Senior Actuarial Analyst

 

Let’s care for tomorrow. 

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At Allianz Commercial (AzC), we are the global leader for insuring corporate and specialty risks in the Allianz Group.  Whether it’s aircraft, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.  

 

We are looking for a Senior Actuarial Analyst, based in New York, Alpharetta, or Chicago. 

  

Your Team  

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

 

The Impact You Will Have  

The Pricing team drives the global implementation of costing and pricing excellence for all commercial business. To advance with this approach, Allianz Commercial is seeking a Senior Actuarial Analyst to actively shape and reposition the Group's pricing capabilities. In this role you will define pricing excellence, and you will collaborate on various activities to support Allianz operating entities globally in excellence achievement: 

 

Some of your specific responsibilities could include: 

 

• Support the regular deep-dive profitability reviews of the portfolio.  

• Develop and maintain pricing tools, in particular this involves refinement of the tools through recalibrations and the development of appropriate statistical pricing methodologies and the development of tool specifications to support IT enhancements. 

• Monitor outcomes of the portfolio actions implemented following profitability analyses 

• 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 underwriters through Case pricing of the largest and more complex accounts. 

• Successfully collaborate across the Property and Natural Resources & Construction pricing team and peer review work from other team members if required. 

 

What You’ll Bring to the Role 

• Progress towards an Actuarial designation’ 

• Strong mathematical and analytical skills with excellent attention to detail; 

• 2-3 years experience in technical pricing, preferably P&C commercial lines; 

• Experience in developing and calibrating pricing tools for various lines, and managing projects with multiple stakeholders. 

• Understanding of data analysis, automation, and AI tools, with an awareness of ethical AI usage; 

• Proficiency with complex, multi-national data landscapes and advanced Excel skills, including VBA. 

• Experience with S