Corporate Actuary

The Benelux Corporate Actuarial Life department of Allianz is looking for an experienced actuary.

Who are we?

The Corporate Life Actuarial department fulfills a key role within the company by protecting the stability of the company, i.e., ensuring it is financially resilient by determining adequate reserves. This secures our commitment to our customers. On top of that we enable / support profitable growth by challenging new business propositions. An holistic view is paramount: balanced risk / return trade-off while keeping the customers’ interest at heart.  In this expert international community, we enjoy cross-functional exchange in teams with diverse cultural backgrounds, while embracing a modern style of working. Finally: we learn from our mistakes, speak our minds, work & laugh hard while challenging the status quo!

Who are we looking for?

Life Actuarial department is never at a standstill, we continue to implement new technologies, reshape processes, adhere, and adapt to the latest new regulatory (Solvency) and accounting (IFRS) requirements and enhance our management reporting with automated dashboarding and artificial intelligence. All this in a fully Agile way! In this active and challenging environment, we are looking for reinforcements to succeed in meeting our ambitious goals.

Your Profile

• Have a pro-active and pragmatic attitude with a track record of executing projects
• Have the appetite to work in a regional setting with different cultures / approaches
• Have a master’s degree in actuarial science or in another relevant quantitative field

• Have strong knowledge of IFRS17 as well as Solvency II

• Have 5+ years of experience in an actuarial reporting position, or related roles. Experience in data engineering and model developments would also be considered.

• Can manage different stakeholders (from Board of Management to your direct colleagues).
• Communicate fluently in English
• Able to make presentations on the spot / adapt your communication style to your audience

• Are comfortable with coding in various software languages (preferred Python / C++ / WTW RA FM etc.) to efficiently handle and analyze large and diverse loads of data or to model the actuarial cash flows of our life insurance products

Relevant experience seen as a big plus:

• Experience in managing and automating insurance data flows and processes, as well as data visualization and dashboarding
• Communicate fluently in English, as well as either Dutch or French
• Actuarial Certification (AAG / IABE, or from other recognized actuarial associations)

Your responsibilities:

Depending on your strengths and skills, we might ask you to

• Set-up and maintain data feed processes / calculations / regulatory and management reporting (incl. meaningful analysis)
• Improve / harmonize the existing processes surrounding data analysis, assumption settings, actuarial models, and control framework
• Enhance business partnering solutions (dashboarding), allowing us to communicate clear messages towards our stakeholders in steering our life business
• Provide input / actively participate in various committees (e.g., reserving committee / smart circle meetings / product committee / etc.): linking portfolio analysis to real world observations / product features. Challenging the status quo is our creed!
• Contributing towards new projects, such as M&A, improvement existing or setting up new processes, implementation of new technology, etc.

What we offer

• Excellent competitive salary package and secondary conditions.
• An engaging diverse team of experts spread out over the Benelux and Romania.
• Freedom to determine where & when you work (new way of working) – output driven.
• Development opportunities:
• We have a proven track record of promoting internal talent
• You get access to our Allianz’ global Finance community with leadership / expert classes and regular exchanges
• You have the ability to follow internal / external training (e.g. Xcelerate Academy, DataCamp)
• At Allianz we are always enthusiastic about individuals who are interested in DATA & AI

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. 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.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. Join us. Let's care for tomorrow.