Home Market Pricing Manager

Redefined; Manchester; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance company in Manchester is looking for a Pricing Analyst to support end-to-end Price Optimisations and deliver insights on customer value. Candidates should possess strong numerical skills and experience in insurance pricing. This role offers a competitive salary and a comprehensive benefits package, including an annual performance-based bonus.

Benefits

Competitive annual salary

Annual company & performance-based bonus

Contributory pension scheme

Life Assurance

Private medical cover

25 days annual leave plus Bank Holidays

Wellbeing services & resources

Employee discounts

Qualifications

• Experience in a related Insurance Pricing role is strongly preferred.
• Excellent numerical mathematical skills.
• Knowledge of predictive modelling for Risk or Demand models.

Responsibilities

• Support the end-to-end delivery of Price Optimisations.
• Conduct impact analysis and scenario modelling.
• Understand and improve customer lifetime value outcomes.

Skills

Experience in a related Insurance Pricing role

Excellent numerical mathematical skills

Predictive modelling knowledge

High problem-solving skills

Ability to plan and prioritise work

Knowledge of Python, SQL, R, SAS

Understanding of machine learning techniques

Knowledge of statistical techniques for insurance analysis

Education

Degree in a mathematics related discipline

Tools

Python

SQL

R

SAS

Job description

Description

It's an exciting time in our Pricing and Analytics department here at AXA UK. Our transformation programme has recently been relaunched, aligned to AXA Retail's new Pricing and Analytics strategy. We're investing in growing our department 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

• Assist in supporting the end-to-end delivery of value adding Price Optimisations
• Investigation of customers' responses to price variations via impact analysis and scenario modelling
• Understanding and improving customer lifetime value outcomes
• Competitor analysis and understanding market activity
• Ensure the customer is at the heart of all pricing decisions, ensuring fair value is delivered, with a strong focus on the impact on existing customers
• Data reconciliation, ensuring thorough process documentation and fine-tuning trading performance
• 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 tools such as Python, SQL, R, SAS or other analytical languages/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

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 medical cover
• 25 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].

#LI-Hybrid

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.