Senior Pricing Analyst - Technical Home (Broker)

TN United Kingdom; Bournemouth; Hybrid; GBP 50,000; Full time

Job summary

An established industry player is seeking a Senior Pricing Analyst to join their dynamic team. This role is pivotal in developing pricing models and analyses that drive market strategies. You will leverage statistical modeling and machine learning techniques to enhance pricing strategies while collaborating with various teams. The company emphasizes continuous learning, offering access to top training platforms and a supportive environment for professional growth. With flexible working options and a commitment to diversity and inclusion, this opportunity promises a fulfilling career path in a forward-thinking organization.

Benefits

Flexible buy/sell holiday options

Annual performance related bonus

Contributory pension scheme

Discounts on insurance products

Qualifications

• Strong knowledge of statistical models, especially GLMs and GBMs.
• Experience with large data sources and coding languages like Python and SQL.

Responsibilities

• Assist in planning and executing risk model updates.
• Analyze data and communicate results to non-technical audiences.
• Build and test statistical models and machine learning algorithms.

Skills

Statistical modelling methods

Machine learning techniques

Python

SQL

SAS

Stakeholder management

Data analysis

Education

Degree in Mathematics, Statistics, or related field

Tools

Willis Towers Watson software (Radar, Emblem)

DataCamp

Databricks Academy

LinkedIn Learning

Job description

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Senior Pricing Analyst - Technical Home (Broker), Bournemouth

Location: Bournemouth, United Kingdom

Job Category:

Other

EU work permit required:

Yes

Job Reference:

f56487a989d3

Job Views:

2

Posted:

13.04.2025

Expiry Date:

28.05.2025

Job Description:

Role Description

We have a new opportunity for a Senior Pricing Analyst – Technical Pricing, based in Birmingham and Bournemouth. There are also offices in Leeds and London.

You will play a key role in planning and delivering models and analysis that underpin the prices we take to market. This work will require a good understanding of both statistical modelling methods and more innovative machine learning techniques.

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 50,000 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 the Senior Pricing Analyst you will be responsible for;

• Assisting in planning and carrying out 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 and then implementation in rating
• Analysing data, interpret output and communicate results to a non-technical audience
• Building and testing Statistical models and machine learning algorithms
• Working with Data Enrichment team to obtain and use third-party and internally-generated data sources to enhance models
• Supporting the business in the deployment of its data solution
• Assisting in coaching and developing other colleagues within the team to ensure constant up-skilling.

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

• Solid knowledge of relevant statistical modelling methods – in particular GLMs
• Knowledge of relevant machine learning techniques – in particular GBMs
• Proven experience in working with large data sources
• Good command of Python, SQL, SAS or similar coding languages
• Experience of Willis Towers Watson software such as Radar or Emblem
• Good understanding of the various elements of a Technical Price, including business expenses, other costs and actuarial/inflation assumptions
• Good stakeholder management skills, including communication, expectation management and the ability to convey technical concepts to a non-technical audience
• Ability to build and maintain relationships throughout both the Pricing Department and the wider business

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
• Annual performance related bonus
• Contributory pension scheme
• A discount up to 50% on a range of insurance products including car, home and pet

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.

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.