Experienced Actuary ready for next step!

As of February 2021, the Benelux Corporate Actuarial Life department of Allianz is looking for an experienced actuary ready for the next step.

Allianz is a global leader in insurance and financial services provision. It is present in over 70 countries, employing more than 140,000 people and serving more than 86 million customers. In the Benelux, Allianz offers a broad range of insurance products and services for individuals, the self-employed, SMEs, and large companies through its network of insurance brokers. In Belgium and Luxembourg, Allianz serves more than 900,000 customers, employs close to 950 people, and collects 2.1 billion euros. In the Netherlands, Allianz serves over 1.3 million customers with the help of distribution partners and its direct writer, Allianz Direct. Allianz employs approximately 1,000 people in the Netherlands and collects 1.1 billion euros in gross premiums in that country.

Jeroen Baars 

Who are we?

The Corporate Life Actuarial department fulfills a key role within the company by protecting the long term stability of the company by ensuring it is financially resilient by determining adequate reserves. This secures our commitment to our customers. On top we enable / support profitable growth by challenging new business propositions. A holistic view is paramount: balanced risk / return trade-off while keeping the customers’ interest at heart.  In this expert international community we enjoy cross-functional exchange in teams with diverse cultural backgrounds, while embracing a modern style of working. Last but not least: we learn from our mistakes, speak our minds, work & laugh hard while challenging the status quo!

Who are we looking for?

Life Actuarial department is in the middle of their transformation roadmap: from implementing new technologies to reshaping processes and going fully Agile! In this active and challenging environment we are looking for reinforcements to succeed in meeting our ambitious goals.

This means we expect you:

·       Have a pro-active problem solving attitude. You are always ambitious (but realistic) in setting your goals and have a track record in execution of plans / projects. You stay up to date in the actuarial field and implement the latest developments.

·       Have the appetite to work in regional setting with different cultures / approaches.[1] 

·       Have a Master’s degree in Actuarial science or in another relevant quantitative field.

·       Have strong knowledge of Solvency 2. Knowledge of IFRS17 is seen as a plus.

·       Have 3+ years of experience in an actuarial reporting position or something closely related to it.

·       Are able to manage different stakeholders (from BoM to your direct colleagues).

·       Communicate fluently in English.

·       Able to make presentations on the spot / adapt your communication style to your audience.

·       Are comfortable with coding in various software languages (preferred Python / C++  / WTW RA FM etc.) to efficiently handle and analyze large and diverse loads of data or to model the actuarial cash flows of our life insurance products.


Your responsibilities (range):

-          Actuarial calculations and reporting (incl. meaningful analysis) in Solvency 2 (and / or IFRS17).

-          Improvement / harmonization of the existing processes surrounding data analysis, assumption settings, actuarial models, and controls.

-          Business partnering: able to communicate clear messages towards our stakeholders in steering our life business. Provide input / actively participate in various committees (e.g. reserve committee / smart circles, etc): linking portfolio analysis to real world observations / product features. Challenging the status quo is part of our creed!

What we offer

-          Excellent competitive salary and secondary conditions.

-          An engaging multi-cultural team of experts spread out over the Benelux and Romania.

-          Freedom to determine where & when you work (New way of working).

-          Development opportunities (becoming the next CA / CRO etc), access to Allianz’ global Finance community, and ability to follow internal and external trainings (access to our Xcelerate Academy).

We DARE to challenge you to join Allianz Benelux and bring it to the next level! Do you dare to join?

[1] Post-Covid: Travelling btw countries if needed.

[2] As we are in the midst of a transformation the skills set / preferences can also play a role in your ultimate scope of responsibilities.  

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