Senior Risk Modelling Analyst

AXA UK plc; Royal Tunbridge Wells; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

A leading insurance provider is seeking a Risk Modelling Analyst to analyze data and provide insights for business profitability. You will work with advanced modelling techniques and collaborate with senior managers to drive strategy. Ideal candidates have experience in risk modelling and strong analytical skills. The role supports flexible working arrangements and offers a competitive salary and benefits.

Benefits

Competitive annual salary

Annual company & performance-based bonus

Contributory pension scheme

Private health cover

25 days annual leave plus Bank Holidays

Qualifications

• Demonstrable experience in a similar role or relevant graduate scheme.
• Extensive experience in risk modelling tools such as RADAR, AKUR8.
• Eligible and authorised to work in the United Kingdom.

Responsibilities

• Gather and interrogate data and management information to evaluate business profitability.
• Investigate emerging trends, risks, and opportunities.
• Use machine learning techniques to understand risks and dependencies.

Skills

Data analysis and visualisation

Risk modelling tools

Presentation skills

Numerical and analytical approach

Commercial awareness

Education

Graduate in a numerate subject

Tools

SAS Enterprise Guide

Power BI

SQL

Python

VBA

Job description

Overview

Do you have expertise in risk modelling, artificial intelligence (AI) and machine learning? If you're brilliant with analysing data and crafting impactful stories, this could be a great opportunity. We're looking for a Risk Modelling Analyst to join our Technical Pricing Team in AXA Health. We're working with up-to-date, sophisticated pricing methods. Using GLM and GBM, you'll identify areas that could impact business profitability and find target market segments where we can expand our portfolio within set profitability targets. At AXA we empower 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. Flexible working arrangements can be discussed with Talent Acquisition.

Responsibilities

• Gather and interrogate data and management information (MI) to evaluate business profitability.
• Work with a variety of data sources to investigate emerging trends, risks, and opportunities.
• Evaluate the impact of strategic and tactical initiatives on business performance.
• Use latest machine learning techniques and models to develop an in-depth understanding of risks and dependencies.
• Use data from internal and external sources to run GLM and GBM to analyse interactions between elements of risk within portfolios.
• Review, analyse and propose pricing recommendations across varied AXA Health portfolios.
• Deliver high quality reports with recommendations for both technical and non-technical audiences to drive business strategy.
• Collaborate with colleagues across AXA Health, including senior managers.

Qualifications

• Demonstrable experience in a similar role or a relevant graduate scheme.
• Strong technical skills, especially in MS Excel, including data analysis and visualisation.
• Ability to clearly present findings from analyses and tell stories for a non-technical audience.
• Extensive experience in risk modelling tools such as RADAR, AKUR8 or other machine learning platforms.
• Numerical and analytical approach.
• Commercial awareness and an understanding of profitability.
• Experience of SAS Enterprise Guide, Power BI, VBA, SQL and Python.
• Knowledge and/or experience of risk modelling, GLM and GBM tools.
• Graduate in a numerate subject such as mathematics, mathematics with actuarial studies, mathematics with finance or economics - preferred, but not essential.
• Eligible and authorised to work in the United Kingdom.

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 health cover
• 25 days annual leave plus Bank Holidays
• Opportunity to buy up to 5 extra days leave or sell up to 5 days leave
• AXA employee discounts
• Wellbeing services & resources

Other information

As a regulated financial services company, all successful candidates will be subject to pre-employment checks. In line with IDD, background screening will be conducted every 4 years with an annual declaration in interim years. This position is an Insurance Distribution Directive (IDD) role where applicable. AXA UK is an Equal Opportunities Employer, committed to diversity and inclusion. We actively encourage applications from individuals of all backgrounds, and we comply with the Disability Confident scheme where applicable. Should you wish to report concerns, you can contact AXA via the dedicated channels listed in the advert.