Want to play a key role in transforming pricing for one of the UK’s largest insurers? Join Allianz and be part of a Global organisation that is committed to defining new standards for Commercial pricing capability and heavily investing in tools and people to deliver it.

An exciting opportunity has arisen for a Principal Pricing Analyst (Risk Pricing). You will play a key role in developing our pricing capability, building our tools and establishing smart ways of working that sets us up for a successful future. This includes leading the development of risk models to accurately price business and produce analysis to understand the impact of price changes, from both a business and customer perspective, supported by pricing analysts. 

Pricing plays a key role in delivering the Commercial Strategy. You will be required to apply your technical modelling skills to ensure we have an accurate understanding of ultimate cost and the risk factors driving it. You’ll also be at the sharp end of our business, delivering analysis that is used to drive commercial decisions, solving challenging problems, and delivering enhancements to our products and pricing techniques.

You will work with a range of teams including Data, Portfolio Management and Underwriting to implement new pricing models to support business and customer needs. There are also opportunities to be part of a Global community to develop pricing best practice and international career paths.

Working closely with colleagues, you will:

• Play a leading role in the development of pricing structures and strategies to achieve growth and profitability objectives
• Lead the development and enhancement of our pricing models
• Evaluate new data, tools and techniques to enhance our pricing capability
• Uphold Allianz’s values and standards including our commitment to fair customer outcomes
• Share and promote knowledge, skills and best working practices within the team

Skills & Experience:

To be successful in this role you should have:

• An actuarial qualification or equivalent experience
• A minimum of five years general insurance pricing experience
• Strong data and analytical skills, working with large volumes of complex data, using data analysis tools such as SAS, Python, R, SQL, Excel, VBA
• Substantial experience using Emblem to create and refresh risk and demand models
• Ability to communicate findings to technical and non-technical audiences and influence stakeholders
• Strong problem solving skills
• Business acumen as well as an understanding of the insurance sector
• A high degree of numerical ability

What can we offer you:

We believe you should be well rewarded for the passion and enthusiasm you put into your work. So we provide competitive remuneration and benefits to suit your needs. Just pick the benefits which suit you best so you end up with a package that’s perfect for you:

• Flexible working – split between home and up to 1-2 days a week in our Guildford office
• Full-time, part-time and job share arrangements considered
• Competitive salary plus great benefits
• Annual bonus based on business and personal performance
• Up to 25 days holiday per year plus a day for your birthday. Option to buy/sell up to 5 additional days
• Generous pension contributions from day 1 - 3% employee contribution and we will contribute an additional 5%. If you wish to contribute more Allianz will match this up to a maximum of an additional 5% (10% in total). After 3 years the company contributions increase to 8% and after 5 years to 10%.
• Development days – we actively support your personal development with training, Allianz Pricing Academy, professional qualifications.
• Volunteering – employees can take part in volunteering activities for up to ten hours per year.
• A discount up to 50% on a range of insurance products including car, home and pet
• A range of optional flexible benefits that you can select