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. This role will involve managing pricing projects and utilizing sophisticated analytical techniques to influence business growth. The successful candidate will have extensive experience in insurance pricing and be skilled in programming languages like SAS and Python.

Benefits

Minimum of 35 days holiday (inc. bank holidays)

Annual bonus schemes

Flexible working arrangements

Health Cash Plan

Mental Health Support

Employee Savings Program

Qualifications

• Highly skilled in SAS for data manipulation.
• Experience with predictive modelling techniques like Logistic Regression and Decision Trees.
• Experienced in R, Matlab, Python, or Octave.

Responsibilities

• Management and coaching of Pricing Analysts.
• Develop and validate predictive machine learning models.
• Optimize pricing processes and recommend pricing strategies.

Skills

Machine Learning

Statistical Analysis

Predictive Modelling

Data Manipulation

Price Optimisation

Education

3+ years’ experience in insurance pricing or related analytical background

Tools

SAS

R

Matlab

Python

Job description

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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 MarketPricing team as a Lead Pricing Analyst, assisting to plan and deliver pricingrelated projects to deadline and quality standards. They will directlyinfluence the future growth of the business, with key deliverables to increaseconversion, retention and overall company income and profitability.

Therole will involve the management of detailed analysis of data usingsophisticated machine learning and statistical techniques within priceoptimisation to recommend pricing actions which increase volume, income andprofit. In addition, the Lead Pricing Analyst will build pricingcapability and core skills within the business, as well as influence thestrategic 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 ( SAS) to manipulate data.
• Experience in SOME of the following predictive modelling techniques 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 ( 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 Employerstatus in the UK.

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

Flexible Working- Smart Working @ Ageasgives 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 InsuranceHealth 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- Returnto work programme after maternity leave.