At a Glance
- Tasks: Lead pricing analysis and provide insights for profitable growth in a dynamic team.
- Company: Join AXA, a leading commercial insurance provider with a vibrant community.
- Benefits: Competitive salary, bonuses, pension scheme, private medical cover, and 25 days leave.
- Other info: Flexible working arrangements and excellent career development opportunities.
- Why this job: Make a real impact by leveraging data insights and innovative technology.
- Qualifications: Degree in maths or stats, programming skills in SAS, R, or Python preferred.
The predicted salary is between 42000 - 66000 £ per year.
We're seeking a proactive and analytical Senior Schemes Pricing Analyst to lead pricing analysis and reviews, providing valuable insights and recommendations that support profitable growth. You'll leverage data insights and innovative technology to enable data-driven decision making within the Commercial Schemes Team.
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:
- Take an active role in the commercial lines transformation project where required, supporting the development of schemes capability on the next generation of platforms, data and modelling systems.
- Ensure data and pricing tasks are completed to appropriate standards and timelines; ensuring delivery drives profitable growth.
- Develop data reports using Scheme bordereau to produce key performance measures and dashboards, with high quality accurate outputs with creativity that brings the data to life.
- Build robust analysis models to support decision making for different lines of business and distribution and review analysis produced by more junior Analysts.
- Validate, maintain and reconcile exposure and claims data, transforming the data to be ready for analysis.
- Support the build and maintenance of the rating specifications for technical pricing and work with Scheme Underwriters to ensure they are kept up to date.
- Use external data to augment existing data to find new commercial insights that may improve profitability.
- Understand the regulatory environment and ensure any pricing reviews fully take these into account.
- Create strong relationships with the Scheme Underwriters and peers across the company and take the lead to share best practice.
- Work closely with the wider Pricing and Underwriting teams to deliver pricing projects and new initiatives as required.
What you'll bring:
- A degree in mathematics, statistics, or a business-related subject, or qualified through relevant work experience.
- Good programming skills are an advantage, with experience in tools such as SAS, R, or Python, along with familiarity of Databricks and Power BI.
- Strong understanding of technical pricing and problem-solving skills, with the ability to deliver well-reasoned, evidence-based recommendations of high quality.
- Excellent communication skills, capable of conveying complex ideas clearly and concisely to diverse audiences.
- Self-motivated with a positive attitude and a proactive approach to work.
- Highly organised, with the ability to work effectively under pressure and meet tight deadlines.
- Proven experience working within a team, collaborating successfully with peers to achieve shared objectives.
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 up to £55,000
- 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. For our support, please send an email to saraya.cussons@axa-uk.co.uk.
Who we are:
AXA Commercial protects businesses, from multinationals to micro start-ups, giving them the confidence to thrive. We're currently making our biggest ever investment to develop the expertise and skills we need to be the best. We're a vibrant community where everyone is supported to learn, develop, and take ownership of their work.
Senior Schemes Pricing Analyst in London employer: AXA Insurance Plc
AXA is an exceptional employer that prioritises employee well-being and professional growth, offering a competitive salary, generous annual leave, and a contributory pension scheme. With a flexible working culture that encourages a healthy work-life balance, employees are empowered to thrive in their roles while contributing to innovative projects within the Commercial Schemes Team. The company fosters a collaborative environment where individuals can develop their skills and build strong relationships across teams, making it an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Schemes Pricing Analyst in London
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We think you need these skills to ace Senior Schemes Pricing Analyst in London
Some tips for your application 🫡
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How to prepare for a job interview at AXA Insurance Plc
✨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 Insurance Plc.
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