Pricing Analyst

Basingstoke, England, United Kingdom

12/17/2024

Company Description/ Business Unit

Job Title: Pricing Analyst

Location: Basingstoke – Hybrid – Two Days In Office

Employment Type: Full-Time/ Permanent

Salary: Competitive Salary and Up-to 10% Bonus

Hours: Monday - Friday

AA Summary

Assuming The AA is just about roadside help? There’s more to us than meets the eye.

The AA is one of the UK’s most well-known and trusted brands. We provide a range of services to millions of customers, from roadside assistance, financial services to insurance and driving lessons. Our mission is to help keep Britain moving, and we’re looking for dedicated individuals to join our team. Are you ready to join?

This is the job

We are seeking a Pricing Analyst to support the pricing, development, and monitoring activities for AA Motor and Home Insurance. The primary goal is to optimise the acquisition and retention of AA business. You will be responsible for designing, building, and maintaining robust pricing systems, models, and price test strategies to deliver high-quality pricing analyses in line with market best practices.

What will I be doing?

• Develop new models using both traditional and modern techniques, including retention, acquisition, and customer behaviour prediction models.
• Collaborate with the Pricing Manager and fellow analysts to create analysis, insights, and management information (MI) to profitably grow insurer portfolios.
• Monitor model performance using both statistical and non-statistical methods to objectively recommend the optimal time for refreshing or rebuilding models.
• Support the development and implementation of pricing strategies that enhance value by optimising the acquisition and retention of AA Insurance business.
• Conduct modelling and analysis to support marketing activities and acquisition strategies.
  
  

What do I need?

• Understanding of financial and consumer modelling within General Insurance.
• Proven programming and modelling skills, ideally in Radar, Emblem, SQL, Python, R, Shiny, Streamlit, PySpark, etc.
• Analytical experience in a data-rich Financial Services environment, with proficiency in analytical tools.
• Ability to communicate complex issues clearly.
• Knowledge of lifetime value, customer relationship management, and segmentation strategies.
• Capability to develop and implement change.
  
  

Additional information

Benefits

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.