Technical Pricing Analyst 2022

AXA Insurance have an exciting opportunity for a talented Pricing Analyst to join our Retail Household Technical Pricing Team. In AXA Retail we help people protect what’s precious to them through personal products in home, motor and travel insurance.

In this role, you’ll become a trusted expert in the field of Technical Pricing and will be responsible for undertaking projects that continually improves 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

• Working with some amazing people within the Home Technical Pricing Team where you’ll get the opportunity to learn and develop in the role. Including working closely with Data Science, Market Pricing, and other teams across the business to embed learnings and improve our techniques
• Creating, maintaining and deploying the rating models that predict claims cost and allocate expenses, for use in live pricing and
• Performing exploratory analysis to advance our latest thinking and improve modelling methods/efficiency
• Providing insight by creating appropriate datasets and undertaking claims cost or expense analysis
• Providing technical underwriting and pricing guidance to assist the business in achieving its plans and support operational areas
• Contribute to the developing appropriate MI systems to monitor model performance and provide pricing insights
• Supporting Regulatory change as needed

Qualifications

• Demonstrable experience in developing predictive models using either traditional actuarial techniques or machine learning
• Pricing experience and familiarity with the UK Insurance market
• Excellent verbal and written communication skills
• Enthusiastic and proactive team player
• Demonstrate high levels of problem-solving skills and initiative
• Experience with analytical tools/languages (such as R, Python, SAS, SQL, Emblem, Excel VBA etc.) is desirable

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
• 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.