We are currently recruiting a Head of Motor Technical Pricing to lead the team that continually improves predictiveness and segmentation of statistical models of claims and expenses across direct and intermediary motor accounts using both traditional and emerging/data science techniques. Based in either our Weybridge, London or Ipswich office, this role will ensure that technical prices and account profitability assessment appropriately reflect latest insight from models. Key areas of the role will be as follows;ModellingAccountable
for claims and expense cost modellingPromote
innovation and new techniques to improve Technical Pricing ModelsEnsure
technical pricing models treat customers fairly Lead
a process of reconciliation between offline models and live rating to
ensure pricing execution precisionMonitoringReview
emerging loss ratio and contribution MI by rating factor and factor
combinations and direct remedial action to improve account performanceDeliver
expected loss ratio reports and risk indices to other department
stakeholders to inform them of aggregate impact of pricing activity. ManagementLead
the Technical Pricing team of 10 managers and analysts to develop their business knowledge, technical
and communication skills Support
direct report managers and analysts in the team by offering expert
direction and oversight and act as a trusted leader to resolve issues
arising.Collaborate
with other AXA entities to maximise knowledge sharing across the GroupBuild
relationships with other divisions across Retail to ensure impact of
Pricing on their activities is understood and their activities' impact on
prices is understoodPrioritise
projects according to business opportunity and riskWe are seeking a highly numerate
modelling expert with leadership skills and hands-on modelling abilityYou will have Technical
modelling experience, preferably in personal linesExperience
managing analytical staffKnowledge of traditional
EMBlem modelling and emerging open-source techniquesWhat We Offer:Bonus Scheme linked to yours and the company's performancePension scheme with employer contributions as well as your own28 days holiday increasing depending on length of servicePrivate Medical InsuranceCompany Car SchemeShare Plan SchemeFlexible location working
possible, with expectation of at least 50% time co-located with teamLife CoverDiscount on all AXA Insurance products, including insurance, breakdown cover & healthcare.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 environment where you'll be developed, challenged and encouraged to move around to achieve even bigger and better things - nationally and internationally. You'll learn directly from senior leaders, from the best in our business. And you'll enjoy real responsibility, really early on.Every large company today talks about supporting diversity and inclusion. But at AXA UK, these values form an integral part of everything we do. For us, it's about bringing together the best talent, helping people to realise their full potential by being 100% themselves at work and delivering outstanding service to everyone - regardless of difference. Proud to be part of the AXA Group, a global insurance brand and a worldwide leader in financial services, AXA Insurance businesses employ over 5,500 in a network of offices across the UK. Our expert teams care for a huge range of customers, helping them protect their cars, homes and businesses against life's uncertainties. Whether bought directly, through brokers or through a number of corporate partners, our market-leading products are trusted by millions.