Actuarial Specialist

Allianz Services is part of Allianz Group, one of the world's leading insurers and asset managers and has succeeded in becoming one individual business segment by combining various businesses from different parent companies. Allianz Services is running service delivery operations in Romania, India, Mauritius and Morocco as well as is operating Consulting hubs in Germany, USA, Italy, France and Singapore with almost 6000 colleagues globally.

Allianz Services Romania has a key role in the transformation of the Group by improving operations and creating a superior experience for customers, offering actuarial, financial, IT, HR and governance services. Our team counts over 1000 passionate professionals whose main assets are the expertise and top qualifications, combined with multilingual skills, ranging from English, German, French and Italian, to Portuguese, Spanish and Romanian.  

At Allianz Services Romania, we aim to attract best talents and create an inspiring environment for our people to develop, while unceasingly caring for our community and for shaping a better future together!

Job role

In this role, you will work as a member of the team working for AGCS CTO Reinsurance. The Reinsurance team is responsible for the Analytical Support for the Reinsurance Department, including pricing and recommendations to optimize key metrics. Additionally, we support Planning, Accounting, and numerous ad hoc requests.

What you will do

• Gather, clean and analyze historical and modeled losses.

• Understand the interplay between Cat and Non-Cat losses with capital models.

• Estimate the expected benefit for different structures by LoB and communicate the results.

• Support tracking of the current accident year.

• Support the planning and allocation of the reinsurance treaties.

What you bring

• Bachelor’s degree in Mathematics/Economic, Statistics or Actuarial;

• Previous general insurance work experience is not required, although current work experience is an advantage;

• Willing to work in an international environment, previous experience of working with colleagues located in different countries is an advantage;

• Willing to get involved in wider team projects, project experience is an advantage;

• Willing to study towards the UK actuarial exams. More details can be found here: https://www.actuaries.org.uk/become-actuary

You have

• Ability to build strong working relationships;

• Good understanding of insurance products;

• Data analysis skills;

• Strong computer skills, particularly Python, Excel, VBA and SQL;

• Experience with actuarial tools, programming and/ or actuarial modelling;

• Fluent in English with excellent communication and presentation skills.

• Previous actuarial / risk management experience minimum 2 years;