At a Glance
- Tasks: Shape pricing strategy using advanced analytics and machine learning models.
- Company: Join Ageas, a forward-thinking insurance company with a commitment to inclusivity.
- Benefits: Enjoy hybrid working, 35+ days holiday, health benefits, and discounts on tech.
- Other info: Flexible work arrangements and excellent career development opportunities await you.
- Why this job: Make a real impact on pricing decisions that drive growth and customer satisfaction.
- Qualifications: 2-3 years in pricing, strong analytical skills, and programming experience required.
The predicted salary is between 40000 - 50000 £ per year.
As a Senior Pricing Analyst at Ageas, you’ll play a pivotal role in shaping pricing strategy through advanced analytics and actuarial insight. Your work will directly influence pricing decisions that drive growth, profitability and customer outcomes. From improving conversion and retention to achieving target loss ratios, your insight will have a visible and immediate impact on the success of the business.
Main Responsibilities
- Design, develop and enhance predictive and machine learning models to inform pricing strategy.
- Extract, manipulate and analyse large datasets to support modelling, pricing and performance monitoring.
- Build and maintain robust pricing models, supporting their deployment into live environments.
- Deliver high-quality pricing analysis, presenting clear actionable recommendations to senior stakeholders.
- Support and oversee rate releases, ensuring accuracy and effectiveness in live pricing environments.
- Combine MI, modelling outputs, and commercial targets to develop a balanced view of pricing performance.
- Take ownership across the end-to-end price control cycle, from development to implementation.
- Collaborate across teams to ensure pricing decisions are aligned, well documented and effectively delivered.
- Stay ahead of market trends and competitor activity, identifying risks and opportunities.
Skills and Experience
- 2-3 years experience in pricing.
- Knowledge of insurance products and distribution channels (direct, intermediary, aggregators), ideally in household.
- Proven ability to explore, validate, and analyse large datasets to generate insight.
- Strong programming skills (SAS, R, Python) and experience with statistical or actuarial tools.
- Experience using Emblem and Radar (or similar pricing software).
- Understanding of predictive modelling techniques such as GLMs, GBMs, Random Forests or Neural Networks.
- A highly analytical mindset with strong attention to detail and a passion for problem-solving.
Benefits
- Hybrid working, with flexible arrangements including full‑time, part‑time and job share.
- Minimum of 35 days holiday (including bank holidays) with additional days that can be bought or sold.
- Dental, health cash plan, health screening, will writing, voluntary critical illness cover and mental health first aiders.
- Motor and home insurance discounts, annual bonus schemes, annual salary reviews, competitive pension and employee savings.
- Well‑being activities, mindfulness sessions, sports and social club events.
- Family support: 16 weeks full‑pay maternity, 8 weeks full‑pay paternity/non‑parent.
- Partner life assurance and critical illness cover.
- Tech and vehicle benefits: discounts on gadgets, car salary exchange, cycle scheme, vehicle breakdown cover.
- Return‑to‑work programme after maternity leave.
Equal Opportunity Employer
We are an inclusive employer and a signatory of the Race at Work Charter and Women in Finance Charter. We are a member of iCAN and GAIN. As a Disability Confident Leader, we are committed to ensuring our recruitment processes are fully inclusive and provide support and adjustments throughout the recruitment experience. We guarantee an interview for applicants with a disability who meet the minimum criteria for the role.
Senior Pricing Analyst in Eastleigh employer: Ageas
At Ageas, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. With flexible hybrid working arrangements and a comprehensive benefits package including generous holiday allowances and well-being initiatives, we empower our employees to thrive both personally and professionally. Join us in Eastleigh or London, where your contributions as a Senior Pricing Analyst will directly influence our pricing strategy and drive meaningful outcomes for our customers.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Pricing Analyst in Eastleigh
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by practising common questions and showcasing your analytical skills. Use real-life examples from your experience to demonstrate how you've tackled pricing challenges and delivered results.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Check out our website for roles that excite you, and tailor your approach to show why you're a perfect fit!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the role. Plus, it keeps you on their radar as they make their decision.
We think you need these skills to ace Senior Pricing Analyst in Eastleigh
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Pricing Analyst role. Highlight your experience with pricing strategies, data analysis, 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 pricing and how your skills can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills:Since this role is all about analytics, make sure to showcase your ability to work with large datasets and predictive modelling techniques. Share specific examples of how you've used these skills in past roles to drive results.
Apply Through Our Website:We encourage you to apply through our website for the best experience. It’s straightforward and ensures your application gets to us directly. Plus, you’ll find all the details you need about the role there!
How to prepare for a job interview at Ageas
✨Know Your Numbers
As a Senior Pricing Analyst, you'll be dealing with large datasets and complex models. Brush up on your statistical knowledge and be ready to discuss specific examples of how you've used data to influence pricing strategies in the past.
✨Showcase Your Technical Skills
Make sure you highlight your programming skills in SAS, R, or Python during the interview. Be prepared to explain how you've applied these tools in real-world scenarios, especially in predictive modelling and pricing analysis.
✨Understand the Market
Familiarise yourself with current market trends and competitor activities in the insurance sector. Bring insights to the table about how these factors could impact pricing decisions, showing that you're proactive and knowledgeable.
✨Communicate Clearly
You'll need to present your findings to senior stakeholders, so practice articulating your analysis and recommendations clearly. Use examples from your previous roles to demonstrate how you've effectively communicated complex information in an understandable way.
