Pricing Analyst

AXA Group; United Kingdom; Hybrid; GBP 30,000 - 40,000; Full time

Job summary

Join a forward-thinking company as part of the Pricing team, where your analytical skills will drive impactful pricing and underwriting changes. This role offers a unique opportunity to work with data to enhance product performance across various sectors. Enjoy flexible working arrangements while contributing to strategic plans in a rapidly changing marketplace. With a competitive salary and a range of benefits, this position is ideal for individuals passionate about performance analysis and eager to make a difference in the insurance industry.

Benefits

Annual Company Bonus

Contributory Pension Scheme

Life Assurance

25 Days Annual Leave

AXA Employee Discounts

Gym Benefits

Opportunity to Buy/Sell Leave

Qualifications

• Essential numeracy qualification or insurance experience within pricing.
• Experience producing detailed analyses from various data sources.

Responsibilities

• Develop and deliver pricing and underwriting reviews for auto-rated products.
• Monitor and produce product performance reports with recommendations.

Skills

Analytical Skills

Influencing Skills

Effective Communication

Decision Making

Numeracy

Education

ACII Qualification

Numeracy Qualification

Tools

Python

SAS

Radar

DataBricks

Power BI

Job description

Do you have an interest in performance analysis? If you’re analytical, great at influencing and detail oriented, this could be an excellent development opportunity for you. We’re seeking someone to join our Pricing team, to assist with the performance analysis and recommendation of pricing and underwriting changes to products across Property, Casualty and Motor areas.

You’ll have a passion for analysing data, utilising this to drive through pricing and underwriting changes to support strategic plans. You’ll ensure that opportunities for development in this rapidly changing and developing SME marketplace are maximised.

At AXA we work smart, empowering our people to balance their time between home and the office in a way that works best for them, their team and our customers. You'll work at least 40% of your week away from home, moving to the majority of your working week from September 2025. Away from home means either attendance at one of our office locations, visiting clients or attending industry events.We’re also happy to consider flexible working arrangements, which you can discuss with Talent Acquisition.

What you’ll be doing:

• Develop and deliver pricing and underwriting reviews for the profitable development of our auto-rated product range.
• Monitor, analyse and produce regular product performance reports, with recommendations, summaries and analysis including identification of trends.
• Review question sets, underwriting criteria and rating structures of open market, direct and software house products, and produce recommendations for implementation.
• Integrate key internal and external competitor monitoring data and other externally produced risk data with our pricing strategies and structures.
• Maintain suitable governance documentation of rate tables, rate structures, algorithms and price changes, so the appropriate approval process is undertaken.
• Recommend pro-active product development changes in consultation with other relevant stakeholders.
• Assist with the audit of external software house and broker systems ensuring that they meet all required underwriting and compliance standards.

Due to the number of applications we expect to receive for this role, we reserve the right to close this advert earlier than the listed closing date to ensure we’re able to effectively manage interest. Therefore, if you’re interested in joining us at AXA, please don’t hesitate to apply.

What you’ll bring:

• ACII, numeracy qualification or insurance experience within pricing – essential.
• Experience of producing detailed analyses from a variety of data sources, across a wide range of factors affecting product performance – essential
• Python, SAS, Radar, DataBricks, Power BI skills - advantage.
• Effective decision making skills.
• Good analytical, presentation, and influencing skills.
• Effective communication, influencing and strong relationship building skills.
• Knowledge of small commercial products – preferred.

As a precondition of employment for this role, you must be eligible and authorised to work in the United Kingdom.

This position has been defined as an Insurance Distribution Directive (IDD) role under the IDD regime which means that in addition to pre-employment screening checks, the successful candidate will be subject to background screening every 4 years with an annual declaration in interim years.

What we offer:

At AXA UK, we’re appreciative of the people who work for us and our rewards package is reviewed regularly to reflect that. You can expect to receive:

• Competitive annual salary of £30,000-£40,000 dependent on experience
• Annual company & performance-based bonus
• Contributory pension scheme (up to 12% employer contributions)
• Life Assurance (up to 10 x annual salary)
• 25 days annual leave plus Bank Holidays
• Opportunity to buy up to 5 extra days leave or sell up to 5 days leave
• AXA employee discounts
• Gym benefits

To apply, click on the ‘apply for this job’ button, you’ll then need to log in or create a profile to submit your CV. We’re proud to be an Equal Opportunities Employer and don’t discriminate against employees or potential employees based on protected characteristics. If you have a long-term condition or disability and require adjustments during the application or interview process, we’re proud to offer access to the AXA Accessibility Concierge. For our support, please send an email to [e-mail].

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Who we are:

AXA Commercial protects businesses, from multinationals to micro start-ups, giving them the confidence to thrive. We’re currently making our biggest ever investment to develop the expertise and skills we need to be the best. We’re a vibrant community where everyone is supported to learn, develop, and take ownership of their work.