JOB PURPOSE/ROLE

The candidate will be part of the PC Risk Management dept. in the CRO Area.

KEY RESPONSIBILITIES

• Calculation of Risk Capital for Non Life Underwriting Risks, using Allianz Internal Model, Standard Formula and USP parameters, comparing different models and analyses movements for all the Italian Non-Life Companies of the Group.
• Development & parameterization of the models for Solvency II and internal steering purposes, preparing assumption documentation and managing the related governance including exchange with intra company expert teams and the Allianz SE Group.
• Design and calculation of Stress tests and sensitivities.
• Actively support the business processes and translation of risk capital results in business steering: product approvals and UW decisions, reinsurance optimization, monitoring KPIs (e.g. cat accumulation, …)..
• Interaction with business, actuarial departments, actuarial function, accounting departments and reinsurance; contribute to their relevant sector meetings.
• Contribute in the internal and external reporting: ORSA, RSR, SFCR; reporting to Allianz SE Group, IVASS and the Supervisory Board.
• Interaction with Regulators, Top management and BoD
• Support activities for strategic questions like M&A, dividend payments…

KEY REQUIREMENTS/SKILLS/EXPERIENCE

• More then 5/6 years of experience in Risk Management or Non-Life Actuarial experience in an Insurance Company or in a Consulting firm.
• Master's degree in Actuarial Sciences or eventually DA, Statistics, Mathematics or similar
• Excellent communication skills and teamworking ability in an international environment
• Familiarity in working with actuarial/ statistic software, programming languages and database query
• High proficiency in MS Excel and other MS Office applications
• Sound user knowledge in programming in R or Python or SQL is an advantage
• Advanced problem solving, analytical and communication skills
• Fluent in Italian and English, both written and spoken

36844 | Risk Management | 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)