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Actuarial Specialist L&H

Job Level:  Entry Level

Bucharest, Bucuresti, RO, ROU: 02033

Due Date:  16/02/2022
Area of Expertise:  Actuarial
Unit:  Allianz Services
Job Type:  Full-Time
Remote Job:  Home office due to Covid-19
Employment Type:  Permanent
ID:  3388

Job role


In the Actuarial Specialist role, you will work as a member of the Actuarial Support Center team within Allianz.

The Actuarial Support Center has the largest team of actuaries on the Romanian market, with young, motivated and passionate professionals that turn the unpredictable into predictable.


The Actuarial Support Center has proved its financial expertise in the Allianz world by:


  • Analyzing, optimizing and creating financial models that form the basis of insurance products;
  • Providing thorough analyses of complex data;
  • Performing data analytics for Allianz Group top players.




In this position, you will have a significant role in Actuarial Support Center, being involved in activities of non-life actuarial projects team such as:

  • Perform autonomously Risk and profitability assessment for life and health portfolios;
  • Perform autonomously Value of New Business, Market Consistent Embedded Value , Market Value Balance Sheet , Return on Risk Capital valuations;
  • Perform autonomously Balance sheet and Solvency Risk Capital internal formula model change impact studies; (Assets and liabilities interactions model) ;
  • Complete autonomously requirements around Solvency II pillar I, IFRS 4, IFRS17;
  • Perform autonomously  actuarial processes optimizations and transformation solutions development.




  • Bachelor’s degree in Finance or Actuarial Sciences;
  • Minimum 1 years of experience in insurance/ finance area with focus on financial analysis/ controlling;
  • C++, SQL, SAS, Python and VBA are a plus;
  • Programming experience in actuarial projections tools (MoSes, Prophet) ;
  • Fluent in English; French is a plus;
  • MS Office, including Outlook, Word, Access and PowerPoint skills;
  • Advanced level in Excel;
  • Willing to study towards the UK IFOA certification.




  • Very good attention to details;
  • Good communication skills;
  • Client orientation;
  • Team player;
  • Ability to work in international environment;
  • Ability to work under pressure;
  • Ability/willingness to travel abroad if required.




We place people at the core of what we do, this is why we are committed to your personal and professional growth: 


  • Complete training curricula available (tailored courses);
  • International Certifications (Agile, Lean Six Sigma, Prince, ITIL, IFOA, ACCA, IACCM etc.)
  • Comprehensive Leadership Programs;
  • All you can learn with LinkedIn Learning!
  • German Language Courses for any level;
  • All you can read with Bookster!


We care about the performance of our employees and we know it can only be reached by ensuring you proper work-life balance:


  • Work from Home Option available;
  • Get a free day on your Birthday or come at work and receive Gift Vouchers/Tickets!
  • Go on Vacation and get a Holiday Bonus!
  • WorldClass & 7Card Gym Discounts;
  • Employee Assistance Program - Helpline 24/7;


Come to the Allianz side! We have attractive compensation and incentives:


  • Fixed salary compensation along with rewards & recognition performance-related bonus scheme;
  • Meal and Gift Ticket.



Allianz Services is proud to serve and be part of Allianz Group, one of the world's leading insurers and asset managers. Our strong global footprint, with around 5000 employees located across eight countries and four continents, enables us to unlock the full potential towards driving a superior client experience within Allianz Group.

We are Actuaries, Business Analysts, Finance Experts, Consulting Managers, HR People, Communication Professionals; Operation Engineers and Insurers; we are daughters and sons, mothers and fathers.

Our people are what matter most, rooted in our values, and we strive to continuously evolve, improve, and create a superior client experience while contributing successfully to the transformation of Allianz. Caring actively for the environment, for people, and for our customers is what makes us a great place to work and together we are shaping a better and more caring tomorrow.

Join us. Let`s care for tomorrow.