At a Glance
- Tasks: Analyse data and develop pricing models to enhance product effectiveness.
- Company: Join AXA Retail, a leader in insurance and analytics.
- Benefits: Competitive salary, bonuses, pension scheme, and 25 days leave.
- Why this job: Make a real impact on pricing strategies while working flexibly.
- Qualifications: Numerate degree and experience in insurance pricing preferred.
- Other info: Dynamic team with opportunities for growth and development.
The predicted salary is between 28800 - 48000 £ per year.
It’s an exciting time in our Pricing and Analytics department. Our transformation programme has recently been relaunched, aligned to AXA Retail's new Pricing and Analytics strategy. We’re investing in growing in size and capability across our IT systems, analytical toolset and learning and development. We’d love to hear from motivated people who can help us deliver our commitments to our business, our customers, and our people.
We’re looking for an Analyst to work within AXA Retail, to support projects across Motor or Home that continually improve productiveness and segmentation of statistical models of claims and demand across products and channels, using both traditional and data science/contemporary techniques. 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 either attendance at one of our office locations, visiting clients or attending industry events. We’re also happy to consider flexible working arrangements, which you can discuss with Talent Acquisition.
What you’ll be doing:
- Create, validate and reconcile datasets for analysis and undertake analysis by writing and manipulating code.
- Support in the creation, maintenance and deployment of rating models that predict claims cost, conversion and retention.
- Contribute to the specification, development and testing cycles for deployment of rates.
- Consider the impact on customers of pricing actions and act to avoid any unfair treatment.
- Assist in producing and developing appropriate monitoring for pricing and other stakeholders.
- Provide technical and pricing support to assist the business in achieving its plans.
- Build strong relationships with managers, peers and stakeholders.
Due to the number of applications we expect to receive for this role, we reserve the right to close this advert earlier than the listed closing date to ensure we’re able to effectively manage interest. Therefore, if you’re interested in joining us at AXA, please don’t hesitate to apply.
What you’ll bring:
- Excellent numerical and mathematical skills with a numerate degree.
- Experience in a related Insurance Pricing role.
- Demonstrable high levels problem-solving skills and initiative whilst working to strict deadlines.
- Effective communication skills to help establish a network within AXA.
- An understanding of machine learning techniques is desirable.
- An awareness of appropriate statistical techniques for insurance analysis.
- Knowledge of tools such as Python, R, SAS, SQL or other analytical language/tools is desirable.
As a precondition of employment for this role, you must be eligible and authorised to work in the United Kingdom.
What we offer:
- Competitive annual salary dependent on experience.
- Annual company & performance-based bonus.
- Contributory pension scheme (up to 12% employer contributions).
- Life Assurance (up to 10 x annual salary).
- Private medical cover.
- 25 days annual leave plus Bank Holidays.
- Opportunity to buy up to 5 extra days leave or sell up to 5 days leave.
- Wellbeing services & resources.
- AXA employee discounts.
To apply, click on the ‘apply for this job’ button, you’ll then need to log in or create a profile to submit your CV. 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.
Who we are:
AXA Retail helps people live the life they love, knowing we’ve got their back, at home and on the road. Our people are vital to us becoming more digital, faster and easier to access. We’re a dynamic team of experts completely committed to making sure our customers ‘get back to the good stuff’ when the unexpected happens.
Pricing Models Analyst in Manchester employer: AXA Group
Contact Detail:
AXA Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Models Analyst in Manchester
✨Tip Number 1
Network like a pro! Reach out to current employees at AXA or in the insurance pricing field on LinkedIn. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Show off your skills! Prepare a portfolio of your analytical projects, especially those involving Python, R, or SQL. This will help you stand out during interviews and showcase your problem-solving abilities.
✨Tip Number 3
Practice makes perfect! Brush up on your technical skills and be ready to discuss how you've used statistical techniques in past roles. Being able to talk through your thought process can impress interviewers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining the AXA team.
We think you need these skills to ace Pricing Models Analyst in Manchester
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Pricing Models Analyst role. Highlight your numerical skills, relevant experience in insurance pricing, and any coding languages you know. We want to see how your background fits 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 this role at AXA and how you can contribute to our transformation programme. Be genuine and let your personality come through – we love that!
Showcase Your Skills: In your application, don’t forget to mention your problem-solving skills and any experience with machine learning or statistical techniques. We’re keen on seeing how you can help us improve our pricing models and support our projects.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll get to create a profile that can be useful for future opportunities with us!
How to prepare for a job interview at AXA Group
✨Know Your Numbers
As a Pricing Models Analyst, you'll need to showcase your excellent numerical and mathematical skills. Brush up on key statistical techniques and be ready to discuss how you've applied them in previous roles. Prepare examples that highlight your problem-solving abilities, especially under tight deadlines.
✨Familiarise with Tools
Make sure you're comfortable with analytical tools like Python, R, SAS, or SQL. During the interview, you might be asked about your experience with these tools, so have specific projects in mind where you used them effectively. This will demonstrate your technical prowess and readiness for the role.
✨Understand the Business Impact
AXA values the impact of pricing actions on customers. Be prepared to discuss how you've considered customer fairness in your previous work. Think about scenarios where your pricing decisions affected customer satisfaction and how you navigated those challenges.
✨Build Relationships
Effective communication is key in this role. Think of ways you've built strong relationships with colleagues or stakeholders in the past. Be ready to share examples of how you’ve collaborated with others to achieve common goals, as this will show your ability to integrate into AXA's team-oriented culture.