At a Glance
- Tasks: Analyse pricing data and present findings to improve business outcomes.
- Company: Join Allianz, a leading insurance company known for its commitment to innovation and employee development.
- Benefits: Enjoy flexible working, generous study packages, and discounts on insurance products.
- Why this job: Be part of a dynamic team that values continuous learning and career growth.
- Qualifications: Experience with data analysis tools and a numerate degree are essential; insurance background is a plus.
- Other info: Hybrid work options available; we support diversity and inclusion in the workplace.
The predicted salary is between 42000 - 58000 £ per year.
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Role Description
Allianz Personal is excited to be recruiting for a Senior Pricing Analyst into our Retail Portfolio Pricing department. Allianz is a large, multi-award winning insurance company, and that\’s driven by our people. The successful candidate is someone who really lives our values and they will play a key role in delivering a price to market that offers the best value to both our customers and our business.
Salary Information
Pay: Circa £50,000 per year.Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.
Key Accountabilities
Your role will vary day to day, but here is a bit of what you can expect:
- Carry out and support the team with pricing analysis and when required presenting to the Trading Forum and contribute to delivering agreed outcomes.
- Contribute to the delivery of technical projects to improve underwriting performance against common technical modelling standards and adherence to data controls.
- Regularly review pricing and underwriting monitors, ensuring key points are escalated.
- With your manager, define, set priority and report on status of project work and rate reviews / analysis to support product and pricing development.
- Assist in coaching and developing other colleagues within the team to ensure constant up-skilling.
- Keep abreast of developments in the Company and wider UK insurance market.
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 or similar coding languages
- Experience of Willis Towers Watson software suite mainly focused on Radar and Emblem
- 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
- Ability to build and maintain relationships throughout both the Pricing Department and the wider business
- Knowledge of relevant statistical modelling methods and machine learning techniques
- In addition you will be quick to learn, with the ability to prioritise activities and work accurately to tight deadlines, always remaining responsive to the needs of the business
- Ideally you will hold a highly numerate degree, and have experience of applying your knowledge in a business environment. A background in either Motor or Home General Insurance Pricing is helpful but not essential.
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 WorkingDo 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.
Diversity & InclusionAt Allianz, we prioritize diversity and inclusion, 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 AllAs 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.ukFor any inquiries or to submit your application, please contact: Scott Burns.If you are an at-risk candidate facing potential redeployment, please include this information in your CV.
We reserve the right to close the ad early if we reach enough applications.
Closing date 9/5/2025
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Senior Pricing Analyst - Retail Portfolio Pricing employer: Allianz
Contact Detail:
Allianz Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pricing Analyst - Retail Portfolio Pricing
✨Tip Number 1
Familiarise yourself with the key software tools mentioned in the job description, particularly the Willis Towers Watson suite like Radar and Emblem. Having hands-on experience or even completing online tutorials can give you a significant edge during interviews.
✨Tip Number 2
Brush up on your stakeholder management skills. Practice explaining complex pricing concepts in simple terms, as this will be crucial when communicating with non-technical colleagues. Role-playing these scenarios can help build your confidence.
✨Tip Number 3
Stay updated on the latest trends in the UK insurance market. Follow industry news and reports to discuss relevant topics during your interview, showcasing your proactive approach and genuine interest in the field.
✨Tip Number 4
Network with current or former employees of Allianz or similar companies. Engaging in conversations about their experiences can provide valuable insights into the company culture and expectations, which you can leverage in your application process.
We think you need these skills to ace Senior Pricing Analyst - Retail Portfolio Pricing
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in pricing analysis, data handling, and any specific software like Python or SQL. Use keywords from the job description to demonstrate your fit for the role.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the position and Allianz as a company. Mention how your skills align with their values and the specific requirements of the Senior Pricing Analyst role.
Showcase Your Technical Skills: Provide examples of your experience with statistical modelling methods and machine learning techniques. Highlight any projects where you successfully used these skills to achieve business outcomes.
Prepare for Potential Questions: Think about how you would explain complex technical concepts to a non-technical audience. Be ready to discuss your stakeholder management skills and how you've contributed to team success in previous roles.
How to prepare for a job interview at Allianz
✨Showcase Your Data Skills
As a Senior Pricing Analyst, you'll be working with large data sources. Be prepared to discuss your experience with Python, SQL, or SAS. Bring examples of how you've used these tools in previous roles to solve pricing challenges.
✨Understand the Insurance Market
Familiarise yourself with the current trends in the UK insurance market, especially in retail portfolio pricing. Being able to discuss recent developments will demonstrate your commitment and knowledge about the industry.
✨Communicate Clearly
You’ll need to convey technical concepts to non-technical stakeholders. Practice explaining complex ideas in simple terms. This will show that you can bridge the gap between technical analysis and business needs.
✨Emphasise Continuous Learning
Allianz values continuous learning, so highlight any relevant training or certifications you've pursued. Discuss how you stay updated with new statistical modelling methods or machine learning techniques, as this aligns with their culture.