Pricing Specialist - Motability

Pricing Specialist – Motability – Salary c.£75,000

This is a great job for someone who wants to broaden their pricing and actuarial expertise while working on one of the UK's largest and most unique motor insurance portfolios. This role could suit someone with experience in pricing, reserving or data science who is looking to develop their understanding of claims, pricing and reserving techniques in a highly collaborative environment.

A bit about the job:

This role sits within Aviva's Personal Lines business and focuses on the pricing of the Motability fleet, with annual premiums exceeding £1bn. You'll be part of a team whose primary focus is delivering detailed reserving-style analysis using Python to set a single fleet price every six months. Alongside this, you'll contribute to a wide range of analytical work, including segmentation analysis, pricing projections, business planning, proposition assessments and claims investigations. The team works closely with colleagues across Claims, Finance, Underwriting, Data and Analytics, as well as our client, Motability, giving you exposure to a broad range of stakeholders and business areas. This is an excellent opportunity to develop your pricing, reserving and analytical expertise while working on one of the UK's largest motor insurance portfolios.

Skills and experience we’re looking for:

• Experience within the Insurance or Financial Services industry, gained in a Pricing or Actuarial role.

• Experience carrying out claims reserving analysis (in practice or via actuarial exams).

• Strong analytical and problem-solving skills, with excellent attention to detail.

• Strong communication and presentation skills, with the ability to explain complex findings to both technical and non-technical audiences.

• Experience with Statistical Modelling (GL/GBM, Radar/Emblem), Python and/or SQL would be beneficial. Motor insurance experience would also be advantageous.

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.

• Starting salary circa £75,000 (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 contact Alannah Burgess on alannah.burgess1@aviva.com