At a Glance
- Tasks: Analyse pricing data and develop innovative rating proposals for our diverse motor portfolio.
- Company: Join Allianz UK, 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: Make a real impact in a dynamic team while developing your skills in pricing analysis.
- Qualifications: Experience with large data sets and proficiency in Python, SQL, or similar coding languages.
- Other info: Embrace a hybrid work culture that values your work-life balance and personal growth.
The predicted salary is between 36000 - 60000 £ per year.
Role Description
We have a new opportunity for a Principal Pricing Analyst to join our Standard Motor Risk Selection team in London or Chelmsford on a hybrid basis. This role has been created to support the growth ambitions for our broker motor portfolio, standard car and van.
You will use your insurance market knowledge and pricing expertise to develop and implement rating proposals that enable us to deliver on our business objectives. We work closely with the wider Broker business to manage our Trading performance and with our Technical Excellence Pricing colleagues, so building and maintaining strong relationships is key to us achieving our goals.
Be part of a team that’s driving innovation!
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.
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
Your role will vary day to day, but here is a bit of what you can expect:
- Carrying out and support the team to deliver pricing analysis
- Coordinating the delivery of technical projects to improve underwriting performance against common technical modelling standards and adherence to data controls
- Defining, setting priority and reporting on status of project work and rate reviews / analysis to support product and pricing development
- Supporting manager in Pricing meetings through presenting and contributing to outcomes
- Assisting in coaching and developing other colleagues within the team to ensure constant up-skilling.
Essential Skills
We don\’t expect you to know everything from day one, but the following will enable you to hit the ground running:
- Proven experience in working with large data sources and a good command of Python, SQL, SAS, Databricks or similar coding languages
- Experience of Willis Towers Watson Radar software
- 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
- Knowledge of relevant statistical modelling methods and machine learning techniques
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.
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.
Contact our Resourcing team to opt into this scheme or for assistance with your application, including larger text, hard copies, or spoken applications.
Hr-recruitment@allianz.co.uk
For any inquiries or to submit your application, please contact: Matthew Mckevitt
Closing date 30/03/26
We reserve the right to close the advert early if we reach enough applications.
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Principal Pricing Analyst employer: Allianz UK
Contact Detail:
Allianz UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Principal Pricing Analyst
✨Tip Number 1
Network like a pro! Reach out to current employees at Allianz UK on LinkedIn. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by brushing up on your pricing analysis skills. Be ready to discuss how you've used data to drive decisions in past roles. We want to see your expertise shine!
✨Tip Number 3
Show off your coding chops! If you’ve got experience with Python, SQL, or SAS, make sure to highlight specific projects where you’ve used these skills to solve problems.
✨Tip Number 4
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.
We think you need these skills to ace Principal Pricing Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Principal Pricing Analyst role. Highlight your experience with large data sources and any relevant coding skills like Python or SQL. We want to see how your background aligns with our needs!
Showcase Your Skills: In your cover letter, don’t just list your skills—show us how you’ve used them in real situations. Talk about your experience with pricing analysis and stakeholder management. We love seeing practical examples!
Be Clear and Concise: When writing your application, keep it clear and to the point. Use straightforward language to convey your technical knowledge, especially if you're explaining complex concepts. Remember, we appreciate clarity!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to track your application status. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Allianz UK
✨Know Your Numbers
As a Principal Pricing Analyst, you'll be dealing with large data sets. Brush up on your Python, SQL, or SAS skills before the interview. Be ready to discuss how you've used these tools in past roles to drive pricing strategies.
✨Understand the Market
Familiarise yourself with Allianz UK's Broker Motor Portfolio and its products. Research current trends in the insurance market, especially around motor pricing. This will help you demonstrate your knowledge and show that you're genuinely interested in the role.
✨Build Relationships
Since stakeholder management is key, think of examples where you've successfully collaborated with others. Prepare to discuss how you can convey complex technical concepts to non-technical audiences, as this will be crucial in your new role.
✨Prepare for Technical Questions
Expect questions about statistical modelling methods and machine learning techniques. Brush up on relevant concepts and be prepared to explain how they apply to pricing analysis. This will showcase your expertise and readiness for the challenges ahead.