Pricing Analyst

Job Level:  Professional
Location: 

London, GB, EC3V 0HR

Area of Expertise:  Actuarial
Unit:  Allianz Commercial
Employing Entity:  Allianz Global Corporate & Specialty SE
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  75051
Position Cluster:  Non-Executive
 
 

Let’s care for tomorrow. 

Your ambitionsYour 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.   

 

We are looking for a Pricing Analyst, based in London. 

  

Your Team  

The Global Natural Ressources and Construction Pricing team is part of the Chief Underwriting Office at Allianz Commercial and is responsible for understanding Allianz’s portfolios and their performance and for ensuring the pricing tools are calibrated to secure Allianz’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. The role involves supporting team members, engaging in discussions with business units, and maintaining connections with other Actuarial departments and Group functions. You will provide project support, including documentation and testing of deliverables. 

 

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 

  • Contribute to pricing projects through data analysis/manipulation using SQL/Python coding 

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

 

What You’ll Bring to the Role 

  • Progress towards recognized professional qualification (first Actuarial exams passed) where applicable. 

  • Finance and Insurance know-how (ideally P&C)  

  • Strong mathematical and analytical skills with great attention to detail 

  • Experience in the development and data-driven calibrations of pricing tools 

  • Strong computer and programming skills in, such as, SQL (or similar), VBA, R, Python an advantage 

  • The ability to utilize AI tools to support day-to-day tasks, improve efficiency, and contribute to data-driven decision-making is valuable 

  • Self-motivated / proactive with natural curiosity to ask probing questions and ensure that those questions lead to appropriate action 

  • Results orientated with a proven track-record of delivering on-time projects and process improvements 

  • Ability to work in an international / virtual environment 

  • Fluency in English  


75051 | 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 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.

 

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 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.

 

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