At a Glance
- Tasks: Lead pricing projects using advanced statistical techniques to drive business growth.
- Company: Join Ageas, a top UK insurance company with a focus on innovation.
- Benefits: Enjoy flexible working, competitive salary, and extensive health benefits.
- Other info: Dynamic team environment with opportunities for career advancement and personal development.
- Why this job: Make a real impact in the insurance industry while developing your analytical skills.
- Qualifications: Degree in a numerical field and 4-5 years of insurance pricing experience required.
The predicted salary is between 60000 - 72000 £ per year.
Are you ready to influence the future growth and profitability of a leading insurance company? As a Lead Risk Pricing Analyst - Non-Standard Motor (Specialist Car, Van and Bike) at Ageas, you will plan and deliver pricing projects to high standards, using sophisticated actuarial and statistical techniques. Your work will directly impact our business’s volume and profit, and you’ll play a crucial role in building pricing capability within our team.
The role will involve the management of detailed analysis of data using sophisticated actuarial and statistical techniques to recommend pricing actions which increase volume and profit. In addition, the Lead Risk Pricing Analyst (Specialist Car, Van and Bike) will build pricing capability and core skills within the business, as well as influence the strategic direction of Risk Pricing team and within the wider Ageas UK Group.
Main Responsibilities:
- Management, development and coaching of Pricing Analysts and Senior Pricing Analysts.
- Develop, validate, review and approve predictive and machine learning models.
- Development and delivery of up to date and accurate datasets for modelling, pricing and monitoring.
- Development and maintenance of pricing models and support for their deployment.
- Carry out pricing analyses and prepare recommendations for senior stakeholders.
- Carry out deployment/send instructions for rate releases and review of rates into rate engine/live environment.
- Develop a balanced view of current and future pricing performance by combining MI, modelling results and company targets.
- Execution, development and project management across all stages of the price control cycle as required.
- Deputise for the Senior Pricing Manager or Manager where required, including meetings with senior management.
Skills and Experience:
- Degree‑educated (or equivalent) in a numerical or analytical discipline, demonstrating strong quantitative capability.
- 4-5 years experience in insurance pricing, with the ability to apply insight to real‑world business challenges.
- Proficient in key programming languages such as SAS, Databricks, with the ability to manipulate and interpret complex datasets.
- Hands‑on experience with industry-standard tools, including Emblem and Radar.
- Skilled in predictive modelling techniques, such as Logistic Regression, GLMs, and GBMs, with a track record of building robust analytical solutions.
- A strong problem-solver, able to use data and analytics to tackle complex business issues and deliver actionable recommendations.
- Experienced in coaching and developing junior team members, helping to build capability and strengthen pricing expertise within the team.
- Confident influencing stakeholders at all levels, including senior management and directors, with the ability to shape thinking and support key decisions.
- Able to communicate advanced statistical and modelling concepts clearly, translating technical analysis into meaningful insights for non-technical audiences.
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.
Benefits:
- Flexible Working - Smart Working @ Ageas gives employees flexibility around location and working hours.
- Minimum of 35 days holiday (including bank holidays) with options to buy and sell days.
- Health benefits including Dental Insurance, Health Cash Plan, Health Screening, and Well Being Activities.
- Financial benefits such as 50% off motor and home insurance, Annual Bonus Schemes, and Competitive Pension.
- Well-being activities, mindfulness sessions, and Sports and Social Club events.
- Maternity and paternity leave entitlements at full pay.
- Partner Life Assurance and Critical Illness cover.
- Deals on various gadgets including Wearables, Tablets and Laptops.
- Car Salary Exchange and Cycle Scheme.
- 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.
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 arrangements.
Want to be part of a Winning Team? Come and join Ageas.
Lead Risk Pricing Analyst - Non-Standard Motor in London employer: Ageas
At Ageas, we pride ourselves on being an excellent employer, offering a supportive and flexible work culture that prioritises employee wellbeing and growth. Our Payroll & Benefits Officer role not only provides competitive salary packages and comprehensive health benefits but also fosters a collaborative environment where you can thrive professionally while enjoying the balance of hybrid working in the beautiful Eastleigh/Bournemouth area.
StudySmarter Expert Advice🤫
We think this is how you could land Lead Risk Pricing Analyst - Non-Standard Motor in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Ageas). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Ageas. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Lead Risk Pricing Analyst - Non-Standard Motor in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Ageas.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Ageas. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Ageas
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Ageas to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Ageas, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Ageas's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
