At a Glance
- Tasks: Join our team to optimise pricing strategies and deliver value to customers.
- Company: Allianz, a leading insurance provider with a commitment to innovation and inclusivity.
- Benefits: Flexible working, competitive salary, annual bonuses, and extensive training opportunities.
- Other info: Hybrid work options and a focus on work-life balance.
- Why this job: Make a real impact in pricing analysis while developing your skills in a supportive environment.
- Qualifications: Experience with data analysis tools like Python, SQL, and statistical modelling methods.
The predicted salary is between 55000 - 65000 £ per year.
Allianz is excited to be recruiting for a Principal Pricing Analyst into our Retail Home Portfolio Pricing department. The successful candidate will play a key role in delivering a price to market that offers the best value to both our customers and our business. Our Home product now forms a significant part of our retail portfolio. In this role, you will be a key member of the portfolio pricing team and work on optimising our rates in order to deliver the best prices to market.
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. This role is offered on a hybrid basis from any of our UK offices in London, Bournemouth, Birmingham, Bristol, Manchester, or Guildford—providing flexibility while supporting a balanced and collaborative working environment.
Salary Information: Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.
About You
- Deputising for the manager and supporting the development of junior members of the team.
- Playing a leading role and supporting the team with pricing analysis and when required presenting to the Trading Forum and contribute to delivering agreed outcomes.
- Contribute to the delivery of technical projects to improve underwriting performance against common technical modelling standards and adherence to data controls.
- Regularly review pricing and underwriting monitors, ensuring key points are escalated.
- With your manager, define, set priority and report on status of project work and rate reviews/analysis to support product and pricing development.
- Assist in coaching and developing other colleagues within the team to ensure constant up‑skilling.
Essential Skills
- Proven experience in working with large data sources and a good command of Python, SQL, SAS or similar coding languages.
- Experience of Willis Towers Watson software suite mainly focused on Radar, or other similar tools such as Earnix.
- Solid knowledge of relevant statistical modelling methods – in particular GLMs.
- Knowledge of relevant machine learning techniques – in particular GBMs.
- 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.
- Ability to build and maintain relationships throughout both the Pricing Department and the wider business.
Desirable Skills
- Responsible Artificial Intelligence usage.
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
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.
Closing date 15/06/26. We reserve the right to close the advert early if we reach enough applications.
Principal Pricing Analyst in Manchester employer: Allianz UK
Allianz is an exceptional employer that prioritises your growth and development, offering extensive training opportunities through the P&C Academy and access to premium learning platforms. With a flexible hybrid working model across various UK locations, a strong commitment to work-life balance, and a culture of inclusivity and support, Allianz fosters an environment where you can thrive both personally and professionally. Join us to be part of a team that values integrity, fairness, and innovation while making a meaningful impact in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Principal Pricing Analyst in Manchester
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Allianz UK. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Principal Pricing Analyst in Manchester
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.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
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.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Allianz UK will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨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.
