Principal Pricing Analyst - Retail Motor Portfolio Pricing
Principal Pricing Analyst - Retail Motor Portfolio Pricing

Principal Pricing Analyst - Retail Motor Portfolio Pricing

London Full-Time 52000 - 78000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our team as a Principal Pricing Analyst, driving innovation in motor insurance pricing.
  • Company: Allianz is the world's leading insurance brand, committed to diversity and inclusion.
  • Benefits: Enjoy flexible working, generous study packages, and discounts on insurance products.
  • Why this job: This role offers continuous learning opportunities and the chance to make a real impact.
  • Qualifications: Experience with large data sources and proficiency in Python, SQL, or SAS is essential.
  • Other info: We support hybrid work patterns and welcome applications from neurodivergent candidates.

The predicted salary is between 52000 - 78000 £ per year.

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Client:

Location:

London, United Kingdom

Job Category:

Other

EU work permit required:

Yes

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Job Reference:

6b6f8bb21639

Job Views:

11

Posted:

22.06.2025

Expiry Date:

06.08.2025

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Job Description:

We have a new opportunity for a Principal Pricing Analyst to join our Retail Motor Portfolio Pricing team in London on a hybrid basis. As motor is our largest product, this role offers the opportunity to drive innovation that adds significant value to the business.

You will use your insurance market knowledge and pricing expertise to develop and implement optimisation strategies that enable us to deliver on our business objectives. We work closely with the wider Retail business to manage our Trading performance and with our Technical Excellence Pricing colleagues, so building and maintaining strong relationships is key to us achieving our goals.

You\’ll 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, 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 £65,000 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

Your role will vary day to day, but here is a bit of what you can expect:

  • Carrying out and support 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
  • Defining, setting priority and reporting on status of project work and rate reviews / analysis to support product and pricing development
  • Supporting manager in Pricing meetings through presenting and contributing to outcomes
  • Assisting in coaching and developing other colleagues within the team to ensure constant up-skilling.

Essential Skills We don\’t expect you to know everything from day one, but the following will enable you to hit the ground running:

  • Proven experience in working with large data sources and a good command of Python, SQL, SAS or similar coding languages
  • Experience of Willis Towers Watson software suite mainly focused on Radar and Emblem
  • Good understanding of the various elements of the price we set, and how we can optimise this to deliver business targets
  • Good stakeholder management skills, including communication, expectation management and the ability to convey technical concepts to a non-technical audience
  • Knowledge of relevant statistical modelling methods and machine learning techniques

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
  • Annual performance related bonus
  • Contributory pension scheme
  • A discount up to 50% on a range of insurance products including car, home and pet

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.

[emailprotected] For any inquiries or to submit your application, please contact: Matthew Mckevitt
We reserve the right to close the ad early if we reach enough applications.

Closing Date: 24 /06/25

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Principal Pricing Analyst - Retail Motor Portfolio Pricing employer: Allianz Management Services Ltd

Allianz is an exceptional employer, offering a dynamic work environment in London where innovation and collaboration thrive. With a strong focus on employee development, you will have access to extensive training resources, flexible working options, and a supportive culture that values diversity and inclusion. Join us to not only advance your career but also to contribute to meaningful projects within the world's leading insurance brand.
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Contact Detail:

Allianz Management Services Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Principal Pricing Analyst - Retail Motor Portfolio Pricing

✨Tip Number 1

Familiarise yourself with the latest trends in motor insurance pricing. Understanding current market dynamics and competitor strategies can give you an edge in discussions during interviews.

✨Tip Number 2

Network with professionals in the insurance industry, especially those who work in pricing roles. Attend relevant events or webinars to build connections that could lead to valuable insights or referrals.

✨Tip Number 3

Brush up on your technical skills, particularly in Python, SQL, and statistical modelling methods. Being able to demonstrate your proficiency in these areas during conversations can set you apart from other candidates.

✨Tip Number 4

Prepare to discuss how you've successfully managed stakeholder relationships in the past. Highlighting your communication skills and ability to convey complex concepts to non-technical audiences will resonate well with the hiring team.

We think you need these skills to ace Principal Pricing Analyst - Retail Motor Portfolio Pricing

Proven experience in working with large data sources
Strong command of Python, SQL, SAS or similar coding languages
Experience with Willis Towers Watson software suite, particularly Radar and Emblem
Understanding of pricing optimisation strategies
Good stakeholder management skills
Ability to communicate technical concepts to a non-technical audience
Knowledge of statistical modelling methods
Familiarity with machine learning techniques
Project management skills
Coaching and mentoring abilities
Analytical thinking
Attention to detail
Adaptability to changing business needs

Some tips for your application 🫡

Understand the Role: Read the job description thoroughly to grasp the key responsibilities and required skills. Tailor your application to highlight how your experience aligns with the role of Principal Pricing Analyst.

Highlight Relevant Experience: Emphasise your experience with large data sources and coding languages like Python, SQL, or SAS. Provide specific examples of how you've used these skills in previous roles to drive pricing strategies or improve performance.

Showcase Stakeholder Management Skills: Demonstrate your ability to communicate complex technical concepts to non-technical audiences. Include examples of successful stakeholder management and collaboration in your application.

Express Your Commitment to Continuous Learning: Mention any relevant training or certifications you have pursued, especially in statistical modelling or machine learning techniques. Highlight your enthusiasm for ongoing professional development, as this aligns with the company's values.

How to prepare for a job interview at Allianz Management Services Ltd

✨Showcase Your Data Skills

As a Principal Pricing Analyst, you'll be working with large data sources. Be prepared to discuss your experience with Python, SQL, or SAS. Bring examples of how you've used these tools in past roles to solve problems or optimise pricing strategies.

✨Understand the Insurance Market

Demonstrate your knowledge of the insurance market and pricing strategies during the interview. Research current trends and challenges in the retail motor portfolio sector, and be ready to share your insights on how they could impact the company's pricing approach.

✨Emphasise Stakeholder Management

Strong stakeholder management skills are crucial for this role. Prepare to discuss how you've effectively communicated complex technical concepts to non-technical audiences in previous positions. Highlight any experiences where you successfully managed expectations and built relationships.

✨Prepare for Technical Questions

Expect questions related to statistical modelling methods and machine learning techniques. Brush up on relevant concepts and be ready to explain how you've applied them in your work. This will show your depth of knowledge and readiness for the role.

Principal Pricing Analyst - Retail Motor Portfolio Pricing
Allianz Management Services Ltd
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