Senior Technical Pricing Analyst

Ageas; Greater London; Hybrid; GBP 72,000 - 88,000; Full time

Job summary

Ageas is seeking a Senior Technical Pricing Analyst to join the Underwriting department’s Broker Technical Pricing team. The role focuses on developing sophisticated pricing models for Private Car, Van, Bike and Household lines, with full-time remote-friendly options and hybrid work across London, Eastleigh, or Bournemouth offices.

The candidate will apply data science methods, contribute to strategic pricing changes, and support projects from data prep to model deployment, with strong emphasis

Qualifications

• A* or A grades in Mathematics and other numerate A-levels.
• 2:1 or above degree in a numerate discipline (e.g., Mathematics, Statistics, Engineering or Physics).
• A PhD or a research-based Masters is highly desired.
• Excellent analytical skills with the ability to manipulate and interpret data.
• Strong problem solving and research abilities to drive complex projects.

Responsibilities

• Create complex actuarial models and interpret results to deliver high impact pricing.
• Support ad-hoc actuarial and statistical analyses across the business.
• Produce reports and presentations to communicate model results to stakeholders.
• Identify opportunities to improve methodologies and deploy new analytical techniques.

Skills

Analytical skills

Problem solving

Research ability

Data interpretation

Education

Numerate degree (2:1 or above)

PhD or MSc desirable

Tools

Python

R

Emblem

Job description

Job Title: Senior Technical Pricing Analyst

Target Start Date: ASAP

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

Salary Range: Up to £52,800

Location: Any Ageas UK office, hybrid

Work Level: 3

Closing Date for applications: Thursday 16th July

Hiring Manager: Glen D'Souza

Senior Technical Pricing Analyst:

An opportunity has arisen to join Ageas’s Underwriting department in the Broker Technical Pricing team. Technical Pricing are responsible for the production of specialist statistical risk models for our Broker insurance products including Private Car, Van, Bike and Household. While we have offices in London, Eastleigh and Bournemouth, we will accommodate working from home full-time.

This exciting role as Senior Technical Pricing Analyst offers the opportunity to explore and use new technologies and be involved in delivering strategic change such as improving the sophistication of models and deploying the latest data science techniques to generate profitable business growth. The Senior Technical Pricing Analyst will support projects, assisting in data preparation, performing, and reviewing actuarial modelling and interpreting results that drives high impact and, intelligent pricing solutions – all of which will help drive our competitive positioning.

This role has a strong research and development focus, so the ideal candidate will be a self-motivated individual with independent research experience and the proven ability to drive complex projects through the complete development cycle, from early conceptualisation to implementation.

Furthermore, the successful candidate will receive a generous study package to support them on the rewarding route to qualification as an Actuary.

Main Responsibilities:

• Creating complex, robust actuarial models and interpreting the results to deliver high impact, innovative pricing


• Assisting in the production of ad-hoc actuarial and statistical analyses, working with stakeholders across the company to solve a wide range of business problems


• Producing reports, documentation, and presentations to communicate statistical models and results to key stakeholders


• Identifying opportunities to challenge and improve existing methodologies, deploying new analytical techniques that deliver new insights and tangible operational improvements.

Skills and experience:

Essential -

• A* or A grades in Mathematics and other numerate A-levels.


• 2’1 or above degree in a numerate discipline: for example, but not limited to, Mathematics, Statistics, Engineering or Physics.


• A PhD or a research-based Masters is highly desired for this role.


• Excellent analytical skills with the ability to manipulate and interpret data.


• The job holder should be able to identify, investigate and interpret the results of an analysis, considering past the more obvious first order effects. A high level of problem solving is required, both logically and laterally, along with an ability to engage in research.

Desirable -

• Experience of actuarial pricing or statistical modelling, preferably in a regulated multi-divisional industry.


• Experience of machine learning techniques e.g., GBMs, Elastic Net Regression or Random Forests in Python or R would be highly advantageous.


• Experience, or awareness, of industry-specific software such as Emblem would be looked upon favorably.


• Previous experience of working in partnership with teams to influence, gain buy in and share knowledge with particular emphasis on being able to present difficult concepts clearly.

To find out more about this role and for information please contact Zoe Powell OR Glen D'Souza.