At a Glance
- Tasks: Lead data analysis and develop predictive models to shape pricing strategies.
- Company: Join Ageas, a top UK insurer known for innovation and inclusivity.
- Benefits: Enjoy flexible working, 35+ days holiday, health support, and tech discounts.
- Other info: This is a fixed-term contract until June 2026 with hybrid working options.
- Why this job: Make a real impact on business growth while collaborating with diverse teams.
- Qualifications: A quantitative degree and experience in data-driven roles are essential.
The predicted salary is between 42000 - 84000 £ per year.
Job Title: Lead Pricing Analyst- Strategic
Target Start Date: ASAP
Contract Type: FTC
Salary Range: Circa £70,000
Location: Any UK Ageas office, hybrid
Lead Pricing Analyst - Strategic: The Strategic Lead Pricing Analyst plays a crucial role in shaping the company’s long‑term market position and profitability through advanced analytics, market research and strategic recommendations.
This role involves leading and reviewing detailed data analysis using sophisticated actuarial and statistical techniques to inform pricing actions aimed at increasing volume, income and profit. The resulting pricing actions will have a direct and immediate impact on the future profitability and growth of the business, with key targets to increase conversion, retention and achieve target loss ratios.
Additionally, the analyst conducts in‑depth market research, utilises advanced analytics, provides strategic recommendations to senior management, enhances risk models with new data insights, collaborates across product lines and engages in dynamic, project‑based work.
Main Responsibilities as Lead Pricing Analyst - Strategic
- Predictive Model Development: Lead the creation, validation and review of predictive models, including machine learning models, and recommend their use in risk pricing.
- Data Accuracy: Ensure the accuracy and appropriateness of data used for modelling, pricing and monitoring.
- Data Assessment: Evaluate new internal and external data to enhance risk pricing, build cost‑benefit analyses and present findings to stakeholders. Collaborate with pricing and implementation teams to deploy new data.
- Tender Support: Provide risk pricing support for tender responses, working closely with Distribution and Underwriting teams.
- Pricing Analysis: Conduct and lead pricing analyses, prepare options for senior stakeholders and clearly present findings to gain their buy‑in. Coordinate rate deployment as needed.
- Monitoring Dashboards: Develop and lead the creation of monitoring dashboards that meet business needs.
- Project Management: Execute, develop and manage projects across all stages of the price control cycle.
- Team Influence: Inform and influence peers within the team and across Ageas.
- Strategic Initiatives: Work with underwriting and pricing teams to deliver on strategic initiatives.
- Market Trends: Identify and monitor market trends that could impact the pricing and underwriting of products.
Skills and experience you need as Lead Pricing Analyst - Strategic
- A good quantitative degree in Statistics, Mathematics or Actuarial Science.
- Experience in a relevant role in a data‑driven environment.
- Knowledge of Home insurance products is essential.
- Experience of using statistics to explore and validate data, extract and manipulate large datasets for analysis.
- Experienced in the use of a programming language (SAS, R, Python) and/or statistical packages.
- 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.
Benefits
Flexible Working: Smart Working @ Ageas gives employees flexibility around location (within the UK) and, for many roles, flexibility within the working day to manage other commitments. Part‑time and job‑share options available. Minimum 35 days holiday (including bank holidays) with ability to 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 – Yoga, Mindfulness.
Supporting your Wealth: Annual Bonus Schemes, Annual Salary Reviews, Competitive Pension, Employee Savings, 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
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. For more information, please see Ageas Everyone.
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, including full‑time, part‑time or job share arrangements. To find out more about Ageas, see About Us.
Important Notice – Recruitment Scam Alert
We are aware of fraudulent activity whereby individuals are being contacted with fake job offers claiming to be from Ageas, often for remote roles such as Administrative Assistants. These scams may include offers of high hourly pay and requests for upfront payments or deposits. Please be aware that Ageas will never ask for money at any stage of the recruitment process. Ageas will always ask you to make an application via our Company Websites and all legitimate Ageas job opportunities are listed on our official careers pages within. Communication will only come from verified Ageas email addresses and if you are unsure about the legitimacy of a job offer or communications you are receiving, 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.
Lead Pricing Analyst - Strategic in Eastleigh employer: Ageas
At Ageas, we pride ourselves on being a top employer in the UK, offering a flexible working environment that allows you to balance your professional and personal commitments. With a strong focus on employee well-being, competitive benefits, and opportunities for growth, our inclusive culture fosters collaboration and innovation, making it an ideal place for a Lead Pricing Analyst to thrive and make a meaningful impact.
StudySmarter Expert Advice🤫
We think this is how you could land Lead Pricing Analyst - Strategic in Eastleigh
✨Tip Number 1
Familiarise yourself with the latest trends in home insurance products. Understanding the market landscape will not only help you in interviews but also demonstrate your proactive approach to the role.
✨Tip Number 2
Brush up on your programming skills, especially in languages like Python or R. Being able to showcase your ability to manipulate large datasets and perform predictive modelling will set you apart from other candidates.
✨Tip Number 3
Network with professionals in the insurance and analytics fields. Engaging with industry experts can provide insights into the role and may even lead to referrals, increasing your chances of landing the job.
✨Tip Number 4
Prepare to discuss specific examples of how you've used data analysis to influence pricing strategies in previous roles. Real-world applications of your skills will resonate well with the hiring team.
We think you need these skills to ace Lead Pricing Analyst - Strategic in Eastleigh
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience and skills that align with the Lead Pricing Analyst role. Emphasise your quantitative degree, experience in data-driven environments, and knowledge of home insurance products.
Craft a Compelling Cover Letter:Write a cover letter that showcases your analytical skills and experience with predictive modelling techniques. Explain how your background makes you a perfect fit for the strategic aspects of the role and how you can contribute to Ageas's long-term market position.
Highlight Technical Skills:Clearly list your proficiency in programming languages (like SAS, R, or Python) and any statistical packages you've used. Mention specific predictive modelling techniques you are familiar with, as these are crucial for the role.
Showcase Project Management Experience:If you have experience managing projects, especially related to pricing analysis or data assessment, make sure to include this in your application. Highlight any successful outcomes from your previous projects that demonstrate your ability to lead and influence teams.
How to prepare for a job interview at Ageas
✨Showcase Your Analytical Skills
As a Lead Pricing Analyst, your ability to analyse data is crucial. Be prepared to discuss specific examples of how you've used advanced analytics and statistical techniques in previous roles. Highlight any predictive models you've developed and the impact they had on pricing strategies.
✨Understand the Market Landscape
Familiarise yourself with current trends in the home insurance market. Be ready to discuss how these trends could influence pricing decisions. Demonstrating your knowledge of market dynamics will show that you can contribute strategically to the company's goals.
✨Prepare for Technical Questions
Expect questions related to programming languages and statistical techniques mentioned in the job description. Brush up on your knowledge of SAS, R, or Python, and be ready to explain how you've applied these tools in your work, especially in predictive modelling.
✨Communicate Clearly and Confidently
You'll need to present findings to senior stakeholders, so practice articulating complex data insights in a clear and concise manner. Use examples from your past experiences to illustrate your points, and ensure you can explain your thought process behind pricing recommendations.
