Senior Pricing Actuary - MidCorp Long-Tail Lines

Job Level: Professional

Location:

München, DE, 81737 Unterföhring (bei München), DE, 85774 London, GB, EC2N 3AR

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: 96347

Position Cluster: Non-Executive

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 a Senior Pricing Actuary – Mid-Corp Long-Tail Lines, based in Munich or London.

Your Team:

The Global Pricing team sits within the Chief Underwriting Office at Allianz Commercial and is responsible for developing and embedding bestinclass pricing capabilities across the portfolio. The team is international by design, with colleagues based in London, Munich, Singapore, Chicago, and New York, working closely with underwriting, product, and actuarial communities worldwide. Our focus is on technical excellence, collaboration, and delivering sustainable profitability across Allianz Commercial.

The Impact You Will Have:

Reporting to the Head of Pricing MidCorp LongTail Lines, you will join the Global Pricing MidCorp team to support the development and implementation of advanced pricing capabilities for MidCorporate Liability and Financial Lines. You will play a key role in shaping global pricing standards, supporting operating entities, and embedding technical pricing solutions that enhance underwriting quality, governance, and longterm portfolio performance.

Some of your specific responsibilities could include:

Establishing and developing a global Pricing Center of Competence for MidCorp Financial Lines, setting bestpractice standards and supporting Allianz operating entities.
Supporting the implementation and ongoing enhancement of the Allianz Technical Price system, including analysis, testing, and monitoring.
Developing and calibrating MidCorporate pricing and costing tools within an agile software development environment.
Supporting global rollout, maintenance, and parameter updates of pricing tools across regions.
Conducting technical pricing analyses, scenario testing, and impact assessments using complex multinational datasets.
Delivering and enhancing pricing governance activities, including Functional Pricing Reviews, MidCorp Deep Dives, and Technical Price Certification.
Acting as a technical adviser and sparring partner for underwriters, pricing teams, and stakeholders globally.
Managing and contributing to pricing projects involving multiple internal and external stakeholders.
Supporting knowledge transfer, training, and capability uplift across global pricing communities.

What You’ll Bring to the Role:

A Bachelor’s, Master’s, or Ph.D. degree in Data Science, Applied Mathematics, Statistics, or a comparable discipline, with full actuarial qualification.
At least 5 years’ experience in technical pricing within P&C insurance, ideally with exposure to Financial Lines.
Strong expertise in developing, calibrating, and implementing pricing and costing tools.
Advanced quantitative modelling and data analysis skills using Python, R, SAS, VBA, and Microsoft Office tools.
Experience working with complex, multinational data landscapes and diverse regulatory environments.
Proven ability to manage projects with multiple stakeholders in an international setting.
Strong communication skills, with the ability to explain complex technical concepts to non‑technical audiences.
Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision-making is highly beneficial.
A proactive, organised, and collaborative mindset, with the ability to work effectively in fast‑paced, changing environments.
The ability to ensure ethical AI practices and stay updated with emerging AI technologies will be key to maintaining a competitive advantage.
Fluent in English, with the ability to communicate and negotiate confidently.

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.

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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