At a Glance
- Tasks: Lead pricing projects using advanced actuarial techniques to boost business growth.
- Company: Join Ageas, a top employer in the UK insurance industry.
- Benefits: Enjoy flexible working, 35+ days holiday, and comprehensive health support.
- Other info: Be part of a dynamic team with excellent career development opportunities.
- Why this job: Make a real impact on pricing strategies and influence company success.
- Qualifications: Degree in a numerical field and 4-5 years of insurance pricing experience required.
Are you ready to influence the future growth and profitability of a leading insurance company? As a Lead Risk Pricing Analyst - Non-Standard Motor (Specialist Car, Van and Bike) at Ageas, you will plan and deliver pricing projects to high standards, using sophisticated actuarial and statistical techniques. Your work will directly impact our business’s volume and profit, and you’ll play a crucial role in building pricing capability within our team.
The role will involve the management of detailed analysis of data using sophisticated actuarial and statistical techniques to recommend pricing actions which increase volume and profit. In addition, the Lead Risk Pricing Analyst (Specialist Car, Van and Bike) 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 and Senior Pricing Analysts.
- Develop, validate, review and approve predictive and machine learning models.
- 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 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.
- Execution, development and project management across all stages of the price control cycle as required.
- Deputise for the Senior Pricing Manager or Manager where required, including meetings with senior management.
Skills and Experience:
- Degree‑educated (or equivalent) in a numerical or analytical discipline, demonstrating strong quantitative capability.
- 4-5 years experience in insurance pricing, with the ability to apply insight to real‑world business challenges.
- Proficient in key programming languages such as SAS, Databricks, with the ability to manipulate and interpret complex datasets.
- Hands‑on experience with industry-standard tools, including Emblem and Radar.
- Skilled in predictive modelling techniques, such as Logistic Regression, GLMs, and GBMs, with a track record of building robust analytical solutions.
- A strong problem-solver, able to use data and analytics to tackle complex business issues and deliver actionable recommendations.
- Experienced in coaching and developing junior team members, helping to build capability and strengthen pricing expertise within the team.
- Confident influencing stakeholders at all levels, including senior management and directors, with the ability to shape thinking and support key decisions.
- Able to communicate advanced statistical and modelling concepts clearly, translating technical analysis into meaningful insights for non-technical audiences.
At Ageas we offer a wide range of benefits to support you and your family inside and outside of work, which helped us achieve Top Employer status in the UK.
Benefits:
- Flexible Working: Smart Working @ Ageas gives employees flexibility around location (as long as it’s within the UK) and, for many of our roles, flexibility within the working day to manage other commitments, such as school drop offs etc. We also offer all our vacancies part-time/job-shares. We also offer a minimum of 35 days holiday (inc. bank holidays) and you can 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 various 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.
Want to be part of a Winning Team? Come and join Ageas.
Lead Risk Pricing Analyst in London employer: Ageas Insurance Ltd
At Ageas, we pride ourselves on being a top employer in the UK, offering a dynamic work culture that fosters flexibility and personal growth. As a Lead Risk Pricing Analyst, you will not only influence our pricing strategies but also have the opportunity to mentor and develop junior analysts, all while enjoying generous benefits such as 35 days of holiday, comprehensive health support, and a commitment to work-life balance. Join us in shaping the future of insurance with a team that values your contributions and invests in your professional development.
StudySmarter Expert Advice🤫
We think this is how you could land Lead Risk Pricing Analyst in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to risk pricing. We recommend doing mock interviews with friends or using online resources to boost your confidence.
✨Tip Number 3
Showcase your skills! Bring along examples of your work, like reports or models you've developed. This will help you demonstrate your expertise in predictive modelling and data analysis during interviews.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are genuinely interested in joining our team at Ageas.
We think you need these skills to ace Lead Risk Pricing Analyst in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Lead Risk Pricing Analyst role. Highlight your experience in insurance pricing and any relevant projects you've worked on. We want to see how your skills align with what we're looking for!
Showcase Your Skills:Don’t just list your skills; demonstrate them! Use specific examples of how you've applied predictive modelling techniques or managed teams. This helps us see your hands-on experience and problem-solving abilities in action.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Explain why you're passionate about this role and how you can contribute to our team. We love seeing enthusiasm and a clear understanding of the position.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Ageas Insurance Ltd
✨Know Your Numbers
As a Lead Risk Pricing Analyst, you'll be dealing with complex datasets and statistical techniques. Brush up on your knowledge of predictive modelling techniques like Logistic Regression and GLMs. Be ready to discuss how you've applied these in past roles, as this will show your practical experience and understanding of the job.
✨Showcase Your Leadership Skills
This role involves managing and coaching junior analysts, so be prepared to share examples of how you've developed others in your previous positions. Highlight any specific instances where your guidance led to improved performance or capability within your team.
✨Prepare for Stakeholder Engagement
You'll need to influence senior management and directors, so practice articulating complex statistical concepts in a way that's easy to understand. Think of examples where you've successfully communicated insights to non-technical audiences, as this will demonstrate your ability to bridge the gap between data and decision-making.
✨Understand the Business Impact
The role is all about driving profitability and growth. Familiarise yourself with Ageas's business model and think about how your pricing strategies can impact their bottom line. Be ready to discuss how your analytical recommendations have previously influenced business outcomes.
