Senior Pricing Analyst - Strategic in London
Senior Pricing Analyst - Strategic

Senior Pricing Analyst - Strategic in London

London Full-Time 42500 - 47500 £ / year (est.) Home office (partial)
Ageas Insurance Limited

At a Glance

  • Tasks: Join the Strategic Pricing Team to enhance pricing strategies and performance management.
  • Company: Ageas, a leading car and home insurer in the UK, values creativity and innovation.
  • Benefits: Flexible working, 35+ days holiday, health support, and tech discounts.
  • Other info: Inclusive employer with excellent career growth and support for all employees.
  • Why this job: Make a real impact on pricing strategies in a dynamic insurance environment.
  • Qualifications: Experience in data analysis, programming, and knowledge of insurance products required.

The predicted salary is between 42500 - 47500 £ per year.

Ageas have an exciting opportunity for a Senior Pricing Analyst to join the Strategic Pricing Team. Ageas is in the process of delivering wholesale improvement to its pricing sophistication, performance management capability and technical excellence, in order to successfully compete in the home insurance market and as such you will be at the forefront in delivering this strategy. You will support the monitoring of performance and contribute to the profitable development of Ageas' Household portfolio, through control of pricing.

Responsibilities

  • Develop, validate and review predictive models including machine learning models.
  • Run data for modelling, pricing and monitoring.
  • Development and delivery of up to date and accurate datasets for modelling, pricing and monitoring.
  • Development and maintenance of pricing models and support for their deployment.
  • Carry out pricing analyses and prepare options 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.

Skills and Experience

  • Experience of using Emblem or Radar.
  • A good quantitative degree, e.g. in Statistics, Mathematics or Actuarial Science.
  • Experience in a relevant role in a data-driven environment.
  • Knowledge of insurance products and distributions (direct, intermediary, aggregators).
  • Experience of using statistics to explore and validate data, extract and manipulate large datasets for analysis.
  • Experienced in the use of programming language (e.g. SAS) and/or statistical packages e.g. actuarial pricing software.
  • Experienced in the use of a programming language (e.g. R, Matlab, Python or Octave).

Benefits and About Ageas

  • Flexible Working - Smart gives employees flexibility around location (within the UK) and, for many roles, flexibility within the working day to manage other commitments.
  • We offer part-time/job-shares and a minimum of 35 days holiday (inc. bank holidays) with the option to buy and sell days.
  • Supporting your Health - Dental Insurance, Health Cash Plan, Health Screening, Will Writing, Voluntary Critical Illness, Mental Health First Aiders, Well Being Activities - Mindfulness.
  • Supporting your Wealth - 50% off esure and Sheilas' Wheels motor and home insurance, Annual Bonus Schemes, Annual Salary Reviews, Competitive Pension, Employee Savings, Employee Loans.
  • Supporting you at Work - Well-being activities, mindfulness sessions, Sports and Social Club events and more.
  • Supporting you and your Family - Maternity/pregnant parent/primary adopter entitlement of 16 weeks at full pay and paternity/non-pregnant parent/co-adopter at 8 weeks' full pay.
  • Benefits for Them - Partner Life Assurance and Critical Illness cover.
  • Get some Tech - Deals on gadgets including Wearables, Tablets and Laptops.
  • Getting around - Car Salary Exchange, Cycle Scheme, Vehicle Breakdown Cover.
  • Supporting you back to work - Return to work programme after maternity leave.

About Ageas: 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 a signatory of the Race at Work Charter and Women in Finance Charter, member of iCAN and GAIN. As a Disability Confident Leader, we are committed to ensuring our recruitment processes are fully inclusive. That means if you are applying for a job with us, you will have fair access to support and adjustments throughout your recruitment experience. If the list does not cover the support you need, please contact our Recruitment Team to discuss how they can help. We also guarantee an interview for applicants with a disability who meet the minimum criteria for the role.

Senior Pricing Analyst - Strategic in London employer: Ageas Insurance Limited

Ageas is an exceptional employer that prioritises flexibility and employee well-being, offering a hybrid working model from Eastleigh and London, along with generous holiday allowances and comprehensive health benefits. Our inclusive work culture fosters growth and innovation, providing employees with opportunities to develop their skills in a supportive environment while contributing to the strategic advancement of our pricing capabilities in the home insurance market.
Ageas Insurance Limited

Contact Detail:

Ageas Insurance Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Pricing Analyst - Strategic in London

✨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.

✨Tip Number 2

Prepare for interviews by brushing up on your technical skills. Since this role involves predictive models and programming, be ready to discuss your experience with tools like Emblem or Radar.

✨Tip Number 3

Showcase your analytical mindset! Be prepared to share examples of how you've used data to drive decisions in previous roles. This will highlight your fit for the Senior Pricing Analyst position.

✨Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who take that extra step!

We think you need these skills to ace Senior Pricing Analyst - Strategic in London

Predictive Modelling
Machine Learning
Data Analysis
Statistical Analysis
Emblem
Radar
SAS
R
Matlab
Python
Actuarial Pricing Software
Project Management
Insurance Product Knowledge
Quantitative Skills
Data Manipulation

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Pricing Analyst role. Highlight your experience with predictive models and any relevant programming languages like R or Python. We want to see how your skills align with our needs!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about pricing analysis and how you can contribute to Ageas' strategy. Keep it concise but impactful – we love a good story!

Showcase Your Data Skills: Since this role is all about data, make sure to showcase your experience in handling large datasets and using statistical tools. Mention specific projects where you've successfully applied these skills – we want to see your analytical prowess!

Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and you’ll be set!

How to prepare for a job interview at Ageas Insurance Limited

✨Know Your Numbers

As a Senior Pricing Analyst, you'll be dealing with data and models all day. Brush up on your statistical knowledge and be ready to discuss how you've used predictive models in the past. Be prepared to explain your thought process when developing or validating these models.

✨Familiarise Yourself with Tools

Make sure you're comfortable with the tools mentioned in the job description, like Emblem, Radar, and programming languages such as R or Python. If you have experience with these, be ready to share specific examples of how you've used them to drive pricing strategies.

✨Understand the Market

Research Ageas and its position in the home insurance market. Understand their products and how they compete. This will not only help you answer questions but also show your genuine interest in the company and the role.

✨Prepare for Scenario Questions

Expect scenario-based questions that assess your problem-solving skills. Think about past experiences where you've had to analyse data, make pricing decisions, or manage projects. Use the STAR method (Situation, Task, Action, Result) to structure your answers effectively.

Senior Pricing Analyst - Strategic in London
Ageas Insurance Limited
Location: London

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