Senior Risk Pricing Analyst

AXA Direct & Partnerships is a division of AXA UK and the AXA Global Group. We provide personal insurance products such as motor, home and travel to our customers directly, via our corporate partners, and also through .

As the Insurance market becomes increasingly competitive, AXA are consistently looking for innovative ways to deliver breakthrough results and create sustainable growth for the future and this role will place you right at the heart of our business activity.

Based in Cobham in Surrey, as Senior Risk Pricing Analyst you will be part of an actuarial team engaged in projects that improve our multivariate models of claims and fees. You will report to the Risk Pricing Manager. This role is across lines of business and will involve working on motor, household and travel insurance.

To be successful in this role, you are likely to be a part qualified actuary who has completed the CT exams and be part way through the CAs and / or STs. Alternatively, you will have a strong background in statistical/mathematical analysis and experience of working with SAS and/or VBA. Experience of working with a GLM tool such as Emblem is desirable.

Voted as one of the Sunday Times Top 25 Best Big Companies to work for, our culture is simple, energetic and imaginative and we are looking for people who can get the job done and enjoy the rewards.

• Providing technical expertise and use actuarial judgement to review multivariate models of risk premiums and expenses for Personal Lines business taking into account developments across AXA Insurance and the UK insurance sector.
• Develop tools for assessing profitability and performance of Personal Lines business. Supporting and challenging Market Pricing, Underwriting, Distribution and Reinsurance decision-making and identify business opportunities.
• Work with the Business Information team to ensure they produce useful reports that integrate the tools developed by your team.
• In conjunction with the relevant Commercial leader, support and challenge the strategy in respect of Personal Lines business to add value and ensure decisions are soundly based.
• Driving improvements in processes & methodologies to ensure processes are efficient and enhanced to meet business needs and exceed customers’ expectations.
• Develop the skills and competencies of the Team and Support the Head of Risk Pricing

• A mathematical or statistics degree, minimum level 2:1, or other numerate degree such as physics.
• Good progress towards Actuarial exams is highly desirable, with at least three years’ general insurance work experience in an Actuarial environment. (i.e. all of CT exams, and some CAs and STs)
• If not studying for the Actuarial exams, at least five years general insurance work experience in an Actuarial environment, including pricing and reserving experience is essential.
• Good IT skills, i.e. MS office Excel, SAS, VBA.
• Ability to work under pressure and commitment to meeting deadlines.
• Enthusiastic for self-development

• Annual Bonus Scheme
• Pension scheme.
• 26 days annual holiday, increasing to 28 days by 5th year of service (plus Bank Holidays)
• Flexible benefits scheme. This includes holiday buying, bikes for work, dental cover, childcare voucher, discount on all AXA Insurance products, breakdown down cover, home appliance cover and healthcare, benefit car (one payment per month includes tax, insurance, repair etc only petrol is extra)
• Access to Reward Gateway where you can access over 1100 negotiated offers online .As an employee you can receive discounts through a combination of methods
• Train - Interest free season ticket loan scheme.
• Structured personal development.
• A comprehensive training package.

It’s also a great team environment to work in alongside some highly experienced individuals offering a massive learning opportunity.