Senior Actuary (m/f/d), Zürich

Allianz Global Corporate & Specialty

Allianz Risk Transfer Group is the center of competence for alternative risk transfer business within the Allianz Group. Allianz Risk Transfer AG is headquartered in Liechtenstein since 2016 and was founded in June 1997 in Zürich. It is a wholly-owned subsidiary of Allianz Global Corporate & Specialty AG and a member of the Allianz Group. Allianz Risk Transfer AG operates through its headquarter and subsidiary companies located in Zürich, New York, Bermuda and London.

Actuarial Reserving:~crlf~##Reserving analysis of P&C structured (re)insurance transactions, internal reinsurance solutions and of corporate business line – monthly, quarterly and annual~crlf~##Support with streamlining the reserving process for the aforementioned business~crlf~##Support with SII Market Value Balance Sheet technical positions quarterly regulatory reporting~crlf~##Group and Regulatory reserve reporting~crlf~##Develop, maintain and enhance actuarial approaches, tools and processes to align with IFRS17 requirements~crlf~ ~crlf~Actuarial Risk Modeling:~crlf~##Support with Solvency II Standard Formula quarterly regulatory reporting and Bermuda Solvency Standard Formula annual regulatory reporting , including reconciliation analysis, sensitivity tests and plausibility checks~crlf~##Build and maintain stochastic actuarial models for structured (re)insurance transactions that feed into the Reserving and Underwriting Risk modeling process~crlf~##Contribute to model governance and documentation activities~crlf~ ~crlf~Regulatory Reporting:~crlf~##Support with the Actuarial Function Report write-up and related analysis~crlf~##Support in the ORSA process, in particular with respect to scenario analysis~crlf~ ~crlf~Pricing Oversight:~crlf~##Contribute to pricing reviews of structured (re)insurance transactions, large internal reinsurance transactions and corporate business contracts~crlf~

Required Experience:~crlf~##Minimum 6 years of experience as an actuary (preferably reserving, pricing and/or risk capital modeling)~crlf~##Advanced understanding of Solvency II framework~crlf~##Advanced knowledge of the Balance sheet and Profit & Loss structure of a (re)insurance company~crlf~##Basic knowledge of IFRS17~crlf~##Extensive computer skills: MS Office incl. VBA and actuarial modeling software (e.g. ReMetrica, @Risk, Igloo, ResQ, etc.) ~crlf~##Languages: fluent in English, German mother tongue preferred~crlf~ ~crlf~Required Education:~crlf~##Excellent tertiary qualification (ideally Master), preferably in Actuarial Science Mathematics, Statistics or other appropriate discipline or qualified by experience in related discipline~crlf~##Preferably qualified actuary~crlf~ ~crlf~General Skills:~crlf~##Navigating Complexity: Ability to make sense of complex issues; respond to complex/ambiguous situations by identifying & initiating appropriate remediation & follow up. Anticipate and resolve issues before these transpire.~crlf~##Communication and Presentation Skills: Ability to understand, elaborate and convey information clearly and effectively in respect to the audience / level of management (both verbal and in writing).~crlf~##Influencing Others: 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~##Excellent team worker who enjoys being in an international environment.~crlf~ ~crlf~Other:~crlf~##Valid working permit for Switzerland~crlf~ ~crlf~Organizational set-up:~crlf~##Reporting to: Chief Actuary~crlf~##Team: ART Actuarial~crlf~##Division: Chief Financial Officer~crlf~##Location: Zurich and Schaan (Liechtenstein) – supporting ART Group globally. Travelling between Zurich and Schaan (and to Munich on an occasional basis) will be required.~crlf~

Allianz is the home for those who dare – a supportive place where you can take the initiative to grow and to actively strengthen our global leadership position. By truly caring about people – both its 100 million private and corporate customers and more than 147,000 employees – Allianz fosters a culture where its employees are empowered to collaborate, perform, embrace trends and challenge the industry. Our main ambition is to be our customers’ trusted partner, instilling them with the confidence to grow. If you dare, join us at Allianz Group.~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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