Principal Pricing Analyst

Job Title: Principal Pricing Analyst 

Location: Very flexible - we’re happy for folks to work WFH and lots of us do. We only ask that you come into our London office a couple of times a month for team strategy days and socials - but of course, you're more than welcome to come in as much as you like! (+ we're working a 4 day work week - Fridays off!) 🏡

Contract: Permanent

Salary: £90,000 - £100,000 + benefits listed below

About Cuvva 

We're on a mission to give everyone affordable access to a car anytime, anywhere 🚙

We offer short-term car insurance through our world-class app, creating truly flexible products that meet people’s real needs. Using lightning-fast technology to unlock better experiences and fairer prices for our customers, Cuvva is building the future of insurance every day.

Cuvva was the first to sell hourly insurance via an app in the UK back in 2016. And we haven’t stopped innovating since. We’ve sold over 13 million policies, and supported over 1 million drivers and we’re just getting started. We’re a  team of 100 people, passionate about solving our customers’ problems. Join us. 🚀

About the role:

We’re looking for a commercially minded and technically skilled Principal Pricing Analyst to join our Pricing function at Cuvva.

The Principal Pricing Analyst is a senior individual contributor role responsible for owning the pricing modelling framework, advancing the use of data science, AI and machine learning in pricing, setting pricing judgement and analytical standards, and delivering pricing recommendations across the business.

Reporting directly to our Director of Pricing & BI, you’ll act as a trusted expert in pricing modelling and decision-making as Cuvva continues to evolve and scale. Pricing decisions increasingly sit at the intersection of revenue growth, risk management and regulatory scrutiny; this role exists to ensure those decisions are robust, analytically sound and commercially grounded.

You’ll operate as a key partner to stakeholders across Pricing, Underwriting, Product and the wider business, helping leaders make confident pricing decisions by bringing modelling and commercial insight into the discussion. You’ll be expected to present, influence and challenge constructively, supporting stakeholders to understand trade-offs and make clear calls on pricing strategy.

You’ll lead complex pricing work end to end: defining problems, selecting modelling approaches, validating outputs, and translating results into clear recommendations. You’ll articulate trade-offs between growth, conversion and risk, and act as a stabilising technical and commercial authority within the pricing function.

This role is titled Principal Pricing Analyst, but may suit candidates with experience as Pricing Data Scientists or Actuaries working in modern pricing environments.

On a day-to-day basis you’ll be:

• Owning Data science led analytical and modelling approach for complex pricing problems, from problem definition through to recommendation and impact assessment


• Building, assessing and evolving pricing models (e.g. GLMs, GAMs, GBMs or similar) with a focus on commercial relevance and sustainability, not just technical correctness


• Leveraging AI and ML technologies and techniques to data mine, derive and deliver insights and elevate the Pricing function.


• Independently determining when modelling and analysis are robust enough to inform pricing decisions, and clearly articulating risks, limitations and trade-offs


• Translating model outputs into clear, actionable pricing recommendations linked to expected business impact (e.g. loss ratio, conversion, risk mix)


• Operating as the primary owner of pricing recommendations for assigned areas, operating with a high degree of autonomy and accountability


• Partnering closely with stakeholders across Pricing, Underwriting, Product and the wider business to shape decisions through strong analytical insight


• Communicating complex pricing concepts in a way that enables confident decision-making at different levels of seniority


• Setting and upholding high standards for pricing analysis, including documentation, validation, reproducibility and clarity of outputs


• Identifying weaknesses or gaps in existing pricing approaches and recommending improvements to tooling, processes or methodology


• Providing informal mentorship and guidance to other Analysts, helping raise the overall quality of analytical thinking across the tea


• Contributing to the evolution of pricing strategy by bringing deep analytical insight, market awareness and commercial judgement


• Anticipating future pricing challenges as the business scales and proactively adapting analytical approaches to meet increasing complexity

You’ll do great here if you: 

• Have strong hands-on experience in personal lines pricing (insurer or MGA)


• Are confident owning pricing changes end to end, from modelling through to recommendation


• Have advanced proficiency in Python and/or R and SQL


• Are comfortable selecting modelling approaches and making judgement calls, not just running analysis


• Can clearly explain trade-offs between growth, conversion and risk to non-technical stakeholders


• Enjoy working cross-functionally and influencing decisions through evidence rather than hierarchy


• Take pride in producing work that is decision-ready, not just technically correct

It’s a bonus if you: 

• Have experience with pricing platforms such as Akur8, Radar/Emblem, Quantee or similar


• Have worked in fast-moving or lean insurance environments


• Have exposure to experimentation or A/B testing in a pricing or underwriting context


• Have experience translating analytical outputs into commercial strategy

Benefits:

As well as a competitive salary (£90k-£100k depending on experience), benefits of working at Cuvva include:

• Very flexible WFH set up, we only ask folks to come in a couple of times a month for team strategy days and socials - but of course, you're more than welcome to come in as much as you like! 


• A four day work week (Fridays off!) 


• Transparent salary model and bands for all roles (without sharing anyone's individual salary of course!) 


• 20.5 days of holiday a year + public holidays - rising with each year at Cuvva 🌞 (holidays have been prorated based on our 4DWW)


• Quarterly team socials and company events 


• Private medical insurance with Bupa


• Professional development budget


• Health, WFH and wellbeing budget 🧘‍♂️


• Increases to all allowances year on year


• Enhanced parental leave and pay


• Cycle to work scheme


• Mental Health and Coaching Support - We offer free and confidential access to comprehensive mental healthcare and coaching through Oliva. Giving you the space to talk to a coach or therapist about anything you like


• Hundreds of perks and discounts with Perkbox


• £100 a month towards your Cuvva car insurance


• Referral bonus when you bring your friends to join the Cuvva team 💸

The hiring process: 

• Initial chat with hiring manager (60m)


• Technical interview, take home task review & live Q&A (90m)


• Key stakeholder chat (45m)


• Founders chat with our CEO, Freddy (20m)

Referrals:

Know someone who could be right for this job? We’d love to hear from them, please drop us a note at [email protected] to let us know who you'll be referring and for which role. If they get the job, you will receive an Apple Watch! If someone has already applied to the role before we receive your email they will not be considered a referral, so please check with them beforehand to make sure 🙂

Cuvva ways of working: 

We’re dedicated to creating a place where people want to work, a place where people believe in what they’re doing, have clear expectations and a bunch of freedom. 

Our approach to hybrid working is very flexible: we only ask people to come a couple of times a month for team building or company events. The rest of time it’s up to you where and how you work. You can of course come into the office as much as you like! 

Diversity, inclusion and belonging at Cuvva:

At Cuvva, we’re dedicated to building an environment where individuals from all walks of life feel a sense of belonging and have the support they need to thrive. To us, it’s crucial that our differences are embraced and celebrated - and that you’re able to bring your whole self to work everyday.  

Research shows that men apply to jobs if they meet ~60% of criteria, but women and those in traditionally underrepresented groups tend to apply only if they check all the boxes. If you think you have what it takes but don't meet every single point above, please still get in touch. We'd love to chat and see if you could be a great fit.

Important note on eligibility
We’re really grateful for the interest we receive from candidates around the world. However, for this role we’re unable to offer visa sponsorship or transfers, so you’ll need to have the existing right to work in the UK.