for developing and delivering data / analytical / pricing solutions through effective day to day management of a team of analysts and optimally utilising the team.

This is to be achieved using industry leading techniques and best practice methods throughout the team. The role requires a hands on technical approach combined with making best use of and developing the team.

Typical Accountabilities:

• Lead and manage the development of effective and efficient solutions which deliver business requirements and add demonstrable value
• Ensure that all team members follow quality assurance processes and manage risk adhering to all relevant policies
• Champion the use of best practice methods and standards and ensure all team members maintain these standards
• Instill a culture of continuous improvement within the team
• Recognised expert within the department on your team’s area of expertise

Plan, design and manage the development of analysis/pricing/data/implementation capability in the ability to:

• Query large databases to extract and manipulate data that is fit for purpose
• Develop and implement predictive models / segmentations using market leading methodologies
• Continuously evaluate methodologies, understanding how they fit into the wider piece, and identify where they can be improved
• Ensure that the adundant data sources available are fully utilised across the department and identify new opportunities
• Perform detailed and insightful analysis to solve complex business problems and / or to gain a deep understanding of various business dynamics
• Deliver regular management information on specific KPI’s relating to performance
• Maintain and share a strong understanding of the wider insurance market
• Liaise with a wide range of stakeholders to communicate strategy and outputs with technical and non-technical senior management
• Represent the Analytics and Pricing Team on cross functional projects, proactively identifying how external projects impact or interact with A&P
• Remain abreast of industry best practice
• Coach and mentor a team of analysts in producing actionable and value adding solutions
• Manage a team of analysts and invest in their development
• Role model behaviours and contribute to wider analytic and customer community to maximise value from their insight
• Assist Managers in making tactical and strategic decisions
• Deputise for Analytics / Pricing Lead

Standard Accountabilities:

• To actively support and encourage at all times, compliance with their quality principles, company policies and best practice in security, legal and regulatory requirements
• To safeguard information, paying particular attention to customer and employee data and business sensitive information
• To be aware of and understand the Whistleblowing Procedure and Code of Conduct. To question and act upon concerns about malpractice or wrongdoing by following the Whistleblowing Procedure
• Ensure your own continuous professional development by participating in external networking / conferences /associations / groups, to stay current on Industry developments & innovations. Encourage, support and coach other team members in their own development
• Maintain a positive and solution oriented approach to work, providing open and honest feedback
• In all internal and external contact, present a professional and positive image of the department, the team and the company as well as maintaining mutually constructive, positive and beneficial relationships
• Take all reasonable steps to ensure appropriate confidentiality
• Undertake such other duties, training and/or hours of work as may be reasonably required and which are consistent with the general level of responsibility of this role

Education, Qualification, Skills and Experience:

Essential:

• A degree or equivalent in Mathematics, Statistics, Operational Research or a scientific discipline with strong mathematical/statistical content
• Significant experience of insurance pricing
• A track record of using statistical models and analysis in a creative way to solve business problems
• Confidence in presenting technical and marketing information in a variety of mediums to clients and colleagues. The ability to communicate to senior management level is critical
• A motivated team player who produces analysis that is actionable and delivers measurable improvements
• Experience of managing and developing a team

Desirable:

• An MSc./PhD in Mathematics, Statistics or Operational Research
• Analysis and statistical model building e.g. logistic regression, CHAID, clustering, simulation, segmentation, optimisation
• Use of Emblem, SAS, SQL, R, Python, machine learning

Critical Behaviours:

• Respect
• Accountability
• Energy
• Challenge
• Collaboration
• Organisational awareness
• Leadership

Technical Skills:

• Dedicated to analytical excellence
• Strong knowledge of, understanding of and feeling for a range of statistical techniques and concepts
• Awareness of insurance market and their best practice
• Logistic regression, clustering, decision trees, machine learning, uplift modelling
• Excellent SAS skills
• Confidence in presenting technical information in a variety of media to clients and colleagues
• The ability to communicate to senior management level