Head of Pricing Models - London, United Kingdom - Axa

Axa

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Description:

We have an exciting opportunity for a Head of Pricing Models within AXA Retail to own and deliver the pricing models strategy, leading the team to continually improve the predictiveness of statistical models of claims, demand, elasticity and market premium across direct and intermediary home and motor accounts using both traditional and emerging data science techniques.

Reporting to the Director of Pricing, you will collaborate with the Reserving and Claims Analytics teams to ensure there is a common view of emerging claims trends and inflation, and shape the exposure management strategy from a pricing perspective.

At AXA we're adopting a Hybrid way of working, empowering our people to balance their time between home and the office/ our London office in a way that works best for them, their team and our customers.

What you'll be doing:

Shape and deliver the strategy for claims, demand, elasticity, market premium and expense modelling, ensuring sophistication is in line with or better than best practice in the market.
Identify areas of commonality and areas of necessary difference between portfolios, tailoring models to individual distribution channels where appropriate.
Ensure models are appropriately excellent and refreshed frequently (automated where possible) using model performance KPI's to determine the refresh cadence, deploying model changes in an agile but well controlled manner in line with agreed timelines.
Proactively identify, analyse, test and drive implementation of new data sources, including internal customer data, external credit data, aggregator data and weather peril risk scoring.
Regularly collaborate with Reserving and Claims Analytics leaders to deliver a single view of inflation expectations and other emerging claims trends, using insight from model refreshes where appropriate.
Shape and deliver pricing exposure management strategy, influencing Retail reinsurance activity to optimise reinsurance costs in pricing.
Ensure the customer impact is considered at all stages of the modelling process, ensuring use of customer data is fair, ethical and well governed.
Lead the Pricing Models team, coaching and developing direct reports, ensuring priorities are aligned with Retail business objectives and the impact of deliverables is well understood.
Collaborate with other AXA entities to maximise knowledge sharing across the Group.

Qualifications:

Demonstrable experience leading and motivating a team at Leader level to achieve targets and building a culture of positive energy, empowerment, creativity and teamwork.
Comprehensive understanding of the regulatory environment in which the business operates and understanding of the dynamics of large organisations.
Demonstrable resilience and experience of successfully managing multiple priorities.
Strategic thinker, and able to translate strategy into a delivery plan.
Outstanding communication and influencing skills.
Proven track record in people development skills and evidence of effective performance management, strong development and coaching skills.
Strong stakeholder management experience, including proven ability to establish early credibility, build robust relationships, manage stakeholder expectations, provide sensitive guidance, bring about consensus and resolve conflict.
Solution focused, with a strong focus on delivery, and desire for continuous improvement.
Selfmotivated with a cando attitude, valuing the contribution of others and understanding the need for collaboration.

As a precondition of employment for this role, you must be eligible and authorised to work in the United Kingdom.

What we offer:

One of the best things about joining AXA is our rewards package.

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:

Competitive annual salary
Annual company & performancebased bonus
Contributory pension scheme (up to 12% employer contributions)
Life Assurance (up to 10 x annual salary)
28 days annual leave plus Bank Holidays
Opportunity to buy up to 5 extra days leave or sell up to 3 days leave
AXA employee discounts
Gym benefits

Our ambition is to become one of the most inspiring companies to work for, as such we're committed to supporting employee needs, providing meaningful career development and celebrating differences.

We understand that everyone has individual work and home life responsibilities, therefore we're happy to discuss flexible working arrangements for this role, should this be a requirement for you.

About AXA:

With a presence in over 60 countries, and 165,000 employees serving the needs of 107 million customers, AXA is big.

But never too big to care for every single person who works here. So when you join us, we promise to put our collective might behind you and your career.

You'll work in an open and supportive enviro