Junior Actuarial Analyst (m/f/d) in CFO Actuarial

Allianz Global Corporate & Specialty

At AGCS our Actuarial department has an in-depth understanding of the business. We work in close collaboration with other departments to protect AGCS’s financial strength and drive profitability.~crlf~ ~crlf~Reporting directly to the Senior Actuarial Manager-Risk Modelling, based in Munich, you will be working as an Actuarial Analyst in the CFO Actuarial department. Your primary responsibility in this role is the development, maintenance and documentation of actuarial risk models in collaboration with colleagues within the Actuarial Risk Modelling team and the wider Actuarial department, including strong interaction with other functions across the whole company. The tasks include the processing of input data, preparation and updating of actuarial models and the documentation of assumptions, methodology and results. The communication of assumptions and results to internal and external stakeholders is a key aspect of the internal risk capital model activities under the Solvency II framework. Within this role, you are expected to establish strong working relationships with internal and external stakeholders, to ensure a continuous appropriateness of the model and an effective use of the results for management and business steering purposes.

In this role you will…~crlf~##Promote close collaboration and interaction with the various business areas (Group, Underwriting, Market Management, other Finance departments, etc.) to foster mutual understanding how business developments impact actuarial drivers in the financials~crlf~##Create and run risk models including documentation, explanation and communication of results~crlf~##Be involved in various risk modeling and SII related projects (e.g. model validation, TP model governance, IFRS17 implementation, Business steering, Capital Optimization, etc.)~crlf~##Develop global actuarial approaches and processes as well as enhance actuarial models and analyses~crlf~##Peer review work from other team members~crlf~

##Excellent Tertiary qualification (ideally Master), preferably in Mathematics or Statistics~crlf~##Steps taken towards professional actuarial qualification (e.g. Actuarial exams passed) is a plus~crlf~##Extensive computer skills (MS Office incl. VBA and relevant expert systems such as R, SQL or Python, etc.)~crlf~##Finance and Insurance know-how (ideally P&C) with regards to market dynamics, standard concepts and approaches: regulation, risk modeling, reinsurance and underwriting knowledge, reserving techniques, etc. is of advantage~crlf~##Strong background in stochastic and quantitative financial and risk modeling~crlf~##Ability to identify patterns and root causes in complex (e.g. ambiguous, from various sources) data and processes to rapidly distill key issues and provide insight in various situations~crlf~##Ability to understand, elaborate and convey information clearly and effectively in respect to the audience (both verbal and in writing)The ability to positively influence others' actions, decisions, opinions or thinking resulting in positive outcomes. Ability to persuade and motivate others without direct authority~crlf~##Fluent in English, German language skills of advantage~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 Global Corporate & Specialty (AGCS) is a leading global corporate insurance carrier and a key business unit of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business.~crlf~Our customers are as diverse as business can be, ranging from Fortune Global 500 companies to small businesses, and private individuals. Among them are not only the world’s largest consumer brands, tech companies and the global aviation and shipping industry, but also wineries, satellite operators or Hollywood film productions. They all look to AGCS for smart answers to their largest and most complex risks in a dynamic, multinational business environment and trust us to deliver an outstanding claims experience.

Worldwide, AGCS operates with its own teams in 32 countries and through the Allianz Group network and partners in over 200 countries and territories, employing over 4,300 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2019, AGCS generated a total of €9.1 billion gross premium globally.~crlf~For more information, visit www.agcs.allianz.com or follow us on Twitter @AGCS_Insurance and LinkedIn.~crlf~~crlf~


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