Pricing Analyst - Entry Level

AXA UK; Chester; On-site; GBP 27,000; Full time

Job summary

A leading company in insurance consultancy is seeking a graduate to join their high-performance insurance academy. The role involves developing pricing processes, working directly with management to implement frameworks, and participating in ongoing training that combines technical and business skills. Ideal candidates should be ambitious, analytical, and possess strong communication skills.

Qualifications

• Graduate degree in mathematics, physics, statistics, or actuarial science.
• Experience in programming languages like R or Python is a plus.
• Good working knowledge of Microsoft Office tools required.

Responsibilities

• Reviewing, designing, and deploying pricing frameworks and tools for various insurance classes.
• Working with Excel spreadsheets for user testing before transferring to a web-based platform.
• Conducting market research and preparing training material related to pricing models.

Skills

Ambition

Analytical thinking

Problem-solving

Communication

Education

Degree in Mathematics, Physics, Statistics or Actuarial Science

Tools

Excel

R

Python

Job description

Start date: To be confirmed / agreed

Type of contract: Fixed 6 months contract / Full time.

Salary: £27,000pa (prorated for the duration of the contract)

Working arrangements:The successful applicant will work onsite from our offices in Merchants House, Crook St, Chester, CH1 2BE.

Who are Matblas?

We are a specialist pricing and underwriting management consultancy that works with a wide range of clients from the insurance industry.

Since 2007 we have helped hundreds of clients/underwriters improve their workflow, create a consistent pricing framework, generate big data, and better understand and present their numbers.

We provide our clients with wide-ranging software solutions from off-the-shelf standard pricing applications to bespoke integrated systems. Our IT solutions are designed with the ultimate user in mind.

Who are we looking for

MatBlas is looking for a graduatewith a degree in mathematics, physics, statistics, or actuarial science to work with the team, designing and implementing efficient pricing processes for their clients.

The successful candidate will join our high-performance insurance academy, a hands-on training programme that covers a combination of technical, business, and soft skills that are directly implemented in the day-to-day job.

Skills, experience & attributes you will need

• You are ambitious, a forward thinker with a graduate degree in mathematics, physics, statistics or actuarial science, or another analytical subject.
• Academic or practical experience in programming languages such as R or Python would be a plus.
• Good working knowledge of all Microsoft Office tools is a must, though Excel/VBA training would be offered if required.
• You are driven to take on challenging problems and propose efficient and creative solutions.
• Your organisation skills would allow you to simultaneously work on multiple projects.
• You are rigorous, and quality-conscious, with a desire to learn on your own and as part of a group.
• Confident, self-motivated, and accountable with excellent written and oral communication skills.

Day-to-day responsibilities

• Working directly with our managing director reviewing, designing, and deploying pricing frameworks and tools for a wide range of insurance classes of business
• Initially hosting the proposed pricing framework in functional and user-friendly Excel spreadsheets for underwriters’ user testing. Then working with our team of software engineers to transfer models to a web-based pricing platform.
• Research and prepare training material on specific topics related to the pricing models being developed. This would include extensive market research into historic and current market conditions.
• Prepare and maintain technical documentation and user manuals for handover to clients upon completion of projects.
• Carry out exposure and claims analysis of historic performance to make pricing recommendations and recalibrate pricing parameters.
• Assist in the marketing and development of social media campaigns for MatBlas and our online technical academy. You would be an ambassador of our high-performance insurance academy.