Insurance Pricing Lead

About The Role

• You will support the setting & delivery of the Asset Risk strategy in alignment with the needs of the wider business strategy.
• You will ensure the Insurance Risk deliverables (BAU and strategic projects) are effectively managed and delivered through a matrix approach across the Asset Risk Operational Teams and fellow Asset Risk output owners.
• You will work with the Asset Risk Leadership Team to ensure the requirements of the Insurance Risk Team are understood, planned and managed for all strategic projects and business as usual activity across the relevant time frames of 12 to 24 months.
• You will work with and support your fellow Leadership colleagues to develop strong colleague engagement and wellbeing through, for example, effective communication, development and training, recognition and inclusion.
• Develop collaborative and enduring relationships with the Asset Risk and wider business leadership team, relevant stakeholders, and be an advocate for Asset Risk and our ways of working.
• The Motability Scheme is unique in that it provides comprehensive insurance as part of the overall lease costs. With 815k+ Scheme Customers this is the largest motor fleet policy in the UK, with annual premiums in excess of £1bn.
  

About You

This is an opportunity for someone with previous experience of the motor insurance industry, or vehicle leasing, automotive forecasting, or a combination of these.

We are looking for someone who can:

• Demonstrate strong organisation skills
  oSelf-starter, able to prioritise and manage workload
  oDisciplined, structured approach & methodology
  oEnjoys solving problems and delivering smart solutions
  oWork collaboratively or independently to achieve objectives.

• Communicate well in a variety of environments
  oGood written, oral, presentation and interpersonal skills
  oPresents information in a confident manner
  oEnjoys communicating with people at all levels, both to technical and non-technical audiences.

Minimum criteria:

You’ll need all of these:

• You’ll have a minimum of a degree in finance, business, actuarial science, economics, or a related field.
• Experience: Experience of carrying out forecasting and statistical analysis in motor insurance, or automotive leasing.
• Excellent Analytical Skills: Ability to assess risks and make informed decisions based on data and trends.
• Attention to Detail: Ensuring accuracy in evaluating claims and underwriting policies.
• Communication Skills: Strong written and verbal communication skills and ability to communicate at all levels as well as stakeholder management.
  

About The Company

Motability Operations is a unique organisation, virtually one of a kind. We combine a strong sense of purpose with a real commercial edge to ensure we provide the best possible worry-free mobility solutions to over 815,000 customers and their families across the UK. Customers exchange their higher rate mobility allowance to lease a range of affordable vehicles (cars, wheelchair accessible vehicles, scooters, and powered wheelchairs) with insurance, maintenance and breakdown assistance included. We are the largest car fleet operator in the UK (purchasing around 10% of all the new cars sold in the UK) and work with a network of around 5,000 car dealers and all the major manufacturers. We pride ourselves on delivering outstanding customer service, achieving an independently verified customer satisfaction rating of 9.8 out of 10.

Our values are at the heart of everything we do. They represent ambition, and we look for our people to live and breathe them every day:

• We find solutions.
• We drive change.
• We care.

We operate hybrid working across the organisation where we split our time between working on-site at our offices, and at home, remotely within the UK. We believe hybrid working achieves a good work/life balance for our colleagues, allowing us to connect with each other, collaborate on important work, and perform together to deliver for our customers. It allows us to have the flexibility to work remotely up to 2-days per week whilst also using the great office spaces we have available.

As a Motability Operations team member, the benefits you can expect are:

• Competitive reward package including an annual discretionary bonus.
• 15% non-contributory pension (9% non-contributory pension during probation period).
• 28 days annual leave with option to purchase and sell days.
• Free fresh fruit and snacks in the office.
• 1 day for volunteering.
• Funded Private Medical Insurance cover.
• Electric/Hybrid Car Salary Sacrifice Scheme and Cycle to Work Scheme.
• Life assurance at 4 times your basic salary to give you a peace of mind that your loved ones will receive some financial help.
• Funded health screening for over 50s.
• Voluntary benefits: charitable giving, critical illness insurance, dental insurance, health and cancer screenings for you and your partner, discounted gym memberships and season ticket loans.
• Employee Discount Scheme with an app to save on the go.
• Free access to healthcare apps such as Peppy, Unmind, Aviva Digital GP and volunteering app on Hand for all employees.
• Generous family leave policies.

At Motability Operations, we believe in building a diverse workforce, where our people are empowered to attend work as their true selves, and we encourage people from all backgrounds to apply. We want to sustain a culture that nurtures, where employees are free to flourish and where they’re rewarded equally, regardless of race, nationality or ethnic origin, sexual orientation, age, disability, or gender.

We pride ourselves on being an inclusive employer and as such, all our offices provide first-rate disability access. With our hybrid working environment, we do our best to accommodate part-time and flexible working requests where possible, building on our culture of trust, empowerment, and flexibility.