Actuary

What you do

Working as a member of the global Allianz Partners Corporate Actuarial department, you will be responsible for reserving the Business Units (country-based businesses). You will operate in a global set-up within an international insurance group specialized in travel, assistance, and product protection insurance.

You will play a key role in the reserving activity for Travel & Assistance business held at group level interacting with local entities throughout Europe. You will also hold responsibilities for harmonizing and documenting IFRS and Solvency II related actuarial methods and processes and will develop as a key contributor to a wide range of finance transformation projects.

Key responsibilities

• Manage the quarterly IFRS reserves process end-to-end for assigned European business units
• Analyze quarterly IFRS reserves to determine the appropriate IBNR level for run-off and new businesses
• Understand and analyze the quality of the data in terms of coherence, completeness, and consistency
• Engage with local business units to present the corporate actuarial view on reserving
• Contribute to harmonize and maintain the IFRS and Solvency II related actuarial methods, assumptions, and calibration across all business units and lines of businesses
• Engage with underwriting departments and develop as a subject matter expert on pricing/underwriting from a corporate actuarial view perspective
• Contribute to the project aiming at implementing the IFRS 17 standards for assigned business
• Responsible for the design, implementation, and timely execution of internal controls applicable to the reserving process both for IFRS and Solvency II
• Engage with the internal control department to provide relevant information and raise concerns or issues to the Actuarial Corporate Director

What you bring

• Professional experience of at least 4 years in P&C actuarial or risk management activities (consultancy/audit experience an asset)
• Qualification in a recognized actuarial association is an asset
• Expertise in actuarial software and tools (SAS or ResQ an asset)
• Really good drafting and communication skills
• Strong project and stakeholders management skills
• Good spoken and written English

What we offer

Our employees play an integral part in our success as a business. We appreciate that each of our employees is unique and has unique needs, ambitions, and we enjoy being a part of their journey. We are there to empower and encourage you with your personal and professional development, ensuring that you take control by offering a large variety of courses and targeted development programs. All that in a global environment where international mobility and career progression are encouraged. Caring for your health and wellbeing is a key priority for us. This is why we build Work Well programs to provide you with peace of mind and give the flexibility in planning and arranging for a better work-life balance.

About Allianz Partners

Allianz Partners is a world leader in B2B2C insurance and assistance, offering global solutions that span international health and life, travel insurance, automotive, and assistance. Customer-driven, our innovative experts are redefining insurance services by delivering future-ready, high-tech high-touch products and solutions that go beyond traditional insurance. Our products are embedded seamlessly into our partners’ businesses or sold directly to customers and are available through four commercial brands: Allianz Assistance, Allianz Automotive, Allianz Travel, and Allianz Care. Present in 75 countries, our 21,100 employees speak 70 languages, handle over 71 million cases each year, and are motivated to go the extra mile to offer peace of mind to our customers around the world.

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.