Market Pricing Manager; Individual

Overview

AXA UK is investing in pricing capability through a comprehensive pricing transformation programme. The focus is on technical pricing, market pricing and pricing governance, with new pricing software, modelling and performance monitoring. The Individual Pricing Manager will join AXA Health’s Pricing Team to implement the retail pricing strategy for the Individual PMI and non-PMI portfolio, leading the team to refine retail pricing models and optimise Individual rates to balance volume and value.

Location and travel:
You’ll work at least two days a week (40%) away from home, moving to three days a week (60%) in the future. Away from home means attending one of our office locations, visiting clients or attending industry events.

What you’ll be doing

• Leading the Individual PMI pricing strategy for AXA UK, ensuring alignment with commercial objectives and guiding the design, prioritisation, and continual refinement of optimisation and rating models.
• Reviewing and challenging behavioural, demand, and market models to ensure robustness, regulatory compliance, and ongoing value enhancement.
• Overseeing model performance monitoring to prioritise reviews and enable agile interim rating changes during model assessments.
• Pricing legacy Individual PMI and non-PMI portfolios, driving sophistication and cadence improvements prior to migration.
• Validating the LTV projection framework, ensuring robustness of assumptions and timely reviews.
• Embedding fair value principles in pricing decisions in line with the fair pricing policy and conduct expectations.
• Maintaining governance and audit readiness through documentation and validation of pricing assumptions/outputs; develop data-driven monitoring for pricing changes.
• Leading, coaching and developing pricing analysts; build actuarial, data science, and commercial capabilities; represent pricing in trading, product, and governance forums, collaborating with Distribution, Propositions, Finance, Medical Underwriting, and Compliance.

What you’ll bring

• Expert knowledge of retail pricing data and modelling in insurance for AXA UK, including GLMs and machine learning (GBMs), with hands-on Radar pricing software experience.
• Deep expertise in price optimisation, reserving, and P&L dynamics to drive commercial outcomes and financial performance.
• Proven track record leading and motivating a pricing team, fostering a culture of energy, empowerment, creativity, teamwork, and strong coaching.
• Comprehensive understanding of the regulatory environment and the dynamics of large organisations in which AXA UK operates.
• Demonstrated resilience and ability to manage multiple priorities in a fast-paced, demanding environment.
• Outstanding communication and influencing skills with strong stakeholder management; ability to build credibility, manage expectations, and resolve conflicts.
• Strong educational foundation in mathematics or statistics (2:1 or higher) and ideally actuarial qualification or progress toward qualification.
• Solution-focused, data-driven mindset with delivery focus; collaborative and able to translate analytics into actionable pricing decisions with cross-functional partners (Distribution, Propositions, Finance, Compliance).

Compliance and role note

This position is defined as an Insurance Distribution Directive (IDD) role under the IDD regime, with background screening every 4 years and an annual interim declaration.

What we offer

• Competitive annual salary of up to £80,000
• Annual company & performance-based bonus
• Contributory pension scheme (up to 12% employer contributions)
• Life Assurance (up to 10 x annual salary)
• Private medical cover
• 28 days annual leave plus Bank Holidays
• Opportunity to buy up to 5 extra days leave or sell up to 5 days leave
• Wellbeing services & resources
• AXA employee discounts

How to apply

To apply, click on the ‘apply for this job’ button and log in or create a profile to submit your CV. AXA is an Equal Opportunities Employer. If you have a long-term condition or disability and require adjustments during the application or interview process, AXA Accessibility Concierge is available. For support, please email

Who we are

At AXA Health, we’re passionate about helping our members put their health first, whether individuals and families, small businesses, or large corporates. We aim to provide fast access to diagnosis and treatment, along with guidance and tools to manage health every day.

Location tags and additional listings are not part of the role description.