zego - Head of Pricing - Zego Insurance

• Lead the insurer’s technical view across the full model landscape: the actuarial risk models, the demand models, the market and optimisation models. For each one the questions are the same: is the approach sound, can the output be trusted, and are we using it the way we intend to. • Bring an actuarial view to all modelling approaches including AI driven models. Methods move quickly, you need to keep up. • Go deeper on the actuarial risk models that set our net rates: join each project, independently validate the modelling decisions, the rating factor choices and the assumptions applied, and evidence the basis for each. • Review, validate and challenge pricing and underwriting proposals across personal and commercial lines, working closely with our underwriting team: tactical pricing changes, full model updates, optimisation algorithms, new underwriting rules and renewal capping. • Contribute to portfolio management and portfolio insight: what the KPIs are telling us, what is driving the movements, and what the modelling view says about where performance is heading. • Support the insurer’s position with our co-insurance partners on the net rates, the quality of the models behind them and the validation we have carried out. • Mentor and coach junior actuarial colleagues. • Help build the processes, the governance and the tooling, including AI, that allow a small and senior team to work faster and more robustly. • What you will need to be successful in the role • A qualified actuary, or an equivalent track record inside an actuarial pricing team, with at least ten years of hands-on modelling experience. • Deep experience of classic actuarial risk modelling: GLMs built in Emblem, Akur8 or equivalent, with Python used in practice rather than in principle. • Real exposure to the newer modelling approaches alongside the classic ones, such as GBMs and other machine learning methods, and the confidence to form an actuarial view on a method you have not built yourself. • Experience with UK motor pricing. Experience with other lines of business is an advantage. • Experience with newly launched portfolios, or portfolios with limited history. • Experience with telematics products and their pricing. • The judgement to say whether a model can be trusted, backed by having seen models work and seen them fail. • Comfort in a small team with high influence and direct access to decision making, and a genuine interest in developing a less experienced colleague. • THE ZEGO WAYS OF WORKING 🏡 • Teams work better with time to collaborate and space to get things done. We call it Zego Hybrid: some of us are in our office (central London or Halifax) weekly, others monthly or quarterly. It's about finding the balance between face time and focus that produces great work and a healthy life around it. • We also make a point of getting everyone in the same room. Teams come together every quarter, and once a year the whole company does, properly. It's a serious investment and consistently one of the best parts of the year. • Here is what the last one looked like https://www.youtube.com/watch?v=QKOYDx6AMxQ.