Pricing Data & Systems Manager

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

Job summary

A leading insurance company is seeking a Pricing Data and Systems Manager in Bournemouth. In this role, you'll ensure the robustness of pricing and underwriting systems, lead implementation changes, and build strong relationships within the team. The ideal candidate will have expertise in deploying complex rating models and a comprehensive understanding of PMI products. Flexible working patterns are supported, and competitive compensation is offered.

Benefits

Competitive annual salary

Annual company & performance-based bonus

Contributory pension scheme

Life Assurance

Private medical cover

28 days annual leave plus Bank Holidays

Opportunity to buy or sell leave

Wellbeing services & resources

AXA employee discounts

Qualifications

• Comprehensive understanding of PMI products and pricing.
• Expert in deploying complex rating models and algorithms.
• Experience with system testing approaches prior to live deployment.
• Ability to explain technical concepts to business stakeholders.

Responsibilities

• Own all pricing and underwriting systems ensuring their robustness.
• Lead implementation of pricing changes across systems.
• Deliver testing strategies for pricing and underwriting systems.
• Build relationships with pricing teams and IT.

Skills

Mathematical skills

Strong influencing skills

Collaboration

Resilience

Solution focused

Tools

Radar

Complex rating models

Job description

Overview

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 a new opportunity for a Pricing Data and Systems Manager to join us. Reporting into the Head of Pricing Governance and Controls, you’ll ensure all pricing and underwriting systems are robust and well controlled, leading on pricing change delivery and incident resolution should systems fail. You’ll play a central role in defining and prioritising pricing data requirements, collaborating with the data team to ensure delivery of accurate and timely data.

Around work patterns, AXA supports flexible blends of office and remote working to suit individuals and teams. 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.

Responsibilities

• Owning all pricing and underwriting systems, ensuring they are robust and well controlled.
• Leading on implementation of all pricing changes across Radar and legacy systems, ensuring requirements are understood and delivered on time.
• Delivering testing strategy and the process for pricing and underwriting systems to ensure pricing as intended, targeting zero error rate.
• Representing pricing on digital and other transformation programmes to ensure Radar requirements are considered and understood.
• Ensuring required pricing data is available when needed, coordinating data requirements across the pricing team, ensuring priority is clear and liaise with the data team to deliver appropriately.
• Building strong relationships with other pricing teams, data, IT and transformation.
• Leading the pricing data and systems team, coaching and developing direct reports, ensuring priorities are aligned with pricing objectives.
• Owning pricing EUC strategy, ensuring all EUC’s are delivering pricing or underwriting as intended, with appropriate data security measures in place and rolled out effectively to users.

Qualifications

• Comprehensive understanding of PMI products, pricing and underwriting approaches.
• Expert in deploying complex rating models/algorithms in Radar or equivalent software.
• Experience of system testing approaches and approval processes prior to deploying live.
• Demonstrable resilience and experience of successfully managing multiple priorities.
• Ability to grasp and explain a range of technical concepts to all business stakeholders.
• Excellent mathematical skills.
• Solution focused, with a strong focus on delivery, and desire for continuous improvement.
• Strong influencing skills.
• Self-motivated with a can-do attitude, valuing the contribution of others and understanding the need for collaboration.

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

• 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
• 28 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 #LI-FeedgoodHealth

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.