Motor Pricing Manager in London

Motor Pricing Manager in London

London Full-Time 36000 - 60000 Β£ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead pricing strategies and manage a team to optimise motor insurance products.
  • Company: Join Allianz, a global leader in insurance with a focus on innovation.
  • Benefits: Enjoy flexible working, competitive salary, and extensive career development opportunities.
  • Why this job: Make a real impact in the insurance industry while shaping future pricing strategies.
  • Qualifications: Experience in pricing and strong stakeholder management skills required.
  • Other info: Inclusive workplace with support for neurodiversity and flexible working arrangements.

The predicted salary is between 36000 - 60000 Β£ per year.

Allianz Personal are looking for a Pricing Manager to join our Retail Team. We are seeking a true expert who will take the responsibility for delivering the financial targets of our Motor products being distributed via our Partnerships network.

Based in our London or Birmingham offices on a hybrid basis, you will work closely with the wider Pricing team to help us shape the future path of Pricing by integrating our models into customer rating and accurately manage the insurance risk of the business we write.

The role sits within the Retail Pricing Portfolio team, and involves managing a team of analysts, as well as forming relationships across numerous teams and departments within both AZP and Allianz Group.

About You

Your role will vary day to day, but here is a bit of what you can expect:

  • Deputising for the relevant Head of Partnerships Pricing, and contributing to the product underwriting strategy.
  • Defining and delivering pricing analysis projects to improve underwriting performance whilst supporting GWP targets through competitive product/price positioning.
  • Involved in the tendering and onboarding of new partners, as well as developing and improving the performance on existing partners.
  • Inputting into product development, by primarily identifying innovative underwriting segmentation improvements to support volume growth and profitability ambitions.
  • Establishing a robust rate relativity review process to optimise the conversion and profitability of individual risk segments within the portfolio.
  • Reviewing overall product and individual scheme profitability, providing necessary pricing input into the budget planning process for existing lines, and the evaluation of new schemes or partnership bids.

Essential Skills

  • Solid pricing portfolio expertise with experience in challenging the status quo to introduce innovation.
  • Experience within pricing and delivering the financial targets using Risk Premium models from other teams, coupled with commercial awareness of the Motor market.
  • Previous exposure to the use of Radar, Databricks and Machine Learning models or transferable equivalents in an insurance setting.
  • Experience of managing and mentoring junior team members, as well as being a role model.
  • Strong stakeholder management skills, with the ability to build and maintain effective relationships across pricing teams and other business functions.

Desirable Skills

  • Ideally, you will have previous experience with the Motor insurance product, however we will consider candidates from other backgrounds such as Home or other types of Motor insurance.
  • Prior experience or strong awareness of Pricing Optimisation techniques and how it can impact on best rates to go to market.

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 is perfect for you. We also offer flexible working options, global career opportunities across the wider Allianz Group, and fantastic career development and training. That is on top of enjoying all the benefits you would 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 is right for our customers, our business and for you, then we will 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 is 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: Matthew Mckevitt

Closing date 09/01/26. We reserve the right to close the advert early if we reach enough applications.

Motor Pricing Manager in London employer: Allianz

Allianz is an exceptional employer that prioritises employee well-being and professional growth, offering a flexible working environment in vibrant London or Birmingham. With a strong commitment to inclusivity and diversity, employees benefit from tailored development opportunities, competitive remuneration packages, and a supportive culture that encourages innovation and collaboration. Join Allianz to be part of a leading global insurance brand that values your contributions and fosters a healthy work-life balance.
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Contact Detail:

Allianz Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Motor Pricing Manager in London

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their products and pricing strategies, especially in the Motor insurance sector. This will help you stand out and show that you're genuinely interested.

✨Tip Number 3

Practice your pitch! Be ready to explain how your skills and experience align with the role of a Motor Pricing Manager. Highlight your expertise in pricing models and stakeholder management to make a lasting impression.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us.

We think you need these skills to ace Motor Pricing Manager in London

Pricing Portfolio Expertise
Risk Premium Models
Commercial Awareness of the Motor Market
Radar
Databricks
Machine Learning Models
Team Management
Stakeholder Management
Pricing Optimisation Techniques
Underwriting Strategy Development
Analytical Skills
Project Management
Relationship Building
Innovation in Underwriting Segmentation

Some tips for your application 🫑

Tailor Your CV: Make sure your CV is tailored to the Motor Pricing Manager role. Highlight your relevant experience in pricing and any specific skills that match the job description. We want to see how you can bring value to our team!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share your passion for pricing and how your background aligns with our goals at Allianz. Remember, we love a good story!

Showcase Your Skills: Don’t just list your skills; demonstrate them! If you have experience with Radar, Databricks, or Machine Learning models, give us examples of how you've used these tools effectively in your previous roles. We’re keen to see your expertise in action!

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Let’s get started on this journey together!

How to prepare for a job interview at Allianz

✨Know Your Numbers

As a Motor Pricing Manager, you'll need to demonstrate your expertise in pricing models and financial targets. Brush up on key metrics and be ready to discuss how you've used data to drive decisions in previous roles.

✨Showcase Your Leadership Skills

Since this role involves managing a team of analysts, be prepared to share examples of how you've mentored or led teams in the past. Highlight your ability to inspire and develop others, as well as how you handle challenges within a team setting.

✨Understand the Market Landscape

Familiarise yourself with current trends in the Motor insurance market. Be ready to discuss how these trends could impact pricing strategies and what innovative approaches you might suggest to stay competitive.

✨Build Relationships

Stakeholder management is key in this role. Think of examples where you've successfully built relationships across departments. Be ready to explain how you would approach collaboration with other teams to achieve common goals.

Motor Pricing Manager in London
Allianz
Location: London
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  • Motor Pricing Manager in London

    London
    Full-Time
    36000 - 60000 Β£ / year (est.)
  • A

    Allianz

    5000+
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