Actuarial Analyst | Hybrid

Allianz Insurance

Applications Closed

Posted 6 months ago

Full Time

Saint Louis Park, Minnesota

Hybrid

Smart Summary

As an Actuarial Analyst, you will analyze annuity and life insurance products, participate in the development and pricing of new products, and prepare financial statements. You will also assist in the preparation of financial reports and communicate actuarial results to cross-functional areas.

Allianz Life is seeking an Actuarial Analyst with strong communication, programming, and math skills to analyze annuity and life insurance products. A 4-year degree in Actuarial Science, Mathematics, or a related field is required, along with the completion of 1-2 SOA exams. Preference is given to candidates with actuarial internship experience and programming/database management skills.

Must Have Skills for ATS

Actuarial Science

Mathematics

Excel

VBA

SOA exams

Financial reports

Actuarial analysis

Programming languages

Database management

Communication skills

Modeling techniques

Actuarial internship

Financial statements

Product development

Annuities

Life insurance

Financial modeling

Job Description

Hiring Manager:  TBD

Recruiter: Chrissy Hagen (chrissy.hagen@allianzlife.com) | Please email me after you have applied with an attachment of your resume.

Pay Band:  3

Employee Referral Information: Employee Referrals should be sent via email to the assigned recruiter for the role. Please include the job title, job reference code, and the referral's resume. Referrals must be position-specific or no referral award will be given.  

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.

What you do:

Allianz Life Insurance Company of North America, one of FORTUNE’s 100 Best Companies to Work For, has been keeping its promises since 1896. Today, it carries on that tradition, helping families achieve their retirement income and protection goals with a variety of annuities and life insurance products. As a leading provider of fixed index annuities, Allianz Life is part of Allianz SE, a global leader in the financial services industry with 142,000 employees worldwide.

Retiring with financial security. Living life with confidence. At Allianz Life®, every employee knows these are the things that matter and Allianz gives their 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 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.

What you bring:

As a starting actuary, you will gain real employee experiences from a top FORTUNE’S "100 Best Companies to Work For" corporation. This includes analyzing annuity and life insurance products, participating in the development and pricing of new products, preparing financial statements, hedging our investments, producing analysis and reports for senior leaders, performing Excel spreadsheet automation and developing complex financial models. With exceptional opportunities and benefits such as: presentation opportunities, access to our senior and executive level leaders, financial education workshops and a professional development series. If you want to be an actuary, this is the place to get you started. Bring your curiosity, flexibility, creativity, self-motivation, detail orientation, and technical brilliance to work with our seasoned actuaries in using industry-leading technology on projects that add value and make a significant impact on our business.

  • Assist in preparation of financial reports, memorandums and other required actuarial supporting analyses including:
  • New product and filings and rollouts
  • Product management actions
  • Requests from external auditors, state regulators and rating agencies
  • Parent company requests and requirements
  • Experience studies and assistance in development of pricing, projection or valuation assumptions
  • Design and develop sophisticated modeling techniques in an Actuarial projection software
  • Communicate actuarial results to cross-functional areas including:
  • Business unit and other Support unit personnel and documentation of the actuarial analysis performed

Key Requirements/Skills/Experience

  • Superior communication, programming and math skills
  • The ability to translate results into words
  • Experience using Excel, VBA and/ or other programming languages
  • A 4-year degree in Actuarial Science, Mathematics or related field
  • Completion of 1-2 SOA exams
  • Leadership experience a plus

Preference will be given to candidates that also have the following:

  • Previous actuarial internship experience
  • Successful completion of more than one SOA exam
  • Programming or database management experience

Allianz Insurance

The Allianz Group is one of the world's leading insurers and asset managers with more than 100 million private and corporate customers in nearly 70 countries. We are proud to be the Worldwide Insurance Partner of the Olympic & Paralympic Movements from 2021 until 2032 and to be recognized as one of the industry leaders in the Dow Jones Sustainability Index. 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. Join us and together, let’s care for tomorrow. Credits: https://www.allianz.com/en_GB/credits-allianz-se.html Follow us on: Twitter: twitter.com/Allianz Instagram: https://www.instagram.com/teamallianz Facebook: https://www.facebook.com/AllianzCareers Glassdoor: https://www.glassdoor.de/%C3%9Cberblick/Arbeit-bei-Allianz-EI_IE3062.11,18.htm Allianz Data Privacy Statement for Social Media: https://www.allianz.com/en/privacy-statement.html#social-media Allianz Careers Data Privacy Statement: https://careers.allianz.com/en_EN/footer/data-privacy.html LinkedIn Privacy Policy: https://www.linkedin.com/legal/privacy-policy LinkedIn General Terms: https://www.linkedin.com/legal/user-agreement

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