About this role
About us
Allianz Partners is seeking a University Actuarial Candidate to join its Global Pricing Team. This role sits within the actuarial pricing function responsible for the Individual and SME book of Allianz Partners’ International Private Medical Insurance (IPMI) portfolio.
The successful candidate will work across a diverse range of projects that support Allianz Partners’ growth strategy, such as launching innovative solutions and expanding into new markets, while also contributing to the ongoing management and development of the current book of business.
This is a global team of 14 professionals across 5 countries, offering a unique opportunity to collaborate with colleagues from different geographies and backgrounds. Work is primarily carried out remotely, with one in-office day each week dedicated to team collaboration.
We are looking for a candidate who is:
- Curious, eager to learn, and motivated to contribute to real-world projects.
- Comfortable working with data and open to learning new tools and actuarial concepts.
- A strong collaborator, able to engage effectively with colleagues across teams and countries.
Allianz Partners is an industry-leading IPMI insurer, currently in a period of rapid expansion. This role provides an excellent platform to develop actuarial and business skills while contributing to varied projects across multiple geographies within our growing product suite.
What you will do
Responsibilities will include, but are not limited to, the following:
- Support the review of insurance product performance by conducting exploratory data analysis (EDA), interpreting trends, and identifying insights to inform pricing decisions.
- Work closely with key stakeholders to develop and refine product and pricing propositions to meet internal and external requirements
- Participate in strategic projects where pricing input is required
- Support the preparation of strategic business case analysis to understand and achieve a desirable balance of growth/profitability
- Provide technical pricing support and analysis for key business projects
- Assist in the determination of suitable premiums for new products to facilitate entry into new markets and territories
- Communication and presentation of results of analysis to various stakeholders
- Development of reports to further automate dissemination of information across business teams
- Manage the accurate and timely implementation of premium rate structures on policy administration and quotation systems
- Ensure the appropriateness of the methodologies, underlying models and assumptions made in the calculation of premium rates
- Build technical excellence through hands-on experience in modelling with statistical methods and machine learning, supported by ongoing learning and development
- AI Readiness Work effectively in an environment shaped by artificial intelligence (AI), machine learning, data, analytics and cloud-based tools, using insights responsibly with our standards of data governance, security and ethical use.
What you will need
The successful candidate for this position will need to have the following skills/ experience:
- University Student in an Actuarial Program
- Strong organizational, analytical and time management skills
- Ability to collaborate with colleagues across the pricing team and other departments
- Ability to work independently and resolve complex problems with minimal direct supervision.
- Excellent communication skills, with the ability to explain complicated processes and concepts to non-experts
Experience with Excel (including VBA), SQL, Python, R, Power BI, and/or generative AI platforms is advantageous, with opportunities to develop these skills further on the job.
How We Hire
Allianz Partners does not accept unsolicited CV’s or approaches from agencies. We only work with partners on our approved supplier lists, under contract. Any unsolicited submission will not be considered.
104929 | Underwriting | Student | n.a. | Allianz Partners | Part-Time | Temporary
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.
At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.
Join us . Let's care for tomorrow.