Pricing Data & Systems Analyst

AXA UK; Bournemouth, Tunbridge Wells; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance company in Bournemouth is seeking a Pricing Data and Systems Analyst to implement pricing changes and conduct testing to ensure accuracy. The ideal candidate will have strong expertise in pricing and data systems, experience with Radar or similar software, and excellent analytical skills. This role promises competitive salary and good employee benefits with a hybrid working model.

Benefits

Competitive annual salary

Annual bonus

Contributory pension scheme

Life assurance

Private medical cover

25 days annual leave

Opportunity to buy/sell extra leave

Wellbeing services

Employee discounts

Qualifications

• Comprehensive understanding of PMI products, pricing and underwriting.
• Experience of deploying and testing complex rating models.
• Excellent mathematical skills.
• Ability to grasp and explain technical concepts to stakeholders.
• Solution focused with a strong delivery focus.
• Understanding of pricing data, systems and integration.
• Self-motivated with a can-do attitude.
• Strong influencing skills.

Responsibilities

• Implementing pricing changes across Radar on time.
• Carrying out Radar testing to ensure pricing accuracy.
• Building and maintaining pricing EUCs.
• Delivering Radar changes as per transformation requirements.
• Maintaining a log of pricing data requirements.
• Carrying out investigations into Radar incidents.
• Building relationships with pricing teams, IT, and data team.

Skills

Understanding of PMI products

Experience in Radar or equivalent software

Mathematical skills

Ability to explain technical concepts

Solution focused

Understanding of pricing data and systems

Self-motivated

Strong influencing skills

Job description

Description

We’re making a significant investment in pricing capability with a comprehensive pricing transformation programme. This includes the implementation of new pricing software, market-leading modelling, and performance monitoring approaches. Our pricing structure is more aligned to focus on the key disciplines of technical pricing, market pricing and pricing governance. As a result, several vacancies have arisen, with a need for strong data science, actuarial and governance skills.

We have an exciting new opportunity for a Pricing Data and Systems Analyst to join us! Reporting into the Pricing, Data and Systems Manager, you’ll implement pricing changes on Radar, carrying out testing to ensure rating is delivered as intended. You’ll ensure appropriate Radar changes are made in line to transformation programme requirements.

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 two days a week (40%) away from home, moving to three days a week (60%) in the future. Away from home means either attendance at one of our office locations, visiting clients or attending industry events.

What you’ll be doing:

• Implementing pricing changes across Radar ensuring requirements are well understood and delivered on time.
• Carrying out Radar testing to ensure pricing as intended for new propositions and existing product rate changes, targeting a zero-error rate.
• Building and maintaining pricing EUC’s to ensure they are delivering pricing or underwriting as intended, rolling them out effectively to users.
• Delivering Radar changes as per transformation programme requirements.
• Maintaining a log of all pricing data requirements, carrying out data checks on new data deliveries and highlighting any issues to the data team.
• Carrying out investigations into causes of Radar related incidents, analysing impact and assisting in the delivery of timely and appropriate resolution.
• Building strong relationships with other pricing teams, IT and the data team.

What you’ll bring:

• Comprehensive understanding of PMI products, pricing and underwriting approaches
• Experience of deploying and testing complex rating models/algorithms in Radar or equivalent software
• Excellent mathematical skills
• Ability to grasp and explain a range of technical concepts to all business stakeholders
• Solution focused, with a strong focus on delivery, and desire for continuous improvement
• Comprehensive understanding of pricing data, pricing systems and integration with admin platforms
• Self-motivated with a can-do attitude
• Strong influencing skills

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 dependent on experience
• Annual company & performance-based bonus
• Contributory pension scheme (up to 12% employer contributions)
• Life Assurance (up to 10 x annual salary)
• Private medical cover
• 25 days annual leave plus Bank Holidays
• Opportunity to buy up to 5 extra days leave or sell up to 5 days leave
• Wellbeing services & resources
• AXA employee discounts

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].

#LI-Hybrid #FeelgoodHealth

Who we are:

At AXA Health, we’re passionate about helping our members to put their health first, whether that’s individuals and families, small businesses, or huge corporates. From fast access to diagnosis and treatment, to guidance and tools that can help them manage their health every day, not just when there’s a problem, our members can be confident we’ll guide them, every step of the way.