Principal / Senior Pricing Analyst Talent Pool in Birmingham
Principal / Senior Pricing Analyst Talent Pool

Principal / Senior Pricing Analyst Talent Pool in Birmingham

Birmingham Full-Time 28800 - 48000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead statistical analysis to enhance pricing strategies and improve customer products.
  • Company: Join Allianz, a global leader in insurance with a commitment to innovation.
  • Benefits: Flexible working, competitive salary, performance bonuses, and extensive training opportunities.
  • Why this job: Make a real impact in pricing while developing your skills in a supportive environment.
  • Qualifications: Strong analytical skills and experience in pricing within General Insurance.
  • Other info: Inclusive workplace with flexible options and a focus on work-life balance.

The predicted salary is between 28800 - 48000 £ per year.

We’re hiring Principal and Senior Pricing Analysts to join our Pricing team across multiple UK office locations, including London, Birmingham, Guildford, Manchester, Leeds, and Bournemouth. This is a hybrid role, and this advert is for talent pooling—please apply via the specific job link if your location matches.

In this role, you’ll lead statistical analysis and provide insights to improve pricing and products for our customers and brokers. You’ll also take part in the Global P&C Academy, developing expertise in underwriting, pricing, risk engineering, and claims.

Allianz offers actuarial study support from day one, helping you progress toward IFoA qualification. We’re committed to continuous learning, with access to platforms like DataCamp, Databricks Academy, and LinkedIn Learning, plus regular Lunch & Learn and analyst forums to sharpen your skills.

We have an exciting opportunity for a talented Pricing Analyst to join our growing team at Allianz UK. Depending on your experience, this role can be appointed at either Senior or Principal level. You’ll be part of a dynamic pricing function, contributing to the development of sophisticated pricing models and strategies that drive profitability and support our transformation journey.

Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.

Key Responsibilities

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

  • Assisting in reviewing the expected impact and implementation of risk model updates – continually looking to improve data and processes.
  • Working with different teams and stakeholders to achieve an understanding of their needs, data requirements and expected modelling outcomes.
  • Getting hands-on with data from its source right through to modelling rating changes and then implementation of changes in rating.
  • Analysing data, interpret output and communicate results to a non-technical audience.
  • Regularly review pricing and underwriting monitors, ensuring key points are escalated.
  • With your manager, define, set priority and report on status of project work and rate reviews / analysis to support product and pricing development.
  • Assisting with BAU including reporting.
About You

To be successful in this role, you will bring:

  • Strong analytical and data interpretation skills.
  • Full working knowledge of tools such as Excel, VBA, SAS, Radar, Emblem, Classifier, and MicroStrategy.
  • Experience in Pricing within General Insurance (Personal or Commercial lines).
  • Ability to communicate technical findings to both technical and non-technical audiences.
  • A proactive mindset with a passion for continuous improvement.
  • For Principal level: proven leadership in pricing strategy and model development.
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.

For any inquiries or to submit your application, please contact: Matthew Mckevitt or Charlotte Whalley.

Join us - Let’s Care for Tomorrow.

Principal / Senior Pricing Analyst Talent Pool in Birmingham employer: Allianz Management Services Ltd

Allianz UK is an exceptional employer that prioritises employee growth and development, offering extensive training opportunities through the Global P&C Academy and support for actuarial qualifications. With a flexible working culture, competitive benefits, and a commitment to diversity and inclusion, employees can thrive in a supportive environment while contributing to innovative pricing strategies across multiple UK locations. Join us to be part of a dynamic team that values integrity, fairness, and work-life balance.
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Contact Detail:

Allianz Management Services Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Principal / Senior Pricing Analyst Talent Pool in Birmingham

✨Tip Number 1

Network like a pro! Reach out to current employees at Allianz or in the pricing field on LinkedIn. A friendly chat can give you insider info and maybe even a referral!

✨Tip Number 2

Prepare for interviews by brushing up on your analytical skills. Be ready to discuss how you've tackled data challenges in the past, as this will show you're the right fit for the role.

✨Tip Number 3

Show off your passion for continuous improvement! Think of examples where you've implemented changes that made a difference. This aligns perfectly with Allianz's values.

✨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. Plus, it shows you’re serious about joining our team.

We think you need these skills to ace Principal / Senior Pricing Analyst Talent Pool in Birmingham

Statistical Analysis
Data Interpretation
Excel
VBA
SAS
Radar
Emblem
Classifier
MicroStrategy
Pricing Strategy
General Insurance Knowledge
Communication Skills
Continuous Improvement Mindset
Leadership in Model Development

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Principal/Senior Pricing Analyst role. Highlight your analytical skills and experience with pricing models, as these are key for us. Use specific examples that showcase your expertise in data interpretation and communication.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Share your passion for pricing and how you can contribute to our team. Mention any relevant tools you've used, like Excel or SAS, and how they’ve helped you achieve results in previous roles.

Showcase Continuous Learning: We love candidates who are committed to continuous improvement! Mention any courses or certifications you’ve completed, especially those related to pricing or data analysis. This shows us you're proactive and eager to grow with us.

Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the right location. Plus, it makes the whole process smoother for everyone involved.

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

✨Know Your Numbers

As a Principal or Senior Pricing Analyst, you'll be expected to lead statistical analysis. Brush up on your analytical skills and be ready to discuss specific examples of how you've used data to drive pricing strategies in the past. Familiarise yourself with tools like Excel and SAS, as you might be asked about your experience with them.

✨Communicate Clearly

You'll need to explain complex data findings to non-technical audiences. Practice articulating your thoughts clearly and concisely. Consider preparing a few examples where you've successfully communicated technical information to different stakeholders, showcasing your ability to bridge the gap between data and decision-making.

✨Show Your Proactive Mindset

The role requires a proactive approach to continuous improvement. Think of instances where you've identified inefficiencies or opportunities for enhancement in previous roles. Be ready to share these examples during the interview to demonstrate your commitment to driving positive change.

✨Understand the Company Culture

Allianz values integrity, fairness, and inclusion. Research their company culture and think about how your personal values align with theirs. Prepare to discuss how you can contribute to fostering an inclusive environment, as this will show that you're not just a fit for the role, but also for the company.

Principal / Senior Pricing Analyst Talent Pool in Birmingham
Allianz Management Services Ltd
Location: Birmingham
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