Senior Pricing Actuary - 24-month Fixed Term Contract (m/f/d)

<p> </p> <p>Let’s care for tomorrow.<br/> Your ambitions.  Your dreams.  Your tomorrow.</p> <p> </p> <p>Whether it’s aircraft, international business, offshore wind parks or Hollywood film productions, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.  </p> <p> </p> <p>We are looking for a Senior Pricing Actuary -  24-month Fixed Term Contract based in London or Munich.</p> <p> </p> <p>Your Team </p> <p>The Integrated Commercial Pricing team is part of the Chief Technical Office Function, and a sub-stream of the Pricing Transformation team as well as part of the Global Pricing department at Allianz Commercial. It is responsible for driving the pricing infrastructure transformation within Pricing across AZ Commercial globally. </p> <p> </p> <p>You will join an international department located across London, Munich, Bucharest, Singapore, Chicago, and New York.</p> <p> </p> <p>The Impact You Will Have <br/> Reporting to the Integrated Commercial Pricing Lead you will join our new Integrated Commercial Pricing team for two years to implement a harmonized single pricing service for MidCorp and LargeCorp to enable scalability of centrally administered business logic. This implementation is building on current Allianz Group solutions (RADAR and Python) and is based on functionality already available and owned by Allianz (GCPA). </p> <p> </p> <p>Some of your specific responsibilities could include:</p> <p> </p> <ul> <li>Function as intermediary between MidCorp and LargeCorp teams with respect to modularisation of pricing algorithm for selected lines of business</li> <li>Collaborate with other stakeholders in Global Pricing and Underwriting</li> <li>Support the implementation of a modular pricing service across a variety of business lines at AZ Commercial (hands-on)</li> <li>Execute impact studies on MidCorp and LargeCorp data to quantify impact, and subsequently communicate results</li> <li>Contribute to the development of the Pricing processes</li> <li>Develop an expert knowledge of the company’s data and data systems</li> <li>Peer review work from other team members</li> </ul> <p> </p> <p>What You’ll Bring to the Role</p> <p> </p> <ul> <li>Advanced degree in a quantitative field desirable, preferably with significant emphasis on statistical modelling or machine learning, e.g., Statistics, Data Science, Machine Learning, Computer Science, or a related field</li> <li>Qualified P&amp;C Actuary preferable</li> <li>Comprehensive and strong experience in building and implementing pricing models in the insurance industry for P&amp;C commercial lines</li> <li>Previous Large Corporate pricing experience preferable</li> <li>Strong knowledge of P&amp;C insurance and pricing techniques requiredExperience in building and validating models using statistical software (Python, R, Emblem, SAS, etc.)</li> <li>Conceptual understanding of APIs and their use in cloud applications</li> <li>Strong SQL (or comparable) programming skills</li> <li>Hands-on understanding of a wide range of classical and modern statistical and machine learning methods such as GLMs, decision trees, ensemble and regularization techniques, etc. Experience with Bayesian approaches is desirable</li> <li>Ability to work efficiently and effectively with large data sets from a variety of sources, including both internal and external data</li> <li>Organized, self-motivated, results-oriented, collaborative, and very resourceful</li> <li>Passionate about continuously learning new technical skills</li> <li>Ability to build strong working relationships within the business area</li> <li>Fluent English skills</li> </ul> <p> </p> <p>39420 | Actuarial | Professional | Allianz Commercial | Full-Time | Temporary</p> <p> </p> <p>What’s in it for you?</p> <p><br/> Let’s care about everything that makes you, you<br/> We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working.  Please feel free to discuss flexible working arrangements with us.</p> <p> </p> <p>Let’s care for your financial wellbeing<br/> We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.</p> <p> </p> <p>Let’s care for your opportunities to progress<br/> From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.</p> <p> </p> <p>Let’s care for life’s twists and turns<br/> From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back. </p> <p> </p> <p>Let’s care for our soci