At a Glance
- Tasks: Analyse data to enhance premium rating models and support pricing development.
- Company: Join Allianz Commercial, a diverse and inclusive employer committed to equality.
- Benefits: Enjoy flexible working, performance bonuses, and discounts on insurance products.
- Other info: Hybrid work options and a supportive environment for personal growth.
- Why this job: Make a real impact in the insurance industry while developing your skills.
- Qualifications: Experience with pricing software and strong data analysis skills required.
The predicted salary is between 60000 - 75000 € per year.
This job is with Allianz Commercial, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community.
We have a new opportunity for a Principal Pricing Analyst to join our Britannia 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.
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
- 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
- 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 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.
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.
Principal Pricing Analyst employer: myGwork - LGBTQ+ Business Community
Allianz Commercial is an exceptional employer that prioritises inclusivity and employee well-being, offering a hybrid working model in vibrant locations like London and Bournemouth. With a strong focus on professional development, employees benefit from flexible holiday options, a contributory pension scheme, and opportunities for coaching and upskilling within a supportive team environment. The company’s commitment to diversity and innovation ensures a rewarding workplace where every individual can thrive.
Contact Detail:
myGwork - LGBTQ+ Business Community Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Principal Pricing Analyst
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Allianz through LinkedIn. A friendly chat can give you insider info and might even lead to a referral, which is always a bonus!
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Make sure you can confidently discuss SQL, Python, and any relevant statistical methods. We want to see that you can walk the talk!
✨Tip Number 3
Show off your stakeholder management skills during interviews. Be ready to share examples of how you've effectively communicated complex ideas to non-technical audiences. This will highlight your ability to fit into the team.
✨Tip Number 4
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 Allianz and being part of our inclusive culture.
We think you need these skills to ace Principal Pricing Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Principal Pricing Analyst role. Highlight your experience with pricing models and any relevant software like Radar. We want to see how your skills match what we're looking for!
Showcase Your Data Skills:Since this role involves working with large datasets, be sure to showcase your SQL, Python, or any other coding skills. We love seeing how you’ve used these tools in past roles to drive results.
Communicate Clearly:When writing your application, keep it clear and concise. Remember, you’ll need to convey technical concepts to non-technical stakeholders, so show us you can do that in your application too!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, we love seeing candidates who follow the process!
How to prepare for a job interview at myGwork - LGBTQ+ Business Community
✨Know Your Numbers
As a Principal Pricing Analyst, you'll be dealing with data all the time. Brush up on your SQL, Python, and any other relevant coding languages before the interview. Be ready to discuss how you've used these skills in past roles, especially in personal lines pricing.
✨Showcase Your Stakeholder Skills
This role requires strong stakeholder management. Prepare examples of how you've built relationships and communicated complex concepts to non-technical audiences. Think about specific instances where your communication made a difference in project outcomes.
✨Familiarise Yourself with Radar Software
Since experience with Willis Towers Watson Radar software is essential, make sure you can talk about your familiarity with it. If you’ve built projects in Radar Base or Live, be ready to share those experiences and what you learned from them.
✨Emphasise Your Team Spirit
Allianz values collaboration, so highlight your experience in coaching and developing colleagues. Share examples of how you've contributed to team success and best practices in previous roles, showing that you're not just a lone wolf but a team player.
