Actuarial Pricing Industrial Placement Program
London, GB, EC3V 0HR
Let’s care for tomorrow.
Your ambitions. Your dreams. Your tomorrow
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.
The Opportunity
Our Actuarial Pricing Industrial Placement Program is the perfect opportunity to gain meaningful work-experience with a global company in the dynamic and thriving insurance industry.
Starting on 8th June 2026, our Actuarial Pricing Industrial Placement Program will give you the opportunity to develop a range of skills while working within our Global Pricing team. During your year with us, you can expect extensive training alongside meaningful on-the-job learning opportunities.
This is an ideal opportunity for anyone looking to embark on a career as an Actuary and will provide you with the knowledge, skills and behaviors for future success.
We are looking for an undergraduate university student to join our London-based Actuarial Pricing team for a 1-year Industrial Placement Program.
Your Team
Our Global Pricing Team is a dynamic group of insurance experts dedicated to navigating through the complex landscape of pricing strategies worldwide. With a deep understanding of the insurance industry's nuances, we craft innovative pricing models that ensure our clients remain competitive in a rapidly evolving commercial market.
The Impact You Will Have
Reporting to the Head of Global Pricing Enablement, you will assist team members in supporting actuarial methodology and pricing across all lines of business. Based on your interests and abilities, you will get involved in a variety of pricing topics across some of the different lines of business (Liability, Financial Lines, Short Tail Lines, Specialty Lines) as well as other functions (Enablement projects, Predictive Modelling).
Some of your specific responsibilities during your Apprenticeship could include:
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Preparation and communication of pricing data (we will support you in developing the skills necessary to undertake this activity)
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Support the maintenance of pricing capability through the development of appropriate statistical pricing methodologies
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Understand market developments globally and ensure that loss trends are understood and reflected in our pricing activities
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Research topics relating to Global Pricing and undertake additional ad hoc tasks to contribute to the ongoing activity of the actuarial function.
What You’ll Bring to the Role
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Interest in an Actuarial career
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Strong mathematical and analytical skills with great attention to detail.
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Able to adapt and work effectively in different situations and remain calm under pressure
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Excellent communication and interpersonal skills
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Have a pro-active and positive attitude to team work, able to assist others and also take on your own responsibilities
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A curious and creative mindset, willingness to learn and enthusiasm to own and drive your personal development
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Ability to effectively absorb information from various sources, then analyse, study or examine data in detail, draw appropriate conclusions and present solutions to others
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Strong computer fundamentals such as Excel, VBA and SQL or Python experience preferred
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A basic understanding of artificial intelligence (AI) and its potential applications in business is essential.
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Fluent English language skills
Eligibility
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Currently enrolled on a bachelor's university degree course that includes a year in industry for the 2026/27 academic year.
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Studying a degree in a numerate subject such as Mathematics, Statistics or Economics
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Minimum Grade B in A-level Mathematics
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This industrial placement will commence on 8th June 2026. You must be available to start work on this date.
Further Information:
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This is a fixed-term opportunity for 12 months
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Working Hours: full-time (35h/week)
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Successful candidates will receive the London Living wage which is currently £13.85 per hour (£25,207 /year)
84491 | Actuarial | Student | Allianz Commercial | Full-Time | Temporary
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 tomorrows of our people, our industry and our clients.
Care to join us?
Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead.
Learn more about careers at Allianz Commercial by clicking here.
Learn more about Allianz Commercial by clicking here.
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 matters, 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.
Great to have you on board. Let's care for tomorrow.
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 agcsglobalcareers@allianz.com
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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