At a Glance
- Tasks: Analyse pricing data and develop innovative rating proposals for our motor portfolio.
- Company: Join Allianz UK, a leading insurance brand with a focus on growth and innovation.
- Benefits: Enjoy flexible working, competitive salary, and access to global training resources.
- Other info: Flexible working options and a commitment to diversity and inclusion.
- Why this job: Make an impact in a dynamic team while enhancing your skills in a supportive environment.
- Qualifications: Experience with data analysis tools like Python, SQL, and knowledge of statistical modelling.
The predicted salary is between 42000 - 84000 £ per year.
We have a new opportunity for a Principal Pricing Analyst to join our Standard Motor Risk Selection team in London 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: Circa £60,000 per year. 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 supporting 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.
For any inquiries or to submit your application, please contact: Charlotte Whalley. If you are an at-risk candidate facing potential redeployment, please include this information in your CV. Closing date 09/01/26. We reserve the right to close the advert early if we reach enough applications.
Principal Pricing Analyst 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
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even reach out to current employees at Allianz. Building relationships can open doors that you didn’t even know existed.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back! Share your experience with data analysis and coding languages like Python and SQL. Make sure they see how you can contribute to their team right from the start.
✨Prepare for the Interview
Do your homework on Allianz and the role of Principal Pricing Analyst. Be ready to discuss how your skills align with their goals, especially around pricing strategies and stakeholder management. Confidence is key!
✨Apply Through Our Website
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 the Allianz team.
We think you need these skills to ace Principal Pricing Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your expertise in pricing analysis and any relevant coding languages like Python or SQL. We want to see how you can contribute to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with our goals at Allianz. Don’t forget to mention your experience with stakeholder management and technical projects.
Showcase Your Data Skills:Since this role involves working with large data sources, be sure to include specific examples of your experience with data analysis and modelling techniques. We love seeing how you've used your skills to drive results in previous roles!
Apply Through Our Website:We encourage you to apply directly through our website for a smoother application process. It’s the best way to ensure your application gets the attention it deserves. Plus, we’re excited to see what you bring to the table!
How to prepare for a job interview at Allianz
✨Know Your Numbers
As a Principal Pricing Analyst, you'll be dealing with large data sources and pricing models. Brush up on your Python, SQL, and any relevant statistical methods before the interview. Be ready to discuss how you've used these skills in past roles to drive business results.
✨Showcase Your Stakeholder Skills
Strong stakeholder management is key for this role. Prepare examples of how you've effectively communicated complex technical concepts to non-technical audiences. Think about times when you managed expectations or resolved conflicts—these stories will resonate well.
✨Understand the Market
Familiarise yourself with the current trends in the insurance market, especially around motor pricing. Being able to discuss recent developments or challenges in the industry will show that you're not just technically savvy but also commercially aware.
✨Be Ready to Collaborate
This role involves working closely with various teams. Prepare to discuss how you've successfully collaborated in the past, particularly in cross-functional settings. Highlight any experience you have in coaching or developing others, as this aligns with the team's goals.
