Actuarial Analyst

2 weeks ago

Singapore Allianz Partners Full time

What you do

You will be working as the Corporate Actuarial, part of the Finance division, and your function will be to operate globally with a direct relevance to the business, following the practices of Technical Excellence in the Allianz Group.

This role is based in the Singapore office, and reports to the Head of Corporate Actuarial Asia Pacific.


You will be coordinating with the local businesses across Asia Pacific and the other Corporate Actuarial locations, you will support the implementation of the reserving strategy for the Travel, Health and Assistance lines of business.

This includes the reserve setting, assessment of underwriting performance, support to Solvency II actuarial function activities and contributing to other actuarial and Finance projects.


In order to optimize the company's financial performance, you will challenge existing processes, analyse deviations, proactively propose corrective actions, elaborate mitigation plans and monitor implementation.


You would be expected to liaise outside of the company with Allianz Group functions, mainly from Finance, other business divisions or other Group entities.

Key Responsabilities

You will undertake a wide variety of work and provide highly valued actuarial support to all areas across the Asia Pacific region; including but not limited to:

  • Supporting the actuarial valuation for assigned Business Units/Countries, covering multiple lines of business, for management and/or financial reporting, and the estimation of technical profitability for assigned portfolios, as inputs into business planning and forecasting
  • Assembling data and performing analyses to understand underlying trends and performances of the portfolios
  • Participating in the development and implementation of IFRS1
  • Evolving data capabilities and processing efficiency, including data governance/quality across the APAC region
  • Collaborating actively with other Group systems developments and actuarial projects across the world.
  • Engaging the local businesses and other Corporate Actuarial hubs to implement and maintain the reserving strategy from around the world.

What you bring

  • Actuarial students working toward qualification in a recognized actuarial profession
  • Demonstrated nonlife insurance reserving experience
  • A handson selfstarter with a solutionoriented approach
  • Great interpersonal and communication skills with the ability and agility to work in a global, multicultural, matrix organisation
  • Experience with software, such as ResQ, Excel (including VBA) and R/SAS, would be highly regarded

What we offer
Our employees play an integral part in our success as a business.

We appreciate that each of our employees are unique and have unique needs, ambitions and we enjoy being a part of their journey.


We are there to empower and encourage you with your personal and professional development ensuring that you take control by offering a large variety of courses and targeted development programs.

All that in a global environment where international mobility and career progression are encouraged. Caring for your health and wellbeing is key priority for us.

This is why we build Work Well programs to providing you with peace of mind and give the flexibility in planning and arranging for a better work-life balance.

22825 | Actuarial | Professional | Allianz Partners | Full-Time | Permanent


Allianz Partners is a world leader in B2B2C insurance and assistance, offering global solutions that span international health and life, travel insurance, automotive and assistance.

Customer driven, our innovative experts are redefining insurance services by delivering future-ready, high-tech high-touch products and solutions that go beyond traditional insurance.


Our products are embedded seamlessly into our partners' businesses or sold directly to customers, and are available through four commercial brands: Allianz Assistance, Allianz Automotive, Allianz Travel and Allianz Care.

Present in 75 countries, our 21,100 employees speak 70 languages, handle over 71 million cases each year, and are motivated to go the extra mile to offer peace of mind to our customers around the world.

We at Allianz believe in a diverse and 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.

Great to have you on board.

Let's care for tomorrow.

Job Level:

Professional

Location:

  • SG, 68897
    Available until:
17/03/2023

Area of Expertise:

Actuarial

Unit:

Allianz Partners

Employing Entity:

AWP SERVICES SINGAPORE PTE LTD

Job Type:

Full-Time

Remote Job:

Hybrid working

Employment Type:

Permanent

ID:

22825

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