Senior Actuary, Pricing

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We are seeking a highly skilled and experienced Senior Actuary to join our dynamic pricing team in the Europe. The position is a part of international team, responsible for markets in Europe, with strong focus on UK market. This is an exciting opportunity to lead pricing strategies, influence decision-making, and contribute to the ongoing success of our organization. As a Senior Actuary, you will collaborate with cross-functional teams to deliver innovative solutions, ensuring the organization remains competitive in the market.

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 within the team to enhance pricing accuracy through machine learning and other innovative methodologies.
• Stakeholder Management:
  • Communicate pricing insights and recommendations to senior management, underwriting teams, and other key stakeholders.
  • Act as a key advisor on pricing-related matters, supporting decision-making at an executive level.
• 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 within the team, fostering a culture of 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 equivalent).
  • 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 that span international health and life, travel insurance, automotive and assistance. Customer driven, our innovative experts are redefining insurance services by delivering future-ready, high-tech high-touch products and solutions that go beyond traditional insurance. Our products are embedded seamlessly into our partners' businesses or sold directly to customers and are available through four commercial brands: Allianz Assistance, Allianz Automotive, Allianz Travel and Allianz Care.

66527 | Actuarial | Professional | Non-Executive | Allianz Partners | Full-Time | Permanent 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. 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 therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation. Join us. Let's care for tomorrow.