Principal Pricing Analyst - Retail Motor Portfolio Pricing

Allianz; London; Hybrid; GBP 65,000; Full time

Job summary

A leading insurance provider is seeking a Principal Pricing Analyst for their Retail Motor Portfolio Pricing team in London. This role involves optimizing pricing strategies using extensive data analysis and coding skills while collaborating closely with stakeholders. The position offers professional development through various training opportunities, including actuarial qualifications. In addition to a competitive salary, the candidate will enjoy flexible benefits and a focus on work-life balance.

Benefits

Flexible buy/sell holiday options

Annual performance-related bonus

Contributory pension scheme

Discounts on insurance products

Access to training platforms

Qualifications

• Experience with large data sources required.
• Proven command of Python, SQL, SAS, or similar coding languages.
• Understanding of pricing optimization to meet business targets.

Responsibilities

• Delivering pricing analysis and coordinating technical projects.
• Reporting on status of project work and pricing strategy.
• Coaching and developing team members to enhance skills.

Skills

Stakeholder management

Data analysis

Pricing analysis

Python

SQL

Machine learning techniques

Education

Actuarial qualification

Tools

Willis Towers Watson software suite

Job description

5 days ago Be among the first 25 applicants

We have a new opportunity for a Principal Pricing Analyst to join our Retail Motor Portfolio Pricing team in London on a hybrid basis. As motor is our largest product, this role offers the opportunity to drive innovation that adds significant value to the business.

You will use your insurance market knowledge and pricing expertise to develop and implement optimisation strategies that enable us to deliver on our business objectives. We work closely with the wider Retail 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.

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 £65,000 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

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

• Carrying out and support 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, SAS or similar coding languages
• Experience of Willis Towers Watson software suite mainly focused on Radar and Emblem
• 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
  
  

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.

Diversity & Inclusion

At Allianz, we prioritize diversity and inclusion, 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: Matthew Mckevitt

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

Closing Date: 05/06/25

Join us - Let’s Care for Tomorrow

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Marketing and Sales

• Industries

  Financial Services and Insurance

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