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Senior technical pricing analyst

Birmingham (West Midlands)
Pricing analyst
Posted: 3h ago
Offer description

Allianz are currently seeking a highly skilled Senior 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 Senior 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 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 Your role will vary day to day, but here is a bit of what you can expect: • Playing a major role in the development and enhancement 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. • Confidently planning and managing your own projects, and ensuring our technical deliveries are robust with clear communication to stakeholders. • Contributing to innovation and increased sophistication in our Pricing approach, including supporting projects to provide new insight through additional data sources. • Sharing and promoting knowledge, skills and best working practices within the team. Essential Skills We dont 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 and communication skills, including the ability to convey technical concepts to a non-technical audience. • Ability to build and maintain relationships throughout the Pricing Department. 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 • 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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