Lead Pricing Analyst

Ageas UK; Bournemouth; Hybrid; GBP 55,000 - 65,000; Full time

Job summary

Ageas UK is seeking a Lead Pricing Analyst to join their Market Pricing team in Bournemouth. This role involves leading pricing related projects, conducting data analysis, and implementing machine learning techniques to enhance pricing strategies, thereby directly contributing to the company's growth and profitability.

Benefits

Flexible Working

Minimum 35 days holiday

Health Cash Plan

Annual Bonus Schemes

Competitive Pension

Well-being activities

Qualifications

• 3+ years' experience in insurance pricing or related analysis.
• Highly skilled in using programming languages for data manipulation.
• Experience with various predictive modelling techniques.

Responsibilities

• Manage and coach junior Pricing Analysts.
• Develop and validate predictive machine learning models.
• Conduct price optimisation and improve existing processes.

Skills

Programming Language

Predictive Modelling Techniques

Machine Learning

Tools

SAS

R

Python

Job description

Ageas UK Bournemouth, England, United Kingdom

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Ageas UK Bournemouth, England, United Kingdom

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Job Title: Lead Pricing Analyst - Market

Target Start Date: ASAP

Contract Type: Permanent, Part Time, Full Time, Job Share option available

Salary Range: £55,000 - £65,000

Location: Bournemouth, hybrid - once a month

Lead Pricing Analyst - Market: Fantastic opportunity to join our Market Pricing team as a Lead Pricing Analyst, assisting to plan and deliver pricing related projects to deadline and quality standards. They will directly influence the future growth of the business, with key deliverables to increase conversion, retention and overall company income and profitability.

The role will involve the management of detailed analysis of data using sophisticated machine learning and statistical techniques within price optimisation to recommend pricing actions which increase volume, income and profit. In addition, the Lead Pricing Analyst will build pricing capability and core skills within the business, as well as influence the strategic direction of retail pricing in the wider Ageas UK Group.

Main Responsibilities as Lead Pricing Analyst - Market:

• Management, development and coaching of Pricing Analysts.
• Develop, validate, review, and approve predictive machine learning models; exploring new machine learning techniques to improve model predictiveness.
• Development and delivery of up to date and accurate datasets for modelling, pricing and monitoring; exploring new data sets and their ability to enhance models.
• Development and maintenance of pricing models and support for their deployment.
• Carry out price optimisation and improve on existing price optimisation processes using innovative techniques; prepare recommendations for senior stakeholders.
• Maintenance and application of models of customer and market behaviour; incorporating machine learning into behavioural models.
  
  
  

Skills and experience you need as Lead Pricing Analyst - Market:

• 3+ years’ experience in insurance pricing or related analytical background.
• Highly skilled in the use of programming language (e.g. SAS) to manipulate data.
• Experience in SOME of the following predictive modelling techniques e.g. Logistic Regression, Log-Gamma GLMs, GBMs, Elastic Net GLMs, GAMs, Decision Trees, Random Forests, Support Vector Machines and Neural Nets.
• Experienced in the use of a programming language (e.g. R, Matlab, Python or Octave).
• Knowledge and/or experience of Price Optimisation.
  
  
  

At Ageas we offer a wide range of benefits to support you and your family inside and outside of work, which helped us achieve, Top Employer status in the UK.

Here are some of the benefits you can enjoy at Ageas:

Flexible Working- Smart Working @ Ageas gives employees flexibility around location (as long as it’s within the UK) and, for many of our roles, flexibility within the working day to manage other commitments, such as school drop offs etc. We also offer all our vacancies part-time/job-shares. We also offer a minimum of 35 days holiday (inc. bank holidays) and you can buy and sell days.

Supporting your Health- Dental Insurance Health Cash Plan, Health Screening, Will Writing, Voluntary Critical Illness, Mental Health First Aiders, Well Being Activities – Mindfulness.

Supporting your Wealth- Annual Bonus Schemes, Annual Salary Reviews, Competitive Pension, Employee Savings, Employee Loans.

Supporting you at Work- Well-being activities, mindfulness sessions, Sports and Social Club events and more.

Supporting you and your Family- Maternity/pregnant parent/primary adopter entitlement of 16 weeks at full pay and paternity/non-pregnant parent/co-adopter at 8 weeks’ full pay.

Benefits for Them- Partner Life Assurance and Critical Illness cover.

Get some Tech- Deals on various gadgets including Wearables, Tablets and Laptops.

Getting around- Car Salary Exchange, Cycle Scheme, Vehicle Breakdown Cover.

Supporting you back to work- Return to work programme after maternity leave.

About Ageas:

We are one of the largest car and home insurers in the UK.Our Peoplehelp Ageas to be a thriving, creative and innovative place to work. We show this in the service we provide to over four million customers.

As an inclusive employer, we encourage anyone to apply. We’re a signatory of the Race at Work Charter and Women in Finance Charter, member of iCAN and GAIN. As a Disability Confident Leader, we are committed to ensuring our recruitment processes are fully inclusive. That means if you are applying for a job with us, you will have fair access to support and adjustments throughout your recruitment experience. If the list does not cover the support you need, please contact our Recruitment Team to discuss how they can help. We also guarantee an interview for applicants with a disability who meet the minimum criteria for the role. For more information, please see Ageas Everyone.

We have a zero-tolerance approach towards any form of harassment during the recruitment process, ensuring that everyone is treated with respect and professionalism.

Our aim is to have great people everywhere in our business and we’re always looking for outstanding people to join us. Most roles across Ageas allow a proportion of your time to be spent working from home and we’re open to discussing flexible working, including full-time, part-time or job share arrangements. To find out more about Ageas, see About Us.

Important Notice – Recruitment Scam Alert: We are aware of fraudulent activity whereby individuals are being contacted with fake job offers claiming to be from Ageas, often for remote roles such as Administrative Assistants. These scams may include offers of high hourly pay and requests for upfront payments or deposits. Please be aware that Ageas will never ask for money at any stage of the recruitment process. Ageas will always ask you to make an application via our Company Websites and all legitimate Ageas job opportunities are listed on our official careers pages within. Communication will only come from verified Ageas email addresses and if you are unsure about the legitimacy of a job offer or communications you are receiving, please contact [e-mail] with the subject FRAUD.

Want to be part of a Winning Team? Come and join Ageas.

Click on the ‘Apply button’ to be considered.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Marketing and Sales

• Industries

  Insurance

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