What you do

As Actuary (m/f/d) Reinsurance & Catastrophe Management Travel you are responsible for the scope of Reinsurance and Catastrophe Management. This diverse range of topics is handled by a dedicated team, involving collaboration with a wide range of other functions. Initial focus will be on the Travel line of business. The topics will range from administrative/process to technical analysis to negotiation/coordination/presentation.

• Development and implementation of state of the art reinsurance framework for our global Travel portfolio in order to protect and optimise our P&L and facilitate business growth. 
• Create and execute opportunities to automate.
• Contribute to the design and structuring of more innovative business deals that utilise reinsurance features, such as fronting, captives, stop loss, risk sharing, special cessions.
• Efficient and timely execution of deals.
• Support, enhance and challenge, from the data delivery phase to the reinsurance design and execution end. 
• Management of financial/solvency optimisation initiatives, including technical input, coordination and project management.
• Analysis, design and execution of new approaches to enhance maturity of cat management, including modelling, monitoring/appetites and pricing.
• Pro-active input on reinsurance perspective for projects deemed relevant
• Assessment of targets for Reinsurance purposes, including Due Diligence reporting (i.e. tax, legal, regulatory compliance, etc.)
• Contributions on both Travel LoB side and generally for the Reinsurance function
• Work with pricing, data analytics, governance, data and business/sales functions to enhance maturity and support business.
• Audits/reviews, manage reviews and close all findings in a timely manner
   

What you bring

• Minimum Bachelor’s degree, ideally Master’s. Preferably in Business/Finance, Mathematics/Statistics or Engineering
• Ideally an actuarial qualification
• Detailed understanding and knowledge of best practices and trends in reinsurance
• Significant experience in the (re)insurance
• Quantitative technical analysis skills required
• Experience managing multiple cross-functional senior stakeholders
• Multi-country, multi-cultural reinsurance exposure preferred
• Strong IT user skills, very good user knowledge of Microsoft (Excel, Word, PowerPoint)
• Fluency in English

What we offer

Our employees play an integral part in our success as a business. We appreciate that each of our employees are unique and have unique needs, ambitions and we enjoy being a part of their journey.
We are there to empower and encourage you with your personal and professional development ensuring  that you take control by offering a large variety of courses and targeted development programs. All that in a global environment where international mobility and career progression are encouraged. Caring for your health and wellbeing is key priority for us. This is why we build Work Well programs to providing you with peace of mind and give the flexibility in planning and arranging for a better work-life balance.

33907 | Actuarial | Professional | Non-Executive | Allianz Partners | 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.
Note: Diversity of minds is an integral part of Allianz’ company culture. One means to achieve diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company encourages its employees to have motivation in gaining varied skills from different positions and to collect experiences from across Allianz Group.