Principal Pricing Analyst - Digital
Principal Pricing Analyst - Digital

Principal Pricing Analyst - Digital

Guildford Full-Time 50400 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our Digital Street Pricing team to develop and implement innovative pricing strategies.
  • Company: Allianz is a global leader in insurance, committed to innovation and professional growth.
  • Benefits: Enjoy flexible working, generous study packages, and access to top training platforms.
  • Why this job: Enhance your skills while making a real impact in a supportive and diverse environment.
  • Qualifications: Strong analytical skills and proficiency in tools like MS Excel and SAS are essential.
  • Other info: We support hybrid work patterns and prioritise diversity and inclusion in our hiring.

The predicted salary is between 50400 - 72000 £ per year.

At Allianz, we are dedicated to providing exceptional insurance solutions that meet the diverse needs of our clients. As a global leader in the industry, we foster an environment of innovation, collaboration, and professional growth. We are currently seeking a highly skilled Principal Pricing Analyst to join our Digital Street Pricing team in Guildford on a hybrid basis.

The Principal Pricing Analyst in our Digital Street Pricing Team will be responsible for developing and implementing pricing strategies that optimize market competitiveness and profitability. This role involves conducting comprehensive market analyses, evaluating pricing models, and collaborating with cross-functional teams to ensure pricing aligns with business objectives and customer needs.

You will participate in the Global P&C Academy accreditation, enhancing your skills in underwriting, risk engineering, pricing, and claims management while exchanging best practices across the Allianz Group. Furthermore, for pricing-based roles, Allianz Insurance offers a generous study package to enable the actuarial qualification to be obtained through the Institute and Faculty of Actuaries in the UK. Our team values continuous learning, and you can enjoy free access to top training platforms like DataCamp, Databricks Academy, and LinkedIn Learning. Additionally, we host Lunch and Learn sessions on key business topics hosted by experts across the team and monthly insight sessions, including the Data Science Forum and analyst forum, to refine your technical skills.

Salary Information
Pay: Circa £63,000 per year. Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.

About You
As the Principal Pricing Analyst in our Digital Street Pricing Team, you will be responsible for:

  • Carrying out and supporting the team to deliver pricing analysis.
  • Coordinating the delivery of technical projects to improve underwriting performance against common technical modelling standards and adherence to data controls.
  • With your manager, defining, setting priority and reporting on status of project work and rate reviews/analysis to support product and pricing development.
  • Having oversight of pricing and underwriting monitors, ensuring key points are raised to the wider business.
  • Supporting manager in Pricing meetings through presenting and contributing to outcomes.
  • Line managing junior members of the Pricing team or coaching them to develop their expertise/knowledge.

Essential Skills
To be successful in this role, you will:

  • Understand key processes, procedures and targets and be able to communicate effectively with key stakeholders.
  • Understand how own/team's work contributes to business performance and customer outcomes.
  • Have strong analytical and data interpretation skills with the ability to communicate findings to technical and non-technical audiences.
  • Interpret rules and guidelines properly to support decisions.
  • Have full working knowledge of tools appropriate to lines of business worked on (e.g. MS Excel, VBA and SAS (Enterprise Guide and/or Base), Willis Towers Watson Emblem, Classifier and Radar, Micro-strategy).

Desirable Skills
• Have relevant Pricing Academy or professional qualifications completed or working towards.
• Have experience in training and coaching junior team members in analysis and use of analysis software.

What We Will Offer You
Recognised and rewarded for a job well done, we have a range of flexible benefits for you to choose from - so you can pick a package that's perfect for you. We also offer flexible working options, global career opportunities across the wider Allianz Group, and fantastic career development and training. That's on top of enjoying all the benefits you'd expect from the world's number one insurance brand, including:

  • Flexible buy/sell holiday options.
  • Hybrid working.
  • Annual performance related bonus.
  • Contributory pension scheme.
  • Development days.
  • A discount up to 50% on a range of insurance products including car, home and pet.
  • Retail discounts.
  • Volunteering days.

Our Ways of Working
Do you need flexibility with the hours you work? Let us know as part of your application and if it's right for our customers, our business and for you, then we'll do everything we can to make it happen. Here at Allianz, we are signatories of the ABIs flexible working charter. We believe in supporting hybrid work patterns, which balance the needs of our customers, with your personal circumstances and our business requirements. Our aim with this is to help innovation, creativity, and you to thrive - Your work life balance is important to us.

Diversity & Inclusion
At Allianz, we prioritize diversity and inclusion, demonstrated by our numerous accreditations: EDGE certified for gender inclusion, Women in Finance Charter members, Disability Confident employer, Stonewall Diversity Champion, Business in the Community's Race at Work Charter signatories, and Armed Forces Covenant gold standard employer. We embrace neurodiversity and welcome applications from neurodivergent and disabled candidates, offering tailored adjustments to ensure your success. We encourage our employees to advocate for their needs, whether it's assistive technology, ergonomic equipment, mentoring, coaching, or flexible work arrangements.

Accessible Application for All
As part of the Disability Confident Scheme, we support candidates with disabilities or long-term health conditions through the Offer an Interview Scheme, for those meeting the essential skills for the role. Contact our Resourcing team to opt into this scheme or for assistance with your application, including larger text, hard copies, or spoken applications.

For any inquiries or to submit your application, please contact: Charlotte Whalley. If you are an at-risk candidate facing potential redeployment, please include this information in your CV. We reserve the right to close the advert early if we reach enough applications. Closing date 02/07/25.

Principal Pricing Analyst - Digital employer: Allianz

At Allianz, we pride ourselves on being an exceptional employer that champions innovation, collaboration, and professional growth. Our Guildford location offers a hybrid working model, generous study packages for actuarial qualifications, and access to top training platforms, ensuring our employees thrive in their careers. With a strong commitment to diversity and inclusion, flexible benefits, and a supportive work culture, we empower our team members to achieve their full potential while enjoying a rewarding work-life balance.
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Contact Detail:

Allianz Recruiting Team

Hr-recruitment@allianz.co.uk

StudySmarter Expert Advice 🤫

We think this is how you could land Principal Pricing Analyst - Digital

✨Tip Number 1

Familiarise yourself with the latest trends in pricing strategies within the insurance industry. Understanding how digital pricing models are evolving will help you demonstrate your knowledge during interviews and discussions.

✨Tip Number 2

Network with professionals in the pricing and insurance sectors, especially those who work at Allianz or similar companies. Engaging in conversations can provide insights into the company culture and expectations for the Principal Pricing Analyst role.

✨Tip Number 3

Brush up on your analytical skills, particularly with tools like MS Excel, VBA, and SAS. Being able to showcase your proficiency in these tools during the interview process will set you apart from other candidates.

✨Tip Number 4

Prepare to discuss your experience in managing projects and coaching junior team members. Highlighting your leadership skills and ability to collaborate effectively will resonate well with the hiring team.

We think you need these skills to ace Principal Pricing Analyst - Digital

Analytical Skills
Data Interpretation
Pricing Strategy Development
Market Analysis
Technical Project Coordination
Stakeholder Communication
MS Excel
VBA
SAS (Enterprise Guide and/or Base)
Willis Towers Watson Emblem
Classifier and Radar
Micro-strategy
Coaching and Training Skills
Problem-Solving Skills
Attention to Detail
Adaptability

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Principal Pricing Analyst role. Focus on your analytical abilities, familiarity with pricing models, and any experience in coaching or managing teams.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for pricing analysis and your understanding of Allianz's commitment to innovation and collaboration. Mention specific examples of how you've contributed to pricing strategies or market analyses in previous roles.

Highlight Technical Skills: Emphasise your proficiency in tools like MS Excel, VBA, and SAS, as well as any experience with pricing software such as Willis Towers Watson Emblem. This will demonstrate your capability to handle the technical aspects of the role.

Showcase Continuous Learning: Mention any relevant qualifications or courses you are pursuing, especially those related to pricing or actuarial studies. Highlight your enthusiasm for continuous learning and how it aligns with Allianz's values.

How to prepare for a job interview at Allianz

✨Understand the Role

Before your interview, make sure you thoroughly understand the responsibilities of a Principal Pricing Analyst. Familiarise yourself with pricing strategies, market analysis, and how these contribute to business objectives. This will help you articulate your fit for the role.

✨Showcase Your Analytical Skills

Prepare to discuss your analytical and data interpretation skills. Be ready to provide examples of how you've used tools like MS Excel, VBA, or SAS in previous roles. Highlight any specific projects where your analysis led to improved outcomes.

✨Prepare for Technical Questions

Expect technical questions related to pricing models and market competitiveness. Brush up on relevant concepts and be prepared to discuss how you would approach pricing analysis and project coordination in this role.

✨Demonstrate Leadership and Coaching Experience

Since the role involves line managing junior team members, be prepared to discuss your experience in training and coaching. Share specific examples of how you've helped others develop their skills and knowledge in pricing analysis.

Principal Pricing Analyst - Digital
Allianz
Location: Guildford
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  • Principal Pricing Analyst - Digital

    Guildford
    Full-Time
    50400 - 72000 £ / year (est.)
  • A

    Allianz

    5000+
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