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Expert Reinsurance Pricing Actuary (m/f/d)

Job Level:  Professional

München, DE, 80802

Due Date:  as soon as possible
Area of Expertise:  Actuarial
Unit:  Allianz Reinsurance
Job Type:  Full-Time
Remote Job:  Home office due to Covid-19
Employment Type:  Permanent
ID:  2161

Job purpose / Role:


Allianz Re is the Group’s reinsurance vehicle which actively manages risk and capital. Our range of activities include reinsurance, capital management, run-off, cat risk management, risk data analytics and new business developments such as Mid-Corporate. This strong combination of skills, experience, innovative mindset and capacity drives our mission of understanding risk and creating value.
In this context the pricing team within CUO drives the global implementation of costing and pricing excellence in terms of tools and methodology for P&C and L&H reinsurance.


Key responsibilities


To advance with this approach, Allianz Re is seeking an experienced reinsurance pricing expert to actively shape and reposition the Group's reinsurance pricing capabilities. A particular focus will be on the investigation of new technologies to contribute to the continued development of actuarial methodology. In this role you will define reinsurance pricing excellence and share knowledge with various stakeholders (e.g. in Underwriting and IT) to drive excellence achievement:

  • Lead and take responsibility for the development, implementation, and productive maintenance of reinsurance pricing tools according to business needs and requirements.
  • Drive building the future tool landscape, considering the full end-to-end underwriting process with key areas costing and pricing.
  • Provide training, knowledge transfer and tool & pricing support to Underwriters.
  • Reinsurance pricing excellence development on topics like underwriting data requirements, risk modeling, and underwriting/pricing process implementation. Continuous enhancement of Technical Price standards, methodology and sophistication through insights from internal and external sources. 




  • Master’s or Ph.D. in Data Science, Applied Mathematics, Statistics, or a comparable discipline, qualified actuary would be a plus.
  • Expert knowledge in P&C Reinsurance pricing methodology.
  • Advanced knowledge of a computing language like Python or TypeScript. Knowledge of machine learning methods and solid programming experience.
  • Excellent command of the English language (both written and spoken), other languages would be a plus.


Experience & Key skills


  • In-depth P&C Reinsurance pricing knowhow gained in 5+ years of pricing activities in a leading (re)insurance company, preferred experience in structuring and costing of large reinsurance transactions.
  • Outstanding conceptional and strategic capabilities, combined with flexibility, creativity and innovation skills. Getting things done in influencing roles, i.e. when no direct reporting line exists.
  • Strong communicator but also good listener and fast in understanding. Clear in articulating concerns, issues, opportunities and expectations.
  • Ability to work in a team, and to train and guide team members.


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 encourages its employees to have motivation in gaining varied skills from different positions and to collect experiences from across Allianz Group.