Job Description:

Senior Technical Pricing Analyst: An opportunity has arisen to join Ageas’s Underwriting department in the Broker Technical Pricing team. Technical Pricing are responsible for the production of specialist statistical risk models for our Broker insurance products including Private Car, Van, Bike and Household. While we have offices in London, Eastleigh and Bournemouth, we will accommodate working from home full-time.

This exciting role as Senior Technical Pricing Analyst offers the opportunity to explore and use new technologies and be involved in delivering strategic change such as improving the sophistication of models and deploying the latest data science techniques to generate profitable business growth. The Senior Technical Pricing Analyst will support projects, assisting in data preparation, performing, and reviewing actuarial modelling and interpreting results that drives high impact and, intelligent pricing solutions – all of which will help drive our competitive positioning.  

This role has a strong research and development focus, so the ideal candidate will be a self-motivated individual with independent research experience and the proven ability to drive complex projects through the complete development cycle, from early conceptualisation to implementation. 

Furthermore, the successful candidate will receive a generous study package to support them on the rewarding route to qualification as an Actuary.

 

Main Responsibilities as Senior Technical Pricing Analyst:

• Creating complex, robust actuarial models and interpreting the results to deliver high impact, innovative pricing
• Assisting in the production of ad-hoc actuarial and statistical analyses, working with stakeholders across the company to solve a wide range of business problems
• Producing reports, documentation, and presentations to communicate statistical models and results to key stakeholders
• Identifying opportunities to challenge and improve existing methodologies, deploying new analytical techniques that deliver new insights and tangible operational improvements.

Skills and experience you need as Senior Technical Pricing Analyst:

Essential -

• A* or A grades in Mathematics and other numerate A-levels.
• 2’1 or above degree in a numerate discipline: for example, but not limited to, Mathematics, Statistics, Engineering or Physics.
• A PhD or a research-based Masters is highly desired for this role.
• Excellent analytical skills with the ability to manipulate and interpret data. 
• The job holder should be able to identify, investigate and interpret the results of an analysis, considering past the more obvious first order effects. A high level of problem solving is required, both logically and laterally, along with an ability to engage in research.

 Desirable - 

• Experience of actuarial pricing or statistical modelling, preferably in a regulated multi-divisional industry. 
• Experience of machine learning techniques e.g., GBMs, Elastic Net Regression or Random Forests in Python or R would be highly advantageous.
• Experience, or awareness, of industry-specific software such as Emblem would be looked upon favorably.
• Previous experience of working in partnership with teams to influence, gain buy in and share knowledge with particular emphasis on being able to present difficult concepts clearly.

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