Life Actuary - Life Reserve Calculation Milano

Life Actuary - Life Reserve Calculation
Milano
Lombardia, Milano

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