Job Title: Market Pricing Analyst
Target Start Date: ASAP
Contract Type: FTC until 31st December 2026
Salary Range: £30,000 - £40,000
Location: Hybrid - Bournemouth once a month
Closing Date for applications: Monday 30th March
Market Pricing Analyst: Fantastic opportunity to use your mathematics, statistics or actuarial degree to genuinely contribute towards the future growth of the business, to increase the number of new insurance customers, retention of our existing customers and overall company income and profitability. You can expect from the outset to be making real contributions on a variety of exciting projects.
The Pricing Analyst position at Ageas is a great opportunity for someone looking to grow and develop into a key contributor within our Pricing Department. You will learn from some of the best data led individuals in the insurance industry and we will continuously support you throughout your development and future career.
Main Responsibilities as Market Pricing Analyst:
1. Develop predictive models using traditional GLM techniques and machine learning.
2. Run data for modelling, pricing and monitoring.
3. Carry out price optimisation.
4. Deploy rates into rate engine.
5. Delivery of up to date and accurate performance reports across all brands, products and channels.
6. Tracking the performance of new price initiatives against expected results.
7. Develop a balanced view of current pricing performance by combining MI, modelling results and company targets.
8. Maintenance of records to coordinate pricing decisions and implementation across teams, decision making bodies and implementation pathways.
Skills and experience you need as Market Pricing Analyst:
9. A good numerical degree.
10. Knowledge of using statistics to explore and validate data, extract and manipulate large datasets for analysis.
11. Experienced in the use of basic analytical software, especially Excel.
12. Experienced in the use of a programming language ( R, Matlab, Python or Octave).
13. Highly numerate with excellent attention to detail.
At Ageas we offer a wide range of benefits to support you and your family inside and outside of work, which helped us achieve, Top Employer status in the UK.
Here are some of the benefits you can enjoy at Ageas:
Flexible Working- Smart Working @ Ageas gives employees flexibility around location (as long as it’s within the UK) and, for many of our roles, flexibility within the working day to manage other commitments, such as school drop offs etc. We also offer all our vacancies part-time/job-shares. We also offer a minimum of 35 days holiday (inc. bank holidays) and you can buy and sell days.
Supporting your Health- Dental Insurance Health Cash Plan, Health Screening, Will Writing, Voluntary Critical Illness, Mental Health First Aiders, Well Being Activities – Mindfulness.
Supporting your Wealth- 50% off esure and Sheilas' Wheels motor and home insurance, Annual Bonus Schemes, Annual Salary Reviews, Competitive Pension, Employee Savings, Employee Loans.
Supporting you at Work- Well-being activities, mindfulness sessions, Sports and Social Club events and more.
Supporting you and your Family-Maternity/pregnant parent/primary adopter entitlement of 16 weeks at full pay and paternity/non-pregnant parent/co-adopter at 8 weeks’ full pay.
Benefits for Them- Partner Life Assurance and Critical Illness cover.
Get some Tech- Deals on various gadgets including Wearables, Tablets and Laptops.
Getting around- Car Salary Exchange, Cycle Scheme, Vehicle Breakdown Cover.
Supporting you back to work- Return to work programme after maternity leave.