Overview
Company description
Job Title: Pricing Analyst
Location: Remote
Employment Type: Full-Time/Permanent
Salary: Up-to £50,000
Benefits: Up-to 10% Bonus
Hours: Monday to 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 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?
#LI-THEAA #LI-Remote
This is the job
We’re leveraging cutting-edge pricing methodologies and machine learning techniques to overhaul our renewal pricing process. With enhanced data at our disposal, we’re poised to create more accurate and competitive pricing models. To achieve this, we’re seeking a Pricing Analyst who possesses the necessary skills, vision, and determination to help shape best-in-class pricing strategies.
Supported by a top-tier pricing team and state-of-the-art pricing tools, the Pricing Analyst will be involved in the entire pricing process. Their responsibilities include supporting the Pricing Manager and other Senior Pricing Analysts with analysing findings, and effectively communicating insights to stakeholders. This pivotal role ensures that our pricing remains competitive and aligned with market trends.
What will I be doing?
- Building and Maintaining Robust Pricing Models: Create and manage pricing models that enhance AA’s value by optimising renewal performance in alignment with business objectives.
- Improving Model Performance: Identify opportunities to enhance model performance through innovative data items and analytical techniques, including open data, data enrichment, and machine learning.
- Developing Robust Data Sets: Build comprehensive data sets to ensure data adequacy and accuracy and collaborate with Financial Analysts to support lifetime value models.
- Assisting with Implementation: Support the Pricing Manager in implementing pricing models, including deployment and price testing.
- Engaging Stakeholders: Present insights and strategic plans to key stakeholders to gain support for pricing initiatives.
- Collaborating Across Teams: Work closely with other pricing and data teams to integrate insights into pricing strategies.
What do I need?
- Insurance Pricing Models: Proven experience and solid technical understanding of insurance pricing models (GLMs essential, machine learning techniques desirable)
- Software Skills: Proven skills in the following software packages: Radar (including Optimiser, desirable), deployment of Radar Live (desirable), EMBLEM or similar (desirable), and a programming language (e.g., SAS, R, Python, SQL, etc.)
- Ability to Work Under Pressure: Ability to work under pressure and use judgment to provide appropriate answers within required timescales
- Problem-Solving Skills: Strong problem-solving skills, including evidence of using appropriate analytical techniques and drawing conclusions from data
- Effective Communication: A proven track record of communicating complex issues to business management
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.
