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Junior Non Life Reserving Actuary

Job Level:  Entry Level
Location: 

TRIESTE, IT, 34123

Available until:  10/31/2022
Area of Expertise:  Actuarial
Unit:  Allianz Italy
Employing Entity: 
Job Type:  Full-Time
Remote Job:  Not applicable
Employment Type:  Permanent
ID:  6795

JOB PURPOSE/ROLE

The candidate would be part of the Non Life Actuarial Department in the Finance Area.

The candidate, through actuarial and quantitative competencies, will be involved in calculating the reserves according to the different accounting principles and in supporting the business in the profitability analysis.

 

The Non Life Actuarial Department covers the following areas of
responsibility for all the Italian Non Life Companies of the Group:

 

  • Data exploration and trend analysis of profitability development
  • Actuarial modeling of claims and premium reserve in accordance with Local Gaap, IFRS 4,  Solvency II (Market Value Balance Sheet) and IFRS 17 principles
  • Develop and update of actuarial models and processes for reserve calculation
  • Actuarial analysis of both gross and ceded reserves
  • Support and actuarial analysis in planning future claims developments

 

The offered job requires ongoing updates on both Actuarial skill and regulatory developments regarding IFRS 17 and Solvency II.

 

KEY REQUIREMENTS/SKILLS/EXPERIENCE

 

  • Master's degree in Actuarial Sciences or eventually DA, Statistics, Mathematics or similar
  • A previous Non Life Actuarial experience (1-4 years) in an Insurance Company or in a consulting firm will be considered a plus
  • Excellent communication skills and teamworking ability
  • Curiosity and enthusiasm
  • Analytical and problem-solving skills
  • Result driven team player
  • Strong ability to work under pressure and sharply meet deadlines
  • Familiarity in working with actuarial/ statistic software, programming languages and database query
  • High proficiency in MS Excel and other MS Office applications
  • Excellent Italian and Fluent English (written and spoken)

 

 

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).