Allianz
Trainee Pricing Analyst
Job Description
57838 | Actuarial | Entry Level | Non-Executive | Allianz UK | Full-Time | Permanent
Role Description
An exciting opportunity has arisen for a Pricing Analyst to join our growing Animal Health Pricing Team. The team is responsible for building technical Pricing models and monitoring the risk to support the market leading brand PetPlan as well as our growing LV pet proposition. Our team is at the heart of achieving the company’s strategy and it is an exciting time for you to join and shape the future of our business.
This is a Guildford based role on a hybrid working model (you will be required to work from the Guildford office every Thursday).
Why a Pricing role at Allianz:
Pricing will play a key role in delivering this ambition. We are looking for individuals who have an eye for detail, love working with technology and have a passion for analysing data. You’ll be at the sharp end of our business, delivering analytical models that are used to drive commercial decisions, solve challenging problems, and deliver enhancements to our products and pricing techniques.
A great advantage of being a member of the Animal Health Pricing team is the extensive training provided. The UK team has collaborated with the worldwide Allianz Group, to deliver an accreditation scheme designed to train you in all aspects of pricing. From data science modelling in cutting edge software to automating optimisation calculation routines honed across global markets.
As a valued member of the team you will:
- Build sophisticated technical Pricing Models using Willis Tower Watson tools (Emblem and Radar) and Machine Learning;
- Be part of strategic projects to create tariff of new products;
- Monitor carefully the risk of our existing products and share any statistical analysis with other teams;
- Be part of many projects involving Machine Learning: Data preparation, Classification and Regression Models, Automation, Risk monitoring
- Consider any market disruptions (Covid, Economic crisis) that impact our models
- Support initiatives to maintain our “Excellent” Technical Price Certification;
- Share and promote knowledge, skills and best working practices within the team;
- Be fully supported in your development and wider career ambitions
- Be part of a motivated an exciting team where the word boring does not exist !
About You
- This is a great role for someone looking to develop their data and analytics skills to drive and improve business outcomes. To be successful in this role you will have the following;
- Strong problem solving skills, logically working through scenarios and thinking multiple steps ahead to understand potential impacts
- Experience of using data analytics tools for example SAS, Python, R, SQL, Excel, VBA or WTW tools.
- Experience of using machine learning. (an advantage)
- Strong analytical and data interpretation skills when working with large volumes of complex data
- Ability to communicate findings to technical and non-technical audiences
- Business acumen as well as a basic understanding of the insurance sector
- You will be qualified to degree level and have a high degree of numerical ability : E.g. Mathematics, Actuarial, Economics, Statistics
- You embrace innovation and like challenges
- You take ownership of your projects
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:
- 25 days holiday
- 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
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.
Diversity & Inclusion
At Allianz, we prioritize diversity and inclusion, 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 All
As 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.
Join us – Let’s Care for Tomorrow.
