Principal Technical Pricing Analyst

Role Description

Allianz are currently seeking a highly skilled Principal Pricing Analyst to join their Home Technical Pricing team and contribute to our success by developing sophisticated pricing models and strategies.

This role will be hybrid from our offices in either Birmingham, Bournemouth or London.

The Principal Pricing Analyst in our Home Technical Pricing Team will be responsible for building and implementing advanced pricing models to optimize our product offerings and enhance profitability.

You’ll participate in the Allianz Global P&C Academy, enhancing your skills in underwriting, risk engineering, pricing, and claims management while exchanging best practices across the Allianz Group. Allianz Insurance supports professional qualifications, such as IFoA and CII, where considered appropriate for the business and the individual.

Our team values continuous learning, you can enjoy free access to top training platforms like Data Camp, Databricks Academy, and Linked In 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.

Pay :
Circa £63,000 per year.

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

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

• Playing a leading role in the development, enhancement and review of our pricing models, including design of modelling plans, data preparation, creation of models and overlaying wider techniques (e.g. credibility).
• Contributing to the development of pricing structures and strategies to achieve growth and profitability objectives.
• Be involved in back testing and analysis of the impact of the models to propose necessary adjustments to the price.
• Ensuring business objectives are clearly understood when planning projects, and our technical deliveries are robust with clear communication to stakeholders to drive adoption.
• Driving innovation and an increased sophistication into our Pricing approach, including managing projects to provide new insight through additional data sources.
• Sharing and promoting knowledge, skills and best working practices within the team.
• Deputising for the manager and supporting the development of junior members of the team.

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 Advanced Excel, Python, SQL, SAS, Databricks or similar coding languages.
• Experience of WTW’s Radar and 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.

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

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…