Actuarial Analyst Life & Health
1 month ago
  • Domain Finance & Banking
  • Availability Full-time
  • Experience Mid Level
  • Type of contract Indeterminate term
  • Location Bucuresti
  • Salary To be determined

Actuarial Analyst Life & Health - Allianz Technology SE München - Bucharest Branch

Job role

In the Actuarial Analyst role, you will work as a member of the Actuarial Support Center

team within Allianz. The Actuarial Support Center has the largest team of actuaries on the

Romanian market with more than 80 young, motivated and passionate professionals that

turn the unpredictable into predictable. The Actuarial Service Center offers international

opportunities for talented people and tailored solutions for Allianz, in a digital

environment. Main projects cover analyzing, optimizing and creating financial models that

form the basis of insurance products and providing thorough analyses of complex data.


In this position, you will have a significant role in Actuarial Support Center modelling

team, being involved in activities such as:

 Risk and profitability assessment for life and health portfolios

 Value of New Business, Market Consistent Embedded Value , Market Value

Balance Sheet , Return on Risk Capital valuations

 Balance sheet and Solvency Risk Capital internal formula model change impact

studies; (Assets and liabilities interactions model)

 Requirements around Solvency II pillar I, IFRS 4, IFRS17

 Actuarial processes optimizations and transformation solutions development

 Data management and analytics, including experience investigations,

reconciliation, validation

 Reporting an interpretation of analyzed data

 Actuarial model development, validations, maintenance, documentation and


 Standard actuarial analysis and reporting tasks assigned by the actuarial


 Successfully collaborating with multiple departments within Allianz operating



 Bachelor’s degree in Mathematics, Economics, Databases, Statistics or Actuarial


 Previous insurance-related or financial analysis relevant work experience

 Willing to work in an international environment

 Willing to study towards the UK actuarial exams. More details can be found here:


 Good communication skills

 Strong computer skills, particularly Excel, VBA

 Self-learner

 Programming experience is a plus

 Fluent in English; French is a plus


We place people at the core of what we do, this is why we are committed to

your personal and professional growth:

 Complete training curricula available (tailored courses);

 International Certifications (Agile, Prince, ITIL, IFOA, ACCA, IACCM etc.);

 Comprehensive Leadership Programs;

 All you can learn with LinkedIn Learning!

 German Language Courses for any level;

 All you can read with Bookster!

We care about the performance of our employees and we know it can only be

reached by ensuring you proper work-life balance:

 Work from Home Option available;

 Get a free day on your Birthday or come at work and receive Gift Vouchers/Tickets!

 Go on Vacation and get a Holiday Bonus!

 Corporate Massage;

 Weekly Fruit Day;

 WorldClass Gym Discounts.

Come to the Allianz side! We have attractive compensation and incentives:

 Fixed salary compensation along with rewards & recognition performance-

related bonus scheme;

 Meal and Gift Tickets.

  • Trust
  • Leadership
  • Customer Focus
  • Excellence
  • Innovation
  • Work from home
  • Holiday Bonus
  • Learning budget and platforms
  • Bookster subscription
  • Healthy bar
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