Head of Pricing Models - 6-month FTC

Redefined Ltd; London; Hybrid; GBP 60,000 - 90,000; Full time

Job summary

A leading insurance company is seeking an experienced leader for their Pricing and Analytics department. The role involves managing pricing models, collaborating across teams, and promoting innovation in pricing strategies. Ideal candidates will have a strong background in insurance, risk pricing, and leadership, with a focus on delivering high-quality models. Flexible working arrangements are available, with opportunities for career development.

Benefits

Competitive salary based on experience

Discretionary performance-based bonus

Contributory pension scheme (up to 12%)

Life assurance (up to 10x salary)

28 days annual leave plus bank holidays

Option to buy or sell up to 5 days leave

AXA employee discounts

Gym benefits

Qualifications

• Experience in insurance or financial services is essential.
• Leadership experience managing a team is essential.
• Data and risk modelling background preferred.

Responsibilities

• Accountable for claims, market, and optimization input models.
• Develop an ongoing programme of model refreshes aligned with strategy.
• Lead the Modelling department, coaching and developing direct reports.

Skills

Leadership

Risk Pricing Expertise

Data and Risk Modelling

Job description

Description

Do you have experience in the delivery of general insurance pricing models? AXA Retail has an exciting opportunity for an experienced leader to join their Pricing and Analytics department, responsible for the delivery and quality of all pricing models, including claims cost, market models, and other optimization input models.

You will collaborate effectively across AXA Retail to support our strategy and develop an ongoing programme of model refreshes, allocating resources in line with our ambitions.

At AXA, we promote flexible working, empowering our employees to balance home and office work to suit their needs, their team, and our customers. You will work at least 40% of your week away from home, with this increasing to the majority of your working week from September 2025. 'Away from home' includes attendance at our London office, visiting clients, or attending industry events.

Flexible working arrangements are available and can be discussed with Talent Acquisition.

What you'll be doing:

• Accountable for claims, market, and optimization input models.
• Develop an ongoing programme of model refreshes aligned with our strategy.
• Ensure models are refreshed timely and in accordance with Governance and Group standards.
• Promote innovation and adopt new techniques to improve pricing models, working closely with Data Science and ML teams.
• Review the customer impact of pricing actions and respond accordingly.
• Responsible for the evaluation and onboarding of new external data sources.
• Collaborate across AXA Retail to support strategic objectives.
• Lead the Modelling department, coaching and developing direct reports.

Due to high application volume, we reserve the right to close this advert early. If you're interested, apply promptly.

What you'll bring:

• Experience in insurance or financial services – essential.
• Risk pricing expertise – essential.
• Leadership experience managing a team – essential.
• Data and risk modelling background – preferred.

Internal candidates are encouraged to apply via the internal careers site for secondment opportunities.

Eligibility to work in the UK is a precondition for employment.

This role is classified under the Insurance Distribution Directive (IDD), requiring background screening every 4 years and annual declarations in interim years.

What we offer:

• Competitive salary based on experience.
• Discretionary performance-based bonus.
• Contributory pension scheme (up to 12%).
• Life assurance (up to 10x salary).
• 28 days annual leave plus bank holidays.
• Option to buy or sell up to 5 days leave.
• AXA employee discounts.
• Gym benefits.

To apply, click 'apply for this job' and log in or create a profile to submit your CV. We are an Equal Opportunities Employer and provide accessibility support as needed. Contact [e-mail] for assistance.

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Who we are:

AXA Retail helps people live the lives they love, providing support at home and on the road. Our team is dedicated to becoming more digital, accessible, and customer-focused, ensuring our clients get back to the good stuff when the unexpected happens.