JUNIOR ACTUARY - Global P&C Pricing Team at Allianz Global Corporate & Specialty SE

Trieste, Friuli – Venezia Giulia, Italy -

Full Time

Start Date

Immediate

Expiry Date

09 Jan, 26

Salary

0.0

Posted On

11 Oct, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Actuarial Science, Analytic Skills, Programming Languages, Communication Skills, Statistical Modelling, Predictive Modelling, Data Management, Portfolio Management, Profitability Analysis, Claims Analysis, Market Analysis, Business Intelligence, Research and Development, Training Facilitation, Team Collaboration, International Exposure

Industry

Financial Services

Description

Global P&C is an Allianz SE department established in 2011 as continuation of the Center of Competence project started in 2005. Its mission is supporting all Allianz P&C Entities to be outstanding in technical excellence by leveraging Allianz Capabilities. The department is organized in 6 teams and Global P&C - Pricing is one of the first team established thus it can count on a solid recognition from the Group and the local entities built on more than 10 years of activity. Global P&C Pricing team is responsible for identifying, supporting implementation and ensuring standards, best practices and guidelines for data management, tariff development, portfolio analysis and monitoring. Specifically, the team oversees: - Joint projects with the Allianz local entities around the world: we collaborate with local entities on pricing projects concerning mainly technical pricing, behavioural models, price optimization, scenario analysis, development of pricing and portfolio management tools. - Research and development on Data & Analytics and tools to enhance the level of sophistication considering the business impact - Knowledge sharing and training of best practices: we design and facilitate P&C Pricing Academy courses to the wide community of pricing analyst of Allianz Group. - Review activities: periodically we review the full pricing process of each local entity to ensure the standardization and harmonization of pricing processes and the implementation of best practices across the group. KEY RESPONSIBILITIES - Support tariff development and portfolio management exploiting statistical and predictive advanced modelling techniques - Perform profitability analysis to guarantee rate adequacy - Evaluate the claims’ cost development and perform claim’s inflation analysis - Review technical models performed by local entities - Model customers behavior based on market and competitors analysis - Implement and enhance dashboards and business intelligence tools to support risk analysis and portfolio management - Interpret the quality and meaning of technical KPIs for monitoring business performance - Doing Research and Development to find new technical solutions - Summarize, design and communicate effectively the results to both internal and external stakeholders - Facilitate internal Pricing Academy as trainer and enhance training contents KEY REQUIREMENTS/SKILLS/EXPERIENCE - PhD or Master’s degree in actuarial science or equivalent field - Previous working experience in P&C Insurance in Actuarial (e.g. 1-2 years) - Strong analytic skills - Preferably knowledge of programming languages (e.g. Python, SAS, R, other) - Fluent in Italian and English - Excellent communication skills - Willingness to travel internationally for business needs - International exposure through academic or professional experiences - Demonstrated ability to work effectively as part of a diverse, multidisciplinary tea 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. Both genders may apply in accordance with the L. 903/77 (s.m.i).

Responsibilities

The Junior Actuary will support tariff development and portfolio management using statistical and predictive modelling techniques. They will also perform profitability analysis and evaluate claims cost development.