Actuaries build the backbone of our business. They calculate costs and determine technical prices and help design our products. As strategic thinkers with a deep understanding of financial systems, our investment actuary and actuarial analysts play a key role for the stability and future development of Allianz, and have a direct impact on business decisions.

They work as business partners and consultants with our product managers and underwriters by providing technical expertise to ensure our products are best-serving our customers while enabling Allianz to be more profitable and more competitive.

The responsibilities of our actuaries are manifold:
Meet a wide range of challenges in our insurance sectors life & health and property & casualty: pricing, reserving, risk management, loss analysis, risk modeling, controlling, and product development

• Develop and apply models and tools to gain insights into the implications and containment of financial risks.
• Directly influence the business strategy by calculating the risk capital and the possible fluctuations of the reserves.
• Innovate the actuarial business by exploring and applying data science, machine learning, and AI.
• Be directly involved in turning ideas into new products: Your tasks range from development, risk assessment, and technical coordination of the product development process to pricing.
• Proactively monitor new trends and products from competitors. Analyzing and steering the external ratings of products and corporations are also part of your responsibilities.

As a global player, Allianz follows the highest international actuarial standards. Our actuaries have access to the latest data, our financial management systems as well as our group-wide analysis and valuation methodologies. Depending on the position, you will work with leading data modelling software like Willis Towers Watson. Data science, machine learning, and AI are playing an increasing and transformational role in the daily business of our actuaries.

The continuous knowledge exchange with experts from different departments like Risk, Planning & Controlling and Accounting, as well as with actuaries in other Allianz entities around the world fosters an environment of personal growth and progress. Responsibilities are manifold and the latest data, solution approaches, economic forecasts and legal frameworks are at your fingertips.

We offer a variety of career opportunities in actuarial services for all entry levels:

• Students: Studies in the field of Actuarial Science, Mathematics, Economics, Finance and Statistics are the ideal prerequisites for joining Allianz in actuarial services at student level. Depending on the entity and country you have different options to start your actuarial career. Combine your ongoing studies with practical experience and join us as working student or for an actuarial internship.
• Graduates: Are you motivated to explore the global set-up of Allianz and to work closely with experts from various fields? With an academic background in Actuarial Science, Mathematics, Economics, Finance, Statistics or similar you can directly join one of our actuarial teams or apply for one of our graduate programs. Find more information and open entry-level positions in our global job search.
• Professionals: We are looking for experienced actuaries who have stayed up-to-date with the latest developments in the market. Use your expert understanding and knowledge of market consistent principles and stochastic modeling skills to contribute to our business. 

Explore open actuarial job opportunities for students, graduates, and professionals in our Global Job Market and find your next challenge at Allianz.