For consideration please email your resume to gerrod.bright@allianzlife.com!
Job Purpose/Role
- Join a team of actuaries who are more than experts at just the numbers. As a member of the Product Development actuarial team at Allianz, you will participate and collaborate with a team of experts. We will look to you to continually bring concepts forward to improve our Index Universal Life Insurance business across financial departments, Allianz Life, and the global financial services group of Allianz SE.
- Your initiative and ownership of projects will turn them from an idea into reality. At Allianz you will have the ability to build your own success. Success is driven by initiative and ownership. Challenging the status quo and improving the company are expected.
- Through a variety of fast paced challenges you will have the chance to impact the company and the industry.
- Allianz provides the opportunities to create successes from fast paced and high impact projects.
- Many opportunities are available in traditional actuarial roles: coordinate, prepare, and perform actuarial analyses to support the development of new life insurance products, pricing strategies, investment and hedging strategies, economic valuations, financial forecasts, reserve valuation, and evolving risk management.
- Our actuaries do much more than the traditional roles including: industry presentations, industry panels, and traveling with our marketing and sales departments. Success outside of the typical actuarial roles provides opportunities to further demonstrate leadership in the business.
Key Responsibilities
- Develops and manages projects, analyzes results and provides options and recommendations including:
o New product pricing models
o Product management tools and studies
o Business and related forecasts
o Implementation of valuation methods
- Performs actuarial research supporting: Product pricing and development; Hedging and risk mitigation methods; underwriting, valuations and insurance regulations
- Prepares financial reports and analysis, actuarial memos and responses in support of:
o New product rollouts
o Requests from external auditors, state regulators and rating agencies
o Parent company requests and requirements
o Perform experience studies and assist in development of pricing, projection or valuation assumptions
- May supervise other entry-level actuaries. Training and direction of other entry-level actuaries
Key Requirements/Skills/Experience
To succeed in this position, you'll need 3+ experience in the actuarial field preferably within the Financial Service or Insurance industry, a four-year degree preferably in actuarial science or math, completion of an ASA working towards a FSA or recent completion of a FSA, Life Insurance experience, and proficiency in MS Office, spreadsheet and database applications. In addition, you should have excellent written/verbal communication skills and the ability to handle multiple deadlines.
Job Purpose/Role
- Join a team of actuaries who are more than experts at just the numbers. As a member of the Product Development actuarial team at Allianz, you will participate and collaborate with a team of experts. We will look to you to continually bring concepts forward to improve our Index Universal Life Insurance business across financial departments, Allianz Life, and the global financial services group of Allianz SE.
- Your initiative and ownership of projects will turn them from an idea into reality. At Allianz you will have the ability to build your own success. Success is driven by initiative and ownership. Challenging the status quo and improving the company are expected.
- Through a variety of fast paced challenges you will have the chance to impact the company and the industry.
- Allianz provides the opportunities to create successes from fast paced and high impact projects.
- Many opportunities are available in traditional actuarial roles: coordinate, prepare, and perform actuarial analyses to support the development of new life insurance products, pricing strategies, investment and hedging strategies, economic valuations, financial forecasts, reserve valuation, and evolving risk management.
- Our actuaries do much more than the traditional roles including: industry presentations, industry panels, and traveling with our marketing and sales departments. Success outside of the typical actuarial roles provides opportunities to further demonstrate leadership in the business.
Key Responsibilities
- Develops and manages projects, analyzes results and provides options and recommendations including:
o New product pricing models
o Product management tools and studies
o Business and related forecasts
o Implementation of valuation methods
- Performs actuarial research supporting: Product pricing and development; Hedging and risk mitigation methods; underwriting, valuations and insurance regulations
- Prepares financial reports and analysis, actuarial memos and responses in support of:
o New product rollouts
o Requests from external auditors, state regulators and rating agencies
o Parent company requests and requirements
o Perform experience studies and assist in development of pricing, projection or valuation assumptions
- May supervise other entry-level actuaries. Training and direction of other entry-level actuaries
Key Requirements/Skills/Experience
To succeed in this position, you'll need 3+ experience in the actuarial field preferably within the Financial Service or Insurance industry, a four-year degree preferably in actuarial science or math, completion of an ASA working towards a FSA or recent completion of a FSA, Life Insurance experience, and proficiency in MS Office, spreadsheet and database applications. In addition, you should have excellent written/verbal communication skills and the ability to handle multiple deadlines.
Assistant Actuary (Life Pricing) at Allianz Life in Minneapolis-St. Paul, MN