Milan

Associate

Qualified

Life

Property & Casualty

Reserving

Reporting

Risk

Systems

Python

Modelling

Data Science

Prophet

Coding

Motor

Pricing

Machine Learning

Valuation

Capital

Excel

Emblem

RAFM

Radar

Allianz is a global financial services company headquartered in Germany. It offers insurance, asset management, and investment services to individuals, businesses, and institutional clients worldwide. With a strong presence in over 70 countries, Allianz is known for its expertise, stability, and commitment to customer-centric solutions in the insurance industry.

Allianz

JOB PURPOSE/ROLECandidate would be required to provide support to Non Motor Actuarial Office across the full spectrum of Pricing analysis.KEY RESPONSIBILITIES<ul><li>Support the data ingestion and data transformation procedures.</li><li>Data exploration, transformation and cleaning procedures.</li><li>Structuring data science solutions to achieve a given set of business objectives.</li><li>Build and prototype analysis and Machine Learning models and support their implementation and deployment in the systems of the Company.</li><li>Model customer’s behavior based on market and competitor’s analysis.</li><li>Implement and enhance dashboards and business intelligence tools to support risk analysis and portfolio management.</li><li>Implementation of Radar Base Projects for Impact Analysis/Scenario Testing.</li><li>Implementation of the tariff (both technical and commercial), discount, UW rules, renewal process in Radar Live in accordance with technical specification provided by Pricing Actuaries, Product Development and Anti-Fraud teams.</li><li>Coordination of activities to be carried out with the support of junior resources to be supervised and trained.</li><li>Doing Research and Development to find new technical solutions.</li></ul>KEY RESPONSIBILITIES/SKILLS/EXPERIENCE<ul><li>PhD or Master’s degree in a quantitative field (i.e. computer science, mathematics, physics, statistics or engineering).</li><li>Minimum two years working experience.</li><li>Good hands-on knowledge of programming languages (e.g. Python, SAS or R).</li><li>Hands-on experience with Machine Learning algorithms implementation.</li><li>Passion and ability for data exploration, analysis and modelling in order to design and develop systems to support strategic business decisions.</li><li>Preferably knowledge of the Tower Watson Suite: Emblem, Radar.</li><li>Fluent in Italian and English.</li><li>Ability to work independently as well as engage and interact with different stakeholders.</li><li>Ability to coordinate activities and training of junior resources.</li></ul>64049 | Actuarial | Professional | Non-Executive | Allianz Italy | Full-Time | PermanentAllianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.Both genders may apply in accordance with the L. 903/77 (s.m.i).

The Life Reserve Calculation department in the Actuarial Department of Allianz Italia is looking for a Life Actuary. The Life Reserve department covers the following areas of responsibility, for all the Italian Life Companies of the Group:<ul><li>Statutory and IFRS reserve calculation: valuation and validation of statutory &amp; IFRS reserve and maintenance of the reserve platform calculation. Deep dive analysis of the new IFRS 17 reserve items through analysis of movement and valuation of the impact in terms of operating profit</li><li>SII Technical Provision calculation: valuation of SII Technical Provision, Analysis of movement, sensitivities analysis and QRT’s reporting activity</li><li>IAS 19 valuation: calculation of the provision for the employee benefits</li><li>Cash flow calculation: cash flow projection provided to finance department for assess the ALM strategy as well as for supporting the assessment of additional provision for interest rate risk</li><li>Reporting activity: prepare documentation requested by the local regulator and provide reports for disclose the reserve results under different accounting principles and for supporting the audit process and the activity of the actuarial function</li></ul>KEY REQUIREMENTS/SKILLS/EXPERIENCE<ul><li>Master’s degree in Actuarial Sciences, Mathematics,  Economics (with a strong quantitative specialization) or equivalent background</li><li>Experience (2/3 years) in Life or Consultancy Actuarial departments</li><li>Knowledge actuarial software or equivalent (e.g. RAFM / PROPHET)</li><li>Sound technical knowledge connected with programming skills</li><li>Good knowledge of MS Excel and other MS Office applications as well as familiarity  in working with data bases</li><li>Team spirit, self-motivation and a proactive and committed working style</li><li>Ability to work under pressure and meet tight deadlines</li><li>Fluency in Italian and English, written and spoken</li></ul>About usAllianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation. Join us. Let's care for tomorrow.

The Life Actuarial Function Department of Allianz Italia is looking for a Life Actuary.The Life Actuarial Function team covers the following areas of responsibility, for all the Italian Life Companies of the Group:<ul><li>ensures that methodologies, models and processes used in the calculations of the technical reserves are appropriate to the lines of business considered</li><li>verifies the availability, appropriateness and completeness of the data and the hypothesis necessary for the valuations</li><li>verifies the consistency of the underwriting and reinsurance policy with the risk appetite of the Company</li><li>supports the Risk Management unit in the Solvency Requirements calculation and the Own Risk and Solvency Assessment.</li></ul>KEY REQUIREMENTS<ul><li>Master’s degree in Actuarial Sciences, Mathematics, Economics (with a strong quantitative specialization) or equivalent background</li><li>Life actuary or equivalent background (e.g. 4/5 years of experience in Life Actuarial/Life Risk Management departments of Insurance Companies or Consultancy firms)</li><li>Strong quantitative/analytic skills</li><li>Sound technical actuarial knowledge connected with programming skills</li><li>Good knowledge of MS Excel and other MS Office applications as well as familiarity in working with statistic software and data bases</li><li>Knowledge of cash-flow projecting tools such as RAFM, Prophet or equivalent</li><li>Knowledge of the insurance balance sheet and risk capital concepts</li><li>A good overview over life business processes would be an advantage</li><li>A positive ‘can do’ attitude with the ability to work as part of a team or independently</li><li>Fluent Italian and English (written and spoken)</li></ul>Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation. Join us. Let's care for tomorrow.

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