Senior Actuarial Analyst (m/f/d)

Stellenbeschreibung:

We are looking for a (Senior) Actuarial Analyst (m/f/d) – based in Munich.

Your Team

You'll join the Actuarial Department, supporting all global lines of business of Allianz Commercial. The department is a key unit within the wider Chief Finance Office and a strategic contributor to Allianz Commercial’s long‑term success.

Within the department you will be part of the Closing & Forecasting team, responsible for the global closing of the books and the planning and forecasting of reserves. The team’s work ranges from coordination and review of other teams’ tasks to own analysis and modelling activities.

The Impact You Will Have

We are looking for a motivated and analytically minded professional with foundational balance sheet knowledge across different regulatory frameworks and a keen interest in closing and reporting topics. In this role, you will focus on the correct and timely delivery of actuarial KPIs and balance sheet positions, with a particular emphasis on IFRS and Solvency II.

You will contribute to enhancing quality, checks, and controls within the monthly, quarterly, and annual closing and reporting cycle, and present and explain results and insights to the actuarial team and key stakeholders in the Accounting and Controlling departments. Reporting to the Head of Global Actuarial Closing & Forecasting, you will support the team leader by independently managing delegable tasks.

Responsibilities

Actuarial Closing

Calculate discounting, including analysing changes relative to prior periods
Generate the actuarial parts of Solvency II reporting, adjusting tools based on changing input granularity
Setup the IFRS aggregation tool and perform the initial analysis of global claims
Prepare professional, high‑quality slides on focus areas for the quarterly Reserve Committee
Collaborate with Accounting colleagues to resolve data quality issues found during the last closing

Forecasting & Planning

Estimate the impact of new market data on discounting
Plan the reserve level of each subsidiary over the next three years, incorporating planned growth initiatives

Tools, Innovation & Process Improvement

Identify inefficiencies in tools and processes, proposing solution options
Design needed changes and collaborate with the technical team to implement them
Stay abreast of leading market practices, especially regarding AI

Ad‑hoc Analysis

Support the Chief Actuary, external consultants, auditors, and actuaries employed by the holding company with ad‑hoc analyses as required

Qualifications

Excellent tertiary qualification, ideally in Mathematics, Statistics, or a related discipline, or equivalent experience
University graduates welcomed
Outstanding analytical thinking skills with quantitative financial and risk modelling know‑how
Job‑specific knowledge of market dynamics, regulations, and reporting requirements is a plus
Finance and insurance know‑how (ideally P&C) and understanding of insurance group complexities
Experience in relevant P&C insurance areas preferred
Excellent computer skills, particularly MS Office
Effective communication and presentation skills, with the ability to positively influence others
Ability to work in an international environment and strong inter‑cultural skills
Fluent English; additional languages such as German advantageous
Progress toward recognised professional qualification (actuarial, CFA, MBA) is a plus
Basic understanding of artificial intelligence (AI) and its potential applications in business is essential

Benefits

Hybrid working model with flexible arrangements
Competitive compensation and benefits package, including a generous bonus scheme and pension
Career development and digital learning programmes, with international mobility opportunities
Support for flexible working, health and wellbeing, private healthcare, generous parental leave and support for career breaks
Opportunities to engage in sustainable initiatives and give back to society and the planet

Equal Opportunity Employer

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.