At a Glance
- Tasks: Lead pricing strategies and manage a team to optimise motor insurance products.
- Company: Join Allianz, a leader in the insurance industry with a focus on innovation.
- Benefits: Enjoy flexible working, performance bonuses, and discounts on insurance products.
- Why this job: Shape the future of motor pricing while making a real impact in a dynamic environment.
- Qualifications: Expertise in pricing, strong stakeholder management, and experience with risk models.
- Other info: Inclusive workplace committed to flexibility and supporting diverse candidates.
The predicted salary is between 36000 - 60000 £ per year.
Allianz Personal are looking for a Pricing Manager to join our Retail Team. We’re seeking a true expert who will take the responsibility for delivering the financial targets of our Motor products being distributed via our Partnerships network.
Location: Birmingham, England, United Kingdom
About the Role
Based in our London or Birmingham offices on a hybrid basis, you’ll work closely with the wider Pricing team to help us shape the future path of Pricing by integrating our models into customer rating and accurately managing the insurance risk of the business we write. The role sits within the Retail Pricing Portfolio team and involves managing a team of analysts, as well as forming relationships across numerous teams and departments within both AZP and Allianz Group.
Responsibilities
- Deputising for the relevant Head of Partnerships Pricing, and contributing to the product underwriting strategy.
- Defining and delivering pricing analysis projects to improve underwriting performance whilst supporting GWP targets through competitive product/price positioning.
- Involved in the tendering and onboarding of new partners, as well as developing and improving the performance on existing partners.
- Inputting into product development, by primarily identifying innovative underwriting segmentation improvements to support volume growth and profitability ambitions.
- Establishing a robust rate relativity review process to optimise the conversion and profitability of individual risk segments within the portfolio.
- Reviewing overall product and individual scheme profitability, providing necessary pricing input into the budget planning process for existing lines, and the evaluation of new schemes or partnership bids.
Essential Skills
- Solid pricing portfolio expertise with experience in challenging the status quo to introduce innovation.
- Experience within pricing and delivering the financial targets using Risk Premium models from other teams, coupled with commercial awareness of the Motor market.
- Previous exposure to the use of Radar, Databricks and Machine Learning models or transferable equivalents in an insurance setting.
- Experience of managing and mentoring junior team members, as well as being a role model.
- Strong stakeholder management skills, with the ability to build and maintain effective relationships across pricing teams and other business functions.
Desirable Skills
- Ideally, you’ll have previous experience with the Motor insurance product, however we’ll consider candidates from other backgrounds such as Home or other types of Motor insurance.
- Prior experience or strong awareness of Pricing Optimisation techniques and how it can impact on best rates to go to market.
What We Will Offer You
- 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
Let us know if you need flexibility with the hours you work; we’ll do everything we can to make it happen. Allianz is signatory to the ABIs flexible working charter and supports hybrid work patterns to balance customer needs with personal circumstances.
Integrity, Fairness, Inclusion & Trust
Allianz is committed to an inclusive workforce and is proud to be an equal opportunity employer. We embrace neurodiversity and welcome applications from neurodivergent and disabled candidates, offering tailored adjustments to ensure your success.
Accessible Application for All
Through the Disability Confident Scheme and Offer an Interview Scheme, we support candidates with disabilities or long‑term health conditions by offering an interview and accessible application options.
Contact our Resourcing team: hr-recruitment@allianz.co.uk. The closing date is 09/01/26. We reserve the right to close the advert early if we reach enough applications.
Motor Pricing Manager in Birmingham employer: Allianz UK
Contact Detail:
Allianz UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Motor Pricing Manager in Birmingham
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even hit up LinkedIn. The more you engage with others, the better your chances of hearing about job openings before they’re even advertised.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back! Share specific examples of how you’ve tackled challenges in pricing or managed teams. This is your moment to shine and show them why you’re the perfect fit for the role.
✨Tailor Your Approach
Every company is different, so make sure you tailor your conversations to align with their values and goals. Research Allianz and their approach to pricing, and weave that into your discussions to demonstrate your genuine interest.
✨Apply Through Our Website
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 at Allianz.
We think you need these skills to ace Motor Pricing Manager in Birmingham
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the Motor Pricing Manager role. Highlight your experience with pricing models and any relevant projects you've worked on. We want to see how you can bring your expertise to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your passion for pricing and how you can contribute to our financial targets. Let us know what makes you tick!
Showcase Your Team Management Skills: Since this role involves managing a team, be sure to highlight your experience in mentoring and leading others. Share examples of how you've successfully guided junior team members in the past. We love a good leadership story!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to keep track of your application and ensure it gets the attention it deserves. Don’t miss out on this opportunity!
How to prepare for a job interview at Allianz UK
✨Know Your Numbers
As a Motor Pricing Manager, you'll need to demonstrate your expertise in pricing models and financial targets. Brush up on key metrics related to motor insurance and be ready to discuss how you've used data to drive decisions in previous roles.
✨Showcase Your Leadership Skills
Since the role involves managing a team of analysts, be prepared to share examples of how you've mentored junior team members. Highlight your leadership style and any successful projects where you led a team to achieve specific goals.
✨Understand the Market Landscape
Familiarise yourself with current trends in the motor insurance market. Be ready to discuss how you would approach pricing strategies in response to market changes and how you can leverage partnerships to enhance product offerings.
✨Build Relationships
Stakeholder management is key in this role. Think of examples where you've successfully built relationships across teams. Prepare to discuss how you would collaborate with other departments to optimise pricing strategies and improve underwriting performance.