Direct Pricing Analyst / Senior Direct Pricing Analyst

Redefined; Manchester; On-site; GBP 35,000 - 55,000; Full time

Job summary

A leading insurance provider in Manchester is looking for a pricing analyst to contribute to the transformation of its Pricing and Analytics department. The ideal candidate will have strong numerical skills, experience in insurance pricing, and knowledge of analytical tools. This role offers competitive salary with performance-based bonuses and extensive benefits including life assurance and private medical cover.

Benefits

Competitive annual salary

Annual company & performance-based bonus

Contributory pension scheme

Life Assurance

Private medical cover

28 days annual leave plus Bank Holidays

Qualifications

• Strong numerical mathematical skills.
• Experience preferred in related Insurance Pricing roles.
• Ability to demonstrate high levels of problem-solving skills.

Responsibilities

• Create, validate and reconcile datasets for analysis.
• Support in the creation and maintenance of rating models.
• Provide technical underwriting and pricing support.

Skills

Numerical mathematical skills

Problem-solving skills

Experience in Insurance Pricing

Knowledge of predictive modeling

Understanding of machine learning techniques

Education

Degree in a mathematics related discipline

Tools

Python

R

SAS

SQL

Job description

Description

It's an exciting time in our Pricing and Analytics department. Our transformation programme has recently been relaunched, aligned to AXA Retail's new Pricing and Analytics strategy. We're investing in growing in size and capability across our IT systems, analytical toolset and learning and development. We'd love to hear from motivated people who can help us deliver our commitments to our business, our customers, and our people.

What you'll be doing

• Create, validate and reconcile datasets for analysis and undertake analysis by writing and manipulating code.
• Support in the creation, maintenance and deployment of rating models that predict claims cost, conversion, or retention.
• Contribute to the specification, development and testing cycles for deployment of rates.
• Consider the impact on customers of pricing actions and act to avoid any unfair treatment.
• Lead in producing and developing appropriate monitoring for pricing and other stakeholders.
• Provide technical underwriting and pricing support to assist the business in achieving its plans.
• Build strong relationships with managers, peers and stakeholders.

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

• Experience in a related Insurance Pricing role is strongly preferred.
• Excellent numerical mathematical skills (a degree in a mathematics related discipline or evidence of equivalent proficiency).
• Knowledge of predictive modelling for Risk and/or Demand models.
• Ability to demonstrate high levels of problem-solving skills and initiative.
• Ability to plan and prioritise own work and that of a small project team.
• Knowledge of tool such as Python, R, SAS, SQL or other analytical language/tools are desirable.
• An understanding of machine learning techniques.
• An awareness of appropriate statistical techniques for insurance analysis.
• As a precondition of employment for this role, you must be 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 medical cover
• 28 days annual leave plus Bank Holidays
• Opportunity to buy up to 5 extra days leave or sell up to 5 days leave
• Wellbeing services & resources
• AXA employee discounts

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].

Who we are

AXA Retail helps people live the life they love, knowing we've got their back, at home and on the road. Our people are vital to us becoming more digital, faster and easier to access. We're a dynamic team of experts completely committed to making sure our customers 'get back to the good stuff' when the unexpected happens.