Principal Pricing Analyst

Allianz UK; Greater London; Hybrid; GBP 60,000 - 95,000; Full time

Benefits offered by this job

Flexible benefits

Hybrid working

Annual performance related bonus

Contributory pension scheme

Development days

Discount on insurance products

Retail discounts

Volunteering days

Job summary

Allianz UK is seeking a Principal Pricing Analyst to join the Broker home Pricing team on a hybrid basis from London, Bournemouth, Chelmsford or Birmingham. You will review risk model updates, work with cross-functional teams, and translate data into actionable pricing changes.

The role involves pricing analysis, monitoring underwriting footprint, and supporting product development with regular reporting. Hybrid working and strong career development opportunities are offered.

Qualifications

• Advanced personal lines pricing experience.
• Experience with large data sources; Python/SQL/SAS/Databricks.
• Experience with Willis Towers Watson Radar software.
• Understanding of price components and how to optimise them to meet targets.
• 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 and improve data/processes.
• Collaborate with teams to understand needs, data requirements and modelling outcomes.
• Handle data from source to rating changes, then implement rating updates.
• Analyze data, interpret results and communicate to non-technical audiences.
• Review pricing and underwriting monitors; escalate key points as needed.
• Monitor underwriting footprint and suggest adjustments.
• Define priorities and report on project work and rate reviews.
• Assist with BAU including reporting.

Skills

Pricing experience

Python

SQL

SAS

Databricks

Radar software

Stakeholder management

Statistical modelling

Machine learning

Tools

Python

SQL

SAS

Databricks

Radar software

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.

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

As the Principal Pricing Analyst, you will be responsible for:

• 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.

[e-mail]

Closing date

21/09/26

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

104109 | Actuarial | Professional | Non-Executive | Allianz UK | Full-Time | Permanent

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