Pricing Data Scientist

Salary: up to £70,000

Location: West Midlands- hybrid working

Contract: Permanent

We are currently working with a well-established organisation within the financial services sector that is looking for an experienced Pricing Data Scientist to join its Pricing Development team. This is an exciting opportunity for a data science and modelling professional to play a leading role in developing pricing models, influencing business decisions and supporting a significant business-wide transformation programme.

The successful candidate will work across the full pricing lifecycle, helping to enhance pricing capabilities, develop innovative analytical solutions and deliver insight-driven outcomes. This role offers the opportunity to contribute to a high-profile strategic initiative while supporting the development of colleagues and driving continuous improvement across the pricing function.

• Lead the development and enhancement of pricing models and analytical approaches to support business objectives.
• Undertake behavioural modelling, research, development and innovation activities across the full pricing lifecycle.
• Design, build and continually improve models using advanced statistical techniques and data science methodologies.
• Support the development and implementation of new pricing models and rating strategies across personal and commercial product lines.
• Monitor model performance, ensuring analytical outputs remain accurate, effective and suitable for business decision-making.
• Maintain robust quality control processes and data integrity standards, ensuring compliance with relevant requirements.
• Benchmark pricing capabilities and identify opportunities to improve existing methods, processes and technical expertise.
• Work closely with stakeholders to translate complex analytical findings into clear business insights and recommendations.
• Influence business decisions through effective communication of pricing insights, modelling outcomes and recommendations.
• Support the development of team capability through coaching, mentoring and knowledge sharing.
• Contribute to strategies, development plans and learning initiatives to strengthen technical expertise across the wider function.
• Champion continuous improvement, innovation and the effective application of data science to deliver business value.

• Proven experience in pricing, data science and/or statistical modelling within a corporate environment.
• Experience with in financial services or the insurance sector would be advantageous.
• Strong technical expertise in data analysis, statistical modelling and the development of analytical solutions.
• Experience using programming and analytical tools such as SQL, Python or R.
• Demonstrable experience designing, developing and evaluating models, translating outputs into actionable business insights.
• Understanding of model performance monitoring, data quality and analytical governance.
• Strong stakeholder engagement and communication skills, with the ability to influence decision-making at different levels.
• Experience leading complex analytical projects and delivering high-quality results within a business environment.
• A collaborative leadership style, with experience or a strong interest in coaching, mentoring and developing colleagues.
• A proactive and innovative approach to problem-solving, research and continuous improvement.
• An inquisitive and creative mindset, with the ability to adapt to changing business requirements and complex challenges.
• The ability to balance technical delivery with stakeholder management and the development of team capability.

• Hybrid working arrangements, with up to 80% of working time spent remotely.
• The opportunity to work on a significant business transformation programme.
• Exposure to a broad range of pricing activities across personal and commercial insurance products.
• Opportunities to develop technical expertise across the full pricing lifecycle.
• The opportunity to influence strategic business decisions through advanced modelling and analytics.
• Opportunities to coach and mentor colleagues and contribute to the development of the wider pricing function.
• An inclusive working environment that values diversity, collaboration and continuous…