Senior Pricing Analyst

Ageas; United Kingdom; Hybrid; GBP 40,000 - 50,000; Full time

Job summary

A leading insurance group in the UK seeks a Senior Pricing Analyst to optimize pricing strategies by analyzing market data and delivering insights. The ideal candidate will possess a degree in a numerical discipline, experience in insurance pricing, and strong analytical skills. This role offers competitive compensation alongside flexible working arrangements, including a hybrid model, and a comprehensive benefits package designed to support employee well-being and development.

Benefits

Flexible working arrangements

Health insurance

Pension plan

Annual bonus schemes

Well-being activities

Career development opportunities

Qualifications

• Strong statistical and analytical foundations.
• Experience in insurance pricing or related analytics field.
• In-depth knowledge of General Insurance pricing methodologies.

Responsibilities

• Analyse and monitor business data for market trends.
• Translate modelling into impactful pricing recommendations.
• Develop and deploy predictive pricing models.

Skills

Statistical analysis

Analytical programming (SAS, R, Python, SQL)

Coaching junior staff

Influencing senior stakeholders

Problem-solving skills

Education

Degree-level education in a numerical discipline

Tools

GLMs (Generalized Linear Models)

Radar

Emblem

Job description

Job Title: Senior Pricing Analyst
Target Start Date: ASAP
Contract Type: Permanent, Part Time, Full Time, Job Share option available
Salary Range: £40,000 - £50,000
Location: Hybrid - London, once a month

Senior Pricing Analyst: We are looking for an experienced Senior Pricing Analyst who understands what makes retail pricing and commercial success work in Personal Lines insurance. You’ll be using sophisticated statistical techniques to introduce innovative approaches to create value. You will also work closely with Pricing Managers to develop and implement complex solutions that improve pricing capabilities and help shape the strategic direction of the market pricing team and the wider Ageas UK Group.

Main Responsibilities

• Analyse, interpret, and monitor business data to identify market trends, product opportunities, and key rating factors, using advanced analytics and machine learning techniques to deliver actionable insights.
• Translate advanced modelling and market insight into commercially impactful pricing recommendations, providing thought leadership to drive business performance.
• Develop, validate, maintain, and deploy predictive and machine learning pricing models into rating systems (e.g. Radar), ensuring high quality datasets for modelling, pricing, and monitoring.
• Review live rates, coordinate pricing decisions across teams, monitor the impact of pricing changes post implementation, and ensure compliance with pricing fairness and data usage policies.
• Provide subject matter expertise on strategic initiatives, represent pricing in senior forums as required, and manage, develop, and coach Pricing Analysts to support capability and talent growth.

Skills and Experience

• Degree-level education in a numerical discipline with solid statistical and analytical foundations, plus experience in insurance pricing or a related analytics field.
• In-depth knowledge of General Insurance pricing methodologies, regulatory requirements, and the application of analytics to solve complex business problems.
• Hands‑on experience with core techniques such as GLMs, predictive modelling, and price optimisation, with exposure to advanced methods (e.g. GBMs, GAMs, neural networks, SVMs).
• Skilled in analytical programming languages (e.g. SAS, R, Python, SQL) and familiar with pricing and modelling tools such as Emblem, Radar, or similar platforms.
• Proven ability to coach junior staff, influence senior stakeholders, communicate complex insights clearly to non‑technical audiences, and work proactively with strong organisational and problem‑solving skills.

Benefits

• Flexible Working: Smart Working @ Agea... 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 InsuranceHealth Cash Plan, Health Screening, Will Writing, Voluntary Critical Illness, Mental Health First Aiders, Well Being Activities – Mindfulness.
• Supporting your Wealth: 50% off esure and Sheilas' Wheels motor and home insurance, 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

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.

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