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Non-Life Pricing Specialist (Motor)

Remote, Madrid·Full-time·Added 2 days ago (last checked 29 Oct)

Allianz

182 open roles

Our summary

Work mode
Remote (Madrid)
Contract
Permanent, full-time hours
Spanish
Fluent
English
Required
Experience
4+ years
Education
University degree
Benefits
Gym access

Visa options

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Skills

This job advert was originally written in Spanish.

Requirements

What we're looking for

We are looking for a person with an interest in the world of pricing, an analytical orientation, and the desire to transform data and models into business decisions.

We would like you to bring:

University degree in Actuarial Sciences, Mathematics, Statistics, Engineering, or related degrees.

At least 4/5 years of experience, or equivalent experience, in Non-Life insurance pricing, preferably in the Motor line of business.

Experience in predictive modeling and solid analytical skills.

High level of Spanish and English, to move comfortably in international environments.

Ability to communicate technical concepts and insights to the business in a clear and practical manner.

Ease in working collaboratively with multidisciplinary teams.

Nice to have

We would love it if, in addition, you have...

Knowledge of Willis Towers Watson tools, especially Emblem, Radar, or Classifier.

Experience in programming with SAS and/or Python.

Knowledge of Cloud environments, especially Microsoft Azure.

Pay & benefits

What you'll get

Being part of the Allianz family gives you access to exclusive discounts just for being part of the team.

Taking care of you and your loved ones is our priority. Therefore, you will be able to purchase your insurance at special prices for you and your family.

Take advantage of the benefits of being part of the team and invest in Allianz shares with preferential conditions.

Comprehensive wellbeing. You will have compensation for meals and remote work throughout the territory, in addition to high-quality menus in the Barcelona and Madrid buildings. You will also have access to sports clubs and can participate in the Allianz Olympics worldwide, which are held every four years.

Flexibility! You organize your time with flexible schedules.

You will work in a hybrid model, with offices designed for collaboration and wellbeing.

You will have our own internal ChatGPT at your disposal.

You will have access to continuous training and the You Learn, We Pay program: you choose, we support you.

You will be able to take care of your wellbeing with Wellhub, and enjoy free fruit and snacks in the office.

And if you feel like changing countries, you can work from abroad for up to 25 days a year.

If you are looking for an opportunity to grow, feel valued, and live with balance, Allianz is for you.

The role

BBVA Allianz is a dynamic company in continuous transformation, where your opinion matters and where you are part of and a protagonist of the change. We listen to and value new ideas aligned with our purpose, which drive us to continue being the #EmployerOfChoice #4all.

Would you like to work at your dream company?
With your talent, you can help us make it a reality! Do you dare to accept the challenge?

You will be part of the Pricing team, contributing to the development and evolution of the pricing strategy for the Motor line of business within BBVA Allianz.

Your work will have a direct impact on rate optimization and business decision-making, combining actuarial analysis, modeling, and technology.

What you'll do

Develop and calibrate actuarial models for the Motor line of business.

Build, update, and validate frequency, severity, propensity, and elasticity models.

Participate in price optimization projects, both for the existing portfolio and for new business, using tools such as Radar.

Integrate internal and external information, ensuring the actuarial, technical, and regulatory consistency of the models.

Implement and maintain models and rates in Radar Live, configuring rating factors, business rules, and calculation logics.

Analyze the technical performance of the portfolio and new business, identifying deviations and opportunities for improvement.

Collaborate in the definition of coverages, limits, and underwriting rules, providing a technical and actuarial perspective.

Work transversally with areas such as Claims, Finance, and Business, contributing to an integrated vision and decision-making.

Ensure the correct integration of rates into the systems, providing support in the resolution of incidents.

Additional information

104515 | Actuarial | Professional / Senior | Non-Executive | Allianz Spain | Full-time | Permanent

Hiring process

1 interview

  • Recruiters usually contact you within two weeks of applying.
  • Interviews assess professional skills, potential and soft skills for culture fit.
  • Recruiter contact within two weeks of applying.

About Allianz

Allianz is a global financial services giant and one of the world's largest insurers, offering a wide range of insurance and asset management products to individuals and businesses. With over 150,000 employees and operations in more than 70 countries, Allianz is a category-defining leader in the insurance industry, known for its strong brand and financial stability.

In Spain, Allianz operates through several entities, including Allianz Seguros, Allianz Direct, and a joint venture with BBVA, with offices in Madrid and Barcelona. The company is a major employer in the Spanish insurance market, offering roles in areas such as underwriting, claims, IT, data, AI, and cybersecurity. For international professionals, Allianz Spain provides opportunities to work in a multicultural environment, with many roles requiring English or German, and offers competitive benefits and career development programs.

Industry
Insurance
Founded
1890
Employees
100,000+
Headquarters
Munich, Germany
In Spain
Madrid, Barcelona

Good to know if you are moving

  • Allianz Spain has offices in Madrid and Barcelona, with a significant IT and digital hub in Barcelona.
  • Many roles in Spain require German or English, making it accessible for international professionals.
  • Allianz is known for its strong focus on digital transformation, with many opportunities in AI, cloud, and cybersecurity.
  • The company offers competitive relocation support and international career mobility within the Allianz group.
  • Allianz has a joint venture with BBVA in Spain, creating a unique bancassurance environment.

In their own words

Additional information

We encourage you to submit your application regardless. At Allianz, we value different profiles, experiences, strengths, and perspectives, and we are committed to a diverse and inclusive work environment.

Join us. Let's care for tomorrow.

What I have changed: I have reduced the feeling of a technical list, grouped overlapping responsibilities, reinforced the impact of the role, and clearly separated essential and desirable requirements. I have also aligned benefits and employer branding with it, maintaining key technical tools such as Radar, Radar Live, Emblem, SAS, Python, and Azure.

The Allianz Group is one of the world's most trusted insurance and asset management companies. Caring for our employees, their ambitions, dreams, and challenges is what makes us a unique employer.

We are united by a shared commitment: putting our customers first and at the center of everything we do. Their needs inspire our thinking and guide our actions. Together, we can build an environment where everyone feels empowered and confident to explore, grow, and shape a better future, for our customers and for the world around us.

At Allianz, we champion unity: we believe that a united world is a more prosperous world, and we are dedicated to constantly advocating equal opportunities for everyone. The foundation of this is our inclusive workplace, where people and performance matter, and where integrity, fairness, inclusion, and trust are at the heart of our culture.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability, or sexual orientation, or any other characteristic protected under applicable local laws and regulations.

We are delighted to have you on board. Let's care for tomorrow.

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