The posting
Are you an actuarial professional looking to deepen your expertise across a broad range of topics - from risk capital modelling to reserving - within a complex, international insurance environment? Join Allianz Risk Transfer (ART) in Wallisellen (Zurich), as a full-time Senior Actuarial Analyst and become part of a collaborative, specialist team at the forefront of corporate insurance and reinsurance. In this role, you will take ownership of assigned actuarial topics, contribute to model development and process improvement, and grow into a recognised expert actuary within a global organisation serving clients across 70+ countries.
What You-ll Do
- Prepare and perform actuarial analyses for your assigned business area, including full documentation, communication, and explanation of results to relevant stakeholders.
- Drive assigned actuarial topics end-to-end - from stochastic modelling of underwriting risk to the discounting of technical provisions - under the guidance of the team and Chief Actuary.
- Develop and enhance global actuarial approaches, processes, and models to improve accuracy and efficiency.
- Support projects through documentation and testing, ensuring quality and consistency across deliverables.
- Promote close collaboration with business areas across Group, Underwriting, Claims, and CFO functions to foster mutual understanding of how business developments impact actuarial drivers in the financials.
- Keep abreast of leading market practice and drive innovation within the actuarial function.
- Peer review work from fellow team members and provide mentoring and guidance to junior actuarial staff.
- Actively identify and suggest process improvements, leveraging your growing understanding of the business and its operations
What You'll Bring
- Degree in Mathematics, Statistics, Actuarial Science, or a related quantitative discipline - or equivalent experience.
- Progress towards a recognised professional actuarial qualification (e.g., first actuarial exams passed) is an advantage.
- 3-5 years of business experience, preferably spanning multiple actuarial areas such as reserving, capital modelling, or pricing.
- Experience across multiple lines of business and, ideally, multiple types of business (e.g., P&C, reinsurance, corporate insurance).
- Demonstrated contribution to the development, enhancement, and implementation of actuarial models, analyses, and processes.
- Strong quantitative financial and risk modelling skills, including knowledge of stochastic modelling techniques.
- Ability to communicate actuarial results clearly and effectively to stakeholders at various levels of seniority.
- Solid finance and insurance know-how, ideally in P&C, with an understanding of the complexities inherent in an insurance group (consolidation processes, legal vs. management view).
- Job-specific knowledge of market dynamics, standard actuarial concepts, regulations and compliance standards, and reporting requirements - including reinsurance and underwriting knowledge, reserving techniques, and data flows.
- Advanced computer skills including MS Office (incl. VBA) and relevant expert systems such as Matlab, R, SQL, or Java.
- Experience in an international working environment, including comfort with cross-border collaboration.
- Proficiency in English; a second language is considered an asset.
- Familiarity with AI-assisted actuarial tools, data analytics platforms, or automation workflows is a plus
107354 | Actuarial | Professional | Allianz Commercial | Full Time or Part Time | Permanent
What-s in it for you?
Let-s care about everything that makes you, you
We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.
Let-s care for your financial wellbeing
We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.
Let-s care for your opportunities to progress
From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.
Let-s care for life-s twists and turns
From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.
Let-s care for our society and our planet
With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.
Care to join us?
Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead.
Learn more about careers at Allianz Commercial by clicking here.
Learn more about Allianz Commercial by clicking here.
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 matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.
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.
Join us. Let's care for tomorrow.
People with disabilities: We want to give all our candidates the best opportunity to succeed. -If you need any adjustments to be made during the application and selection process, please email [email protected]
Recruitment Agencies:- Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly.- Allianz Commercial 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. Failure to comply could/may result in the disqualification of the candidates and/or the termination of our contract and/or fees not being paid.
