Pricing Analyst

Salary

UP to £65,000 dependent on experience

Job Description

We’ve got exciting opportunities for Pricing Analysts to join the Retail Pricing team here at AXA UK. You’ll work in a technically sophisticated environment leveraging the full power of open-source tooling. You’ll be involved in day-to-day analysis, modelling, and development of pricing recommendations alongside BAU analytics. You’ll contribute to projects that continually improve the predictive power and segmentation of statistical models of claims and demand, using both traditional and data science and contemporary techniques.

 

Working on BAU and a large-scale project centred around van products, there are plenty of opportunities to suit; whether you’re experienced and ready to take your career to the next level, or a recent graduate looking to embark on a career in insurance pricing, we'd still encourage you to apply and speak with Talent Acquisition to decide which role is suitable for you. This is a 6-month FTC.

 

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 40% of your week away from home, moving to the majority of your working week from September 2025. Away from home means either attendance at our Redhill office, visiting clients or attending industry events.

 

What you’ll be doing:

 

• Create, validate, reconcile, and transform datasets for analysis and modelling.
• Undertake analysis and modelling by writing and manipulating code.
• Support in the creation, maintenance and deployment of rating models that predict claims cost, conversion, or retention.
• Contribute to the specification, development, and testing cycles for deployment of rates.
• Consider the impact on customers of pricing actions and act to avoid any unfair treatment.
• Assist in producing and developing appropriate monitoring for the Pricing team and other stakeholders.
• Provide technical Underwriting and Pricing support to assist the business in achieving its plans.
• Build strong relationships with managers, peers, and stakeholders.

 

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.

 

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.

 

What you’ll bring:

 

• Excellent numerical and mathematical skills.
• 2:2 degree or higher in Science, Technology, Engineering or Mathematics or evidence of equivalent mathematical proficiency.
• Experience in a related Insurance Pricing role is strongly preferred.
• Awareness of appropriate statistical techniques for insurance analysis.
• Understanding of machine learning techniques is desirable.
• Knowledge of tools such as Python, R, SAS, SQL or other analytical language or tools is desirable.
• Demonstrate high levels of problem-solving skills and initiative whilst working to strict deadlines.
• Effective communication skills to help establish a network within AXA.
• Continuous appetite to learn and develop skills.

 

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.

 

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:

 

• Annual salary of up to £65,000 dependent on experience.  
• Discretionary company & performance-based bonus.
• Contributory pension scheme (up to 12% employer contributions).
• Life Assurance (up to 10 x annual salary).
• 25 days annual leave plus Bank Holidays.
• Opportunity to buy up to 5 extra days leave or sell up to 5 days leave.
• AXA employee discounts.
• Gym benefits.

 

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 adi.stapletonberry@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.