Graduate Technical Pricing Analyst 2022

Are you a recent graduate and looking to start an exciting career within Insurance? We’re looking for a Graduate who has an interest in data and enjoys working with numbers to join our team as a Graduate Pricing Analyst. This is a great opportunity for someone looking to grow and develop into a key contributor for our Home Technical Pricing Team within our Retail Pricing Department. You will learn from some of the best data led individuals in the insurance industry and we will continuously support you throughout your development and future career. Pricing candidates who have just started their career would equally be suited to this opportunity.

Reporting directly to the Technical Pricing Manager, AXA UK will be able to support the training you need to become a Technical Pricing Analyst. Primarily, you will support projects related to Home Insurance that continually improve statistical models of claims and expenses using both traditional and data science / contemporary techniques. At AXA we’re adopting a Hybrid way of working, empowering our people to balance their time between home and the office in a way that works best for them, their team and our customers.

What you’ll be doing

• Support in the creation, maintenance and deployment of rating models that predict claims cost and allocate expenses
• Provide insight by creating appropriate datasets and undertaking claims cost or expense analysis
• Assist in producing and developing appropriate MI to support Pricing decisions
• Provide technical underwriting and pricing support to assist the business in achieving its plans
• Support Regulatory changes as needed

Due to the number of applications we expect to receive for this role, we reserve the right to close this advert earlier than the listed closing date to ensure we’re able to effectively manage interest. Therefore, if you’re interested in joining us at AXA, please don’t hesitate to apply.

Qualifications

• Strong mathematical skills – with a minimum 2:1 degree in a mathematics related discipline or evidence of equivalent proficiency
• Ability to demonstrate high levels of problem-solving skills and initiative
• Knowledge of predictive modelling
• 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

Desirable

• Knowledge of tools such as R, Python, SQL, Excel VBA or other analytical language/tools

As a precondition of employment for this role, you must be eligible and authorized to work in the United Kingdom.

This position has been defined as an Insurance Distribution Directive (IDD) role under the IDD regime which means that in addition to pre-employment screening checks, the successful candidate will be subject to background screening every 4 years with an annual declaration in interim years.

About AXA

With a presence in over 60 countries, and 165,000 employees serving the needs of 107 million customers, AXA is big. But never too big to care for every single person who works here. So when you join us, we promise to put our collective might behind you and your career.

You’ll work in an open and supportive environment where you’ll be developed, challenged and encouraged to move around to achieve even bigger and better things – nationally and internationally. You’ll learn directly from senior leaders, from the best in our business. And you’ll enjoy real responsibility, really early on.

Every large company today talks about supporting diversity and inclusion. But at AXA UK, these values form an integral part of everything we do. For us, it’s about bringing together the best talent, helping people to realise their full potential by being 100% themselves at work and delivering outstanding service to everyone – regardless of difference.

Proud to be part of the AXA Group, a global insurance brand and a worldwide leader in financial services, AXA Insurance businesses employ over 5,500 in a network of offices across the UK. Our expert teams care for a huge range of customers, helping them protect their cars, homes and businesses against life’s uncertainties. Whether bought directly, through brokers or through a number of corporate partners, our market-leading products are trusted by millions.

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 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)
• 25 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

Our ambition is to become one of the most inspiring companies to work for, as such we’re committed to supporting employee needs, providing meaningful career development and celebrating differences. We understand that everyone has individual work and home life responsibilities, therefore we’re happy to discuss flexible working arrangements for this role, should this be a requirement for you.

We look for candidates with the right skills and values to join us and selection is based on a fair and equal process. As a regulated financial services company, all successful candidates will be subject to preemployment checks. We’re committed to providing equal opportunities for all, therefore we welcome and encourage applications from people of all backgrounds. As a disability confident employer, we’re pleased to offer our support and access to the AXA Accessibility Concierge should you require an alternative method of applying or any reasonable adjustments to be made during the recruitment process.