Head of Technical Pricing Certification
4 days ago
Whether it’s aircraft, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.
We are looking for a Head of Technical Pricing Certification (m/f/d), based in London or Munich.
Your Team
The Global Pricing team is part of the Chief Technical Office Function. Its focus is on transforming pricing infrastructure across Allianz Commercial globally, driving innovation, and improving pricing capabilities.
Our international team operates across key cities including London, Munich, Bucharest, Singapore, Chicago, and New York, offering a unique opportunity to collaborate with colleagues from diverse regions. The team plays a crucial role in shaping global pricing strategies, ensuring consistent, data-driven approaches to enhance profitability and competitiveness across markets.
The Impact You Will Have
As the leader of the Technical Price Certification (TPC) process, you will have a transformative impact on Pricing Best Practices across Allianz Commercial. Reporting to the Chief Pricing Officer, you will build and lead an expert team dedicated to establishing and promoting best practices in commercial pricing. Your leadership will ensure consistent and effective pricing strategies across all Lines of Business and Regions, enhancing overall profitability and competitiveness. By assessing progress and implementing improvements, you will drive a culture of excellence and accountability in pricing, ultimately contributing to the organizations success and long-term growth. Your influence will resonate throughout the company, shaping pricing standards and practices.
Some of your specific responsibilities could include:
• Define pricing best practices for each Line of Business and Region within Allianz Commercial, focusing on areas such as data, modeling, technology, portfolio management, and governance.
• Provide training to Allianz’s Pricing and Underwriting teams to ensure they understand and apply best practices effectively.
• Maintain the “Functional Rule” for Pricing, setting clear expectations for pricing practices across the organization.
• Oversee rate filing work as needed to ensure compliance with US State Regulators.
• Coordinate global projects across teams, collaborating with Allianz’s Retail Head of TPC to share insights and drive improvements.
What You’ll Bring to the Role
• Excellent tertiary qualification in Actuarial Science, Mathematics, Economics, or a related discipline, or you are qualified by experience; a Qualified P&C Actuary is preferred.
• Many years of experience as a Qualified P&C Actuary, with a strong understanding of actuarial requirements for international portfolios, especially in high-volatility segments.
• Experience working internationally and managing global teams remotely across various locations.
• Deep understanding of the product portfolio relevant to Allianz Commercial.
• Solid grasp of principles and practices in Claims, Underwriting, Reinsurance, and Accounting, including local and international accounting rules for reserving.
• Ability to develop data tools and models that meet business needs, such as for rate development and risk capital.
• You have the skills to navigate complex issues and respond effectively to ambiguous situations, anticipating challenges before they arise.
• Strong communication and presentation skills, allowing you to convey information clearly to different audiences.
• You can evaluate information from multiple sources to identify business issues, involve stakeholders in decision-making, and commit to actions based on informed criteria.
• You speak fluent English; additional languages are a plus.
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