At a Glance
- Tasks: Lead pricing projects using advanced statistical techniques to drive business growth.
- Company: Join Ageas, a leading insurance company with a focus on innovation and collaboration.
- Benefits: Enjoy flexible working, competitive salary, and extensive health and wellness support.
- Why this job: Make a real impact on pricing strategies and influence the future of insurance.
- Qualifications: Degree in a numerical field and 4-5 years of insurance pricing experience required.
- Other info: Inclusive workplace with opportunities for career development and coaching.
The predicted salary is between 60000 - 72000 £ per year.
Are you ready to influence the future growth and profitability of a leading insurance company? As a Lead Risk Pricing Analyst 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 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.
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 you need
- 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.
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.
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 arrangements.
Want to be part of a Winning Team? Come and join Ageas. Click on the ‘Apply button’ to be considered.
Lead Risk Pricing Analyst - Non-Standard Motor employer: Ageas UK
Contact Detail:
Ageas UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Lead Risk Pricing Analyst - Non-Standard Motor
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work at Ageas. A friendly chat can open doors and give you insider info about the role.
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Be ready to discuss predictive modelling techniques and how you've applied them in real-world scenarios. Show us your analytical prowess!
✨Tip Number 3
Don’t just focus on your qualifications; highlight your coaching experience too! Talk about how you've developed junior team members and built pricing capabilities. We love a team player!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining our winning team at Ageas.
We think you need these skills to ace Lead Risk Pricing Analyst - Non-Standard Motor
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 programming skills. 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 you can contribute to our team. Be sure to mention specific projects or experiences that relate to the job description.
Showcase Your Analytical Skills: Since this role involves sophisticated actuarial and statistical techniques, make sure to showcase your analytical skills in your application. Provide examples of how you've used data to solve complex problems in previous roles.
Apply Through Our Website: We encourage you to apply through our website for a smooth application process. It’s the best way to ensure your application gets to us directly and is considered promptly. We can't wait to hear from you!
How to prepare for a job interview at Ageas UK
✨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 to solve real-world business challenges.
✨Showcase Your Leadership Skills
This role involves coaching and developing junior team members. Prepare examples of how you've successfully managed or mentored others in the past. Highlight your ability to influence stakeholders at all levels, especially senior management, as this will be crucial in your new position.
✨Prepare for Technical Questions
Expect to dive deep into your technical skills during the interview. Familiarise yourself with key programming languages like SAS and Databricks, and be ready to discuss your hands-on experience with industry-standard tools such as Emblem and Radar. Practice explaining complex concepts in simple terms, as you’ll need to communicate effectively with non-technical audiences.
✨Understand the Company Culture
Ageas values inclusivity and flexibility, so do your homework on their culture and benefits. Be prepared to discuss how your values align with theirs, particularly around well-being activities and flexible working arrangements. Showing that you understand and appreciate their approach can set you apart from other candidates.