Head of Pricing Governance & Controls

AXA UK; Greater London; Hybrid; GBP 68,000 - 80,000; Full time

Job summary

A leading health insurance provider in Greater London is looking for an experienced Pricing professional to lead their pricing governance. You will focus on balanced risk control and achieve positive customer outcomes, while overseeing pricing processes and teams. The role offers a competitive salary of up to £80,000, a performance-based annual bonus, and flexible working arrangements to suit your lifestyle. Ideal candidates will possess strong skills in pricing, underwriting, and strategic thinking.

Benefits

Competitive annual salary

Cash car allowance

Contributory pension scheme

Private medical cover

28 days annual leave plus Bank Holidays

Wellbeing services & resources

Employee discounts

Qualifications

• Demonstrable resilience in managing multiple priorities.
• Ability to grasp a range of technical concepts for all stakeholders.
• Proven track record in people development and performance management.

Responsibilities

• Own the Pricing governance strategy and approach.
• Establish effective model governance committees.
• Provide effective pricing proposals to manage risks.
• Consider customer impact at all stages of the pricing process.
• Ensure compliance with legal and regulatory requirements.

Skills

Comprehensive understanding of PMI products

Experience of pricing and underwriting approaches

Excellent mathematical skills

Strategic thinking

Resilience and multitasking

Technical concept communication

Job description

We're making a significant investment in pricing capability with a comprehensive pricing transformation programme. This includes the implementation of new pricing software, market‑leading modelling, and performance monitoring approaches. Our pricing structure is more aligned to focus on the key disciplines of technical pricing, market pricing and pricing governance. As a result, several vacancies have arisen, with a need for strong data science, actuarial and governance skills.

We're looking for an experienced Pricing professional to lead pricing governance for AXA Health. You'll ensure positive, balanced and effective pricing and underwriting risk control, with a strong focus on achieving good customer outcomes and commercial targets.

You'll lead sub teams focussed on pricing assurance and risk control, underwriting governance and quality control. Delivering a robust pricing system and data, you'll ensure positive and balanced risk control is adopted throughout the pricing team and pricing processes.

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 our Tunbridge Wells office, 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:

• Owning the Pricing governance strategy and approach, ensuring a balanced approach for us to achieve commercial objectives whilst generating positive customer outcomes.
• Establishing effective model governance committee, Pricing and Underwriting Committee to enable agile decision‑making whilst controlling pricing risk.
• Providing effective pricing proposals to ensure risks are well understood and managed appropriately.
• Ensuring customer impact is considered at all stages of the pricing process.
• Proactively be aware of existing and upcoming legal, regulatory, compliance, and other internal business requirements.
• Guarantee that documented pricing and underwriting risks and controls are appropriate.

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:

• Comprehensive understanding of PMI products and market.
• Experience of pricing and underwriting approaches and systems.
• Comprehensive understanding of the regulatory environment.
• Demonstrable resilience and experience of successfully managing multiple priorities.
• Strategic thinker, and able to translate strategy into a delivery plan.
• Ability to grasp and explain a range of technical concepts to all business stakeholders.
• Excellent mathematical skills.
• Proven track record in people development skills and effective performance management.

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

This position has been defined as an Insurance Distribution Directive (IDD) role under the IDD regime which means that in addition to pre‑employment screening checks, the successful candidate will be subject to background screening every 4 years with an annual declaration in interim years.

What we offer:

At AXA UK, we're appreciative of the people who work for us and our rewards package is reviewed regularly to reflect that. You can expect to receive:

• Competitive annual salary of up to £80,000
• Annual company & performance‑based bonus
• Cash car allowance of £5,200 per annum
• Contributory pension scheme (up to 12% employer contributions)
• Life Assurance (up to 10 x annual salary)
• Private medical cover
• 28 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 .

Who we are:

At AXA Health, we're passionate about helping our members to put their health first, whether that's individuals and families, small businesses, or huge corporates. From fast access to diagnosis and treatment, to guidance and tools that can help them manage their health every day, not just when there's a problem, our members can be confident we'll guide them, every step of the way.