Pricing Analysts

Redefined; Manchester; Hybrid; GBP 50,000 - 80,000; Full time

Job summary

A leading insurance firm in Manchester is seeking an experienced Home Market Pricing Manager. This role involves developing and leading pricing strategies for broker-distributed home insurance products, utilizing advanced modelling techniques to enhance pricing accuracy and performance, while ensuring compliance with UK regulations. The ideal candidate will possess strong pricing experience and excellent communication skills to influence senior stakeholders. The firm offers competitive salary, flexible working conditions, and various benefits including a pension scheme and performance-based bonus.

Benefits

Competitive annual salary

Annual company & performance-based bonus

Contributory pension scheme (up to 12% employer contributions)

Private medical cover

28 days annual leave plus Bank Holidays

Qualifications

• Experienced in leading pricing strategy within broker-distributed products.
• Strong ability in statistical modelling and portfolio analytics.
• Capable of coaching and developing junior analysts.

Responsibilities

• Lead development and refinement of pricing strategies.
• Use advanced modelling techniques for pricing.
• Manage regular price change process ensuring compliance.
• Produce recommendations for senior leadership.

Skills

Strong pricing experience within General Insurance

Excellent technical capabilities in pricing

Ability to translate complex data into recommendations

Good understanding of UK GI regulation

Experience influencing senior stakeholders

Strong communication skills

Passion for developing others

Education

Degree in a numerate discipline

Tools

Emblem

Radar

R

Python

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 a lot 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.

We’re looking for an experienced Home Market Pricing Manager to lead pricing strategy and performance across our broker-distributed Home insurance portfolio. You’ll play a critical role in shaping our approach to the intermediated market-balancing commercial growth, technical rigour and strong broker partnerships.

You’ll develop and optimise pricing strategies that reflect broker channel dynamics and support our growth ambitions, strengthen our competitive position and deliver sustainable profitability. Working closely with Underwriting, Trading, Risk Pricing, Data Science and Finance, you’ll ensure pricing decisions are data-led, commercially robust and aligned with FCA expectations.

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:

• Leading the development, delivery and refinement of pricing strategies specifically for broker-distributed Home products.
• Using advanced modelling techniques, market insight and customer behaviour data to improve pricing accuracy and portfolio performance.
• Managing the regular price change process for the broker portfolio, ensuring strong governance and compliance with FCA pricing practices.
• Overseeing the build, review and implementation of predictive models (GLMs, machine learning models, demand models, propensity models).
• Monitoring the competitive landscape, using external benchmarking, aggregators, market data and competitor actions to inform pricing decisions and deliver profitable growth.
• Producing insightful recommendations and presenting them to senior leadership, using data-led storytelling to influence strategic decisions.
• Coaching and developing junior analysts to strengthen technical capability and knowledge across the team.

What you’ll bring:

• Strong pricing experience within General Insurance - ideally Home with exposure to the broker/intermediated distribution channel.
• Excellent technical capabilities in pricing, statistical modelling and portfolio analytics using tools such as Emblem, Radar, R or Python.
• Demonstrated ability to translate complex data into clear recommendations that balance technical integrity with commercial outcomes.
• Good understanding of UK GI regulation, including FCA pricing practices, fair value assessments and governance expectations for intermediated channels.
• Experience influencing senior stakeholders and working in cross-functional teams spanning Pricing, Underwriting, Trading and Finance.
• Strong communication skills, with the ability to explain technical pricing considerations to non-technical audiences.
• A passion for developing others and fostering a collaborative, high-performance culture; previous experience in managing direct reports is highly desirable.
• A degree in a numerate discipline (e.g., mathematics, statistics, economics) or equivalent experience is preferred.
• 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 four years with an annual declaration in interim years.

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.