Principal Actuarial Analyst - Anywhere is USA

Allianz SE Reinsurance

Allianz Reinsurance America professionally manages the US legacy insurance portfolios for Allianz Group and Group-external clients. The Group’s legacy liabilities total several billion dollars covering asbestos, pollution, workers’ compensation, general liability / excess and construction defect exposures. It is our task to manage these complex long-tailed exposures and generate the best outcome possible. We are part of a global team with exceptional claims and technical expertise and we work in an active and entrepreneurial fashion. ~crlf~~crlf~Positioning of Role~crlf~This role is located in our Corporate Actuarial Team, which reports into the CFO of the Company. We seek to strengthen the staffing of the team given the diversity of ongoing activities required in this field and adapting to the upcoming challenges (see key responsibilities).

• Reserve risk, portfolio and claims analyses for long-tail / run-off portfolios and other types of P&C business~crlf~• Assist in quarterly and year-end closing process (IFRS, Solvency II and US Statutory)~crlf~• Develop processes and valuation models for the upcoming IFRS 17~crlf~• Support for reserve and premium components of risk capital modeling~crlf~• Support commutation and new portfolio pricing reviews~crlf~• Develop, review, interpret and / or summarize financial results / projections~crlf~• Interaction with Allianz Group Centers~crlf~• Support communication with internal stakeholders (e.g. senior management, Reserve Committee, etc.)~crlf~• Support communication with external stakeholders (e.g. auditors, local regulator, etc.)~crlf~• Lead special projects as assigned~crlf~~crlf~

• Actuarial qualification – ACAS preferred ~crlf~• 5+ years of P&C actuarial reserving experience~crlf~• Ability to access data from company systems and organize / analyze large volumes of data~crlf~• Strong Excel and Access skills, SAS and ResQ experience an advantage~crlf~• Knowledge of IFRS, Solvency II and US Statutory accounting principles and reporting requirements ~crlf~• Ability to communicate effectively and work under pressure to meet deadlines~crlf~• Ability to work within a global multi-cultural team environment~crlf~• Ability to evaluate, summarize and present results of analyses~crlf~~crlf~

At Allianz, we foster a workplace where every person feels welcome, connected, and valued.

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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We build on work time models that give our employees flexibility in planning and arranging their work and leisure time. 
You are encouraged to expand your skills and create a career across functions, countries and Allianz entities.
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Join a truly global company and explore our international environment.
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Your results will be recognized with attractive rewards.
7 steps of the application process at Allianz.

Understanding risk - creating value.