At a Glance
- Tasks: Support pricing analysis and modelling using data-driven insights to drive profitable growth.
- Company: Join AXA, a global leader in insurance and financial services.
- Benefits: Flexible hybrid work model, competitive salary, and opportunities for professional development.
- Other info: Collaborative environment with a focus on innovation and career advancement.
- Why this job: Make an impact by transforming data into strategic insights for business growth.
- Qualifications: Graduate calibre with skills in mathematics/statistics and programming.
The predicted salary is between 35000 - 45000 £ 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 Commercial protects businesses, from multinationals to micro start-ups, giving them the confidence to thrive.
Job overview
You’ll be responsible for supporting the build and management of the complex product rating emulators, supporting changes in production systems and ensuring testing accuracy. Reporting to a Commercial Pricing Principal, you’ll also support the development of pricing analysis and modelling. In addition, you’ll also utilise data insight, including external data and technology to drive data‑driven decision making to support the strategic plans of profitable growth. You’ll be expected to present rating recommendations because of the analysis gained.
Key responsibilities
- Take an active role in the continuing transformation of the commercial lines of business, supporting the development specific strategic projects and BAU pricing tasks, especially in regard of the next generation of platforms, data and modelling systems.
- Validate, maintain and reconcile quote, exposure and claims data, transforming it to be ready for analysis or modelling.
- Ensure data and pricing tasks are completed to appropriate standards and timelines; ensuring delivery drives profitable growth.
- Use external data to augment internal system data to find new commercial insights that will improve profitability.
- Create and execute pricing and underwriting reviews for profitable development of property, casualty, and motor complex products, building robust models to support decision‑making in pricing and underwriting.
- Collaborate closely with underwriters, claims teams, and finance to ensure comprehensive support across the business.
- Support the innovation in new processes and methods, including machine learning and open‑source coding languages, to support the expanding use of external data and the enhanced insights available from the data lake.
- Maintain suitable governance documentation of rating structures, risk models and evidence that the appropriate approval process is undertaken, whilst supporting regulatory change.
- Interact effectively and build good relationships within the underwriting, pricing and portfolio management team, as well as branch underwriters to work collaboratively on goals set.
- Take responsibility for your own development and recognise opportunities to share your knowledge.
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.
Your skills & experience
- Graduate calibre, preferably with specific education in mathematics/statistics or related discipline or qualified by virtue of work experience.
- Ability to grasp the significance and meaning of a range of technical and complex issues.
- Good programming skills an advantage e.g. PySpark, Databricks, SAS, PowerBI.
- Good analytical, presentational and influencing skills.
- Ability to communicate in a clear and concise manner, including senior stakeholders.
- Ability to work under pressure and to tight deadlines.
- Experience of working within a team, collaborating with peers successfully to achieve the set goal.
As a precondition of employment for this role, you must be eligible and authorised to work in the United Kingdom.
Equal opportunities
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.
Hybrid Pricing Analyst — Data-Driven Modelling & Growth in London employer: AXA Group
AXA is an exceptional employer that champions a flexible work culture, allowing employees to balance their professional and personal lives effectively. With a strong commitment to employee development, AXA offers numerous growth opportunities through innovative projects and collaboration across teams, all while being part of a globally recognised leader in insurance and financial services. The supportive environment fosters creativity and data-driven decision-making, making it an ideal place for those looking to make a meaningful impact in their careers.
StudySmarter Expert Advice🤫
We think this is how you could land Hybrid Pricing Analyst — Data-Driven Modelling & Growth in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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Don’t shy away from reaching out directly to firms like AXA Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Hybrid Pricing Analyst — Data-Driven Modelling & Growth in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to AXA Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on AXA Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at AXA Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with AXA Group.
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Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at AXA Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former AXA Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
