Senior Pricing Analyst Job at The AA – in London
The AA is truly a great British brand. Established in 1905 by 4 driving enthusiasts, it remains one of the most well-known and trusted brands in the UK with over 12m breakdown members. With more patrols and a higher quality service than any competitor (Which? recommended best breakdown cover) the AA is the undisputed leader in the sector. With that strong foundation, the AA is now focussed on a future vision to support all of the UK’s 17m drivers and make their driving lives simple and smart with data, digital and innovation at the heart of the transformation strategy. No one is better placed to deliver on this vision than the AA.
Location: London (flexible working available)
Contract: Full Time/Permanent
Salary: Up to £60,000 + benefits
This is the job
We’re undergoing exciting changes in The AA Roadside pricing team. Using the latest pricing and machine learning techniques we are rebuilding our renewal pricing from end-to-end. Our enhanced data is ready for use and we need a Senior Pricing Analyst with the skills, vision and drive to help us shape best in class pricing!
Supported by a high quality pricing team and cutting edge pricing tools, the Senior Pricing Analyst will take strong ownership of the process and share the findings with our stakeholders. You will also mentor or manage junior analysts in order to support pricing team goals.
What will I be doing?
Building and maintaining robust pricing models that help increase value to the AA by optimising renewal performance in line with business objectives.
Seeking and identifying opportunities to improve model performance through new data items or analytical techniques including open data, data enrichment and machine learning.
Developing robust data sets to ensure data adequacy and accuracy, including working with the Financial Analysts to support the life-time value models.
Assist the Pricing Manager in managing implementation such as model deployment and price testing.
Mentor or manage junior members of the team to deliver stronger performance and meet the pricing team goals.
Present insights and plans to key stakeholders to gain support for pricing initiatives.
Work closely with other pricing and data teams, to embed insights into pricing.
What do I need?
Capability, Knowledge and Experience:
Proven experience and solid technical understanding of insurance pricing models (GLMs essential, machine learning techniques desirable)
Proven skills in the following software packages:
Radar including Optimiser (Essential) and deployment of Radar Live (Desirable)
EMBLEM or similar (Desirable)
A programming language (e.g. SAS, R, Python, SQL, etc)
Proven ability of taking responsibility for multiple projects and stakeholders
Ability to work under pressure and use judgment to provide appropriate answers within required timescales
Strong problem-solving skills – including evidence of using appropriate analytical techniques and draw conclusions from these to solve a range of business problems and to be able to organise, filter and augment data appropriately
Experience in developing junior analysts skills and performance
A proven track record of communicating complex issues to business management
Education and Qualifications:
High academic achiever with a Graduate Degree level or above in numerical subject
An analytical background, with continued workplace application of skills
Driven individual, with the passion and energy to continually improve the business
An ability to effectively plan and prioritise work, with the drive & confidence to work undirected
An excellent team player, with a positive attitude, great attention to detail and a creative thinker
Demonstrable appetite to broaden your knowledge and develop your skills
As a valued member of our team, you’ll have access to a range of fully supported development programmes, designed to help you progress in your career with us. Whether you’re looking to grow in your current role, or learn new skills and take on greater responsibilities, we can help you build the career you’re looking for here.
We’re always looking to recognise and reward our employees for the work they do. Here are just a few of the benefits you’ll have access to, as part of our team:
Discounted home and motor insurance
Half price AA breakdown membership in your first year and free after 12 months, along with a 50% introductory discount off breakdown cover for 12 months for up to 5 friends/family members.
Plus, so much more!
Good conduct matters to us. Our teams are motivated by doing the right thing for both customers and colleagues, and in line with our values, we ask all our employees to act with honesty & integrity and respect for others at all times.
We’re an equal opportunities employer and welcome applications from anyone regardless of race, sex, disability, religion/belief, sexual orientation or age.
We hope to hear from you soon. #HeadOffice
About the Company
Company: The AA –
Company Location: London