Solvency II Actuary

Job Level:  Professional

Dublin, IE, D04Y6Y6

Area of Expertise:  Actuarial
Unit:  Allianz Ireland
Employing Entity:  Allianz plc
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  29305

Allianz plc

Allianz Ireland is a non-life general insurance company and is part of the Allianz Group. The Allianz Group employs approximately 144,000 people in over 70 countries worldwide and offers a comprehensive range of insurance products.


The Opportunity

We are now Recruiting for an Actuary to join our Actuarial Team, based in Dublin 4. Reporting to the Head of Reserving & Capital, you will work alongside of both qualified and trainee actuaries who continue to achieve the highest standard of collaboration, in a hybrid working model.

As part of the expanding Actuarial function, you will have responsibility for:

-          reserving;

-          regulatory reporting;

-          IFRS17;

-          profitability monitoring and planning;

-          data analysis; and

-          capital modelling (using the company’s Solvency II Internal Model).


As an Actuary in this multi-disciplinary team you will gain exposure to all elements of the actuarial function, working closely with colleagues in finance, claims, pricing and underwriting both at home and abroad.


Role Responsibilities

  • Manage and prepare the Actuarial elements of Solvency II returns encompassing Group reporting and QRTs/NSTs
  • Contribute to actuarial/Solvency II elements of business planning & steering and the company’s ORSA process e.g. through scenario analysis
  • Anticipate and communicate potential changes in quarter-on-quarter results impacting business metrics
  • Build and refresh relevant actuarial models/processes in line with both Allianz Global P&C best practice and regulatory requirements
  • Maintain procedure documentation in line with changes in approaches, emerging best practice and changing regulatory environment
  • Create and sustain strong working relationships with all internal and Allianz SE Group stakeholders
  • Participate in international group projects, where applicable


Key Requirements


  • Nearly/ newly Qualified Actuary
  • 3-5 years’ experience in an Actuarial Role
  • Working knowledge of Solvency II



  • Previous experience in a non-life (re)insurer
  • Working knowledge of IFRS17
  • Extensive knowledge of the Irish non-life insurance market
  • Demonstrated experience in communicating with (non-)technical colleagues


29305 | Actuarial | Professional | Non-Executive | Allianz Ireland | Full-Time | Permanent



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. 
We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.
Great to have you on board. Let's care for tomorrow.