Pricing Models Manager

Do you have experience with statistical techniques for insurance claims cost modelling? We’re seeking a Pricing Models Manager to join our Retail Pricing team here at AXA UK. You’ll manage analyses and projects that continually improve the predictiveness of our risk pricing algorithms, turning models and insights into commercially sound pricing decisions. We have vacancies across our Motor and Home teams.

It's an exciting time in our Pricing & Analytics department! Our transformation programme has recently been relaunched, aligned to AXA Retail's new Pricing & Analytics strategy. AXA are investing a lot in growing our department 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.

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 working on:

• Develop, maintain and continuously improve our risk prices
• Engage with internal and external stakeholders on portfolio analytics to enable quick response to emerging trends and improve account performance
• Consider the impact on customers of pricing actions and act to avoid any unfair treatment
• Produce expected loss ratio reports and risk indices to support stakeholders with profitability projections
• Help shape the culture, standards, and technical evolution of the department
• Coach, manage and develop your team
• Build relationships with other key stakeholders across the business

What you’ll bring:

• Higher education in a mathematics or computer science related discipline, with equivalent grades of 2:1 or higher, or evidence of equivalent proficiency.
• Advanced level knowledge of products such as Python, SQL, Databricks and geographic analysis tools is desirable.
• Detailed understanding of appropriate statistical techniques for insurance risk pricing.
• Ability to grasp the significance and meaning of a range of technical and complex issues relating to underwriting, claims handling, pricing, reserving and financial analysis of insurance.
• Proven ability to plan and prioritise own work and the work of others with a continuous appetite to learn and develop skills.
• Ability to work under pressure and to strict deadlines whilst maintaining reliability and accuracy.
• Demonstrating effective communications, influencing and strong relationship building skills both within and outside the immediate team.
• Previous experience in insurance pricing is desirable but not essential.

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
• Annual company & performance-based bonus
• Contributory pension scheme (up to 12% employer contributions)
• Life Assurance (up to 10 x annual salary)
• Private medical cover
• 28 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.