Health Actuary - Pricing

Product and Pricing Actuary Key Responsibilities ● Work as an extended team of the ADH actuaries to support various product approval, pricing and Health governance activities. ● Support ADH in the product approval process for retail and group health business of global Allianz OEs with: o Assessment of the initial Health product design and pricing developed by the OE. o Enhancement of the product and pricing with quality, data-driven, practical solutions. o Coordination with ADH, other Group functions and the OE, as required, to ensure timely completion of the product approval process. ● Support ADH in assessing the product and pricing maturity of different OEs with deep dive of the current practices and approach in the OE, identifying the gaps/ improvement areas and suggesting the possible enhancements to improve the product and pricing. ● Support ADH in any other ad-hoc Health actuarial activities ● With a strong problem solving and analytical acumen, understand the existing business challenges and develop data driven solutions that may go beyond the existing practices in a highly dynamic and fast paced environment. ● You bring your knowledge to bear to analyze data, calculate cost trends and identify risk factors. ● Effectively communicate with various internal and external stakeholders to convey complex actuarial concepts and analysis into understandable insights. ● Ultimately, you have an impact on how Allianz is positioned in Health globally. What we look for ● University degree in mathematics, statistics, economics, data science or any related quantitative fields. ● More than 5 years of past experience as an actuary in Health insurance product design and pricing. ● Strong knowledge in data analysis, with practical programming experience, ideally with R or Python. ● High degree of self-organization and willingness to take ownership. ● Problem solving skills to address complex issues related to product development and pricing. ● Ability to adapt to changing business requirements and market conditions. ● Fluency in written and spoken English. What you get ● You will have business impact and see the results of your work in markets across the world. ● You work with a multicultural, open-minded and fun team of highly motivated colleagues, who support each other and celebrate successes as a team.