Principal Pricing Analyst - Actuarial

Exp : 8+yrs

Location : Trivandrum/Pune

Mandatory Skills: core pricing, EMBLEM,  Programming skills - R or Python,Machine learning , GLM, GBM

Allianz are currently seeking a highly skilled Principal Pricing Analyst to join their Home Technical Pricing team and contribute to our success by developing sophisticated pricing models and strategies.

The Principal Pricing Analyst in our Home Technical Pricing Team will be responsible for building and implementing advanced pricing models to optimize our product offerings and enhance profitability.

Roles & Responsibilities:

• Playing a leading role in the development, enhancement and review of our pricing models, including design of modelling plans, data preparation, creation of models and overlaying wider techniques (e.g. credibility).


• Contributing to the development of pricing structures and strategies to achieve growth and profitability objectives.


• Be involved in back testing and analysis of the impact of the models to propose necessary adjustments to the price.


• Ensuring business objectives are clearly understood when planning projects, and our technical deliveries are robust with clear communication to stakeholders to drive adoption.


• Driving innovation and an increased sophistication into our Pricing approach, including managing projects to provide new insight through additional data sources.


• Sharing and promoting knowledge, skills and best working practices within the team.


• Deputising for the manager and supporting the development of junior members of the team.
  
  
  
  

  Essential Skills

  
  

   

  
  

  We don't expect you to know everything from day one, but the following will enable you to hit the ground running:
  
  
  

  
  
  
  
  • Solid knowledge of relevant statistical modelling methods – in particular GLMs.
  
  
  • Knowledge of relevant machine learning techniques – in particular GBMs.
  
  
  • Proven experience in working with large data sources.
  
  
  • Good command of Advanced Excel, Python, SQL, SAS, Databricks or similar coding languages.
  
  
  • Experience of WTW’s Radar and Emblem.
  
  
  • Good understanding of the various elements of a Technical Price, including business expenses, other costs and actuarial/inflation assumptions.
  
  
  • Good stakeholder management skills, including communication, expectation management and the ability to convey technical concepts to a non-technical audience.
  
  
  • Ability to build and maintain relationships throughout both the Pricing Department and the wider business.
  
  
  
  

   

  
  

  Desirable Skills

  
  

   

  
  
  
  
  • Responsible Artificial Intelligence usage
  
  
  
  

94546 | Actuarial | Professional | Non-Executive | Allianz Services | Full-Time | Permanent

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. 

Great to have you on board. Let's care for tomorrow.