Senior Technical Pricing Analyst

Role Description

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 conceptualization 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 of the 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.

Qualifications

• 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.

Requirements

• 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.

Benefits

• A competitive pension for which Ageas will pay twice the amount.
• Generous amount of holidays with the option to buy up to 10 additional days.
• Annual Salary review.
• Discretionary annual bonus based on personal and company performance.
• Life assurance of 4 x salary with the option to flex up.
• Return to work programme scheme.
• Flexible benefits package (private medical insurance, health and dental plans, free life assurance policy, discounted gym membership, cycle to work scheme as well as discounts with a wide range of retailers through our partner Perkz.com).
• Support groups- wellbeing activities, yoga, mindfulness sessions, Sports and Social Club events and more.