Lead Pricing Analyst - Insurance Modelling (Hybrid)

Lead Pricing Analyst - Insurance Modelling (Hybrid)

Full-Time 72000 - 72000 £ / year (est.) No working from home possible
Ageas

At a Glance

  • Tasks: Lead pricing projects and develop smarter strategies for insurance products.
  • Company: Join a forward-thinking insurance company with a focus on innovation.
  • Benefits: Flexible working, 35+ days holiday, health support, and tech discounts.
  • Other info: Inclusive workplace with excellent career growth and mentoring opportunities.
  • Why this job: Make a real impact on pricing strategies and enhance business performance.
  • Qualifications: Experience in insurance analysis and strong numerical skills required.

The predicted salary is between 72000 - 72000 £ per year.

We are looking for a skilled and motivated Principal Pricing Analyst to join our Pricing team. In this role, you will help improve the performance and profitability of our motor or home insurance products by developing smarter pricing strategies across our brands and channels. You will use data, market insight, and advanced modelling techniques to support pricing decisions, improve business performance, and keep our pricing competitive. Working closely with teams across the business, you will lead pricing projects, provide technical guidance to analysts, and help ensure all pricing activity meets regulatory and fair value requirements.

Main Responsibilities

  • Deliver pricing and underwriting changes to support profit and growth targets
  • Build, maintain, and improve pricing and risk models using a range of modelling techniques
  • Analyse business performance data, identify trends, and recommend improvements
  • Implement pricing changes accurately and ensure proper governance and controls
  • Lead pricing projects and communicate findings clearly to stakeholders
  • Mentor and support Pricing Analysts and Senior Pricing Analysts
  • Monitor market activity and use insights to improve pricing capability
  • Ensure all work meets FCA and regulatory requirements

Skills and Experience

  • Experience in analysis or knowledge of the UK motor or home insurance market
  • Strong numerical, analytical, and problem-solving skills
  • Degree-level education or equivalent experience
  • Strong communication skills with the ability to explain technical information clearly
  • Good organisational skills and attention to detail
  • Knowledge of pricing and modelling techniques such as GLMs or GBMs
  • Experience with Radar, Emblem, Databricks, Python, or SQL
  • Understanding of Data Science methods and pricing governance

Benefits

  • Flexible working – Smart Working at Ageas gives employees flexibility around location (within the UK) and, for many roles, flexibility within the working day to manage other commitments. We also offer part-time/job-shares.
  • Minimum of 35 days holiday (including bank holidays) with the option to buy and sell days.
  • Supporting your health – Dental insurance, Health Cash Plan, Health Screening, Will Writing, Voluntary Critical Illness coverage, Mental Health First Aiders, Well-Being activities – Mindfulness.
  • Supporting your wealth – 50% off insurer’s 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.
  • Supporting you and your family – Maternity/pregnant parent/primary adopter entitlement of 16 weeks at full pay; paternity/non-pregnant parent/co-adopter at 8 weeks’ full pay.
  • Benefits for them – Partner Life Assurance and Critical Illness cover.
  • 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.

Equal Employment Opportunity

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. We guarantee an interview for applicants with a disability who meet the minimum criteria for the role. If you need adjustments throughout your recruitment experience, please let us know.

Lead Pricing Analyst - Insurance Modelling (Hybrid) employer: Ageas

At Ageas, we pride ourselves on being an excellent employer, offering a flexible hybrid working environment in Reigate that empowers our employees to balance their professional and personal lives. With a strong focus on employee well-being, generous holiday allowances, and comprehensive health benefits, we foster a supportive culture that encourages growth and development through mentorship and training opportunities. Join us to be part of a diverse team committed to innovation in the insurance sector, where your contributions will directly impact our success and the communities we serve.

Ageas

Contact Details:

Ageas Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Lead Pricing Analyst - Insurance Modelling (Hybrid)

Tip Number 1

Network like a pro! Reach out to people in the insurance industry, especially those who work in pricing. A friendly chat can lead to insider info about job openings or even a referral.

Tip Number 2

Prepare for interviews by brushing up on your technical skills. Be ready to discuss your experience with pricing models and data analysis techniques. We want you to shine when it comes to showcasing your expertise!

Tip Number 3

Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.

Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about joining our team. Let’s get you on board!

We think you need these skills to ace Lead Pricing Analyst - Insurance Modelling (Hybrid)

Numerical Skills
Analytical Skills
Problem-Solving Skills
Communication Skills
Organisational Skills
Attention to Detail
Knowledge of UK Motor or Home Insurance Market

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Lead Pricing Analyst role. Highlight your experience in the UK motor or home insurance market and any relevant modelling techniques you've used. We want to see how your skills align with what we're looking for!

Showcase Your Analytical Skills:In your application, emphasise your strong numerical and analytical skills. Use specific examples to demonstrate how you've used data to drive pricing decisions or improve business performance. This will help us see your problem-solving abilities in action!

Communicate Clearly:Since you'll be leading projects and communicating findings to stakeholders, it's crucial to showcase your communication skills. Make sure your application is clear and concise, and don't hesitate to explain any technical information in a way that's easy to understand.

Apply Through Our Website:We encourage you to apply through our website for the best chance of success. It’s straightforward and ensures your application gets to the right people. Plus, it shows us you're keen on joining our team at StudySmarter!

How to prepare for a job interview at Ageas

Know Your Numbers

As a Lead Pricing Analyst, you'll be dealing with data and models all day. Brush up on your numerical skills and be ready to discuss specific examples of how you've used data analysis in previous roles. This will show your potential employer that you can handle the technical aspects of the job.

Understand the Market

Familiarise yourself with the UK motor and home insurance market. Be prepared to discuss current trends, challenges, and opportunities. Showing that you have a grasp of the market landscape will demonstrate your commitment and insight into the role.

Communicate Clearly

Strong communication skills are key for this position. Practice explaining complex pricing strategies or modelling techniques in simple terms. This will help you convey your ideas effectively during the interview and show that you can mentor others.

Prepare for Technical Questions

Expect questions about pricing and modelling techniques like GLMs or GBMs. Review your knowledge of tools such as Radar, Emblem, and SQL. Being able to discuss these confidently will set you apart as a knowledgeable candidate who can hit the ground running.