Multinational Pricing Actuary

Allianz; London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance company in London is seeking a Multinational Pricing Actuary. You will be responsible for leading pricing activities, analyzing performance, and developing pricing tools. Ideal candidates have a degree in applied mathematics and experience in commercial pricing. This full-time role offers a hybrid work model, competitive compensation, and opportunities for career growth.

Benefits

Flexible working arrangements

Generous bonus scheme

Pension contributions

Private healthcare

Career development programs

Qualifications

• Experience leading the development of pricing portfolio projections.
• Strong analytical skills with attention to detail.
• Ability to work in an international environment.

Responsibilities

• Lead Global Pricing collaboration with teams.
• Establish pricing profitability performance analysis.
• Steer action to implement pricing changes.
• Monitor financial impact of portfolio actions.
• Develop pricing tools, data and systems.
• Support pricing actuaries to meet client needs.

Skills

Commercial lines pricing experience

Strong hands-on knowledge of Excel

Python programming

SQL knowledge

Analytical skills

Team collaboration

Education

Degree in Applied Mathematics, Statistics, Data Science

Qualified or nearly qualified P&C Actuary

Tools

Excel

Python

SQL

Job description

We are looking for a Multinational Pricing Actuary, based in London.

Your Team

The Global Pricing team is part of the Chief Underwriting Office at Allianz Commercial and is responsible for understanding Allianz Commercial portfolios, their performance and ensuring the pricing tools are calibrated to secure the company's future profitability. You will join an international team located across London, Munich, Bucharest and Chicago

The Impact You Will Have

Allianz Commercial is strengthening its multinational proposition including a new market-facing team as well as dedicated investments in data, technology, and customer services. The global pricing team is expanding to support this strategic development to generate market leading portfolio insight and pricing analytics.

In this role, you will report to the Head of Pricing Enablement and lead Multinational pricing topics across lines of business and regions. You will take an active part in guiding and steering the pricing performance of the Multinational portfolio, to aid Allianz Commercial in meeting long-term profit targets. You will represent Global Pricing in the cross functional development of tools, data and systems that enable accurate and competitive pricing outcomes.

Some of your specific responsibilities could include:

• Lead Global Pricing collaboration with cross functional multinational project teams in the production of pricing activity to achieve strategic sustainable profitable growth

• Establish and maintain pricing profitability performance analysis for the Multinational Lead portfolio across the Global Pricing function, including the production of the Pricing Normalized Loss Ratio.

• Following pricing performance analytics, steer and gain support for data driven action to implement pricing changes that deliver portfolio improvements across multiple lines of business.

• Monitor and oversee the financial impact of portfolio actions implemented into the Multinational market in collaboration with global pricing and specialist underwriting performance teams

• Lead the development of pricing tools, data and systems to improve the accuracy and competitiveness of Multinational Pricing. This includes steering the development and maintenance of multinational capability in existing Radar and Radar Workbench pricing tools.

• Support and co-ordinate pricing actuaries from each line of business in the production of case pricing to meet the needs of Multinational clients.

What You'll Bring to the Role

• Degree in Applied Mathematics, Statistics, Data Science or a comparable discipline.

• Experience working in commercial lines pricing desirable - ideally across large corporate and specialty lines

• Qualified or nearly qualified P&C Actuary

• Experience leading or undertaking the development of pricing portfolio projections and the implementation of Technical Price calibration

• Strong hands-on knowledge of Excel, Python, SQL (or similar), VBA or other programming languages

• Experience leading activity across a global pricing team and liaising with management team peers to prioritise and deliver pricing activity

• Self-motivated / proactive with the ambition to establish a new focus area within a developing global pricing team

• Partnering mentality with the ability to build strong working relationships with peers, senior leaders and wider global business areas

• Strong mathematical and analytical skills with great attention to detail

• A solid understanding of data analysis, automation, and AI tools, with an awareness of ethical AI usage.

• Results orientated with a proven track-record of delivering on-time projects and process improvements

• Ability to work in an international / virtual environment

79619 | Actuarial | Professional | Allianz Commercial | Full-Time | Permanent

What's in it for you?

Let's care about everything that makes you, you

We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.

Let's care for your financial wellbeing

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

Let's care for your opportunities to progress

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.

Let's care for life's twists and turns

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.

Let's care for our society and our planet

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.

Care to join us?

Allianz Commercial is the center 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.

Learn more about careers at Allianz Commercial by clicking here.

Learn more about Allianz Commercial by clicking here

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 matters, and nurtures 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

Great to have you on board. Let's care for tomorrow

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 [e-mail]

Recruitment Agencies:
Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly. Failure to comply could/may result in the disqualification of the candidates and/or the termination of our contract and/or fees not being paid.

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