Lead Discount Modeller – Insurance Pricing

Modelling Analyst (Junior & Senior) - Bristol hybrid 2 days per week - Salary negotiable dep on experience - J13084

An exciting opportunity to join a rapidly growing team, in a role which offers significant chance to influence the pricing and discount approach. You'll be supporting trading performance, profitability and customer outcomes, and bringing real value to the business.

We are recruiting for this role on both a junior and senior level, looking for individuals confident using Python and who have either worked in technical pricing before or are looking to become more experienced in this field.

This role focuses specifically on discount modelling. Using the best-in-class discounting models and expert analysis, market insight and innovation.

Working with stakeholders and pricing specialists, your work will directly shape and impact how the business prices and discounts compete in a highly regulated and competitive market.

If you enjoy solving complex pricing challenges, leading modelling activity and seeing your insight drive real commercial outcomes, this role offers a highly visible and rewarding next step in your pricing career.

Duties
• Use statistical modelling techniques with Python to predict customer behaviour such as propensity to purchase, cancel or claim
• Investigate new modelling approaches, data enrichment and techniques to improve model predictiveness
• Analyse price trials and competitor pricing data to support price and discount optimisation
• Lead the development and enhancement of discount and pricing models that drive acquisition, retention and profitability
• Support delivery of Consumer pricing strategy and initiatives across the Division
• Lead the development of forecasting models and clearly explain weekly and annual variance versus forecast
• Own data production for modelling activity, reconciling and validating datasets to ensure high-quality inputs
• Build trusted, credible relationships with senior stakeholders, compliance and leadership teams
• Explore new tools, software and techniques to improve data processing efficiency and modelling capability
• Validate pricing model performance over time, ensuring models are deployed correctly and remain effective
• Recommend and implement corrective actions where model performance deviates from expectations
• Ensure pricing and discounting activity aligns with FCA regulatory guidance
• Partner closely with other squads in the business and work with the Pricing, Finance, Marketing and Insights teams

Skills required
• Strong experience in pricing, with specific knowledge and experience of discount modelling within either insurance, banking, financial or a similar industry
• Proven experience leading discount modelling activity
• Deep technical knowledge of pricing and analytical techniques
• Experience using coding tools such as SQL, Snowflake or SAS
• Experience with visualisation tools such as Power BI or Tableau
• Strong experience with statistical modelling software

If this sounds like the role for you then please apply today!

Alternatively, you can refer a friend or colleague by taking part in our fantastic referral schemes! If you have a friend or colleague who would be interested in this role, please refer them to us. For each relevant candidate that you introduce to us (there is no limit) and we place, you will be entitled to our general gift/voucher scheme.

Datatech is one of the UK's leading recruitment agencies in the field of analytics and host of the critically acclaimed event, Women in Data. For more information, visit our website: www.datatech.org.uk