Principal/Senior Pricing Analyst
Principal/Senior Pricing Analyst

Principal/Senior Pricing Analyst

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

  • Tasks: Analyse data and improve premium rating models to drive business success.
  • Company: Join Allianz UK, a leader in insurance with a focus on innovation.
  • Benefits: Flexible working, competitive salary, and extensive training opportunities.
  • Why this job: Make a real impact in a dynamic team while developing your skills.
  • Qualifications: Experience with data analysis tools and strong stakeholder management skills.
  • Other info: Inclusive workplace with a commitment to diversity and career growth.

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

We have a new opportunity for a Senior or Principal Pricing Analyst to join our Britania Rescue team in London or Bournemouth on a hybrid basis. You will use your insurance market knowledge and pricing expertise to develop and implement improvements to our premium rating models that enable us to deliver on our business objectives. We work closely with a wide range of stakeholders across the Retail business to manage our Trading performance, 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.

About You

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

  • Analysing quote, policy, exposure, claims and other datasets to propose changes to our premium rating models.
  • Presenting and contributing to Pricing & Trading meetings.
  • Defining, prioritising and reporting on the status of project work to support product and pricing development.
  • Assisting in coaching and developing other colleagues within the team to ensure constant up-skilling.
  • Coordinating the delivery of technical projects to improve underwriting performance against technical modelling standards and data controls.
  • Contributing towards best practices across the department by collaborating with other Pricing and Data Science teams.

Essential Skills

We don’t expect you to know everything from day one, but the following will enable you to hit the ground running:

  • Experience of Willis Towers Watson Radar software, particularly with building projects in Radar Base or Live.
  • Proven experience in working with large data sources and a good command of SQL, Python, Databricks, SAS or similar coding languages.
  • Experience working in a personal lines pricing environment.
  • Good understanding of the various elements of the premium 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.

  • 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: Matthew Mckevitt

Closing date 20/02/26. We reserve the right to close the advert early if we reach enough applications. Join us - Let’s Care for Tomorrow.

Principal/Senior Pricing Analyst employer: Allianz

At Allianz UK, we pride ourselves on being an exceptional employer, offering a dynamic work culture that prioritises employee growth and innovation. With access to extensive training resources, flexible working options, and a commitment to inclusivity, our team members thrive in an environment that values their contributions and supports their professional development. Join us in London or Bournemouth and be part of a forward-thinking team that is dedicated to making a meaningful impact in the insurance industry.
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Contact Detail:

Allianz Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Principal/Senior Pricing Analyst

✨Tip Number 1

Network like a pro! Reach out to your connections in the insurance industry and let them know you're on the lookout for opportunities. A friendly chat can lead to insider info about job openings that aren't even advertised yet.

✨Tip Number 2

Prepare for interviews by practising common questions related to pricing analysis. Think about how you can showcase your experience with tools like SQL and Python, and be ready to discuss how you've tackled challenges in previous roles.

✨Tip Number 3

Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.

✨Tip Number 4

Check out our website for the latest job postings and apply directly! We’re all about making the application process smooth and easy, so don’t miss out on your chance to join our innovative team.

We think you need these skills to ace Principal/Senior Pricing Analyst

Insurance Market Knowledge
Pricing Expertise
Premium Rating Models
Stakeholder Management
Data Analysis
SQL
Python
Databricks
SAS
Statistical Modelling Methods
Machine Learning Techniques
Communication Skills
Project Management
Coaching and Development

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Principal/Senior Pricing Analyst role. Highlight your experience with pricing models, data analysis, and any relevant software like SQL or Python. We want to see how your skills align with what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about pricing analysis and how you can contribute to our Britania Rescue team. Don't forget to mention your stakeholder management skills – they're super important to us!

Showcase Your Technical Skills: We love seeing candidates who are comfortable with technical tools. Make sure to mention your experience with software like Willis Towers Watson Radar, Databricks, or any coding languages you've used. This will help us understand your technical edge!

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!

How to prepare for a job interview at Allianz

✨Know Your Numbers

As a Principal/Senior Pricing Analyst, you'll be dealing with data all the time. Brush up on your SQL and Python skills before the interview. Be ready to discuss how you've used these tools in past roles to analyse datasets and improve pricing models.

✨Showcase Your Stakeholder Skills

This role requires strong stakeholder management. Prepare examples of how you've effectively communicated complex technical concepts to non-technical audiences. Think about times when you’ve built relationships that led to successful project outcomes.

✨Familiarise Yourself with Radar Software

If you have experience with Willis Towers Watson Radar software, make sure to highlight it. If not, do some research on it and be prepared to discuss how you would approach building projects in Radar Base or Live.

✨Emphasise Continuous Learning

Allianz values growth and development. Be ready to talk about how you stay updated with industry trends and your commitment to continuous learning. Mention any relevant courses or certifications you've pursued, especially in statistical modelling or machine learning techniques.

Principal/Senior Pricing Analyst
Allianz

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