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Senior Actuarial Analyst

Job Level:  Professional

Chicago, IL, US, 60606

Due Date:  As soon as possible
Area of Expertise:  Actuarial
Unit:  Allianz Global Corporate & Specialty
Job Type:  Full-Time
Remote Job:  Home office due to Covid-19
Employment Type:  Permanent
ID:  8286

Who we are:

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. Join us. Let’s care for tomorrow.


What you do:

The Senior Actuarial Analyst is responsible for the preparation of actuarial analyses in your area of responsibility and supporting global and local projects, and the work of other team members.  You will engage in discussions with the business, maintaining relationships with the other Actuarial departments as well as to Group functions.  You will provide project support with documentation and testing of project deliverables.


In this role you will…

  • Keep abreast of market trends and practices.
  • Promote close collaboration and interaction with the various business areas (Underwriting, Claims, Finance, etc.) to foster mutual understanding of how business developments impact actuarial drivers in the financials.
  • Prepare and perform Actuarial analysis for assigned business area including documentation, communication and explanation of results.
  • Provide project documentation and testing support.
  • Develop actuarial approaches and processes as well as enhance actuarial models and analyses.
  • Peer review work from other team members.


To be successful in the role:

You will have…

  • Bachelor’s Degree (or Master’s Degree), preferable in Mathematics. Statistics or other appropriate discipline or qualified by experience in related discipline;
  • Progress towards recognized professional qualification (first Actuarial exams passed);
  • Actuarial experience from P&C or Specialty lines, bonus from multiple actuarial areas or lines of business;
  • Experience in communication of results to stakeholders;
  • Experience contributing to development/enhancement and implementation of models/analysis and processes;
  • Excellent computer skills (MS Office, including VBA and relevant expert systems such as Matlab, R, SQL or Java, etc.);
  • Ability to identify patterns and root causes in complex (e.g., ambiguous, from various sources) data and processes to rapidly distill key issues and provide insight in various situations; and
  • Ability to persuade and motivate others without direct authority.

What we offer

  • Hybrid work schedule
  • Development programs for your career enhancement
  • Help to prepare and plan for your future and retirement with competitive pension plans and employee share purchase plan
  • A truly global and diverse team, and international career opportunities
  • We offer an inclusive environment where everyone can be successful
  • Caring about the community and the causes you believe in (donation matching, team volunteering)
  • Actuarial study program



Allianz Global Corporate & Specialty (AGCS) is a leading global corporate insurance carrier and a key business unit of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business.


Our customers are as diverse as business can be, ranging from Fortune Global 500 companies to small businesses, and private individuals.  Worldwide, AGCS operates with its own teams in 31 countries and through the Allianz Group network and partners in over 200 countries and territories, employing over 4,400 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2020, AGCS generated a total of €9.3 billion gross premium globally.


In 2020, AGCS announced a new strategy and transformation program called New AGCS which aims to comprehensively transform the company, creating a mutually beneficial relationship with stakeholders.


This  is  an  exciting  time  to  join  AGCS  as  we  continue  on  our  journey  of  transformation, regaining market leadership  and  achieving  success  together.  You can grow your career through meaningful work supporting our customers, while learning from expert colleagues.


Allianz is an equal opportunity employer and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation. Diversity of minds is an integral part of Allianz’ company culture.


Let’s care for tomorrow.

Nearest Major Market: Chicago