At a Glance
- Tasks: Create innovative insurance solutions and enhance pricing tools using data analytics.
- Company: Join a diverse team at Allianz Commercial, a leader in alternative risk transfer.
- Benefits: Enjoy hybrid working, generous compensation, and career development opportunities.
- Other info: Flexible working arrangements and a supportive environment for personal growth.
- Why this job: Make a real impact in the insurance industry with cutting-edge technology and innovative projects.
- Qualifications: Qualified actuary with strong skills in Python, SQL, and data analytics.
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.
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
- Collaborate with Underwriters, Cat Analysts, and legal experts to craft innovative policies and explore exciting business opportunities across all ART regions and business segments.
- Be responsible for the technical case pricing of new deals, quantitative risk analyses, peer reviews, and model documentation.
- Enhance ART's advanced pricing tools and drive their integration with Allianz Commercial platforms, ensuring seamless data connectivity and usability.
- Further develop and maintain ART's portfolio steering framework, create automated portfolio reports to support informed decision making.
- Leverage your skills in Python, SQL, and AI tools to lead and contribute to impactful data‐driven projects.
- Liaise with the Global Pricing, Global Portfolio Steering, Actuarial, Risk Management and other global functions to stay on top of topics relevant for ART.
Qualifications
- Hold a bachelor's degree in a relevant field and be a qualified (or nearly qualified) actuary.
- Have at least 5–7 years of relevant experience in the (re)insurance or financial sector, particularly in pricing.
- Possess strong actuarial and data analytics skills, and enjoy coding in Python and SQL.
- Be familiar with Power BI and, ideally, with Databricks.
- Have excellent communication and presentation skills, capable of conveying complex information clearly to various stakeholders.
- Have proven experience in project steering, with the ability to lead and manage projects effectively.
- Demonstrate 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.
Benefits
We offer a hybrid working model and flexible working arrangements. A generous compensation and benefits package (details vary by location) includes a bonus scheme and pension. We provide career development and digital learning programs, international mobility opportunities, and lifelong learning across the organisation. Flexibility, health and wellbeing support (including private healthcare and generous parental leave), and support for flexible working and career breaks are all part of the package.
Equal Opportunity
Allianz Commercial welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristic protected under applicable local laws and regulations.
Contact
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 agcsglobalcareers@allianz.com.
Senior Pricing Actuary (m/f/d) in London employer: Allianz
Allianz Commercial is an exceptional employer, offering a dynamic and inclusive work environment in London where innovation thrives. With a strong focus on employee growth, we provide extensive career development opportunities, flexible working arrangements, and a comprehensive benefits package that prioritises health and wellbeing. Join our diverse team of professionals and make a meaningful impact in the field of alternative risk transfer solutions.
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 practising common questions and scenarios specific to pricing actuaries. We recommend doing mock interviews with friends or mentors to boost your confidence and refine your answers. Remember, the more prepared you are, the better you'll perform!
✨Tip Number 3
Showcase your skills! Create a portfolio of your projects, especially those involving Python, SQL, and data analytics. We want to see how you've applied your expertise in real-world situations, so don't hold back on sharing your successes!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows your genuine interest in joining our team. We’re excited to see what you bring to the table!
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 experience in pricing, risk modelling, and coding in Python and SQL. 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 alternative risk transfer solutions and how your background makes you a perfect fit for our team. Keep it engaging and relevant!
Showcase Your Projects:If you've worked on any relevant projects, especially those involving AI or machine learning, make sure to mention them. We love seeing how you've applied your skills in real-world scenarios, so don't hold back!
Apply Through Our Website:We encourage you to apply through our website for the best chance of success. It’s straightforward and ensures your application gets to the right people. Plus, we can’t wait to see what you bring to the table!
How to prepare for a job interview at Allianz
✨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 key metrics and be ready to discuss how you've applied your skills in Python and SQL to solve complex problems in previous roles.
✨Showcase Your Collaboration Skills
This role involves working closely with Underwriters and Cat Analysts, so be prepared to share examples of how you've successfully collaborated with diverse teams. Highlight any projects where you led discussions or contributed to innovative policy crafting.
✨Prepare for Technical Questions
Expect questions that dive deep into your actuarial knowledge and data analytics skills. Review common pricing models and be ready to explain your thought process when tackling quantitative risk analyses or enhancing pricing tools.
✨Communicate Clearly
You'll need to convey complex information to various stakeholders, so practice explaining your past projects in simple terms. Use clear examples to illustrate your problem-solving skills and how you've used AI and machine learning to improve business processes.
