Allianz Life
Senior Actuary - Reinsurance | Fully Onsite
Allianz Life, Minneapolis, Minnesota, United States, 55400
Senior Actuary - Reinsurance | Fully Onsite
Join our newly established reinsurance function and make a difference in Actuarial, Finance, and Operations—Drive Innovation, Shape Strategies, and Contribute to Our Success in a Dynamic and Collaborative Environment! Explore opportunities at all levels across Actuarial, Finance and Project Management. You will report to the Vice President of Reinsurance.
What You Do
Provide thought leadership, technical expertise and value-added support and guidance related to ALM initiative, including but not limited to SAA optimization, asset modeling, economic and required capital, scenario analysis, and financial planning
Liaison with Risk, Investment and Investment Accounting team, lead discussion in cross-functional WG on Asset/ALM issues and topics, influence via thought leadership, drive alignment and implement best practices/processes
Support peer review reinsurance pricing models, including actuarial assumptions, ALM strategies and modeling techniques. Support structuring reinsurance transactions and negotiations.
Critically and logically build financial model on the fly to support decision making
Communicate effectively with the leaders across finance, risk, and investment, and actuarial, including the translation of technical topics to different audiences and providing clarity of the business impact and insights to inform decision
Contribute to special projects as requested
What You Bring
FSA required, 4-year undergraduate degree required in Actuarial science, math, physics, economics, engineering, or related field
10+ year experience required in US life and annuity sector, strong with annuity
Subject matter expertise in ALM, with strong foundation in AAT, PBR and Economic Balance Sheet
Experience in annuity product development, financial modeling, Reinsurance is a plus
Strong technical expertise and broad business acumen, with ability to manage multiple diverse projects simultaneously
High adaptability and agility in a dynamic environment, willingness to be available outside standard work hours when necessary
You must be legally authorized to work in the U.S. without requiring immigration sponsorship now or in the future. This includes holders of H‑1B, H4, L‑1, L‑2, TN, OPT, CPT, and other nonimmigrant visas
Job posting range $196,001 - $234,000. Note the job posting range is exclusive of company benefits or other compensation. This role is also eligible for an annual incentive program. If you are hired, your final base salary will be determined based on factors such as geographic location, experience, skills, competencies, and/or education.
What We Offer At Allianz Life, we’re proud to provide a benefits package that supports the True Balance of our employees and their families. We offer a choice of comprehensive medical, dental and vision plan options, flexible spending and health savings accounts, tuition reimbursement, student loan retirement program, generous annual paid leave, a 401(k) company match, and life insurance. Plus, our employees enjoy an award‑winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that is fair, caring, and inclusive. Our generous benefits, campus amenities and inclusive, engaged culture are among the many reasons we’re routinely recognized as a top workplace employer. For additional information regarding What It’s Like To Work Here | Allianz Life.
Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust. We therefore welcome applications regardless of race, 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.
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What You Do
Provide thought leadership, technical expertise and value-added support and guidance related to ALM initiative, including but not limited to SAA optimization, asset modeling, economic and required capital, scenario analysis, and financial planning
Liaison with Risk, Investment and Investment Accounting team, lead discussion in cross-functional WG on Asset/ALM issues and topics, influence via thought leadership, drive alignment and implement best practices/processes
Support peer review reinsurance pricing models, including actuarial assumptions, ALM strategies and modeling techniques. Support structuring reinsurance transactions and negotiations.
Critically and logically build financial model on the fly to support decision making
Communicate effectively with the leaders across finance, risk, and investment, and actuarial, including the translation of technical topics to different audiences and providing clarity of the business impact and insights to inform decision
Contribute to special projects as requested
What You Bring
FSA required, 4-year undergraduate degree required in Actuarial science, math, physics, economics, engineering, or related field
10+ year experience required in US life and annuity sector, strong with annuity
Subject matter expertise in ALM, with strong foundation in AAT, PBR and Economic Balance Sheet
Experience in annuity product development, financial modeling, Reinsurance is a plus
Strong technical expertise and broad business acumen, with ability to manage multiple diverse projects simultaneously
High adaptability and agility in a dynamic environment, willingness to be available outside standard work hours when necessary
You must be legally authorized to work in the U.S. without requiring immigration sponsorship now or in the future. This includes holders of H‑1B, H4, L‑1, L‑2, TN, OPT, CPT, and other nonimmigrant visas
Job posting range $196,001 - $234,000. Note the job posting range is exclusive of company benefits or other compensation. This role is also eligible for an annual incentive program. If you are hired, your final base salary will be determined based on factors such as geographic location, experience, skills, competencies, and/or education.
What We Offer At Allianz Life, we’re proud to provide a benefits package that supports the True Balance of our employees and their families. We offer a choice of comprehensive medical, dental and vision plan options, flexible spending and health savings accounts, tuition reimbursement, student loan retirement program, generous annual paid leave, a 401(k) company match, and life insurance. Plus, our employees enjoy an award‑winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that is fair, caring, and inclusive. Our generous benefits, campus amenities and inclusive, engaged culture are among the many reasons we’re routinely recognized as a top workplace employer. For additional information regarding What It’s Like To Work Here | Allianz Life.
Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust. We therefore welcome applications regardless of race, 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.
#J-18808-Ljbffr