The Short Tail lines reserving team is part of CFO Actuarial in AGCS. CFO Actuarial is responsible for the appropriate level of reserve needs. It fulfills the responsibilities of the Actuarial function under Solvency II, analyses trends, and steers the actuarial results with a forward-looking view to secure AGCS’s future profitability.
Job Purpose / Role
We are looking for a motivated and investigative seasoned professional with more than 15 years international experience in global Short Tail lines business and strong managerial skills. You are able to successfully operate in a demanding and fast changing corporate environment.
You will report directly to the Chief Reserving Actuary. As a team leader, you built a strong team that drives forward work and initiatives in the area of your responsibility. You set and manage priorities for your own team, oversee and develop global actuarial approaches in line with the company goals. You engage in discussions with senior management and the Board of Management and maintain links to the other AGCS departments and Group functions. You will support the Chief Actuary with project coordination, prioritization and communication.
In this role you will …
Actively steer actuarial results for Short Tail lines with a forward-looking view to bringing transparency for a clear understanding of the quarterly and annual Actuarial P&L impacts and trends.
Improve annual reserve review quality and control and understand quarterly/monthly impacts for Short Tail lines.
Manage relationships and collaborate with other functions, particularly Planning & Performance Management (P&PM) and underwriting units, to improve finance steering and support.
Provide leadership and adequate training to junior or new team members to build a solid Short Tail line reserving team. Provide employees with guidance on an overall strategic picture and how their own functional area\'s targets align. Define clear and challenging targets, set priorities, and lead the team to efficient execution towards the goals.
Provide robust CFO actuarial process and subject matter expertise. Manage and collaborate with internal and external stakeholders, auditors, and the Allianz SE Holding company.
Provide subject matter expertise and support to Chief Actuary.
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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.
Allianz Global Corporate & Specialty (AGCS) is a leading global corporate insurance carrier and a key business unit of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business.
Our customers are as diverse as business can be, ranging from Fortune Global 500 companies to small businesses, and private individuals. Among them are not only the world’s largest consumer brands, tech companies and the global aviation and shipping industry, but also wineries, satellite operators or Hollywood film productions. They all look to AGCS for smart answers to their largest and most complex risks in a dynamic, multinational business environment and trust us to deliver an outstanding claims experience.
Worldwide, AGCS operates with its own teams in 32 countries and through the Allianz Group network and partners in over 200 countries and territories, employing over 4,300 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2019, AGCS generated a total of €9.1 billion gross premium globally.
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