Corporate Actuary

About Us
The world around us is changing rapidly and so is the insurance industry. Now's the right time to make a bold move and shape the future of insurance – this is Allianz Direct As a pan-European online insurer of the Allianz Group, launched in 2019, Allianz Direct is on its mission to become the most customer-oriented and efficient insurer on the market. Allianz Direct is truly changing the face of insurance, in customer experience, and in technology, processes, people and culture.

An international team of business experts and engineers who live and breathe an agile way of working, are seeking to improve and change the way you do insurance. Driven by customer obsession and love for data, Allianz Direct strives for delivering an exceptional experience with a personal touch.

So, what makes Allianz Direct so unique? We believe in the power of simplicity and convenience and by doing so we have managed to set new standards when it comes to online insurance.

Job Purpose/Role
In 2019 we embarked on a journey, to build the 'future of insurance'. At Allianz Direct, our mission is very simple: we want to become the most customer-oriented and efficient insurer on the market. At Allianz Direct we see ourselves as a technology company with an insurance license. With love for data and customer obsession at the core of our culture, we want to deliver an experience that really makes our customers say: "WOW, that was great"

You will be working within the Finance team supporting the Chief Actuary to develop the actuarial processes and data capabilities for estimating loss reserves and technical provisions, as well as monitoring the portfolio performance across the full insurance scope of AZ Direct, currently 5 different countries (Italy, Spain, Germany, Netherlands and France).

Come and join this dynamic team, develop new techniques, processes and learn about the whole insurance value chain

*Key Responsibilities*

• Loss reserving, technical provision estimation and support of Actuarial Function tasks for mainly Motor Lines of Business
• Develop and implement actuarial techniques with a view to ensuring adequacy of reserve levels and monitoring developments
• Work and collaborate cross-functional with Claims, Pricing, Planning and Controlling
• Support the development of the AZ Direct platform with regards to financial reporting
• Monitor the business landscape in the four Allianz Direct entities
• Support integration efforts of acquired companies into AZ Direct

Qualifications/Key Skills

• Succesfully completed studies in Mathematics, Statistics or Actuarial Sciences
• Working towards an actuarial qualification
• Competency in MS Office, WTW ResQ and SQL
• Fluent in English
• 2-5 years of P&C actuarial experience in loss reserving and technical provision calculation
• Accounting knowledge is ideal
• Solid analytical skillset with well developed skills in data cleaning and transformations
• Excellent communication skills
• Ability to work independently and efficiently
• High level of reliability
• Open-minded towards new techniques and data investigation within a growing organization
• Motivation and curiosity to dig deeper into problems
• International working experience is a plus
• Language Skills: Fluent in both German and English, with additional language skills considered an asset, enhancing communication across diverse teams
• Strong Communication Skills: Possess excellent communication and report writing abilities, enabling clear and impactful presentation of complex information

83467 | Actuarial | Professional | | Allianz Direct | 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.

We at Allianz believe in an inclusive workforce and are proud to be an equal opportunity employer.

We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

Great to have you on board. 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 diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company expects from its employees a general openness and a high motivation to regularly change positions and collect experiences across Allianz Group.