Senior Pricing Data Scientist, Marshmallow
Retail Pricing
3 days a week in office
Accessible, tech-enabled insurance for those who step outside the norm
Open for applications
Accessible, tech-enabled insurance for those who step outside the norm
501-1000 employees
Open for applications
3 days a week in office
501-1000 employees
Company mission
To back those who find themselves on a different path, either by choice or by circumstance, helping the exceptions to the rules that others aren’t interested in serving.
Role
Who you are
- Proactive: You drive growth by identifying & delivering new opportunities
- Modeller: You use your DS expertise to build innovative best in class models
- Commercial: You directly use your models as tools to deliver timely real world impact
- Curious: You aren’t satisfied with ‘That’s just how it is’; you immediately investigate further
- Owner: You don’t just pull existing levers - you own end to end transformation in your area
- Opinionated: You generate your own opinions & pitch to others in an open & honest way
- Explainer: You can communicate complicated concepts in a simple way to non-experts
What the job involves
- This role will sit in the Pricing Team, reporting into the Head of Pricing
- The team is responsible for managing our loss ratio, underwriting footprint, broker optimisation and growth targets
- This means that the Pricing Team is integral to driving the business forwards
- We work in a very different way to most pricing teams that you might be familiar with. Everyone in Pricing has the potential to make a massive contribution to the business, so we all take ownership, move fast, innovate and deliver changes to our rates at high frequency
- A fantastic aspect of working at Marshmallow is that we have the backing of our senior leadership team to make decisions and take action autonomously
- We’re the masters of our own destiny and we aren’t tied down with vast amounts of red tape!
- We analyse, implement, learn and iterate rate changes before most pricing teams have had their Shreddies
- You’ll also be excited to know that we don’t just churn out GLMs all day
- We build & deploy exceptional in-house pricing data science models using the latest modelling techniques
- You’ll work alongside other Pricing Data Scientists & Analysts pushing their innovative pricing projects; whilst also being able to work with the wider Data Science community on modelling customer behaviour, fraud & MLENG enhancements
- We work alongside a bunch of amazing engineers who ensure we can implement our decisions quickly
- You’ll have access to as much data as you can handle, the freedom to be creative, the backing of senior leaders to make decisions, and the ability to see your ideas implemented rapidly
- And on top of all of that, we’re a pretty fun group to hang around with!
- Developing a deep understanding of Marshmallow’s quote, policy and claims data and use this to derive insights that can be used to enhance our pricing
- Owning one of the strategic initiatives of the pricing team, such as supporting our expansion plans or protecting our renewing customers
- Communicating & getting buy-in for your plans to heads of & directors cross functionally
- Conducting claims analysis and claims modelling using SQL and Python
- Conducting price optimisation analysis/modelling using Python
- Building and deploying models in APIs for use in real time pricing
- Working with other members of pricing to recommend changes and monitor their impact
- Identify new sources of external data that enable us to refine our view of claims risk, and conduct analysis to quantify their value
- Working directly with our Engineering & MLENG functions to implement pricing proposals
- Providing analytical support in relationships with reinsurers, regulators and other partners
- Working within the wider data science community on longer term R&D projects
- Providing pricing support for the launch of multiple new products
- Potential to manage a small team of pricing analysts & pricing data scientists, overseeing both the technical aspects of their work as well as their career development
Application process
- Initial screening call with a member of the TA team
- Initial review of prior experience & introductions with the head of Pricing (1 hour)
- A skill-based interview with a senior from the Pricing Team (1 hour)
- A culture interview with a senior stakeholder to check that your work style fits our processes and values (1 hour)
- We’ll let you know if you’re invited to an interview or not. But, as a small team with a lot of applications to consider, we can’t give personal feedback on each application
Salary benchmarks
Our take
For many ordinary people, insurance can be inaccessibly expensive. Marshmallow solves this problem by using data and technology to offer fairer coverage for car and van owners.
Car insurers generally quotes drivers according to population data, and many drivers are overcharged due to age and demographic. By leveraging data and proprietary technology, Marshmallow can offer more accurate and personalised quotes delivered in minutes, meaning lower fees for drivers. Naturally, this approach has proven popular, with Marshmallow garnering impressive reviews and accolades since it first launched.
The insurtech space is becoming increasingly competitive, and more and more tech companies are moving into the car insurance space, so the company is currently looking to expand into other insurance areas. Marshmallow’s unicorn status is a clear indicator of the company’s ongoing success and scalability, and will help to facilitate this diversification.
For now, the company is focused on helping those outside the norm, such as those who have uprooted their lives and moved to the UK. But in the future, it hopes to expand to any group of people who are unfairly marginalised and whose problems Marshmallow is uniquely positioned to solve.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
50% female employees
27% employee growth in 12 months
Company
Employee endorsements
Open and honest communication
"At Marshmallow information is 'over-shared' and this starts from the CEOs and continues through the organisation. People across the business are..."
Funding (last 2 of 4 rounds)
Sep 2021
$83m
SERIES B
Nov 2020
$30m
SERIES A
Total funding: $118.2m
Company benefits
- Flexible working - Manage your own time and choose where to work from (in the office, at home, or a little bit of both). Just make sure your team is happy too.
- Ben benefits - Get your hands on your flexible benefits budget with the Ben Mastercard and spend it wherever you want.
- Competitive bonus scheme - designed to reward and recognise high performance 🌟
- Private healthcare - We want to support everyone’s wellbeing at Marshmallow, which is why we offer private healthcare insurance with Vitality.

- Cycle to work scheme - We’re registered under the Cycle-to-Work scheme, so you can buy a new bike tax-free. Lycra shorts optional.
- Mental wellbeing - We have partnered with Oliva to offer mental health support and make therapy sessions more accessible.
- Learning and training - Personal budgets for books and training courses to help you grow in your role. Weekly book clubs and learning sessions. Plus 2 days a year - on us! - to further your skillset.
- Company socials - We give all of our teams monthly budgets to get to know each other better outside of work. Plus we have company-wide socials every two weeks, themed parties, and more.
Company values
- We have a bias for action - We carry urgency into our every day, knowing that only by making daily progress can we drive long-term growth
- We are challenging and honest - We optimise for truth and progress, which requires us to never shy away from difficult conversations with each other
- We take ownership - We take on challenges, and put our hands up when things go wrong
- We are selfless - We work hard, together and without ego
- We are bold - To serve our customers best, we experiment relentlessly, make tough decisions and go where others won’t
- We simplify for success- We don’t overcomplicate or try to be too clever. Less is more
Company HQ
Old Street, London, UK
Articles
Leadership
Oliver Kent-Braham
(Co-CEO)Previously worked in Growth & Partnerships at Yoti and Leveraged Finance at Investec. Previously founded Reel Money.
David Goaté
(Chief Architect)Previously Software Architect at Yoti, also worked as a software engineer at Homeseller, Cognitran and IG.
Alexander Kent-Braham
(Co-CEO)Previously worked in Product at Yoti. Also co-founded Reel Money and was an Analyst at hedge fund QCM.
People progressing
Joined as Software Engineer, being promoted to Technical Team Lead after 10 months.
Diversity, Equity & Inclusion at Marshmallow
- To solve big problems, we need exceptional people from all walks of life. We're creating a culture where everyone feels empowered to bring their unique perspectives and boldest ideas to the table. Belonging - As a community, we foster an environment where everyone feels supported and safe to bring their authentic self to work. Recognition - We recognise and celebrate the differences in our experiences, understanding that our unique contributions help us collectively deliver our best work. Influence - We’re empowered to share our voice and have influence. We value diversity of thought, knowing we are better through our collective perspectives and experiences.
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