Senior Market Pricing Analyst

Senior Market Pricing Analyst

Target

Start Date:

ASAP

Contract Type: Permanent, Part Time, Full Time, Job Share option available

Salary Range: £38,000 - £48,000

Location: Hybrid – Bournemouth / Eastleigh, once a month

Senior Market Pricing Analyst: Fantastic opportunity to join our Market Pricing team as a Senior Pricing Analyst, assisting to plan and deliver pricing related projects to deadline and quality standards. You will directly influence the future growth of the business, with key deliverables to increase conversion, retention and overall company income and profitability. You will work closely with cross‑functional teams across all products to develop and implement optimisation models, analyse market trends, and make data‑driven decisions to ensure our pricing strategies align with our business objectives.

The role will involve the management of detailed analysis of data using sophisticated machine learning and statistical techniques within price optimisation to recommend pricing actions which increase volume, income and profit. In addition, the Senior Pricing Analyst will build pricing capability and core skills within the business, as well as influence the strategic direction of retail pricing in the wider Ageas UK Group.

• Develop, validate, review and approve models of customer and market behaviour; incorporating machine learning into behavioural models; including the exploration of new techniques to improve model predictiveness.
• Development and maintenance of pricing models and support for their deployment.
• Carry out price optimisation and improve on existing price optimisation processes using innovative techniques; prepare recommendations for senior stakeholders.
• Develop a balanced view of current and future pricing performance by combining MI, modelling results and company targets.
• Inform and influence senior management, heads of department and peers across the Direct Business Unit and Underwriting departments.

• Experience in insurance pricing or related analytical background.
• Experience of price optimisation.
• Experience in using Emblem, Radar, Databricks or industry equivalent.
• Highly skilled in the use of programming language (e.g.SAS) to manipulate data.
• 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.

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: 50% off esure and Sheilas' Wheels motor and home insurance, 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.

We are one of the largest car and home insurers in the UK, helping 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…