Senior Actuarial Expert Hgb

Whether it’s airplanes, satellites, the world’s biggest ships and tallest building, cyber-attacks or climate change impacts, Allianz Global Corporate and Specialty (AGCS) have got the major risks fully covered when it comes to protecting businesses.

**Job Purpose/ Role**
The postion holder is a motivated and investigative professional with a strong balance sheet understanding in different legislations and a strong sense of ownership for closing and reporting related topics. The main tasks will focus on the implementation of a ground-up HGB IBNR approach, the ongoing integration of the claims equalization reserve calculation into the actuarial department as well as steering, planning and forecasting topics. The Senior Actuarial Expert HGB will drive correct and timely delivery of actuarial KPIs and balance sheet positions, particularly in HGB legislation. The position holder will drive the enhancement of quality, checks and controls in the monthly, quarterly and annual closing and reporting process. He/She will present and explain insights and understanding of the results within the actuarial team as well as to key stakeholders in other functions, particularly Accounting and Global Performance Steering.

The senior actuary will report to the Head of Global Actuarial Closing & Forecasting. He/She will ensure that the team leader can focus on strategic matters by processing delegable tasks.

**Responsibilities**

In this role you will
- Support the team leader to deliver correct, in time and well understood actuarial KPIs and balance sheet positions within the closing, forecasting and planning processes in different legislative environments, particularly HGB
- Avoid mistakes and misunderstandings by enhancing quality, checks and controls
- Promote close collaboration and interaction within the team and the various key stakeholders, particularly in Accounting and Global Performance Steering to foster mutual understanding how business developments impact actuarial drivers in the financials.
- Drive innovation and efficiency in all our processes, particularly to improve the qualilty in forecasts, achieving a high predictability.
- Prepare professional, high standard actuarial reports.
- Peer review work from other team members and provide training and guidance to junior collegues.
- Provide documentation of processes, checks and controls

**To be successful in the role**:
You will have
- Minimum 5 years of experience in relevant P&C insurance areas, ideally actuarial reserving or technical accounting, with significant experience in IFRS and HGB.
- Job specific knowledge with regards to market dynamics, standard concepts and approaches, regulations / compliance standards, reporting requirements (e.g. reinsurance and underwriting knowledge, reserving techniques, data flows, etc).
- Finance and Insurance know-how (ideally P&C) as well as understanding of complexities inherent in an insurance group (consolidation processes, legal vs management view) allowing for cross-departmental thinking and acting.
- Proven experience in communication of results to stakeholders and in international working environment
- Quantitative financial and risk modeling know-how and skills
- Excellent computer skills, particularly MS Office
- Ability to identify patterns and root causes in complex (e.g. ambiguous, from various sources) data and processes to rapidly distill key issues and provide insight in various situations.
- Proven experience in execution and enhancement of closing and reporting processes.
- The ability to positively influence others' actions, decisions, opinions or thinking resulting in positive outcomes. Ability to persuade and motivate others without direct authority.
- Excellent computer skills, particularly MS Office
- Ability to identify and initiate appropriate actions to remediate issues that can be abstract / ambiguous and follow through on their remediation.
- Fluent German and English language skills

**The benefits of joining AGCS**
- Hybrid working model, which recognizes the value in a balance between remote and office based working, giving you the flexibility to organize the way you work
- An exciting and versatile job with an opportunity to work alongside skilled and specialised colleagues from all over the world
- An environment where innovation and challenging the status quo is encouraged
- Wellbeing policies/initiatives to support a positive work life balance
- A competitive compensation and benefits package including generous bonus scheme
- Continuous learning: A large portfolio of continuous learning opportunities to help you stay relevant in your current role, grow into future roles and meet the demands of the workplace
- Diverse and inclusive culture: You will be accepted for who you are and empowered to use your voice to help others find theirs

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams an