Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join our team to shape pricing excellence and analyse profitability in a global context.
- Company: Allianz Commercial is a leading insurance provider with a focus on innovation and profitability.
- Benefits: Enjoy a full-time, permanent role with opportunities for remote work and professional development.
- Why this job: Be part of an international team driving impactful pricing strategies in a dynamic environment.
- Qualifications: Nearly/newly qualified P&C actuary with strong analytical skills and experience in technical pricing.
- Other info: Collaborate across global teams and enhance your skills in a supportive, innovative culture.
The predicted salary is between 43200 - 72000 £ per year.
We are looking for a Pricing Actuary, based in London. Your Team The Global Property Pricing team is part of the Chief Underwriting Office at Allianz Commercial and is responsible for understanding Allianz Commercial portfolios and their performance and for ensuring the pricing tools are calibrated to secure Allianz Commercial’s future profitability. You will join an international team located across London, Munich, Bucharest, Chicago and New York. The Impact You Will Have The Pricing team drives the global implementation of costing and pricing excellence for all commercial business. To advance with this approach, Allianz Commercial is seeking a pricing actuary to actively shape and reposition the Group\’s pricing capabilities. In this role you will define pricing excellence, and you will collaborate on various activities to support Allianz operating entities globally in excellence achievement: Some of your specific responsibilities could include: Support the regular deep-dive profitability reviews of the portfolio. Develop and maintain pricing tools, in particular this involves refinement of the tools through recalibrations and the development of appropriate statistical pricing methodologies and the development of tool specifications to support IT enhancements. Monitor outcomes of the portfolio actions implemented following profitability analyses Support the development and maintenance of the cross-lob modelled and non-modelled cat pricing. In particular, this involves the refinement of the pricing tools through updates of hazard maps/vendor models, recalibrations and the development of appropriate statistical pricing methodologies Contribute to pricing projects through data analysis/manipulation using SQL/Python coding Support underwriters through Case pricing of the largest and more complex accounts. Successfully collaborate across the P,NR&C pricing team and peer review work from other team members if required. What You’ll Bring to the Role Nearly/newly Qualified P&C Actuary Strong mathematical and analytical skills with great attention to detail. Some years in technical pricing, preferably P&C commercial lines, with strong mathematical and analytical skills. Experience in developing and calibrating pricing tools for various lines, and managing projects with multiple stakeholders. A solid understanding of data analysis, automation, and AI tools is required, with an awareness of ethical AI usage. Proficiency with complex multi-national data landscapes and advanced Excel skills, including VBA. Significant experience with SQL; knowledge of Python, R, JavaScript/CSS, Palantir Foundry, and Machine Learning is a plus. Ability to explain technical information to non-technical audiences, build strong working relationships, and deliver projects on time. Self-motivated, proactive, organized, and results-oriented, with experience in international environments and managing multiple projects. 75094 | Actuarial | Professional | Non-Executive | Allianz Commercial | Full-Time | Permanent #J-18808-Ljbffr
Pricing Actuary employer: Allianz Popular SL.
Contact Detail:
Allianz Popular SL. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Actuary
✨Tip Number 1
Familiarise yourself with the latest trends in pricing methodologies and tools used in the insurance industry. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 2
Network with professionals in the actuarial field, especially those working in pricing roles. Attend industry events or webinars where you can connect with current employees at Allianz or similar companies, as personal referrals can significantly boost your chances.
✨Tip Number 3
Brush up on your SQL and Python skills, as these are crucial for data analysis in this role. Consider working on small projects or contributing to open-source initiatives that showcase your coding abilities and understanding of statistical methodologies.
✨Tip Number 4
Prepare to discuss your experience with cross-functional collaboration. Be ready to share examples of how you've successfully worked with diverse teams, as this role requires strong interpersonal skills and the ability to communicate complex information clearly.
We think you need these skills to ace Pricing Actuary
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in technical pricing, particularly in P&C commercial lines. Emphasise your mathematical and analytical skills, as well as any relevant projects you've managed.
Craft a Strong Cover Letter: In your cover letter, explain why you are interested in the Pricing Actuary role at Allianz Commercial. Mention specific experiences that demonstrate your ability to develop and calibrate pricing tools and your proficiency with SQL and Python.
Showcase Relevant Skills: Clearly outline your skills in data analysis, automation, and AI tools. Provide examples of how you've used these skills in previous roles, especially in relation to pricing methodologies and project management.
Prepare for Technical Questions: Be ready to discuss your technical knowledge during interviews. Brush up on your understanding of statistical pricing methodologies and be prepared to explain complex concepts in simple terms, as this is crucial for collaborating with non-technical stakeholders.
How to prepare for a job interview at Allianz Popular SL.
✨Showcase Your Technical Skills
Make sure to highlight your experience with SQL, Python, and any other relevant programming languages. Be prepared to discuss specific projects where you developed or calibrated pricing tools, as this will demonstrate your technical expertise.
✨Understand the Business Context
Familiarise yourself with Allianz Commercial's portfolio and their approach to pricing excellence. Showing that you understand the company's goals and how your role as a Pricing Actuary fits into their strategy will impress the interviewers.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities and analytical skills. Prepare examples of how you've handled complex pricing scenarios or collaborated with stakeholders in previous roles, as this will showcase your practical experience.
✨Communicate Clearly and Confidently
Since you'll need to explain technical information to non-technical audiences, practice articulating your thoughts clearly. Use simple language when discussing complex topics, and be ready to answer questions about your thought process and decisions.
