Actuarial Graduate - Graduate Program 2026

Actuarial Graduate - Graduate Program 2026

Let’s care for tomorrow.

Your ambitions . Your dreams . Your tomorrow

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 an Actuarial Graduate in Pricing Analytics to join our Allianz Commercial Graduate Program, based in Munich.

Our Opportunity :

Commencing in September 2026, this is your chance to kick-start your career in the insurance industry and begin an exciting journey with Allianz Commercial.

We are on the lookout for dynamic individuals eager to learn, grow, and make a real impact to our organization. In return, during your first year with us, you can expect extensive training alongside meaningful on the job learning opportunities.

Your Team :

Our global Pricing Analytics team is seeking a Graduate to build strong data driven pricing models for all Lines of Business across Allianz Commercial. This person will need to collaborate internationally with various stakeholders, both within Global Pricing and across other Allianz Commercial functions. Furthermore, this individual will support strategic Allianz Commercial projects, such as developing and driving data driven approaches to portfolio management.

The Pricing Analytics team is part of the Global Pricing department at Allianz Commercial and is responsible for driving the use of Predictive Analytics within Pricing across Allianz Commercial globally. You will join an international department located across London, Munich, Bucharest, Chicago and New York

Your responsibilities :

Conduct in-depth analysis of pricing data to identify trends, patterns, and anomalies.

Assist in the creation and refinement of sophisticated pricing models using statistical software and programming languages such as Python and R. Ensure models are robust, accurate, and aligned with business objectives.

Support the management and maintenance of large datasets, ensuring data integrity and accessibility for analysis. Collaborate with data engineering teams to streamline data processes.

Implement and monitor key performance indicators (KPIs) for pricing strategies. Analyze the impact of pricing changes on business performance and recommend adjustments as necessary.

Conduct scenario analyses to evaluate the potential impact of market changes on pricing strategies. Develop forecasts to anticipate future pricing needs and opportunities.

Prepare comprehensive reports and visualizations that communicate complex analytical findings to stakeholders in a clear and actionable manner.

Work closely with underwriting, actuarial, and sales teams to ensure pricing strategies are informed by a holistic understanding of business needs and market dynamics.

Stay abreast of the latest developments in pricing analytics and insurance industry trends. Contribute to the innovation of pricing methodologies and tools.

What You’ll Bring to the Role

Completion of a bachelors university degree by September 2026 in a quantitative discipline required - preferably with significant emphasis on statistical modelling or machine learning, e.g. Statistics, Data Science, Machine Learning, Computer Science or a related field

Knowledge of P&C insurance and pricing techniques

Computer Skills, Microsoft Office and VBA (recommended)

Quantitative Financial and Risk Modelling skills (i.e. data analysis)

A basic understanding of artificial intelligence (AI) and its potential applications in business is essential

Able to adapt and work effectively in different situations and remain calm under pressure

Excellent communication and interpersonal skills

Have a pro-active and positive attitude to team work, able to assist others and also take on your own responsibilities

A curious and creative mindset, willingness to learn and enthusiasm to own and drive your personal development.

Ability to effectively absorb information from various sources, then analyse, study or examine data in detail, draw appropriate conclusions and present solutions to others.

Good computer skills, including MS / Excel, Word, and PowerPoint.

Fluent English language skills

Further Information :

This is a permanent opportunity. After extensive training during the first 12 months on our Graduate Programme you will continue to work within the team and benefit from the lifelong learning opportunities that Allianz Commercial offers.

Working Hours : Full-time

Starting Date : September 2026

To express your interest in this thrilling opportunity, simply upload your updated CV and carefully answer the mandatory questions in the application form.

Kindly note that due to the high volume of received resumes, our response time may vary. We assure you that we will make every effort to provide timely feedback, although the process may take some time.

87886 | Actuarial | Entry Level | Allianz Commercial | Full-Time | Permanent

What’s in it for you?

Let’s care about everything that makes you, 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.

Let’s care for your financial wellbeing

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

Let’s care for your opportunities to progress

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.

Let’s care for life’s twists and turns

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.

Let’s care for our society and our planet

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 center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead.

Learn more about careers at Allianz Commercial by clicking here.

Learn more about Allianz Commercial by clicking here.

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 matters, 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.

Join us. Let's care for tomorrow.

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 agcsglobalcareers@allianz.com

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. Failure to comply could / may result in the disqualification of the candidates and / or the termination of our contract and / or fees not being paid.

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