P&C Risk Actuary

Are you ready to make a significant impact in P&C insurance risk management? As a P&C Risk Actuary, you'll play a crucial role in shaping risk strategies and safeguarding financial stability. Dive into a dynamic environment where your actuarial expertise will drive innovation and success.

In this pivotal position, you'll focus on P&C insurance risk, leveraging your strong actuarial background to optimize risk and capital management strategies. Collaborate with cross-functional teams to craft strategies that boost risk and capital management, profitability, and regulatory compliance. Allianz Benelux recently opted to implement a full Solvency II Internal Model and initiated the regulatory Internal Model Approval Process. In this role you will be responsible for one or more P&C Underwriting Risks. Join us in this exciting fast-paced journey!

What We Offer

• Dynamic Environment: Thrive in a multicultural team of experts within a dynamic international landscape based in Brussels or Rotterdam.
• Competitive Compensation: Benefit from a comprehensive package tailored to your expertise.
• Versatile Work: Engage in diverse projects across financial topics and insurance business.
• Motivating Atmosphere: Work in an environment that encourages initiative and views failures as learning opportunities.
• Development Opportunities: Access Allianz’s global risk and actuarial community, with opportunities for internal and external training.

We Count on You For:

• Model Development: Develop and parameterize models within the Allianz Group internal model framework, ensuring effective governance and collaboration with intra-company expert teams.
• Risk Capital Calculation: Calculate Risk Capital for P&C Underwriting Risks with Internal Model and Standard Formula.
• Business Steering: Translate risk capital results into strategic business decisions, including product approvals and reinsurance optimization.
• Cross-Department Interaction: Collaborate with Business, Corporate Actuarial, Accounting, and Reinsurance departments.
• CAT Accumulation Management: Support and improve P&C CAT Accumulation Management and Climate Change Risk assessments.
• Reporting Contribution: Contribute to internal and external reporting, including ORSA, RSR, SFCR and stress tests.

What We Look For

We are seeking a candidate with at least a Master’s degree in Actuarial Sciences, Econometrics, Mathematics/Statistics, or a related field. You should have at least 3 years relevant experience in Non-Life actuarial or insurance risk management. Proficiency in actuarial software and programming languages such as Python, R, or SQL is essential. Fluency in English is required, with proficiency in Dutch and/or French preferred. Strong communication and interpersonal skills are crucial, as you will interact with various departments and senior management.

Ready to Make an Impact? If you're eager to drive P&C insurance risk management at Allianz Benelux, we want to hear from you! Apply now and help us shape the future. #LetsCareForTomorrow

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.

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At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

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We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations

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Join us. Let's care for tomorrow.