Senior Insurance Pricing Analyst (Risk Management) *FTC Until 31st December 2025*

AXA UK; London; Hybrid; GBP 45,000 - 70,000; Full time

Job summary

An established industry player is seeking a Senior Pricing Analyst to enhance pricing capabilities and support strategic goals. This pivotal role involves managing risks, leading data analysis, and collaborating with teams to implement innovative solutions. With a focus on personal lines insurance, the ideal candidate will bring expertise in pricing methodologies and regulatory requirements. The company offers a supportive hybrid work environment and a competitive benefits package, making it an exciting opportunity for professionals looking to make a significant impact in the insurance sector.

Benefits

Flexible 35-hour work week

25 days holiday plus bank holidays

Matched pension contributions up to 10%

Life assurance

Wellbeing programmes

Colleague discounts

Enhanced maternity/paternity leave

Performance-related bonus

Income protection

Access to Saga Academy

Qualifications

• Experience in personal lines insurance, especially in Motor, Home, Travel, or Private Medical.
• High accuracy and strong numerical/statistical skills required.

Responsibilities

• Manage risks within the pricing team and ensure effective risk controls.
• Analyze market data to identify trends and opportunities.

Skills

Insurance Pricing

Data Analysis

Numerical Skills

Problem-Solving

Communication Skills

Relationship Management

Education

Degree in Finance or Mathematics

Tools

Radar

Emblem

SQL

R

Python

Job description

Job Introduction

Senior Pricing Analyst (Risk)

Salary competitive based on experience

FTC until 31st December 2025

Hybrid – Home and London Hub

As a Senior Pricing Analyst (Risk), you will oversee the risk management framework for Saga’s street pricing, supporting the insurance strategy, customer outcomes, and contributing to Saga Services' overall P&L.

We seek an experienced pricing expert with a proven track record in developing innovative solutions to enhance Saga Services' pricing capabilities. This role influences all aspects of the pricing process to ensure risks are well managed, while maximizing customer and commercial outcomes. Experience in personal lines insurance, especially in Motor, Home, Travel, or Private Medical, is essential.

You will understand the drivers of best-in-class street pricing and implement innovative processes to create value. Collaboration with Pricing Managers and the broader business will be key to developing and executing complex solutions that improve our pricing capabilities and support the Group’s strategic goals.

Flexible working arrangements are available, allowing you to work from home or in our London or Folkestone hubs. The team meets once a month in London.

Role Responsibilities

As a Senior Pricing Analyst (Risk), you will proactively manage risks within the pricing team, ensuring effective risk controls, compliance, and alignment with customer and commercial outcomes.

Key responsibilities include:

• Providing thought leadership in insurance pricing and data analysis.
• Supporting strategic projects with your expertise.
• Ensuring adherence to pricing fairness and data policies.
• Leading risk control effectiveness testing and addressing control weaknesses.
• Managing SSL Pricing Incidents and conducting root cause analysis.
• Producing risk management reports, including regulatory MI, control assessments, and incident updates.
• Reviewing the SSL Pricing risk register with senior leadership.
• Analyzing market data to identify trends and opportunities.
• Making data-driven recommendations.
• Supporting pricing aspects of business change initiatives, including our partnership with Ageas for Home and Motor products.

The Ideal Candidate

Experience in personal lines insurance, particularly in Motor, Home, Travel, or Private Medical, is essential. Additional desirable skills include:

• Knowledge of regulatory requirements related to pricing.
• Understanding of general insurance pricing methodologies.
• High accuracy and strong numerical/statistical skills.
• Problem-solving mindset and excellent communication skills.
• Influencing and relationship management abilities.
• Leadership and team motivation skills.
• Proactive and organized approach.
• Knowledge of modeling software (Radar, Emblem, etc.) and programming languages (SQL, R, Python) is advantageous.

Package Description

We offer a competitive benefits package, including:

• Flexible 35-hour work week
• 25 days holiday plus bank holidays, with options to purchase additional days
• Matched pension contributions up to 10%
• Life assurance, wellbeing programmes, colleague discounts, and more
• Enhanced maternity/paternity leave and grandparents leave
• Performance-related bonus up to 5%
• Income protection and access to Saga Academy

About the Company

Saga is the UK's leading provider for those over 50, offering cruises, holidays, insurance, and more. We are committed to inclusivity, age diversity, and creating a supportive environment where colleagues can thrive. Recognized as one of the UK’s Best Employers 2025, we value our employees and foster a culture of respect and inclusion. We are signatories of the Age-Friendly Employer Pledge and committed to accessibility in our recruitment processes.

We ensure fair application processes and personal communication throughout your journey with Saga. For more info on our DEI policies and opportunities, visit our Careers page.

Saga does not accept unsolicited agency CVs. Please do not forward CVs unless engaged by our Talent Acquisition Team. Saga is not responsible for fees related to unsolicited CVs.