Job Title: Senior Market Pricing
AnalystTarget 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 SeniorPricing
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.
Main Responsibilities as Senior Market Pricing
Analyst: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.Skills and experience you need as Senior Market Pricing
Analyst: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 ( SAS) to manipulate data.
Experience in some of the following predictive modelling techniques Logistic Regression, Log-Gamma GLMs, GBMs, Elastic Net GLMs, GAMs, Decision Trees, Random Forests, Support Vector Machines and Neural Nets.At Ageas we offer a wide range of benefits to support you and your family inside and outside of work, which helped us achieve, Top Employer status in the UK.
Here are some of the benefits you can enjoy at Ageas: 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.
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