Pricing Actuarial Analyst - Global ART & Risk Modeling

We are looking for a Pricing Actuarial Analyst - ART based in New York Your Team Reporting to the ART NA Head of Pricing, you will be part of a globally operating diverse group of professionals, including actuaries, modelers, and analysts, based in Munich, London, New York, and Zurich. Fueled by creativity, a pragmatic "can do" attitude, a commitment to technical excellence and collaboration, the team's mission is to deliver results, analyses and insights that support informed business decisions, create profitable and sustainable risk management solutions for our clients, and drive the continuing success of the Alternative Risk Tranfer (ART) line of business. The Impact You Will Have As a Pricing Actuarial Analyst - ART you are responsible for technical case pricing of new structured insurance transactions in the ART Line of Business and for risk modelling and quantitative analyses of the ART in-force portfolio. You are a part of dedicated deal teams, working closely with senior underwriters from different ART Regions on bespoke insurance solutions for corporate clients. You are responsible for analyzing claims and exposure data, developing loss models, and supporting underwriters in defining adequate deal structures. You explain model results and the resulting risk/return metrics to relevant stakeholders. The role also encompasses project work, including development of methodological pricing concepts, new pricing tools (and their testing), portfolio models, actuarial reports, etc. Some of your specific responsibilities could include: Keeping abreast of leading market practice and drive innovation. Promoting close collaboration and interaction with ART Underwriting, the ART Cat Analytics team, peers from other ART regions, as well as global support and governance functions to foster mutual understanding of ART's structured insurnace business . Preparing and performing price modeling and actuarial analyses for the ART LoB including documentation, communication and explanation of results. Developing global actuarial approaches and processes, as well as enhancing actuarial models and analyses for the ART LoB. Project support, including documentation and testing. What You'll Bring to the Role Degree (ideally Masters), preferably in Actuarial Science, Mathematics, Statistics or other appropriate discipline or qualified by experience in related discipline.; Progress towards Actuarial designation; Experience with multiple lines and types of business, preferably spanning multiple actuarial areas; Experience contributing to the development/enhancement and implementation of models. analyses and processes; Proven experience in communication of results to stakeholders; Exposure to working in an international environment; Extensive computer skills (MS Office including VBA and relevant expert systems such as Matlab, R, SQL or Java, etc.); Ability to utilize AI tools to support day-to-day tasks, improve efficiency and contribute to data-driven decision making; Finance and Insurance know-how (ideally P&C), including quantitative financial and risk modeling know-how and skills; Ability to understand, elaborate and convey information clearly and effectively with respect to the audience / level of management (both verbal and in writing); Ability to identify patterns and root causes in complex (e.g., ambiguous, from various sources) data and processes to rapidly distill key issues and provide insight in various situations; Ability to identify and initiate appropriate actions to remediate issues that can be abstract/ambiguous and follow through on their remediation; and Ability to persuade and motivate others without direct authority. A basic understanding of artificial intelligence (AI) and its potential applications in business is essential. The annualized base pay range for this role is $130,000 - $155,000. The annual base salary range represents a nationwide market range. The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AzC total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards. 86485 | Actuarial | Professional | Allianz Commercial | Full-Time | Permanent What's in it for you? Let's care about everything that makes you, you We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us. Let's care for your financial wellbeing We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension. Let's care for your opportunities to progress From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered. Let's care for life's twists and turns From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back. Let's care for our society and our planet With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients. Care to join us? Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead. Learn more about careers at Allianz Commercial by clicking here. Learn more about Allianz Commercial by clicking here. 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 matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust. We therefore welcome applications regardless of race, 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. People with disabilities: We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email View email address on click.appcast.io Recruitment Agencies: Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm.Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly. Failure to comply could/may result in the disqualification of the candidates and/or the termination of our contract and/or fees not being paid. #LI-Hybrid #LI-KK1 #J-18808-Ljbffr