Life Actuary - Regional Life & Health (m/f/d)

About Allianz Holding Eins

Allianz Holding Eins is the regional holding for Central Europe, driving strategic development and innovation across Life & Health insurance in 11 dynamic markets: Austria, Bulgaria, Czech Republic, Croatia, Slovenia, Hungary, Poland, Lithuania, Romania, Slovakia, and Ukraine. Based in Vienna, we shape regional strategy, product excellence, and long-term value creation for millions of customers across the CE region.

Job Purpose / Role

As a Life Actuary in our Central Europe team, you will operate at the intersection of actuarial expertise, business strategy, and regional decision-making. You will influence how Life & Health products are designed, priced, and steered across multiple markets, working closely with local actuarial and management teams. The role combines hands-on actuarial topics with strategic exposure at regional and Group level, offering a unique opportunity to broaden your actuarial career beyond a single operating entity.

Key Responsibilities

• Shape and support the regional Life & Health strategy (Protection, Health, Life Savings, Unit Linked) in close collaboration with local actuarial and business teams.
• Support the regional product approval process, including pricing assumptions, profitability (NBM, VNB), customer value (LR, RiY), and alignment with underwriting and distribution standards.
• Act as a sparring partner for local life actuaries on pricing, profitability, and portfolio steering topics.
• Develop and implement regional standards for pricing, underwriting, and portfolio steering, leveraging Group frameworks and best practices from mature markets.
• Monitor business performance using key KPIs (e.g. PVNBP, CSM, RoE), identify deviations, and support corrective measures.
• Guide integration of IFRS 17 and relevant risk governance frameworks into product development and portfolio management.
• Collaborate with Group functions and serve as a key contact for actuarial and product-related topics across operating entities.
• Contribute to strategic and financial planning by providing actuarial insights, independent perspectives, and best-practice benchmarks across markets.
• Gain exposure to multiple life insurance markets and product types, enabling fast learning and broad professional development.

Key Requirements

• University degree in actuarial science, mathematics, statistics, or related fields.
• Several years of professional experience in life insurance actuarial roles (pricing, valuation, reporting, or portfolio steering).
• Strong knowledge of insurance KPIs (e.g. NBM, VNB, RoE) and solid understanding of profit drivers in life insurance.
• Familiarity with IFRS 17 and risk or actuarial governance frameworks.
• Excellent analytical skills with the ability to translate complex topics into clear business insights.
• Strong stakeholder management and communication skills in an international environment.
• Fluent English is required; additional CE languages are an advantage.

What We Offer

• A high-impact regional actuarial role with direct exposure to senior management and Group functions.
• The opportunity to work on diverse life insurance portfolios and products across multiple Central European markets.
• A strong combination of technical actuarial work and strategic business involvement.
• An international, highly professional, and collaborative working environment.
• Excellent opportunities for personal and professional development within Allianz.
• A modern workplace in Vienna with flexible working arrangements.
• A competitive annual gross salary starting from EUR 90,000 (full-time), with attractive overpayment depending on experience and qualifications.

Join Allianz and help shape the future of Life & Health insurance in Central Europe. We believe in diversity and inclusion and welcome all applications, regardless of background, gender, or orientation.

89512 | Actuarial | Professional | NA | Allianz Holding eins | 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.

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.