Join Allianz Risk Transfer as a Senior Actuarial Analyst
Are you an actuarial professional looking to deepen your expertise across various topics—from risk capital modeling to reserving—within a complex, international insurance environment? Join Allianz Risk Transfer (ART) in Wallisellen (Zurich) as a full-time Senior Actuarial Analyst and become part of a collaborative, specialist team at the forefront of corporate insurance and reinsurance. In this role, you will take ownership of assigned actuarial topics, contribute to model development and process improvement, and grow into a recognized expert actuary within a global organization serving clients in over 70 countries.
What You'll Do
- Prepare and perform actuarial analyses for your assigned business area, including full documentation and effective communication of results to relevant stakeholders.
- Drive assigned actuarial topics end-to-end—from stochastic modeling of underwriting risk to the discounting of technical provisions—under the guidance of the team and Chief Actuary.
- Develop and enhance global actuarial approaches, processes, and models to improve accuracy and efficiency.
- Support projects through documentation and testing, ensuring quality and consistency across deliverables.
- Promote close collaboration with business areas across Group, Underwriting, Claims, and CFO functions to foster mutual understanding of how business developments impact actuarial drivers in the financials.
- Stay informed about leading market practices and drive innovation within the actuarial function.
- Peer review work from fellow team members and provide mentoring and guidance to junior actuarial staff.
- Actively identify and suggest process improvements, leveraging your growing understanding of the business and its operations.
What You'll Bring
- A degree in Mathematics, Statistics, Actuarial Science, or a related quantitative discipline, or equivalent experience.
- Progress towards a recognized professional actuarial qualification (e.g., first actuarial exams passed) is an advantage.
- 3-5 years of business experience, preferably spanning multiple actuarial areas such as reserving, capital modeling, or pricing.
- Experience across multiple lines of business and, ideally, multiple types of business (e.g., P&C, reinsurance, corporate insurance).
- Demonstrated contribution to the development, enhancement, and implementation of actuarial models, analyses, and processes.
- Strong quantitative financial and risk modeling skills, including knowledge of stochastic modeling techniques.
- Ability to communicate actuarial results clearly and effectively to stakeholders at various levels of seniority.
- Solid finance and insurance knowledge, ideally in P&C, with an understanding of the complexities inherent in an insurance group, including consolidation processes and legal vs. management views.
- Job-specific knowledge of market dynamics, standard actuarial concepts, regulations, compliance standards, and reporting requirements—including reinsurance and underwriting knowledge, reserving techniques, and data flows.
- Advanced computer skills, including MS Office (including VBA) and relevant expert systems such as Matlab, R, SQL, or Java.
- Experience in an international working environment, including comfort with cross-border collaboration.
- Proficiency in English; a second language is considered an asset.
- Familiarity with AI-assisted actuarial tools, data analytics platforms, or automation workflows is a plus.
What’s In It For You?
We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, allowing for a 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 a competitive compensation and benefits package (details vary by location), including a generous bonus scheme and pension plan.
Let's care for your opportunities to progress
Our organization fosters lifelong learning through career development and digital learning programs, providing opportunities for international career mobility.
Let's care for life's twists and turns
From our support for flexible working and health and wellbeing initiatives (including private healthcare and generous parental leave benefits) to assisting individuals in returning from career breaks, we are here to support you.
Let's care for our society and our planet
With opportunities to engage in shaping a future that is safe, inclusive, and sustainable, we care for the tomorrows of our people, our industry, and our clients.
Ready to Apply?
Apply online using the form below. Only applications matching the job profile will be considered.
Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our clients include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-sized enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects, and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting, multinational services, and seamless claims handling.
At Allianz, we stand for unity: we believe that a united world is a more prosperous world and are dedicated to consistently advocating for equal opportunities for all. Our inclusive workplace is where both people and performance matter and where a culture grounded in integrity, fairness, inclusion, and trust is nurtured. We therefore welcome applications regardless of ethnicity, cultural background, age, gender, nationality, religion, social class, disability, sexual orientation, or any other characteristics protected under applicable local laws and regulations.
Join us and let's care for tomorrow.