Senior Market Pricing Analyst

Senior Market Pricing Analyst (Individual) We’re seeking an experienced Senior Retail Pricing Analyst (Individual) to help deliver the Retail Pricing strategy for the Individual private medical (PMI) cover and non-PMI portfolio in AXA Health. Reporting to the Retail Pricing Manager (Individual), you’ll refine Retail Pricing models and optimise Individual rates in the market to balance volume and value. This role supports the pricing transformation programme, including new pricing software, market-leading modelling, and performance monitoring approaches. The role requires strong data science, actuarial, and governance skills within the Insurance industry. What you’ll do Build behavioural, demand, and market premium models in Radar that are robust, comply with regulatory rules, and continually enhance value. Deliver model performance monitoring, recommend model reviews and agile interim rating changes; maintain and enhance Radar LTV models with robust assumptions. Develop and refine Radar optimisation and rating models to achieve required volume and value, using insights to fine-tune trading performance. Provide pricing recommendations for legacy Individual PMI and non-PMI portfolios prior to migration, informing proposals and supporting migration pricing requirements. Support Portfolio Management with evaluation of new deals, offers and tests; ensure fair pricing policy and conduct expectations are adhered to in pricing proposals. Ensure modelling and performance data are robust; liaise with Data & Systems team to implement improvements. Coach and mentor junior Pricing Analysts; peer-review models and recommend improvements. Build effective working relationships with other Pricing teams, Distribution, Propositions, Finance, Medical Underwriting and Compliance. What you’ll bring Expert knowledge of retail pricing data and modelling techniques, including GLMs and machine learning (e.g., GBMs), within the insurance industry. Expert knowledge of price optimisation and other actuarial techniques including reserving and P&L dynamics of an insurance company. Significant experience using Radar pricing software. Higher education (equivalent to 2:1 or higher) in mathematics or statistics; actuarial qualification preferred. Understanding of regulatory environment and dynamics of large organisations. Outstanding communication and influencing skills. Delivery-focused, with a drive for continuous improvement. Self-motivated, collaborative, and able to work with others. As a precondition of employment, you must be eligible and authorised to work in the United Kingdom. This position is defined as an Insurance Distribution Directive (IDD) role; in addition to pre-employment checks, the successful candidate will be subject to background screening every 4 years with an annual interim declaration. What we offer Competitive annual salary dependent on experience 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 the ‘apply for this job’ button and log in or create a profile to submit your CV. We’re proud to be an Equal Opportunities Employer and do not discriminate based on protected characteristics. If you have a long-term condition or disability and require adjustments during the application or interview process, we offer access to the AXA Accessibility Concierge. For support, please email saraya.cussons@axa-uk.co.uk. Who we are At AXA Health, we’re passionate about helping members put their health first, whether individuals and families, small businesses, or large corporates. We aim to provide fast access to diagnosis and treatment, guidance, and tools to manage health every day. Location: Bournemouth, England, United Kingdom #J-18808-Ljbffr