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We’re seeking a Pricing Modelling Analyst here at BGL Insurance with exceptionally strong analytical and modelling skills, to develop our market-leading pricing and data science strategy. You will develop and apply new, ground-breaking statistical and machine-learning approaches a to drive commercial impact and customer outcomes. You will be part of a vibrant, ambitious team of statistical analysts and data scientists, who work collaboratively to drive both immediate trading opportunities as well as long-term strategic priorities.
In this role, you’ll
- Play a key part in driving our market-leading pricing and data science strategy for life insurance
- Develop and apply new, ground-breaking statistical and machine-learning approaches to drive commercial impact and customer outcomes
- Build life insurance pricing models, delivering our income targets for all our brands (Beagle Street, Virgin Money, Budget Life) by applying predictive modelling and AI approaches
- Join a vibrant team of statistical analysts and data scientists, who work collaboratively to drive both immediate trading opportunities as well as long-term strategic priorities
What will it take to be successful as a Pricing Modelling Analyst?
- You are a forward thinker with a strong academic background, and with a graduate, or postgraduate degree in Mathematics, Statistics, Physics, or another analytical subject
- You are ambitious, creative, with very strong analytical and programming skills (e.g. in R/Python/SQL)
- You are driven to take on challenging problems and finding creative and innovative solutions to complex analytical questions
- You are rigorous, quality-conscious, with a desire to learn and apply new analytical approaches, such as Generalised Linear Models, Gradient Boosting Machines, neural-networks, or stochastic analysis
- You are confident, self-motivated, with strong communication skills
- There will be no limits to your desire to learn and develop data science and analytical skills, pushing the boundaries and wanting to deliver exceptional outcomes
This role sits within BGL Life.
About BGL life
At BGL Life we like to be different – we’ve sold life insurance products and services unique to the market since 2012. We continue to change the narrative of life insurance to be less complex and replaced it with simplicity, speed and value, allowing our customers to obtain a quote in just 60 seconds and be covered in as little as 10 minutes! Our pricing, data and digital capabilities are something to be proud of, and we recognise there’s still a lot more to be done! We’re a unique business division with a start-up feel, operating within an established fintech organisation with clear goals to disrupt the markets where we operate.
About us
BGL Insurance is a leading digital distributor of insurance to more than three million customers, BGL Insurance provides a range of motor, home and life insurance products in partnership with several of the best-known brands in UK financial services and through own brands Budget Insurance, Dial Direct and Beagle Street, all supported by state-of-the-art, award winning, contact centres and market leading digital platforms.
With almost 2,000 colleagues across three sites in Peterborough, Sunderland and Wakefield, BGL Insurance uses its passion, scale and expertise for the benefit of its customers, offering unrivalled value, ease and confidence.
Diversity and inclusion
We're a diverse community of dedicated, innovative and talented professionals. Inclusive by instinct, we encourage our people to create and share ideas – supporting their growth and celebrating their uniqueness. We're proud to be an equal opportunity employer and stand firmly against discrimination of any kind.
Hybrid working
BGL Insurance has a hybrid approach to working. For most colleagues, this means being in the office two or three days a week and the rest of the time working from wherever’s best for them and their team.
