Pricing Analysts

1 day ago


Chandlers Ford, United Kingdom Ageas Insurance Limited Full time

**Job Title**:A range of Pricing Analyst roles available - Entry level to Lead
**Contract Type**:Permanent (Full-Time, Part-Time, Job-Share, Flexible options available)
**Salary Range**:£26,000 - £70,000
**Location**:UK Ageas Offices **(Hybrid roles)**

Do you have experience in Pricing?
This is a hugely exciting time for Ageas - we are expanding and have a plethora of roles available across motor and household product lines plus roles in technical pricing
You will engage with the Underwriting team, Actuarial and data science teams, Test Teams and IT Developers. In these roles, you will be producing and examining pricing data and make recommendations to optimise profitable growth and, help implement pricing structures.Therefore, solid knowledge of the personal lines market, pricing, and underwriting fundamentals, along with working knowledge of Excel and SAS is advantageous in the more junior positions, but a must in the senior roles.
This is a great opportunity for Pricing Analysts with a range of capabilities and experience, who are looking for variety in their pricing career, and with an established and reputable insurance provider.

**Main responsibilities**:

- Carry out pricing reviews of Ageas standard portfolios and key accounts, through analysis of the profile, mix trends and performance including by rating factors, new business acquisition and renewal retention.
- To make pricing changes/recommendations as appropriate, engaging actively with Underwriting teams, to control areas of poor performance and optimise profitable growth and to present these at the appropriate sign off committee.
- Produce, monitor, and report on new and current management information to support pricing findings.
- Identify opportunities to challenge and improve existing methodologies and work with others to deploy new analytical techniques that deliver new insights and tangible operational improvements
- Support Underwriting teams in reviewing new, enhanced or alterations to the 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.
- Create complex, robust statistical models, including machine learning models and interpret the results to deliver high impact, innovative pricing
- These responsibilities will vary, depending on your level and role.

**The successful Pricing Analysts will have the following**:

- More senior roles require a 2.1 or above in a Mathematical/Statistical/Science/Engineering degree
- Extensive knowledge of Excel and good knowledge of SAS/SQL would be advantageous
- Experience with Radar/Emblem/Datarobot and R/Python are all desirable however not essential
- Experience of machine learning techniques e.g., GBMs, Elastic Net Regression or Random Forests in Python or R would be highly advantageous.
- A high level of problem solving is required, both logically and laterally, along with an ability to engage in research. The job holder should be able to identify, investigate and interpret the results of an analysis, considering past the more obvious firstorder effects
- High degree of numeracy with good statistical skills to analyse trends and understand modelling 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 non-technical audience

**Here are some of the benefits you can enjoy**:
At Ageas we offer a wide range of benefits to support you and your family, which helped us achieve, **Top Employer** status in the UK. To find out more, please visit Reward and Recognise - Careers - Ageas

**About Ageas:
**We're one of the largest car and home insurers in the UK. Our people help Ageas to be a thriving, creative and innovative place to work, which is echoed in the service we provide to over four million customers.
As an inclusive employer, we encourage anyone to apply. We're a signatory of the **_Race at Work Charter_** and **_Women in Finance Charter_**, a **_Stonewall_** diversity champion and a **_Disability Confident Employer_** (which means interviews are guaranteed for applicants with a disability who meet the minimum role criteria). For more information, please seeAgeas Everyone.
Our aim is to have great people everywhere in our business. To find out more about Ageas, see About Us.

**Want to be part of a Winning Team? Come and join Ageas.**

**#INDNATIONAL



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