Senior Actuarial Analyst
Chicago, IL, US, 60606 New York, NY, US, 10005 Alpharetta, GA, US, 30022
Let’s care for tomorrow.
Your ambitions. Your dreams. Your tomorrow
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:
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Support the regular deep-dive profitability reviews of the portfolio.
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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.
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Monitor outcomes of the portfolio actions implemented following profitability analyses
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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
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Contribute to pricing projects through data analysis/manipulation using SQL/Python coding
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Support underwriters through Case pricing of the largest and more complex accounts.
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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
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Progress towards an Actuarial designation’
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Strong mathematical and analytical skills with excellent attention to detail;
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2-3 years experience in technical pricing, preferably P&C commercial lines;
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Experience in developing and calibrating pricing tools for various lines, and managing projects with multiple stakeholders.
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Understanding of data analysis, automation, and AI tools, with an awareness of ethical AI usage;
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Proficiency with complex, multi-national data landscapes and advanced Excel skills, including VBA.
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Experience with SQL
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Knowledge of Python, R, JavaScript/CSS, Palantir Foundry, and Machine Learning is a plus;
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Ability to explain technical information to non-technical audiences, build strong working relationships, and deliver projects on time; and
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Self-motivated, proactive, organized, and results-oriented.
- A basic understanding of artificial intelligence (AI) and its potential applications in business is essential.
The annualized base pay range for this role is $122,017 – $133,000. The annual base salary range represents a nationwide market range. The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AzC total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.
78169 | Actuarial | Professional | Allianz Commercial | Full-Time | Permanent
What’s in it for you?
Let’s care about everything that makes you, you
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.
Let’s care for your financial wellbeing
We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.
Let’s care for your opportunities to progress
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.
Let’s care for life’s twists and turns
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.
Let’s care for our society and our planet
With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrow of our people, our industry, and our clients.
Care to join us?
Allianz Commercial is the Allianz Group brand serving the world’s largest consumer brands and major industry players through to family-owned enterprises forming the backbone of nations’ economies. We bring together the corporate multinational business of Allianz Commercial and the commercial business of national Allianz Property & Casualty entities and provide both traditional and alternative risk transfer solutions, outstanding risk consulting and Multinational services as well as seamless claims handling.
As a key strategic player in the Allianz Group network, Allianz Commercial is present in over 200 countries and in 2022 generated more than €19 billion gross premium.
Learn more about careers at Allianz Commercial by clicking here.
Learn more about Allianz Commercial by clicking here.
Allianz is an equal opportunity employer and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our culture.
People with disabilities:
We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email
Recruitment Agencies:
Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly. Failure to comply could/may result in the disqualification of the candidates and/or the termination of our contract and/or fees not being paid.
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Nearest Major Market: Chicago
