At a Glance
- Tasks: Lead the actuarial pricing function and drive innovation in data and analytics.
- Company: Join Allianz Commercial, a diverse and inclusive employer committed to the LGBTQ+ community.
- Benefits: Competitive salary, flexible working, and a supportive work environment.
- Other info: Collaborative culture with opportunities for professional growth and development.
- Why this job: Make a real impact on pricing strategies and enhance commercial performance.
- Qualifications: Experience in actuarial pricing and strong analytical skills required.
The predicted salary is between 75600 - 92400 £ per year.
This job is with Allianz Commercial, an inclusive employer and a member of my Gwork – the largest global platform for the LGBTQ+ business community.
Please do not contact the recruiter directly.
Role Description Allianz UK Personal has an exciting opportunity for Head of Actuarial Pricing to join our team.
The purpose of this role is to lead the Actuarial Pricing function, providing strategic direction, insight and oversight to support the delivery of underwriting performance objectives within the Corporate Plan.
The role is accountable for ensuring pricing strategy, capabilities and outputs enable effective underwriting and trading decisions, while driving innovation across data, technology, analytical methodologies and cross-functional collaboration to enhance pricing sophistication and commercial performance.
Location: This role is be based in one of our London Bishopsgate, Leeds, Bournemouth or Birmingham offices, with an expectation to attend the office 50% of the time.
Salary Information Your pay will be based on your experience, skills and location and forms part of our total rewards package.
About You Lead the actuarial pricing function for personal lines, ensuring pricing strategy, activity and outputs support delivery of the Corporate Plan, customer outcomes and regulatory requirements.
Own the delivery of pricing forecasts and Pricing Best Estimates, providing robust analysis, insight and recommendations to inform underwriting and trading decisions, while supporting commercial performance and business objectives.
Develop and maintain pricing capability, frameworks and methodologies, collaborating across the full value chain including Underwriting, Finance, Reserving, Data, Change and Technology to deliver strategic pricing outcomes and business initiatives.
Build strong collaborative relationships with Pricing, Underwriting, Claims and Reserving Teams and senior stakeholders to ensure the timely delivery of accurate forecasts, pricing and claims insights.
Lead reporting across key governance and business forums, including Smart Circle, Pricing
Head of Actuarial Pricing employer: Allianz Commercial
Allianz Commercial is an exceptional employer, offering a dynamic work environment in the heart of London where finance professionals can thrive. With a strong emphasis on employee growth and development, you will have access to extensive training opportunities and be part of a collaborative global finance community that values innovation and informed decision-making. The company's commitment to fostering a supportive culture ensures that your contributions are recognised and rewarded, making it a truly rewarding place to advance your career.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Actuarial Pricing
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Allianz Commercial). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Allianz Commercial. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Head of Actuarial Pricing
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Allianz Commercial.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Allianz Commercial. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Allianz Commercial
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Allianz Commercial to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Allianz Commercial, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Allianz Commercial's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
