Actuarial Expert - P&C (m/f/d) at Allianz SE Reinsurance Munich

We are looking for a P&C Actuarial Expert to join our Corporate Actuarial team at Allianz Re, the Allianz Group’s global “in-house” reinsurance company based in Munich, Germany. 

Job Purpose/ Role

Reporting to the Head of P&C Reserving, you would be part of a small, friendly and professional team, fully integrated with all aspects of the quarterly and annual reporting processes for IFRS, Solvency II and IFRS17        

Key responsibilities

• Perform P&C reserving on IFRS 4, IFRS 17 and Solvency II bases for a global reinsurance company
• Focus on delivering quarterly MVBS and IFRS 17 figures via company-built tool
• Drive technical integration of IFRS 17 into existing processes and systems
• Collaborate with certifying actuary
• Communicate with external auditors and regulators
• Provide business functions with actuarial insights / build relationships with UW and client management        

Qualifications

• Close to complete actuarial fellowship qualification of a renowned actuarial profession
• University degree in Actuarial Science, Mathematics, Statistics or a related quantitative field
• Advanced command of written and spoken English is required; German is an advantage        

Experience & Key skills

• Experience in IFRS 4 and Solvency II reserving in a global P&C reinsurance environment (3+ years)
• Good understanding of the concept of IFRS17, ideally practical experience e.g. in IFRS17 testing and/or development 
• Strong analytical and communication skills
• Programming and database experience (SAS, SQL) is key
• Strong MS Excel skills including advanced functionalities (VBA, PowerQuery)
• Self-directed, organised and willing to work under time pressure when necessary
• Team player with the ability to work independently with attention to detail
• Ability to work in an international and multi-cultural environment    

20382 | Actuarial | Professional | Allianz Reinsurance | 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.