Pricing Analyst

Allianz Services is proud to serve and be part of Allianz Group, one of the world's leading insurers and asset managers. Our global footprint, with more than 7,300 employees located across ten countries and four continents, enables us to unlock value for our partners across the insurance value chain and deliver superior client experience within Allianz Group. At Allianz Services, we have a strong specialization in core insurance operations, shared services, business analytics, engineering, and management consulting. Our people and our trusted relationships with partners are what matter most. These are rooted in our values of compassion, integrity, and expertise and we strive to continuously evolve, improve, and deliver excellence while contributing successfully to the transformation of Allianz. Caring actively for the environment, for people, and for our customers is what makes us a great place to work and together we are shaping a better and more caring tomorrow.   

Allianz Services is a company which belongs to the legal entity, Allianz Technology SE.   

Job role

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

Allianz Commercial is undergoing significant transformations in its pricing platforms and seeks to expand its Global Pricing team to support this evolution and contribute to ongoing projects focused on portfolio performance and pricing analyses. In this role, you will be a vital member of the Property and Natural Resources & Construction team. You will support the development and implementation of pricing strategies with a focus on natural catastrophe pricing, while also contributing to cross-line pricing best practices and technical excellence. Your role will involve guiding the performance of portfolios, informing pricing strategies to meet long-term profit targets, and ensuring AGCS's agility in adapting pricing improvements.

What you will do

• Support the development and maintenance of the cross-lob modelled and non-modelled cat pricing. In particular, this involves the refinement of the pricing tools through updates of hazard maps/vendor models, recalibrations and the development of appropriate statistical pricing methodologies
• Contribute to pricing projects through data analysis/manipulation using SQL/Python coding
• Support the regular deep-dive profitability reviews of the portfolio.
• Monitor outcomes of the portfolio actions implemented following profitability analyses
• Support underwriters through Case pricing of the largest and more complex accounts.
• Successfully collaborate across the P,NR&C pricing team and peer review work from other team members if required

What you bring

• Part qualified P&C Actuary
• Strong computer skills, particularly Excel, VBA and SQL/Python
• Ability to work with complicated multi-national data landscape
• Experienced in discussing technical information to a non-technical audience
• Strong mathematical and analytical skills with great attention to detail, Including an ability to effectively analyze and interpret data

You have

• Have 2-4 years of general insurance experience in a quantitative role
• Self-motivated / proactive with natural curiosity to ask probing questions and ensure that those questions lead to appropriate action
• Experience of commercial lines pricing desirable, ideally large corporate and specialty lines

What we offer

We support your well-being

• Access dedicated counseling services, mental health resources, and well-being sessions designed to keep you feeling your best
• Enjoy a personalized benefits package through a monthly budget on the Benefit platform, covering medical subscriptions, meal tickets, private pension plans, life insurance, Allianz Tiriac exclusive insurance discounts, and many more.
• Prioritize what truly matters with time off on your birthday, additional vacation days for each year with Allianz (up to five extra days), Paid leave on December 24th and 31st, plus the flexibility to swap weekend holidays for extra days off, and special allowances for significant life events.

We invest in your growth

Take advantage of an extensive learning curriculum tailored to support your career growth and meet your professional needs, with access to a wide range of technical and soft skills trainings, international certifications (including Agile, Lean Six Sigma, PRINCE2, ITIL, IFOA, ACCA, IACCM, and more), learning resources from LinkedIn and Allianz platforms, language development opportunities (German, French, English), and our dedicated Leadership Program to help you reach the next level.

We value you and your work

We acknowledge and recognize your work through performance-based rewards to celebrate your achievements, team, and individual recognition programs to celebrate your contributions and internal referral bonuses.  

Your personal information, including sensitive data, may be shared with Hiring Managers to evaluate your suitability for the role. Only candidates who meet the criteria will be contacted, and all applications will be treated with strict confidentiality.

Allianz Group, , a trusted global insurance and asset management company, values inclusion, and integrity at its core. We foster an empowering environment that supports employee ambitions and challenges. Committed to fairness, we welcome applications from individuals of all backgrounds, regardless of ethnicity, age, gender, nationality, religion, disability, or sexual orientation. At Allianz, we encourage you to bring your whole self to work

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