Market Pricing Analyst (SME)
Description
About AXA:
AXA is a global leader in insurance and financial services, dedicated to helping customers protect what matters most to them. As the sixth-largest insurance company in the world, we provide a wide range of services, including health, car, home, and business insurance. We support millions of customers worldwide, helping them navigate life's uncertainties with confidence.
AXA Health supports members to put their health first, from individuals to huge corporates, with fast access to diagnosis and treatment when they need it.
Job overview:
We're excited to announce a new opportunity for a Pricing Underwriter to join our dynamic commercial department on a 12 month fixed term contract. In this pivotal role, you'll leverage your expertise in risk assessment to price large corporate clients' renewals and new business proposals, directly supporting our sales colleagues in renewing existing business and engaging with potential new clients. As a Pricing Underwriter, you'll take charge of pricing and managing a diverse portfolio of large corporate renewals. You'll negotiate terms and monitor portfolio performance while gaining insights into how your contributions impact overall Large Corporate results. One of the most exciting aspects of this position is the chance to get involved in various projects that may extend beyond the large corporate arena, allowing you to broaden your expertise and make a significant impact. Join us and be a part of our journey towards excellence!
Key responsibilities:
• Price new business and renewals for large corporate group accounts.
• Provide technical pricing support and assist sales account managers and other stakeholders with trend analysis and justification of terms to enhance the negotiation process.
• Engage in diverse projects that may extend beyond the large corporate sector, expanding your expertise and impact.
• Support training initiatives through collaboration with the Underwriting Development Manager to train new team members and assist in the pricing training of sales colleagues.
• Manage and monitor the performance of your portfolio to gain insights into its contribution to overall Large Corporate results.
Work arrangements:
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 attending the office in Tunbridge Wells, visiting clients or attending industry events. We're also happy to consider flexible working arrangements, which you can discuss with Talent Acquisition.
Induction & Training:
You'll receive comprehensive training in this role which will require you to be in the office 5 days per week for up to 3 months initially.
Your skills & experience:
• Demonstrable understanding of risk elements and performance metrics for corporate client renewals and new business.
• Strong logical thinking and analytical abilities, with a keen eye for detail to ensure accuracy.
• Exceptional self-organisation capabilities to manage tasks effectively.
• Excel and mathematical skills to analyse data accurately.
• Ability to manage your own portfolio and workload efficiently.
• Understanding of the PMI market and broader business landscape is desirable.
• Effective communication skills to foster constructive relationships with sales colleagues and stakeholders.
• Desire to thrive in high-pressure situations, utilising your negotiation and influencing skills to navigate requests from clients and brokers.
Internal candidates are encouraged to apply for this role as a secondment opportunity through the internal careers site.
As a precondition of employment for this role, you must be eligible and authorised 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.
How to apply:
To apply, click on the 'apply now' 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 mel.ainscough@axa-insurance.co.uk.
Application Closure:
We encourage you to apply for this opportunity as soon as possible, as we may close this advert earlier than the listed closing date.
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