Principal Pricing Analyst - Actuarial

Allianz have a new opportunity for a Principal Pricing Actuarial Analyst covering our offices in Birmingham, Bournemouth, Leeds and London.

You’ll be working with the wider Pricing team and Data Science team to develop and implement best practices. You'll deliver project work and analysis to agreed business timescales, influence and interpret project requirements from Pricing meetings and document important decisions and challenges from the senior stakeholders.

In addition to this you will build and maintain relationships with teams involved in the Pricing end-to-end delivery process and across the company.

Pay:
Circa £70,000 per year.

Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.

• Building an automated process to project claims to ultimate using best practice techniques, including developing a claims monitoring process.
• Working with various stakeholders to ensure inputs into the Forecast are robust
• Co-ordinating the roll-out of the new Forecast across all Products
• Working with the Technical Pricing teams to ensure the technical premium models reflect the latest view of risk
• Staying abreast of industry best practice on actuarial methodologies and competitor insights
• Providing guidance on the interpretation / limitations of the Pricing Forecasts
• Providing input into innovative ways of carrying out Forecasting work to improve accuracy and efficiency. This might include data science techniques
• Adhering to high model governance standards

• Significant pricing or reserving experience
• Excellent working knowledge of actuarial methods and principles, ideally in a pricing context including the use of Actuarial software
• Experience of working in an insurance pricing role.
• Knowledge of price optimisation and the general insurance regulatory environment.
• Proficiency in Excel and MS Office or equivalent applications.
• Experience of planning and managing projects from inception to completion within business timelines.
• A passion for sharing knowledge in an informative and engaging way to upskill the Pricing team and build Allianz' reputation as industry leaders in pricing.

• Actuarial qualification
• An understanding of modelling techniques, including GLMs and GBMs and their application to insurance pricing.
• Thorough knowledge of Willis Towers Watson’s software Radar and Emblem or similar.
• Data science skill or experience
• Data handling skills using SAS and/or SQL. Experience in a data science programming language, preferably Python.
• Knowledge of Agile project management processes.
• Responsible AI usage

Recognised and rewarded for a job well done, we have a range of flexible benefits for you to choose from- so you can pick a package that’s perfect for you. We also offer flexible working options, global career opportunities across the wider Allianz Group, and fantastic career development and training. That’s on top of enjoying all the benefits you’d expect from the world’s number one insurance brand, including:

• Flexible buy/sell holiday options
• Hybrid working
• Annual performance related bonus
• Contributory pension scheme
• Development days
• A discount up to 50% on a range of insurance products including car, home and pet
• Retail discounts
• Volunteering days

Do you need flexibility with the hours you work? Let us know as part of your application and if it’s right for our customers, our business and for you, then we’ll do everything we can to make it happen. Here at Allianz, we are signatories of the ABIs flexible working charter. We believe in supporting hybrid work patterns, which balance the needs of our customers, with your personal circumstances and our business requirements.

Our aim with this is to help innovation, creativity, and you to thrive - Your work life balance is important to us.

At Allianz, we believe in fostering an inclusive workforce and are proud to be an equal opportunity employer. Our commitment to equal opportunities, gender equity, and balanced gender representation, is demonstrated by our numerous accreditations:…