Actuarial Analyst L&H

Allianz Services
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Allianz Services is part of Allianz Group, one of the world's leading insurers and asset managers and has succeeded in becoming one individual business segment by combining various businesses from different parent companies. Allianz Services is running service delivery operations in Romania, India, Mauritius and Morocco as well as is operating Consulting hubs in Germany, USA, Italy, France and Singapore with almost 6000 colleagues globally

Allianz Services Romania has a key role in the transformation of the Group by improving operations and creating a superior experience for customers, offering actuarial, financial, IT, HR and governance services. Our team counts over 1000 passionate professionals whose main assets are the expertise and top qualifications, combined with multilingual skills, ranging from English, German, French and Italian, to Portuguese, Spanish and Romanian

At Allianz Services Romania, we aim to attract best talents and create an inspiring environment for our people to develop, while unceasingly caring for our community and for shaping a better future together!

Job role

The Actuarial Service Center has proved its financial expertise in the Allianz world by:

  • Analyzing, optimizing and creating financial models that form the basis of insurance products;

  • Providing thorough analyses of complex data;

  • Performing data analytics for Allianz Group top players.

What you will do

  • Perform with supervision Risk and profitability assessment for life and health portfolios;

  • Perform with supervision Value of New Business, Market Consistent Embedded Value , Market Value Balance Sheet , Return on Risk Capital valuations;

  • Perform with supervision Balance sheet and Solvency Risk Capital internal formula model change impact studies; (Assets and liabilities interactions model)

  • Complete with supervision requirements around Solvency II pillar I, IFRS 4, IFRS17 ;

  • Perform with supervision actuarial processes optimizations and transformation solutions development;

What you bring

  • Bachelor’s degree in Finance or Actuarial Sciences

  • experience in insurance/ finance area with focus on financial analysis/ controlling is a plus

  • C++, SQL, SAS, Python and VBA are a plus

  • Fluent in English; French is a plus;

  • MS Office, including Outlook, Word, Access and PowerPoint skills

  • Advanced level in Excel
  • Willing to study towards the UK IFOA certification.

You have

  • Very good attention to details;

  • Self-motivated and independent;

  • able to work under pressure and meet deadlines;

  • strong analytical skills to solve complex tasks and provide advise in area of expertise;

  • able to develop methodology further

What we offer

Come to the Allianz side! We have attractive compensation and incentives:

  • Fixed salary compensation along with fixed benefits.

  • Flexible benefits that can be individually customized, so that they best suit your needs.

Fixed Benefits - We place people at the core of what we do, this is why we are committed to your personal wellbeing and professional growth

  • Additional vacation days (work tenure, Allianz tenure, special events, Paid day for child medical check-up)

  • Rewards and Recognition Program (Team Excellence Award, Anniversary Awards, Above & Beyond Awards, Thank you for your contribution!)

  • Complete training curricula available (tailored courses): International Certifications (Agile, Lean Six Sigma, Prince, ITIL, IFOA, ACCA, IACCM etc.), Comprehensive Leadership Programs, LinkedIn Learning, German Language Courses for any level

  • All you can read with Bookster

  • Share Purchase Plan

  • Allowances for special events (Birth Allowance, Losing a Family Member)

  • Flexible working environment (work from home, hybrid)

FlexiBenefits - We care about the performance of our employees and we know it can only be reached by ensuring your proper work-life balance: Medical services , Private pension, Internal Tourism, Meal Tickets and many other benefits of your choice

The personal information that you may provide to us (including sensitive information) may be provided to Hiring Managers for the purposes of assessing your suitability as a candidate

Only suitable candidates will be contacted. All applications will be treated with confidentiality

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



Job Level:



Bucharest, Bucuresti, RO, ROU: 02033

Area of Expertise:



Allianz Services

Employing Entity:

Allianz Technology SE Romania Branch

Job Type:


Remote Job:

Hybrid working

Employment Type:




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