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Pricing Deployment US Lead

Job Level:  Professional
Location: 

Chicago, IL, US, 60606

Due Date:  As soon as possible
Area of Expertise:  Actuarial
Unit:  Allianz Global Corporate Specialty
Job Type:  Full-Time
Remote Job:  Home office due to Covid-19
Employment Type:  Permanent
ID:  4056

Job Purpose

The Pricing Technology team is a newly formed unit within the Global Pricing department at AGCS. The team is responsible for maintaining and further developing the pricing tool system landscape. You will join an international department located across London, Munich, Bucharest, Chicago and New York.

AGCS is implementing a major expansion of its technical pricing capabilities.  As part of this, the decision has been made to centralize the ownership of the pricing tool implementations into the newly formed Technology team.  In addition, the Technology team would be responsible for a large-scale project of modernizing the pricing tool IT landscape.

In this role, you will report to the Head of Pricing Technology and will be the lead representative for the deployment of our US MidCorp pricing tools.  This will involve collaborating with the US MidCorp pricing team, the underwriter units and IT to keep the pricing tools up to date and to drive forward relevant projects.

 

Responsibilities:

In this role you will…

  • Lead the deployment of pricing tool updates for our US MidCorp lines.
  • Work closely with the US MidCorp pricing team and the predictive modelling team to maintain and further develop the pricing logic within the tools.
  • Coordinate testing and roll-out of global pricing tool updates from a US perspective.
  • Support the enhancement process for the pricing tools, liaising with Underwriting, Pricing and IT.
  • Ensure the quality of pricing tool updates via the design and execution of a rigorous testing process.
  • Coordinate with the wider Pricing Technology team to ensure consistency in deploying our pricing between our MidCorp and LargeCorp lines.
  • Contribute to projects modernizing the pricing tool suite.
  • Act as a link between the US MidCorp Pricing function and IT.
  • Establish an excellent working relationship with all stakeholders to ensure their long-term support for the technical pricing tools.
  • Support projects which affect the use of technical pricing and promote the use of technical pricing at AGCS.
  • Successfully collaborate across the Global Pricing team and all AGCS departments

 

 

To be successful in the role:
You will have….

  • Experience in the development of expert IT systems;
  • Actuarial background;
  • Strong understanding of mathematical techniques;
  • Ability to take the lead and drive forward new initiatives;
  • Experience of successfully working in close partnership with IT;
  • Analytical and problem solving skills;
  • Strong computer programing skills in Excel and VBA;
  • High attention to detail with a focus on building systematic controls to ensure quality of delivery;
  • Partnering mentality with the ability to build strong working relationships with peers, management and the business areas;
  • Experienced discussing technical information to a non-technical audience; and
  • Ability to work in an international/virtual environment

 

Ideally you will also have…

  • Pricing tool experience;
  • Knowledge of US commercial insurance pricing and regulatory rating processes, particularly in the MidCorp space; and
  • SQL programming skills preferred (other programming languages an advantage).

Here are a few reasons why you should join AGCS:

  • Hybrid working model, which recognizes the value in a balance between remote and office-based working, giving you the flexibility to organize the way you work
  • An exciting and versatile job with an opportunity to work alongside skilled and specialized colleagues from all over the world
  • An environment where innovation and challenging the status quo is encouraged
  • Wellbeing policies/initiatives to support a positive work life balance
  • A competitive compensation and benefits package including generous bonus scheme 
  • A large portfolio of continuous learning opportunities to help you stay relevant in your current role, grow into future roles and meet the demands of the workplace
  • Diverse and inclusive culture where you will be accepted for who you are and empowered to use your voice to help others find theirs
     

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

Allianz Global Corporate & Specialty (AGCS) is a leading global corporate insurance carrier and a key business unit of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business.

Our customers are as diverse as business can be, ranging from Fortune Global 500 companies to small businesses, and private individuals.  Worldwide, AGCS operates with its own teams in 31 countries and through the Allianz Group network and partners in over 200 countries and territories, employing over 4,400 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2020, AGCS generated a total of €9.3 billion gross premium globally.

In 2020, AGCS announced a new strategy and transformation program called New AGCS which aims to comprehensively transform the company, creating a mutually beneficial relationship with stakeholders.

This  is  an  exciting  time  to  join  AGCS  as  we  continue  on  our  journey  of  transformation, regaining market leadership  and  achieving  success  together.  You can grow your career through meaningful work supporting our customers, while learning from expert colleagues.

Allianz is an equal opportunity employer and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation. Diversity of minds is an integral part of Allianz’ company culture.

 

Let’s care for tomorrow.


Nearest Major Market: Chicago