Principal Pricing Optimisation Analyst

Allianz; Lower Blandford St Mary; Hybrid; GBP 90,000 - 130,000; Full time

Benefits offered by this job

Hybrid working

Performance bonus

Pension scheme

Flexible benefits

Job summary

Allianz UK seeks a Principal Pricing Optimisation Analyst to lead price optimisation for Broker Home products across multiple offices in London, Birmingham, Bournemouth, Chelmsford or Leeds. The role blends technical analytics with stakeholder advisory, mentorship, and cross-team collaboration to shape pricing strategy and drive business impact.

You will headline major projects, mentor colleagues, and translate complex results into practical recommendations for non-technical audiences while

Qualifications

• 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 high-quality pricing processes.
• Knowledge of price optimisation and the UK regulatory environment.
• Understanding of modelling techniques including GLMs and GBMs, with ML applications in insurance pricing.
• Experience in Willis Towers Watson's Radar software or equivalent packages.
• Proficiency in core MS Office applications.
• Ability to build relationships across Pricing and the wider business.
• Experience of planning and managing projects from inception to completion.

Skills

Pricing models

Stakeholder management

Statistical modeling

Python

Insurance pricing

Tools

Databricks

SQL

PySpark

Radar

Job description

We have an exciting opportunity for a Principal Pricing Optimisation Analyst to join our Broker Home team. This is a hybrid role and can be based from one of our offices in London, Birmingham, Bournemouth, Chelmsford or Leeds.
As a Principal Pricing Analyst, you will develop and implement price optimisation into our Broker Home products. You'll plan and lead projects 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 collaborating with experts in teams across pricing, you will be contributing to the delivery of Allianz's pricing strategy, whilst opening doors for future career opportunities both in Allianz UK and globally.

Salary Information

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 Home pricing in the Broker channel.
You understand that this 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

• 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. Experience in alternative equivalent software packages may also be acceptable.
• Proficiency in core 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.

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