Principal Pricing Optimisation Analyst

Allianz UK; Greater London; Hybrid; GBP 54,000 - 74,000; Full time

Benefits offered by this job

Flexible benefits package

Hybrid working

Annual performance bonus

Contributory pension

Development days

Discount on Allianz products

Retail discounts

Volunteering days

Job summary

Allianz UK is seeking a Principal Pricing Analyst to advance our motor pricing optimisation and R&D efforts in a hybrid London role. You will lead ML-driven price optimisation across LV, Allianz Online, and Britannia Car, collaborating with cross‑functional teams and stakeholders.

You will mentor colleagues, share knowledge through training, and drive the pricing strategy across the business, while staying ahead of industry innovations and regulatory considerations.

Qualifications

• Experience in an insurance pricing role creating and using predictive models.
• Proficiency with Databricks, SQL, PySpark or equivalent.
• Ability to review and sign‑off other team members’ data pipelines, models and analyses.
• Knowledge of price optimisation and the UK regulatory environment.
• Extensive understanding of modelling techniques, including GLMs and GBMs, plus a desire to push the boundaries of ML in insurance pricing.
• Proven ability with Willis Towers Watson’s Radar software, using the latest functionality and best practices.
• Proficiency in Excel and MS Office applications.
• Excellent stakeholder management and communication skills.
• Ability to lead projects from inception to delivery within business timelines.
• Willingness to train and mentor colleagues.

Responsibilities

• Lead pricing projects across motor pricing and optimisation.
• Communicate results to stakeholders across the business.
• Mentor and upskill Pricing team members.
• Collaborate with Pricing and Analytics teams to deliver integrated solutions.
• Contribute to Allianz’s pricing strategy and deployment of ML insights.
• Stay updated on ML innovations in insurance pricing.

Skills

Predictive modeling

Machine learning

Stakeholder communication

Project leadership

Pricing strategy knowledge

Model deployment

Education

Bachelor's degree in a quantitative field

Tools

Databricks

SQL

Python

Radar

Excel

MS Office

Job description

Role Description

Ready to shape the future of pricing?

We have an exciting opportunity for a Principal Pricing Analyst to join our Motor Pricing Optimisation and R&D Team. This is a hybrid role based in our London office.

As a Principal Pricing Analyst, you will use machine learning techniques and insurance market knowledge to develop and implement price optimisation across our leading retail motor brands: LV, Allianz Online, and Britannia Car. You’ll plan and lead projects that bring together technical experts, and communicate the results to stakeholders across the business. As a trusted subject matter expert in your chosen field, you will act as a consultant to teams across Pricing, and provide training and mentoring to upskill colleagues.

Be part of a team that’s driving innovation!

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

By working in the Optimisation team, you’ll be bringing together all the elements of the price, collaborating with experts in teams across pricing, contributing the Allianz’s pricing strategy, and opening doors for future career opportunities both in Allianz UK and globally.

Salary Information

Pay: Circa £64,000 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

As a Principal Pricing Analyst, you’ll have experience working in insurance and data science, and you’ll be looking to take the next step in your career to use your experience to take charge of major projects and to influence Allianz’s strategy for Motor pricing.

You understand that machine learning is a fast-developing field, and you relish the opportunity to proactively improve your knowledge and keep abreast of the latest innovations.

You’ll use that expertise to advise other teams and apply it to the full model building workflow – from data extraction to model deployment.

You’ll have excellent communication and stakeholder management skills that you’ll utilise to explain complex results to non‑technical audiences, and to coordinate project teams of technical experts.

You’ll also be keen to share your in‑depth knowledge to inform and inspire others through training and mentoring.

Essential Skills

We don't expect you to know everything from day one, but you should be able to demonstrate the following:

• Experience in an insurance pricing role creating and using predictive models in a programming language such as WTW Emblem, WTW Radar, or Python.
• Proficiency in data pipeline and analysis tools, e.g. Databricks, SQL, PySpark, or equivalent.
• Capability to review and sign‑off other team members’ data pipelines, models and analyses, to build and maintain high‑quality, reliable, sustainable pricing processes.
• Knowledge of price optimisation and the UK regulatory environment.
• Extensive understanding of modelling techniques, including GLMs and GBMs, plus a desire to push the boundaries of the applications of machine learning to insurance pricing.
• Proven ability in Willis Towers Watson’s software Radar, using the latest functionality and championing best practice.
• Proficiency in Excel and MS Office applications.
• Ability to build and maintain relationships throughout both the Pricing Department and the wider business.
• Experience of planning and managing projects from inception to completion within business timelines.
• A passion for sharing technical knowledge in an informative and engaging way to upskill the Pricing team and build Allianz’s reputation as an industry leader in price optimisation.
• Comprehensive understanding of the factors that affect an insurance price and the elements of a customer lifetime value.

Desirable Skills

• Comprehensive experience of price optimisation in personal lines insurance. The ability to slot into the Pricing team as a subject matter expert in your area of expertise.
• Experience of responsible Artificial Intelligence usage for pricing and personal productivity tasks (e.g. coding) and willingness to explore the boundaries of its capability.
• Knowledge of Agile project management tools and processes, e.g. Jira.

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.

Contact our Resourcing team to opt into this scheme or for any assistance with during the recruitment process including larger text, hard copies, or spoken applications. [e-mail]

For any inquiries or to submit your application, please contact: Matthew Mckevitt

Closing date 25/09/26

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

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