Actuarial Graduate in Property Pricing - Graduate Program 2026
München, DE, 81737 Unterföhring (bei München), DE, 85774
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.
We are looking for an Actuarial Graduate in Property Pricing to join our Allianz Commercial Graduate Program, based in Munich.
Our Opportunity:
Commencing in September 2026, this is your chance to kick-start your career in the insurance industry and begin an exciting journey with Allianz Commercial.
We are on the lookout for dynamic individuals eager to learn, grow, and make a real impact to our organization. In return, during your first year with us, you can expect extensive training alongside meaningful on the job learning opportunities.
Your Team:
The Global Pricing team, located across London, Munich, Bucharest, Chicago and New York, is part of the Chief Underwriting Office at Allianz Commercial and is responsible for understanding Allianz Commercial´s portfolios and their performance and for ensuring the pricing tools are calibrated to secure the company’s future profitability.
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.
Your responsibilities:
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Prepare and perform actuarial analysis for assigned business areas in property pricing, including documentation, communication, and explanation of results
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Continuously improve and maintain the data landscape to support pricing tasks and actuarial functions
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Develop, enhance, and apply global actuarial models, approaches, and processes
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Provide project support through documentation, testing, and validation of deliverables
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Collaborate closely with underwriters, market management, finance, group functions, and other actuarial teams to align business insights with financial outcomes
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Balance business requirements of Underwriting/LOBs with available resources and global priorities.
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Stay abreast of market practices and drive innovation within actuarial work
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Support multiple offices and Operating Entities (OEs), contributing to global alignment and consistency of actuarial practices
What You’ll Bring to the Role:
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Excellent tertiary qualification (ideally Master’s) in Mathematics, Statistics, or related discipline, or equivalent experience; progress toward actuarial professional qualifications preferred
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Strong mathematical and analytical skills with great attention to detail
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Finance and Insurance 'know-how'
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A basic understanding of artificial intelligence (AI) and its potential applications in business is essential
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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 analyze, 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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Fluent English language skills
Further Information:
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Duration: This is a permanent opportunity. After extensive training during the first 12 months on our Graduate Programme you will continue to work within the team and benefit from the lifelong learning opportunities that Allianz Commercial offers.
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Working Hours: Full-time
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Starting Date: September 2026
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To express your interest in this thrilling opportunity, simply upload your updated CV and carefully answer the mandatory questions in the application form.
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Kindly note that due to the high volume of received resumes, our response time may vary. We assure you that we will make every effort to provide timely feedback, although the process may take some time.
88505 | Actuarial | Entry Level | Allianz Commercial | Full-Time | Permanent
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.
Join us. 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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