Senior Actuary, Pricing

Position Summary:

We are seeking a Senior Actuary to join our dynamic pricing team in the Europe. The position is a part of an international team, responsible for markets in Europe, with focus on UK market (our market #1 in Europe). 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.

Key Responsibilities

• 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.

Required Skills and Experience

• 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.

• Interpersonal Skills:

• • Excellent communication and presentation skills, with the ability to translate complex actuarial concepts for non-technical audiences.

• • Ideally, you have experience mentoring and developing junior professionals.

• Analytical Mindset:

• • 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.

89590 | 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.

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.

Join us. Let's care for tomorrow.