Senior Market Pricing Analyst in Bournemouth

Fantastic opportunity to join our Market Pricing team as a Senior Pricing Analyst, assisting to plan and deliver pricing related projects to deadline and quality standards. You will directly influence the future growth of the business, with key deliverables to increase conversion, retention and overall company income and profitability. You will work closely with cross‐functional teams across all products to develop and implement optimisation models, analyse market trends, and make data‐driven decisions to ensure our pricing strategies align with our business objectives.

The role will involve the management of detailed analysis of data using sophisticated machine learning and statistical techniques within price optimisation to recommend pricing actions which increase volume, income and profit. In addition, the Senior Pricing Analyst will build pricing capability and core skills within the business, as well as influence the strategic direction of retail pricing in the wider Ageas UK Group.

• Develop, validate, review and approve models of customer and market behaviour; incorporating machine learning into behavioural models; including the exploration of new techniques to improve model predictiveness.
• Development and maintenance of pricing models and support for their deployment.
• Carry out price optimisation and improve on existing price optimisation processes using innovative techniques; prepare recommendations for senior stakeholders.
• Develop a balanced view of current and future pricing performance by combining MI, modelling results and company targets.
• Inform and influence senior management, heads of department and peers across the Direct Business Unit and Underwriting departments.

• Experience in insurance pricing or related analytical background.
• Experience of price optimisation.
• Experience in using Emblem, Radar, Databricks or industry equivalent.
• Highly skilled in the use of programming language (e.g. SAS) to manipulate data.
• Experience in some of the following predictive modelling techniques e.g. Logistic Regression, Log‐Gamma GLMs, GBMs, Elastic Net GLMs, GAMs, Decision Trees, Random Forests, Support Vector Machines and Neural Nets.

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.

• Flexible Working – Smart Working @ Ageas gives employees flexibility around location and, for many of our roles, flexibility within the working day to manage other commitments.
• A minimum of 35 days holiday (including bank holidays) and the option to buy and sell days.
• Health benefits including Dental Insurance, Health Cash Plan, Health Screening, Will Writing, Voluntary Critical Illness, Mental Health First Aiders, Well‐Being Activities.
• Financial benefits such as 50% off 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/pregnant parent/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 various gadgets including Wearables, Tablets and Laptops.
• Car Salary Exchange, Cycle Scheme, Vehicle Breakdown Cover.
• 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 are committed to ensuring our recruitment processes are fully inclusive. We also guarantee an interview for applicants with a disability who meet the minimum criteria for the role.

Our aim is to have great people everywhere in our business and we are 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 are open to discussing flexible working arrangements.

Want to be part of a Winning Team? Come and join Ageas.