Market Pricing Analyst in Bournemouth

Market Pricing Analyst in Bournemouth

Bournemouth Full-Time 30000 - 40000 £ / year (est.) No home office possible
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Ageas UK

At a Glance

  • Tasks: Use your maths skills to develop predictive models and optimise pricing strategies.
  • Company: Join Ageas, a leading car and home insurer in the UK with a creative culture.
  • Benefits: Enjoy flexible working, 35+ days holiday, health support, and tech discounts.
  • Why this job: Make a real impact on business growth while learning from industry experts.
  • Qualifications: Numerical degree and experience with data analysis and programming languages.
  • Other info: Inclusive employer with great career development opportunities and a supportive environment.

The predicted salary is between 30000 - 40000 £ per year.

Target Start Date: ASAP

Contract Type: FTC until 31st December 2026

Salary Range: £30,000 - £40,000

Location: Hybrid - Bournemouth once a month

Closing Date for applications: Tuesday 6th April

Fantastic opportunity to use your mathematics, statistics or actuarial degree to genuinely contribute towards the future growth of the business, to increase the number of new insurance customers, retention of our existing customers and overall company income and profitability. You can expect from the outset to be making real contributions on a variety of exciting projects. The Pricing Analyst position at Ageas is a great opportunity for someone looking to grow and develop into a key contributor within our Pricing Department. You will learn from some of the best data led individuals in the insurance industry and we will continuously support you throughout your development and future career.

Main Responsibilities:

  • Develop predictive models using traditional GLM techniques and machine learning.
  • Run data for modelling, pricing and monitoring.
  • Carry out price optimisation.
  • Deploy rates into rate engine.
  • Delivery of up to date and accurate performance reports across all brands, products and channels.
  • Tracking the performance of new price initiatives against expected results.
  • Develop a balanced view of current 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.

Skills and experience you need:

  • A good numerical degree.
  • Knowledge of using statistics to explore and validate data, extract and manipulate large datasets for analysis.
  • Experienced in the use of basic analytical software, especially Excel.
  • Experienced in the use of a programming language (e.g. R, Matlab, Python or Octave).
  • Highly numerate with excellent attention to detail.

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.
  • 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.

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’re 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.

We have a zero-tolerance approach towards any form of harassment during the recruitment process, ensuring that everyone is treated with respect and professionalism. Our aim is to have great people everywhere in our business and we’re always looking for outstanding people to join us. Most roles across Ageas allow a proportion of your time to be spent working from home and we’re open to discussing flexible working, including full-time, part-time or job share arrangements.

Want to be part of a Winning Team? Come and join Ageas. Click on the ‘Apply button’ to be considered.

Market Pricing Analyst in Bournemouth employer: Ageas UK

Ageas is an exceptional employer that prioritises employee well-being and professional growth, offering a flexible working environment in Bournemouth. With a commitment to inclusivity and support, employees benefit from extensive health plans, generous holiday allowances, and opportunities for career development within a dynamic team of industry experts. Join us to make meaningful contributions while enjoying a balanced work-life experience.
Ageas UK

Contact Detail:

Ageas UK Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Market Pricing Analyst in Bournemouth

✨Tip Number 1

Network like a pro! Reach out to people in the industry, especially those already working at Ageas. A friendly chat can give you insider info and maybe even a referral!

✨Tip Number 2

Prepare for the interview by brushing up on your data analysis skills. Be ready to discuss how you've used statistics and programming languages like Python or R in real-world scenarios.

✨Tip Number 3

Show off your passion for pricing strategies! Think about how you can contribute to the company's growth and retention goals, and be ready to share your ideas during the interview.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the Ageas team!

We think you need these skills to ace Market Pricing Analyst in Bournemouth

Numerical Analysis
Statistical Analysis
Data Manipulation
Predictive Modelling
GLM Techniques
Machine Learning
Price Optimisation
Performance Reporting
Analytical Software (Excel)
Programming (R, Matlab, Python, Octave)
Attention to Detail
Data Validation
Data Extraction

Some tips for your application 🫡

Show Off Your Skills: Make sure to highlight your numerical degree and any experience with statistics or programming languages like R or Python. We want to see how you can bring your analytical skills to the table!

Tailor Your Application: Don’t just send a generic CV! Tailor your application to reflect the specific responsibilities and skills mentioned in the job description. This shows us that you’re genuinely interested in the Market Pricing Analyst role.

Be Clear and Concise: When writing your application, keep it clear and to the point. Use bullet points where possible to make it easy for us to read through your qualifications and experiences quickly.

Apply Through Our Website: Remember to apply through our official website! It’s the best way to ensure your application gets to us directly and is considered for the role. Plus, it’s super easy to do!

How to prepare for a job interview at Ageas UK

✨Know Your Numbers

As a Market Pricing Analyst, you'll be dealing with data and statistics all day long. Brush up on your numerical skills and be ready to discuss how you've used them in past projects. Be prepared to explain any predictive models or analytical techniques you've worked with.

✨Familiarise Yourself with Tools

Make sure you're comfortable with the analytical software mentioned in the job description, especially Excel and any programming languages like R or Python. If you can, bring examples of how you've used these tools to solve problems or optimise pricing strategies in previous roles.

✨Understand the Business

Research Ageas and its position in the insurance market. Understand their products and pricing strategies. This will not only help you answer questions but also show your genuine interest in contributing to their growth and success.

✨Prepare Questions

Interviews are a two-way street! Prepare thoughtful questions about the role, team dynamics, and future projects. This shows that you're engaged and serious about the opportunity, plus it gives you valuable insights into whether this is the right fit for you.

Market Pricing Analyst in Bournemouth
Ageas UK
Location: Bournemouth
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