At a Glance
- Tasks: Analyse pricing data and develop innovative rating proposals for our motor portfolio.
- Company: Join Allianz UK, a leading insurance brand with a focus on growth and innovation.
- Benefits: Enjoy flexible working, competitive salary, and access to global training resources.
- Other info: Embrace a culture of inclusion and flexibility, with opportunities for career advancement.
- Why this job: Make an impact in a dynamic team while developing your skills in a supportive environment.
- Qualifications: Experience with data analysis tools like Python, SQL, and statistical modelling techniques.
The predicted salary is between 43200 - 72000 £ per year.
We have a new opportunity for a Principal Pricing Analyst to join our Standard Motor Risk Selection team in London on a hybrid basis. This role has been created to support the growth ambitions for our broker motor portfolio, standard car and van. You will use your insurance market knowledge and pricing expertise to develop and implement rating proposals that enable us to deliver on our business objectives. We work closely with the wider Broker business to manage our Trading performance and with our Technical Excellence Pricing colleagues, so building and maintaining strong relationships is key to us achieving our goals.
Be part of a team that’s driving innovation! 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 DataCamp, Databricks Academy, and LinkedIn Learning, plus gain insider knowledge through expert-led insight sessions that sharpen both your technical edge and commercial impact.
Salary Information
Pay: Circa £60,000 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:
- Carrying out and supporting the team to deliver pricing analysis.
- Coordinating the delivery of technical projects to improve underwriting performance against common technical modelling standards and adherence to data controls.
- Defining, setting priority and reporting on status of project work and rate reviews/analysis to support product and pricing development.
- Supporting manager in Pricing meetings through presenting and contributing to outcomes.
- Assisting in coaching and developing other colleagues within the team to ensure constant up-skilling.
Essential Skills
We don’t expect you to know everything from day one, but the following will enable you to hit the ground running:
- Proven experience in working with large data sources and a good command of Python, SQL, SAS, Databricks or similar coding languages.
- Experience of Willis Towers Watson Radar software.
- Good understanding of the various elements of the price we set, and how we can optimise this to deliver business targets.
- Good stakeholder management skills, including communication, expectation management and the ability to convey technical concepts to a non-technical audience.
- Knowledge of relevant statistical modelling methods and machine learning techniques.
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. Closing date 09/01/26. We reserve the right to close the advert early if we reach enough applications.
Principal Pricing Analyst employer: Allianz Management Services Ltd
Allianz is an excellent employer, offering a supportive work culture that prioritises employee development and well-being. With a hybrid working pattern and the provision of a company car, employees enjoy flexibility while engaging in meaningful work that impacts various industries across the UK, including Banbury. The comprehensive induction programme and ongoing training opportunities ensure that team members can grow their skills and advance their careers within a dynamic environment.
Contact Details:
Allianz Management Services Ltd Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Principal Pricing Analyst
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We think you need these skills to ace Principal Pricing Analyst
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