Actuary – Pricing AnalyticsJOB PURPOSE/ROLE
In this role, your primary responsibility will be the development and maintenance of pricing tools, which provide underwriters with a benchmark price for the risks they write. You will also provide analytics to the relevant business units and other stakeholders in order to assist with the active steering of the business.
The Pricing Analytics team is responsible for technical price development and analytics across AGCS globally. The team is spread across London, Munich, Bucharest and Chicago.
Develop and maintain pricing tools, in particular, this involves refinement of the tools through recalibrations and the development of appropriate statistical pricing methodologies
Establish an excellent working relationship with Underwriting to ensure their long-term support for the pricing tools
Provide regular reporting and analysis from the pricing tool data, to assist management with the active steering of the portfolio, particularly monitoring of risk adjusted rate changes
Develop ad-hoc reports in close collaboration with the relevant business units and other stakeholders, as the need arises
Develop strong processes around modeling, reporting and analysis
Peer review work from other team members
Provide guidance to junior team members, in particular, define the day-to-day workload of a junior team member
Analyze the profitability of individual accounts and/or business segments, as required
Successfully collaborate with multiple departments within AGCS
Qualified P&C Actuary
At least 3 years of pricing experience required
Knowledge of Specialty Lines is an advantage
Strong computer skills, particularly Excel, VBA & SQL
Excellent communication skills
Ability to build strong working relationships within management and the business areas
Previous experience of successfully managing projects to completion
Ability to work in an international environment
Desire to be involved in wider corporate issues
At Allianz Global Corporate & Specialty (AGCS) we offer the opportunity to work in a dynamic environment with global challenges at the world’s leading P&C insurer.
Did you know Allianz insures more than half of the Fortune Global 500® companies, or that AGCS insures major movie productions, cyber security threats, and that we are the leading specialist in satellite and space insurance?
We have offices in 29 countries and with our extensive Allianz and partner network we help customers in more than 160 countries worldwide.
At AGCS UK we are not only impressive for our clients, but also for our employees as we offer the following generous benefits:
Flexible buy/sell holiday options
Bupa private medical insurance
Generous pension contributions
Enhanced paid maternity, paternity, shared parental leave
Flexible working options
Subsidised on-site massages
25% off Allianz Insurance products
Employee stock purchase plan for Allianz shares
Education / study sponsorship
Global mobility within AGCS and the wider Allianz Group
…and many more individual flexible benefits to choose from. We pride ourselves on our approach to wellbeing and provide regular seminars, activities, and events devoted towards the overall health of our employees.
We are looking for talented individuals who are passionate about what they do – come and find out why AGCS is the place for you!
Allianz is the home for those who dare – a supportive place where you can take the initiative to grow and to actively strengthen our global leadership position. By truly caring about people – both its 85 million private and corporate customers and more than 142,000 employees – Allianz fosters a culture where its employees are empowered to collaborate, perform, embrace trends and challenge the industry. Our main ambition is to be our customers’ trusted partner, instilling them with the confidence to grow. If you dare, join us at Allianz Group.
Allianz Global Corporate & Specialty (AGCS) is the Allianz center for corporate and specialist risk, servicing clients worldwide across the whole spectrum of marine, aviation, corporate and industrial insurance.
At Allianz Global Corporate & Specialty we have built a team and a culture that are as innovative as our products, and we continue to grow because we help our employees to do the same. We believe that work should be rewarding, and that good work should be rewarded. We offer opportunity, and expect excellence. And we do this all with high ethical standards and a commitment to our community. If you are ready to grow, and if you want to be rewarded, Allianz Global Corporate Specialty is the place for you. Everyone is welcome to apply, regardless of gender, national origin, ethnicity or possible disability.
More information about careers at Allianz Global Corporate Specialty can be found at http://www.agcs.allianz.com/careers