Head Of Actuarial Pricing

Allianz Management Services Ltd; Ledston; On-site; GBP 140,000 - 210,000; Full time

Benefits offered by this job

Hybrid working

Annual bonus

Pension scheme

Discounts on Allianz products

Job summary

Allianz UK Personal is seeking a Head of Actuarial Pricing to steer the pricing function, enhance forecasting and analytics, and drive pricing innovation across data, technology and processes. The role requires collaboration with underwriting, finance and reserving to deliver strategic outcomes and regulatory compliance.

The role offers hybrid working across multiple UK offices, with attendance required in-person ~50% of the time and extensive leadership responsibilities.

Qualifications

• Deep understanding of pricing and/or reserving in insurance markets.
• Expertise in actuarial methods and pricing.
• Strong numerical ability and ability to translate analyses for a broad audience.
• Experience leading pricing teams and managing stakeholders.
• Ability to drive pricing innovation and process improvements.

Responsibilities

• Lead the actuarial pricing function for personal lines, ensuring pricing strategy supports underwriting and corporate objectives.
• Own delivery of pricing forecasts and Best Estimates with robust analysis and recommendations.
• Develop pricing capability, frameworks and methodologies across value chain.
• Build collaborative relationships with Pricing, Underwriting, Claims and Reserving teams and senior stakeholders.
• Lead reporting in governance forums and group reporting processes.
• Coach and develop high-performing pricing teams with clear objectives.

Skills

Pricing & Reserving

Actuarial methods

Leadership

Stakeholder communication

Pricing innovation

Pricing model development

Advanced analytics

Responsible AI usage

Education

Fellow of the Institute of Actuaries

Job description

Head of Actuarial Pricing

Allianz UK Personal has an exciting opportunity for Head of Actuarial Pricing to join our team.

Role Description

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 be 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. [e-mail]

Matthew Mckevitt

Closing date 31/08/26

We reserve the right to close the advert early if we reach enough applications.