Pricing Analyst

Allianz

  • Birmingham
  • £40,000 per year
  • Permanent
  • Full-time
  • 6 days ago
Role DescriptionJoin our dynamic team at Allianz UK Personal as an experienced Pricing Analyst, where you'll play a crucial role in shaping our pricing strategies and ensuring competitive offerings in the insurance market. As a Pricing Analyst, you will be responsible for analysing data, developing pricing models, and providing insights that drive business decisions.You will collaborate closely with cross-functional teams to optimize pricing structures and enhance profitability while maintaining customer satisfaction. This is an exciting opportunity to contribute to the growth and success of one of the leading insurance providers in the UK.Salary InformationPay: Circa £40,000 per year.Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.Key Accountabilities
  • Develop and maintain pricing models that accurately reflect market conditions and customer behavior.
  • Conduct thorough data analysis to identify trends, patterns, and opportunities for pricing optimization.
  • Collaborate with underwriting, product development, and marketing teams to align pricing strategies with business objectives.
  • Monitor and evaluate the performance of pricing strategies, making adjustments as necessary to achieve desired outcomes.
  • Provide detailed reports and presentations to senior management, highlighting key insights and recommendations.
  • Ensure compliance with regulatory requirements and internal policies in all pricing activities.
  • Continuously seek opportunities for process improvement and innovation in pricing methodologies.
  • Support the development and implementation of new products and pricing initiatives.
Experience
  • Proven experience in a pricing, actuarial, or analytical role within the insurance industry.
  • Strong understanding of insurance products and market dynamics.
  • Demonstrated ability to analyze complex data sets and generate actionable insights.
  • Experience in developing and implementing pricing models and strategies.
  • Excellent communication skills, with the ability to present findings and recommendations to stakeholders at various levels.
  • Ability to work collaboratively in a team environment and manage multiple projects simultaneously.
  • Bachelor's degree in Mathematics, Statistics, Economics, Finance, or a related field desirable.
Technical Skills
  • Proficiency in statistical software and data analysis tools such as SAS, R, Python, or similar.
  • Advanced Excel skills, including the ability to create complex formulas and perform data analysis.
  • Familiarity with data visualization tools such as Tableau or Power BI.
  • Strong analytical and problem-solving skills, with a keen attention to detail.
  • Knowledge of machine learning techniques and their application in pricing analysis is a plus.
  • Understanding of regulatory requirements and compliance in the insurance industry.
What We Will Offer YouRecognised 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 WorkingDo 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.Integrity, Fairness, Inclusion & TrustAt Allianz, we believe in fostering an inclusive workforce and are proud to be an equal opportunity employer. Our commitment to equal opportunities, gender equity, and balanced gender representation, is 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 AllAs 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: Charlotte WhalleyIf you are an at-risk candidate facing potential redeployment, please include this information in your CV.Closing date Insert closing date 15th SeptemberWe reserve the right to close the advert early if we reach enough applications.Join us - Let’s Care for Tomorrow.#LI-Remote#LI-Hybrid#LI- Onsite80910 | Actuarial | Professional | Non-Executive | Allianz UK | Full-Time | Permanent.

Allianz