Employment Type: Full-Time/Permanent
Salary: Up-to £60,000 and Up-to 10% Bonus
Hours: Monday – Friday
AA Summary
Think the AA is just about roadside assistance? Think again! As one of the UK's most trusted brands, we provide a wide range of services to millions of customers. From comprehensive Home and Motor Insurance to personalised Financial Services like Loans and Savings, and outstanding B2B, Consumer, Business Services, Driver Training, Car Care, and Service Maintenance and Repair, we've got you covered. Our mission is to keep Britain moving, and we're looking for dedicated individuals to join our team. Ready to join us?
This is the job
Step into the exciting role of Senior Pricing Analyst at AA Insurance, where you'll drive our pricing strategies with your sharp analytical skills and innovative system development. You'll be responsible for conducting in-depth pricing analysis, maintaining and enhancing our pricing systems, and ensuring our rates are both competitive and accurate. Your insights will directly influence our market success and customer satisfaction.
What will I be doing?
* With the overall aim of optimising acquisition and retention of AA business, provide the necessary support to design, build, and maintain robust pricing systems, models, and price test strategies. This will facilitate the delivery of high-quality pricing analyses in line with market best practice, along with the provision of high-quality MI to monitor results.
* Undertake competitor, portfolio, and ad-hoc analyses, allowing for trends and modelling future scenarios, and ensure the statistical validity of output.
* Conduct analyses to support business cases and financial modelling.
* Ensure the high quality of all analyses, with efficient data extraction and cleansing, timely reporting, and appropriate explanation and commentary.
* Work closely with the Trading team, as well as the Digital Team and IT teams to act as the business interface, ensuring that the interests of the business are represented.
* Coach, train, and develop Pricing Analysts to aid succession planning and ensure that business goals are met.
What do I need?
* Extensive experience of using Radar within an insurance environment.
* Proficiency in using and coding in programs such as SAS and Databricks.
* An understanding of multivariate analytical techniques applied to Personal Lines Insurance business.
* Understanding of, and practical experience in, insurance and consumer modelling.
* Analytical experience gained in a data-rich environment.
* Experience of implementing change within business and IT systems.
* Ability to conduct ad-hoc analyses and present results, with limited oversight from others.
Additional information
We’re always looking to recognise and reward our employees for the work they do. As a valued member of The AA team, you’ll have access to a range of benefits including:
* 25 days annual leave plus bank holidays + holiday buying scheme.
* Worksave pension scheme with up to 7% employer contribution.
* Free AA breakdown membership from Day 1 plus 50% discount for family and friends.
* Discounts on AA products including car and home insurance.
* Employee discount scheme that gives you access to a car salary sacrifice scheme plus great discounts on healthcare, shopping, holidays and more.
* Company funded life assurance.
* Diverse learning and development opportunities to support you to progress in your career.
* Dedicated Employee Assistance Programme and a 24/7 remote GP service for you and your family.
Plus, so much more!
We’re an equal opportunities employer and welcome applications from everyone. The AA values diversity and the difference this brings to our culture and our customers. We actively seek people from diverse backgrounds to join us and become part of an inclusive company where you can be yourself, be empowered to be your best and feel like you truly belong. We have five communities to bring together people with shared characteristics and backgrounds and drive positive change.
As part of the onboarding process, we complete several pre-employment checks including work reference, credit and criminal record checks.
We may close the vacancy sooner than the advertised date if we get a high volume of applications, please apply now if you are interested.
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