Junior Actuarial Functional Analyst

Job Level:  Professional

Milan, IT, 20145

Area of Expertise:  Actuarial
Unit:  Allianz Italy
Employing Entity:  UniCredit Allianz Vita Spa
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  41001
Position Cluster:  Non-Executive



The candidate would be required to provide support to Actuarial Management and IT Coordination Office of Allianz Bancassurance Life Department carrying out the following activities:


  • analysing the characteristics of products and related insurance processes for the Bancassurance Department (UniCredit Allianz Vita company), to identify the aspects that will have to be developed informatically on the systems used by the company
  • interfacing with Information Systems and, based on the analyses carried out, preparing the necessary specifications for IT developments in line with the work plan
  • carry out tests of IT releases relating to new functionalities
  • inserting all the algorithms and rules enabling the correct technical-actuarial management of the portfolio into the company's computer systems
  • supporting in the production of periodic and one-off reports
  • providing technical assistance about the IT systems used by the company
  • preparing notes and operating manuals for users for the correct use of the IT systems used.
  • providing technical support to other units in the Department and banks in handling customer requests (details, transaction recalculations).


The candidate will be working alongside senior resources and will have to prepare functional  analysis of insurance products and processes, and prepare the specifications for IT and carry out the test phase.



  • Master’s degree in mathematics, statistics or actuarial sciences or equivalent required.
  • Work experience in the insurance sector: maximum two years.
  • Fluent Italian and English language, written and spoken.
  • Excellent knowledge of Office 365 is required.
  • Basic knowledge of Microsoft Access for database management is preferred.
  • Basic knowledge of SAS for database inquiry is preferred.

41001 | Actuarial | Professional | Non-Executive | Allianz Italy | 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.
Join us. Let's care for tomorrow.

Both genders may apply in accordance with the L. 903/77 (s.m.i)