In this role you will design and own technical pricing models to drive profitable growth for Hiscox UK. You’ll work within the UK Pricing team to turn data into actionable pricing insights that influence underwriting decisions and portfolio strategy. The position blends deep analytical work with commercial judgment, collaborating with underwriting, distribution and finance to deliver market-leading risk selection. You will develop, monitor and embed pricing models and support cross-functional pricing initiatives that shape the UK book. This is a hands-on, impact-focused opportunity in a hybrid, collaborative culture.
Pay / Benefits
hybrid working
flexible working where possible
London office hub (two–three days onsite)
inclusive culture
career development
collaborative environment
Responsibilities
Design and refine data models to produce standardized inputs for pricing models
Own end-to-end technical pricing models from creation to deployment
Develop models predicting claims frequency/severity and customer behaviours using GLMs and ML
Maintain and review a regular model performance cycle to trigger updates
Ensure infrastructure enables access to pricing insights and aligns with UK strategy
Establish feedback loops with Heads of Underwriting for model improvement
Produce regular performance reporting for CUO and Heads of Underwriting
Own pricing recommendations and model performance for assigned products
Act as a point of contact for Underwriting Managers and Heads of Underwriting
Support and help implement new technologies (cloud data warehouses, data-visualisation, pricing software)
Coach and mentor less experienced team members
Key requirements
Graduate calibre with at least three years of experience in a similar role
Strong statistical skills applied in a business context
Excellent analytical and pragmatic problem-solving abilities
High proficiency with data-analysis tools such as Excel and SQL
Knowledge of Python, Emblem and SAS for modelling
Experience with end-to-end construction of technical pricing models
Strong numerical abilities and data manipulation skills
Experience collaborating with stakeholders and building relationships
Excellent communication skills to explain complex concepts to diverse audiences
Deadline-oriented, proactive, curious and self-starting
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