Principal Pricing Analyst

Allianz; Greater London; Hybrid; GBP 70,000 - 110,000; Full time

Benefits offered by this job

Flexible holiday options

Hybrid working

Bonus scheme

Contributory pension

Development days

Discount on insurance products

Retail discounts

Volunteering days

Job summary

Allianz UK is hiring a Principal Pricing Analyst to join the Non-Standard Motor Portfolio team in London or Chelmsford on a hybrid basis. You’ll leverage insurance market knowledge and pricing expertise to develop and implement rating proposals aligned with business objectives, collaborating with the Broker business and Technical Excellence Pricing teams.

You will lead pricing analysis, coordinate technical projects, and support product and pricing development while building strong stakeholder

Qualifications

• Experience with large data sources and programming languages (Python/SQL).
• Familiarity with Willis Towers Watson Radar software.
• Understanding of price components and optimization to meet business targets.
• Strong stakeholder management and ability to explain technical concepts to non-technical audiences.
• Knowledge of statistical modelling methods and machine learning techniques.

Responsibilities

• Carrying out and supporting the team to deliver pricing analysis.
• Coordinating delivery of technical pricing projects to improve underwriting performance and adhere to data controls.
• Defining, prioritising, and reporting on status of pricing projects and rate reviews.
• Supporting Pricing meetings by presenting and contributing to outcomes.
• Coaching and developing colleagues to enable continuous up-skilling.

Skills

Python

SQL

Databricks

Stakeholder management

Statistical modelling

Machine learning

Tools

Willis Towers Watson Radar

Job description

Role Description

We have a new opportunity for a Principal Pricing Analyst to join our Non-Standard Motor Portfolio team in London or Chelmsford on a hybrid basis.

You will use your insurance market knowledge and pricing expertise to develop and implement rating proposals that enable us to deliver on our business objectives. We work closely with the wider Broker business to manage our Trading performance and with our Technical Excellence Pricing colleagues, so building and maintaining strong relationships is key to us achieving our goals.

Be part of a team that’s driving innovation!

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

Your role will vary day to day, but here is a bit of what you can expect:

• Carrying out and supporting the team to deliver pricing analysis
• Coordinating the delivery of technical projects to improve underwriting performance against common technical modelling standards and adherence to data controls
• Defining, setting priority and reporting on status of project work and rate reviews / analysis to support product and pricing development
• Supporting manager in Pricing meetings through presenting and contributing to outcomes
• Assisting in coaching and developing other colleagues within the team to ensure constant up-skilling.

Essential Skills

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

• Proven experience in working with large data sources and a good command of Python, SQL, 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

• 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.

Inclusive Support & Accessibility

At Allianz, we are committed to fostering building an inclusive, accessible workplace where everyone can thrive. As a Disability Confident employer, we welcome applications from disabled and neurodivergent candidates and offer tailored adjustments throughout the recruitment process and in the workplace, whether that’s assistive technology, ergonomic equipment, flexible working arrangements, mentoring or coaching. We want to encourage candidates to speak with us about any adjustments they may need. We’re here to support you.

If you have a disability or long‑term health condition and meet the essential criteria, you can choose to be considered through our Offer an Interview Scheme.

Closing date 16/11/26

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

#LI-Hybrid

104174 | Actuarial | Professional | Non-Executive | Allianz UK | Full-Time | Permanent