Milan

Intern

Part Qualified

Associate

Qualified

Life

Pensions

Property & Casualty

Reserving

Reporting

Reinsurance

Risk

Systems

Python

Modelling

Data Science

Prophet

Coding

Motor

Pricing

Machine Learning

Valuation

Capital

Consulting

Excel

Power BI

Emblem

RAFM

Radar

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 RoleRETIREMENT ACTUARIAL INTERNIn WTW we provide data-driven, insight-led solutions in the areas of people, risk, and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help to sharpen the strategy, enhance organizational resilience, motivate the workforce, and maximize performance.The RETIREMENT ACTUARIAL INTERN will support the Actuarial Retirement team in Italy.The role is suitable for candidates with small or no previous experience.At WTW, we’re committed to shaping the future of retirement and securing financial well-being. We’re searching for a retirement actuarial intern eager to learn about pension accounting and consulting in our Milan team.Role OverviewAs a pension actuary intern, the candidate will work closely with experienced actuaries to gain practical insights into the field of pension and retirement accounting valuations. The responsibilities will include data analysis, support in the valuation process, and assisting in the development and efficient delivery of valuation work.Key Responsibilities<ul><li>Data Analysis and Modeling:
 <ul><li>Assist in analyzing pension plan data, including participant demographics and benefit calculations.</li><li>Use WTW actuarial software to perform calculations related to pension liabilities and projections.</li></ul></li><li>Documentation and Reporting:
 <ul><li>Prepare reports summarizing actuarial findings and recommendations.</li><li>Assist in drafting project-related documents and filing.</li></ul></li><li>Professional Development:
 <ul><li>Learn about pension accounting regulations and best practices.</li><li>Attend training sessions and on-the-job training to enhance actuarial skills.</li></ul></li></ul>The Requirements<ul><li>Pursuing a degree in Actuarial Science, Mathematics, Statistics, or a related field.</li><li>Strong analytical skills and attention to detail.</li><li>Familiarity with actuarial concepts and tools.</li><li>Good written and spoken English.</li><li>Good skills in Excel and at least one programming language.</li><li>Some knowledge of pension accounting under international standards IAS 19 and US GAAP.</li></ul>Based in Milan.“Belonging to protected category as per Law 68/99 is the preferred lane”We are committed to equal employment opportunities at WTW

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.

This is a unique opportunity for a talented Finance Professional to play a pivotal role in a leading European Insurtech. We now serve over 2.5 million active clients in Italy and recently launched our International expansion, with fully operational offices in London, Milan, Rome and Madrid. Our continued focus on cutting-edge tech and analytics coupled with superb user experience attracted a € 100 million investment from Goldman Sachs and Blackstone in 2018, keeping a continued sustainable growth since then.RoleWe are looking for a data-driven and strategic-thinker Actuarial & Risk Specialist who will report to the Actuarial & Risk Analytics Manager and will work closely with the Chief Financial Officer. Our desired candidate will have a strong background in quantitative risk management and actuarial, ideally with some experience in reserving or reinsurance and a strong interest in working in a high growth, innovative environment. We are looking for a Specialist with an analytical and data driven approach.Specifically, you will take care of the following activities:<ul><li>Support group and local functions to monitor technical performance;</li><li>Support the definition of key technical assumptions (average claims, frequency) for planning purposes, and alternative scenarios for stress-test projections;</li><li>Support loss ratio monitoring and monitor loss ratio at country, product, and channel level;</li><li>Support the assessment of business decisions based on quantitative analyses and risk implications;</li><li>Map and quantify technical, financial, and strategic risks which Prima is exposed to;</li><li>Define and implement risk reporting towards executives and the Board of Directors;</li></ul>Responsibilities may develop to reflect both level of experience and the evolving strategy of the business.Requirements<ul><li>2+ years experience in similar positions, preferably with experience in insurance companies or in top-tier consulting companies;</li><li>Strong quantitative academic background, ideally with actuarial or risk qualification (such as ONA, CERA or equivalent);</li><li>Positive mind-set, ownership mentality, and a pragmatic "can do” attitude are key as we rapidly grow;</li><li>Content-driven, analytical mindset, with the ability to get deep into the details as well as grasp the bigger picture and the business dynamics quickly;</li><li>Fluency in English;</li><li>Advanced modeling skills;</li><li>Knowledge of non-life actuarial techniques;</li></ul>In addition to the basic requirements, we will carefully evaluate these characteristics:<ul><li>Passion in simplifying processes, with plenty of ideas for introducing simple monitoring dashboards;</li><li>Coding working knowledge;</li><li>A genuine interest in learning more about the insurtech world;</li></ul>Research shows that some people are less likely to apply to jobs unless they meet every single criteria. At Prima we are committed to building diverse teams so please apply even if your past experience doesn't align perfectly with the requirements. You might still be a great fit!BenefitsWe will give you all you need to express your talent and work at your best:<ul><li>Informal workplace;</li><li>Latest generation devices and tools;</li><li>Welfare and company benefits;</li><li>Team building events;</li></ul>We will evaluate salary and contract terms during the interview, in order to ensure you an offer adequate to your experience and to your competence.Prima is an equal opportunity employer that is committed to inclusion in the workplace. The company prohibits discrimination of any kind based on race, colour, sex, religion, sexual orientation, nationality, disability, genetic information, pregnancy, or any other protected characteristic as outlined by national laws.

About the Role:As Commercial and industrial P&amp;C Pricing Actuary you will be involved in reviews of the models and rates used by our underwriters to write industrial property and casualty business. In this role you will give actuarial advice to our fac underwriters worldwide on more complex and large risks or portfolios. Your main tasks are:<ul><li>Be part of one of the teams working out costing models and parameters, like rates, trend factors, frequency/severity models or equivalent</li><li>Monitor accuracy of rating models on a portfolio level and prioritize required updates</li><li>Give actuarial and structuring advise for complicated facultative deals to underwriters worldwide</li><li>Bring parameter and model updates into the productive underwriting systems and do the necessary quality assurance checks.</li></ul>About the Team:The actuarial services P&amp;C team is part of the P&amp;C center. We are responsible for three areas:<ul><li>We are the go-to team for actuarial advice and perform the risk assessment for complicated single risk deals worldwide or sensitive lines of business such as Medical Malpractice or sharing economy</li><li>We make sure the underwriters have good models to price their business. We lead rate reviews for property and casualty business on industry level and check rate reviews performed by other units</li><li>We lead from content perspective the development of the methods and tools used to price the single risk property and casualty business</li><li>As a global team with team-members across Europe, Asia and North America all our communication, meetings and emails are exclusively in English.</li></ul>About You:<ul><li>Do you have 3-6 years experience in insurance or reinsurance in a quantitative role?</li><li>Being a qualified actuary or planning to get qualified is a good plus</li><li>Proficient English is required, other languages are considered a plus</li><li>Used or at least open to work in an agile scrum setup</li><li>Able to translate the thoughts and ideas of non-actuarial experts such as risk engineers, product underwriters or wording specialists into models</li><li>Able to explain actuarial technics in simple words and train costing methods and tools to underwriters</li><li>Ease in expressing your actuarial ideas in languages such as R, Python, Power BI etc.</li><li>Strong teammate in a diverse team spread across geographies</li></ul>We are looking forward to your application!About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work.

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