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Life Actuary at Allianz Global Corporate & Specialty SE

Milan, Lombardy, Italy -

Full Time

Start Date

Immediate

Expiry Date

16 Jan, 26

Salary

0.0

Posted On

18 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Actuarial Sciences, Mathematics, Economics, Profit Testing, Risk Measures, IFRS 17, IFRS 9, Actuarial Assumptions, Reporting, Team Spirit, Self-Motivation, Programming Skills, MS Excel, Data Bases, Fluency in Italian, Fluency in English

Industry

Financial Services

Description

The "Pianificazione Tecnica e Valutazione Nuova Produzione" department of the Actuarial department of Allianz Italy is looking for a Life Actuary . The "Pianificazione Tecnica e Valutazione Nuova Produzione" department covers the following areas of responsibility: Calculation and valuation of NBM/NBV in accordance with IFRS 17. Analysis of movements and sensitivities Profit Testing for new products: control and support for Life Department Calculation of risk measures connected to NB Support for business Plan valuation: calculation and analysis of IFRS 9/IFRS 17/statutory technical items and development of the technical income statement for the valuation of operating profit over the plan horizon (4 years) Determination of actuarial assumptions (Lapse and mortality) Reporting activities: Allianz SE Group reporting, support for the actuarial function KEY REQUIREMENTS/SKILLS/EXPERIENCE Master’s degree in Actuarial Sciences, Mathematics, Economics (with a strong quantitative specialization) or equivalent background Experience (2/3 years) in Life or Consultancy actuarial departments Knowledge actuarial software or equivalent (e.g RAFM / PROPHET) High technical knowledge connected with programming skills High knowledge of MS Excel and other MS Office applications as well as familiarity in working with data bases Team spirit, self-motivation and a proactive and committed working style Ability to work under pressure and meet tight deadlines Team player Fluency in Italian and English, written and spoken

Responsibilities

The Life Actuary will be responsible for the calculation and valuation of NBM/NBV in accordance with IFRS 17, as well as profit testing for new products. Additional responsibilities include supporting business plan valuation and determining actuarial assumptions.