Actuary / Actuary

Description

We are seeking an accomplished Actuary to join our team in Wallisellen, Switzerland.

Your Team

Our dedicated team serves as a valuable business partner, driven by a passion for exceeding client expectations and adhering to regulatory requirements. With a diverse mix of skills and expertise, we strive to be the center of excellence for the Alternative Risk Transfer (ART LoB) business of Allianz Commercial, ensuring the integrity of the balance sheets for Allianz Risk Transfer AG and Bermuda Ltd. We are a cohesive group of professionals who guide each other, focused on making a meaningful impact together and enabling informed decisions based on expert technical actuarial advice.

Allianz Risk Transfer Group functions as the center of competence for the alternative risk transfer business within the Allianz Group. Established in June 1997 in Zürich and based in Liechtenstein since 2016, Allianz Risk Transfer AG is a wholly-owned subsidiary of Allianz Global Corporate & Specialty AG and a proud member of the Allianz Group.

The Impact You Will Have

In this role, you will be instrumental in preparing corporate actuarial analyses and providing essential support to your team members. You will engage with various business units, maintain connections with other CFO departments and group functions, and play a vital role in project support through thorough documentation and rigorous testing of project deliverables. You will also address future challenges related to Swiss Solvency Test, Solvency II, and Bermuda Solvency regulations, contribute to capital optimization efforts, and participate in detailed business steering initiatives to influence overall business strategy.

Some of Your Specific Responsibilities Could Include:

• Developing, maintaining, and enhancing actuarial approaches, tools, and processes to ensure alignment with various regulatory regimes (such as SII, Bermuda Solvency regime, US RBC) and accounting standards (including US GAAP, PGR, IFRS17).
• Building and maintaining stochastic actuarial models that contribute to reserving and insurance risk modeling analysis.
• Performing reserving analysis for various P&C Corporate risks across different accounting standards and regulatory regimes.
• Fostering collaboration and interaction with various business and CFO areas to understand the business impacts on actuarial drivers within financials.
• Providing support for projects such as internal model validation through documentation and testing.

What You'll Bring to the Role

• A minimum of 3 years of experience as a P&C actuary.
• Familiarity with Swiss Solvency Test, capital modelling, and internal model validation.
• Extensive computer skills, including proficiency in MS Office, strong R/Python skills, and/or some ReMetrica skills.
• Strong analytical, problem-solving skills, and attention to detail.
• Effective communication and teamwork competencies with the ability for cross-departmental thinking due to understanding of (re)insurance group complexities.
• Knowledge of reinsurance and accounting practices is beneficial.
• Preferably, a qualified actuary or someone actively working towards actuarial qualification.
• A willingness to learn and explore how AI can enhance your role and the broader organization.

73893 | Actuarial | Professional | Allianz Commercial | Full-Time | Permanent

What's in it for You?

Let's Care About Everything That Makes You, You

We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model that values the balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.

Let's Care for Your Financial Wellbeing

We believe in rewarding performance with an exceptional compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

Let's Care for Your Opportunities to Progress

From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide along with an environment that fosters innovation, delivery, and empowerment.

Let's Care for Life's Twists and Turns

We provide support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), and assistance for individuals returning from career breaks with invaluable experience. We've got your back.

Let's Care for Our Society and Our Planet

We provide opportunities for involvement in shaping a future that is safe, inclusive, and sustainable. We are committed to caring for the tomorrows of our people, our industry, and our clients.

Care to Join Us?

Allianz Commercial is the center of expertise for Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers encompass top consumer brands, financial institutions, industry leaders, as well as the global aviation and shipping industries, not to mention family-owned and medium-sized enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects, and film productions. Customers trust us to provide a wide array of traditional and alternative risk transfer solutions, outstanding risk consulting, multinational services, and seamless claims handling. Allianz Commercial helps its customers prepare for what lies ahead.

Apply online using the form below. Please note that only applications matching the job profile will be considered.

Allianz is an equal opportunity employer, welcoming applications from individuals of all ethnicities, cultural backgrounds, ages, genders, nationalities, religions, disabilities, sexual orientations, and any other protected characteristics. Diversity of thought is an important aspect of our culture.

People with Disabilities:

We want to ensure all our candidates have the best opportunity to succeed. If you require any adjustments during the application and selection process, please email Show e-mailm">Show e-mail.

Recruitment Agencies:

Allianz Commercial has an in-house recruitment team dedicated to sourcing great candidates directly. We do not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do utilize agencies, we have a Preferred Supplier List (PSL) in place, thus please do not contact managers directly.

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