Careers

Are you keen to work somewhere that’s stimulating and friendly, with countless opportunities for growth and plenty of freedom to make a real impact? This could be the place for you!

We are looking for a Pricing Lead here at INSHUR; We are based in Brighton and work in a hybrid environment. We ask for everyone to be able to visit our beautiful office at least once a month along with visits to our London office once a week. You’ll be working on re-inventing insurance in exciting markets across multiple territories including the UK, the Netherlands, and new European countries as we expand.

Supported by (and reporting to) the Director of Pricing & Analytics, you'll be joining a friendly team of nine who believe in challenging the traditional ways of insurance. We aim to provide pricing and analytical solutions to create innovative insurance products.

We’ve got a great team in place and are proud of our culture (check out our Glassdoor reviews). We value high performance and care deeply about making INSHUR feel like a place where everyone is building something really special, that we can all be proud of, and doing it with friends.

What you'll do

As our Pricing Lead you will be responsible for the end-to-end pricing process, starting from analysing, modelling and making proposals, all the way to implementing changes and then monitoring the impact. You will aim to maximising business volume and value, whilst ensuring prices are technically adequate. This will be across all European territories on multiple lines of commercial motor business. Other key responsibilities include:

• Ensuring ultimate loss ratio targets are met
• Maximising growth of GWP and revenue
• Monitoring business performance
• Reviewing insurance profitability by developing loss ratios to ultimate
• Managing carrier relationships
• Manage the price change process
• Being the Pricing representative on key company projects
• Providing analytical support to the rest of the business
• Optimising the commission rate
• Developing prices for fleet business

Below is a guideline of skills that we think would make you successful in this role.

• Have worked in a Pricing environment within motor insurance
• Are a qualified or nearly qualified actuary
• Have plenty of experience using SQL, as well as some R or Python
• Have built and worked with pricing models such as generalised linear models (GLMs), gradient boosting models (GBMs) and other machine learning algorithms
• Have experience understanding loss ratio profitability
• Know the benefits of price optimisation and how to use it in practice
• Understand the commercial needs of stakeholders both internally and externally
• Are passionate about data, modelling and analytics
• Understand the value of data in a commercial environment

Your colleagues say you:

• Have great attention to detail
• Are data driven
• Can communicate well
• Will go the extra mile

We provide a friendly and stimulating environment for everyone to grow, learn and thrive in. We operate in a hybrid environment and we encourage a flexible way of working to adapt to personal circumstances and individual and business needs.

We offer all our employees stock options and we will pay into your pension monthly. We've also built a benefits package that invests in our people’s long-term personal and professional growth and wellbeing. Here’s a sample of what this includes:

• 30 days of holiday annually in addition to bank holidays
• Private healthcare scheme for you and your family
• Life Insurance
• 13 weeks full pay parental leave regardless of your gender
• Flexible working hours
• Annual personal training allowance and regular learning opportunities

• Monthly flexible wellbeing allowance to help you stay healthy and productive
  

It goes without saying that we provide everyone with a laptop, monitor, top of the range kit, and any software you need.

Where possible, we will cross-train and/or focus on what interests you, whether it’s taking on professional qualifications such as the actuarial exams, or attending relevant seminars.

About Us

INSHUR is the leading provider of insurance across North America and Europe that satisfies the diverse needs of on-demand drivers.

With a focus on embedded insurance solutions, and complementary technology integrations for digital platform providers such as Uber and Amazon, we’ve been helping drivers stay on the road since 2016 through our data, technology and in-house expertise.

As a global team of around 200 people based across the US, UK and the Netherlands, we value:

• Generosity, inclusivity, open-mindedness and diversity
• The delivery of great results and learning in the open
• Freedom to make long-term, high-impact decisions
• The wellbeing of their teammates and the people around them
• Enjoying the ride

We completed our B1 funding as well as the acquisition of American Business Insurance in 2023. We have exciting plans to continue growing our portfolio and product lines and expand to new territories in the future.