Working Student: Actuary / Actuarial Data Scientist

Allianz Digital Health GmbH (ADH) is a Munich, Germany based subsidiary of Allianz SE.

ADH has a dual mission: Developing cloud-based software applications for Health insurance and supporting Allianz units world-wide in optimising their Health insurance business along the value chain.

What does it take to develop outstanding software or to support Health insurance executives globally to achieve lasting success in their business?
It takes a lot. We look for people with dedication, knowledge, and curiosity. For people who want to learn and work in a truly exceptional team.

If you're excited to gain hands-on experience tackling real-world challenges in the Health insurance industry and contribute to innovative solutions that make a tangible impact at Allianz units worldwide, ADH offers the perfect environment to learn and grow.

Tasks

• Support our experienced team of Health actuaries in developing and optimizing innovative pricing models.
• Analysing data, calculating cost trends, and determining risk factors.
• Contribute to pricing model calibrations and backtest our pricing algorithms.
• Collaborate with the team to assess and adapt tools for country-specific pricing requirements.
• Participate in consulting projects by preparing materials and supporting the rollout of pricing solutions to Allianz units worldwide. Play a role in shaping how Allianz approaches Health insurance pricing on a global scale.

Requirements

• Enrollment in a university program with a focus on mathematics, actuarial science, statistics or data science.
• Solid understanding of actuarial principles, such as risk assessment, tariff calculation or cost modelling.
• Foundational knowledge of key actuarial methods including (generalized) linear regression modelling.
• Practical experience in programming languages, ideally with R.
• Analytical mindset and a structured, problem-solving approach with attention to detail.
• Progress in actuarial exams (if applicable) or a demonstrated interest in pursuing an actuarial qualification.
• High degree of self-organization, the ability to work independently, and eagerness to learn from experienced actuaries.
• Fluency in English (written and spoken).

Benefits

• You will have business impact and see the results of your work in markets across the world.
• You enjoy Allianz Group benefits while at the same working in a start-up culture with great flexibility in working style, freedom to shape your working environment, a super-flat hierarchy and fast decision-making processes.
• You can balance your work and other commitments with flexible working hours and the chance to regularly work from home.
• You work in a multicultural, open-minded and fun team of highly motivated colleagues, who support each other and celebrate successes as a team.

Our Office is located in Munich-Riem (Willy-Brandt-Platz 3; Messestadt West U2).

We would love to have you in our team and look forward to your application!