Head of Technical Reserving P&C (m/f/d) at Allianz SE Reinsurance

Allianz SE Reinsurance

Head of Technical Reserving P&C is reporting to the Head of Corporate Actuarial Allianz Re and is a seasoned professional who owns and leads: ~crlf~##the development of a team across locations (Munich, Dublin)~crlf~##the development and maintenance of reserving processes for the P&C book of Allianz Re according to current and future reporting models (e.g. MVBS/IFRS 4/IFRS 17/Singapore GAAP)~crlf~##the estimation and monitoring of the company’s non-life reserves~crlf~##monitoring and validation of reserves advised by certain cedents under net quota shares~crlf~##the QRT reporting for the company’s actuarial QRTs in coordination with the P&C teams within Corporate Actuarial Allianz Re~crlf~ ~crlf~Future challenges: ~crlf~##Ensure financial position of P&C is well understood and reported appropriately, especially w.r.t the future accounting standard IFRS 17~crlf~##Set up and streamline reporting processes to all stakeholders (internal/external)~crlf~##Support strategic P&C initiatives within the mandate (e.g. through adapting reserving processes for complex transactions, if material)~crlf~##Maintain and further develop actuarial models

##Oversee, streamline and execute the financial reporting process for both internal and statutory purposes (IFRS 4/17 reserves, Singapore GAAP, MVBS)~crlf~##Quality assurance of the reported figures, both on the balance sheet / P&L and in supplemental reporting (esp. QRTs)~crlf~##Provide services to non-US locations/subsidiaries w.r.t. the local reserving~crlf~##Contribute to the annual review of key assumptions~crlf~##Identify and confirm market trends for P&C~crlf~##Participate/Present in Reserve Committee Meetings within the management responsibility of Allianz Re~crlf~##Calibrate the Risk Capital inputs for Reserve Risk~crlf~##Exercise oversight over business not in the management responsibility of Allianz Re but written on the balance sheet of Allianz SE Re and Allianz Re Dublin dac~crlf~

Required experience: ~crlf~##Experience in P&C (re)insurance (> 7 years)~crlf~##Significant experience in reserving; ideally additional experience in risk capital modeling and reinsurance ~crlf~##Experience in managing international teams and working in an international environment~crlf~##Managing regulatory requirements and external auditors~crlf~ ~crlf~Required education:~crlf~##University Degree~crlf~##Qualified Actuary (e.g. FSA, FIA, DAV, etc.)~crlf~ ~crlf~Technical skills: ~crlf~##Robust P&C Actuarial know-how~crlf~##Robust P&C Financial know-how~crlf~##Deep understanding of P&C (re-)insurance product portfolio~crlf~##Advanced knowledge of financial accounting and reporting standards, in particular Solvency 2, IFRS4, and ideally IFRS17~crlf~##Robust knowledge of principles and practices of other relevant functional areas including Risk, Claims, Underwriting, Reinsurance and Accounting (particularly local and international accounting rules as applied to reserving)~crlf~##Ability to understand the business needs and to develop the necessary tools and models to support the business (e.g. risk capital, etc.)~crlf~ ~crlf~General skills: ~crlf~##Ability to deliver results in a complex and high-speed environment~crlf~##Excellent analytical and conceptual skills combined with strong communication skills and the ability to convey complicated messages easily~crlf~##Highly motivated, open minded and forward-thinking~crlf~##Provide leadership within the “People Attributes”-framework of the Allianz Group~crlf~##Excellent command of English, German is a plus~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 Re is the Group’s reinsurance vehicle which actively manages risk and capital. Our range of activities include reinsurance, capital management, run-off, cat risk management, risk data analytics and new business developments such as MidCorp. This strong combination of skills, experience, innovative mindset and capacity drives our mission of understanding risk and creating value.

Please submit your complete application documents (incl. CV, certificates, references and motivation letter).~crlf~~crlf~We are looking forward to receiving your application via the “Apply”- button.~crlf~~crlf~Allianz SE Reinsurance is committed to employment equity and therefore welcomes all applications regardless of gender, race or ethnicity, age, nationality, religion, disability, sexual orientation or philosophy of life.~crlf~~crlf~

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