Head of Actuarial Processes (Reinsurance)

Job Purpose/ Role

• Drives forward work and initiatives in the area of responsibility
• Is the first point of contact for Allianz Re's Corporate Actuarial processes (P&C and L&H)
• Oversees the development and enhancement of actuarial approaches, models and analysis tools
• Sets and manages priorities
• Ensures execution of actuarial processes during peak times, e.g. quarterly closings
• Develops own team and manages projects across teams and locations
• Engages with AZ Re senior management and the Functional Board as well as Group functions

Key responsibilities

• Keep abreast of leading market practice and drive innovation
• Maintain and further develop the Corporate Actuarial IT applications and Data & Process landscape for Reserving, Reporting and Actuarial Risk Capital modelling in compliance with internal and external requirements
• Manage the interfaces to business, data management teams and IT at Allianz SE Re
• Ensure the connection between Allianz Re local and Group provided systems
• Manage and drive forward actuarial projects
• Support reserving teams by managing actuarial processes during closings
• Coordinate and enhance IT governance within Corporate Actuarial
• Provide advice on actuarial systems and processes to stakeholders
• Peer review work from team members, provide guidance to junior team members

Qualifications

• University Degree, preferably in Mathematics, Statistics, Informatics or another similar discipline
• Qualified Actuary (e.g. FSA, FIA, DAV, etc.)

Required experience

• Min 6 years experience in P&C (Re)Insurance; ideally additional experience in L&H business
• Significant experience in IT system / Tool development including writing data and business specifications
• Experience in managing teams

Technical skills

• Robust P&C (Re)Insurance, Reserving and Finance know-how; Risk Capital modelling knowledge is a plus
• Extensive IT skills (SAS, SQL/Oracle, MS Office incl. VBA/PowerQuery and relevant expert systems such as ResQ and Unify)
• In-depth understanding of P&C reserving processes and dataflows; strong interest and ideally experience in designing or streamlining reserving processes
• Knowledge of accounting and reporting standards, especially IFRS 17 is a plus
• Reinsurance expertise is a plus

General skills

• Ability to deliver results in a complex and high-speed environment
• Excellent analytical, conceptual and problem-solving skills in order to identify solutions for business challenges
• Strong communication skills
• Ability to work in an international and multi-cultural environment and to collaborate with actuaries as well as colleagues across other disciplines
• Highly motivated, open-minded and forward-thinking
• Provide leadership within the “People Attributes”-framework of the Allianz Group
• Excellent command of English, German is a plus

About us

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.

Note: Diversity of minds is an integral part of Allianz’ company culture. One means to achieve diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company encourages its employees to have motivation in gaining varied skills from different positions and to collect experiences from across Allianz Group.