At a Glance
- Tasks: Create innovative insurance solutions and enhance pricing tools using data analytics.
- Company: Join Allianz Commercial, a leader in alternative risk transfer solutions.
- Benefits: Enjoy a competitive salary, hybrid working, and generous benefits including bonuses and healthcare.
- Other info: Be part of a diverse team and contribute to a sustainable future.
- Why this job: Make a real impact in the insurance industry while developing your skills in a supportive environment.
- Qualifications: Qualified actuary with 5-7 years of experience in pricing and strong coding skills.
The predicted salary is between 60000 - 80000 £ per year.
We are looking for a Senior Pricing Actuary (m/f/d), based in London.
Your Team
Led by the Head of Portfolio Steering & Pricing ART, you will be part of a lively and diverse group of 14 skilled professionals, including actuaries, business and cat analysts. We are based in Munich, London, New York, and Zurich.
The Impact You Will Have
As a Senior Pricing Actuary in our Alternative Risk Transfer (ART) Line of Business, you will be instrumental in creating innovative, bespoke insurance solutions for corporate clients. Your expertise in technical pricing, risk modeling, coding, and data analytics will directly influence the success of our business and our team. Driving the development of our pricing and portfolio steering framework will ensure we remain at the forefront of the industry. Join us and make a significant impact by shaping the future of alternative risk transfer solutions!
Responsibilities
- You will collaborate with Underwriters, Cat Analysts, and legal experts to craft innovative policies and explore exciting business opportunities across all ART regions and all our business segments.
- You will be responsible for the technical case pricing of new deals, quantitative risk analyses, peer reviews, and model documentation.
- You will be enhancing ART’s advanced pricing tools and drive their integration with Allianz Commercial platforms, ensuring seamless data connectivity and usability.
- You will further develop and maintain ART's portfolio steering framework, create automated portfolio reports to support informed decision making.
- By leveraging your skills in Python, SQL, and AI tools, you will lead and contribute to impactful data-driven projects.
- You will liaise with the Global Pricing, Global Portfolio Steering, Actuarial, Risk Management and other global functions to stay on top of topics relevant for ART.
What You’ll Bring To The Role
- You have a bachelor’s degree in a relevant field and are a qualified (or nearly qualified) actuary.
- You have at least 5-7 years of relevant experience in the (re)insurance or financial sector, in particular, pricing.
- You possess strong actuarial and data analytics skills, and you enjoy coding in Python and SQL.
- You are familiar with Power BI and, ideally, with Databricks.
- You have excellent communication and presentation skills, capable of conveying complex information clearly to various stakeholders.
- You have proven experience in project steering, with the ability to lead and manage projects effectively.
- You have problem‑solving skills, with the ability to identify issues and develop innovative solutions.
- Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision‑making is highly beneficial.
What’s in it for you?
We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognises the value of striking a balance between in‑person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.
We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.
From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.
From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We’ve got your back.
With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.
Care to join us?
Allianz Commercial is the center of expertise of Allianz Group, insuring mid‑sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family‑owned and medium‑enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what’s ahead.
At Allianz, we stand for unity. We believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.
People With Disabilities
We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email.
Senior Pricing Actuary (m/f/d) in London employer: Allianz Commercial
Allianz Commercial is an exceptional employer, offering a vibrant and inclusive work culture in the heart of London. With a strong focus on employee growth through lifelong learning opportunities and a commitment to flexible working arrangements, we empower our team to thrive both personally and professionally. Our competitive compensation package, including generous bonuses and comprehensive health benefits, ensures that our employees feel valued and supported as they shape the future of alternative risk transfer solutions.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Pricing Actuary (m/f/d) in London
✨Tap into Campus Networks
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We think you need these skills to ace Senior Pricing Actuary (m/f/d) in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Allianz Commercial.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Allianz Commercial's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Allianz Commercial
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Allianz Commercial.
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✨Show Your Passion for Finance
Since this is a full-time position, employers at Allianz Commercial will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Allianz Commercial employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
