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Senior Product Manager Individual Life

Job Level:  Professional

Brussels, BE, 1000

Available until:  30/06/2023
Area of Expertise:  Actuarial
Unit:  Allianz BeNeLux
Employing Entity:  Allianz Benelux
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  19309

To reinforce our Individual Life team in Belgium, Allianz is currently looking for an experienced Product Manager. You have proven experience in Investment, Pension and Protection products? You’re fluent in English with knowledge of French or Dutch? You’re looking for a transversal role and further support the growth of Allianz? We’re looking for you!


Curious to know what colleagues think of their Product manager role?


As a product manager at Allianz, I have the opportunity to join the complete lifecycle of a product. I, as an actuary, have the chance to work with different technical teams as Finance, Risk Management, to build up a new product, and also to work with brokers to better service our clients. I make different analysis based on the databases build up on a regular basis, for internal requirement, such as different committees, or regulatory requirements, such as FSMA, Assuralia, NBB etc. As an international insurance group, I have chance to have different trainings to improve both your technical and soft skills. – Catherine, Product Manager Individual Life


Talent must be rewarded


  • Excellent competitive salary and secondary benefits.
  • An engaging and diverse team of experts spread out over the Benelux 
  • Freedom and Autonomy
  • To determine where & when you work (New way of working) – Output driven
  • To pursue innovative and creative solutions – Solution driven
  • To take risks / make mistakes and learn from them – Growth driven
  • To challenge status quo and drive positive changes – Improvement driven
  • Development & Training opportunities


As a Product Manager Individual Life Belgium, we count on you for the following tasks:


  • Developing new and improve existing Investment, Pension and Protection products;
  • Executing and analyzing profitability studies of existing and new products, incl. recommendations & follow-up;
  • Analyzing and calculating the profit sharing, technical interests and valuation of life retail products (classic, traditional, Unit Linked & protection riders);
  • Provide statistics, execute reporting’s (incl. closing processes), carry out analysis, issue recommendations and perform follow-up on them in close collaboration with our nearshoring capabilities;
  • Programing by using different tools (to be decommissioned: VBA, C++, … and replaced by more modern solutions such as: Python, R, SAS, …);
  • Developing, implementing and following up actions on the Inforce Portfolios (for example, recycling activities, protection riders profitability, …);
  • Implementing and analyzing product development while interacting with the other Life departments including finance, risk management, actuarial, legal and compliance, IT, project management, operations, reinsurance, sales and marketing;


Working as Product Manager Individual Life at Allianz, will give you the opportunity to:


  • Provide training and exchange technical expertise with other departments
  • Ensuring the timely and qualitative preparation of all required data for our legal reporting requirements of our life insurance activity (PRIIPs, SFDR, Terms & Conditions, …)
  • Developing reporting tools that enables continuous monitoring of our death and disability riders. Including ensuring the continuous monitoring of this activity in close collaboration with operations, reinsurance and our technical health teams. This also includes the formulation of recommendations and implementation of remediation actions.
  • Developing and implementing our portfolio inforce activities, eg. Fund mergers/migration, product migration, recycling, all in close collaboration with sales, operations, market management, IT/OM.
  • Developing our future investment and pension & protection offering.


This is you:


Master’s degree in Mathematics, Physics, Civil Engineering or Economics? Check! A degree in Actuarial Sciences is considered a plus. You have proven experience in a similar role? Check! Fluent in one of the two national languages (Dutch or French) and in English? Check! Know how to use MS Office, SAS, Excel, VBA, Delphi and C++, R, Python, …? Check! You are a team player as well as someone with excellent communication skills? Check! You do not fear to be challenged and are able to challenge others? Check! You are innovative and methodological? Check! Double Check!


Have we peaked your interest? Join us and #LetsCareForTomorrow