(Senior) Actuarial Analyst at Allianz Global Corporate & Specialty SE

Munich, Bavaria, Germany -

Full Time

Start Date

Immediate

Expiry Date

24 Jan, 26

Salary

0.0

Posted On

26 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Actuarial Analysis, Data Analysis, Quantitative Financial Skills, Risk Modeling, Collaboration, Communication, Problem-Solving, Attention to Detail, Intercultural Skills, Intellectual Curiosity, R Programming, Python Programming, Artificial Intelligence, Actuarial Reserving, Pricing, MS Office

Industry

Financial Services

Description

We are looking for a (Senior) Actuarial Analyst, based in Munich. Your Team The short tail reserving team is responsible for ensuring adequate level of loss provisions for the relevant lines of business. We perform an in-depth analysis across different markets and regions. Our insights inform decision-making throughout the organization, including strategic business direction. The Impact You Will Have Reporting to the Head of Short Tail Lines Reserving, you will be responsible for the actuarial analysis as well as managing tasks and projects independently. This will include preparation of input data, update of actuarial models, and documentation of assumptions, methods, and results. Moreover, you will be directly involved and steering discussions with key stakeholders (i.e. Claims, UW, Pricing, etc.) and be responsible for maintaining a strong link to related functions within CFO Actuarial teams and Group Actuarial Planning and Controlling (GAPC). Some of your specific responsibilities could include: Support the team leader in steering actuarial results for assigned Lines of Business with a forward-looking view to ensure transparency on quarterly and annual P&L impacts and trends Collaborate with team members, independent consultants, auditors and holding company actuaries in a timely and accurate manner Execute comprehensive actuarial analysis to understand profitability trends and update loss provisions using Allianz Commercial tools including GRID, Foundry, ADP, and Core Ontology Prepare and present actuarial reports with sufficient peer review, delivering clear, concise results while confidently defending actuarial viewpoints Promote close collaboration with various business areas to foster mutual understanding of business impacts on actuarial drivers, becoming the key contact person for selected lines of business Take a proactive and curious approach by exploring innovative ways of working and sharing ideas that drive improvement and innovation What You’ll Bring to the Role University degree in a quantitative discipline required Progress towards recognized actuarial qualification from a leading actuarial organization Sound experience in actuarial reserving or pricing Finance and Insurance know-how (ideally P&C) Excellent quantitative financial and risk modeling skills (i.e. data analysis) Advanced computer skills, particularly MS Office and ResQ Skills in R programming and/or Python programming would be very beneficial A basic understanding of artificial intelligence (AI) and its potential applications in business is essential. Excellent analytical and problem-solving skills, with attention to detail Excellent intercultural skills with an ability to work in an international and remote working environment Intellectual curiosity in order to keep abreast of leading market practice and drive innovation Fluent English skills required 84134 | Actuarial | Professional | Non-Executive | Allianz Commercial | Full-Time | Permanent

Responsibilities

You will be responsible for the actuarial analysis and managing tasks and projects independently. This includes preparation of input data, updating actuarial models, and documentation of assumptions, methods, and results.