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Senior Pricing Actuary (m/f/d) at Allianz SE Reinsurance Munich

Job Level:  Professional

München, DE, 80802

Available until:  13.02.2023
Area of Expertise:  Actuarial
Unit:  Allianz Reinsurance
Employing Entity:  Allianz SE
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  20648

Job Purpose/ Role
The Global Commercial pricing team drives the global implementation of costing and pricing excellence for all commercial business.        

Key responsibilities
To advance with this approach, Allianz is seeking a pricing actuary to actively shape and reposition the Group's pricing capabilities in Mid-Corporate. In this role you will define Mid-Corporate pricing excellence, and you will collaborate on various activities to support Allianz operating entities globally in excellence achievement:

  • Lead pricing analytics projects from inception to completion. Apply analytical methods and algorithms to build data products that streamline the process from data collection to insight generation.
  • Mid-Corporate costing/pricing tool development as part of an agile software development process. Subsequent tool implementation globally, including productive maintenance and rating parameter updates.
  • Drive implementation of the ‘Allianz Technical Price System’: On-site support of Allianz operating entities and respective knowledge transfer through dedicated pricing projects: data acquisition and enhancement, technical analysis, scenario testing, renewal strategy, portfolio steering and monitoring.
  • Continuous development, enhancement and delivery of Functional Pricing Reviews, Mid-Corporate Deep Dives, and Technical Price Certification.
  • Delivery of Commercial Lines Pricing training programs as part of the P&C Academy.        


  • Master’s or Ph.D. in Data Science, Applied Mathematics, Statistics, or a comparable discipline.
  • P&C Academy Commercial Pricing Analyst Silver Accreditation.
  • Advanced knowledge in loss modeling methodologies for Commercial Property and Commercial Liability.
  • Excellent knowlegde of a statistical computing language like Python, R,  or SAS. Solid programming experience. 
  • Advanced knowledge in WTW Radar.
  • Excellent command of the English language (both written and spoken), other languages would be a plus.        

Experience & Key skills

  • P&C pricing knowhow gained in many years of pricing activities in a leading P&C (re)insurance company.
  • Ability to relate actuarial pricing problems to data-driven solutions. Experience in applying modern machine learning models, ideally in an actuarial context.
  • Outstanding conceptional and strategic capabilities, combined with flexibility, creativity and innovation skills.
  • Strong communicator but also good listener and fast in understanding. Clear in articulating conerns, issues, opportunities and expectations.
  • Ability to work in a team, and to train and guide team members.


20648 | Actuarial | Professional | Allianz Reinsurance | Full-Time | Permanent


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.