Pricing Actuary - Health

Job Level:  Professional

Brussels, BE, 1000

Area of Expertise:  Actuarial
Unit:  Allianz BeNeLux
Employing Entity:  Allianz Benelux
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  23858
Position Cluster: 

To reinforce our Technical Health Insurance team in Belgium, Allianz is currently looking for a Pricing Actuary. As Pricing Actuary for our Health Insurance line of business, you will have a leading role in the realization of technical (mathematical, financial and statistical) studies for the development of new products and adaptation of existing offers. You’re looking for a transversal role and want to further support the growth of Allianz? We’re looking for you!


What do you get in return?


  • Working in a dynamic environment at Allianz, world leader in assistance and insurance
  • A pleasant working atmosphere
  • An experienced and enthusiastic team
  • A fascinating, versatile and multilingual job
  • Development opportunities and a nice salary package supplemented with fringe benefits including meal vouchers, eco vouchers, sports and culture vouchers, group and hospitalization insurance
  • Since January 2021 - Allianz is giving the flexibility to the employees in choosing for a full flex-regime where homeworking will remain the norm even after COVID-19


Let’s do the match


You have a Master degree in a quantitative field (Mathematics, Actuarial Science, Econometrics,…)? Check! You have relevant experience in an analytical pricing role? Check! Knowledge of standard actuarial topics, in Health or P&C? Check! You are fluent in French or Dutch with good knowledge of English? Check! You have a good knowledge of SAS? Check! Knowledge of R is considered a big plus. You have strong analytical skills with the ability to work in a cross border domain? Check! You can work autonomously but you are a true team player seeking for alignment and collaboration? Check!


We count on you for the following tasks:


  • Create and adjust the rate determination formulas for each contract category
  • Calculate and manage the reserves to be built up to meet the commitments
  • Monitor the profitability and execution of simulations to estimate medium-term evolution
  • Prepare the budget planning
  • Point of contact with official entities (Assuralia, NBB, FSMA,…) and if requested delivering the required reports or preparing portfolio statistics for management control, risk management, accounting, FSMA, NBB,…
  • Participation in technical working groups and meeting with Assuralia and other external parties
  • Following up the evolutions of the results and suggesting appropriate measures
  • Analyze profitability of new and existing products
  • Be responsible for the technical reporting (analyzing quality of new business, conducting technical studies,…)
  • Participating in the development of new products or adapting existing offerings
  • Analyzing and taking actions regarding the profitability of the risk cover
  • Defining and analyzing the margin of the different products
  • Determine and manage the lump sum reserves, claims reserves for accrued disability interest
  • Providing technical support to other departments


Have we peaked your interest? Join us and #LetsCareForTomorrow


Allianz is an equal opportunity employer and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.