Pricing Actuary, Specialty

Pricing Actuary, Specialty

Join Allianz Commercial as a Pricing Actuary, Specialty (m/f/d) based in London or Munich. This role is part of the Global Pricing Specialty Team, a dynamic group dedicated to developing innovative pricing models for specialty markets.

Team & Impact

You will work closely with the Head of Pricing Specialty and act as a business partner to Allianz Commercial Specialty lines. Your work will inform pricing strategies, support execution, and monitor outcomes to help meet long‑term profit targets.

Key Responsibilities

• Develop and maintain pricing tools, including refinement, statistical methodology, and tool specifications for IT enhancements.
• Conduct deep‑dive profitability reviews, preparing data and analyses for individual accounts or business segments, and translate results into portfolio actions and technical pricing models.
• Support underwriters with case pricing for large and complex accounts.
• Understand global market developments and reflect loss trends in underwriting activities.
• Build strong working relationships with Underwriting and senior management to promote technical pricing concepts and tools.
• Coordinate global, cross‑team projects as required.
• Peer‑review work from other team members.

What You’ll Bring

• Qualified P&C Actuary (or nearly qualified with significant experience).
• Strong mathematical and analytical skills with great attention to detail.
• Excellent computer skills; experience with Excel and coding (SQL or Python an advantage).
• Experience in commercial lines pricing, preferably large corporate and specialty lines; knowledge of specialty lines (Marine, Aviation, Entertainment) is an advantage.
• Basic understanding of AI and its potential applications in business.
• Curiosity, probing questions, and tenacity to drive action.
• Partnering mentality with strong relationships with peers, management, and business areas.
• Ability to explain technical information to non‑technical audiences.
• Strong results orientation with a proven track‑record of delivering on‑time projects and process improvements.
• Ability to work in an international environment.
• Fluent English skills.

Benefits

Hybrid working model balancing in‑person collaboration and remote work.

Great compensation and benefits package, including a generous bonus scheme and pension (details vary by location).

Lifelong learning: career development, digital learning programs, and international mobility.

Flexible working arrangements, private healthcare, generous parental leave, and support for returning from career breaks.

Sustainability: opportunities to shape a safe, inclusive, and sustainable future.

People With Disabilities

We want to give all our candidates the best opportunity to succeed. If you need any adjustments during the application and selection process, please email agcsglobalcareers@allianz.com.

Equal Opportunity Statement

We therefore welcome applications regardless of ethnicity, cultural background, age, gender, nationality, religion, social class, disability, or sexual orientation, or any other characteristics protected under applicable local laws and regulations.