Senior Pricing Analyst - Motor Pricing Development

Job description

Senior Pricing Analyst - Motor Pricing Development

London, Norwich or Leeds - and we're happy to consider flexible / hybrid working depending on your location.

The Motor Retail Pricing Team plays a critical role in the success of Aviva's Personal Lines business, using data and analytics to drive commercial performance and deliver value for our customers. Our mission is to be a best-in-class pricing function, and to be the best, we need exceptional people - this is where your expertise comes into play!

A bit about the job

This role sits within our Motor Pricing Development Team - a unique opportunity with a broad but deeply impactful remit which you have the chance to shape. You will be using your pricing knowledge and analytical skills, undertaking projects and initiatives to enhance our pricing tools, processes, capability, and technical excellence.

What you'll be doing

• Refining and enhancing existing price optimisation approaches
• Proposing and carrying out R&D projects on new price optimisations approaches
• Formulating and running test-and-learn pricing experiments to optimise different income streams and customer outcomes
• Collaborating with Data & Analytics colleagues to improve the performance of our predictive models
• Supporting the delivery of Pricing and cross-functional initiatives
• Driving and supporting continuous improvement of processes
• Developing and up-skilling other Motor Retail Pricing colleagues via mentoring, and role-modelling best practices

Skills and experience we're looking for

• Experience in General Insurance pricing, ideally within Motor, with excellent knowledge of Retail price optimisation, building and enhancing demand/elasticity and customer behavioural predictive models in Emblem or Python/R (or equivalent), developing analytical and optimisation workflows in Radar (or equivalent), and extracting and analysing data using tools like SQL and Excel
• Strong commercial acumen, with the ability to scope and prioritise deliveries that contribute towards achieving business objectives
• Effective communication and stakeholder management skills, with the ability to explain complex information simply, share key results and insights in a digestible way, keep others appraised of progress, and influence decisions
• Knowledge of key regulation applying to motor insurance and how this impacts pricing algorithms, models, premiums and customer experience, as well as keeping up-to-date with news and developments, both in the insurance industry and other global trends that could impact and disrupt how we operate in future
• Behaviours - proactive, collaborative and curious, with a creative growth-mindset and ability to constructively challenge the status-quo

Why join Aviva?

This is an opportunity to influence how pricing should be done in the most effective way whilst working with some of the market's most popular brands.

You'll be part of a team that:

• understands how their work drives performance and genuinely makes a difference
• works in a highly collaborative environment, bringing together multiple disciplines to solve complex challenges
• has a strong and visible focus on career development, with regular and meaningful progression conversations
• is encouraged to think differently, be creative, and bring new ideas

At Aviva, we're focused on building the strongest teams, setting high standards, investing in our people, and creating an environment where individuals can thrive.

What you'll get for this role:

Our purpose - with you today, for a better tomorrow - is a promise we make to our colleagues too. And one of the ways we live up to that promise is by investing in you. We have so much to offer when it comes to being an Aviva colleague.

• Competitive salary (depending on location, skills, experience, and qualifications)
• Bonus opportunity - 10% of annual salary (actual amount depends on your performance and Aviva's).
• Generous pension scheme e.g. if you put in 8%, Aviva adds 14%
• 29 days holiday plus bank holidays, and you can choose to buy or sell up to 5 days
• Aviva-funded Private Medical Benefit to help you get expert support when you need it
• Make your money go further - Up to 40% discount on Aviva products, and other retailer discounts
• Up to £1,200 of free Aviva shares per year through our Matching Share Plan and share in the success of Aviva with our Save As You Earn scheme
• Brilliantly supportive policies including parental and carer's leave
• Flexible benefits to suit you, including sustainability options such as cycle to work
• Make a difference, be part of our Aviva Communities and use your 3 paid volunteering days to help others
• We take your wellbeing seriously with lots of support and tools

Take a look to learn more. Put a salary into this calculator to see what your total Aviva Reward could be.

Aviva is for everyone:

We're inclusive and welcome everyone - we want applications from all backgrounds and experiences. Excited but not sure you tick every box? Even if you don't, we would still encourage you to apply. We also consider all forms of flexible working, including part time and job shares.

We flex locations, hours and working patterns to suit our customers, business, and you. Most of our people are smart working - spending at least 50% of their time in our offices every week - combining the benefits of flexibility, with time together with colleagues.

To find out more about working at Aviva take a look here

We'd love it if you could submit your application online. If you require an alternative method of applying, or if you have any queries in relation to the vacancy, please email [email protected]