We are looking for a Senior Pricing Actuary, Large Corp Financial Lines, based in London.
Your Team
The Global Pricing team is part of the Chief Underwriting Office at AGCS and is responsible for understanding the AGCS portfolio, the performance and the delivery of sustainable profitability across the Allianz Commercial business segment. You will join an international team located across London, Munich, Bucharest, Chicago and New York.
The Impact You Will Have
We are seeking a highly skilled and experienced Senior Pricing Actuary to join our Global Pricing Long‑Tail team. Reporting to the Head of Pricing Financial Lines Large Corp, you will advance global pricing capabilities and support the Large Corp Financial Lines business line (including the segments Management Liability Commercial, Management Liability Financial Institutions and Professional Indemnity). You will assess segment‑level profitability, feed into underwriting strategy, portfolio management and technical price implementation, and reporting, and be an integral part of the Case & Portfolio solutions pricing process.
Responsibilities
Conduct in-depth profitability reviews proactively and in response to concerning leading KPIs, analyzing individual accounts and business segments, ensuring findings lead to meaningful portfolio actions and are integrated into technical pricing models.
Develop and maintain pricing and underwriting tools, refining them through recalibrations and statistical pricing methodologies. Identify market trends and recommend pricing strategy adjustments to optimise profitability and competitiveness.
Assist Underwriting in pricing for individual cases and portfolio solutions, ensuring alignment with strategic objectives.
Oversee the outcomes of steering activities following profitability analyses and pricing implementation, ensuring effective monitoring and adjustments as needed.
Apply advanced actuarial techniques and predictive analytics to assess risk and model pricing scenarios. Collaborate with Global Pricing teams to improve pricing accuracy.
Support the Allianz Commercial setup by providing Large Corp expertise to enhance pricing capabilities for Mid and Large Corp segments.
Qualifications
Master’s or Ph.D. in Data Science, Applied Mathematics, Statistics, or a comparable discipline.
Qualified P&C Actuary.
At least 7 years experience in a pricing‑focused actuarial role, ideally within the commercial insurance or reinsurance sector.
Expert knowledge in Casualty Lines (Liability, Financial Lines) portfolio.
In‑depth knowledge of actuarial predictive modelling techniques for an international portfolio, with high volatile segments and challenging data availability.
Strong ability to work closely with Underwriters and support in individual risk assessment and pricing.
Advanced proficiency in statistical computing language and actuarial modelling software and tools (e.g., Python, R, SAS or equivalent). Solid programming experience.
Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision‑making is highly beneficial.
Excellent communication and presentation skills, with the ability to translate complex actuarial concepts for non‑technical audiences.
Ability to work in a team with experience in mentoring and developing junior professionals.
Strong conceptual and strategic capabilities, combined with flexibility, creativity, and innovation skills.
Ability to work effectively in a fast‑paced and changing environment.
Excellent command of the English language (both written and spoken); other languages are a plus.
Benefits
Hybrid working model with flexible arrangements.
Performance‑based compensation, generous bonus scheme and pension.
Career development and digital learning programs, international career mobility.
Health and wellbeing support (private healthcare) and generous parental leave benefits.
Opportunities to contribute to sustainability and social impact initiatives.
Equal Opportunity Employment
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.
People With Disabilities
We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please e‑mail agcsglobalcareers@allianz.com.
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