Graduate Pricing Analyst 2021

At AXA UK, we’ve just picked up another award for being a top place to work! We’re not only one of the Glassdoor 2021 Best Places to Work reflecting our amazing people, benefits and culture but a Times Top 50 Employer for Women as well, a reflection of our commitment to equality in the workplace.

AXA Retail now has an excellent opportunity for a full time (35 hours) permanent Graduate Pricing Analyst. Initially home based due to COVID-19, we encourage and enable smart working and flexibility and foresee this role being split between home and either our London, Weybridge or Ipswich offices.

This Pricing role provides fantastic career development opportunities within our dynamic Retail Pricing department that will see you being a part of a team where you will take responsibility of supporting projects that continually improves statistical models of claims , expenses and price optimisation, using both traditional and data science/contemporary techniques. This role would suit a maths / economics or science graduate (BSC degree), looking for a role in pricing who wants a career in insurance. Pricing candidates who have just started their career would equally be suited to this opportunity.

What you’ll be doing?

• Create, validate and reconcile datasets and undertake appropriate analysis
• Support in the creation, maintenance and deployment of rating models that predict claims cost and allocate expenses, or demand models that combine to predict the expected policy life cycle of a customer
• Contribute to the specification, development and testing cycles for deployment of rates
• Consider the impact on customers of pricing actions and act to avoid any unfair treatment
• Assist in producing and developing appropriate monitoring for pricing and other stakeholders
• Understand market movements and assist in the proposal of tactical rating adjustments to meet strategic objectives
• Provide technical underwriting and pricing support to assist the business in achieving its plans
• Develop own skills and capabilities
• Build strong relationships with managers, peers and stakeholders.

Qualifications

The Retail Pricing Analyst role predominantly suits a highly organised analytical individual with excellent numerical mathematical skills. We require you to have a 2.1 degree or higher in a mathematics related discipline or evidence of equivalent proficiency.

An understanding and knowledge of machine learning techniques and programming languages such as Python, R, SQL and SAS is desirable. You’ll be comfortable with using the suite of MS Office (especially Excel), with the ability to manipulate data. As you’ll be working with a variety of stakeholders, you’ll need to be confident at understanding technical concepts and communicating back to non-technical audiences. Accuracy, attention to detail and the ability to work under pressure will also be important. Other Skills

• Ability to demonstrate high levels of problem-solving skills & initiative
• Effective communication skills to help establish a network within AXA
• A continuous appetite to learn and develop skills
• Ability to plan and prioritise own work
• Embracing teamwork by supporting and respecting others.

Desirable

• Knowledge of predictive modelling
• Understanding of appropriate statistical techniques for insurance risk analysis
• Ability to work under pressure and to strict deadlines whilst maintaining reliability and accuracy.

What We Offer

One of the best things about joining AXA is our rewards package. At AXA UK, we’re appreciative of the people who work for us and our rewards package is reviewed regularly to reflect that. You can expect to receive:

• Competitive annual starting salary of up to £35,000
• Annual company & performance-based bonus
• Contributory pension scheme (up to 12% employer contributions)
• Life Assurance (up to 10 x annual salary)
• 23 days annual leave plus Bank Holidays
• Opportunity to buy up to 5 extra days leave or sell up to 3 days leave
• AXA employee discounts
• Gym benefits

AXA is proud to support the needs of our employees and as such understands everyone has individual work and home life responsibilities. We’re happy to discuss flexible working arrangements for this role, should this be a requirement for you.

At AXA, we want to become one of the most inspiring companies to work for and to achieve this ambition, we need the best talent to come and work for us. We look for candidates with the right skills and values to join us and selection is based on a fair and equal process. We’re proud to be committed to equal opportunities and welcome applications from all backgrounds. As a financial services company, all successful candidates will be subject to preemployment checks, so we can ensure regulatory compliance.