Pricing Vacancies across Multiple Levels and Teams

4 weeks ago


Eastleigh, Hampshire, United Kingdom Ageas Insurance Limited Full time

Job Title: Multiple Pricing Vacancies across ALL levels and teams

Contract Type: Permanent (Full-Time, Part-Time, Job-Share, Flexible options available)

Salary Range: £40,000 - £84,000

Location: UK Ageas Offices (Hybrid roles)

We are seeking experienced Pricing professionals to join our team at Ageas Insurance Limited. As a Pricing Analyst, you will play a crucial role in delivering exciting new projects and driving business growth.

Main Responsibilities:

  • Conduct pricing reviews of Ageas standard portfolios and key accounts, analyzing trends and performance.
  • Make pricing changes and recommendations, engaging with Underwriting and distribution teams to optimize profitable growth.
  • Produce, monitor, and report on new and current management information to support pricing findings.
  • Identify opportunities to challenge and improve existing methodologies and models, deploying new analytical techniques to deliver new insights and tangible operational improvements.
  • Support Underwriting teams in reviewing new, enhanced, or altered product covers and recommending appropriate pricing changes.
  • Work with internal and external IT developers, Test teams, and project managers to support delivery and implementation of pricing structures and rates.
  • Support Distribution teams in achieving volume and premium targets, maximizing income, and understanding competitor movements.

Requirements:

  • 2.1 or above in a Mathematical/Statistical/Science/Engineering degree
  • Extensive knowledge of Excel and good knowledge of SAS/SQL
  • Experience with Radar/Emblem and R/Python desirable
  • Experience of machine learning techniques, such as GBMs, Elastic Net Regression, or Random Forests in Python or R highly advantageous
  • High level of problem-solving, both logically and laterally, along with an ability to engage in research
  • High degree of numeracy with good statistical skills to analyze trends and understand modeling techniques
  • Understanding of Pricing and Underwriting principles and key performance indicators
  • Good working knowledge of the personal lines market and how to manage account performance through the underwriting cycle
  • Good communication skills, both written and verbal, with the ability to explain technical data to a non-technical audience

Benefits:

  • Flexible Working - Smart Working @ Ageas gives employees flexibility around location and working hours
  • Supporting your Health - Dental Insurance, Health Cash Plan, Health Screening, Will Writing, Voluntary Critical Illness, Mental Health First Aiders, Well Being Activities
  • Supporting your Wealth - Annual Bonus Schemes, Annual Salary Reviews, Competitive Pension, Employee Savings, Employee Loans
  • Supporting you at Work - Well-being activities, yoga, mindfulness sessions, Sports and Social Club events


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