Who we are
We are not your average insurance company; in fact, we strive to be different. You will not find strict dress codes, jargon-filled documents, or unrealistic targets here. What you will find is a welcoming culture, a clear vision and teams of passionate people doing their best for our customers.
LV= GI is a large, multi-award-winning general insurance company, with nearly 7 million customers and aspirations for future growth. Having recently become part of the Allianz family, we’re proud to be one of the largest personal insurers in the UK.
Role Description
LV=GI have a new opportunity for a Principal Pricing Analyst within our Motor Technical Pricing team covering our office in Croydon.
About you
We don't expect you to know everything from day one, but the following will enable you to hit the ground running:
- Solid knowledge of relevant statistical modelling methods – in particular GLMs
- Knowledge of relevant machine learning techniques – in particular GBMs
- Proven experience in working with large data sources
- Good command of Python, SQL, SAS or similar coding languages
- Experience of Willis Towers Watson software such as Radar or Emblem
- Good understanding of the various elements of a Technical Price, including business expenses, other costs and actuarial/inflation assumptions
- Good stakeholder management skills, including communication, expectation management and the ability to convey technical concepts to a non-technical audience
- Ability to build and maintain relationships throughout both the Pricing Department and the wider business
In addition you will be quick to learn, with the ability to prioritise activities and work accurately to tight deadlines, always remaining responsive to the needs of the business
Ideally you will hold a highly numerate degree, and have experience of applying your knowledge in a business environment. A background in either Motor or Home General Insurance Pricing is helpful but not essential.
The Details
Your role will vary day to day, but here is a bit of what you can expect:
- Assist in planning and carrying out risk model updates – continually looking to improve data and processes
- Work with different teams and stakeholders to achieve an understanding of their needs, data requirements and expected modelling outcomes
- Get hands-on with data from its source right through to modelling and then implementation in rating
- Analyse data, interpret output and communicate results to a non-technical audience
- Build and test Statistical models and machine learning algorithms
- Work with Data Enrichment team to obtain and use third-party and internally-generated data sources to enhance models
- Support the business in the deployment of its data solution
- Assist in coaching and developing other colleagues within the team to ensure constant up-skilling.
What we can offer you
Recognised and rewarded for a job well done, we have a range of flexible benefits for you to choose from- so you can pick a package that’s perfect for you. We also offer flexible working options, global career opportunities across the wider LV=GI Group, and fantastic career development and training. That’s on top of enjoying all the benefits you’d expect from the world’s number one insurance brand, including:
- 30 days' holiday
- A competitive pension for which LV= will pay twice the amount you pay, up to 14%
- An annual bonus scheme based on company and personal performance
- A flexible benefits package (e.g. discounted retail vouchers, great value dental insurance)
- Private medical insurance which you can upgrade to family cover
- ElectriX EV salary sacrifice scheme
- A generous 25% discount off our general insurance products including home, pet and travel as well as up to 50% discount on your car insurance.
Our Ways of Working
Do you need some flexibility with the hours you work? Let us know as part of your application and if it’s right for our customers, our business and for you, then we’ll do everything we can to make it happen.
We are signatories of the ABIs flexible working charter. We believe in supporting hybrid work patterns, which balance the needs of our customers, with your personal circumstances and our business requirements. Our aim with this is to help innovation, creativity, and you to thrive - Your work life balance is important to us.
Our Purpose and Values
We secure your future
Be Brave | With Heart | Everyone Counts | Inspiring Trust
Our purpose and values are more than just words on a website - they are the why and how of LV= GI. They influence everything we do and guide us how to do it. Created by our people, for our people, they shape our culture, bring us together, and inspire us to be the best. Building an inclusive culture for us all to succeed.
Diversity & Inclusion
At LV= GI, we value diversity and inclusion and back this up with our accreditations. LV=GI is EDGE certified for gender inclusion, members of the Women in Finance Charter, members of the Stonewall Diversity Champion programme, signatories of Business in the Community’s Race at Work Charter, and an Armed Forces Covenant gold standard employer.
We have a range of employee networks focusing on gender inclusion, cultural diversity, LGBTQIA+, disability and long term health conditions (including neurodiversity), intergenerational and life stages, parents and carers, mental wellbeing, menopause support and armed forces and veterans, all supporting you to bring your best and authentic self to work.
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