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Allianz is hiring a

Senior Actuarial Expert (P&C Reinsurance)

Job Purpose/ Role

We are looking for a P&C Senior Actuarial Expert to join our Corporate Actuarial team at Allianz Re, the Allianz Group’s global “in-house” reinsurance company based in Munich, Germany.

Reporting to the Head of P&C Reserving, you would be part of a small, friendly and professional team, fully integrated with all aspects of the quarterly and annual reporting processes with focus on IFRS disclosures.

You will take over a senior role in the team and manage the quarterly IFRS closings. This also includes the internal preparation and the result discussion with senior stakeholders across the organization. You will orchestrate the IFRS work for the team and bring continuous improvements into the daily work in close exchange with the Head of P&C Reserving and the Chief Actuary. You will act as deputy to the Head of P&C Reserving to help shape our future actuarial work environment.

Key responsibilities

  • Manage the quarterly IFRS closing process including result presentation to internal and external stakeholders
  • Perform P&C reserving on IFRS 17 bases for a global reinsurance company
  • Drive the development work around IFRS 17 calculation and reporting processes
  • Act as first contact person for reserving actuaries for technical guidance and advice on IFRS 17 topics
  • Ensure completeness and high quality of internal controls and documentations

Qualifications

  • Qualified actuary of a recognized actuarial society (DAV, IFoA, etc.)
  • University degree in Actuarial Science, Mathematics, Statistics or a related quantitative field
  • Fluency in English speaking and writing, German is a plus

Experience & Key skills

  • Several years (>6) of experience in P&C reinsurance reserving or in a similar actuarial role in reinsurance (Pricing, risk modelling, etc.)
  • Very good understanding of reserving and reporting processes, especially under IFRS 17
  • Experience with reporting to senior management in a financial reporting and/or actuarial context, including designing such reports
  • Ability to manage a team and collaborate closely with colleagues across several disciplines
  • Team player with the ability to work independently with attention to detail as well as ability to apply high-level judgement
  • Self-directed and well organised
  • Pro-active working attitude and willingness to work under time pressure
  • Ability to work in an international and multi-cultural environment
  • Excellent communication skills
  • Highly motivated and open minded person who sees challenges as opportunities

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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