Pricing Actuary/ Analyst

Your Mission In The Team
As a
Pricing Actuary / Analyst
, you will play a central role in shaping our pricing strategy and improving the profitability of our P&C products in the
French direct insurance market
. You will work on three key Lines of Business:
Home
,
Travel
, and our
new Motor product launching in 2026
.

You will join the French
Product & 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 with
Allianz Direct
and
Allianz Group
standards.

*Key Responsibilities*

• Product & Business Contribution
• Support 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 & Pricing
• Develop 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 Monitoring
• Design 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 & Collaboration
• Clearly 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.

What You'll Bring To The Team

• Educational 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.

Interview Process

• 1st 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)

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 Plan
• Employee Stock Purchase Plan

Annual fixed salary of 65 to 80K€ + variable (up to 10%)
Allianz Direct France x Luko – Who are we?
We created
Luko
with a simple vision: to reinvent insurance and finally make it customer-centric.

50% of consumers don't trust their insurer. Yet, insurance is often mandatory and the only lifeline when something goes wrong at home. We set out to build the most transparent and useful insurance company: one you can trust, thanks to a business model designed for positive impact, and products designed to empower users rather than mislead them.

We created the most intuitive, user-obsessed insurance experience possible: subscription in 2 minutes, simple offers, customizable coverages, no hidden fees, policies without long-term commitment, and cancellation in just 3 clicks.

In 6 years, we earned the trust of
400,000+ customers
. By 2022,
25% of home insurance policies sold online in France were Luko policies
, and nearly half of our new customers joined on the recommendation of friends or family.

In February 2024, Luko joined
Allianz Direct
, the digital pan-European subsidiary of Allianz Group, with the ambition to become the market leader in direct home insurance in France. Together, thanks to our shared vision and DNA, we will continue to disrupt the market by offering the best value for money, with even more simplicity and transparency.

Allianz Direct DNA
Becoming part of Allianz Direct means embracing our 6 core values:

• Customer-obsessed
• Communicative
• Data-driven
• Agile
• Team player
• Open-minded

87606 | Actuarial | Professional | n.a. | Allianz Direct | 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 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.

Great to have you on board.
Let's care for tomorrow.

Note: Having different strengths, experiences, perspectives and approaches is an integral part of Allianz' company culture. One means to achieve this is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company expects from its employees a general openness and a high motivation to regularly change positions and collect experiences across Allianz Group.