Pricing Actuary

Job Overview

We are seeking a Pricing Actuary for a permanent role located in Hannover, Germany, offering up to 60% remote work flexibility. This role centers on pricing insurance products effectively, utilizing statistical modeling and collaborating with international analytics teams.

Key Responsibilities

• Lead calculation and continuous development of insurance products, balancing strategy, profitability, and underwriting guidelines.
• Create and enhance pricing models using statistical methods such as Generalized Linear Models (GLM) and conduct ongoing market and pricing analyses.
• Analyze and monitor portfolio and business progression through pertinent KPIs.
• Identify and assess insurance risks, implementing suitable mitigation strategies.
• Support sales, risk management, and other departments with projects and queries.
• Maintain close cooperation with global analytics and pricing teams to exchange best practices and innovative solutions.

Candidate Profile

• Completed studies in mathematics, statistics, actuarial mathematics, or equivalent disciplines, preferably with an actuarial focus.
• Several years of professional experience in pricing, actuarial fields, or insurance mathematics.
• Additional qualification as an Aktuar DAV is advantageous.
• Proficient in data analysis, statistical techniques, and programming using Python, Power BI, and Excel.
• Strong analytical skills, excellent numerical acumen, and an organized way of working.
• Excellent communication abilities and fluency in English and good command of German, both spoken and written.

Benefits

• Secure employment in central Hannover.
• Opportunity for remote work up to 60% of working hours.
• Provided Germany-wide public transport ticket.
• Meal vouchers usable for dining out or shopping.
• Health support including gym memberships (Hansefit), fresh fruit offerings, regular eye examinations, and more.
• Pet-friendly office environment where dogs are welcome.
• Frequent company events.

Compensation

The salary ranges between €75,000 and €99,500 annually depending on qualifications and experience.