Senior Pricing Analyst - Strategic Market in City of London

Ageas has an exciting opportunity for a Senior Pricing Analyst to join the Strategic Pricing Team. Ageas is delivering wholesale improvement to its pricing sophistication, performance management capability and technical excellence, enabling it to compete strongly in the home insurance market. In this role you will support the monitoring of performance and contribute to the profitable development of Ageas’ Household portfolio through pricing control.

The Senior Pricing Analyst will provide detailed analysis of data using advanced actuarial and statistical techniques that inform pricing actions to increase volume, income and profit. The initiatives will directly influence future profitability and growth, with key targets to increase conversion, retention and achieve target loss ratios.

• Develop and coach Pricing Analysts.
• Develop, validate, review, and approve predictive machine learning models, exploring new techniques to improve model predictability.
• Deliver up‑to‑date and accurate datasets for modelling, pricing, and monitoring, while exploring new data sets to enhance models.
• Develop and maintain pricing models and support their deployment.
• Perform price optimisation and improve existing processes using innovative techniques; prepare recommendations for senior stakeholders.
• Deploy and review rates in the live rating engine.
• Maintain and apply models of customer and market behaviour, incorporating machine learning into behavioural models.
• Combine MI, modelling results, and company targets to develop a balanced view of current and future pricing performance.
• Maintain records to coordinate pricing decisions and implementation across teams and decision‑making bodies.
• Execute, develop, and manage projects across all stages of the pricing control cycle.
• Inform and influence senior management, heads of department, and peers across the Pricing and Underwriting department.
• Deputise for senior colleagues when required.

• Degree level or equivalent in a numerical discipline.
• 3+ years’ experience in insurance pricing or a related analytical background.
• Proficient in using programming languages (e.g., SAS) to manipulate data.
• Experience with predictive modelling techniques such as Logistic Regression, Log‑Gamma GLMs, GBMs, Elastic Net GLMs, GAMs, Decision Trees, Random Forests, Support Vector Machines, and Neural Nets.
• Skilled in programming languages (e.g., R, Matlab, Python, or Octave).
• Knowledge and/or experience in Price Optimisation.
• Proven ability to use analytics to solve complex business problems.
• Experience in influencing colleagues at all levels, including senior management and directors.
• Ability to convey advanced statistical concepts to a non‑statistical audience.
• Self‑motivated with the drive, energy, and ability to work on your own initiative.

• Delivery of high‑quality pricing projects from start to end with minimal management input.
• Proficiency in data, modelling, pricing and reporting tasks.
• Speedy delivery and accuracy of data, models, pricing rates and reports.
• Ensure work is reliable and free of errors.
• Ensure model accuracy and robustness meet the business need for stability and sustainability.
• Creativity and innovation: quantity and quality of new developments—develop new analytical solutions using industry best practice and taking account of critical business requirements.
• Teamwork: build strong working relationships with colleagues across the business.

• Flexible Working: Smart Working gives employees flexibility around location (within the UK) and, for many roles, flexibility within the working day to manage other commitments. We offer part‑time/job‑share positions, a minimum of 35 days holiday (incl. bank holidays), and the ability to buy and sell holiday days.
• Supporting your Health: Dental insurance, health cash plan, health screening, will writing, voluntary critical illness, mental health first aiders, and well‑being activities such as yoga and mindfulness.
• Supporting your Wealth: Annual bonus schemes, annual salary reviews, competitive pension, employee savings, and employee loans.
• Supporting you at Work: Well‑being activities, yoga, mindfulness sessions, sports and social club events.
• 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: Ageas is one of the largest car and home insurers in the UK. We are a thriving, creative and innovative place to work, serving over four million customers. As an inclusive employer, we encourage anyone to apply. We are a signatory of the Race at Work Charter and Women in Finance Charter, a member of iCAN and GAIN, and a Disability Confident Leader. We guarantee an interview for applicants with a disability who meet the minimum criteria for the role. You can find more information and apply through our official careers page.

Important Notice – Recruitment Scam Alert: We are aware of fraudulent activity where individuals receive fake job offers claiming to be from Ageas, often for remote roles such as administrative assistants. These scams may offer high hourly pay and request upfront payments or deposits. Ageas will never ask for money at any stage of the recruitment process. All legitimate opportunities are listed on our official careers website and communications come only from verified Ageas email addresses. If you are unsure of a job offer or communication, please contact recruitment@ageas.co.uk with the subject FRAUD.

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