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Allianz

Allianz

Reg Head of CFO Actuarial

Reg Head of CFO Actuarial

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Job Details
""
Uploaded On
July 2, 2023
""
Location
Chicago, United States
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Remote?
No
Salary
$
157
k-$
266
k
Glassdoor Ratings
""
Recommend to a Friend
81%
""
Overall Score
4.1 / 5

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[ We are looking for a Regional Head of CFO Actuarial (m/f/d), based in Chicago

Your Team

AGCS employs the brightest, most passionate people in the insurance industry. We'd love for you to join our growing team! We invest in our people through training and professional development while supporting you along the way-all so you can meet your career goals. To us, the most important measure of our success is yours.

The Impact You Will Have

Reporting to the Chief Reserving Actuary, you will lead and manage the team to deliver timely results, provide understanding and proper business translation into P&L , within a framework of sufficient governance controls and checks. You will lead the regional actuarial reserving team to actuarial technical excellence, complying with NEW AGCS targets. a seasoned professional who drives forward work and initiatives, sets and manages priorities, and oversees and develops global actuarial approaches. You will support work of other team members and manage junior staff. A strong communicator is needed to engage in discussions with senior management and the Board on Management and collaborate with AGCS departments.

Some of your specific responsibilities could include:
  • Lead and manage team
  • Provide active steering of actuarial results
  • Manage relationships and collaborate with all relevant stakeholders, with NA CFO and Global CA
  • Provide Loss Reserving and Analysis
  • Business Performance Measurement and Diagnostics


What You'll Bring to the Role
  • Qualified Actuary
  • 7-10 years of significant industry actuarial management experience, with deep understanding of actuarial practice
  • In depth knowledge of actuarial requirements of an international portfolio, with high volatile segments and challenging data availability.
  • Deep understanding of business financials (e.g. P&L, Capital Reports, etc.), cost management and macroeconomic trends
  • Robust knowledge of principles and practices of other relevant functional areas including Claims, Underwriting, Reinsurance and Accounting (particularly local and international accounting rules as applied to reserving).
  • Proven experience in senior level communication and success driving large assignments
  • Job specific knowledge with regards to market dynamics, standard concepts and approaches, regulations / compliance standards, reporting requirements (e.g. reinsurance and underwriting knowledge, reserving techniques, data flows, etc)
  • Finance and Insurance know-how (ideally P&C) as well as understanding of complexities inherent in an insurance group (consolidation processes, legal vs management view) allowing for cross-departmental thinking and acting
  • Proven experience in international working environment (incl. business trips)
  • Data Modeling & Tools: Ability to understand the business needs and to develop the necessary data tools/models to support the business. (e.g. rate development, risk capital, etc...).

The annualized base pay range for this role is $157,111 - $266,252. The annual base salary range represents a national market range. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AGCS total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.

What's in it for you?

Let's Care About Everything That Makes You, You


We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.

Let's care for your financial wellbeing

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

Let's care for your opportunities to progress

From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.

Let's care for life's twists and turns

From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.

Let's care for our society and our planet

With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.

Care to join us?

Allianz Global Corporate & Specialty (AGCS) is a global corporate insurance carrier and part of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business. Learn more about us by clicking here .

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our company culture.

People with disabilities:

We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email agcsglobalcareers@allianz.com

Recruitment Agencies:

AGCS has an in-house recruitment team, which focuses on sourcing great candidates directly. AGCS does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by the recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly.

#LI-DNP #LI-Hybrid ]
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Working at 

Allianz

Allianz is a globally recognized leader in insurance and asset management, operating in over 70 countries. With a strong emphasis on risk management and financial solutions, Allianz presents exceptional career opportunities for actuaries. Actuaries at Allianz play a vital role in analyzing intricate data, assessing risks, and developing innovative insurance products tailored to the evolving needs of individuals and businesses. By leveraging their advanced analytical skills and expertise, actuaries help shape the company's strategic decisions and drive its success. Joining Allianz as an actuary means becoming part of a diverse and collaborative work environment that encourages professional growth and fosters creativity. Actuaries benefit from comprehensive training and development programs, including support for actuarial exams and continuous learning opportunities, ensuring they stay at the forefront of their field. With a well-established reputation for financial strength and stability, Allianz offers competitive compensation, attractive benefits, and a supportive culture that recognizes and rewards outstanding performance. Actuaries at Allianz contribute to the company's commitment to protecting what matters most to their customers and helping them achieve their financial goals. By choosing a career at Allianz, actuaries have the chance to make a significant impact on the industry, work with a diverse range of professionals, and play a key role in shaping the future of insurance and asset management.

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