Pricing Manager

Pricing Manager

Full-Time 60000 - 75000 £ / year (est.) No working from home possible
Allianz UK

At a Glance

  • Tasks: Lead pricing for Allianz and Britannia Motor Portfolio, driving financial performance and innovation.
  • Company: Join Allianz, a leader in insurance with a commitment to inclusivity and innovation.
  • Benefits: Enjoy flexible working, performance bonuses, and discounts on insurance products.
  • Other info: Embrace a culture of integrity, fairness, and trust with excellent career growth opportunities.
  • Why this job: Shape the future of pricing while mentoring a dynamic team in a hybrid work environment.
  • Qualifications: Strong pricing expertise and experience in managing teams; knowledge of insurance market is a plus.

The predicted salary is between 60000 - 75000 £ per year.

Allianz Personal is looking for a Pricing Manager to join our Pricing Portfolio team, leading pricing activity across the Allianz and Britannia Motor Portfolio. You will be responsible for delivering the financial performance of our Motor products distributed through key partnership channels, while shaping the future direction of pricing capability across the business.

Location: Hybrid role based in our London office.

Responsibilities

  • Lead pricing activity for the Allianz and Britannia Motor Portfolio, ensuring delivery of financial and underwriting targets.
  • Define and deliver pricing analysis projects that improve underwriting performance while supporting GWP growth through competitive pricing.
  • Review and approve the ongoing builds for our Radar Live rating models and provide support to the team.
  • Influence Motor product development by identifying innovative underwriting and segmentation opportunities to drive profitable growth.
  • Establish and maintain robust portfolio pricing reviews that feed into and complement our optimisation processes.
  • Manage, mentor and develop a team of pricing analysts, acting as a role model within the Pricing function.

Essential Skills

  • Strong pricing portfolio expertise, with the confidence to challenge the status quo and introduce innovative solutions.
  • Experience delivering financial targets through the application of Risk Premium models, combined with strong commercial awareness of the personal lines insurance market.
  • Exposure to tools such as Radar Live, Databricks and Machine Learning models, or equivalent pricing technologies within an insurance environment.
  • Proven experience of managing and developing junior team members.
  • Excellent stakeholder management skills, with the ability to build trusted relationships across pricing, underwriting and wider business teams.

Desirable Skills

  • Previous experience within Motor insurance pricing; candidates from other personal lines backgrounds will also be considered.
  • Knowledge or experience of Pricing Optimisation techniques and their impact on market competitiveness and customer outcomes.
  • Experience working within partnership or scheme-based distribution models.
  • Responsible Artificial Intelligence usage.

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.

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.

Allianz UK

Contact Details:

Allianz UK Recruitment Team

We think you need these skills to ace Pricing Manager

Pricing Portfolio Expertise
Financial Performance Management
Risk Premium Models
Commercial Awareness
Radar Live
Databricks
Machine Learning Models