Principal Pricing Analyst - Actuarial Pricing in London
Principal Pricing Analyst - Actuarial Pricing

Principal Pricing Analyst - Actuarial Pricing in London

London Full-Time 70000 - 70000 ÂŁ / year (est.) Home office (partial)
myGwork - LGBTQ+ Business Community

At a Glance

  • Tasks: Lead innovative pricing projects and collaborate with data science teams to enhance forecasting accuracy.
  • Company: Join Allianz, a leader in the insurance industry with a commitment to diversity and inclusion.
  • Benefits: Enjoy a competitive salary, flexible working options, and discounts on insurance products.
  • Other info: Be part of a supportive team that values knowledge sharing and professional growth.
  • Why this job: Make a real impact in pricing strategies while developing your skills in a dynamic environment.
  • Qualifications: Experience in pricing or reserving, with strong actuarial knowledge and project management skills.

The predicted salary is between 70000 - 70000 ÂŁ per year.

This listing is for a Principal Pricing Actuarial Analyst covering offices in Birmingham, Bournemouth, Leeds and London. You will work with the wider Pricing team and Data Science team to develop and implement best practices, deliver project work and analysis to agreed business timescales, and influence and interpret project requirements.

Responsibilities

  • Build an automated process to project claims to ultimate using best‑practice techniques, including developing a claims monitoring process.
  • Work with stakeholders to ensure robust inputs into the Forecast.
  • Coordinate the roll‑out of the new Forecast across all Products.
  • Collaborate with Technical Pricing teams to ensure the technical premium models reflect the latest view of risk.
  • Stay abreast of industry best practices on actuarial methodologies and competitor insights.
  • Provide guidance on the interpretation and limitations of the Pricing Forecasts.
  • Suggest innovative ways to carry out Forecasting work to improve accuracy and efficiency, including the use of data‑science techniques.
  • Adhere to high model governance standards.

Essential Skills

  • Significant pricing or reserving experience.
  • Excellent working knowledge of actuarial methods and principles, ideally in a pricing context, including use of actuarial software.
  • Experience in an insurance pricing role.
  • Knowledge of price optimisation and the general insurance regulatory environment.
  • Proficiency in Excel and MS Office or equivalent applications.
  • Experience of planning and managing projects from inception to completion within business timelines.
  • A passion for sharing knowledge in an informative and engaging way to up‑skill the Pricing team and build Allianz’s reputation as industry leaders in pricing.

Desirable Skills

  • Actuarial qualification.
  • Understanding of modelling techniques, including GLMs and GBMs, and their application to insurance pricing.
  • Thorough knowledge of Willis Towers Watson’s software Radar and Emblem or similar.
  • Data‑science skill or experience.
  • Data‑handling skills using SAS and/or SQL; experience in a data‑science programming language, preferably Python.
  • Knowledge of Agile project‑management processes.
  • Responsible AI usage.

Benefits

  • Competitive salary of approximately ÂŁ70,000 per year (subject to experience and location).
  • Flexible working options including hybrid working.
  • Annual performance‑related bonus.
  • Contributory pension scheme.
  • Development days and other training opportunities.
  • Discounts up to 50% on a range of insurance products including car, home and pet.
  • Retail discounts.
  • Volunteering days.

Equal Opportunity Employer

Allianz is an equal‑opportunity employer committed to fostering an inclusive workforce. We welcome applications from all backgrounds, including those who identify as LGBTQ+, women, people of colour, disabled candidates and members of the neuro‑diverse community. Our commitment to diversity is supported by accreditation as an EDGE-certified, Stonewall Diversity Champion, Disability Confident employer and other recognitions.

Principal Pricing Analyst - Actuarial Pricing in London employer: myGwork - LGBTQ+ Business Community

Allianz is an exceptional employer that prioritises employee growth and development, offering competitive salaries and flexible working options across its offices in Birmingham, Bournemouth, Leeds, and London. With a strong commitment to diversity and inclusion, employees benefit from a supportive work culture, annual performance-related bonuses, and extensive training opportunities, making it an ideal place for those seeking a meaningful career in actuarial pricing.
myGwork - LGBTQ+ Business Community

Contact Detail:

myGwork - LGBTQ+ Business Community Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Principal Pricing Analyst - Actuarial Pricing in London

✨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 a CV just can't.

✨Show Off Your Skills

When you get the chance to chat with potential employers, make sure to highlight your experience with actuarial methods and pricing strategies. Use specific examples to demonstrate how you've tackled challenges in the past.

✨Prepare for the Interview

Research Allianz and its approach to pricing and data science. Be ready to discuss how you can contribute to their goals and bring innovative ideas to the table. Confidence is key!

✨Apply Through Our Website

Don't forget to apply directly through our website! It shows you're genuinely interested and makes it easier for us to track your application. Plus, you'll find all the latest job openings there.

We think you need these skills to ace Principal Pricing Analyst - Actuarial Pricing in London

Actuarial Methods and Principles
Pricing Experience
Claims Projection Techniques
Data Science Techniques
Excel Proficiency
Project Management
Price Optimisation Knowledge
Insurance Regulatory Environment Knowledge
Modelling Techniques (GLMs, GBMs)
SAS and/or SQL Data Handling Skills
Python Programming Experience
Agile Project Management
Model Governance Standards
Stakeholder Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Principal Pricing Analyst role. Highlight your experience in pricing and actuarial methods, and don’t forget to mention any relevant software skills. We want to see how you fit into our team!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about pricing and how your skills align with our needs. Be sure to mention any innovative ideas you have for improving forecasting processes.

Showcase Your Project Management Skills: Since project management is key for this role, make sure to include examples of projects you've managed from start to finish. We love seeing how you’ve coordinated efforts and met deadlines in previous roles!

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 keep track of it. Plus, you’ll get to explore more about what we do at StudySmarter!

How to prepare for a job interview at myGwork - LGBTQ+ Business Community

✨Know Your Numbers

As a Principal Pricing Analyst, you'll need to demonstrate your expertise in actuarial methods and pricing. Brush up on key concepts, especially those related to claims projection and forecasting. Be ready to discuss how you've applied these techniques in past roles.

✨Showcase Your Collaboration Skills

This role involves working closely with various teams, including Data Science and Technical Pricing. Prepare examples of how you've successfully collaborated on projects in the past. Highlight your ability to communicate complex ideas clearly to stakeholders.

✨Stay Ahead of Industry Trends

Familiarise yourself with the latest industry best practices and competitor insights in actuarial pricing. During the interview, mention any recent developments you've followed and how they could influence your work at the company.

✨Demonstrate Your Project Management Experience

You'll be expected to manage projects from start to finish. Be prepared to discuss specific projects you've led, focusing on your planning, execution, and how you met deadlines. Mention any Agile methodologies you've used to enhance project delivery.

Principal Pricing Analyst - Actuarial Pricing in London
myGwork - LGBTQ+ Business Community
Location: London

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>