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Life and Health Actuarial Analyst

Job Level:  Entry Level

Bucharest, Bucuresti, RO, ROU: 02033

Available until:  01/06/2023
Area of Expertise:  Actuarial
Unit:  Allianz Services
Employing Entity:  Allianz Technology SE Romania Branch
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  21588


Job Purpose/Role


The Actuarial Service 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.




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




  • Bachelor’s degree in Finance or Actuarial Sciences
  •  experience in insurance/ finance area with focus on financial analysis/ controlling is a plus
  • C++, SQL, SAS, Python and VBA are a plus
  • 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




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


  • Fixed salary compensation along with fixed benefits.
  • Flexible benefits that can be individually customized, so that they best suit your needs.


Fixed Benefits - We place people at the core of what we do, this is why we are committed to your personal wellbeing and professional growth.


  • Additional vacation days (work tenure, Allianz tenure, special events, Paid day for child medical check-up)
  • Rewards and Recognition Program (Team Excellence Award, Anniversary Awards, Above & Beyond Awards, Thank you for your contribution!)
  • 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!
  • Employee Referral Program
  • Exclusive Deals & Discounts
  • Share Purchase Plan
  • Allowances for special events (Birth Allowance, Losing a Family Member)
  • Parking lot (limited parking spaces, reservation system)
  • Open cafeteria on each floor (coffee, tea, water, fruits)
  • Relaxation areas (on each floor) & Gaming area
  • Flexible working program


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


  • Medical services  
  • Private pension
  • Internal Tourism
  • Smart Experiences
  • Meal Tickets  
  • Transportation vouchers
  • Cultural events  
  • Telemunca
  • Gifts and giveaways
  • Donations


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.