Senior Pricing Actuary (m/f/d)

Senior Pricing Actuary (m/f/d)

Full-Time 60000 - 80000 £ / year (est.) Home office (partial)
Allianz

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, competitive pay, bonuses, and career development opportunities.
  • Other info: Flexible working arrangements and a commitment to diversity and inclusion.
  • Why this job: Make a real impact in the insurance industry with cutting-edge technology and creative problem-solving.
  • 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) employer: Allianz

Allianz Commercial is an exceptional employer, offering a vibrant and inclusive work culture 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 while enjoying the advantages of a supportive and dynamic workplace.

Allianz

Contact Details:

Allianz Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Pricing Actuary (m/f/d)

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 products and services, especially in the Alternative Risk Transfer space. We want you to walk in feeling confident and ready to showcase how your skills in pricing and data analytics can make a real impact.

Tip Number 3

Practice your pitch! Be ready to explain your experience and how it aligns with the role of a Senior Pricing Actuary. We suggest rehearsing answers to common interview questions and preparing examples of your past work that highlight your problem-solving skills and technical expertise.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about joining our team. So, get your application in and let’s shape the future of alternative risk transfer solutions together!

We think you need these skills to ace Senior Pricing Actuary (m/f/d)

Technical Pricing
Risk Modeling
Data Analytics
Python
SQL
AI Tools
Power BI

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Senior Pricing Actuary role. Highlight your experience in technical 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 alternative risk transfer and how your background makes you a perfect fit for our team. Let us know what excites you about this opportunity!

Showcase Your Technical Skills:Don’t forget to mention your coding skills in Python and SQL! We love seeing candidates who can leverage technology to drive data-driven projects. Share specific examples of how you've used these skills in your previous roles.

Apply Through Our Website:We encourage you to apply through our website for the best chance of success. It’s the easiest way for us to keep track of your application and ensure it gets the attention it deserves. We can’t wait to hear from you!

How to prepare for a job interview at Allianz

Know Your Numbers

As a Senior Pricing Actuary, you'll need to demonstrate your technical prowess. Brush up on your pricing models, risk analyses, and coding skills in Python and SQL. Be ready to discuss specific examples of how you've used these skills in past roles.

Showcase Your Collaboration Skills

This role involves working closely with Underwriters and Cat Analysts. Prepare to share experiences where you successfully collaborated with diverse teams. Highlight how your communication skills helped convey complex information clearly to stakeholders.

Be Ready for Problem-Solving Questions

Expect questions that assess your problem-solving abilities. Think of scenarios where you identified issues and developed innovative solutions, especially in the context of pricing or data analytics. Use the STAR method (Situation, Task, Action, Result) to structure your answers.

Stay Current with Industry Trends

The insurance landscape is always evolving, especially with AI and machine learning. Research recent developments in alternative risk transfer solutions and be prepared to discuss how these trends could impact the role. Showing that you're proactive about industry knowledge will impress your interviewers.