Junior Pricing Actuary

Allianz Direct Spa; Lombardia; On-site; EUR 35,000 - 40,000; Full time

Job summary

Allianz Direct Spa is seeking a Junior Pricing Actuary to join the Portfolio Performance & Advanced Analytics team to manage motor and non-motor tariffs and analyze profitability KPIs of the company portfolio.

You will define tariffs, review rate requirements, draft technical documents, and collect data to support portfolio analysis and ad hoc simulations. Strong analytical skills and team collaboration are essential.

Qualifications

• Master's degree in Statistics/Mathematics/Actuarial Sciences.
• Proficiency in Python, SQL, SAS, or R.
• Strong MS Office skills (Word, Excel, PowerPoint).
• Strong analytical and communication abilities.
• Curiosity for new methods and ongoing learning.
• Team-oriented, proactive, and able to work in a global environment.
• Fluent in Italian and English (written and spoken).

Responsibilities

• Tariff definition and review based on statistical models and profitability analysis results
• Evaluation and update of Rate Requirement
• Drafting and reviewing technical documents
• Data collection and processing to support portfolio analysis and ad hoc simulations
• Portfolio monitoring based on main profitability KPIs
• Profitability analysis based on statistical modelling

Skills

Statistics/Math/Actuarial

Python

SQL

R

Office Suite

Data Analysis

Team spirit

Italian & English

Education

Master's degree in Statistics/Mathematics/Actuarial Sciences

Job description

Junior Pricing Actuary

JOB PURPOSE/ROLE

The candidate would be required to join Portfolio Performance & Advanced Analytics team to manage all motor and non-motor tariffs and analyse the main profitability KPIs of Company portfolio.

The candidate will be required to perform the following activities:

• Tariff definition and review based on statistical models and profitability analysis results
• Evaluation and update of Rate Requirement
• Technical documents drafting and review
• Data collection and processing to support standard portfolio analysis and monitoring ones or ad hoc simulation.
• Portfolio monitoring based on main profitability KPIs
• Profitability analysis based on statistical modelling

KEY REQUIREMENTS/SKILLS/EXPERIENCE

• Master's degree in Statistics/ Mathematics/ Actuarial Sciences
• Python/ Sql/ Sas/ R
• Office (MS Word, Excel and PowerPoint)
• Strong analysis, problem-solving, and communication skills
• Curious about new approaches and committed to continually increase technical knowledge
• Team spirit, self-motivation, and a proactive result-driven working style as well as ability to interact in a global work environment with people from different countries and cultures.
• Fluent in Italian and English (both written and spoken)

Pursuant to Article 5(1) of Legislative Decree No. 96 of 7 May 2026, as amended and supplemented from time to time, the range applicable to the position offered is between € 35.000 gross and € 40.000 gross. Employment will be subject to the terms and conditions set forth in the National Collective Labor Agreement for Insurance Companies and the applicable Company Agreement. The final determination of the starting remuneration will be based on an evaluation of the candidate’s qualifications, skills, and relevant experience in relation to the requirements of the role.

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges is what makes us a unique employer.

We are united by a shared commitment: to put our customers first and at the centre of everything we do. Their needs inspire our thinking and guide our actions.

Together, we can build an environment where everyone feels empowered and confident to explore, grow and shape a better future – for our customers and for the world around us. 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. The foundation for this is our inclusive workplace, where people and performance both matter, and where integrity, fairness, inclusion and trust are at the heart of our culture.

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.

Both genders may apply in accordance with the L. 903/77 (s.m.i).