Pricing Analyst
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 Retail helps people get back to the good stuff with quick, fuss-free home and car insurance and brilliant customer service.
Job overview:
It's an exciting time in our Pricing and Analytics department here at AXA UK. Our transformation programme is underway, aligned to AXA Retail's new Pricing and Analytics strategy. We're investing in growing our department in size and capability, across our IT systems, analytical toolset and learning and development. We're looking for a Pricing Analyst to lead and support innovative pricing projects that enhance customer value and satisfaction, strategically optimise risk and drive increased profitability. You will play a key role in developing and implementing pricing strategies that balance competitive positioning with sustainable business growth, ensuring we deliver value to our customers while achieving our financial targets.
Key responsibilities:
• Develop rate proposals that support and optimise retail performance, through analysis of mix, demand, and loss ratio trends.
• Ensure rate changes are approved, accurately implemented, and deliver the intended value.
• Conduct competitor and market activity analysis to inform pricing strategies.
• Support the development of new deals, offers and product testing initiatives.
• Ensure the customer is at the heart of all pricing decisions, ensuring fair value is delivered, with a strong focus on the impact on existing customers.
• Data reconciliation, ensuring thorough process documentation.
• Build and maintain strong relationships with managers, peers, and stakeholders.
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, visiting clients or attending industry events.
We know that some candidates may be discouraged from applying if they don't meet every requirement. If you're excited by this job and the prospect of working at AXA but you're not sure you tick every box, we'd still encourage you to apply.
Your skills & experience:
• Experience in an Insurance Pricing role (preferred)
• Degree (2:1 or higher) in a mathematics-related discipline
• Strong problem-solving, critical thinking, and analytical skills, with knowledge of tools like R, Python, or similar, and statistical techniques (advantageous)
• Excellent communication skills, capable of explaining complex concepts to diverse audiences
• Ability to build stakeholder relationships and gain buy-in
• Resilient and motivated, able to persevere through setbacks and work effectively under pressure and tight deadlines
• Eager to learn and continuously develop skills
• Thrive in team environments
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 saraya.cussons@axa-uk.co.uk.
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