Pricing Analyst

Posted 19 April by Ageas Insurance Limited

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Contract Type: Part-Time, Full-Time, Job Share
Salary Range: £29,000 - £37,000 DOE
Location: Bournemouth - Hybrid

Pricing Analyst:
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.
A fantastic opportunity 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.

Main Responsibilities:

  • Develop predictive models using traditional GLM techniques and machine learning
  • Run data for modelling, pricing and monitoring
  • Carry out price optimisation
  • Deploy rates into rate engine
  • Delivery of up to date and accurate performance reports across all brands, products and channels
  • Tracking the performance of new price initiatives against expected results
  • Develop a balanced view of current pricing performance by combining MI, modelling results and company targets
  • Bespoke analysis that supports decision making across all stages of the pricing cycle
  • Maintenance of records to coordinate pricing decisions and implementation across teams, decision making bodies and implementation pathways
  • Involvement across all stages of the price optimisation process as required

Skills and experience:

  • A good quantitative degree in for example Statistics, Mathematics or Actuarial Science
  • Knowledge of using statistics to explore and validate data, extract and manipulate large datasets for analysis
  • Experienced in the use of basic analytical software, especially Excel
  • Experienced in the use of a programming language (e.g. R, Matlab, Python or Octave)
  • Highly numerate with excellent attention to detail

Here are some of the benefits:

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.

  • Flexible Working - Smart Working @ Ageasgives 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.. 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.
  • Wealth - Annual Bonus Schemes, Annual Salary Reviews, Competitive Pension, Employee Savings, Employee Loans.
  • 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
  • Getting Around - Car Salary Exchange, Cycle Scheme, Vehicle Breakdown Cover
  • Supporting you back to work - Return to work programme after maternity leave

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 see Ageas Everyone.
Our aim is to have great people everywhere in our business and we're always looking for outstanding people to join us. Most roles across Ageas allow a proportion of your time to be spent working from home and we're open to discussing flexible working, including full-time, part-time or job share arrangements.
To find out more about Ageas, see About Us.

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

Reference: 52507203

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