Job Description

Job Title

: Pricing Analyst - Motor

Target Start Date:

ASAP

Contract Type:

Permanent, Part Time, Full Time, Job Share option available

Salary Range:

Circa 30,000

Location:

London, Hybrid

Pricing Analyst:

The Pricing Analyst will work closely with the Pricing Manager and Lead Pricing Analysts to conduct detailed data analysis using sophisticated actuarial techniques and advanced analytics to inform pricing actions aimed at predicting future risk, ensuring regulatory compliance, and increasing volume and profit. These pricing actions will have a direct and immediate impact on the business's future profitability and growth, with key targets to increase conversion, retention, and achieve target loss ratios.

Main Responsibilities as Pricing Analyst:

Dataset Development: Create and maintain up-to-date and accurate datasets for modelling, pricing, and monitoring. Data Management: Ensure the accuracy and appropriateness of data used for modelling, pricing, and monitoring. Predictive Model Development: Develop and validate predictive models, including machine learning models. Pricing Analysis: Conduct pricing analyses and prepare options for senior stakeholders. Pricing Model Maintenance: Develop and maintain pricing models, supporting their deployment. Rate Deployment: Aid rate releases and review/test rates in the rate engine/live environment. Performance Monitoring: Develop a balanced view of current and future pricing performance by combining MI, modelling results, and company targets.
Record Maintenance: Maintain records to coordinate pricing decisions and implementation across teams.
Project Management: Develop and assist on projects across all stages of the price control cycle.

Skills and experience you need as Pricing Analyst:

A good quantitative degree, e.g. in Statistics, Mathematics or Actuarial Science. Knowledge of insurance products and distributions (direct, intermediary, aggregators). Experience of using statistics to explore and validate data, extract and manipulate large datasets for analysis. Experienced in the use of programming language (e.g. SAS, SQL) and/or statistical packages is beneficial but not a requirement. Experience in some of the following predictive modelling techniques e.g.Logistic Regression, Log-Gamma GLMs, GBMs, Elastic Net GLMs, GAMs, Decision Trees, Random Forests, Support Vector Machines and Neural Nets is beneficial but not a requirement. Experienced in the use of a programming language (e.g. R, Matlab, Python or Octave). Experience of using Emblem and Radar is beneficial but not essential. Highly numerate with excellent attention to detail.

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.

Here are some of the benefits you can enjoy at Ageas:

Flexible Working-

Smart Working @ Ageas gives 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, such as school drop offs etc. 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, Well Being Activities - Mindfulness.

Supporting your Wealth-

Annual Bonus Schemes, Annual Salary Reviews, Competitive Pension, Employee Savings, Employee Loans.

Supporting you at Work-

Well-being activities, mindfulness sessions, Sports and Social Club events and more.

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.

Get some Tech-

Deals on various gadgets including Wearables, Tablets and Laptops.

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 are 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. We show this 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

, member of

iCAN

and

GAIN

. As a

Disability Confident Leader

, we are committed to ensuring our recruitment processes are fully inclusive. That means if you are applying for a job with us, you will have fair access to

support and adjustments

throughout your recruitment experience. If the list does not cover the support you need, please contact our Recruitment Team to discuss how they can help. We also guarantee an interview for applicants with a disability who meet the minimum criteria for the role. For more information, please see

Ageas Everyone

.

We have a zero-tolerance approach towards any form of harassment during the recruitment process, ensuring that everyone is treated with respect and professionalism.



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.

Click on the 'Apply button' to be considered.

Important Notice - Recruitment Scam Alert:

We are aware of fraudulent activity whereby individuals are being contacted with fake job offers claiming to be from Ageas, often for remote roles such as Administrative Assistants. These scams may include offers of high hourly pay and requests for upfront payments or deposits.

Please be aware that Ageas will never ask for money at any stage of the recruitment process

. Ageas will always ask you to make an application via our Company Websites and all legitimate Ageas job opportunities are listed on our official careers pages within. Communication will only come from verified Ageas email addresses and if you are unsure about the legitimacy of a job offer or communications you are receiving, please contact recruitment@ageas.co.uk with the subject

FRAUD

.