Job ID: 13419

Entity: AXA UK

Do you have experience with statistical techniques for insurance claims cost modelling? We’re seeking a Pricing Models Home Manager to come join our Retail Pricing team here at AXA UK. You’ll manage analyses and projects that continually improve the predictiveness of our claims cost models.

At AXA we work smart, 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. You'll work at least two days a week (40%) away from home, moving to three days a week (60%) in the future. Away from home means either attendance at one of our office locations, visiting clients or attending industry events. We’re also happy to consider flexible working arrangements, which you can discuss with Talent Acquisition.

What you’ll be doing:

• Plan, manage, and review technical claims cost models, securing buy-in and support from key stakeholders and ensuring that data used for analysis is accurate and well understood.
• Manage a reconciled process for rate series creation, and maintenance and deployment of models into live rates to ensure the business is priced in line with models.
• Consider the impact on customers of pricing actions and act to avoid any unfair treatment.
• Engage with internal and external stakeholders on portfolio analytics to enable quick response to emerging trends and improve account performance.
• Own pricing models including build, maintenance, and ongoing enhancements, taking models for approval pre-deployment, and the pricing quality control process.
• Hold retros following projects and evaluate and improve processes and capabilities accordingly.
• Deliver expected loss ratio reports and risk indices to other department stakeholders to inform them of aggregate impact of pricing activity.
• Coach, manage and develop team alongside building relationships with other divisions across Retail and wider AXA Group.

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.

What you’ll bring:

• Higher education in a mathematics or computer science related discipline, with equivalent grades of 2:1 or higher, or evidence of equivalent proficiency.
• Advanced level knowledge of products such as Excel, Visual Basic, SAS, R, H2O, Python, SQL, Emblem and geographic analysis tools is essential.
• Detailed understanding of appropriate statistical techniques for insurance risk analysis and demand pricing.
• Ability to grasp the significance and meaning of a range of technical and complex issues relating to underwriting, claims handling, pricing, reserving and financial analysis of insurance.
• Proven ability to plan and prioritise own work and the work of others with a continuous appetite to learn and develop skills.
• Ability to work under pressure and to strict deadlines whilst maintaining reliability and accuracy.
• Demonstrating effective communications, influencing and strong relationship building skills both within and outside the immediate team.
• Previous experience in insurance pricing is desirable but not essential.

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

What we offer:

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)
• Private medical cover
• 28 days annual leave plus Bank Holidays
• Opportunity to buy up to 5 extra days leave or sell up to 5 days leave
• Wellbeing services & resources
• AXA employee discounts

To apply, click on the ‘apply for this job’ button, you’ll then need to log in or create a profile to submit your CV. We’re proud to be an Equal Opportunities Employer and don’t discriminate against employees or potential employees based on protected characteristics. If you have a long-term condition or disability and require adjustments during the application or interview process, we’re proud to offer access to the AXA Accessibility Concierge. For our support, please send an email to saraya.cussons@axa-uk.co.uk.

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Who we are: 

AXA Retail helps people live the life they love, knowing we’ve got their back, at home and on the road. Our people are vital to us becoming more digital, faster and easier to access. We’re a dynamic team of experts completely committed to making sure our customers ‘get back to the good stuff’ when the unexpected happens.