Pricing Data Scientist (6-12 months FTC) Insurance London Hybrid Remote

By Miles

Who are we?

Common sense says that the less someone drives, the less driving should cost them. And we agree. But back in 2018, the car insurance industry didn’t see it like that. So, we launched the UK’s first real-time pay-by-mile policies. Since then, we’ve had our members covered for a massive 500 million miles of driving. It’s been an epic journey (which is a bit ironic, since we’re helping people who don’t use their cars so much).

Along the way, we’ve gone from plucky newcomers, to being voted Best Car Insurance Provider 3 times in a row. Though we’re still very much doing things in our own, unique way – we’re now backed by Direct Line Group (alongside some of the country’s best known brands).

What we believe in.

We challenge with kindness, making sure everyone feels safe and included. We support each other.

We take time to learn so that we can improve ourselves, our colleagues and our products. We’re not afraid to make mistakes if it gives us the opportunity to grow.

We’re clear in our vision. We’re happy to challenge the status quo if it will help us make things better.

We own up, we don’t blame. We’re humble enough to take feedback on board, and respectful enough to give it. The next big idea could come from anywhere, so everyone’s opinion matters.

We consider before we start, whether that’s interrogating details to save confusion down the line, or getting help from others. We make decisions using data, not opinions, and we use our time wisely, always staying focused on the end goal.

Pricing Data Scientist

We’re looking for a Pricing Data Scientist to help us identify and implement data driven pricing changes enabling us to improve the sophistication of our pricing.

Reporting to the Lead Data Scientist, you’ll be a key part of the By Miles team, rolling out updates that are crucial to achieving our company wide goals and better serving our members. You will be working in partnership with our engineers to deliver automation of model builds throughout the stack to facilitate more frequent updates.

You’ll be a fantastic addition to By Miles if you have:

• A solid grasp of Python and SQL
• The ability to develop pricing models across a range of complexities
• The ability to understand things quickly, whilst maintaining a high level of attention to detail and accuracy
• Good at collaborating with others, both internally and externally
• Comfortable making decisions based on the available data and information
• Ability to clearly communicate complex ideas to a range of audiences
• Independently managing time and priorities, and creating clear documentation
• Flexible to adapt to changing priorities
• The ability to create predictive models using machine learning and data science techniques

Day to day you’ll be:

• Applying advanced analytics and ML techniques to drive customer acquisition, retention, and personalised offerings.
• Collaborating with various teams to align data strategies with company objectives.
• Building and refining a range of predictive models to improve pricing accuracy and competitiveness.
• Performing continuous model validation and monitoring to ensure they remain effective in improving loss ratios and revenue.
• Setting up monitoring and alerting systems to track model performance and automate updates as needed.
• Ensuring reports are customisable to meet the specific needs of different users and teams.

But it’s not all about us

It’s just as much about you. We’re an ambitious, energetic bunch and we have our sights set on great things this year. We recognise the value our people bring, with their inquisitive minds, bright ideas and fantastic attitudes, and we aim to give as much as we receive. It’s only fair.

Our benefits:

• Our people work from wherever works best for them. We have office space in central London – but if you prefer to work from home, you could be in Cornwall, Cardiff, Carlisle, or anywhere else in the UK. All you need is your talent and a stable internet connection.
• We offer an allowance to help get your workspace set up.
• We understand 9-5 isn’t for everyone, and are always willing to talk about flexible or condensed hours, part-time work and job share opportunities.
• Life’s short and the world is wide. After 3 years at By Miles, you’ll be able to take a sabbatical and put time towards anything you like knowing your role is waiting for you.
• We offer enhanced parental leave policies, regardless of gender. Primary Caregiver Leave, Secondary Caregiver Leave, Adoption Leave, Parental Leave and Shared Parental Leave.
• Compassionate leave, Parental Bereavement Leave – When the worst happens, we want you to take the time you need without worrying about money or work.
• You’ll get 26 days of annual leave a year (plus bank holidays on top).

As well as offering flexibility in your role, we’re committed to helping you get to where you want to be – professionally and as a person. As part of the By Miles team, you’ll get access to:

• Flexible benefits worth £100 a month. This can be put towards anything you feel will increase your wellbeing.
• Access to 16000+ online courses through our Learning & Development platform.
• Access to coaching from our incredible in-house coach.
• Access to on-demand mental health support.
• Private health insurance.

Salary: £55,000 – £65,000+ flexible benefits

Location: Work from anywhere in the UK, with full access to our offices in London, Leeds, Bristol, Manchester, Birmingham, Glasgow, Doncaster, Perth, Maidstone, Gloucester, Farnham and Peterborough.

Our customers come from all walks of life, and so do we. We are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, colour, religion, gender, gender identity or expression, sexual orientation, national origin, genetics or disability.