At a Glance
- Tasks: Lead pricing analysis and collaborate with teams to enhance data processes.
- Company: Join Allianz, a global leader in insurance, committed to innovation and diversity.
- Benefits: Enjoy flexible working, generous study packages, and discounts on insurance products.
- Why this job: Be part of a dynamic team focused on continuous learning and impactful projects.
- Qualifications: Solid knowledge of statistical modelling, machine learning, and experience with large data sources required.
- Other info: Hybrid role based in London or Birmingham with a supportive work culture.
The predicted salary is between 50400 - 72000 £ per year.
Role Description
Allianz have a new opportunity for a Principal Pricing Analyst within our Broker Home Pricing team. This will be a hybrid position based out of our London or Birmingham offices.
Working with the wider Pricing and Data Science team to develop and implement best practices and with the Underwriting and Distribution teams to support delivery of trading objectives.
You\’ll deliver project work and analysis to agreed business timescales, influence and interpret project requirements from Pricing/Trading 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:
- Leading the review of and implementation of risk model updates into live rating– 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.
- Working with Data Enrichment team to obtain and use third-party and internally generated data sources to enhance models.
- Supporting the business in the deployment of its data solution.
- Assisting in coaching and developing other colleagues within the team to ensure constant up-skilling.
- Assisting with BAU including reporting.
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 skills, including communication, expectation management and the ability to convey technical concepts to a non-technical audience.
- Ability to build and maintain relationships throughout both the Pricing Department and the wider business.
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: Charlotte Whalley
If you are an at-risk candidate facing potential redeployment, please include this information in your CV.
We reserve the right to close the ad early if we reach enough applications.
Closing date 12/06/25
#LI-Hybrid
#J-18808-Ljbffr
Principal Pricing Analyst employer: Allianz Popular SL.
Contact Detail:
Allianz Popular SL. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Principal Pricing Analyst
✨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). Being able to discuss these techniques confidently during interviews will demonstrate your expertise and readiness for the role.
✨Tip Number 2
Build a solid understanding of the tools and languages required for the position, such as Python, SQL, and SAS. Consider working on personal projects or contributing to open-source projects that utilise these technologies to showcase your skills and practical experience.
✨Tip Number 3
Network with professionals in the insurance and pricing sectors, especially those who work at Allianz or similar companies. Engaging in conversations about industry trends and challenges can provide valuable insights and may even lead to referrals for the position.
✨Tip Number 4
Prepare to discuss your experience with stakeholder management and how you've effectively communicated complex technical concepts to non-technical audiences. Having specific examples ready will help you stand out as a candidate who can bridge the gap between technical and business teams.
We think you need these skills to ace Principal Pricing Analyst
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to grasp the key responsibilities and essential skills required for the Principal Pricing Analyst position. Tailor your application to highlight how your experience aligns with these requirements.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience with statistical modelling methods, machine learning techniques, and working with large data sources. Provide specific examples of projects where you successfully applied these skills.
Showcase Communication Skills: Since the role involves conveying technical concepts to a non-technical audience, include examples in your application that demonstrate your ability to communicate complex information clearly and effectively.
Personalise Your Application: Address your application to the hiring manager if possible, and express your enthusiasm for the role and the company. Mention any specific aspects of Allianz that resonate with you, such as their commitment to diversity and inclusion or their flexible working options.
How to prepare for a job interview at Allianz Popular SL.
✨Understand the Role
Make sure you have a solid grasp of what a Principal Pricing Analyst does. Familiarise yourself with statistical modelling methods, machine learning techniques, and the specific tools mentioned in the job description, such as Python and SQL.
✨Prepare for Technical Questions
Expect to be asked about your experience with data analysis and modelling. Brush up on your knowledge of GLMs and GBMs, and be ready to discuss how you've applied these in past roles or projects.
✨Showcase Your Communication Skills
Since you'll need to convey technical concepts to non-technical audiences, practice explaining complex ideas in simple terms. Think of examples from your past where you've successfully communicated data insights to stakeholders.
✨Demonstrate Relationship-Building Abilities
The role involves working closely with various teams. Be prepared to discuss how you've built and maintained relationships in previous positions, and how you plan to collaborate effectively within the Pricing Department and beyond.