
Product and Pricing Actuary
Allianz Digital Health GmbH
full-time
Posted on:
Location Type: Hybrid
Location: Munich • 🇩🇪 Germany
Visit company websiteJob Level
Mid-LevelSenior
Tech Stack
Python
About the role
- Work with an experienced team of Health actuaries to develop and implement innovative product and pricing solutions for Health insurance products across diverse global markets.
- With a strong problem solving and analytical acumen, understand the existing business challenges and develop data driven solutions that may go beyond the existing practices in a highly dynamic and fast paced environment.
- You bring your knowledge to bear to analyse and model data, calculate cost trends and identify risk factors.
- You support Allianz units worldwide in pricing of Health coverages and rolling out our pricing solutions.
- Effectively communicate with various internal and external stakeholders to convey complex actuarial concepts and analysis into understandable insights.
- Stay abreast of the market dynamics and regulatory changes across various countries to adjust the pricing strategies accordingly.
- Ultimately, you have an impact on how Allianz is positioned in Health globally.
Requirements
- Educational Background: Master degree in Mathematics, Statistics, Actuarial Science, Economics, Data Science, or a closely related quantitative field.
- Professional Experience: Proven experience as a pricing actuary in Health or Property & Casualty (P&C) insurance, with a focus on data-driven pricing strategies.
- Technical Expertise: Advanced proficiency in statistical modeling techniques, including Generalized Linear Models (GLMs), Generalized Additive Models (GAMs), and related methodologies.
- Familiarity with modern machine learning approaches such as Gradient Boosting Machines (GBMs), Random Forests, or comparable algorithms is a valuable plus.
- Programming Skills: Hands-on experience with data analysis and modeling using R (preferred) or Python.
- Analytical Thinking: Strong problem-solving capabilities to address complex issues related to product development and pricing.
- Adaptability: Comfortable working in a dynamic environment with evolving business needs and market trends.
- Ownership & Initiative: Highly self-organized with a proactive approach to managing tasks and delivering results independently.
- Communication: Excellent verbal and written communication skills in English.
Benefits
- You work in a fun team of highly motivated and knowledgeable colleagues with diverse backgrounds who support each other and celebrate success as a team.
- You will have business impact and see the results of your work in markets across the world.
- You enjoy Allianz Group benefits while at the same time working in a start-up culture with great flexibility in working style, freedom to shape your working environment, a super-flat hierarchy and fast decision-making processes.
- You can balance your work and other commitments with flexible working hours and the chance to regularly work from home.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
statistical modelingGeneralized Linear Models (GLMs)Generalized Additive Models (GAMs)Gradient Boosting Machines (GBMs)Random Forestsdata analysisRPythondata-driven pricing strategiescost trend analysis
Soft skills
problem solvinganalytical thinkingadaptabilityownershipinitiativecommunicationstakeholder engagementteam collaborationself-organizationresult orientation
Certifications
Master's degree in MathematicsMaster's degree in StatisticsMaster's degree in Actuarial ScienceMaster's degree in EconomicsMaster's degree in Data Science