At a Glance
- Tasks: Enhance pricing models and support innovation in one of the UK's largest insurance portfolios.
- Company: Allianz Commercial, a diverse and inclusive employer committed to growth.
- Benefits: Competitive salary, flexible working, training opportunities, and discounts on insurance products.
- Other info: Flexible working options and a commitment to diversity and inclusion.
- Why this job: Join a team transforming motor pricing and make a real impact in the insurance industry.
- Qualifications: Experience in statistical modelling, data analysis, and strong communication skills.
The predicted salary is between 47500 - 52500 £ per year.
This job is with Allianz Commercial, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community.
Be part of the team transforming the future of Motor Technical Pricing. As a Senior Technical Pricing Analyst, you'll play a key role in enhancing the models and methodology that shape one of the UK's largest insurance portfolios - supporting innovation, improving pricing capability, and sharing knowledge across the Pricing team.
At Allianz UK, your growth is our priority. From global training through the P&C Academy to actuarial study support, we equip you with the tools to thrive. You'll unlock premium access to platforms like Data Camp, Databricks Academy, and LinkedIn Learning, plus gain insider knowledge through expert-led insight sessions that sharpen both your technical edge and commercial impact.
This role is offered on a hybrid basis from any of our UK offices in London, Bournemouth, Birmingham, Bristol, Manchester, or Guildford - providing flexibility while supporting a balanced and collaborative working environment. There's also the option to work from our other offices throughout the UK.
Salary Information
Pay: Circa £50,000 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:
- Playing a major role in the development and enhancement of our pricing models, including data preparation, creation of models and overlaying wider techniques (e.g. credibility).
- Be involved in back testing and analysis of the impact of the models to propose necessary adjustments to the price.
- Confidently planning and managing your own projects and ensuring our technical deliveries are robust with clear communication to stakeholders.
- Contributing to innovation and increased sophistication in our Pricing approach, including supporting projects to provide new insight through additional data sources.
- Sharing and promoting knowledge, skills and best working practices within the team.
Essential Skills
We don't expect you to know everything from day one, but the following will enable you to hit the ground running:
- Solid knowledge of relevant statistical modelling methods - in particular GLMs.
- Knowledge of relevant machine learning techniques - in particular GBMs.
- Proven experience in working with large data sources.
- Good command of Advanced Excel, Python, SQL, Databricks or similar coding languages.
- Experience of WTW's Radar and Emblem.
- Good understanding of all elements of technical pricing.
- Good stakeholder management and communication skills, including the ability to convey technical concepts to a non-technical audience.
- Ability to build and maintain relationships throughout the Pricing Department.
Desirable Skills
Responsible Artificial Intelligence usage.
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: Matthew Mckevitt.
We reserve the right to close the advert early if we reach enough applications.
Closing date 24/04/26.
Senior Technical Pricing Analyst employer: Allianz Commercial
Allianz Commercial is an excellent employer, offering a dynamic work environment in the heart of London and Toronto. With a strong focus on employee growth, you will benefit from a hybrid working model, competitive salary, and comprehensive benefits, all while being part of a collaborative culture that values innovation and excellence in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Technical Pricing Analyst
✨Tip Number 1
Network like a pro! Reach out to current employees at Allianz or in the insurance industry on LinkedIn. Ask them about their experiences and any tips they might have for landing a role like the Senior Technical Pricing Analyst.
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Make sure you can confidently discuss statistical modelling methods and machine learning techniques, as these will be key topics during your chat with the hiring team.
✨Tip Number 3
Showcase your project management skills! Be ready to share examples of how you've successfully managed projects in the past, especially those that involved stakeholder communication and technical deliveries.
✨Tip Number 4
Don’t forget to highlight your passion for innovation! Allianz is looking for someone who can contribute to new insights and sophisticated pricing approaches, so come prepared with ideas on how you can add value to their team.
We think you need these skills to ace Senior Technical Pricing Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Technical Pricing Analyst role. Highlight your experience with statistical modelling methods and any relevant projects you've worked on. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about pricing and how you can contribute to our team. Don't forget to mention your experience with data sources and stakeholder management – we love a good story!
Show Off Your Skills:In your application, be sure to showcase your technical skills, especially in Python, SQL, and any machine learning techniques you know. We’re keen to see how you can bring innovation to our pricing models, so let us know what you’ve got!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at Allianz Commercial
✨Know Your Models
Make sure you brush up on your knowledge of statistical modelling methods, especially Generalised Linear Models (GLMs) and Gradient Boosting Machines (GBMs). Be ready to discuss how you've applied these techniques in past projects, as this will show your technical prowess and relevance to the role.
✨Showcase Your Data Skills
Prepare to talk about your experience with large data sources and coding languages like Python and SQL. Bring examples of how you've used these tools to enhance pricing models or conduct back testing. This will demonstrate your hands-on experience and ability to contribute from day one.
✨Communicate Clearly
Since you'll need to convey complex technical concepts to non-technical stakeholders, practice explaining your work in simple terms. Think of a few scenarios where you've successfully communicated intricate ideas and be ready to share them during the interview.
✨Emphasise Collaboration
Allianz values teamwork, so be prepared to discuss how you've collaborated with others in previous roles. Highlight any experiences where you shared knowledge or best practices within a team, as this aligns with their focus on innovation and collective growth.