Assistant Actuary

Job description

Minneapolis, Minnesota
FunctionalArea

Actuarial
ContractType

Full Time
HierarchyLevel

Professional
Posting

54322010
JobID

76562B4401031EE69BC49045A37B0EF7
JOB PURPOSE/ROLE

KEY RESPONSIBILITIES

- Develops and manages projects, analyzes results and provides options and recommendations including:
- New product pricing models
- Product management tools and studies
- Business and related forecasts
- 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:
- New product rollouts
- Requests from external auditors, state regulators and rating agencies
- Parent company requests and requirements
- 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.
ADDITIONAL INFORMATION

Internal Background Check Information:
Allianz Life requires a criminal background check and credit check on employees applying for a position requiring securities registrations, officer level and above positions, and positions included in the Allianz Group Fit and Proper Policy.

Please contact HROnCall for further information.
REFERENCE CODE:

AZ54322009-E


Allianz is the home for those who dare – a supportive place where you can take the initiative to grow and to actively strengthen our global leadership position. By truly caring about people – both its 88 million private and corporate customers and more than 140,000 employees – Allianz fosters a culture where its employees are empowered to collaborate, perform, embrace trends and challenge the industry. Our main ambition is to be our customers' trusted partner, instilling them with the confidence to grow. If you dare, join us at Allianz Group.

Allianz is an equal opportunity employer. Everybody is welcome, regardless of other characteristics such as gender, age, origin, nationality, race or ethnicity, religion, disability, or sexual orientation.


Retiring with financial security. Living life with confidence. At Allianz Life®, every employee knows these are the things that matter. To do what matters means giving employees the tools and opportunities they need to create innovative, industry-leading products, to discover and embrace new trends, and to strengthen the customer experience. As a company, it means creating a culture that is inclusive, where doing the right thing comes naturally, and promoting an environment that develops talent, seeks excellence, encourages smart risks, and recognizes and rewards people for their performance. Doing what matters for employees helps everyone focus on doing what matters most for our customers. Allianz Life. What you do here matters.


Why Allianz Life®? Because we hire people who are dedicated to doing what matters and we give you the quality training, support, and advancement opportunities you need to succeed. As a company known for its financial strength, we offer generous benefits, have a strong commitment to community involvement, a collaborative culture, and a unique level of energy. The result is engaged and more productive employees. From the very first day you join our team, you will know that your contributions are valued. We practice True Balance at our campus by providing a fun work environment, an on-site child development center, a fully staffed fitness center, and a variety of meal options in both our full-service cafe and bistro. And all medical, dental, and retirement benefits are effective the first day you join Allianz Life, so you can focus on what truly matters.

An equal opportunity employer.