Data Analyst

Allianz; Bournemouth; Hybrid; GBP 35,000 - 42,000; Full time

Job summary

A leading insurance company is seeking a Data Analyst to join the Risk Actuarial Team. The role involves data processing for regulatory capital calculations, supporting risk management reporting, and contributing to the Own Risk and Solvency Assessment process. Candidates should have strong analytical skills and experience with data processing tools like R, SQL, and Python. The position offers flexible working options and a competitive salary package.

Benefits

Flexible buy/sell holiday options

Annual performance related bonus

Contributory pension scheme

Retail discounts

Qualifications

• Essential skills include knowledge of data processing and analytics tools.
• Experience in data management and analysis is required.
• Strong team collaboration and communication skills are essential.

Responsibilities

• Carry out data processing for regulatory capital calculations.
• Support risk management reporting to the business.
• Contribute to the Own Risk and Solvency Assessment process.

Skills

Knowledge and capability of market leading data processing and analytics tools e.g. R, SQL, Python, Power BI

Strong interpersonal skills

Quick to learn and able to prioritise activities

Strong communication (written and verbal)

Data analytics experience within insurance or financial services

Education

Degree qualified or relevant experience

Tools

R

SQL

Python

Power BI

Job description

Role Description

If you are an at-risk candidate facing potential redeployment, please include this information in your CV.

As a Data Analyst within the Risk Actuarial Team, Second Line Risk Function, your role will be to carry out data processing for our quarterly processes of calculating regulatory capital and catastrophe exposure data preparation, and to carry out process automation and simplification within these process and their associated reporting.

This position is suitable for an ambitious, collaborative and enthusiastic candidate who is working in the area of Data Science.

Location: London, Guildford or Bournemouth

Salary Information

Salary: Circa 35 - 42k. Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.

About You

You will support the Risk Actuarial team in carrying out data processing and process automation and simplification for a selection of the following activities, under general supervision:

• Risk Capital Modelling Operations: Support the operating of the risk capital models, underpinning the calculation of the Company's Solvency Capital Requirement (SCR) and Minimum Capital Requirement (MCR). Processing and checking inputs from first line risk owners to enable accurate production of regulatory capital requirement calculations and submissions to the regulator and Allianz Group for all relevant UK entities. Support the calibration of local model components.
• Financial Risk Reporting: Support effective and timely risk management reporting to the business.
• ORSA Process: Contribute to the Own Risk and Solvency Assessment (ORSA) process by supporting future capital requirement projections and stress and scenario testing production (including Natural and Man-Made Catastrophe modelling).
• Exposure Management Support: Support the exposure management reporting and scenario analysis for Allianz UK to meet local and Group requirements.

Essential Skills

• Knowledge and capability of market leading data processing and analytics tools e.g. R, SQL, Python, Power BI
• Experience and knowledge of best practice data management, extraction, analysis, manipulation and database connectivity
• Strong interpersonal skills and collaborative and enthusiastic team player.
• Quick to learn and able to prioritise activities.
• Strong communication (written and verbal).
• Degree qualified or relevant experience
• Data analytics experience within insurance or financial services.

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.

Email: [e-mail]

For any inquiries or to submit your application, please contact: Cathryn Thomas

If you are an at-risk candidate facing potential redeployment, please include this information in your CV.

Closing date 30 September 2025

We reserve the right to close the advert early if we reach enough applications.