Senior Actuary, Pricing

Allianz; Greater London; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

A leading insurance company is seeking an experienced Senior Actuary to join their pricing team in London. This role involves developing pricing strategies, conducting data analysis, and mentoring junior actuaries. Candidates should possess at least 5 years of actuarial experience, advanced modeling skills, and a strong understanding of UK regulatory requirements. The position offers an opportunity to contribute to innovative pricing solutions in a dynamic environment, with a focus on the UK market.

Benefits

Competitive salary

Career development opportunities

Diverse and inclusive workplace

Qualifications

• Minimum 5 years in a pricing-focused actuarial role.
• Proven experience delivering growth-driven pricing strategies.
• Advanced proficiency in actuarial software.

Responsibilities

• Lead pricing strategy development aligned with business goals.
• Conduct data analysis using predictive modeling techniques.
• Monitor portfolio performance and propose pricing adjustments.

Skills

Actuarial modeling

Data analysis

Communication

Leadership

Problem-solving

Education

5+ years experience in actuarial pricing

Tools

Emblem

Radar

Python

Job description

We are seeking a highly skilled and experienced Senior Actuary to join our dynamic pricing team in Europe. The role focuses on the UK market and is part of an international team responsible for pricing strategies, decision‑making and innovation across the organization.

What you do

• Pricing Strategy Development:
  • Lead the development and refinement of pricing models, ensuring alignment with business objectives and regulatory requirements.
  • Identify market trends and recommend adjustments to pricing strategies to optimize profitability and competitiveness.
• Data Analysis and Modeling:
  • Utilize advanced actuarial techniques and predictive analytics to assess risk and model pricing scenarios.
  • Collaborate with data scientists to enhance pricing accuracy through machine learning and other innovative methodologies.
• Stakeholder Management:
  • Communicate pricing insights and recommendations to senior management, underwriting teams, and key stakeholders.
  • Act as a key advisor on pricing‑related matters, supporting executive decision‑making.
• Regulatory Compliance:
  • Ensure all pricing practices comply with relevant regulatory and industry standards.
  • Stay informed on changes to regulatory frameworks and assess their impact on pricing strategies.
• Team Leadership:
  • Mentor and develop junior actuaries, fostering collaboration and continuous improvement.
  • Lead project teams, ensuring timely delivery of high‑quality outcomes.
• Performance Monitoring:
  • Monitor portfolio performance and recommend adjustments to pricing structures as needed.
  • Conduct regular reviews of pricing models to ensure they remain robust and fit for purpose.

What you bring

• Experience:
  
  • At least 5 years experience in a pricing‑focused actuarial role, ideally within the insurance or reinsurance sector.
  • Proven track record of delivering pricing strategies that drive business growth and profitability.
• Technical Skills:
  
  • Advanced proficiency in actuarial modeling software and tools (e.g., Emblem, Radar, Python, and equivalents).
  • Strong understanding of statistical and predictive modeling techniques.
  • Knowledge of UK regulatory requirements and Solvency II.
• Interpersonal Skills:
  
  • Excellent communication and presentation skills, with the ability to translate complex actuarial concepts for non‑technical audiences.
  • Strong leadership and team management abilities, with experience mentoring and developing junior professionals.
• Analytical Mindset:
  
  • Exceptional analytical and problem‑solving skills, with a strategic and commercial outlook.

Preferred Qualifications and Attributes

• Experience with pricing in a travel line of business
• Familiarity with emerging technologies and their application in pricing (e.g., AI, machine learning)
• Ability to work effectively in a fast‑paced and changing environment
• Preferred location is UK but open to other EU countries

What we offer

Allianz Partners is a world leader in B2B2C insurance and assistance, offering global solutions across international health and life, travel insurance, automotive and assistance. We are customer‑driven and continuously redefining insurance services through future‑ready, high‑tech, high‑touch products and solutions that go beyond traditional insurance.

Allianz Group is one of the most trusted insurance and asset management companies in the world. We care for our employees’ ambitions, dreams and challenges, fostering a workplace where everyone feels empowered to explore, grow and shape a better future for our customers and the world around us.

We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal‑opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We welcome applications regardless of ethnicity, cultural background, age, gender, nationality, religion, disability or sexual orientation.

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