About the Position

Head of Pricing - Zego Insurance

About Zego 🚀

At Zego, we're on a mission to do the good thing, not the insurance thing. Insurance hasn't changed much in over a century. The way we live, work, and travel has. We're building the real-time, AI-driven infrastructure that powers innovative insurance, so good drivers get cover that works the way they actually drive.

We're not just updating insurance; We're leading the AI evolution in insurance 🤖

For us, AI isn't a line on a roadmap or a buzzword on a slide. It's our operating reality, and it's how we build products that back drivers instead of the old insurance playbook.

We don't do things slowly, and we don't do bureaucracy. We back high-performance builders who want ownership, early responsibility, and the chance to do the most career-defining work of their lives. You'll get the space to try things, the tools to move fast, and the room to see your ideas reach millions of drivers.

Responsibilities

Lead the insurer’s technical view across the full model landscape: the actuarial risk models, the demand models, the market and optimisation models.
Bring an actuarial view to all modelling approaches including AI-driven models.
Go deeper on the actuarial risk models that set our net rates: join each project, independently validate the modelling decisions, the rating factor choices, and the assumptions applied, and evidence the basis for each.
Review, validate, and challenge pricing and underwriting proposals across personal and commercial lines, working closely with our underwriting team.
Contribute to portfolio management and portfolio insight.
Support the insurer’s position with our co-insurance partners on the net rates, the quality of the models behind them, and the validation we have carried out.
Mentor and coach junior actuarial colleagues.
Help build the processes, the governance, and the tooling, including AI, that allow a small and senior team to work faster and more robustly.

Requirements

A qualified actuary, or an equivalent track record inside an actuarial pricing team, with at least ten years of hands-on modelling experience.
Deep experience of classic actuarial risk modelling: GLMs built in Emblem, Akur8, or equivalent, with Python used in practice rather than in principle.
Real exposure to the newer modelling approaches alongside the classic ones, such as GBMs and other machine learning methods, and the confidence to form an actuarial view on a method you have not built yourself.
Experience with UK motor pricing. Experience with other lines of business is an advantage.
Experience with newly launched portfolios, or portfolios with limited history.
Experience with telematics products and their pricing.
The judgement to say whether a model can be trusted, backed by having seen models work and seen them fail.
Comfort in a small team with high influence and direct access to decision-making, and a genuine interest in developing a less experienced colleague.

We Offer

💰 Market-competitive salary, benchmarked against your function and reviewed every year.

🏆 Annual performance bonus, linked to company performance and your contribution.

📈 Share options, a real stake in the company and a share in the future you build.

🩺 Private medical insurance.

🏖️ Pension, generous holiday, and £1,000 a year to spend on getting to the office or learning something new.

💻 Cutting-edge systems and tools, so you always have what you need to drive your impact.

About the Company

Zego is leading the AI evolution in insurance. We're an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of race, religion, national origin, gender, sexual orientation, age, marital status, or disability status.

Equal Opportunities 🌈

We're an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of race, religion, national origin, gender, sexual orientation, age, marital status, or disability status.

Head of Pricing - Zego Insurance

Job description