At a Glance
- Tasks: Develop and implement pricing strategies to optimise market competitiveness and profitability.
- Company: Join Allianz Commercial, a leading inclusive employer supporting the LGBTQ+ community.
- Benefits: Flexible working options, competitive salary, annual bonus, and extensive career development opportunities.
- Other info: Hybrid role based in Guildford with global career opportunities across Allianz Group.
- Why this job: Make a real impact in the insurance industry while enjoying a supportive and innovative work environment.
- Qualifications: Strong analytical skills and experience with pricing models; coaching junior team members is a plus.
The predicted salary is between 60000 - 80000 £ 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.
An excellent opportunity has arisen for a Principal Mid-Corp Pricing Analyst to join our Mid Corp team and contribute to our success by developing sophisticated pricing models and strategies. The Principal Mid-Corp Pricing Analyst will be responsible for developing and implementing pricing strategies that optimise 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. This will be a hybrid position based out of our Guildford Office.
About You
As the Principal Mid-Corp Pricing Analyst, your responsibilities are to:
- Carry out and support the team to deliver pricing analysis
- Coordinate the delivery of technical projects to improve underwriting performance against common technical modelling standards and adherence to data controls
- With your manager, define, set priority and report on status of project work and rate reviews/analysis to support product and pricing development
- Oversight of pricing and underwriting monitors, ensuring key points are raised to the wider business
- Support manager in Pricing meetings through presenting and contributing to outcomes
- Project manage junior members of the Pricing team or coach them to develop their expertise/knowledge
- Keep abreast of developments in the Company and wider UK insurance market
- When required, to deputise for Senior Manager and contribute to pricing strategy
- Undertake and support analysis to optimise our market pricing
Essential Skills
- 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.
- 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
- 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. Integrity, Fairness, Inclusion.
Principal Pricing Analyst in Surrey employer: Allianz Commercial
Allianz Commercial is an exceptional employer that champions inclusivity and offers a supportive work culture, particularly for the LGBTQ+ community. With a focus on employee growth, we provide extensive career development opportunities, flexible working arrangements, and a comprehensive benefits package that includes generous holiday options and discounts on insurance products. Our Guildford office fosters collaboration and innovation, making it an ideal environment for professionals looking to make a meaningful impact in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Principal Pricing Analyst in Surrey
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Allianz. A friendly chat can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by practising common questions related to pricing analysis. We recommend using real-world examples from your experience to showcase your skills.
✨Tip Number 3
Showcase your analytical skills! Bring along a portfolio of your past work or case studies that demonstrate your ability to develop pricing strategies and models.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people and shows you’re serious about joining Allianz.
We think you need these skills to ace Principal Pricing Analyst in Surrey
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Principal Pricing Analyst role. Highlight your experience with pricing models and market analysis, as these are key to what we’re looking for. Show us how your skills align with our needs!
Showcase Your Analytical Skills:We love data-driven decision-making! In your application, emphasise your analytical abilities and any tools you’ve used, like MS Excel or SAS. Give us examples of how you've used these skills to drive results in previous roles.
Communicate Clearly:Remember, we want to see how well you can communicate complex ideas. Use clear and concise language in your application. If you can explain your findings to both technical and non-technical audiences, that’s a big plus for us!
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team at Allianz!
How to prepare for a job interview at Allianz Commercial
✨Know Your Numbers
As a Principal Pricing Analyst, you'll be expected to have a strong grasp of pricing models and market analyses. Brush up on your analytical skills and be ready to discuss specific examples of how you've used data to influence pricing strategies in the past.
✨Showcase Your Collaboration Skills
This role involves working with cross-functional teams, so be prepared to share experiences where you've successfully collaborated with others. Highlight how you communicated complex data findings to both technical and non-technical audiences.
✨Familiarise Yourself with Tools
Make sure you're well-versed in the tools mentioned in the job description, like MS Excel, VBA, and SAS. If you have experience with Willis Towers Watson Emblem or similar software, be ready to discuss how you've used these tools to optimise pricing.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities. Think of scenarios where you've had to manage projects or coach junior team members. Be ready to explain your approach and the outcomes, as this will demonstrate your leadership potential.
