• Pricing Analyst

    Job Ref
    Closing Date
    Advertised Range (External)
    Up to £46,000 depending on experience
    Permanent Full-Time
    Location : City
  • Job Purpose

    Due to growth we now have an opportunity to employ an experienced Pricing Analyst. You will join our existing team working within our Motor Insurance sector at our offices based in London, we are offering an extremely competitive salary of up to £46,000 per annum. This role is essential to our business as you are ensuring Ageas performs well in the market place. As an experienced Pricing Analyst you will work meticulously to ensure we maximise the performance of Ageas’ accounts. You will do this through recommending pricing actions based on your in-depth monitoring and analysis of account performance and trends.


    As an experienced Pricing Analyst you will undertake the following duties

    • Regular monitor and analysing the performance of Ageas’ accounts, as required, at the macro, rating factor, agent and product levels in order to identify opportunities to optimise profitable growth through necessary pricing changes.
    • Continually reviewing, developing and recommending new and enhanced management information and pricing concepts.
    • You will be expected to monitor and analyse the pricing of competitors in order to identify and recommend changes to optimise Aheas’ competitive position.
    • Identifying trends in the market that may affect our pricing and underwriting of our products.
    • Evaluation of new schemes and product positions to identify possible profitability
    • Perform GLM analysis
    • Closely working with our underwriters, you will be recommending enhanced or alterations to product covers.
    • You will be expected to work alongside and support Pricing Manager as required.


    Skills and experience you need as an Pricing Analyst

    • Previous experience in non-life insurance pricing (preferably Motor) of at least 3 years is essential; you will be joining the team at an intermediate level and will bring the skills and expertise to perform in this role.
    • You will be a strong communication and able to demonstrate this through experience of building strong internal and external relationships.
    • Degree (2.1 or higher) or equivalent qualification in mathematics, statistics or a scientific / financial discipline and / or relevant experience.
    • Highly computer literate; ability to use Excel and PowerPoint at advanced level
    • Experience of using Emblem and Radar is required
    • Expert in using SAS or equivalent database package(s),ie. R/SQL/Python   

    Here are some of the benefits you can enjoy within the Pricing Analyst role based In London:

    Our people enjoy a comprehensive range of flexible benefit options such as a company pension, 23 days’ holiday (rising to 25 days after 3 years) with the ability to buy an additional 5 days, a personal car lease option, health and dental plans, life assurance of 4 x salary with the option to flex up or down, and a discretionary annual bonus.  Our people enjoy discounted gym membership as well as discounts with a wide range of retailers through our partner Perkz.com and make the most of our Wellbeing activities and Sports and Social Club events. We have also introduced our “Dress for Your Day” policy which means you have the option of what to wear depending on what your day holds.


    About #AgeasUK

    We’re an award-winning, international insurer with key markets in Europe and Asia and go back a fair bit too - almost 200 years.  Fast-forward to today and we’re proud to be one of Europe’s top 20 insurance companies.  Our UK team of 4,000, stand shoulder-to-shoulder with our most important people – our customers.  We are recognised for our excellent insurance cover and being easy and straightforward to deal with. Plus, we understand the need for choice, which is why our insurance can be bought with us directly, and through aggregator sites as well as through our broker relationships and our leading partnership brands.  We have around 5 million customers and have a first-class attitude when it comes to being there for them when they need us most.   Don’t just take our word for all this though,  we’ve scooped a Gold Standard Insurance Award for the last nine years running which speaks volumes about our dedicated teams across our UK offices based in London, Manchester, Stoke, Gloucester, Eastleigh, Bournemouth and Port Solent.


    Click on the ‘Apply button’ to be considered for our Pricing Analyst opportunity at Ageas in London.


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