Principal Pricing Analyst

Allianz UK; Birmingham; Hybrid; GBP 65,000 - 95,000; Full time

Benefits offered by this job

Hybrid working

Flexible working options

Training and development

Job summary

Allianz UK is seeking a Principal Pricing Analyst to join the Broker home Pricing team in a hybrid role. The position involves statistical analysis, data-driven recommendations, and collaboration with stakeholders to improve pricing and products for customers and brokers.

You will work across data sources from source to modelling rating changes, supporting BAU activities and identifying opportunities to optimise the underwriting footprint and pricing strategy.

Qualifications

• Advanced personal lines pricing experience.
• Experience working with large data sources and coding languages (Python, SQL, SAS, Databricks).
• Experience with Radar software from Willis Towers Watson.
• Strong stakeholder management and ability to explain technical concepts to non-technical audiences.
• Knowledge of statistical modelling methods and machine learning techniques.

Responsibilities

• Review impact and implementation of risk model updates; seek data/process improvements.
• Collaborate with teams to understand needs, data requirements and modelling outcomes.
• Handle data from source to rating changes and implement adjustments.
• Analyse data, interpret results, and communicate to non-technical audiences.
• Regularly review pricing and underwriting monitors and escalate key points.

Skills

Advanced pricing

Python/SQL/SAS/Databricks

Radar software

Stakeholder management

Statistical modelling

Data interpretation

Tools

Willis Towers Watson Radar

Job description

Ready to shape the future of pricing? We have a new opportunity for a Principal Pricing Analyst to join our Broker home Pricing team. This is a hybrid role, with the flexibility to be based from one of our offices in London, Bournemouth, Chelmsford or Birmingham.

As a Principal Pricing Analyst, you will play a significant role in decision making; carrying out statistical analysis and making recommendations to stakeholders to improve the pricing and products we offer to our customers and brokers.

Be part of a team that’s driving innovation!

At Allianz UK, your growth is our priority. From global training through the P&C Academy to actuarial study support, we equip you with the tools to thrive. You’ll unlock premium access to platforms like DataCamp, Databricks Academy, and LinkedIn Learning, plus gain insider knowledge through expert-led insight sessions that sharpen both your technical edge and commercial impact.

Salary Information

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

About You

• Assisting in reviewing the expected impact and implementation of risk model updates – continually looking to improve data and processes
• Working with different teams and stakeholders to achieve an understanding of their needs, data requirements and expected modelling outcomes
• Getting hands‑on with data from its source right through to modelling rating changes and then implementation of changes in rating
• Analysing data, interpret output and communicate results to a non‑technical audience
• Regularly review pricing and underwriting monitors, ensuring key points are escalated
• Proactively monitor underwriting footprint and recommend adjustments to footprint
• With your manager, define, set priority and report on status of project work and rate reviews / analysis to support product and pricing development
• Assisting with BAU including reporting.

Essential Skills

• Advanced personal lines pricing experience
• Proven experience in working with large data sources and a good command of Python, SQL, SAS, Databricks or similar coding languages
• Experience of Willis Towers Watson Radar software
• Good understanding of the various elements of the price 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

Desirable Skills

• Demonstrable understanding of the various elements of a Technical Price, including business expenses, other costs and actuarial/inflation assumptions
• Responsible Artificial Intelligence usage

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.