Senior Household Pricing Analyst

Ageas Insurance Limited; England; Hybrid; GBP 40,000 - 50,000; Full time

Job summary

A leading insurance firm in the UK is looking for a Senior Household Pricing Analyst to deliver pricing projects and influence business profitability. The ideal candidate will have 1-3 years of experience in pricing and a background in analytical techniques. This role offers flexible working options and competitive benefits, including a potential salary of up to £50,000.

Benefits

Flexible working

Minimum 35 days holiday

Annual Bonus Schemes

Health Cash Plan

Car Salary Exchange

Qualifications

• 1-3 years General Insurance pricing experience.
• Experience in insurance pricing or related analytical background.
• Highly skilled in programming languages (e.g. SAS, R, Matlab, Python).

Responsibilities

• Manage the development and coaching of Pricing Analysts.
• Develop and deliver accurate datasets for modelling and pricing.
• Validate and approve predictive and machine learning models.

Skills

General Insurance pricing experience

Programming in SAS

Experience with R, Matlab, Python

Predictive modelling techniques

Job description

Job Title: Senior Household Pricing Analyst

Target Start Date: ASAP

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

Salary Range: Up to £50,000

Location: Eastleigh, hybrid

Senior Household Pricing Analyst: Ageas have an exciting opportunity for a Senior Household Pricing Analyst to join the Household Pricing Team. The Senior Household 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 Senior Household 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 as Senior Household Pricing Analyst

• Management, development and coaching of Pricing Analysts.
• Development and delivery of up to date and accurate datasets for modelling, pricing and monitoring.
• Develop, validate, review and approve predictive and machine learning models.
• 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.
• Insert responsibilities.
• 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.

Skills and experience you need as Senior Household Pricing Analyst

• 1-3 years General Insurance pricing experience.
• Experience in insurance pricing or related analytical background.
• Highly skilled in the use of programming language (e.g. SAS) to manipulate data.
• Experienced in the use of a programming language (e.g. R, Matlab, Python or Octave).
• Experience in SOME of the following predictive modelling techniques e.g. Logistic Regression, Log-Gamma GLMs, GBMs, Elastic Net GLMs, GAMs.

Here are some of the benefits you can enjoy at Ageas

Flexible Working

Smart gives 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 Insurance Health Cash Plan, Health Screening, Will Writing, Voluntary Critical Illness, Mental Health First Aiders, Well Being Activities - Mindfulness.

Supporting your Wealth

Annual Bonus Schemes, Annual Salary Reviews, Competitive Pension, Employee Savings, Employee Loans.

Supporting you at Work

Well-being activities, 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

Return to work programme after maternity leave.

About Ageas

We are one of the largest car and home insurers in the UK.

Our People

help 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 the Race at Work Charter and Women in Finance Charter, member of iCAN and GAIN. As a Disability 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 to support and adjustments throughout 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 see Ageas 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