Direct Pricing Analyst / Senior Direct Pricing Analyst

AXA UK; Manchester; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading insurance provider in Manchester is looking for a Pricing Analyst to lead pricing projects that enhance customer value and satisfaction. The role includes developing pricing strategies and offers flexibility in working arrangements, with at least two days a week from the office. Candidates should have experience in insurance pricing, excellent numerical skills, and knowledge of analytical tools like Python and SQL. Competitive salary and benefits offered.

Benefits

Competitive annual salary

Annual performance-based bonus

Contributory pension scheme

Life Assurance

Private medical cover

25 days annual leave plus Bank Holidays

Qualifications

• Experience in a related Insurance Pricing role is strongly preferred.
• Excellent numerical mathematical skills (a degree in a mathematics related discipline or evidence of equivalent proficiency).
• Knowledge of predictive modeling for Risk and/or Demand models.

Responsibilities

• Assist in supporting the end-to-end delivery of value adding Price Optimisations.
• Investigation of customers' responses to price variations via impact analysis and scenario modelling.
• Understanding and improving customer lifetime value outcomes.

Skills

Numerical mathematical skills

Problem-solving skills

Predictive modeling

Knowledge of analytical tools

Understanding of machine learning techniques

Education

Degree in mathematics or related discipline

Tools

Python

SQL

R

SAS

Job description

It’s an exciting time in our Pricing & Analytics department. Our transformation programme has recently been relaunched, aligned to AXA Retail’s new Pricing & Analytics strategy. AXA are investing a lot in growing our department in size and capability across our IT systems, analytical toolset and learning and development. We’d love to hear from motivated people who can help us deliver our commitments to our business, our customers, and our people.

At AXA Retail, we’re looking for a Pricing Analyst / Senior Pricing Analyst / Principal Pricing Analyst to lead and support innovative pricing projects that enhance customer value and satisfaction, strategically optimise risk and drive increased profitability. You will play a key role in developing and implementing pricing strategies that balance competitive positioning with sustainable business growth, ensuring we deliver value to our customers while achieving our financial targets.

At AXA we work smart, empowering our people to balance their time between home and the office in a way that works best for them, their team and our customers. You’ll work at least two days a week (40%) away from home, moving to three days a week (60%) in the future. Away from home means either attendance at one of our office locations, visiting clients or attending industry events. We’re also happy to consider flexible working arrangements, which you can discuss with Talent Acquisition.

What you’ll be doing:

• Assist in supporting the end-to-end delivery of value adding Price Optimisations
• Investigation of customers’ responses to price variations via impact analysis and scenario modelling
• Understanding and improving customer lifetime value outcomes
• Competitor analysis and understanding market activity
• Ensure the customer is at the heart of all pricing decisions, ensuring fair value is delivered, with a strong focus on the impact on existing customers
• Data reconciliation, ensuring thorough process documentation and fine-tuning trading performance
• Build strong relationships with managers, peers and stakeholders

Due to the number of applications we expect to receive for this role, we reserve the right to close this advert earlier than the listed closing date to ensure we’re able to effectively manage interest. Therefore, if you’re interested in joining us at AXA, please don’t hesitate to apply.

What you’ll bring:

• Experience in a related Insurance Pricing role is strongly preferred.
• Excellent numerical mathematical skills (a degree in a mathematics related discipline or evidence of equivalent proficiency).
• Knowledge of predictive modelling for Risk and/or Demand models.
• Ability to demonstrate high levels of problem-solving skills and initiative.
• Ability to plan and prioritise own work and that of a small project team.
• Knowledge of tools such as Python, SQL, R, SAS or other analytical languages/tools are desirable.
• An understanding of machine learning techniques.
• An awareness of appropriate statistical techniques for insurance analysis.

As a precondition of employment for this role, you must be eligible and authorised to work in the United Kingdom.

What we offer:

• Competitive annual salary dependent on experience
• Annual company & performance-based bonus
• Contributory pension scheme (up to 12% employer contributions)
• Life Assurance (up to 10 x annual salary)
• Private medical cover
• 25 days annual leave plus Bank Holidays
• Opportunity to buy up to 5 extra days leave or sell up to 5 days leave
• Wellbeing services & resources
• AXA employee discounts

To apply, click on the ‘apply for this job’ button, you’ll then need to log in or create a profile to submit your CV. We’re proud to be an Equal Opportunities Employer and don’t discriminate against employees or potential employees based on protected characteristics. If you have a long‑term condition or disability and require adjustments during the application or interview process, we’re proud to offer access to the AXA Accessibility Concierge. For our support, please send an email to [e-mail].

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Who we are:

AXA Retail helps people live the life they love, knowing we’ve got their back, at home and on the road. Our people are vital to us becoming more digital, faster and easier to access. We’re a dynamic team of experts completely committed to making sure our customers ‘get back to the good stuff’ when the unexpected happens.