Ageas (UK) Limited

Senior Actuarial Pricing Analyst

Job Ref
Closing Date
Advertised Range (External)
Up to £70,000 plus flexible benefit options
Permanent Full-Time

Job Purpose

Senior Actuarial Pricing Analyst, Eastleigh, SouthamptonIn this Senior Actuarial Pricing Analyst position you’ll be a senior member of the Actuarial team where you’ll be responsible for the production of specialist actuarial and statistical pricing analysis of underwriting performance such as Emblem analysis, and of claims performance, on our insurance products including Private Car, Van, Bike and Household. This Senior Actuarial Pricing Analyst position offers you the opportunity to explore and use new technologies and to be involved in delivering strategic change such as improving the sophistication of reports and models in order to generate profitable business growth, supporting projects, assisting in guiding data preparation, performing and reviewing actuarial modelling and interpreting results that drives high impact, intelligent pricing solutions – all things that help drive our competitive positioning. 


We’re seeking a commercially-focussed Senior Actuarial Pricing Analyst to work in partnership with senior stakeholders in order for them to make better informed decisions when it comes to setting pricing rates.   As a technical expert in your field, you’ll be responsible for managing, leading and developing a team of actuarial analysts and trainees to turn data into information that ultimately drives a truly value based pricing proposition. 


To be successful in this Senior Actuarial Pricing Analyst role you’ll need to have the following:

  1. Experience of Actuarial, pricing or statistical modelling, preferably within a regulated, multi-divisional industry. Knowledge of data science techniques would be advantageous.
  2. Expertise in understanding pricing and underwriting principles ideally within personal or commercial lines on a large business scale i.e. Ageas underwrites c. £2bn of GWPs.
  3. A degree in Mathematics, Statistics or equivalent.
  4. Specialist knowledge in statistical analysis software - Towers Watson (Emblem, Radar) and SAS.
  5. Making decisions about the production and maintenance of pricing models and evaluate and identify the profitability and price position of new and existing product propositions.
  6. Highly analytical when it comes to sophisticated analytics, statistical trends and making commercial decisions that inform business growth and assist senior management in strategic decision making.
  7. Previous experience of working in partnership with teams and senior stakeholders in order to influence, gain buy in and share knowledge with particular emphasis on being able to present difficult concepts clearly.
  8. Experience of leading, managing, developing and motivating technical actuarial or pricing teams.


About #Ageas UK

We're a leading provider of award-winning insurance solutions in the UK, distributing our Personal and Commercial products through brokers, intermediaries, affinity partners and the internet. We have two consumer brands – Back Me Up and RIAS – and partner with some of the nation’s most well-known brands, such as John Lewis, Age UK, Toyota, Virgin Money and General Motors. We also hold a 50.1% share in Tesco Underwriting, providing home and motor insurance to Tesco Bank customers. Insuring around five million customers and working with a range of partners, we are recognised for delivering consistent and high-quality customer experiences. We employ around 4,000 people with offices based across the UK.


Here are some of the benefits you can enjoy in this Senior Actuarial Pricing Analyst role at our offices in Eastleigh, Southampton:

A comprehensive range of flexible benefits options such as a company pension, 25 days’ holiday (you can buy or sell up to 5 days), a car lease scheme, private medical insurance, life assurance and an annual bonus. Our people receive childcare vouchers and enjoy discounts on company products and with a wide range of retailers & gyms. 


Please apply for this Senior Actuarial Pricing Analyst role by clicking on the 'Apply' button and upload your CV. 



Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed