Motor Senior Risk Selection Analyst

Allianz; Birmingham; Hybrid; GBP 50,000; Full time

Job summary

A leading insurance provider in Birmingham is seeking a Risk Selection Senior Analyst to join their Motor Risk Selection team. This hybrid role involves analyzing underwriting risks and enhancing pricing strategies. Ideal candidates will demonstrate skills in data analytics, pricing, and a strong understanding of underwriting rules. The position offers competitive pay, flexible benefits, and opportunities for continuous learning through various trainings.

Benefits

Annual performance related bonus

Contributory pension scheme

Discount on insurance products

Flexible holiday options

Hybrid working

Volunteering days

Qualifications

• Ability to assess underwriting risks effectively.
• Strong background in data analytics and statistics.
• Experience in pricing and product structures.

Responsibilities

• Support management of underwriting rules for retail products.
• Analyze opportunities to expand or contract underwriting footprint.
• Monitor quotability and report on KRIs.
• Create and implement changes to underwriting rules.

Skills

Expert in underwriting

Data analytics

Judgment for assessing risks

Commercial proposals

Innovation advocacy

Job description

Role Description

We are looking for a Risk Selection Senior Analyst to join a newly created Motor Risk Selection team within the Retail Portfolio Pricing and Underwriting team. This is a hybrid role and can be worked from one of our offices in London, Birmingham, Leeds or Bournemouth.

We're excited to bring together the disciplines of pricing and portfolio underwriting into one Retail Portfolio Pricing and Underwriting team. We believe that to be the best in the business, it's critical to blend these skills together. The team will be responsible for direct motor and road rescue products under the Allianz brands. The team will be multi-skilled in pricing, underwriting and data analytics.

You'll participate in the Global P&C Academy accreditation, enhancing your skills in underwriting, risk engineering, pricing, and claims management while exchanging best practices across the Allianz Group. Furthermore, for pricing-based roles, Allianz Insurance offers a generous study package to enable the actuarial qualification to be obtained through the Institute and Faculty of Actuaries in the UK.

Our team values continuous learning, you can enjoy free access to top training platforms like DataCamp, Databricks Academy, and LinkedIn Learning. Additionally, we host Lunch and Learn sessions on key business topics hosted by experts across the team and monthly insight sessions, including the Data Science Forum and analyst forum, to refine your technical skills.

Salary Information

Pay: Circa £50,000 per year.

Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.

About You

In this role you will:

• Support the Management of the underwriting rules/footprint for retail motor and road rescue products.
• Analyse opportunities to expand or contract the underwriting footprint.
• Monitor quotability and report on KRIs relating to footprint.
• Create proposals to change underwriting rules.
• Implement changes to the underwriting rules within Radar Live.
• Identify opportunities to adjust the claims cost prediction models where they are less credible.
• Performing actual versus expected claims monitoring process to detect segments where emerging claims information is significantly different from expectation.
• Carrying out "deep dives" into certain niches and recommending changes to the technical cost models based on your analysis and insight.
• Support the development of underwriting capability on retail motor products.

Essential Skills

We don\'t expect you to know everything from day one, but the following will enable you to hit the ground running:

• True expert and an advocate for change and innovation
• Demonstrate the Retail Risk Selection team\'s value to the business
• Can use judgement to assess underwriting risks in new or unusual segments
• Sound commercial proposals
• Keeps track of the competition
• Invested in data analytics and statistics

Expert in at least one of:

• Underwriting guides and rules, product structures and coverage
• Pricing
• Data analytics and statistics

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.

[e-mail]

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 14/11/2025

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

Join us - Let\'s Care for Tomorrow.

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84944 | Actuarial | Professional | Non-Executive | Allianz UK | Full-Time | Permanent