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 J-18808-Ljbffr