Graduate Pricing Analyst

The AA; Basingstoke; Hybrid; GBP 33,000; Full time

Job summary

A leading company in the UK is seeking a Graduate Pricing Analyst to assist with pricing analysis activities. This role involves data management, reporting, and contributing to pricing strategy enhancement for insurance products. Ideal candidates will possess a strong degree in a numerical field and show determination in algorithmic analysis, all while enjoying competitive benefits alongside their career progression.

Benefits

25 days annual leave plus bank holidays

Worksave pension scheme with up to 7% employer contribution

Free AA breakdown membership

Employee discount scheme

Diverse learning and development opportunities

Qualifications

• Degree with a 2.1 or above in a numerical discipline.
• Demonstrated programming and modelling skills.
• Excellent verbal and written communication abilities.

Responsibilities

• Ingest, curate and maintain data sources within the existing data framework.
• Run reporting to understand customer behaviour and deliver updates.
• Support testing and deployment of pricing models.

Skills

Programming skills

Modelling skills

Analytical skills

Problem solving skills

Communication skills

Education

Graduate Degree in Mathematics, Actuarial, Economics or Statistics

Tools

SQL

Python

R

Shiny

Streamlit

PySpark

Job description

Company Description/ Business Unit

Job Title: Graduate Pricing Analyst

Location: Basingstoke - Hybrid - Three Days in Office

Employment Type: Full-Time/ Permanent

Salary: Up-to £33,000

Hours: Monday-Friday

AA Summary

Think the AA is just about roadside assistance? Think again!

As one of the UK's most trusted brands, we provide a wide range of services to millions of customers. From comprehensive Home and Motor Insurance to personalised Financial Services like Loans and Savings, and outstanding B2B, Consumer, Business Services, Driver Training, Car Care, and Service Maintenance and Repair, we've got you covered. Our mission is to keep Britain moving, and we're looking for dedicated individuals to join our team. Ready to join us?

This is the job

We’re looking for a recent graduate who has completed a degree with a 2.1 or above in Mathematics, Actuarial, Economics or Statistical content to join the team as a Pricing Analyst, assisting with all pricing analysis activities.

You will support the enhancement of enrichment data and testing of new data sources for pricing models, assist the Pricing Managers and Analysts with data processing and report creation and develop your understanding of Insurance broker pricing to support projects that deliver best-practice pricing.

What will I be doing?

• Ingest, curate and maintain existing and new data sources within the existing data framework in Azure and Databricks.
• Run regular reporting to support the understanding of customer behaviour and outcomes. Deliver updates to the business verbally and in written communication to support strong decision making.
• Seeking and identifying opportunities to improve model performance through new data items or analytical techniques.
• Develop your understanding of new modelling techniques through machine learning and cloud computing in order to support projects that deliver best-practice pricing.
• Support the testing and deployment of new rating in conjunction with IT and change teams.
• Assist the Pricing Manager in managing implementation such as model deployment and price testing.
• Ensure Treating Customers Fairly (TCF) is embedded in the culture of the AA to deliver the six customer outcomes of right culture, right information, right delivery, right targeting, right advice, and right post sales treatment.
  
  

What do I need?

• Demonstrated programming and modelling skills, ideally in SQL, Python, R, Shiny, Streamlit, PySpark, etc.
• Experience or understanding of cloud computing benefits and the parallelization of modelling and data processes.
• Currently pursuing or holding a Graduate Degree or higher in a numerical discipline with high academic achievement.
• Strong interest in pricing and numerical analysis.
• Excellent verbal and written communication abilities.
• Robust analytical and problem-solving skills.
• Capable of working independently and collaboratively within a team.
• Highly motivated individual with the passion and energy to drive continuous business improvement.
  
  

Additional information

Benefits

We’re always looking to recognise and reward our employees for the work they do. As a valued member of The AA team, you’ll have access to a range of benefits including:

• 25 days annual leave plus bank holidays + holiday buying scheme
• Worksave pension scheme with up to 7% employer contribution
• Free AA breakdown membership from Day 1 plus 50% discount for family and friends
• Discounts on AA products including car and home insurance
• Employee discount scheme that gives you access to a car salary sacrifice scheme plus great discounts on healthcare, shopping, holidays and more
• Company funded life assurance
• Diverse learning and development opportunities to support you to progress in your career
• Dedicated Employee Assistance Programme and a 24/7 remote GP service for you and your family
  
  

Plus, so much more!

We’re an equal opportunities employer and welcome applications from everyone. The AA values diversity and the difference this brings to our culture and our customers. We actively seek people from diverse backgrounds to join us and become part of an inclusive company where you can be yourself, be empowered to be your best and feel like you truly belong. We have five communities to bring together people with shared characteristics and backgrounds and drive positive change.

As part of the onboarding process, we complete several pre-employment checks including work reference, credit and criminal record checks.

We may close the vacancy sooner than the advertised date if we get a high volume of applications, please apply now if you are interested.