Analytics, Data Science and BI Manager

Location: Bristol  |  Bristol  |  England
Sector: Data Sciences
Consultant: John Johnston
Job Reference: 8314
Salary: £40000 - £90000
Job Status: Permanent / Full Time

Job type: Permanent

Location: Bristol

Salary: Senior Salary, plus Bonus & Benefits on offer

Closing date: 30th June 2018

Travel required: Limited travel expected

Job Description

The Analytics, Data Science and BI Manager supports the ongoing development of our pricing strategy. This role is focussed on developing and managing a small but experienced team including statisticians, analysts and data scientists who provide market leading technical optimisation and insight. 

The role is responsible for supporting the team if insurance pricing managers across Car, Home and telematics. Using multivariate statistical modelling techniques and developing data science techniques to build the models that underpin the optimisation process and telematics scoring algorithm. 

The role is key to managing the decisions to ensure the RAC achieves its drive for growth and profitability. From both a pricing and industry best practice perspective, the role holder will be expected to lead the investigations into best use of data and analytics to enhance our pricing capability and predictability of its models.

 

Role purpose

-Responsible for supporting the team of pricing managers in the development of RAC`s pricing strategy and financial plans. To support this via tailored analysis of live rates in order to maintain/ target hot strategic targets. Working closely with finance and pricing are fundamental in achieving the financial plans and goals of the business

-Developing and maintaining multivariate statistical models to enable the optimisation of our products

-Improving pricing capability by adopting market leading technology and methods to improve the effectiveness of optimisation

-Leading the delivery of pricing analyses and translation of these into practical solutions to enable decision making. Testing analytical techniques to optimise the use of our extensive data assets to optimise value and insight

-Supporting the smooth running of the team and delivery of our Pricing commitments, providing support and advice to the wider pricing team to improve overall knowledge, experience and best practice and providing insight into the performance of our insurance products

-Develop analytical projections based on pricing best practice to predict how pricing recommendations will impact the business performance in future months

-Develop the data science capability to enhance understanding of driver behaviour using a vast database of telemetry data and to identify operational processes to improve customers driving and reduce driver risk for our customers

 

Skills, Knowledge and qualifications

-Excellent technical understanding of pricing, statistical, analytical methodologies and data science techniques

-Proven pricing experience in major organisations such as insurers, insurance retailers, financial institutions or MGA`s showing ability to profitably deliver value through analytical excellence

-Proven track record of developing and delivering complex analysis/insight with recommended actions

-Strong communication skills and able to lead and develop a team of statisticians and data scientists

-Extensive analysis skills and system knowledge notably WTW Radar Optimiser, Python, R, SAS & SQL

Key Relationships:
-Insurance and Telematics pricing team

-Finance teams

-Telematics team

-External Partners

Qualifications:
-Statistical/Mathematics/Economics Degree

-Progress towards or completion of relevant professional qualification e.g. FIA, CII or MBA desirable