Job Title

Job Description Were making a significant investment in pricing capability with a comprehensive pricing transformation programme. This includes the implementation of new pricing software, market-leading modelling, and performance monitoring approaches. Our pricing structure is more aligned to focus on the key disciplines of technical pricing, market pricing and pricing governance. As a result, several vacancies have arisen, with a need for strong data science, actuarial and governance skills.If you love statistics, numbers and solving problems, joining AXA Healths Pricing Team could be an excellent opportunity for you. Were looking for an SME Pricing Analyst. Youll help deliver the retail pricing strategy for the SME PMI and non-PMI portfolio, continually refining retail pricing models and fine-tuning optimisation of SME rates in the market to strike the required balance between volume and value.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.What youll be doing:Delivering robust behavioural, demand, and market premium models in Radar, compliant with regulations, and delivering ongoing value for customers and the business.Providing ongoing model performance monitoring with timely reviews and agile interim rating adjustments to protect customers and maintain pricing accuracy.Maintaining and enhancing Radar LTV models with robust assumptions to deliver reliable lifetime value insights for responsible pricing and customer value.Running Radar optimization and rating models to achieve sustainable volume and value, backed by AXAs trusted analytics.Pricing for legacy SME PMI and non-PMI portfolios before migration, ensuring fairness and regulatory alignment.Ensuring robust modelling and performance data, collaborating with Data & Systems to improve accuracy and decision-making.Upholding AXAs Fair Pricing Policy and conduct standards in pricing proposals, ensuring transparent, fair pricing.Fostering strong collaboration with Pricing and Distribution teams to align strategies and accelerate value delivery for customers.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 were able to effectively manage interest. Therefore, if youre interested in joining us at AXA, please dont hesitate to apply.What youll bring:Knowledge of retail pricing data and modelling techniques, including GLMs and machine learning such as GBMs.Understanding of price optimisation and other actuarial techniques including reserving.Experience of using Radar pricing software.Higher education (equivalent grades of 2:1 or higher) in a mathematics or statistics related discipline and ideally studying towards actuarial qualification.Understanding of the regulatory environment in which the business operates and understanding of the dynamics of large organisations.Outstanding communication skills.Solution focused, with a strong focus on delivery, and desire for continuous improvement.Self-motivated with a can-do attitude.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.What we offer:At AXA UK, were 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 dependent on experienceAnnual company & performance-based bonusContributory pension scheme (up to 12% employer contributions)Life Assurance (up to 10 x annual salary)Private medical cover25 days annual leave plus Bank HolidaysOpportunity to buy up to 5 extra days leave or sell up to 5 days leaveWellbeing services & resourcesAXA employee discountsTo apply, click on the apply for this job button, youll then need to log in or create a profile to submit your CV. Were proud to be an Equal Opportunities Employer and dont 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, were proud to offer access to the AXA Accessibility Concierge. For our support, please send an email to [email protected].#FeelgoodHealthWho we are:At AXA Health, were passionate about helping our members to put their health first, whether thats individuals and families, small businesses, or huge corporates. From fast access to diagnosis and treatment, to guidance and tools that can help them manage their health every day, not just when theres a problem, our members can be confident well guide them, every step of the way.