Product and Pricing Actuary

Experience : 5+yrs

Key Responsibilities 

• Work as an extended team of the ADH actuaries to support various product approval, pricing and Health governance activities.
• Support ADH in the product approval process for retail and group health business of global Allianz OEs with:
  • Assessment of the initial Health product design and pricing developed by the OE.
  • Enhancement of the product and pricing with quality, data-driven, practical solutions.
  • Coordination with ADH, other Group functions and the OE, as required, to ensure timely completion of the product approval process.
• Support ADH in assessing the product and pricing maturity of different OEs with deep dive of the current practices and approach in the OE, identifying the gaps/ improvement areas and suggesting the possible enhancements to improve the product and pricing.
• Support ADH in any other ad-hoc Health actuarial activities
• With a strong problem solving and analytical acumen, understand the existing business challenges and develop data driven solutions that may go beyond the existing practices in a highly dynamic and fast paced environment.
• You bring your knowledge to bear to analyze data, calculate cost trends and identify risk factors.
• Effectively communicate with various internal and external stakeholders to convey complex actuarial concepts and analysis into understandable insights.
• Ultimately, you have an impact on how Allianz is positioned in Health globally.

What we look for

• University degree in mathematics, statistics, economics, data science or any related quantitative fields. 
• More than 5 years of past experience as an actuary in Health insurance product design and pricing.
• Strong knowledge in data analysis, with practical programming experience, ideally with R or Python.
• High degree of self-organization and willingness to take ownership.
• Problem solving skills to address complex issues related to product development and pricing.
• Ability to adapt to changing business requirements and market conditions.
• Fluency in written and spoken English. 

What you get

• You will have business impact and see the results of your work in markets across the world.
• You work with a multicultural, open-minded and fun team of highly motivated colleagues, who support each other and celebrate successes as a team.

44286 | Actuarial | Professional | Non-Executive | Allianz Services | Full-Time | Permanent

Disclaimer: At Allianz, we believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We, the Allianz Services India family, welcome all applications from all regardless of gender identity and/or expression, sexual orientation, race or ethnicity, age, nationality, religion, disability, or philosophy of life