Job Title: Senior Pricing Analyst - Strategic
Target Start Date: ASAP
Contract Type: Permanent, Part Time, Full Time, Job Share option available
Salary Range: Circa £45,000 DOE
Location: Hybrid, Eastleigh / London once a month
Senior Pricing Analyst - Strategic: Ageas havean exciting opportunity for a Senior Pricing Analyst to join the Strategic Pricing Team. Ageas is in the process of delivering wholesale improvement to its pricing sophistication, performance management capability and technical excellence, in order to successfully compete in the home insurance market and as such you will be at the forefront in delivering this strategy. You will support the monitoring of performance and contribute to the profitable development of Ageas’ Household portfolio, through control of pricing.
The Senior Pricing Analyst will provide detailed analysis of data using sophisticated actuarial and statistical techniques that inform pricing actions to increase volume, income and profit. The resulting pricing actions will have a direct and immediate impact on the future profitability and growth of the business, with key targets to increase conversion, retention and achieve target loss ratios.
Main Responsibilities as Senior Pricing Analyst - Strategic:
1. Develop validate and review predictive models including machine learning models.
2. Run data for modelling, pricing and monitoring.
3. Development and delivery of up to date and accurate datasets for modelling, pricing and monitoring.
4. Development and maintenance of pricing models and support for their deployment.
5. Carry out pricing analyses and prepare options for senior stakeholders.
6. Carry out deployment/send instructions for rate releases and review of rates into rate engine/live environment.
7. Develop a balanced view of current and future 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.
9. Execution, development and project management across all stages of the price control cycle as required.
Skills and experience you need as Senior Pricing Analyst - Strategic:
10. Experience of using Emblem or Radar,
11. A good quantitative degree, in Statistics, Mathematics or Actuarial Science.
12. Experience in a relevant role in a data-driven environment.
13. Knowledge of insurance products and distributions (direct, intermediary, aggregators).
14. Experience of using statistics to explore and validate data, extract and manipulate large datasets for analysis.
15. Experienced in the use of programming language ( SAS) and/or statistical packages actuarial pricing software.
16. Experienced in the use of a programming language ( R, Matlab, Python or Octave).
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.