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Junior Actuary for Global P&C Pricing Team Allianz Se Branch Rome

Job Level:  Entry Level
Location: 

ROMA, IT, 187

Due Date:  To be filled asap
Area of Expertise:  Actuarial
Unit:  Allianz SE
Job Type:  Full-Time
Remote Job:  Not applicable
Employment Type:  Permanent
ID:  7410

Global P&C is an Allianz SE department established in 2011 as continuation of the Center of Competence project started in 2005. Its mission is supporting all Allianz P&C Entities to be outstanding in technical excellence by leveraging Allianz Capabilities. The department is organized in 6 teams and Global P&C - Pricing is one of the first team established thus it can count on a solid recognition from the Group and the local entities built on more than 10 years of activity.

Global P&C Pricing team is responsible for identifying, supporting implementation and ensuring standards, best practices and guidelines for data management, tariff development, portfolio analysis and monitoring. Specifically, the team oversees:

  • Joint projects with the Allianz local entities around the world: we collaborate with local entities on pricing projects concerning mainly technical pricing, behavioural models, price optimization, scenario analysis, development of pricing and portfolio management tools.
  • Research and development on Data & Analytics and tools to enhance the level of sophistication always considering the business relevance and impact
  • Knowledge sharing and training of best practices: we design and facilitate P&C Pricing Academy courses to the wide community of pricing analyst of Allianz Group.
  • Review activities: periodically we review the full pricing process of each local entity to ensure the standardization and harmonization of pricing processes and the implementation of best practices across the group.

 

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 
  • Interpret the quality and meaning of technical KPIs for monitoring business performance
  • Support 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 and enhance training contents


KEY REQUIREMENTS/SKILLS/EXPERIENCE

 

  • Master degree in actuarial science or equivalent field
  • Minimum one year working experience in P&C Insurance in Actuarial (preferably pricing or reserving)
  • Excellent Knowledge of standard actuarial topics especially in P&C business
  • Basic knowledge of Solvency II framework
  • Strong analytic skills
  • Good Knowledge of programming language (e.g. SAS, R or Python)
  • Fluent in English
  • Availability to travel abroad    
  • International experience (academic or work-related) as plus
  • Team player

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.
Join us. Let's care for tomorrow. Both genders may apply in accordance with the L. 903/77 (s.m.i).