Lead Pricing Analyst (Household)

AXA UK; Bournemouth; Hybrid; GBP 60,000 - 70,000; Full time

Job summary

AXA UK seeks a Lead Pricing Analyst to enhance its Pricing team by planning and delivering pricing-related projects. This role is pivotal to driving growth and profitability through the application of sophisticated data analysis. You will mentor junior analysts and utilize advanced modelling techniques to influence pricing strategies.

Benefits

Flexible Working

Annual Bonus Schemes

Dental Insurance

Health Cash Plan

Education and Training Support

35 Days Holiday

Qualifications

• Experience in insurance pricing or related analytical background.
• Experience in Home pricing would be beneficial.
• Ability to convey advanced statistical concepts to a non-statistical audience.

Responsibilities

• Manage, develop, and coach Pricing Analysts.
• Develop and validate predictive and machine learning models.
• Carry out pricing analyses and prepare recommendations for senior stakeholders.

Skills

Analytical Skills

Programming Skills

Coaching Skills

Communication Skills

Education

Degree in a Numerical Discipline

Tools

SAS

R

Python

Job description

Job Title:Lead Pricing Analyst (Household)

Target Start Date:ASAP

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

Salary Range:£60,000 - £70,000

Location:Eastleigh/Bournemouth (hybrid)

Lead Pricing Analyst (Household):Ageas is a leading insurance provider committed to delivering exceptional service and innovative solutions to our customers. As part of our growth strategy, we are seeking a talented Lead Pricing Analyst to join our dynamic Pricing team in the London office.

The Lead Pricing Analyst will plan and deliver pricing related projects to deadline and quality standards. They will directly influence the future growth and profitability of the business. The role will involve the management of detailed analysis of data using sophisticated actuarial and statistical techniques in order to recommend pricing actions which increase volume 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 risk pricing team and within the wider Ageas UK Group.

Main Responsibilities asLead Pricing Analyst (Household):

• Management, development and coaching of Pricing Analysts and Senior Pricing Analysts.
• Develop, validate, review and approve predictive and machine learning models.
• Development and delivery of up to date and accurate datasets for modelling, pricing and monitoring.
• Development and maintenance of pricing models and support for their deployment.
• Carry out pricing analyses and prepare recommendations for senior stakeholders.
• Carry out deployment/send instructions for rate releases and review of rates into rate engine/live environment.
• Develop a balanced view of current and future pricing performance by combining MI, modelling results and company targets.
• Maintenance of records to coordinate pricing decisions and implementation across teams, decision making bodies and implementation pathways.
• Execution, development and project management across all stages of the price control cycle as required.
• Manage the use of our price positioning and competitor analysis in order to decide/recommend, as appropriate, changes to optimise Ageas’ competitive positioning and contribution per policy.
• Inform and influence senior management and heads of department.
• Deputise for the Senior Pricing Manager or Manager where required, including meetings with senior management.

Skills and experience you need as Lead Pricing Analyst (Household):

• Educated to degree level or equivalent in a numerical discipline.
• Experience in insurance pricing or related analytical background.
• Experience in Home pricing would be beneficial.
• 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).
• Experience of Emblem and Radar.
• Experience of using analytics to solve complex business problems.
• Effective coaching of junior staff and development of pricing skills.
• Experience of dealing with and influencing colleagues at all levels up to, and including, senior management and directors.
• Ability to convey advanced statistical concepts to a non statistical audience.
• Self motivated, with the drive, energy and ability to work on own initiative.
• Very strong planning, prioritisation and organisational skills.

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 tosupport and adjustmentsthroughout 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: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.