Allianz Experts

Meet Isaac

Cooperative and determined Associate Actuary at Allianz Life Insurance of North America.

He says: “It is crucial to understand the business as a whole.”

  • What’s your mission at Allianz?

    We use math, statistics and finance knowledge to quantify the financial impact of uncertainty and help minimize the companies' risk. My tasks are, to name but a few, developing new product concepts and features, working with other teams from the product department and rate the management of current products. At the same time, I support the distribution internally and externally with training sessions and answer questions on our products.

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    What’s your career progression?

    I studied actuarial science and moved from Ghana to Illinois in the US to do my master. After graduating, I started in the product development department at Allianz. Then I  worked in the hedging department for a while, before returning to product development. Working on a three years industry wide project about making changes to reserving and capital framework of variable annuities was probably one of the most memorable experiences I've made.

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    What's surprising about your job?

    There have been several misapprehensions about my job – but when I tell people I work at an insurance company and determine the premium for their life or car insurance they understand what I do. We work with almost every department of the company – legal, operations, risk, investment, hedging, etc.

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    What’s your main career advice ? What inspires you?

    Cultivate the habit of reading very often. If you want to pursue a career in my field, you should like technical work and develop good communication and presentation skills. Helping others and overcoming challenges inspires me. I love to work with people who are smart and open to changes!