Junior Actuary

This job is with Allianz Commercial, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.
Allianz Services is proud to serve and be part of Allianz Group, one of the world's leading insurers and asset managers. Our global footprint, with more than 7,300 employees located across ten countries and four continents, enables us to unlock value for our partners across the insurance value chain and deliver superior client experience within Allianz Group. At Allianz Services, we have a strong specialization in core insurance operations, shared services, business analytics, engineering, and management consulting. Our people and our trusted relationships with partners are what matter most. These are rooted in our values of compassion, integrity, and expertise and we strive to continuously evolve, improve, and deliver excellence while contributing successfully to the transformation of Allianz. Caring actively for the environment, for people, and for our customers is what makes us a great place to work and together we are shaping a better and more caring tomorrow.

Allianz Services is a company which belongs to the legal entity, Allianz Technology SE.

Job role
Analyzing, optimizing and creating financial models that form the basis of insurance products;

Providing thorough analyses of complex data;

Performing data analytics for Allianz Group top players.

What Will You Do

• Participate in Risk and profitability assessment for life and health portfolios;
• Participate in Value of New Business, Market Consistent Embedded Value, Market Value Balance Sheet , Return on Risk Capital valuations;
• Participate in Balance sheet and Solvency Risk Capital internal formula model change impact studies (Assets and liabilities interactions model);
• Participate in delivery on ad hoc requirements around Solvency II pillar I, IFRS17 ;
• Identify and implement improvements to processes and actuarial tools;

What You Bring

• Bachelor's degree in Finance or Actuarial Sciences;
• Experience in insurance/ finance area with focus on financial analysis/ controlling is a plus;
• C++, SQL, SAS, Python and VBA are a plus
• Fluent in English; French is a plus;
• MS Office, including Outlook, Word, Access and PowerPoint skills;
• Advanced level in Excel;
• Willing to study towards the UK IFOA certification.

You have

• Very good attention to details;
• Good communication skills;
• Client orientation;
• Team player;
• Ability to work in international environment;
• Ability to work under pressure;
• Ability/willingness to travel abroad if required.

What We Offer
We support your well-being
We foster an inclusive and healthy workplace with a flexible hybrid working model:

• Experience access to counseling services, mental health resources, and well-being sessions designed to keep you feeling your best
• Enjoy a monthly budget via the Benefit platform, for personalized benefits packages, including comprehensive medical subscriptions, meal tickets, private pensions plans, life insurance, Allianz Tiriac insurance discounts, and many more.
• Prioritize what truly matters with time off for your birthday, extra days off for each year in Allianz (up to 5), days off for legal holidays that fall on weekends, as well as 24th and 31st of December, plus special allowances to support diverse life events.

We invest in your growth
Benefit from an extensive learning curriculum designed to support your career advancement and meet your professional needs, with access to technical and soft-skills trainings, international certifications (Agile, Lean Six Sigma, Prince, ITIL, IFOA, ACCA, IACCM and more), learning resources from LinkedIn and Allianz platforms, opportunities to advance your languages skills(German, French, English) and elevate with our leadership Program.

We value you and your work
We acknowledge and recognize your work through performance based-rewards to celebrate your achievements, team and individual recognition programs to celebrate your contributions and internal referral bonuses.

Your personal information, including sensitive data, may be shared with Hiring Managers to assess your suitability as a candidate. Only suitable candidates will be contacted, and all applications are confidential. Allianz Group, a trusted global insurance and asset management company, values employee ambitions and challenges, fostering an empowering environment. We are committed to diversity and inclusion, welcoming applications from all backgrounds, regardless of ethnicity, age, gender, nationality, religion, disability, or sexual orientation. Allianz is an equal opportunity employer, encouraging you to bring your whole self to work.