Product and Pricing Actuary

Join to apply for the Product and Pricing Actuary role at Allianz Digital Health GmbH

Allianz Digital Health GmbH (ADH) is a Munich, Germany based subsidiary of Allianz SE. ADH has a dual mission: developing cloud-based software applications for health insurance and supporting Allianz units worldwide in optimizing their health insurance business along the value chain.

What does it take to develop outstanding software or to support health insurance executives globally to achieve lasting success in their business? It takes dedication, knowledge, and curiosity. We are looking for people who want to learn and work in a truly exceptional team.

If you feel inspired by the idea to tackle some of the hardest intellectual challenges in the industry and see your code, algorithms and professional advice having tangible impact at Allianz units worldwide, ADH is the right place for you.

The office is located in Munich.

Responsibilities

• 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 strong problem solving and analytical acumen, understand existing business challenges and develop data-driven solutions in a dynamic environment.
• Analyse and model data, calculate cost trends, and identify risk factors.
• Support Allianz units worldwide in pricing health coverages and rolling out pricing solutions.
• Communicate complex actuarial concepts and analyses to internal and external stakeholders in an understandable way.
• Stay abreast of market dynamics and regulatory changes across countries to adjust pricing strategies accordingly.
• Impact 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: Proficiency in statistical modeling (GLMs, GAMs) and familiarity with machine learning methods (GBMs, Random Forests) is a plus.
• Programming Skills: Hands-on experience with data analysis and modeling using R (preferred) or Python.
• Analytical Thinking: Strong problem-solving capabilities for complex product development and pricing issues.
• Adaptability: Comfortable working in a dynamic environment with evolving business needs.
• Ownership & Initiative: Self-organized with a proactive approach to delivering results.
• Communication: Excellent verbal and written communication skills in English.

Benefits

• Collaborate with a team of motivated colleagues with diverse backgrounds, supporting each other and celebrating success as a team.
• Have business impact and see the results of your work in markets worldwide.
• Enjoy Allianz Group benefits while experiencing a startup culture with flexibility, a flat hierarchy, and fast decision-making.
• Flexible working hours with the option to work from home.

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