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Motor pricing manager

Birmingham (West Midlands)
Pricing manager
Posted: 23h ago
Offer description

Allianz Personal are looking for a Pricing Manager to join our Retail Team. Were seeking a true expert who will take the responsibility for delivering the financial targets of our Motor products being distributed via our Partnerships network. Based in our London or Birmingham offices on a hybrid basis, youll work closely with the wider Pricing team to help us shape the future path of Pricing by integrating our models into customer rating and accurately manage the insurance risk of the business we write. The role sits within the Retail Pricing Portfolio team, and involves managing a team of analysts, as well as forming relationships across numerous teams and departments within both AZP and Allianz Group. About You Your role will vary day to day, but here is a bit of what you can expect: • Deputising for the relevant Head of Partnerships Pricing, and contributing to the product underwriting strategy. • Defining and delivering pricing analysis projects to improve underwriting performance whilst supporting GWP targets through competitive product/price positioning. • Involved in the tendering and onboarding of new partners, as well as developing and improving the performance on existing partners. • Inputting into product development, by primarily identifying innovative underwriting segmentation improvements to support volume growth and profitability ambitions. • Establishing a robust rate relativity review process to optimise the conversion and profitability of individual risk segments within the portfolio. • Reviewing overall product and individual scheme profitability, providing necessary pricing input into the budget planning process for existing lines, and the evaluation of new schemes or partnership bids. Essential Skills • Solid pricing portfolio expertise with experience in challenging the status quo to introduce innovation • Experience within pricing and delivering the financial targets using Risk Premium models from other teams, coupled with commercial awareness of the Motor market. • Previous exposure to the use of Radar, Databricks and Machine Learning models or transferable equivalents in an insurance setting. • Experience of managing and mentoring junior team members, as well as being a role model. • Strong stakeholder management skills, with the ability to build and maintain effective relationships across pricing teams and other business functions. Desirable Skills • Ideally, youll have previous experience with the Motor insurance product, however well consider candidates from other backgrounds such as Home or other types of Motor insurance. • Prior experience or strong awareness of Pricing Optimisation techniques and how it can impact on best rates to go to market. What We Will Offer You Recognied 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

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