Life Actuary - Life Reserve Calculation

The Life Reserve Calculation department in the Actuarial Department of Allianz Italia is looking for a Life Actuary. The Life Reserve department covers the following areas of responsibility, for all the Italian Life Companies of the Group:
Statutory and IFRS reserve calculation: calculation and validation of statutory and IFRS reserve, maintenance of the reserve platform calculation and IFRS life profit source analysis.SII Technical Provision calculation: calculation and analysis of movement of the SII Technical Provision, sensitivity analysis and QRT's reporting preparation.New IFRS 17 accounting principle: deep dive analysis of the LRC (Liability for Remaining Coverage) components.IAS 19 valuation: calculation of the provision for the employee benefits.Cash flow calculation for ALM strategy as well as for supporting the assessment of additional provision for interest rate risk.Reporting activity: Allianz SE Group reporting, supporting to actuarial function and documentation required by the local regulator and audit company.KEY REQUIREMENTS/SKILLS/EXPERIENCE Master's degree in Actuarial Sciences, Mathematics, Economics (with a strong quantitative specialization) or equivalent background.Experience (2/3 years) in Life or Consultancy actuarial departments.Knowledge of actuarial software or equivalent (e.g., RAFM / PROPHET).High technical knowledge connected with programming skills.High knowledge of MS Excel and other MS Office applications as well as familiarity in working with databases.Team spirit, self-motivation and a proactive and committed working style.Ability to work under pressure and meet tight deadlines.Team player.Fluency in Italian and English, written and spoken.61182 | Actuarial | Professional | Allianz Italy | Full-Time | Permanent

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