Senior Actuary (Reinsurance) | Fully Onsite at Allianz Global Corporate & Specialty SE

Saint Louis Park, Minnesota, United States -

Full Time

Start Date

Immediate

Expiry Date

03 Jan, 26

Salary

234000.0

Posted On

05 Oct, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Actuarial Science, Reinsurance, Product Development, Negotiation, Pricing, SQL, C++, Excel, VBA, Artificial Intelligence, Team Management, Career Development, Life Insurance, Annuities, Treaties, Relationship Management

Industry

Financial Services

Description

As a Senior Actuary, you will lead actuarial expert within the Product Development team responsible for reinsurance efforts of major product lines. Includes advising the executive team and/or business unit senior management on complex reinsurance structures and actuarial issues. Responsible for developing and supporting new reinsurance structures, developing, pricing, and negotiating reinsurance treaties, and reinsurance relationship management for all lines of business. You will report to the SVP of Product Development in the Actuarial Department. What you do: You will lead projects that have major impacts on the enterprise Major development and design of new reinsurance structures and transactions You will negotiate and price new and existing reinsurance treaties Manages, trains and directs work of other managing actuaries, providing employee and career development Utilization of artificial intelligence tools and resources (e.g. generative AI). What you bring: 11+ years experience required in the Actuarial field with a preference for experience across annuities and life insurance and experience with reinsurance structures and treaties Experience with SQL, C++, Excel, VBA, or related programs/programming languages Four-year degree required in Actuarial science, math, physics, economics, engineering, or related field Achieved FSA, MAAA Candidates must be legally authorized to work in the U.S. without requiring immigration sponsorship now or in the future. This includes holders of H-1B, H4, L-1, L-2, TN, OPT, CPT, and other nonimmigrant visas. Range: $117,000 - $234,000 Actual base salary may vary based upon factors such as relevant experience, qualifications, internal equity of peers, and geographic location. In addition to base salary, this position is eligible for an annual incentive program. What we offer: At Allianz Life, we’re proud to provide a benefits package that supports the True Balance of our employees and their families. We offer: a choice of comprehensive medical, dental and vision plan options, flexible spending and health savings accounts, tuition reimbursement, student loan retirement program, generous annual paid leave, an outstanding 401(k) company match, and life insurance. Plus, our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that welcomes, includes and celebrates diversity. Our generous benefits, campus amenities and inclusive, engaged culture are among the many reasons we’re routinely recognized as a top workplace employer. 72765 | Actuarial | Management | [[custPositionClusterCSB]] | Allianz US Life | 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 race, ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation, or any other characteristics protected under applicable laws and regulations. Join us. Let's care for tomorrow. #LI-NL1

Responsibilities

Lead actuarial efforts within the Product Development team for reinsurance. Develop, price, and negotiate reinsurance treaties while managing relationships across all lines of business.