Actuarial Analyst | Inclusive Jobs

Who we are

Allianz is a global insurance company serving across 70 different countries, but from the very first day you join our team you’ll know that your contributions are valued. We offer world class learning and career development opportunities, while we celebrate an inclusive culture.

Role Description

We have a great position that has recently become available in our Finance team for a Student Actuary.

We are looking for an ambitious, collaborative and enthusiastic candidate who is looking to continue on to the next step of their Actuarial career.

Your role will focus on quarterly reserving, business planning and aspects of capital modelling, as well as general business analyses. The role will require collaborative interaction with the wider Actuarial Team, other teams within Finance and Technical and Underwriting and Claims.

The role will also require some emphasis on simplification of processes through automation and coding, with opportunities to work with our Actuarial Transformation team, developing and supporting our capability for transforming our Actuarial processes across our data, methodologies, assumptions, results output and monitoring. You will have the opportunity to explore how analytic tools can help the Actuarial team and the wider business through increased efficiency and added insight.

The role is hybrid between working from home and in the office and can be based either in our Guildford or our London office, though some travel will be required between the two.

Key Responsibilities

Production, monitoring and communication of quarterly reserves on an IFRS4 and IFRS17 basis, including regular collaboration with the underwriting and claims managers.
Setting the bar for simplification of existing processes and development of the department’s technical capabilities.
Portfolio segmentation and business steerage.
Actuarial input into the annual business planning process.
Input into the insurance risk parameterisation process.

Skills & Experience

Student of Institute of Actuaries or equivalent with General Insurance Experience.
A strong academic record, with at least a 2:1 degree in a quantitative subject such as Mathematics, Statistics or Business.
Strong interpersonal and relationship management skills.
Strong coding skills in particular R or SAS. SQL, VBA also considered.
Innovative and proactive approach to simplifying processes.
Strong communication (written and verbal).
Knowledge of various reserving techniques and familiarity with ResQ.
Strong excel skills and working knowledge of other Microsoft products, such as Word/Powerpoint.

What We Will Offer You

Recognised and rewarded for a job well done, we have a range of flexible benefits for you to choose from- so you can pick a package that’s perfect for you. We also offer flexible working options, global career opportunities across the wider Allianz Group, and fantastic career development and training. That’s on top of enjoying all the benefits you’d expect from the world’s number one insurance brand, including:

Flexible buy/sell holiday options
Hybrid working.
Annual performance related bonus
Contributory pension scheme
Development days
A discount up to 50% on a range of insurance products including car, home and pet
Retail discounts

Our Ways of Working

Do you need some flexibility with the hours you work? Let us know as part of your application and if it’s right for our customers, our business and for you, then we’ll do everything we can to make it happen.

Here at Allianz, we are signatories of the ABIs flexible working charter. We believe in supporting hybrid work patterns, which balance the needs of our customers, with your personal circumstances and our business requirements. Our aim with this is to help innovation, creativity, and you to thrive – Your work life balance is important to us.

Our Purpose and Values

We secure your future

Be Brave | With Heart | Everyone Counts | Inspiring Trust

Our purpose and values are more than just words on a website – they are the why and how of Allianz. They influence everything we do and guide us how to do it. Created by our people, for our people, they shape our culture, bring us together, and inspire us to be the best. Building an inclusive culture for us all to succeed.

Diversity & Inclusion

At Allianz, we value diversity and inclusion and back this up with our accreditations. Allianz is EDGE certified for gender inclusion, members of the Women in Finance Charter, a Disability Confident employer, Stonewall Diversity Champion members, signatories of Business in the Community’s Race at Work Charter, and an Armed Forces Covenant gold standard employer.

We recognise the strength of neurodiversity in the workplace, and the far-reaching benefits of embracing a spectrum of thinking styles and innovative capabilities. We proudly welcome applications from neurodivergent and disabled candidates, and can offer tailored adjustments to remove barriers and set you up for success in your career.

At Allianz, we encourage our people to advocate for what they need, we listen, and we act – this could include providing assistive technology, ergonomic specialist equipment, mentoring and coaching, or flexibility in the way you work, among a wide range other adjustments.