Pricing Analyst

AXA UK; Glasgow; Hybrid; GBP 30,000 - 40,000; Full time

Job summary

An established industry player is seeking a detail-oriented individual to join their Pricing team. This role offers a fantastic opportunity to engage in performance analysis, driving pricing and underwriting changes across various products. You will leverage your analytical skills to produce insightful reports and recommendations that support strategic initiatives. With a commitment to flexible working arrangements, this position allows you to balance your professional and personal life effectively. If you are passionate about data analysis and want to make a significant impact in a dynamic environment, this role is perfect for you.

Benefits

Annual performance-based bonus

Contributory pension scheme

Life Assurance

25 days annual leave plus Bank Holidays

Options to buy or sell leave days

Employee discounts

Gym benefits

Qualifications

• ACII or numeracy qualification required.
• Experience in pricing and detailed analyses essential.

Responsibilities

• Deliver pricing and underwriting reviews for auto-rated products.
• Analyze product performance and provide recommendations.

Skills

Analytical Skills

Influencing Skills

Communication Skills

Decision-Making Skills

Numeracy Qualification

Insurance Pricing Experience

Python

SAS

Radar

DataBricks

Power BI

Education

ACII

Numeracy Qualification

Tools

Python

SAS

Radar

DataBricks

Power BI

Job description

Job Description

Do you have an interest in performance analysis? If you’re analytical, great at influencing, and detail-oriented, this could be an excellent development opportunity for you. We’re seeking someone to join our Pricing team to assist with performance analysis and recommend pricing and underwriting changes across Property, Casualty, and Motor products.

You’ll have a passion for analyzing data and using it to drive pricing and underwriting changes that support strategic plans. You’ll ensure opportunities for development in this rapidly evolving SME marketplace are maximized.

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 40% of your week away from home, moving to the majority of your working week from September 2025. 'Away from home' includes attending office locations, visiting clients, or industry events.

We’re also open to flexible working arrangements, which you can discuss with Talent Acquisition.

What you’ll be doing:

• Develop and deliver pricing and underwriting reviews to support profitable development of our auto-rated products.
• Monitor, analyze, and produce regular product performance reports with recommendations, summaries, and trend analysis.
• Review question sets, underwriting criteria, and rating structures of open market, direct, and software house products, providing implementation recommendations.
• Integrate internal and external competitor data, as well as external risk data, into our pricing strategies.
• Maintain governance documentation of rate tables, structures, algorithms, and price changes, ensuring proper approval processes.
• Recommend product development changes in consultation with stakeholders.
• Assist with auditing external software and broker systems to ensure compliance with underwriting standards.

Due to application volume, we may close this advert earlier than the listed closing date.

What you’ll bring:

• ACII, numeracy qualification, or insurance experience in pricing — essential.
• Experience in producing detailed analyses from diverse data sources affecting product performance — essential.
• Skills in Python, SAS, Radar, DataBricks, Power BI — advantageous.
• Effective decision-making skills.
• Strong analytical, presentation, and influencing skills.
• Excellent communication, relationship-building, and influencing abilities.
• Knowledge of small commercial products — preferred.

You must be eligible and authorized to work in the UK.

This role is classified under the Insurance Distribution Directive (IDD), requiring pre-employment screening and ongoing background checks every 4 years with annual declarations.

What we offer:

At AXA UK, we value our employees, reflected in our competitive rewards package, including:

• Salary of £30,000 - £40,000 depending on experience
• Annual performance-based bonus
• Contributory pension scheme (up to 12% employer contributions)
• Life Assurance (up to 10x salary)
• 25 days annual leave plus Bank Holidays
• Options to buy or sell up to 5 leave days
• Employee discounts and gym benefits

To apply, click ‘apply for this job’ and submit your CV after logging in or creating a profile. We are an Equal Opportunities Employer and support accessibility needs. For adjustments, contact [e-mail].

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Who we are:

AXA Commercial supports businesses of all sizes, from multinationals to startups, helping them thrive. We are investing in our people and skills to be the best. Join our vibrant community where everyone is supported to learn, develop, and take ownership of their work.