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Retail Pricing Analyst at Zego | London

ZegoLondon, England, United Kingdom
On-site Full-time

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Experience Level

Experience

Qualifications

To excel in this role, candidates must possess:Strong experience in Python programming and modern technical stacks. A background in sophisticated pricing or actuarial functions, ideally within the motor insurance industry. A willingness to embrace new optimization techniques to drive business success. A track record of maintaining pricing integrity while balancing commercial goals.

About the job

Zego is revolutionizing the world of motor insurance, ensuring that responsible drivers are not held back by outdated systems. We understand that traditional motor insurance can be overly complex and expensive, ignoring the true driving behavior of individuals.

Since our inception in 2016, we have dedicated ourselves to providing the most affordable insurance options for conscientious drivers. Our diverse clientele ranges from van drivers and gig economy workers to everyday car users, all of whom are central to our mission.

Having successfully sold millions of policies and secured over $200 million in funding, we are just getting started on our journey.

Role Overview

As a Retail Pricing Analyst, your mission will be to implement and enhance our pricing optimization strategy. You will act as the crucial link between sophisticated technical algorithms and their real-world market applications. This role is perfect for an analyst with a robust background in insurance, especially within a large personal-lines insurer, who is eager to transition into a dynamic, Python-driven environment that is reshaping motor insurance pricing.

Your Responsibilities

  • Developing and optimizing retail pricing strategies across UK and European markets to achieve essential business KPIs.
  • Evaluating customer price sensitivity and churn patterns to suggest pricing adjustments that enhance lifetime value and improve portfolio performance.
  • Tracking the effectiveness of optimized pricing and delivering detailed analyses to the Director of Pricing and senior leadership teams.
  • Leading the pricing strategies for new and innovative products, ensuring competitive and mathematically robust market entries.

Qualifications for Success

  • Proficient in Python programming; familiarity with modern coding environments is essential.
  • A background in a complex pricing or actuarial role, preferably within the motor insurance sector.
  • A strong desire to innovate beyond traditional pricing methodologies and utilize contemporary optimization techniques for business expansion.
  • A proven ability to balance commercial objectives with pricing integrity and stability in loss ratios.

About Zego

At Zego, we pride ourselves on redefining motor insurance with a focus on customer-centric solutions. Our innovative approach is built on the commitment to support good drivers through simplified, cost-effective insurance policies. With a vibrant culture that promotes inclusivity and collaboration, our team works together to achieve remarkable results.

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