Head of Pricing - Property (m/f/d)

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 Pricing - Property (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.

This 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 Head of Pricing, you will play an important role in shaping the profitability of the Property business lines by leading strategic pricing initiatives. Your experience will directly influence underwriting decisions and portfolio management, driving sustainable growth across both mid and large corporate segments. By leveraging data analytics, predictive modeling, and machine learning, you will transform complex datasets into actionable insights that refine pricing strategies and optimize risk assessments. Collaborating closely with the Chief Pricing Officer and other senior leaders, you will ensure alignment of pricing strategies with business goals, fostering a culture of data-driven decision-making and innovation that will contribute to long-term success.

Some of your specific responsibilities could include:

1. Conduct in-depth profitability reviews of individual accounts or business segments, identifying areas of concern and proposing actionable portfolio changes.
2. Ensure results from profitability analyses are incorporated into technical pricing models.
3. Monitor and assess outcomes of steering activities following profitability reviews.
4. Develop and refine pricing tools through recalibrations and statistical pricing methodologies.
5. Build strong relationships with Underwriting and senior management to secure long-term support for technical pricing and tools.
6. Establish robust processes for pricing modeling and analysis.
7. Coordinate global, cross-team projects related to pricing and profitability.
8. Stay informed about global market developments and ensure loss trends are reflected in underwriting strategies.
9. Lead or contribute to projects impacting technical pricing, promoting its importance within Allianz Commercial.

What You'll Bring to the Role

1. Strong academic qualifications, ideally in Actuarial Science, Mathematics, Economics, or a related field, or equivalent experience in the industry. A qualified P&C Actuary is highly preferred.
2. Many years of post-qualification experience as a P&C Actuary, with deep expertise in handling international portfolios, especially in high-volatility segments and with complex data challenges.
3. In-depth knowledge of diverse insurance product portfolios.
4. Strong knowledge of Claims, Underwriting, Reinsurance, and Accounting practices, including international accounting rules for reserving.
5. Develop and implement data models and tools to support business needs, such as rate development and risk capital management.
6. Experience managing and developing global teams across multiple locations, with a strong track record of leading through change.
7. Strong strategic decision-maker involving stakeholders and making informed balanced decisions.
8. You speak fluent English. Additional Language is a plus.

What's in it for 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.

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

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.

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.

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 Allianz Group brand serving the world's largest consumer brands and major industry players through to family-owned enterprises forming the backbone of nations' economies. We bring together the corporate multinational business of Allianz Global Corporate & Specialty and the commercial business of national Allianz Property & Casualty entities and provide both traditional and alternative risk transfer solutions, outstanding risk consulting and Multinational services as well as seamless claims handling.

As a key strategic player in the Allianz Group network, Allianz Commercial is present in over 200 countries and in 2022 generated more than €19 billion gross premium.

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our culture.

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

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 recruiters. 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.