At a Glance
- Tasks: Lead pricing strategies and manage a team to optimise motor insurance products.
- Company: Join Allianz, the world's number one insurance brand with a focus on innovation.
- Benefits: Enjoy flexible working, competitive salary, and a range of employee benefits.
- Why this job: Make a real impact in the insurance industry while developing your career.
- Qualifications: Experience in pricing and strong stakeholder management skills required.
- Other info: Inclusive workplace with opportunities for personal and professional growth.
The predicted salary is between 36000 - 60000 £ per year.
Allianz Personal are looking for a Pricing Manager to join our Retail Team. We are seeking a true expert who will take the responsibility for delivering the financial targets of our Motor products being distributed via our Partnerships network. Based in our London or Birmingham offices on a hybrid basis, you will work closely with the wider Pricing team to help us shape the future path of Pricing by integrating our models into customer rating and accurately manage the insurance risk of the business we write. The role sits within the Retail Pricing Portfolio team, and involves managing a team of analysts, as well as forming relationships across numerous teams and departments within both AZP and Allianz Group.
About You
Your role will vary day to day, but here is a bit of what you can expect:
- Deputising for the relevant Head of Partnerships Pricing, and contributing to the product underwriting strategy.
- Defining and delivering pricing analysis projects to improve underwriting performance whilst supporting GWP targets through competitive product / price positioning.
- Involved in the tendering and onboarding of new partners, as well as developing and improving the performance on existing partners.
- Inputting into product development, by primarily identifying innovative underwriting segmentation improvements to support volume growth and profitability ambitions.
- Establishing a robust rate relativity review process to optimise the conversion and profitability of individual risk segments within the portfolio.
- Reviewing overall product and individual scheme profitability, providing necessary pricing input into the budget planning process for existing lines, and the evaluation of new schemes or partnership bids.
Essential Skills
- Solid pricing portfolio expertise with experience in challenging the status quo to introduce innovation.
- Experience within pricing and delivering the financial targets using Risk Premium models from other teams, coupled with commercial awareness of the Motor market.
- Previous exposure to the use of Radar, Databricks and Machine Learning models or transferable equivalents in an insurance setting.
- Experience of managing and mentoring junior team members, as well as being a role model.
- Strong stakeholder management skills, with the ability to build and maintain effective relationships across pricing teams and other business functions.
Desirable Skills
- Ideally, you will have previous experience with the Motor insurance product, however we will consider candidates from other backgrounds such as Home or other types of Motor insurance.
- Prior experience or strong awareness of Pricing Optimisation techniques and how it can impact on best rates to go to market.
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 & Trust
At Allianz, we believe in fostering an inclusive workforce and are proud to be an equal opportunity employer. Our commitment to equal opportunities, gender equity, and balanced gender representation, is 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. Hr-recruitment@allianz.co.uk
For any inquiries or to submit your application, please contact: Matthew Mckevitt
Closing date 09 / 01 / 26. We reserve the right to close the advert early if we reach enough applications.
Motor Pricing Manager in Birmingham employer: Allianz Management Services Ltd
Contact Detail:
Allianz Management Services Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Motor Pricing Manager in Birmingham
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Allianz or similar companies. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by knowing your stuff! Brush up on pricing strategies and the latest trends in the motor insurance market. Show them you’re not just a candidate, but a future asset.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email. It shows your enthusiasm and keeps you fresh in their minds.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of the Allianz family.
We think you need these skills to ace Motor Pricing Manager in Birmingham
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Motor Pricing Manager role. Highlight your relevant experience in pricing, risk management, and any tools like Radar or Databricks that you've used. 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 the perfect fit for our team. Mention specific projects or achievements that demonstrate your expertise in pricing and stakeholder management. Let us know why you’re excited about this opportunity!
Showcase Your Team Management Skills: Since this role involves managing a team, be sure to highlight your experience in mentoring and leading others. Share examples of how you've supported junior team members and contributed to their development. We love seeing candidates who can inspire and guide others!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy to do!
How to prepare for a job interview at Allianz Management Services Ltd
✨Know Your Numbers
As a Motor Pricing Manager, you'll need to demonstrate your expertise in pricing models and financial targets. Brush up on key metrics and be ready to discuss how you've used data to drive decisions in previous roles.
✨Showcase Your Leadership Skills
Since the role involves managing a team of analysts, be prepared to share examples of how you've mentored or led teams in the past. Highlight your ability to foster collaboration and build relationships across departments.
✨Understand the Market Landscape
Familiarise yourself with current trends in the motor insurance market. Be ready to discuss how you would approach pricing strategies in response to market changes and competitor actions.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills. Think about potential challenges in pricing and how you would tackle them. Use specific examples from your experience to illustrate your thought process.