Senior Actuarial Pricing Analyst
- Richmond, VA, United States
Annualized base pay range is $112,410 – $164,835 USD
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Job details
- Pay
- Annualized base pay range is $112,410 – $164,835 USD
- Posting language
- English
- Posted
Original job description
As a Sr. Actuarial Pricing Analyst at Allianz Partners, you will analyze company risk related to insurance products, price new products, and perform in-depth analyses of historical business performance to accurately forecast future liability and set appropriate rate levels.
As a key member of our five-person actuarial team, you'll help drive pricing strategy for a $2.5B travel insurance portfolio while influencing product innovation, performing predictive modeling, and contributing to strategic business decision-making. You'll have the freedom to bring new ideas forward, leverage emerging technologies including AI, work directly with senior leadership, and build the skills needed to grow into future leadership opportunities.
Way of Working: This position follows a hybrid way of working Monday through Friday to include 2 in-office days on Tuesdays and Thursdays at our location in Richmond, Virginia.
What you will do
- Apply a variety of actuarial concepts, practices, and procedures, in accordance with relevant Actuarial Standards of Practice as promulgated by the Actuarial Standards Board and recognized actuarial organizations.
- Collect, analyze and interpret historical data.
- Utilize detailed knowledge of benefits, certificates and adjudication process to evaluate potential impact of benefit plan experience data.
- Meet actuarial reporting needs: manage the completion and delivery of internal and external reports and serve as a consultant and guide others within the division on deliverables and independently manage projects through completion.
- Plan and implement innovative insurance, management and client solutions
- Design rate filings to support benefit and product needs in compliance with state regulatory requirements.
- Independently respond to regulatory requests related to rate filings and market conduct examinations.
- Develop customized pricing models, as needed.
- Enhance and develop tools and models as necessary to support changes in the business.
- Work effectively in an environment shaped by artificial intelligence (AI), machine learning, data analytics, and cloud‑based tools, using insights responsibly and in alignment with our standards for data governance, security, and ethical use.
What you will bring
- Bachelor’s degree in Actuarial Science, Finance, Economics or related field or equivalent combination of education, training and relevant work experience.
- Five (5+) years of related pricing actuarial experience in the insurance industry.
- Demonstrated effective written and verbal communication skills.
- Proficiency in actuarial techniques, R or Python coding and predictive modeling.
- Associate, Casualty Actuarial Society designation preferred.
- Experience or demonstrated ability to lead project initiatives.
- Cross functional collaboration skills with strong business acumen.
At this time, Allianz Partners will not sponsor a new applicant for employment authorization, or offer any immigration-related support for this position (i.e. H1B, F-1 OPT, F-1 STEM OPT, F-1 CPT, J-1, TN, or another type of work authorization)
What we offer
Annualized base pay range is $112,410 – $164,835 USD
Actual base pay may vary based upon factors such as relevant experience, qualifications, internal equity of peers, and geographic location. Employees may also qualify for performance-based bonuses, merit increases, and other incentives based on individual and company performance. The availability and amount of these additional compensation elements are determined by company policy and may vary.
Our employees play an integral part in our success as a business. We appreciate that each of our employees are unique and have unique needs, ambitions and we enjoy being a part of their journey.
We are there to empower and encourage you with your personal and professional development ensuring that you take control by offering a large variety of courses and targeted development programs. All that in a global environment where international mobility and career progression are encouraged. Caring for your health and wellbeing is key priority for us. This is why we build Work Well programs to providing you with peace of mind and give the flexibility in planning and arranging for a better work-life balance. We offer a comprehensive benefits package that includes health, dental, and vision insurance, retirement savings plans, paid time off, and other employee programs. Eligibility for benefits is subject to plan terms and conditions and may vary based on position and/or employment status.
At Allianz we use some AI-assisted technology as part of our recruitment process to help match candidates to roles based on skills, experience, job title, and location. AI supports our recruiters by enhancing the efficiency and accuracy of candidate assessments and job recommendations, while all applications are reviewed by our recruitment team and final hiring decisions are made by humans.
This posting is for an existing vacancy.
How We Hire
Allianz Partners does not accept unsolicited CV’s or approaches from agencies. We only work with partners on our approved supplier lists, under contract. Any unsolicited submission will not be considered.
109199 | Actuarial | Professional | Non-Executive | Allianz Partners | 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 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.
More about this job
Skills
- Decision making
- Leadership
- Reporting
- Guide others
- Manage several projects
- Regulatory compliance
- Data analysis
- Actuarial science
- Communication skills
- R
- Python
- Collaboration
- CPT
- J