Senior Risk Modelling Analyst

AXA Health; Royal Tunbridge Wells; Hybrid; GBP 40,000 - 55,000; Full time

Job summary

A leading health insurer in Royal Tunbridge Wells is seeking a Risk Modelling Analyst to enhance business profitability through advanced data analysis. You'll work with sophisticated modelling techniques and collaborate with various teams, contributing to insights that drive business strategy. The role offers competitive salary and flexible working conditions.

Benefits

Competitive salary

Annual 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.
• Ability to present findings to a non-technical audience.
• Experience with risk modelling tools and techniques.

Responsibilities

• Gather and analyze data to evaluate business profitability.
• Apply machine learning techniques to understand risks.
• Deliver reports with actionable recommendations.

Skills

Risk Modelling tools

Data analysis

MS Excel

Python

Commercial awareness

Education

Graduate in a numerate subject

Tools

SAS Enterprise Guide

Power BI

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 the most up-to-date, sophisticated pricing methods. Using advanced Generalised Linier Modelling (GLM) and Gradient Boosting Machines (GBM), you’ll identify areas that could impact business profitability. You’ll find target market segments where we can expand our portfolio, within set profitability targets.

At AXA we work smart, empowering 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.

We’re also happy to consider flexible working arrangements, which you can discuss with Talent Acquisition.

What you’ll be doing

• Gather and interrogate data, 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.
• Using data from internal and external sources, 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 audience, to drive business strategy.
• Collaborate with colleagues across AXA Health, including senior managers.

Due to the number of applications we expect to receive for this role, we reserve the right to close this advert earlier than the listed closing date to ensure we’re able to effectively manage interest. Therefore, if you’re interested in joining us at AXA, please don’t hesitate to apply.

What you’ll bring

• 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.
• Ability to exhibit extensive experience in Risk Modelling tools such as RADAR, AKUR8 or other machine learning platforms is essential.
• 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.

As a precondition of employment for this role, you must be eligible and authorised to work in the United Kingdom.

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

At AXA UK, we’re appreciative of the people who work for us and our rewards package is reviewed regularly to reflect that. You can expect to receive:

• 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

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].

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Who we are

At AXA Health, we help our members be the best version of themselves by providing access to health and wellbeing support for mind and body. We’re transforming our business by developing easy, efficient, digital experiences for our customers. We’re a collective of specialists passionate about helping our members flourish, whether that’s individuals and families, small businesses or huge corporates.