Pricing Actuarial Apprentice

The Alternative Risk Transfer (ART) team are responsible for the design, structuring, pricing, negotiating and management of bespoke multi-line and multi-year transactions for Allianz Commercial Clients within all sectors and with a global footprint. This international team, located across London, Munich, Zurich, Bermuda, Singapore and New York has grown to more than 100 people globally and will provide lots of opportunities for diverse experience and exposure. 

ART sits in a very unique area within the insurance market – nothing is ‘off the shelf’, everything is bespoke. You will have freedom to think outside of the box and be creative in solving our clients’ most complex issues. You will gain access to all lines of business and unlike most actuarial roles, this front office position will allow you to eventually interact with brokers and clients on a daily basis. 

Some of your specific responsibilities during your Apprenticeship could include: 

Collaborate with multi-functional deal teams spanning catastrophe modellers, lawyers, actuaries, underwriters and accountants Assist in (and eventually independently run with) the triaging, pricing, modelling and structuring of insurance transactions Attend client and broker meetings Data cleaning and preparation Support the underwriting process (including ART’s transaction management tool) and the broader underwriting team’s activities Provide an excellent service to internal and external stakeholders 

Training:

Starting in September 2025, our Actuarial Underwriting Apprentice programme will give you the opportunity to develop a range of skills while working within our Alternative Risk Transfer team. In addition to on-the-job development, over the course of 42 months, you’ll spend 20% of your time participating on a Level 7 Actuarial Apprenticeship that will guide you through your Actuarial qualifications.

Training Outcome:

Our Apprenticeship Program is the perfect opportunity to start your career in the insurance industry with a global company. Upon completion you will have the opportunity to apply for Actuarial or Underwriting positions within our organisation. Alternatively, you may choose to follow one of the many and varied alternative career paths that the insurance industry offers.

Employer Description:
At Allianz Commercial, we are the global leader for insuring corporate and specialty risks in the Allianz Group. Whether it’s aircraft, the world’s biggest ships and tallest building, cyber-attacks or climate change impacts, Allianz Commercial) has the major risks covered when it comes to protecting businesses.

Working Hours :
Monday to Friday, 9am to 5pm.

Skills:
Communication skills,IT skills,Attention to detail,Organisation skills,Customer care skills,Problem solving skills,Number skills,Analytical skills,Logical,Team working,Creative,Initiative,Proactive