Senior Actuarial Analyst
Allianz
- Chicago, IL
- $79,323-135,982 per year
- Permanent
- Full-time
- Ensure that adequate loss reserves are estimated for your line(s) of business on IFRS 17 basis.
- Support the Actuarial Function team in derivation of a normalized loss ratio, and where relevant validate selected and booked NLR via annual reserve reviews.
- Support the reserving team in monthly closings and contribute to the presentation for the Loss Reserve Committee.
- Drive innovation and efficiency in all our processes, particularly to improve the quality in forecasts, achieving a high predictability.
- Peer review work from other team members
- Minimum 3 years business experience, preferably spanning multiple actuarial areas
- 3-5 CAS Exams
- Job specific knowledge with regard 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 a healthy curiosity to understand complexities inherent in an insurance group (consolidation processes, legal vs management view) allowing for cross-departmental thinking and acting
- Ability to identify patterns and root causes in complex (e.g. ambiguous, from various sources) data and processes to rapidly distil key issues and provide insight in various situations
- Basic balance sheet understanding on IFRS 4 and IFRS 17 bases, and experience of closing and reporting related topics
- High level of analytical ability, capable of clearly communicating results and findings in a clear and concise manner
- Excellent stakeholder management skills, ideally within a global environment.
AzC has an in-house recruitment team, which focuses on sourcing great candidates directly. AzC does 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 use agencies, we have a PSL in place, so please do not contact managers directly.#LI-DNP #LI-Hybrid