Actuary - Reserving, IFRS17 & SII

Job description

About Allianz 

We are proud to be one of the world’s most trusted insurance companies, with a workforce as diverse as the world itself. As the trusted insurance partner to over 700,000 customers across Ireland, we have built a brand based on trust, integrity and outstanding customer service for over 100 years and our success is primarily down to the incredible people we employ.   

We strive to deliver fantastic customer experiences through innovative thinking, state of the art technology, excellent training, outstanding customer service, dedication and team work. As an employer, we truly care for our employees and their individual needs and aspirations. With this in mind we have tailored our work approach to ensure you the flexibility and support needed to excel in your role. While the role is officially based in Elm Park, Dublin 4, the team work within a hybrid working model.  

We are incredibly proud to be recognised as a Great Place to Work having won the Super Large Category during the 2025 Awards, as well as being one of Ireland’s Best Workplaces for Women and Best Workplaces for Health & Wellbeing in 2025! If you're ready to take the next step in your career, apply now and become part of the team! 

 

The Opportunity 

  We are seeking a talented Actuary to join our dynamic Actuarial Team in Dublin 4. Reporting to the Head of Reserving & Capital, this role offers an exciting opportunity to collaborate with both qualified and trainee actuaries in a hybrid working model. As part of our Actuarial function, you will play a pivotal role in:

·         Reserving and data analysis

·         IFRS17 and Regulatory reporting

·         Profitability monitoring and planning

·         Capital modelling using the company’s Solvency II Internal Model

 

As an Actuary in our multi-disciplinary team, you will gain exposure to all aspects of the actuarial function, working closely with colleagues in finance, claims, pricing, and underwriting both domestically and internationally. Your key responsibilities will include:

·         Mastering Allianz's internal IFRS17 and Solvency II modelling platform and frameworks, driving further enhancements within consistent and robust process setups.

·         Executing IFRS17-related quarter-end reserving processes and preparing Group reporting requirements

·         Engaging in actuarial/Solvency II elements of business planning and steering, anticipating and communicating potential changes in quarter-on-quarter results impacting business metrics.

·         Supporting the automation of actuarial processes including Group reporting.

·         Contribute to annual calibration of Solvency II internal model and associated reporting requirements

·         Participating in local initiatives and international group projects, fostering strong working relationships with all internal and Allianz SE Group stakeholders.

·         Developing and refining actuarial models/processes in alignment with Allianz Global P&C best practices and regulatory requirements.

·         Knowledge sharing and maintaining procedure documentation in accordance with changes in approaches, emerging best practices, and evolving regulatory environments.

·         Contributing to the statutory IFRS17 audit from an actuarial perspective.

     

Key Requirements / Skills & Experience 

 

Essential: 

·         Qualified Actuary

·        3-5 years of experience in an actuarial role

·         Experience in a non-life (re)insurer

·         Proficiency in IFRS17 and Solvency II

·         Advanced related software skills in e.g. Python, SQL, VBA and Macro Development etc.

 

Desirable: 

·         In-depth knowledge of Solvency II

·         Extensive understanding of the Irish non-life insurance market

·         Proven ability to communicate effectively with both technical and non-technical colleagues

 

Allianz plc. is regulated by the Central Bank of Ireland. 

 Regulatory Notice: 

 **This role is subject to Minimum Competency Code (“MCC”) as provided for by the Central Bank of Ireland.  A recognised insurance qualification may be required for this position. Appointment to this role will be subject to the requirements provided for by the Central Bank of Ireland.  This role is a Control Function (CF-5, 6) and is subject to F&P Standards. This includes the requirements provided for by the Central Bank (Individual Accountability Framework) Act 2023. See Link: Individual Accountability Framework | Central Bank of Ireland.  The successful candidate will be provided with the relevant Conduct Standards (including Additional Conduct Standards) training, where required.   

 

Appointment to this role will be subject to the requirements provided for by the Central Bank of Ireland.   This role is a Control Function (CF2) and is subject to F&P Standards.  This includes the requirements provided for by the Central Bank (Individual Accountability The successful candidate will be provided with the relevant Conduct Standards (including Additional Conduct Standards) training, where required .   

73782 | Actuarial | Professional | PG12 | Allianz Ireland | Full-Time | Permanent

 

 

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. 
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.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.
Great to have you on board. Let's care for tomorrow.