Pricing Actuary (m/f/d)

Job Level:  Professional

Unterföhring (bei München), DE, 85774 München, DE, 81737

Area of Expertise:  Actuarial
Unit:  Allianz Commercial
Employing Entity:  Allianz Global Corporate & Specialty SE
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  32312


Let’s care for tomorrow.
Your ambitions.  Your dreams.  Your tomorrow.


Whether it’s aircraft, international business, offshore wind parks or Hollywood film productions, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.  


We are looking for a Pricing Actuary (m/f/d), based in Munich


Your Team 
The MidCorp Pricing team is part of the Global Pricing department at Allianz Commercial and is responsible for driving the global implementation of costing and pricing excellence for Mid-Corporate business. You will join an international department located across London, Munich, Bucharest, Singapore, Chicago and New York.


The Impact You Will Have 


Join Allianz Commercial as a pricing actuary to actively define and shape the Group's pricing capabilities in Mid-Corporate. In this role, you will collaborate on various activities to support Allianz operating entities globally to deliver Mid-Corporate pricing excellence.


Some of your specific responsibilities could include:


  • Support pricing analytics projects end-to-end, employing analytics to streamline data processes and generate insights.
  • Contribute to agile development of Mid-Corporate pricing tools, overseeing global implementation, maintenance, and updates.
  • Introduce the 'Allianz Technical Price System' across operating entities, managing data, analysis, scenario testing, and renewal strategy.
  • Facilitate knowledge transfer through dedicated pricing projects, enhancing understanding of the 'Allianz Technical Price System.
  • Monitor and steer portfolio strategies during the system's implementation to optimize outcomes.
  • Deliver training on Commercial Lines Pricing through the P&C Academy.
  • Collaborate across teams to align pricing tools with business objectives and requirements, and within the wider Global Pricing department of Allianz Commercial.

What You’ll Bring to the Role


  • Master’s or Ph.D. in Data Science, Applied Mathematics, Statistics, or a related field.
  • Proficiency in a statistical computing language such as Python, SAS, or R. Solid programming skills are essential. Proficiency in WTW Radar is a plus.
  • Practical experience in P&C pricing in Commercial or Retail Lines. 
  • Ability to relate actuarial pricing problems to data-driven solutions. Hands-on understanding of a wide range of classical and modern statistical and machine learning methods.
  • Strong conceptual and strategic aptitude, coupled with flexibility, creativity, and innovative thinking.
  • Effective team collaboration and communication skills, with the ability to listen and comprehend quickly. 
  • Excellent spoken and written English; other languages would be a plus.

32312 | Actuarial | Professional | Allianz Commercial | Full-Time | Permanent


What’s in it for you?

Let’s care about everything that makes you, you
We are committed to nurturing an inclusive environment where everyone feels they belong.  We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working.  Please feel free to discuss flexible working arrangements with us.


Let’s care for your financial wellbeing
We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.


Let’s care for your opportunities to progress
From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.


Let’s care for life’s twists and turns
From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back. 


Let’s care for our society and our planet
With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.


Care to join us?


Allianz Commercial is the Allianz Group brand serving the world’s largest consumer brands and major industry players through to family-owned enterprises forming the backbone of nations’ economies. We bring together the corporate multinational business of Allianz Global Corporate & Specialty and the commercial business of national Allianz Property & Casualty entities and provide both traditional and alternative risk transfer solutions, outstanding risk consulting and Multinational services as well as seamless claims handling.  

As a key strategic player in the Allianz Group network, Allianz Commercial is present in over 200 countries and in 2022 generated more than €19 billion gross premium. 


Learn more about careers at Allianz Commercial by clicking here.


Learn more about Allianz Commercial by clicking here.


Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our company culture.


People with disabilities:
We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email


Recruitment Agencies: 
Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired.  When we do use agencies, we have a PSL in place, so please do not contact managers directly.