Global Head of Pricing F/M

The role

Allianz Trade, global leader in Trade Credit Insurance and diversifying into new Lines of Business such as Surety, Fidelity, E-Commerce, Multinationals and Specialties, with presence accross 6 Regions and 50 countries, is looking for a Global Head of Pricing to join the Global Commercial Underwriting, Products & Pricing Team which is part of the Commercial Function. This is an exciting opportunity to build and lead robust pricing governance, strategies and models in an international and cross-functional context with the goal to reinforce Allianz Trade's competitive advantage.

The position reports in the Global Head of Commercial Underwriting, Products & Pricing.

Main tasks

Scope: Global, for all Lines of Business

What you do

Pricing governance

• Implement and steer a structured pricing governance (incl. Pricing Smart Circles) accross Group Functions, Regions and Lines of Business 
• Implement and facilitate an operational Pricing community accross Group Functions, Regions and Lines of Business 
• Ensure pricing-related functional rules and charters are up-to-date, communicated and enforced at Group, Region, BU and Lines of Business levels
• Ensure full compliance of pricing governance and steering of Allianz Trade to Allianz Standards, Internal Audit and Regulatory & Industry standards

Pricing Strategy

• Recommend pricing strategies for all Lines of Business 
• Provide both support and challenge to Regions and Lines of Business in the design, steering and continuous adjustment of their pricing strategies
• Monitor quoted vs. technical price, portfolio performance and market trends to best iterate pricing strategies for all Lines of Business and optimize profitability & competitiveness

Pricing Models & Tools Development and Continuous Improvement

• Lead the development, validation, maintenance and continuous refinement of pricing models for all Lines of Business
• Utilize data analytics, statistical analysis and actuarial techniques to update existing pricing models and develop new ones for all Lines of Business
• Perform machine learning modelling in the scope of insurance credit risk management in collaboration with data scientists in the Group Data Analytics team
• Ensure alignment of the pricing models for all Lines of Business with business objectives and regulatory requirements
• Provide both support and challenge to the Lines of Business on pricing models 
• Ensure the implementation of the pricing models for all Lines of Business within operational processes and IT tools/systems
• Detect and recommend the appropriate pricing model for each product and Line of Business
• Ensure pricing models are delivered for all new products in all Lines of Business
• Conduct analytic studies to challenge expert-driven assumptions and bring further granularity in model parameters
• Conduct regular reviews of pricing models accross Lines of Business to ensure they remain robust and fit for purpose

Pricing Insights & Analysis

• Prepare and analyze complex datasets, ensuring data quality and appropriateness to derive pricing actionnable insights for all Lines of Business
• Develop and monitor reportings or data visualizations to steer pricing and underlying KPIs for all Lines of Business
• Provide both support and challenge to Regions and Lines of Business in pricing analysis and insights

Stakeholder Management & Leadership

• Collaborate with a large varietery of stakeholders to deliver the required results and outcome (Group Data Analytics, Distribution, Credit, Claims, Finance, Actuarial, Reinsurance, Risk, Economic Research, O&C, IT...)
• Act as a key advisor on pricing-related matters, and communicate actionable insights, recommendations and updates on pricing-related mattto senior management (including Board Level) and other key stakeholders
• Lead and develop a small team and larger community of stakeholders

Profile

 At least 5 years experience in a pricing-focused actuarial role within the insurance, reinsurance or banking sector

Technical skills:

• Knowledge of actuarial and risk management principles, preferably with an actuarial degree
• Knowledge of corporate finance, Solvencey 2 principles and understanding of financial statements
• Experience in actuarial modeling software and tools (e.g., Emblem, Radar, Python)
• Experience in data preparation, data analytics and data vizualization (e.g., MicroStrategy)
• Strong understanding of statistical and predictive modeling techniques
• Familiarity with emerging technologies and their application in pricing (e.g., AI, machine learning)

Interpersonal skills:

• Excellent communication and presentation skills, with the ability to translate complex actuarial concepts for non-technical audiences
• Excellent analytical and problem-solving skills, with a strategic and commercial outlook
• Ability to navigate environments with multiple stakeholders and to influence 
• Ability to work effectively in a fast-paced and changing environment

#Paris

#France

#LI-JG1

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.  

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust. 

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations. 

Join us. Let's care for tomorrow. 

Note: Having different strengths, experiences, perspectives and approaches is an integral part of Allianz‘ company culture. One means to achieve this is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company expects from its employees a general openness and a high motivation to regularly change positions and collect experiences across Allianz Group.