Head of Pricing Models - 6-month FTC

Job description details

Job ref: 2025-5321

Closing date: 07/06/2025

Location:
London

Career area:
ACTUARIAL AND PRICING

Salary:
Dependent on experience


Do you have experience in the delivery of general insurance pricing models? AXA Retail have an exciting opportunity for an experienced leader to join their Pricing and Analytics department and be accountable for the delivery and quality of all pricing models. This will include claims cost, market models, and other optimisation input models.

You’ll collaborate effectively across AXA Retail to support our strategy and develop an ongoing programme of model refreshes, that allocates resource in keeping with our ambition.

At AXA we work smart, empowering our people to balance their time between home and the office in a way that works best for them, their team and our customers. You'll work at least 40% of your week away from home, moving to the majority of your working week from September 2025. Away from home means either attendance at our London office, visiting clients or attending industry events.

We’re also happy to consider flexible working arrangements, which you can discuss with Talent Acquisition.

What you’ll be doing:

  • Accountable for claims, market, and optimisation input models.
  • Develop ongoing programme of model refreshes that allocates resource in keeping with our strategy.
  • Ensure models are refreshed on a timely basis and in line with all Governance and Group standards.
  • Promote innovation and new techniques to improve all pricing models, working closely with Data Science and ML teams.
  • Review the impact on customers of pricing actions and act on this.
  • Responsible for timely and fair evaluation and onboarding of new external data sources.
  • Collaborate effectively across AXA Retail to support our strategy.
  • Lead our Modelling department, coaching and developing direct reports.

Due to the number of applications we expect to receive for this role, we reserve the right to close this advert earlier than the listed closing date to ensure we’re able to effectively manage interest. Therefore, if you’re interested in joining us at AXA, please don’t hesitate to apply.

What you’ll bring:

  • Insurance or financial services experience – essential.
  • Risk pricing expertise – essential.
  • Leadership experience of a team of direct reports - essential.
  • Data and risk modelling background – preferred.

Internal candidates are encouraged to apply for this role as a secondment opportunity through the internal careers site.

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

This position has been defined as an Insurance Distribution Directive (IDD) role under the IDD regime which means that in addition to pre-employment screening checks, the successful candidate will be subject to background screening every 4 years with an annual declaration in interim years.

What we offer:

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 dependent on experience
  • Discretionary company & performance-based 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 5 days leave
  • AXA employee discounts
  • Gym benefits

To apply, click on the ‘apply for this job’ button, you’ll then need to log in or create a profile to submit your CV. We’re proud to be an Equal Opportunities Employer and don’t discriminate against employees or potential employees based on protected characteristics. If you have a long-term condition or disability and require adjustments during the application or interview process, we’re proud to offer access to the AXA Accessibility Concierge. For our support, please send an email to adi.stapletonberry @axa-uk.co.uk.

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Who we are:

AXA Retail helps people live the life they love, knowing we’ve got their back, at home and on the road. Our people are vital to us becoming more digital, faster and easier to access. We’re a dynamic team of experts completely committed to making sure our customers ‘get back to the good stuff’ when the unexpected happens.

What we offer

We acknowledge and appreciate the exceptional efforts of our people in protecting what matters most to our customers. In exchange we offer a series of core and supporting benefits designed to empower our people to thrive both professionally and personally.

Competitive Salary

Annual Bonus

25 - 28 Days Annual Leave

Volunteering Days

Pension Scheme

Life Assurance

Employee Discounts

AXA Share Plan

Gym Benefits

Retail Discounts

Wellbeing Apps

Voluntary Benefits

Our Values

Our Values shape what we do and how we do it.
They inspire, guide, empower & unite us.

Customer first

All our thinking starts with the customer

Integrity

We’re guided by strong moral principles

Courage

We speak our mind and act to make things happen

One AXA

Being together and being different makes us better

Inclusion

At AXA we have a culture of trust, respect and care, where everyone belongs. We have an ambition 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 all have a role to play in ensuring a working environment in which everyone, regardless of who they are, can reach their true potential. 

Equal Opportunities

We believe in hiring people who possess the appropriate skills and values that align with our vision. Our selection process is fair and equitable, ensuring that all candidates have an equal opportunity to join us. We are dedicated to promoting diversity and inclusion, and we actively encourage applications from individuals of all backgrounds. As an Equal Opportunities Employer, we take pride in treating our employees and potential hires with respect and without discrimination based on any Protected Characteristics. 

Accessibility Concierge

As a Disability Confident employer, we’re proud to offer our support and access to the AXA Accessibility Concierge. A unique, industry leading offering created to support and encourage candidates with long term health conditions or disabilities that may require alternative methods of applying or for reasonable adjustments during the recruitment process. Our trained Accessibility Concierge Ambassadors will have a conversation with you to identify the support you need and explain how you will be supported throughout the process. The service is available to all candidates, including those already employed by AXA. To ensure ease of access, every job advert lists a responsible Talent Acquisition contact, who’ll be able to connect you with the Accessibility Concierge if you require any support.

Disability Confident 'Offer of Interview' Scheme

AXA UK are recognised as a Disability Confident Leader. We actively encourage applications from people who face barriers in the workplace due to a disability or long-term health condition. We participate in the Disability Confident ‘Offer of Interview’ scheme. This means a fair and proportionate number of candidates with long-term health conditions or disabilities who meet the essential criteria of a job, will be offered an interview.

  • You'll need to show you meet the essential criteria as detailed in the job advert or job description
  • You don’t need to share the details of your long term health condition or disability for your application to be considered under this scheme

As part of your application, you’ll be asked if you would like to ‘opt in’. To ensure ease of access, every job advert lists a responsible Talent Acquisition contact, who’ll be able to connect you with our Accessibility Concierge if you require any support.

Screening & Conduct

As a regulated financial services company, all successful candidates will be subject to pre-employment checks. Additionally, adherence to the Prudential Regulation Authority’s (PRA) Insurance Conduct Standards and the Financial Conduct Authority's (FCA) Conduct Rules will be required.

How we hire

There are 3 stages to our recruitment process; Application, Interview and Decision. This process provides an opportunity for us to get to know you, and for you to get to know us. We’re looking for people who share our values and ambition.

Application

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Interview

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Decision

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How we work

We know one size doesn't fit all so depending on our customer's needs, your unique circumstances and how your team operates we offer a blend of home and office-based working.

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