Lead Pricing Analyst - Broker Home Trading

Ageas Insurance Ltd; Eastleigh; Hybrid; GBP 70,000 - 95,000; Full time

Benefits offered by this job

Flexible Working

35 days holiday

Health Insurance

Pension

Annual Bonus

Salary Reviews

Employee Savings

Tech deals

Job summary

Ageas Insurance Ltd. is seeking a Lead Pricing Analyst for the Broker Home Trading team. You will turn pricing insight into commercial decisions that drive trading performance and portfolio profitability.

You’ll collaborate with Technical Pricing, Underwriting, Sales & Distribution, Finance and Data Science to shape pricing strategies in response to broker performance, market conditions and customer behaviour.

Qualifications

• Experience in broker trading and portfolio management.
• Significant experience in General Insurance Pricing.
• Strong knowledge of Home Insurance.
• Experience coaching or mentoring analysts.
• Strong analytical and statistical capability.
• Experience interpreting conversion, retention and profitability performance.
• Strong commercial and market awareness.
• Excellent communication and stakeholder management skills.
• Experience with Radar, SAS, Python or SQL.
• Experience using Power BI or Tableau.
• A degree or equivalent experience in a numerical discipline.

Responsibilities

• Take ownership of pricing and trading insight across the Home Broker portfolio.
• Monitor performance across brokers, channels and customer segments.
• Identify opportunities to grow profitably and improve trading performance.
• Recommend and implement pricing changes to support GWP, conversion and profitability objectives.
• Analyse quote, conversion, renewal and claims performance.
• Assess customer behaviour and price elasticity to understand how customers respond to price changes.
• Build forecasts and model the potential impact of future pricing decisions.
• Develop broker-specific pricing strategies.
• Support broker negotiations with strong data, insight and scenario modelling.
• Identify emerging market trends, risks and opportunities.
• Present clear recommendations to senior stakeholders.
• Lead pricing projects and workstreams.
• Coach and support Pricing Analysts and Senior Pricing Analysts.

Job description

Lead Pricing Analyst - Broker Home Trading: Turn pricing insight into commercial impact! We’re looking for a Lead Pricing Analyst to join our Home Broker Pricing team and help shape the performance and future growth of our portfolio.

This is an opportunity to go beyond producing analysis. You’ll turn complex pricing and performance data into commercial decisions that influence how we trade, where we grow and how we deliver sustainable portfolio profitability.

You’ll work at the heart of our Home Broker business, partnering with Technical Pricing, Underwriting, Sales & Distribution, Finance and Data Science to develop and deliver pricing strategies that respond to changing customer behaviour, broker performance and market conditions.

Main Responsibilities as Lead Pricing Analyst - Broker Home Trading:

• Take ownership of pricing and trading insight across the Home Broker portfolio.
• Monitor performance across brokers, channels and customer segments.
• Identify opportunities to grow profitably and improve trading performance.
• Recommend and implement pricing changes to support GWP, conversion and profitability objectives.
• Analyse quote, conversion, renewal and claims performance.
• Assess customer behaviour and price elasticity to understand how customers respond to price changes.
• Build forecasts and model the potential impact of future pricing decisions.
• Develop broker-specific pricing strategies.
• Support broker negotiations with strong data, insight and scenario modelling.
• Identify emerging market trends, risks and opportunities.
• Present clear recommendations to senior stakeholders.
• Lead pricing projects and workstreams.
• Coach and support Pricing Analysts and Senior Pricing Analysts.

Skills and experience you need as Lead Pricing Analyst - Broker Home Trading:

• Experience of broker trading and portfolio management.
• Significant experience within General Insurance Pricing.
• Strong knowledge of Home Insurance.
• Experience coaching or mentoring analysts is required.
• Strong analytical and statistical capability.
• Experience interpreting conversion, retention and profitability performance.
• Strong commercial and market awareness.
• Excellent communication and stakeholder management skills.
• Experience with tools such as Radar and SAS, Python or SQL.
• Experience using reporting and visualisation tools such as Power BI or Tableau.
• A degree or equivalent experience in a numerical discipline.

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- 50% off esure and Sheilas' Wheels motor and home insurance, 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