Location
Bristol
Department
Financial Services & Insurance
Advertising Salary
Competitive Salary DOE + bonus + Hybrid working
Vacancy Type
Permanent

About The Role

Job Description

The RAC Financial Services & Insurance Department is expanding and keen to welcome you within our Bradley Stoke office in Bristol.  We are looking for a new Data Scientist - Senior Pricing Analyst Colleague to join our Insurance Pricing Team who are currently working from home.  From early 2022, we will transition to a permanent hybrid working model when colleagues will return to the office 2 days per week and work from home up to 3 times per week.

The current Insurance Pricing Team consists of a highly motivated and experienced individuals. It is a supportive team who are easy to get along with.  Within this team you will need to be pragmatic, flexible, dedicated, and thrive within a fast-paced environment.  This is a permanent role with great prospects and opportunities for the future. 

Role purpose

This Data Scientist - Senior Pricing Analyst vacancy truly offers an exciting opportunity for someone who is ambitious and looking to embark on a career in Financial Services and Insurance Pricing.  You will establish Key Relationships with Lexis Nexis, Credit agencies, DVLA and Aggregators.

 

Here at the RAC we will give you exposure to a varied workload liaising with all areas of the business on a day-to-day basis, you can expect to support the wider team in:

  • Support development of the RAC retail optimisation models
  • Define the constraints, key inputs and required output and present financial proposals for internal sign off
  • Test and manage performance of live optimisation models
  • Working with the analytics team develop optimisation models that achieve the business targets
  • Test and deploy new analytical techniques to improve the accuracy of commission optimisation models and sub models
  • Develop additional capability and data flows to improve the accuracy of the optimisation model
  • Working within agreed pricing governance processes in line with regulatory responsibility
  • Ensure modelling protects customers who are most vulnerable
  • Manage LTV model to allow quick evaluation of optimisation models

 

Qualifications

We are looking for our new Data Scientist - Senior Pricing Analyst who can evidence awareness of Data Science techniques and knowledge of WTW Radar / Earnix, Python. Where possible the RAC do like to promote and nurture our own talent but don’t worry training and support would be available to bridge any gaps of company knowledge where required. 

 

To work within our RAC Insurance Pricing team you will need to be self-motivated and have the following personal attributes Skills/Knowledge and ability to demonstrate Experience in the following areas:

  • Strong communication and negotiation skills
  • Ability to build relationships and trust
  • Well organised with good planning skills
  • Able to juggle competing priorities

 

In return, we offer:

  • An attractive salary and on target annual company bonus (If you start before 31st December 2021, you will be eligible for a £600 joining bonus)
  • Contributory pension scheme
  • Life insurance
  • 25 days annual leave with the option to purchase an additional five days
  • Free on-site parking across all 3 sites
  • Plus, free RAC Breakdown Cover along with a range of other flexible employee benefits for you to choose from

 

 

 

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