Lead a team of actuarial analysts/senior actuarial analysts
Assist the management in business development activities
Act as a point of contact for the stakeholders of the Allianz operating entities assigned
Contribute to the growth of actuarial function at other Allianz services locations
Provide pricing recommendations and insights to internal stakeholders, reflecting competitive and commercial considerations to achieve strategic objectives.
Develop and implement best practice pricing models, including claims, quote conversion, customer retention and pricing scenarios.
Take ownership of and continual refinement of the rating and pricing models, by utilising advanced analytics techniques, extensive data and relevant industry leading tools/technologies.
Monitor the performance of implemented initiatives to support continuous refinement of pricing models and pricing strategy.
Contribute to the development of product strategy and support its implementation.
Identify opportunities to drive innovation and make improvements in processes, products and services.
Implement the pricing governance framework by performing and continually improving controls and governance around pricing processes.
Analyzing, optimizing and creating financial models that form the basis of insurance products
Providing thorough analyses of complex data
Implement, maintain and enhance pricing tools on the Radar platform, contribute to the design of Radar software enhancements
Work together with pricing and underwriting teams to understand and ensure accurate delivery of their requirements
Ensure the quality of pricing tool updates including peer reviewing and comprehensive testing
Collaborate effectively with IT on the integration of the pricing tools within IT landscape
Provide support on the various modeling initiatives and ensure proper documentation is in place
Contribute to the process improvement initiatives
Requirements
Master’s degree in Actuarial Science/Statistics/Mathematics/B.Tech with good academic background
Student member of a recognized Actuarial Institute such as IFoA, IAI, SOA etc. and have cleared at least 8 actuarial exams, preferably with Actuarial Associateship qualification
Minimum 10 years of relevant experience in P&C insurance domain, specialized in pricing
Team management experience of managing a small/medium team
Delivery of Radar solutions for multiple insurance products/lines
Proficient in Emblem, Radar Base, knowledge in Radar’s reporting functionality preferred and experience in deploying Radar models to a Radar Live environment constitutes an advantage