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Zurich Insurance

Global insurer providing property, casualty, life

Motor Pricing Actuary

Actuarial & Risk ModellingUpdated on Nov 14
Full-timeCologne, GermanyNo salary listed

About the Job

Requirements

  • A successfully completed degree in mathematics, business mathematics, statistics, data science, computer science, physics, insurance mathematics, financial mathematics, or a comparable quantitative field.
  • Strong analytical skills, business understanding, and interest in data-driven pricing and modern methods in property and casualty insurance; professional experience or initial practical exposure in this area is desirable.
  • Knowledge of Python or a comparable analytics or programming language.
  • Willingness to learn new methods and technologies and develop professionally, for example through training to become an actuary with the German Actuarial Association (DAV).
  • Ability to communicate complex analytical results clearly as actionable recommendations.
  • Experience with WTW Radar/Emblem, data-lake or cloud technologies, or machine learning is a plus.

Responsibilities

  • Continuously develop data-driven pricing processes for private motor insurance using modern technologies such as data lakes, flexible rating engines, and modern analytics methods.
  • Develop pricing methods and models using statistical, actuarial, and machine-learning approaches, from analysis and modeling through implementation.
  • Optimize pricing based on data while balancing profitability, conversion, and retention, and translate performance-analysis findings into targeted pricing measures.
  • Advance topics within the Pricing Excellence Framework alongside interdisciplinary teams, including data use, automation, efficient pricing processes, and technical pricing delivery.
  • Serve as a central pricing expert in product, tariff, and portfolio decisions, deriving evidence-based recommendations to develop the motor portfolio profitably and competitively.

Desired Qualifications

  • Professional experience or initial practical exposure in data-driven pricing or modern methods in property and casualty insurance.
  • Experience with WTW Radar/Emblem, data-lake or cloud technologies, or machine learning.

About the Company

Zurich Insurance

Global insurer providing property, casualty, life

Zurich Insurance Group provides global multi-line insurance for individuals, families, small and mid-sized businesses, public entities, and multinational corporations in more than 200 countries. Its Property & Casualty arm covers personal lines like car and home, plus a wide range of commercial coverages (property, casualty, motor fleet, marine, construction, energy, financial lines, international programs); its Life business offers protection, savings, retirement, and unit-linked products. The Farmers Group manages Farmers Exchanges in the United States. The company also provides risk engineering and prevention services to help customers reduce risk and build climate resilience, with products sold through agents, brokers, bank partners, and direct channels. Its goal is to provide financial protection and risk management solutions that help customers manage uncertainty and build resilience over the long term.

Company size
10,001+
Company stage
IPO
Headquarters
Zurich, Switzerland
Founded
1872

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