At a Glance
- Tasks: Lead pricing projects and analyse data to drive business growth.
- Company: Join Ageas, a leading UK insurer with a creative and inclusive culture.
- Benefits: Enjoy flexible working, generous holiday, health support, and tech discounts.
- Why this job: Make a real impact on pricing strategies and shape the future of insurance.
- Qualifications: 1-3 years in insurance pricing and strong programming skills required.
- Other info: Great career development opportunities in a supportive environment.
The predicted salary is between 36000 - 60000 Β£ per year.
Ageas have an exciting opportunity for a Senior Household Pricing Analyst to join the Household Pricing Team. The Senior Household Pricing Analyst will plan and deliver pricing related projects to deadline and quality standards. They will directly influence the future growth and profitability of the business. The role will involve the management of detailed analysis of data using sophisticated actuarial and statistical techniques in order to recommend pricing actions which increase volume and profit. In addition, the Senior Household Pricing Analyst will build pricing capability and core skills within the business, as well as influence the strategic direction of risk pricing team and within the wider Ageas UK Group.
Main Responsibilities:
- Management, development and coaching of Pricing Analysts.
- Development and delivery of up to date and accurate datasets for modelling, pricing and monitoring.
- Develop, validate, review and approve predictive and machine learning models.
- Development and maintenance of pricing models and support for their deployment.
- Carry out pricing analyses and prepare recommendations for senior stakeholders.
- Carry out deployment/send instructions for rate releases and review of rates into rate engine/live environment.
- Develop a balanced view of current and future pricing performance by combining MI, modelling results and company targets.
- Maintenance of records to coordinate pricing decisions and implementation across teams, decision making bodies and implementation pathways.
- Execution, development and project management across all stages of the price control cycle as required.
- Manage the use of our price positioning and competitor analysis in order to decide/recommend, as appropriate, changes to optimise Ageas' competitive positioning and contribution per policy.
Skills and experience you need:
- 1-3 years General Insurance pricing experience.
- Experience in insurance pricing or related analytical background.
- Highly skilled in the use of programming language (e.g. SAS) to manipulate data.
- Experienced in the use of a programming language (e.g. R, Matlab, Python or Octave).
- Experience in SOME of the following predictive modelling techniques e.g. Logistic Regression, Log-Gamma GLMs, GBMs, Elastic Net GLMs, GAMs.
Benefits:
- Flexible Working: Employees have flexibility around location and working hours.
- Minimum of 35 days holiday (including bank holidays) with options to buy and sell days.
- Health benefits including Dental Insurance, Health Cash Plan, Health Screening, and Well Being Activities.
- Annual Bonus Schemes, Annual Salary Reviews, Competitive Pension, Employee Savings, Employee Loans.
- Well-being activities, mindfulness sessions, Sports and Social Club events.
- Maternity and paternity leave entitlements.
- Partner Life Assurance and Critical Illness cover.
- Deals on various gadgets including Wearables, Tablets and Laptops.
- Car Salary Exchange, Cycle Scheme, Vehicle Breakdown Cover.
- Return to work programme after maternity leave.
We are one of the largest car and home insurers in the UK. Our People help Ageas to be a thriving, creative and innovative place to work. We show this in the service we provide to over four million customers. As an inclusive employer, we encourage anyone to apply. We are committed to ensuring our recruitment processes are fully inclusive. We guarantee an interview for applicants with a disability who meet the minimum criteria for the role. We have a zero-tolerance approach towards any form of harassment during the recruitment process, ensuring that everyone is treated with respect and professionalism.
Senior Household Pricing Analyst in England employer: Ageas Insurance Limited
Contact Detail:
Ageas Insurance Limited Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Senior Household Pricing Analyst in England
β¨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Ageas. A friendly chat can open doors and give you insights that a job description just can't.
β¨Tip Number 2
Prepare for interviews by practising common questions related to pricing analysis. We all know that confidence is key, so get comfortable talking about your experience with predictive modelling and data manipulation.
β¨Tip Number 3
Showcase your skills! Bring examples of your work or projects that highlight your analytical abilities. Whether it's a cool model you built or a successful project, let them see what you can do!
β¨Tip Number 4
Don't forget to apply through our website! Itβs the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining the Ageas team.
We think you need these skills to ace Senior Household Pricing Analyst in England
Some tips for your application π«‘
Tailor Your CV: Make sure your CV is tailored to the Senior Household Pricing Analyst role. Highlight your relevant experience in insurance pricing and any programming skills you have. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills can contribute to our team. Keep it concise but impactful β we love a good story!
Show Off Your Analytical Skills: Since this role involves a lot of data analysis, make sure to showcase your analytical skills in your application. Mention specific projects or experiences where you've used statistical techniques or programming languages like SAS or Python.
Apply Through Our Website: We encourage you to apply directly through our website. Itβs the best way to ensure your application gets to us quickly and efficiently. Plus, youβll find all the details you need about the role there!
How to prepare for a job interview at Ageas Insurance Limited
β¨Know Your Numbers
As a Senior Household Pricing Analyst, you'll be dealing with data and statistics all day long. Brush up on your key metrics and be ready to discuss how you've used data analysis in previous roles. Be prepared to share specific examples of how your insights led to successful pricing strategies.
β¨Showcase Your Technical Skills
Make sure you highlight your programming skills, especially in languages like SAS, R, or Python. Bring along examples of predictive models you've developed or worked on. This will show that you not only understand the theory but can also apply it practically.
β¨Prepare for Scenario Questions
Expect questions that ask you to solve hypothetical pricing challenges. Think about how you would approach these scenarios using your analytical skills. Practising these types of questions can help you articulate your thought process clearly during the interview.
β¨Understand the Companyβs Positioning
Research Ageas and its competitive landscape. Be ready to discuss how you can contribute to their pricing strategy and overall business goals. Showing that you understand their market position will demonstrate your genuine interest in the role and the company.