Actuarial Graduate in Property Pricing - Graduate Program 2026 - Allianz - München

Job description

We are looking for an Actuarial Graduate in Property Pricing to join our Allianz Commercial Graduate Program, based in Munich.

Our Opportunity:

Commencing in September 2026, this is your chance to kick-start your career in the insurance industry and begin an exciting journey with Allianz Commercial.

We are on the lookout for dynamic individuals eager to learn, grow, and make a real impact to our organization. In return, during your first year with us, you can expect extensive training alongside meaningful on the job learning opportunities.

Your Team:

The Global Pricing team, located across London, Munich, Bucharest, Chicago and New York, is part of the Chief Underwriting Office at Allianz Commercial and is responsible for understanding Allianz Commercial´s portfolios and their performance and for ensuring the pricing tools are calibrated to secure the company’s future profitability.

The Pricing team drives the global implementation of costing and pricing excellence for all commercial business. The role involves supporting team members, engaging in discussions with business units, and maintaining connections with other Actuarial departments and Group functions. You will provide project support, including documentation and testing of deliverables.

Your responsibilities:

Prepare and perform actuarial analysis for assigned business areas in property pricing, including documentation, communication, and explanation of results

Continuously improve and maintain the data landscape to support pricing tasks and actuarial functions

Develop, enhance, and apply global actuarial models, approaches, and processes

Provide project support through documentation, testing, and validation of deliverables

Collaborate closely with underwriters, market management, finance, group functions, and other actuarial teams to align business insights with financial outcomes

Balance business requirements of Underwriting/LOBs with available resources and global priorities.

Stay abreast of market practices and drive innovation within actuarial work

Support multiple offices and Operating Entities (OEs), contributing to global alignment and consistency of actuarial practices

What You’ll Bring to the Role:

Excellent tertiary qualification (ideally Master’s) in Mathematics, Statistics, or related discipline, or equivalent experience; progress toward actuarial professional qualifications preferred

Strong mathematical and analytical skills with great attention to detail

Finance and Insurance 'know-how'

A basic understanding of artificial intelligence (AI) and its potential applications in business is essential

Able to adapt and work effectively in different situations and remain calm under pressure.

Excellent communication and interpersonal skills

Have a pro-active and positive attitude to team work, able to assist others and also take on your own responsibilities.

A curious and creative mindset, willingness to learn and enthusiasm to own and drive your personal development.

Ability to effectively absorb information from various sources, then analyze, study or examine data in detail, draw appropriate conclusions and present solutions to others.

Strong computer fundamentals such as Excel, VBA and SQL or Python experience preferred.

Fluent English language skills

Further Information:

Duration: This is a permanent opportunity. After extensive training during the first 12 months on our Graduate Programme you will continue to work within the team and benefit from the lifelong learning opportunities that Allianz Commercial offers.

Working Hours: Full-time

Starting Date: September 2026

To express your interest in this thrilling opportunity, simply upload your updated CV and carefully answer the mandatory questions in the application form.

Kindly note that due to the high volume of received resumes, our response time may vary. We assure you that we will make every effort to provide timely feedback, although the process may take some time.

Offers “Allianz”

Job description