Senior Pricing Analyst

Job description

Location: Guildford/hybrid

Salary: Dep on exp + annual bonus + benefits

 

Who we are

Allianz is a global insurance company serving across 70 different countries, but from the very first day you join our team you’ll know that your contributions are valued. We offer world class learning and career development opportunities, while we celebrate an inclusive culture.

 

Role description

 

The purpose of the Senior Pricing Analyst is to carry out detailed and sophisticated analysis in order to support the Underwriting and Technical function in achieving the underwriting performance metrics detailed in the Corporate Plan. The Senior Pricing Analyst will be constantly seeking to innovate across all aspects of pricing, including data, software tooling, technical approaches and the best means of collaboration with other teams to deliver our pricing sophistication to market.

 

***We are currently looking for 2 Senior Pricing Analysts:

 

Senior Pricing Analyst – Radar

·  Mapping existing UK rating algorithms into a Group Radar approach so that we can harmonise our rates across all Group operating entities.
·  Analysing the impact of moving rates from UK rating engine into the Group Radar model. Presenting the impact analysis to colleagues and eventually to senior stakeholders for sign off.
·  Supporting integration of an Uw front end with the new Group Radar. Will include significant integration testing e.g. comparing xmls of interim values against expected values to identify integration errors.
·  Deployment support in a project environment e.g. producing test packs and working with the team to ensure they are correctly keyed in.

Senior Pricing Analyst – Technical

·  Play a leading role in the development and enhancement of our pricing models
·  Contribute to the development of pricing structures and strategies to achieve growth and profitability objectives
·  Ensuring technical components delivered meet Allianz Group Technical Excellence standards and enable our Pricing capabilities to become ‘certified’
·  Driving innovation and an increased sophistication into our Pricing approach, including managing projects to provide new insight through additional data sources
·  Share and promote knowledge, skills and best working practices within the team

 

60652 | Actuarial | Professional | Allianz UK | Full-Time | Permanent
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Key accountabilities

 

·  Sources and processes appropriate pricing data (internal and external) into a format suitable for analysis.
·  Develops new and innovative pricing models and algorithms in order to place the Company at the forefront of sophistication in the marketplace.
·  Monitors and controls existing pricing structures within the relevant pricing platforms where appropriate.
·  Where relevant to the role, represents the team in relevant cross-functional forums and acts as the team lead on projects to develop and deploy more sophisticated, rating engines, algorithms and pricing data sets.
·  Collaborates with stakeholders in rating systems delivery to ensure an efficient and accurate implementation of products and rating to market.
·  Contributes to the content of formal meetings by performing analysis, preparing results and presenting results as required.
·  Carries out peer review of work carried out by other analysts and coaches less experienced analysts in
order to support their technical development.

 

 

About you

 

·  Understands key processes, procedures and targets and is able to communicate effectively with key stakeholders.
·  Understands how own/the team’s work contributes to business performance and customer outcomes.
·  Strong analytical and data interpretation skills with the ability to communicate findings to technical and non-technical audiences.
·  Interprets rules and guidelines properly to support decisions.
·  Full working knowledge of tools appropriate to lines of business worked on (e.g. MS Excel, VBA and SAS (Enterprise Guide and/or Base), Willis Towers Watson Emblem, Classifier and Radar, Micro-strategy).
·  Relevant Underwriting Academy modules completed or working towards.
·  Financial Principles and Pricing Techniques completed or working towards.
·  Progression towards ACII qualification or actuarial qualification.
·  Experience in training and coaching junior team members in analysis and use of analysis software.

 

 

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:

 

·  Annual bonus scheme
·  25 days holiday plus bank holidays
·  Contributory pension scheme
·  Life cover
·  Group Income Protection
·  Flexible buy/sell holiday options
·  Flexible working arrangements
·  A discount up to 50% on a range of insurance products including car, home and pet
·  Retail discounts

 

Our ways of working

Do you need some 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.

 

Our Purpose and Values

We secure your future

Be Brave | With Heart | Everyone Counts | Inspiring Trust

Our purpose and values are more than just words on a website - they are the why and how of Allianz. They influence everything we do and guide us how to do it. Created by our people, for our people, they shape our culture, bring us together, and inspire us to be the best. Building an inclusive culture for us all to succeed.

 

Diversity & Inclusion

At Allianz, we value diversity and inclusion and back this up with our accreditations. Allianz is EDGE certified for gender inclusion, members of the Women in Finance Charter, members of the Stonewall Diversity Champion programme, signatories of Business in the Community’s Race at Work Charter, and an Armed Forces Covenant gold standard employer.

 

We have a range of employee networks focusing on gender inclusion, cultural diversity, LGBTQIA+, disability and long term health conditions (including neurodiversity), intergenerational and life stages, parents and carers, mental wellbeing, menopause support and armed forces and veterans, all supporting you to bring your best and authentic self to work.

 

Join us - Let’s Care for Tomorrow