Let's care for tomorrow. Your ambitions. Your dreams. Your tomorrowAt Allianz Commercial (AzC), we are the global leader for insuring corporate and specialty risks in the Allianz Group. Whether it's aircraft, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.

Team Our team is committed to demonstrating technical excellence on risk exposures and coverages to our clients. We insure and advise the world's most complex risks. The continuous improvement of technical pricing and tool recalibration in an agile deployment environment, as well as a data driven and forward-looking approach in pricing, is our vision.

The Impact You Will Have In this role, you will report to the Head of Pricing - Property, Natural Resources and Construction, providing support on pricing topics to the Property line of business. You will take an active part in guiding and steering the performance of the portfolios, informing appropriate pricing strategies to enable Allianz Commercial to meet long-term profit targets. You will provide advice and tools that enable execution of these strategies and support in the monitoring of outcomes.

Some of your responsibilities could include:

• Supporting ongoing maintenance, development, calibration and use of pricing tools, including refining the tools through recalibrations, developing appropriate statistical pricing methodologies and implementing technical pricing models into our new pricing platforms.
• Carrying out and supporting ongoing case pricing reviews, including reviewing and supporting work undertaken by other members of the team.
• Developing an expert knowledge of the company's IT landscape, data and data systems.
• Conducting deep-dive profitability reviews involving data preparation and profitability analysis of individual accounts and/or business segments, as required, ensuring the results of such analyses lead to meaningful portfolio actions and are reflected in the technical pricing models as appropriate.
• Keeping abreast of the various catastrophe pricing topics and working with the catastrophe pricing actuary and catastrophe management team to ensure catastrophe pricing is appropriately reflected as part of the technical pricing models.
• Establishing an excellent working relationship with the Underwriting teams to ensure their long-term support for technical pricing concepts and pricing tools.
• Supporting projects which affect the use of technical pricing and promoting the use of technical pricing at Allianz Commercial.
• Successfully collaborating across the Global Pricing team and all Allianz Commercial departments.
• Understanding market developments globally and ensure that loss trends are understood and reflected in our pricing activities.

What You'll Bring to the Role

• Qualified P&C Actuary with at least 3 years' experience in a technical pricing environment, including the development and management of pricing tools, preferably for P&C commercial lines;
• Experience in the development and data-driven calibrations of pricing tools, both exposure and experience rating, including corporate and specialty lines as well as broader case pricing;
• Extensive Excel skills (including VBA), SQL knowledge and some experience with Python or R preferred;
• Strong skills in data visualization and interpretation;
• Knowledge of JavaScript/CSS/the Palantir Foundry platform a bonus;
• Some experience with Machine Learning and predictive modelling techniques a plus;
• Experience in the development of strong end-to-end solutions, all the way through from problem definition to full analysis to development of actionable recommendations;
• Strong mathematical and analytical skills with great attention to detail;
• Project based experience including management of multiple stakeholders;
• Self-motivated with a natural curiosity to ask probing questions and ensure that those questions lead to appropriate action;
• Ability to build and foster strong working relationships with peers, management and the business areas;
• Collaborative approach to working relationships with proven ability in building broad consensus and momentum for cross function projects;
• Ability to communicate and work effectively with technical and non-technical team members;
• Results orientated with a proven track-record of delivering on-time projects and process improvements; and
• Ability to work in an international/virtual environment.

The annualized base pay range for this role is $130,988 - $224,550. The annual base salary range represents a nationwide market range. The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role, the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AzC total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.

55683 | 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 401K.

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 (AzC) is a global corporate insurance carrier and part of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business. Learn more about us 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.

Recruitment Agencies: AzC has an in-house recruitment team, which focuses on sourcing great candidates directly. AzC 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.

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Nearest Major Market: Manhattan Nearest Secondary Market: New York City