Reporting Actuary - Allianz - IRELAND

Job description

Job Title: Reporting Actuary

Role Type: Full time / 6 Months Fixed Term Contract

Position Reports To: Chief Actuary

Department: Actuarial Function

Location: AGL Head Office, Maple House, Temple Road, Blackrock, Co. Dublin.

Main Purpose of the Job

The role plays a key role in providing Darta with quantitative actuarial reporting services. Work spans all Solvency II and IFRS17 (profit) actuarial reporting as well as supporting various projects as they arise.

Responsibilities will include some or all of the following:

Managing the production and validation of results used in Solvency II and IFRS17 actuarial reporting;
Interaction with finance related executive management including HoAF, CFO, CRO, HoPD etc;
Production of reports/presentations explaining the change in reserves over the quarter;
Support annual assumption setting exercise and the preparation of corresponding reports;
Support the production of the annual Actuarial Function Report and IFRS Reporting Actuary’s Report;
Co-ordination of the model change and reserve committee;
Preparation of actuarial material and slides for Management and Board Committee meetings;
Provide actuarial support on various project initiatives (e.g. IFRS 17 evolution, Own Funds movement analysis, new products etc);
Operation of adequate controls and procedures in line with Allianz governance frameworks;

This job description shall not limit the duties which may be assigned to this role. The successful candidate shall be required to perform on a temporary or permanent basis such additional or different duties that the Company may reasonably assign to them from time-to-time.

Key Performance Indicators

Accuracy and attention to detail: The work undertaken is technical and requires calculations and workings to be conducted within a controlled environment. Communication of results requires accuracy, attention to detail and importantly tailoring work to the needs of the recipient. A primary measure of performance is how the individual delivers on these requirements. The position holder is expected to display the skills of questioning, spotting errors and explaining results - taking ownership of the quality of delivery.
Productivity: (i) Proactively seek to increase own level of output and team contribution (ii) Meet delivery times while maintaining accuracy (iii) Share workload evenly with other team members - particularly at busy times.
Agile Approach: Tasks and requirements are varied and likely to evolve in line with business needs – the position holder is expected to be solution orientated and to work closely with colleagues to drive incremental progress.
Personal Development: Display ongoing development working with managers an internal programs but also take ownership of your own development. Build a respected personal profile within the company.

Key Customers

Internal: Chief Actuary AGL Finance, CFO and wider Finance Team, Product Development Team, Risk Team and other relevant personnel.

Business Competencies

Education & Qualifications

Newly Qualified Actuary

Professional Competence

Life insurance experience
Acturial modelling experience
Reporting experience
Assumption setting experience

Product and Technical Knowledge

Strong technical understanding in core acturial principles
Knowledge of various life products e.g. Unit Linked and Protection products
Exposure to Solvency II / IFRS17 guidance and CBI requirements

Commercial Awareness

An understanding of industry best practices towards various Actuarial techniques

Personal Competencies

Organisation

Strong organisational skills required with the ability to work on own initiative

Flexibility

Flexible and adaptive to changing requirements

Communication

Excellent communication skills and attention to detail required

Stakeholder Management

Ability to build strong relationships with key stakeholders

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.

Offers “Allianz”

Job description