pricing actuary

AboutLuko was born from a simple vision: we aim to build the most intuitive and transparent online experience, designed to empower policyholders to understand and manage their insurance. A New Generation of Insurance:Sign up in less than 2 minutes, access an advisor in under 100 seconds, file a claim in just 5 minutes.In just 6 years, over 400,000 users have placed their trust in us. Thanks to intelligent use of technology, we've revolutionized home insurance online, putting customer satisfaction and operational efficiency at the heart of our approach.A Significant Impact:In 2022, 1 in 4 home insurance contracts sold online in France was a Luko policy, and nearly half of our new customers joined us through a recommendation from a friend or family member.February 2024:Luko joined Allianz Direct, the European digital subsidiary of the Allianz Group. Together, we aim to become the undisputed leader in direct home insurance in France.What Does This Change?For Luko: Continuing to simplify and bring transparency to the insurance experience.For our customers: Enjoying the same high-quality service, backed by the financial strength of the Allianz Group.And for tomorrow?Luko already offers Allianz Travel insurance, and soon… auto insurance Allianz Direct At a GlanceA subsidiary of the Allianz Group, created in 2019.Present in 5 countries: Germany, Netherlands, Italy, Spain, and France.Diverse offerings: home, auto, motorcycle, pet (Italy), and travel insurance (Germany and Netherlands).At Allianz Direct, as at Luko, we believe in the power of digital and technology to create a virtuous circle centered around customer satisfaction.Job DescriptionYour mission in the team:As aPricing Actuary / Analyst, you will play a central role in shaping our pricing strategy and improving the profitability of our P&C products in theFrench direct insurance market. You will work on three key Lines of Business:Home,Travel, and ournew Motor product launching in 2026.You will join the FrenchProduct & Pricing team, a dynamic group of 10 experts (4 in Product/Underwriting, 5 in pricing and 1 Data Scientist), and collaborate closely with our international Pricing Tribes of experienced analysts and actuaries who continuously enhance our pricing frameworks and methodologies. You will contribute to adopting best practices, ensuring full compliance withAllianz DirectandAllianz Groupstandards.Key ResponsibilitiesProduct & Business ContributionSupport the technical development and enhancement of new insurance products, including our Motor insurance launch planned for 2026.Collaborate with underwriting and product colleagues to ensure pricing reflects product features, underwriting guidelines, and regulatory requirements.Modelling & PricingDevelop risk models and demand models (conversion, lapse) across Home, Travel, and soon Motor.Build optimized commercial tariffs tailored to the French direct market.Propose, implement, and monitor pricing strategies aligned with product objectives, market trends, and competitor dynamics.Tools, Data & Rate MonitoringDesign and enhance pricing tools for tariff creation, scenario testing, and profitability monitoring.Collect, validate, and analyze data from internal databases to support modelling and business analysis.Track the viability and performance of rates and rules, conducting regular reviews of pricing levels, claims costs, and profitability metrics.Communication & CollaborationClearly communicate modelling results and insights to both technical and non-technical stakeholders.Work with international counterparts to share and adopt best practices across the Group.Why join us?This is a unique opportunity to join a fast-scaling company, work in a close-knit team, and collaborate with Allianz Direct's European subsidiaries to exchange best practices and address cross-functional challenges. You will also benefit from internal mobility opportunities across the Group in Europe.Growth and Mobility: Join a fast-growing company, collaborate with Allianz Direct's European subsidiaries, and explore career opportunities across Europe.International Team: Be part of a diverse and collaborative team based in our central Paris office (2nd arrondissement).Hybrid Work Model: Benefit from flexibility with remote work options.Continuous Learning: Access professional development and training programs.Meal Vouchers: Swile meal vouchers for a variety of dining options.Comprehensive Health Coverage: Medical, dental, and vision insurance through Alan.Paid Time Off: 28 vacation days plus 9–11 RTT days.Holiday Bonus: Annual holiday bonus paid in May.Pro Bono Days: 6 days per year to volunteer during working hours.Cross-Border Remote Work Policy: Flexibility to work from abroad.Supplementary Pension PlanEmployee Stock Purchase PlanPreferred ExperienceEducational Background: Actuarial science, MSc in econometrics, data science, applied mathematics, or a related technical field.Technical Expertise: Solid understanding of statistical modelling, particularly GLMs. Interest or experience in machine learning methods (e.g., GBMs, gradient boosting).Programming Skills: Proficiency in Python, R.Pricing Software: Experience with Radar or Emblem is a strong advantage.Analytical Mindset: Demonstrated analytical strength, creativity, and enthusiasm for data-driven decision-making in pricing.Communication Skills: Fluent in English; the ability to explain complex concepts clearly to diverse audiences.Working knowledge of French is a plus for interacting with the French market context.Recruitment ProcessInterview Process1st Interview – HR with Alison, our HRBP (30 min)2nd Interview – Hiring Manager Interview with Thuvan our Global Head of Technical Excellence (1h)3rd Interview – Technical interview with 2 team members (1h)4th Interview – Team Fit : Meet with Vianney, our Underwritting Lead, and Francis, our Head of Finance France (1h)Additional InformationContract Type: Full-TimeStart Date: 01 March 2026Location: ParisEducation Level: Master's DegreeExperience: > 3 yearsPossible partial remoteSalary: between 60000€ and 80000€ / year