Lead Pricing Analyst - Home

Ageas; London; Hybrid; GBP 70,000; Full time

Job summary

A leading insurance company is seeking a Lead Pricing Analyst to enhance pricing models for Home insurance products. The role involves researching external data, conducting analyses, and collaborating with various teams to support the company's strategic goals. Flexible working and competitive salary are offered.

Benefits

Flexible working

Dental insurance

Health cash plan

Annual bonus schemes

Minimum of 35 days holiday

Qualifications

• Experience in a relevant data-driven role.
• Knowledge of Home insurance products is essential.
• Experience of using statistics to explore and validate data.

Responsibilities

• Conduct research of external data to enhance pricing models.
• Liaise with suppliers and manage internal stakeholders.
• Build processes to assess data and conduct cost-benefit analyses.

Skills

Statistical analysis

Data manipulation

Programming (SAS, R, Python)

Predictive modelling techniques

Education

Good quantitative degree (Statistics, Mathematics, Actuarial Science)

Tools

SAS

R

Python

Job description

Job Title:Lead Pricing Analyst- Home
Target Start Date:ASAP
Contract Type:FTC – until June 2026
Salary Range:Circa £70,000
Location:Any Ageas UK Office, hybrid

Lead Pricing Analyst- Home:The Lead Home Pricing Analyst will lead the assessment of external and geospatial data to enhance our Home risk pricing models to drive long-term profitable growth.

This role involves researching and identifying gaps in our use of external and geospatial data, liaising with external data suppliers, collaborating with internal legal and compliance teams, producing models to assess the value of external data and completing cost benefit analysis to make purchasing recommendations to the business.

The Lead Analyst will also work on other Home pricing projects to deliver Ageas’ long-term strategic goals.

Main Responsibilities as Lead Pricing Analyst- Home:

• Research & Identify Suitable External Data: Conduct independent research of available external and geospatial data that can be used to enhance Home risk pricing models.
• Liaison & Stakeholder Management: Liaise with external suppliers to assess external data and keeping internal stakeholders informed throughout the process. Work with procurement teams to purchase data.
• Data Assessment: Build an efficient and repeatable process to assess data using appropriate GLM and machine learning techniques. This involves engineering new features from raw data and building appropriate models to demonstrate uplift from new data.
• Cost Benefit Analysis: Complete cost benefit analyses to demonstrate whether new data adds value and making purchasing recommendations to the business.
• Develop Geospatial Capabilities: Develop geospatial capabilities to enhance Home risk models, underwriting capabilities, monitoring and reporting.
• Pricing Analysis: Conduct and lead pricing analyses, prepare options for senior stakeholders, and clearly present findings to gain their buy-in.

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

• A good quantitative degree, e.g. in Statistics, Mathematics or Actuarial Science.
• Experience in a relevant role in a data-driven environment.
• Knowledge of Home insurance products is essential.
• Experience of using statistics to explore and validate data, extract and manipulate large datasets for analysis.
• Experienced in the use of a programming language (e.g. SAS, R, Python) and/or statistical packages e.g. actuarial pricing software.
• 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.

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 – Yoga, Mindfulness.

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

Supporting you at Work- Well-being activities, yoga, 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.

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 theRace at Work CharterandWomen in Finance Charter,member ofiCANandGAIN.As aDisability 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 seeAgeas 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 discussingflexible working, including full-time, part-time or job sharearrangements.To find out more about Ageas, seeAbout Us.

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

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