At a Glance
- Tasks: Create innovative insurance solutions and drive impactful data-driven projects.
- Company: Join a diverse team at Allianz Commercial, a leader in risk management.
- Benefits: Enjoy a competitive salary, hybrid working, and generous benefits.
- Other info: Inclusive culture with opportunities for career growth and lifelong learning.
- Why this job: Make a real impact in shaping the future of alternative risk transfer solutions.
- Qualifications: Qualified actuary with strong skills in pricing, coding, and data analytics.
The predicted salary is between 60000 - 80000 £ per year.
We are looking for a Senior Pricing Actuary, 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. We are motivated by creativity, innovation, a "can do" attitude, teamwork and a commitment to technical excellence. Our mission is to deliver results, analyses and insights that empower smart, informed business decisions. We turn uncertainty into opportunity and aim to create sustainable, tailored risk management solutions for our clients and drive ART's continuing success.
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!
Some of your specific responsibilities could include:
- 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.
Allianz Commercial is the centre 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 nurture 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 UK
Allianz Commercial is an exceptional employer, offering a vibrant and inclusive work culture in London that fosters creativity, innovation, and teamwork. With a strong commitment to employee growth through lifelong learning opportunities and a flexible hybrid working model, we ensure our team members thrive both professionally and personally. Join us to make a meaningful impact in the alternative risk transfer sector while enjoying a competitive compensation package and a supportive environment that values diversity and well-being.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Pricing Actuary (m/f/d) in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and engage with professionals on platforms like LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with yours. We want to see you shine, so practice common interview questions and think about how your skills as a Senior Pricing Actuary can make a real impact.
✨Tip Number 3
Showcase your technical skills! Whether it’s Python, SQL, or data analytics, be ready to discuss your experience and how you’ve used these tools to drive results. We love seeing candidates who can demonstrate their expertise and how it can benefit our 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 us you’re genuinely interested in joining our team at Allianz Commercial. Let’s make it happen!
We think you need these skills to ace Senior Pricing Actuary (m/f/d) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Pricing Actuary role. Highlight your relevant experience in pricing, risk modelling, and data analytics. We want to see how your skills align with what we're looking for!
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 you can contribute to our team. Be sure to mention your coding skills in Python and SQL, as well as any experience with AI tools.
Showcase Your Projects:If you've worked on any relevant projects, make sure to include them in your application. We love seeing how you've applied your actuarial skills in real-world scenarios, especially if they involved innovative solutions or data-driven insights.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, you'll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Allianz UK
✨Know Your Numbers
As a Senior Pricing Actuary, you'll need to demonstrate your expertise in technical pricing and risk modelling. Brush up on your knowledge of actuarial principles and be ready to discuss specific examples from your past experience where you've successfully applied these skills.
✨Showcase Your Coding Skills
Since coding in Python and SQL is crucial for this role, prepare to talk about your experience with these languages. Consider bringing along a portfolio or examples of projects where you've used these skills to solve complex problems or enhance data analytics.
✨Communicate Clearly
You'll be working with various stakeholders, so it's essential to convey complex information clearly. Practice explaining your past projects in simple terms, focusing on the impact of your work and how it benefited the team or company.
✨Emphasise Team Collaboration
This role involves collaborating with Underwriters, Cat Analysts, and legal experts. Be prepared to discuss how you've successfully worked in teams before, highlighting your ability to lead projects and manage diverse perspectives to achieve common goals.