Principal Pricing Analyst - Motor Technical Pricing

Role Description

LV=GI have a new opportunity for a Principal Pricing Analyst within our Motor Technical Pricing team covering our office in London.

You’ll be working with the wider Pricing team and Data Science team to develop and implement best practices. You'll deliver project work and analysis to agreed business timescales, influence and interpret project requirements from Pricing meetings and document important decisions and challenges from the senior stakeholders. In addition to this you will build and maintain relationships with teams involved in the Pricing end-to-end delivery process and across the company.

You'll participate in the Global P&C Academy accreditation, enhancing your skills in underwriting, risk engineering, pricing, and claims management while exchanging best practices across the Allianz Group. Furthermore, for pricing-based roles, Allianz Insurance offers a generous study package to enable the actuarial qualification to be obtained through the Institute and Faculty of Actuaries in the UK.

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 £63,000 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

As the Principal Pricing Analyst you will be responsible for;

• Assisting in planning and carrying out risk model updates – continually looking to improve data and processes.
• Working with different teams and stakeholders to achieve an understanding of their needs, data requirements and expected modelling outcomes.
• Getting hands-on with data from its source right through to modelling and then implementation in rating.
• Analysing data, interpreting output and communicating results to a non-technical audience.
• Building and testing Statistical models and machine learning algorithms.
• Working with Data Enrichment team to obtain and use third-party and internally generated data sources to enhance models.
• Supporting the business in the deployment of its data solution.
• Assisting in coaching and developing other colleagues within the team to ensure constant up-skilling.
• Assisting with BAU including reporting.

Essential Skills

We don't 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 Willis Towers Watson software such as 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 skills, including communication, expectation management and the ability to convey technical concepts to a non-technical audience.
• Ability to build and maintain relationships throughout both the Pricing Department and the wider business.

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