At a Glance
- Tasks: Lead the Actuarial Pricing function and drive innovation in pricing strategies.
- Company: Join Allianz, the world's number one insurance brand with a collaborative culture.
- Benefits: Flexible working options, competitive salary, and extensive career development opportunities.
- Other info: Inclusive workplace with support for disabled and neurodivergent candidates.
- Why this job: Make a real impact on pricing strategies and enhance commercial performance.
- Qualifications: In-depth understanding of pricing, actuarial methods, and strong leadership skills.
The predicted salary is between 60750 - 74250 £ per year.
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 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 & Underwriting Forums, Insurance Committees and Group reporting processes.
- Lead, coach and develop high-performing pricing teams, ensuring appropriate resourcing, clear objectives, career development and a positive, engaging working environment.
Essential Skills:
- In-depth understanding of pricing and/or reserving discipline and insurance market covering competitors, comparable products, regulatory considerations.
- Expertise in actuarial methods and principles, ideally within pricing, with the ability to apply technical knowledge to solve complex business challenges and support decision-making.
- Highly numerate and able to translate detailed analytical work to broad business audience.
- Proven ability to lead complex analysis and translate insights into business outcomes.
- Experience in people management, leading multiple teams/strands of work.
- Understands key processes, procedures and targets and is able to communicate effectively with key stakeholders.
- Ability to identify and define market best practice.
- Ability to challenge the status quo and drive innovation by identifying opportunities for process improvement and enhancing analytical capabilities.
Desirable Skills:
- Fellow of the Institute of Actuaries or equivalent qualification with extensive relevant post-qualification experience.
- Exposure to pricing model development and advanced analytics techniques.
- Responsible Artificial Intelligence usage and understanding of ethical AI in pricing.
What We Will Offer You: Recognised and rewarded for a job well done, we have a range of flexible benefits for you to choose from - so you can pick a package that’s perfect for you. We also offer flexible working options, global career opportunities across the wider Allianz Group, and fantastic career development and training. That’s on top of enjoying all the benefits you’d expect from the world’s number one insurance brand, including:
- Flexible buy/sell holiday options
- Hybrid working
- Annual performance related bonus
- Contributory pension scheme
- Development days
- A discount up to 50% on a range of insurance products including car, home and pet
- Retail discounts
- Volunteering days
Our Ways of Working: Do you need flexibility with the hours you work? Let us know as part of your application and if it’s right for our customers, our business and for you, then we’ll do everything we can to make it happen. Here at Allianz, we are signatories of the ABIs flexible working charter. We believe in supporting hybrid work patterns, which balance the needs of our customers, with your personal circumstances and our business requirements. Our aim with this is to help innovation, creativity, and you to thrive - Your work life balance is important to us.
Inclusive Support & Accessibility: At Allianz, we are committed to fostering building an inclusive, accessible workplace where everyone can thrive. As a Disability Confident employer, we welcome applications from disabled and neurodivergent candidates and offer tailored adjustments throughout the recruitment process and in the workplace, whether that’s assistive technology, ergonomic equipment, flexible working arrangements, mentoring or coaching. We want to encourage candidates to speak with us about any adjustments they may need. We’re here to support you.
If you have a disability or long‑term health condition and meet the essential criteria, you can choose to be considered through our Offer an Interview Scheme. Contact our Resourcing team to opt into this scheme or for any assistance with during the recruitment process including larger text, hard copies, or spoken applications.
For any inquiries or to submit your application, please contact: Matthew Mckevitt. Closing date 31/08/26. We reserve the right to close the advert early if we reach enough applications.
Head of Actuarial Pricing in Leeds employer: Allianz
At Munich Re Specialty – Global Markets, we pride ourselves on being an exceptional employer that fosters a culture of support, innovation, and inclusivity. Our commitment to employee growth is reflected in our comprehensive benefits package, including generous annual leave, a non-contributory pension, and opportunities for professional development. Located in a vibrant community, we not only focus on individual success but also encourage our team to engage in local initiatives, making a meaningful impact both within and outside the workplace.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Actuarial Pricing in Leeds
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We think you need these skills to ace Head of Actuarial Pricing in Leeds
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