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For Companies At a Glance
- Tasks: Join our team to develop automated processes and enhance pricing strategies in a dynamic environment.
- Company: Allianz, a leading insurance provider with a commitment to diversity and inclusion.
- Benefits: Enjoy a competitive salary, flexible working, bonuses, and discounts on insurance products.
- Other info: We value diversity and welcome applicants from all backgrounds to join our inclusive workforce.
- Why this job: Make an impact in the insurance industry while collaborating with innovative teams and cutting-edge technology.
- Qualifications: Experience in pricing or reserving, 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 employer: 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
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those working at Allianz or similar companies. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for interviews by brushing up on your actuarial knowledge and pricing techniques. Be ready to discuss how you've used data science in your previous roles. We want to see your passion for the field!
✨Tip Number 3
Showcase your skills through real-life examples. When discussing your experience, highlight specific projects where you’ve implemented best practices or improved processes. This will make you stand out!
✨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 genuinely interested in joining our team.
We think you need these skills to ace Principal Pricing Analyst - Actuarial Pricing
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Principal Pricing Analyst role. Highlight your pricing experience and any relevant actuarial methods you've used. We want to see how your skills align with what we're looking for!
Showcase Your Projects: When you describe your previous projects, focus on those that involved pricing or forecasting. We love seeing how you've managed projects from start to finish, so don’t hold back on the details!
Be Clear and Concise: Keep your application clear and to the point. Use bullet points where possible to make it easy for us to read. We appreciate a well-structured application that gets straight to the good stuff!
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, it’s super easy to do!
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 principles. Brush up on key concepts and be ready to discuss how you've applied them in previous roles. Use specific examples to showcase your experience with pricing models and data analysis.
✨Showcase Your Collaboration Skills
This role involves working closely with various teams, including Data Science and Technical Pricing. Prepare to discuss how you've successfully collaborated on projects in the past. Highlight any experience you have in coordinating efforts across different departments and how you ensured everyone was aligned on project goals.
✨Stay Ahead of Industry Trends
Make sure you're up-to-date with the latest actuarial methodologies and competitor insights. Research current trends in pricing and forecasting techniques, especially those involving data science. Being able to discuss these topics will show your passion for the field and your commitment to continuous learning.
✨Prepare for Technical Questions
Expect to face technical questions related to pricing optimisation, model governance, and software tools like Radar and Emblem. Familiarise yourself with these tools and be ready to explain how you've used them in your work. If you have experience with programming languages like Python or data-handling skills using SAS/SQL, be sure to mention that too!