Predictive Analytics Lead

Together, we engage with everything we have and are, to help humankind act braver and better.

With the office in Munich, it forms the Life 1 division of Munich Re. The UK life market is one of the, if not the, most competitive life markets in the world. We understand that life insurers work in a dynamic market where medical progress, demographic trends and changing lifestyles are constantly giving rise to new risk landscapes. This demanding situation is made even more challenging by changing laws and regulations and ever tougher competition.

So we need a smart strategy and structure in order to succeed. At UK & Ireland Life we have three pillars to our business strategy: protection, longevity and reinsurance structuring. All three are key to the success of our business so it’s important to look at the big picture. In terms of clients, we trust them as experts of their business and provide them with the financial strength of the world’s largest reinsurer, global expertise and sharp pricing so that they are both competitive and profitable.

The role holder is responsible for defining and leading the delivery of UKLB’s Predictive Analytics initiative to support growth across all its lines of business by developing predictive models and harnessing data‑driven insights to meet our 2030 ambitions.

• Define and deliver the Predictive Analytics roadmap to deliver data‑driven stakeholder value for UKLB and our clients.
• Establish and lead a mature Predictive Analytics function by upskilling individuals, championing innovative approaches to data analysis and interpretation, and driving the adoption of advanced modelling techniques to enhance decision‑making and business outcomes.
• Provision of advanced pensioner demographics and mortality basis based on optimal exploitation of newly acquired data sets, enhancing accuracy and efficiency to expand the overall Longevity business portfolio.
• Support the development of Protection pricing bases by integrating predictive analytics and new data‑driven techniques into modelling approaches, improving insight, and pricing robustness.
• Management of our internal data pools, ensuring they are effectively maintained and leveraged to deliver maximum analytical and business value.
• Identify potential solutions to support Protection Business Development on new propositions across underwriting, claims and distribution where Predictive Analytics can deliver new insights and solutions to reduce friction.
• Conceptualise and offer analytics products and services to internal and external stakeholders along the whole value chain by using statistical methods, for example, GLMs / GAMs / Machine Learning.
• Lead the creation and adoption of innovative analytical techniques, building tools and embedding them to strengthen data‑driven decision making for Pricing purposes.
• Development of culture, policies and strategy relating to predictive analytics for Pricing and Terms of Trade review.
• Collaborate with cross‑functional and regional teams to promote data‑driven decision‑making culture, and provide training and support to employees on data analytics best practices.
• Establish and maintain robust data and analytics governance frameworks, policies, and procedures to ensure quality, security, and compliance with industry regulations.
• Support the wider Basis Development team on their priorities and initiatives where required.

• Drives engagement (we think big) – you create a climate where individuals understand team commitments and the Company ambition. They understand how their role contributes to both and you create an environment where they feel motivated and inspired.
• Builds effective teams (we lead the ‘we’) – you build strong‑identity teams that work collaboratively, applying their diverse skills and perspectives to achieve common commitments.
• Values differences (we lead the ‘we’) – you recognise the value that different thoughts, generations, cultures and experiences bring to your team, business unit and wider across the Group. Thus, ensuring that team dynamics are diverse and inclusive.
• Balances stakeholders (we grow with our clients) –…