Allianz logo


Share this job:

View all jobs at Allianz

⛔️ Allianz are no longer taking applications for this job.

Actuarial Expert

At Allianz Global Corporate and Specialty SE (AGCS), we are the global leader for insuring corporate and specialty risks in the Allianz Group. Whether it’s aircraft, satellites, the world’s biggest ships and tallest building, cyber-attacks or climate change impacts, AGCS has the major risks covered when it comes to protecting businesses.

About the Role:

Reporting to the Regional CFO Actuarial function, you will join the team as an experienced professional, ensuring robust reserves are held by doing both independent actuarial analysis and actively collaborating with various stakeholders. You will derive forward looking loss ratio views to inform business steering and quarterly closing.

You will be comfortable and confident working with colleagues around the globe and presenting up to C-Suite level. Regular stakeholders will include: underwriting, claims and pricing teams – working together to understand trends, business mix movement and market development and ESG topics.


  • Ensure that adequate loss reserves are estimated for your line(s) of business on IFRS 17 basis.
  • Support the Actuarial Function team in derivation of a normalized loss ratio, and where relevant validate selected and booked NLR via annual reserve reviews.
  • Support the reserving team in monthly closings and contribute to the presentation for the Loss Reserve Committee.
  • Drive innovation and efficiency in all our processes, particularly to improve the quality in forecasts, achieving a high predictability.
  • Peer review work from other team members and provide training and guidance to junior colleagues.


  • Minimum 4 years business experience, preferably spanning multiple actuarial areas
  • Job specific knowledge with regard to market dynamics, standard concepts and approaches, regulations/compliance standards, reporting requirements (e.g., reinsurance and underwriting knowledge, reserving techniques, data flows, etc.)
  • Finance and Insurance know-how (ideally P&C) as well as a healthy curiosity to understand complexities inherent in an insurance group (consolidation processes, legal vs management view) allowing for cross-departmental thinking and acting
  • Ability to identify patterns and root causes in complex (e.g. ambiguous, from various sources) data and processes to rapidly distil key issues and provide insight in various situations
  • Basic balance sheet understanding on IFRS 4 and IFRS 17 bases, and experience of closing and reporting related topics
  • High level of analytical ability, capable of clearly communicating results and findings in a clear and concise manner
  • Excellent stakeholder management skills, ideally within a global environment.
  • Qualified Actuary
  • Fluent English skills


The annualized base pay range for this role is $94,043 - $159,826. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AGCS total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.


  • Hybrid working model
  • Great compensation and benefits package (details vary by location), including a generous bonus scheme and pension
  • Career development and digital learning programmes to international career mobility
  • Support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits)
  • Opportunities to be engaged in shaping a future that is safe, inclusive and sustainable

About the Company:

Allianz Global Corporate & Specialty (AGCS) is a global corporate insurance carrier and part of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business.

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our company culture.

View all jobs at Allianz

⛔️ Allianz are no longer taking applications for this job.

From the blog

Expert tips on actuarial career growth and development.

7 ways to avoid burnout as an actuary

Being an actuary isn’t the 9-5 job that everyone thinks it is. At some point in your career, you'll probably feel like you're approaching burnout.