At a Glance
- Tasks: Develop and implement pricing strategies to optimise market competitiveness and profitability.
- Company: Join Allianz, a leader in the insurance industry with a commitment to inclusivity.
- Benefits: Enjoy flexible holiday options, hybrid working, and discounts on insurance products.
- Other info: Opportunity for career growth and coaching junior team members.
- Why this job: Make a real impact by shaping pricing strategies in a dynamic environment.
- Qualifications: Strong analytical skills and experience with pricing models and data interpretation.
The predicted salary is between 60000 - 75000 £ per year.
An excellent opportunity has arisen for a Principal Mid-Corp Pricing Analyst to join our Mid Corp team and contribute to our success by developing sophisticated pricing models and strategies. The Principal Mid-Corp Pricing Analyst will be responsible for developing and implementing pricing strategies that optimise market competitiveness and profitability. This role involves conducting comprehensive market analyses, evaluating pricing models, and collaborating with cross‑functional teams to ensure pricing aligns with business objectives and customer needs. This will be a hybrid position based out of our Guildford Office.
Salary Information
Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.
Responsibilities
- Carry out and support the team to deliver pricing analysis.
- Coordinate the delivery of technical projects to improve underwriting performance against common technical modelling standards and adherence to data controls.
- With your manager, define, set priority and report on status of project work and rate reviews/analysis to support product and pricing development.
- Oversight of pricing and underwriting monitors, ensuring key points are raised to the wider business.
- Support manager in Pricing meetings through presenting and contributing to outcomes.
- Project manage junior members of the Pricing team or coach them to develop their expertise/knowledge.
- Keep abreast of developments in the Company and wider UK insurance market.
- When required, to deputise for Senior Manager and contribute to pricing strategy.
- Undertake and support analysis to optimise our market pricing.
Essential Skills
- Understand key processes, procedures and targets and be able to communicate effectively with key stakeholders.
- Understand how own/team’s work contributes to business performance and customer outcomes.
- Have strong analytical and data interpretation skills with the ability to communicate findings to technical and non-technical audiences.
- Have full working knowledge of tools appropriate to lines of business worked on (e.g. MS Excel, VBA and SAS (Enterprise Guide and/or Base), Willis Towers Watson Emblem, Classifier and Radar, Micro‑strategy).
Desirable
- Have experience in training and coaching junior team members in analysis and use of analysis software.
Benefits
- 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.
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.
Closing date 11/06/2026. We reserve the right to close the advert early if we reach enough applications.
Principal Pricing Analyst in Guildford employer: Allianz UK
Allianz is an exceptional employer, offering a dynamic work culture that prioritises inclusivity and employee development. With flexible working options, comprehensive benefits including a contributory pension scheme, and opportunities for professional growth through coaching and training, employees in the Guildford office can thrive both personally and professionally. The company's commitment to equal opportunities and community engagement further enhances its appeal as a meaningful workplace.
StudySmarter Expert Advice🤫
We think this is how you could land Principal Pricing Analyst in Guildford
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We think you need these skills to ace Principal Pricing Analyst in Guildford
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Allianz UK.
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Research and Reflect:Before hitting that 'apply' button on Allianz UK's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Allianz UK
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Allianz UK.
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✨Network with Industry Professionals
Before your interview, reach out to current or former Allianz UK employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
