At a Glance
- Tasks: Analyse data and develop pricing models to shape competitive insurance strategies.
- Company: Join Allianz UK, a leading insurance provider with a dynamic team culture.
- Benefits: Enjoy flexible working, competitive salary, and a range of employee benefits.
- Why this job: Make a real impact in the insurance market while growing your career.
- Qualifications: Experience in pricing or analytical roles, with strong data analysis skills.
- Other info: Inclusive workplace with opportunities for professional development and hybrid work.
The predicted salary is between 34000 - 46000 £ per year.
Join our dynamic team at Allianz UK Personal as an experienced Pricing Analyst, where you\’ll play a crucial role in shaping our pricing strategies and ensuring competitive offerings in the insurance market. As a Pricing Analyst, you will be responsible for analysing data, developing pricing models, and providing insights that drive business decisions.
You will collaborate closely with cross-functional teams to optimize pricing structures and enhance profitability while maintaining customer satisfaction. This is an exciting opportunity to contribute to the growth and success of one of the leading insurance providers in the UK.
Salary Information
Pay: Circa £40,000 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
- Develop and maintain pricing models that accurately reflect market conditions and customer behavior.
- Conduct thorough data analysis to identify trends, patterns, and opportunities for pricing optimization.
- Collaborate with underwriting, product development, and marketing teams to align pricing strategies with business objectives.
- Monitor and evaluate the performance of pricing strategies, making adjustments as necessary to achieve desired outcomes.
- Provide detailed reports and presentations to senior management, highlighting key insights and recommendations.
- Ensure compliance with regulatory requirements and internal policies in all pricing activities.
- Continuously seek opportunities for process improvement and innovation in pricing methodologies.
- Support the development and implementation of new products and pricing initiatives.
Experience
- Proven experience in a pricing, actuarial, or analytical role within the insurance industry.
- Strong understanding of insurance products and market dynamics.
- Demonstrated ability to analyze complex data sets and generate actionable insights.
- Experience in developing and implementing pricing models and strategies.
- Excellent communication skills, with the ability to present findings and recommendations to stakeholders at various levels.
- Ability to work collaboratively in a team environment and manage multiple projects simultaneously.
- Bachelor\’s degree in Mathematics, Statistics, Economics, Finance, or a related field desirable.
Technical Skills
- Proficiency in statistical software and data analysis tools such as SAS, R, Python, or similar.
- Advanced Excel skills, including the ability to create complex formulas and perform data analysis.
- Familiarity with data visualization tools such as Tableau or Power BI.
- Strong analytical and problem-solving skills, with a keen attention to detail.
- Knowledge of machine learning techniques and their application in pricing analysis is a plus.
- Understanding of regulatory requirements and compliance in the insurance industry.
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 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.
Hr-recruitment@allianz.co.uk
For any inquiries or to submit your application, please contact: Charlotte Whalley
If you are an at-risk candidate facing potential redeployment, please include this information in your CV.
Closing date Insert closing date 31/10/25
We reserve the right to close the advert early if we reach enough applications.
Join us – Let\’s Care for Tomorrow.
#LI-Hybrid
80910 | Actuarial | Professional | Non-Executive | Allianz UK | Full-Time | Permanent
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Pricing Analyst employer: Redefined Ltd
Contact Detail:
Redefined Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the insurance industry, especially those working at Allianz. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for interviews by practising common questions related to pricing analysis. Think about how your skills in data analysis and model development can directly benefit Allianz's pricing strategies.
✨Tip Number 3
Showcase your analytical skills with real examples. Bring along case studies or projects where you've successfully developed pricing models or optimised strategies. 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 noticed. Plus, it shows you're genuinely interested in joining our team at Allianz.
We think you need these skills to ace Pricing Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Pricing Analyst role. Highlight your experience in data analysis and pricing models, and don’t forget to mention any relevant software skills like SAS or Python. We want to see how your background aligns 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 strategies and how you can contribute to our team. Be sure to mention specific examples from your past experiences that relate to the job description.
Showcase Your Analytical Skills: As a Pricing Analyst, strong analytical skills are key. In your application, include examples of how you've successfully analysed complex data sets and generated insights. This will help us see your problem-solving abilities in action!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Redefined Ltd
✨Know Your Numbers
As a Pricing Analyst, you'll be dealing with data all the time. Brush up on your statistical knowledge and be ready to discuss how you've used data analysis tools like SAS, R, or Python in previous roles. Be prepared to share specific examples of how your insights have influenced pricing strategies.
✨Understand the Market
Familiarise yourself with current trends in the insurance market. Research Allianz UK’s competitors and their pricing strategies. This will not only show your interest in the role but also help you articulate how you can contribute to shaping competitive offerings.
✨Collaboration is Key
Highlight your experience working with cross-functional teams. Be ready to discuss how you've collaborated with underwriting, product development, or marketing teams in the past. This will demonstrate your ability to align pricing strategies with broader business objectives.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills. Prepare for scenarios where you might need to adjust pricing models based on market changes or customer behaviour. Think through your thought process and be ready to explain your reasoning clearly.