Regional Chief Actuary, P&C, Asia Pacific

Allianz Asia Pacific

With Oversight of reserving assists and tracks regional Operating Entities in implementing processes and practices that meet Group actuarial standards. Provides guidance and assistance to actuarial teams in the OEs and able to train junior actuaries. Analyses Group information. Develops pricing and reserving expertise within the region. Strong understanding of both reserving and pricing would be ideal. Participates in broader business activities, with the P&C Department, such as M&A activities, participating in RoRC and partnering with senior management.

Reserve Monitoring~crlf~- Chairs Regional Reserving Committee and responsible for reserve oversight. Reviews summaries of key reserving KPIs for regional companies such as assumed LRs, reserve ratios, IBNR/Case etc so as to understand current reserving position. Attends OEs’ reserve committees~crlf~~crlf~- Reviews actuarial reserving reports. Follows business conditions, case estimation activity and local analyses so as to have an informed view as to the sufficiency of reserves.~crlf~~crlf~Regional actuarial community~crlf~- Provides guidance and assistance to actuaries in P&C OEs and fosters a regional actuarial community.~crlf~~crlf~Technical Excellence~crlf~- Member of Technical Committee, reviewing underwriting performance of OEs; analysing, reviewing and approving new product proposals, reinsurance programmes~crlf~~crlf~Advising on reinsurance structures and participation in negotiation of reinsurance costs~crlf~~crlf~Compliance with standards~crlf~- Tracks the implementation of new actuarial standards and the compliance of OEs with local and AZ standards.~crlf~~crlf~Finance~crlf~~crlf~- Acts as a true business partner to the Regional Exco and local CEOs.~crlf~~crlf~~crlf~- With the Corporate Development Team, assists in analysing and valuing P&C M&A deals and Distribution deals. Review reserving levels and business plan assumptions of Mergers & Acquisition targets as part of acquisition activities in the region.~crlf~~crlf~- Identifies and assists in developing actuarial talent with HR to strengthen the actuarial functions across the region.~crlf~~crlf~- Provide assistant and support for planning processes where required.~crlf~~crlf~

Variety of actuarial experience in P&C insurance, ideally in both reserving and pricing. Experience in areas such as consulting and reinsurance would be of value.~crlf~~crlf~Minimum 6 years of experience in reserving, and 3 years of experience in pricing.~crlf~~crlf~Experience in presenting results in a persuasive format.~crlf~~crlf~Degree in actuarial, statistics, mathematics, or related field.~crlf~~crlf~Full actuary qualifications (FCAS, FIA, FIAA or equivalent).~crlf~~crlf~

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. Join us. Let’s care for tomorrow.~crlf~~crlf~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.

Allianz Insurance Management Asia Pacific Pte Ltd seeks a talented and highly-motivated individual to join our organization as:

Submit your application at: http://www.allianz.com/careers~crlf~~crlf~


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Also known as Allianz Asia Pacific, we are the regional head office overseeing the Life and Health and General Insurance entities in Asia.