At a Glance
- Tasks: Develop smart pricing strategies for Motor or Home Insurance products using data and market insights.
- Company: Join a leading insurance company with a focus on innovation and inclusivity.
- Benefits: Enjoy flexible working, generous holiday, health support, and tech perks.
- Other info: Inclusive workplace with excellent career development opportunities and well-being activities.
- Why this job: Make a real impact on pricing strategies while growing your career in a dynamic environment.
- Qualifications: Strong analytical skills and experience in the UK insurance market are essential.
The predicted salary is between 72000 - 72000 £ per year.
The Principal Pricing Analyst will help improve the performance and profitability of Motor or Home Insurance products by developing smarter pricing strategies across brands and channels. The role uses data, market insight and advanced modelling techniques to support pricing decisions, improve business performance and keep pricing competitive. Working closely with teams across the business, the analyst leads pricing projects, provides technical guidance to analysts and ensures pricing activity meets regulatory and fair value requirements.
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
Qualifications
- 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 within the UK, part‑time and job share options.
- Minimum 35 days holiday (incl. bank holidays) with ability to buy and sell days.
- Health Support – Dental insurance, health cash plan, health screening, will writing, critical illness cover, mental health first aiders, wellbeing activities.
- Wealth Support – 50% off esure and Sheilas' Wheels, annual bonus schemes, annual salary reviews, competitive pension, employee savings, employee loans.
- Work Environment – Well‑being activities, mindfulness sessions, sports and social club events.
- Family Support – Maternity and paternity entitlements, return‑to‑work programme after maternity leave.
- Partner Coverage – Life assurance and critical illness cover for partners.
- Tech Perks – Discounted gadgets including wearables, tablets and laptops.
- Transport – Car salary exchange, cycle scheme, vehicle breakdown cover.
Equal Opportunity
We are an inclusive employer and signatories to equality charters. We guarantee interview for applicants with disabilities who meet minimum criteria. We have zero tolerance for harassment during recruitment.
Important Notice – Recruitment Scam Alert
We are aware of fraudulent activity where individuals are contacted with fake job offers claiming to be from Ageas. Ageas will never ask for money at any stage of the recruitment process. All legitimate job opportunities are listed on our official careers pages. If you are unsure about the legitimacy of a job offer or communications, please contact recruitment@ageas.co.uk with the subject FRAUD.
Principal Pricing Analyst in Reigate employer: Ageas
At Ageas, we pride ourselves on being an excellent employer, offering a dynamic work environment in Reigate that fosters collaboration and innovation. Our commitment to employee well-being is reflected in our flexible working options, extensive health support, and generous holiday allowances, ensuring a healthy work-life balance. With ample opportunities for professional growth and development, including mentoring and training, we empower our employees to thrive while contributing to meaningful pricing strategies in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Principal Pricing Analyst in Reigate
✨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 scenarios related to pricing analysis. We recommend doing mock interviews with friends or using online platforms to boost your confidence.
✨Tip Number 3
Showcase your skills! Create a portfolio or case studies that highlight your experience with pricing models and data analysis. This will give you an edge and demonstrate your expertise to potential employers.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, you’ll find all the latest opportunities tailored to your skills and interests right there.
We think you need these skills to ace Principal Pricing Analyst in Reigate
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Principal Pricing Analyst role. Highlight your experience in the UK Motor or Home Insurance market and any relevant skills like data analysis or pricing strategies. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about pricing analysis and how your background aligns with our needs. Keep it concise but impactful – we love a good story that connects your experience to our mission.
Showcase Your Skills:Don’t forget to showcase your numerical, analytical, and problem-solving skills in your application. Mention any experience with tools like Python, SQL, or modelling techniques. We’re looking for someone who can hit the ground running!
Apply Through Our Website:We encourage you to apply through our website for the best chance of success. It’s the easiest way for us to keep track of your application and ensure it gets the attention it deserves. Plus, you’ll be one step closer to joining our awesome team!
How to prepare for a job interview at Ageas
✨Know Your Numbers
As a Principal 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 to drive pricing strategies in the past. This will show your potential employer that you can hit the ground running.
✨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 solid grasp of the market landscape will demonstrate your commitment and readiness for the role.
✨Communicate Clearly
Strong communication skills are key for this role. Practice explaining complex technical concepts in simple terms. You might be asked to present findings or mentor others, so being able to convey your ideas clearly will set you apart from other candidates.
✨Showcase Your Technical Skills
Make sure you're comfortable discussing the tools and techniques mentioned in the job description, like GLMs, GBMs, Python, and SQL. If you have experience with Radar or Emblem, be ready to share specific projects where you utilised these tools effectively.
