At a Glance
- Tasks: Develop advanced pricing models and strategies to optimise product offerings.
- Company: Join Allianz, a leading global insurance brand with a focus on innovation.
- Benefits: Enjoy flexible working, competitive salary, and access to top training platforms.
- Why this job: Make a real impact in pricing strategies while enhancing your skills in a supportive environment.
- Qualifications: Experience in statistical modelling, data analysis, and coding languages like Python and SQL.
- Other info: Diversity and inclusion are at our core; we welcome all applicants.
The predicted salary is between 42000 - 58000 £ per year.
Allianz are currently seeking a highly skilled Senior Pricing Analyst to join their Home Technical Pricing team and contribute to our success by developing sophisticated pricing models and strategies. This role will be hybrid from our offices in either Birmingham, Bournemouth or London.
The Senior Pricing Analyst in our Home Technical Pricing Team will be responsible for building and implementing advanced pricing models to optimize our product offerings and enhance profitability.
You’ll participate in the Allianz Global P&C Academy, enhancing your skills in underwriting, risk engineering, pricing, and claims management while exchanging best practices across the Allianz Group. Allianz Insurance supports professional qualifications, such as IFoA and CII, where considered appropriate for the business and the individual.
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 £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 design of modelling plans, data preparation, creation of models and overlaying wider techniques (e.g. credibility).
- Contributing to the development of pricing structures and strategies to achieve growth and profitability objectives.
- 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, SAS, Databricks or similar coding languages.
- Experience of WTW’s Radar and Emblem.
- Good understanding of the various elements of a Technical Price, including business expenses, other costs and actuarial/inflation assumptions.
- 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.
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 10/02/26.
Join us - Let’s Care for Tomorrow.
Senior Technical Pricing Analyst in Bournemouth employer: Allianz Management Services Ltd
Contact Detail:
Allianz Management Services Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Technical Pricing Analyst in Bournemouth
✨Tip Number 1
Network like a pro! Reach out to current employees at Allianz on LinkedIn or through mutual connections. Ask them about their experiences and any tips they might have for landing the Senior Technical Pricing Analyst role.
✨Tip Number 2
Prepare for the interview by brushing up on your statistical modelling methods and machine learning techniques. Be ready to discuss how you've used these skills in past roles, especially with large data sources.
✨Tip Number 3
Showcase your communication skills! Practice explaining complex technical concepts in simple terms. This will help you connect with non-technical stakeholders during the interview.
✨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 the Allianz team.
We think you need these skills to ace Senior Technical Pricing Analyst in Bournemouth
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 coding skills like Python or SQL. We want to see how your background aligns 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 analysis and how you can contribute to our team. Don’t forget to mention any innovative projects you've worked on that relate to pricing strategies.
Showcase Your Skills: In your application, be sure to showcase your knowledge of GLMs and GBMs, as well as your experience with large data sources. We love candidates who can communicate complex concepts clearly, so include examples of how you've done this in the past.
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 get all the updates about your application status. Plus, it’s super easy!
How to prepare for a job interview at Allianz Management Services Ltd
✨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 roles, as this will show your technical prowess and understanding of the pricing landscape.
✨Data is Key
Familiarise yourself with handling large data sources and tools like Python, SQL, and SAS. During the interview, be prepared to share specific examples of how you've used these tools to develop pricing models or strategies. This will demonstrate your hands-on experience and problem-solving skills.
✨Communicate Clearly
Since you'll need to convey complex technical concepts to non-technical stakeholders, practice explaining your past projects in simple terms. Use analogies or straightforward language to ensure clarity. This will highlight your communication skills and ability to collaborate effectively within teams.
✨Show Your Enthusiasm for Learning
Allianz values continuous learning, so express your eagerness to participate in training opportunities like the Allianz Global P&C Academy. Mention any relevant courses or certifications you're pursuing, as this shows your commitment to professional growth and aligns with their culture of development.