Risk Manager Benelux
Bruxelles, BE, 1210
Shape the Future as Quantitative Risk Manager at Allianz Benelux!
Are you ready to drive forward risk management excellence and play a crucial role in our Solvency II Internal Model implementation? Join our high-performance Risk Management team, work closely with regulators and Group stakeholders, and play a key role in shaping the future of our organization.
As a Quantitative Risk Manager within the Life & Financial Risk Management team, you will report to the Risk Management leadership and drive the implementation of our Internal Model while embedding sound risk considerations into business decision-making. This role is ideal for a quantitative expert with strong actuarial skills who thrives in a regulatory and analytical environment. While the role will cover aspects of all life & financial risks, you will develop a deep expertise on health & disability business. As disability straddles both Life & P&C actuarial techniques, the role is thus suited to a broad-minded individual who wishes to avoid specialization early in their career.
What We Offer
- High Impact and Senior Exposure: Drive risk management initiatives directly with regulators, Group stakeholders, and senior management
- Dynamic International Environment: Thrive in a vibrant setting based in Brussels
- Professional Growth: Opportunities for personal and professional development in a supportive environment
- Flexible Work Arrangements: Enjoy working from home and our modern offices in the heart of Brussels
- Competitive Compensation: Attractive salary package with fringe benefits
- Innovative Culture: Be part of a team that values analytical excellence, innovation, and continuous improvement
- Stimulating Team Work: Collaborate with actuarial, reinsurance, and business teams on high-impact projects
Your Key Responsibilities
- Model Implementation: Ongoing design and calibration of the Internal Model framework (with particular focus on health & disability), challenging pricing and reserving actuaries on assumptions and methodology
- Regulatory Engagement: Engage with local regulators and Group stakeholders, justifying approaches and outcomes for solvency reporting
- Risk Analysis: Analyze Risk Capital results with both Internal Model and Standard Formula, translating insights into business steering
- Strategic Support: Identify initiatives to optimize capital management and portfolio efficiency, linking with business planning
- Product Assessment: Assess in-force management and new pricing & products with focus on risk capital budget
- Stress Testing: Design and calculate Stress Tests for Health & Disability Portfolio
- Risk Appetite: Setting and monitoring limits for risk appetite framework
- Reinsurance Support: Support the Reinsurance function in identifying efficient reinsurance treaties
Your Profile?
You have approx. 3-5 years of experience in Risk Management, Actuarial, or Investments, with strong quantitative and analytical skills. Your hands-on experience includes technical knowledge with programming skills such as Python, as well as familiarity with actuarial software (preferably RAFM) and databases. You have the intellectual curiosity to quickly master the business drivers and processes of our health & disability portfolio, thus developing your actuarial skillset to cover both Life and P&C techniques. You have strong stakeholder management skills and are at ease in high pressure regulatory environments. A Master's degree in Statistics, Statistical and Actuarial Sciences, Physics, Mathematical Engineering or equivalent is required. Proficiency in English is essential in this role, with skills in French and/or Dutch being helpful. At Allianz, we're always on the lookout for individuals who are enthusiastic about AI and Data Analytics to shape the future and drive innovation across our organization.
Are you interested? Join us and let's shape the future together. #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. We are united by a shared commitment: to put our customers first and at the center of everything we do. Their needs inspire our thinking and guide our actions. Together, we can build an environment where everyone feels empowered and confident to explore, grow and shape a better future – for our customers and for the world around us.
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. The foundation for this is our inclusive workplace, where people and performance both matter, and where integrity, fairness, inclusion and trust are at the heart of our culture. We therefore welcome applications regardless of race, 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.
Join us. Let's care for tomorrow.
Note: Having different strengths, experiences, perspectives and approaches is an integral part of Allianz‘ company culture. One means to achieve this is a regular rotation of Allianz employees across functions, Allianz entities and geographies. Therefore, Allianz expects from its employees a general openness and a high motivation to regularly change positions and collect experiences across Allianz Group.
