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Pricing Analyst (m/f/d) in Global P&C

Job Level:  Professional

München, DE, 80802

Due Date:  asap
Area of Expertise:  Actuarial
Unit:  Allianz SE
Job Type:  Full-Time
Remote Job:  Remote working due to Covid 19
Employment Type:  Permanent
ID:  1342

Job Purpose/Role
Global P&C Pricing team contributes to driving Technical Excellence in P&C Insurance and to improving the Group Underwriting result focusing on data & analytics and pricing analytics. We steer our global entities' Technical Price System and check the application of Allianz Best Practices. In this way, we drive standardization and harmonization of pricing processes and supporting tools across the group. We collaborate with our global entities on project execution, e.g. through implementing high-end methods for data & analytics, development of monitoring tools and price optimization measures. This includes also R&D to leverage every component of the Technical Price System. We design and deliver P&C Academy courses with attendees from all over the world.
We are looking for a Pricing Analyst within the Global P&C Pricing team. The person will support tariff development and portfolio management exploiting statistical and predictive advanced modelling techniques. In addition, the person will support in summarizing, designing and communicating effectively the results to both internal and external stakeholders. This includes also strategy projects as well as reporting of pricing activities to Senior Management. All activities are aimed to develop and implement pricing improvement measures with (in)direct impact on P&C business.


Key Responsibilities

  • Support tariff development and portfolio management exploiting statistical and predictive advanced modelling techniques
  • Perform profitability analysis to guarantee rate adequacy
  • Evaluate the claims’ cost development and perform claim’s inflation analysis
  • Review technical models performed by local entities
  • Model customers' behavior based on market and competitors' analysis
  • Implement and enhance dashboards and business intelligence tools to support risk analysis and portfolio management
  • B41Doing Research and Development to find new technical solutions
  • Summarize, design and communicate effectively the results to both internal and external stakeholders
  • Facilitate internal Pricing Academy as trainer
  • Contribute to Technical Price Certifications
  • Support the pricing strategy process by conducting financial analysis and providing reports for decision-making


  • Master degree in actuarial science or equivalent field
  • Knowledge of standard actuarial topics especially in P&C business
  • Basic knowledge of Solvency II framework
  • Strong analytical skills
  • Basic Knowledge of Python and SAS or R
  • Fluent in English is required, additional languages are a plus
  • Ability and willingness to travel
  • International experience (academic or work-related) as plus
  • Team player


Experience & Key skills

  • Minimum two years of working experience
  • Solid working experience in the areas of Insurance Pricing (completed G-P&C Pricing Academy Accreditations as a plus)
  • A passion for identifying, structuring and solving pricing-related analytical and processual problems and translating these into actionable recommendations
  • Ability to get up to speed on complex strategic and operational topics, to consolidate and evaluate large amounts of information, identify and initiate appropriate actions to remediate issues and follow through on their remediation
  • Good communication and intercultural skills
  • Collaborative mindset, ability to mobilize resources across boundaries and conflicting priorities


Additional Information

We offer: Career development programs, Workwell@AllianzSE, Flexible working arrangements

Senior Recruiter: Ms. Zhiva Hristova  Phone: +49 89 3800 14379
Please submit your applications only via our online tool.


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. 
We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.
Great to have you on board. Let's care for tomorrow.
Note: Diversity of minds is an integral part of Allianz’ company culture. One means to achieve diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company expects from its employees a general openness and a high motivation to regularly change positions and collect experiences across Allianz Group.