At a Glance
- Tasks: Shape pricing strategies through data analysis and stakeholder collaboration.
- Company: Join Allianz UK, a leader in insurance with a focus on innovation.
- Benefits: Flexible working, competitive salary, and extensive training opportunities.
- Other info: Inclusive workplace with a commitment to diversity and flexible work arrangements.
- Why this job: Make a real impact on pricing decisions and drive business success.
- Qualifications: Experience in personal lines pricing and proficiency in Python, SQL, or similar.
The predicted salary is between 56700 - 69300 £ per year.
Ready to shape the future of pricing? We have a new opportunity for a Principal Pricing Analyst to join our Broker home Pricing team. This is a hybrid role, with the flexibility to be based from one of our offices in London, Bournemouth, Chelmsford or Birmingham.
As a Principal Pricing Analyst, you will play a significant role in decision making; carrying out statistical analysis and making recommendations to stakeholders to improve the pricing and products we offer to our customers and brokers. 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
As the Principal Pricing Analyst, you will be responsible for:
- Assisting in reviewing the expected impact and implementation of risk model updates – continually looking to improve data and processes
- Working with different teams and stakeholders to achieve an understanding of their needs, data requirements and expected modelling outcomes
- Getting hands-on with data from its source right through to modelling rating changes and then implementation of changes in rating
- Analysing data, interpret output and communicate results to a non-technical audience
- Regularly review pricing and underwriting monitors, ensuring key points are escalated
- Proactively monitor underwriting footprint and recommend adjustments to footprint
- With your manager, define, set priority and report on status of project work and rate reviews / analysis to support product and pricing development
- Assisting with BAU including reporting.
Essential Skills
- Advanced personal lines pricing experience
- 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
Desirable Skills
- Demonstrable understanding of the various elements of a Technical Price, including business expenses, other costs and actuarial/inflation assumptions
- Responsible Artificial Intelligence usage
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.
For any inquiries or to submit your application, please contact: Georgie Hill. If you are an at-risk candidate facing potential redeployment, please include this information in your CV.
Closing date 19/08/26. We reserve the right to close the advert early if we reach enough applications.
Principal Pricing Analyst in Bournemouth employer: Allianz
At Munich Re Specialty – Global Markets, we pride ourselves on being an exceptional employer that fosters a culture of support, innovation, and inclusivity. Our commitment to employee growth is reflected in our comprehensive benefits package, including generous annual leave, a non-contributory pension, and opportunities for professional development. Located in a vibrant community, we not only focus on individual success but also encourage our team to engage in local initiatives, making a meaningful impact both within and outside the workplace.
StudySmarter Expert Advice🤫
We think this is how you could land Principal Pricing Analyst in Bournemouth
✨Tap into Campus Networks
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We think you need these skills to ace Principal Pricing Analyst in Bournemouth
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.
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How to prepare for a job interview at Allianz
✨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.
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Before your interview, reach out to current or former Allianz 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.
