At a Glance
- Tasks: Lead innovative pricing projects to enhance customer value and drive profitability.
- Company: AXA, a global leader in insurance and financial services.
- Benefits: Flexible work arrangements, competitive salary, and professional development opportunities.
- Other info: Join a dynamic team with a focus on growth and innovation.
- Why this job: Make a real impact on pricing strategies that benefit customers and the business.
- Qualifications: Experience in insurance pricing, strong numerical skills, and knowledge of analytical tools.
The predicted salary is between 55000 - 65000 € per year.
About AXA
AXA is a global leader in insurance and financial services, dedicated to helping customers protect what matters most to them. As the sixth-largest insurance company in the world, we provide a wide range of services, including health, car, home, and business insurance. We support millions of customers worldwide, helping them navigate life's uncertainties with confidence. AXA Retail helps people get back to the good stuff with quick, fuss-free home and car insurance and brilliant customer service.
Job overview
It's an exciting time in our Pricing and Analytics department here at AXA UK. Our transformation programme is underway, aligned to AXA Retail's new Pricing and Analytics strategy. We're investing in growing our department in size and capability, across our IT systems, analytical toolset and learning and development. We’re looking for a Senior Pricing Analyst / Principal Pricing Analyst to lead and support innovative pricing projects that enhance customer value and satisfaction, strategically optimise risk and drive increased profitability. You will play a key role in developing and implementing pricing strategies that balance competitive positioning with sustainable business growth, ensuring we deliver value to our customers while achieving our financial targets.
Key responsibilities
- Assist in supporting the end-to-end delivery of value adding Price Optimisations
- Investigation of customers’ responses to price variations via impact analysis and scenario modelling
- Understanding and improving customer lifetime value outcomes
- Competitor analysis and understanding market activity
- Ensure the customer is at the heart of all pricing decisions, ensuring fair value is delivered, with a strong focus on the impact on existing customers
- Data reconciliation, ensuring thorough process documentation and fine-tuning trading performance
- Build strong relationships with managers, peers and stakeholders
Work arrangements
At AXA we work smart, empowering our people to balance their time between home and the office in a way that works best for them, their team and our customers. You'll work at least two days a week (40%) away from home, moving to three days a week (60%) in the future. Away from home means attending the office, visiting clients or attending industry events. We know that some candidates may be discouraged from applying if they don't meet every requirement. If you’re excited by this job and the prospect of working at AXA but you’re not sure you tick every box, we’d still encourage you to apply.
Your skills & experience
- Experience in a related Insurance Pricing role is essential.
- Experience leading projects and/or people is preferred.
- Excellent numerical mathematical skills (a degree in a mathematics related discipline or evidence of equivalent proficiency).
- Knowledge of predictive modelling for Risk and/or Demand models.
- Ability to demonstrate high levels of problem-solving skills and initiative.
- Ability to plan and prioritise own work and that of a small project team.
- Advanced knowledge of Python, SQL, R, SAS or other analytical languages/tools.
- An understanding of machine learning techniques.
- An awareness of appropriate statistical techniques for insurance analysis.
We’re proud to be an Equal Opportunities Employer and don’t discriminate against employees or potential employees based on protected characteristics. If you have a long‑term condition or disability and require adjustments during the application or interview process, we’re proud to offer access to the AXA Accessibility Concierge.
Direct Pricing Analyst / Senior Direct Pricing Analyst in London employer: AXA Group
AXA is an exceptional employer, offering a dynamic work environment where innovation and customer focus are at the forefront of our Pricing and Analytics department. With a commitment to employee growth through extensive learning and development opportunities, we empower our team members to thrive in their careers while enjoying a flexible work-life balance. Located in the UK, AXA fosters a collaborative culture that values diversity and inclusivity, making it a rewarding place for professionals seeking meaningful contributions in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Direct Pricing Analyst / Senior Direct Pricing Analyst in London
✨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 researching AXA's values and recent projects. Show us that you’re not just another candidate but someone who genuinely cares about what we do and how you can contribute to our mission.
✨Tip Number 3
Practice your problem-solving skills! Since we value analytical thinking, try tackling some case studies or pricing scenarios. This will help you shine during interviews and demonstrate your expertise.
✨Tip Number 4
Don’t hesitate to apply through our website, even if you don’t meet every single requirement. If you’re excited about the role, we want to hear from you! Your passion could be just what we need.
We think you need these skills to ace Direct Pricing Analyst / Senior Direct Pricing Analyst in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Direct Pricing Analyst. Highlight your relevant experience in insurance pricing and any projects you've led. We want to see how your skills align 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 excited about the role at AXA and how you can contribute to our Pricing and Analytics team. Keep it engaging and personal – we love a bit of personality!
Showcase Your Analytical Skills:Since this role involves a lot of data analysis, make sure to highlight your proficiency in tools like Python, SQL, or R. Share specific examples of how you've used these skills in past roles to drive results – we’re all about those success stories!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s super easy and ensures your application gets to the right people. Plus, you’ll find all the info you need about the role there!
How to prepare for a job interview at AXA Group
✨Know Your Numbers
As a Direct Pricing Analyst, you'll need to showcase your numerical skills. Brush up on your mathematical concepts and be ready to discuss how you've used data analysis in previous roles. Prepare examples of how you've applied predictive modelling or scenario analysis to drive pricing strategies.
✨Understand the Market
Familiarise yourself with AXA's competitors and the current market trends in insurance pricing. Be prepared to discuss how you would approach competitor analysis and what factors you believe are crucial for maintaining competitive positioning while ensuring customer satisfaction.
✨Showcase Your Project Leadership
If you've led projects or teams before, make sure to highlight these experiences. Discuss specific challenges you faced, how you overcame them, and the impact your leadership had on project outcomes. This will demonstrate your ability to manage and optimise pricing projects effectively.
✨Be Customer-Centric
AXA places a strong emphasis on delivering value to customers. Prepare to discuss how you would ensure that customer needs are at the heart of pricing decisions. Think about examples where you've successfully balanced business goals with customer satisfaction in your previous roles.
