At a Glance
- Tasks: Analyse data to optimise pricing strategies and drive business growth.
- Company: Join Ageas, a forward-thinking insurance company with a focus on innovation.
- Benefits: Enjoy flexible working, generous holiday, health perks, and a supportive work environment.
- Other info: Inclusive workplace committed to diversity and career development opportunities.
- Why this job: Make a real impact on pricing decisions that shape the future of the business.
- Qualifications: Strong analytical skills and experience in data-driven environments required.
The predicted salary is between 42500 - 47500 £ per year.
Ageas has an exciting opportunity for a Senior Pricing Analyst to join the Strategic Pricing Team. You will support the monitoring of performance and contribute to the profitable development of Ageas’ Household portfolio, through control of pricing. The role requires providing detailed analysis of data using sophisticated actuarial and statistical techniques that inform pricing actions to increase volume, income and profit. The actions will directly impact the future profitability and growth of the business with key targets to increase conversion, retention and achieve target loss ratios.
Responsibilities
- Develop, validate and review predictive models including machine learning models.
- Run data for modelling, pricing and monitoring.
- Develop and deliver up-to-date and accurate datasets for modelling, pricing and monitoring.
- Develop and maintain pricing models and support for their deployment.
- Carry out pricing analyses and prepare options for senior stakeholders.
- Deploy rate releases and review rates into rate engine/live environment.
- Develop a balanced view of current and future pricing performance by combining MI, modelling results and company targets.
- Maintain records to coordinate pricing decisions and implementation across teams, decision‑making bodies and implementation pathways.
- Execute, develop and manage projects across all stages of the price control cycle as required.
Qualifications 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.
- Experience with programming languages (e.g. SAS) and/or statistical packages such as actuarial pricing software.
- Experience with programming languages (e.g. R, Matlab, Python or Octave).
Benefits at Ageas
- Flexible Working – Smart Working across the UK with flexibility within the working day.
- Minimum of 35 days holiday (incl. bank holidays) with options to buy and sell days.
- Dental Insurance, Health Cash Plan, Health Screening, Will Writing, Voluntary Critical Illness, Mental Health First Aiders, Well‑Being Activities – Mindfulness.
- 50% off E‑sure and Sheilas’ Wheels motor and home insurance.
- Annual Bonus Schemes, Annual Salary Reviews, Competitive Pension, Employee Savings, Employee Loans.
- Well‑being activities, mindfulness sessions, sports and social club events.
- Maternity/pregnancy/primary adopter entitlement of 16 weeks at full pay and paternity/non‑pregnant parent/co‑adopter at 8 weeks’ full pay.
- Partner Life Assurance and Critical Illness cover.
- Deals on gadgets including wearables, tablets and laptops.
- Car Salary Exchange, Cycle Scheme, Vehicle Breakdown Cover.
- Return to work programme after maternity leave.
Equality and Diversity
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 Hampshire employer: Ageas UK
Contact Detail:
Ageas UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pricing Analyst - Strategic in Hampshire
✨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 data analysis skills. Be ready to discuss how you've used statistical techniques in past roles, especially if you've worked with predictive models or programming languages.
✨Tip Number 3
Showcase your passion for pricing strategies! When you get the chance, share your thoughts on current trends in the insurance market and how they could impact Ageas' pricing decisions.
✨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 team!
We think you need these skills to ace Senior Pricing Analyst - Strategic in Hampshire
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 data analysis, as these are key for us. Use specific examples that showcase your skills in a data-driven environment.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Tell us why you're passionate about pricing analysis and how your background fits with our goals at Ageas. Be sure to mention any relevant experience with Emblem or Radar.
Showcase Your Technical Skills: We love seeing candidates who are comfortable with programming languages like R, Python, or SAS. Make sure to highlight any projects where you've used these skills to solve real-world problems, especially in insurance or data analysis.
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 gives you a chance to explore more about what we do at Ageas.
How to prepare for a job interview at Ageas UK
✨Know Your Numbers
As a Senior Pricing Analyst, you'll be dealing with data and statistics all day long. Brush up on your quantitative skills and be ready to discuss how you've used data analysis in previous roles. Prepare examples of predictive models you've developed or worked with, especially if they relate to pricing strategies.
✨Understand the Business
Familiarise yourself with Ageas and its Household portfolio. Understand their pricing strategies and how they impact profitability. Being able to discuss how your work can contribute to increasing conversion and retention rates will show that you're not just a numbers person, but also a strategic thinker.
✨Showcase Your Technical Skills
Make sure you highlight your experience with programming languages like R, Python, or SAS. Be prepared to discuss specific projects where you've used these tools for data manipulation or model development. If you have experience with Emblem or Radar, definitely mention that as well!
✨Ask Insightful Questions
Interviews are a two-way street! Prepare thoughtful questions about the team dynamics, current challenges in pricing, or how success is measured in this role. This not only shows your interest in the position but also helps you gauge if the company culture aligns with your values.