Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead multinational pricing initiatives and collaborate with global teams to drive profitability.
- Company: Join Allianz Commercial, a leader in financial services and insurance.
- Benefits: Enjoy hybrid working, competitive pay, and career development opportunities.
- Why this job: Make a real impact in a dynamic international environment while shaping future pricing strategies.
- Qualifications: Degree in Maths or Data Science; experience in pricing preferred.
- Other info: Be part of a diverse team committed to innovation and sustainability.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Multinational Pricing Actuary role at Allianz Commercial, based in London.
The Global Pricing team is part of the Chief Underwriting Office at Allianz Commercial and is responsible for understanding Allianz Commercial portfolios, their performance and ensuring the pricing tools are calibrated to secure the company’s future profitability. You will join an international team located across London, Munich, Bucharest and Chicago.
The Impact You Will Have
Allianz Commercial is strengthening its multinational proposition including a new market-facing team as well as dedicated investments in data, technology, and customer services. The global pricing team is expanding to support this strategic development to generate market leading portfolio insight and pricing analytics.
In this role, you will report to the Head of Pricing Enablement and lead Multinational pricing topics across lines of business and regions. You will guide pricing performance of the Multinational portfolio to help Allianz Commercial meet long-term profit targets. You will represent Global Pricing in the cross-functional development of tools, data and systems that enable accurate and competitive pricing outcomes.
Responsibilities
- Lead Global Pricing collaboration with cross-functional multinational project teams in the production of pricing activity to achieve strategic sustainable profitable growth
- Establish and maintain pricing profitability performance analysis for the Multinational Lead portfolio across the Global Pricing function, including the production of the Pricing Normalized Loss Ratio
- Following pricing performance analytics, steer and gain support for data driven action to implement pricing changes that deliver portfolio improvements across multiple lines of business
- Monitor and oversee the financial impact of portfolio actions implemented into the Multinational market in collaboration with global pricing and specialist underwriting performance teams
- Lead the development of pricing tools, data and systems to improve the accuracy and competitiveness of Multinational Pricing, including development and maintenance of multinational capability in Radar and Radar Workbench
- Support and coordinate pricing actuaries from each line of business in the production of case pricing to meet the needs of Multinational clients
What You’ll Bring To The Role
- Degree in Applied Mathematics, Statistics, Data Science or a comparable discipline
- Experience in commercial lines pricing desirable — ideally across large corporate and specialty lines
- Qualified or nearly qualified P&C Actuary
- Experience leading or undertaking the development of pricing portfolio projections and the implementation of Technical Price calibration
- Strong hands-on knowledge of Excel, Python, SQL (or similar), VBA or other programming languages
- Experience leading activity across a global pricing team and liaising with management peers to prioritise and deliver pricing activity
- Self-motivated with the ambition to establish a new focus area within a developing global pricing team
- Partnering mentality with the ability to build strong working relationships with peers, senior leaders and wider global business areas
- Strong mathematical and analytical skills with attention to detail
- Solid understanding of data analysis, automation, and AI tools, with awareness of ethical AI usage
- Results-oriented with a proven track record of delivering on-time projects and process improvements
- Ability to work in an international/virtual environment
What’s in it for you?
- Hybrid working model with in-person and remote collaboration; flexible working arrangements can be discussed
- Competitive compensation and benefits package (details vary by location), including a bonus scheme and pension
- Career development, digital learning programs, international mobility, and lifelong learning opportunities
- Support for health and wellbeing including private healthcare and parental leave benefits
- Support for flexible working and career returners
- Engagement in shaping a future that is safe, inclusive and sustainable
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, and industry leaders. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. We provide risk transfer solutions, risk consulting and multinational services.
Learn more about careers at Allianz Commercial by clicking here. Learn more about Allianz Commercial by clicking here.
We welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.
Recruitment Agencies: Allianz Commercial has an in-house recruitment team. We do not accept unsolicited resumes from agencies. When we do use agencies, we have a PSL in place. Please do not contact managers directly.
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Finance and Sales
Industries: Financial Services and Insurance
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr
Multinational Pricing Actuary employer: Allianz Commercial
Contact Detail:
Allianz Commercial Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Multinational Pricing Actuary
✨Tip Number 1
Network like a pro! Reach out to current employees at Allianz Commercial on LinkedIn. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Make sure you can confidently discuss Excel, Python, and SQL, as these are key for the Multinational Pricing Actuary role.
✨Tip Number 3
Show off your analytical skills! Be ready to share examples of how you've used data to drive decisions or improve processes in previous roles. This will highlight your fit for the pricing team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining Allianz Commercial.
We think you need these skills to ace Multinational Pricing Actuary
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Multinational Pricing Actuary role. Highlight your experience in pricing, data analysis, and any relevant programming skills to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit for our Global Pricing team. Be genuine and let your personality come through.
Showcase Your Analytical Skills: Since this role involves a lot of data analysis, make sure to mention specific projects or experiences where you've successfully used your analytical skills. We love seeing how you've tackled challenges in the past!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team at Allianz Commercial!
How to prepare for a job interview at Allianz Commercial
✨Know Your Numbers
As a Multinational Pricing Actuary, you'll need to demonstrate your strong mathematical and analytical skills. Brush up on key concepts in pricing analytics and be ready to discuss how you've used data analysis tools like Excel, Python, or SQL in past roles.
✨Showcase Your Collaboration Skills
This role involves working with cross-functional teams, so it's crucial to highlight your experience in leading projects and collaborating with peers. Prepare examples of how you've successfully partnered with others to achieve pricing objectives or improve portfolio performance.
✨Understand the Market Landscape
Familiarise yourself with Allianz Commercial's position in the market and their approach to multinational pricing. Be prepared to discuss how you can contribute to their strategic goals and what insights you can bring to enhance their pricing tools and systems.
✨Demonstrate Your Adaptability
Given the international and virtual nature of the role, showcase your ability to work in diverse environments. Share experiences where you've adapted to new challenges or technologies, especially in relation to automation and AI tools, to illustrate your readiness for this dynamic position.