Senior Pricing Analyst/Assistant Manager

Allianz; Kuala Lumpur; On-site; MYR 90,000 - 130,000; Full time

Job summary

Allianz General Insurance Company (M) Berhad is seeking a Senior Pricing Analyst/Assistant Manager to own pricing design for retail products and to build and refine rating engines. You will deliver financial insights and support pricing strategies across the business.

You will collaborate with stakeholders, mentor junior staff, and drive portfolio performance using Python, SQL, and analytics to improve decision making and value for customers.

Qualifications

• Degree in Actuarial Science, Computer Science or Mathematics/Statistics.
• Analytical and problem-solving skills with attention to detail.
• Progress in actuarial examinations is advantageous.
• Strong English communication and collaboration abilities.

Responsibilities

• Define and develop technical and commercial pricing for retail products.
• Propose and implement pricing strategies to meet business objectives.
• Monitor portfolio performance and pricing effectiveness.
• Perform financial impact analysis and provide analytics support.
• Design, build, maintain, and optimize rating engines and rules.
• Mentor and develop junior members of the team.

Skills

Python

SQL

Analytical skills

Communication

Education

Actuarial Science

Computer Science

Mathematics/Statistics

Tools

Radar Base

Database software

Statistical modelling software

Job description

Senior Pricing Analyst/Assistant Manager, Pricing Department

Allianz General Insurance Company (M) Berhad

Looking for a career that allows you to take ownership of your work?

Be part of the biggest conventional general insurance in Malaysia! Utilise your analytical skillsets to contribute to the design of critical pricing engines, deliver financial insights, and set insurance pricing strategies. Develop and work with a team of bright, dedicated, and fun-loving individuals. Meet and collaborate with stakeholders from other functions who are passionate about insurance and delivering value to customers.

Key Responsibilities:

• Define and develop technical and commercial pricing for retail products
• Propose and implement pricing strategies and portfolio steering initiatives to meet business objectives
• Monitor portfolio performance and review effectiveness of pricing strategy
• Perform financial impact analysis and provide statistical & analytical support for other business functions
• Design, build, maintain, and optimize rating engines and underwriting rules
• Liaise, collaborate and effectively communicate with various stakeholders to drive business results. Present and convince respective stakeholders with valuate insights to support decision making.
• Mentor, supervise, empower, and develop capabilities of junior members

Key Requirements:

• Degree in Actuarial Science, Computer Science or Mathematics/Statistics equivalent
• Talents with at least 2-5 years of relevant work experience are encouraged to apply
• Good progress in internationally recognized actuarial examinations
• Keen attention to detail with strong analytical and problem-solving skills
• High learning agility and work efficiency
• Fluent in both written and spoken English, with good communication skills
• Advantages to candidates having knowledge and interest in Willis Towers Watson pricing software (especially Radar Base), database software, and statistical modelling software for analytics
• Proficient in the use of AI tools such as ChatGPT, Copilot, or similar technologies to enhance productivity and work quality
• Strong computer application skills in MS Office suite and programming language such as Python, SQL

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. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and 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. And the foundation for this is our inclusive workplace, where people and performance both matter, 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.