At a Glance
- Tasks: Join our team as a Principal Pricing Analyst, working on data analysis and statistical modelling.
- Company: Allianz is a leading global insurance brand committed to innovation and diversity.
- Benefits: Enjoy flexible working options, generous study packages, and access to top training platforms.
- Why this job: Enhance your skills while making an impact in a supportive and inclusive environment.
- Qualifications: Solid knowledge of statistical methods, experience with large data sources, and coding skills required.
- Other info: We support diverse candidates and offer tailored adjustments for success.
The predicted salary is between 52500 - 63000 £ per year.
Allianz have a new opportunity for a Principal Pricing Analyst to join our Motor Technical Pricing team in London on a hybrid basis. You’ll be working with the wider Pricing team and Data Science team to develop and implement best practices. You'll deliver project work and analysis to agreed business timescales, influence and interpret project requirements from Pricing meetings and document important decisions and challenges from the senior stakeholders. In addition to this you will build and maintain relationships with teams involved in the Pricing end-to-end delivery process and across the company.
You’ll participate in the Global P&C Academy accreditation, enhancing your skills in underwriting, risk engineering, pricing, and claims management while exchanging best practices across the Allianz Group. Furthermore, for pricing-based roles, Allianz Insurance offers a generous study package to enable the actuarial qualification to be obtained through the Institute and Faculty of Actuaries in the UK. 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 £63,000 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
As the Principal Pricing Analyst, you will be responsible for:
- Assisting in planning and carrying out 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 and then implementation in rating.
- Analysing data, interpreting output and communicating results to a non-technical audience.
- Building and testing Statistical models and machine learning algorithms.
- 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:
- 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 Willis Towers Watson software such as Radar and Emblem.
- Good stakeholder management skills, including communication, expectation management and the ability to convey technical concepts to a non-technical audience.
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
- Annual performance related bonus
- Contributory pension scheme
- A discount up to 50% on a range of insurance products including car, home and pet
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 ad early if we reach enough applications. Closing Date: 24/06/25.
Principal Pricing Analyst - Motor Technical Pricing employer: Allianz Management Services Ltd
Contact Detail:
Allianz Management Services Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Principal Pricing Analyst - Motor Technical Pricing
✨Tip Number 1
Familiarise yourself with the specific statistical modelling methods mentioned in the job description, particularly Generalised Linear Models (GLMs) and Gradient Boosting Machines (GBMs). This knowledge will not only help you during interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with current or former employees of Allianz, especially those in pricing or data science roles. Engaging in conversations about their experiences can provide valuable insights and potentially give you a referral, which can significantly boost your chances of landing the job.
✨Tip Number 3
Prepare to discuss your experience with large data sources and relevant coding languages like Python, SQL, and SAS. Be ready to share specific examples of how you've used these skills in past projects, as this will showcase your practical knowledge and problem-solving abilities.
✨Tip Number 4
Highlight your stakeholder management skills during any discussions or interviews. Be prepared to explain how you've effectively communicated complex technical concepts to non-technical audiences, as this is crucial for the Principal Pricing Analyst role.
We think you need these skills to ace Principal Pricing Analyst - Motor Technical Pricing
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the job description. Focus on your knowledge of statistical modelling methods, machine learning techniques, and any experience with large data sources.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific projects or experiences that demonstrate your ability to work with stakeholders and communicate technical concepts to non-technical audiences.
Showcase Continuous Learning: Emphasise your commitment to continuous learning in your application. Mention any relevant courses or certifications you have completed, especially those related to data analysis, statistical modelling, or programming languages like Python and SQL.
Highlight Team Collaboration: Discuss your experience working in teams and how you have contributed to achieving common goals. This is particularly important as the role involves building relationships across various teams within the company.
How to prepare for a job interview at Allianz Management Services Ltd
✨Understand the Role
Make sure you have a solid grasp of what a Principal Pricing Analyst does, especially in the context of motor technical pricing. Familiarise yourself with statistical modelling methods like GLMs and machine learning techniques such as GBMs, as these are crucial for the role.
✨Showcase Your Technical Skills
Be prepared to discuss your experience with data analysis tools and programming languages mentioned in the job description, such as Python, SQL, and SAS. Highlight any relevant projects where you've successfully applied these skills.
✨Communicate Effectively
Since you'll need to convey technical concepts to non-technical stakeholders, practice explaining complex ideas in simple terms. This will demonstrate your ability to bridge the gap between technical and non-technical teams.
✨Prepare Questions
Have thoughtful questions ready about the team dynamics, ongoing projects, and how success is measured in the role. This shows your genuine interest in the position and helps you assess if it's the right fit for you.