Actuarial Analyst | Hybrid

Allianz Insurance • Saint Louis Park, MN

5d • Hybrid

About The Position

Allianz Life Insurance Company of North America, one of FORTUNE’s 100 Best Companies to Work For, has been keeping its promises since 1896. Today, it carries on that tradition, helping families achieve their retirement income and protection goals with a variety of annuities and life insurance products. As a leading provider of fixed index annuities, Allianz Life is part of Allianz SE, a global leader in the financial services industry with 142,000 employees worldwide.
Retiring with financial security. Living life with confidence. At Allianz Life®, every employee knows these are the things that matter and Allianz gives their employees the tools and opportunities they need to create innovative, industry-leading products, to discover and embrace new trends, and to strengthen the customer experience. As a company, it means creating a culture that is inclusive, where doing the right thing comes naturally, and promoting an environment that develops talent, seeks excellence, encourages smart risks, and recognizes and rewards people for their performance. Doing what matters for employees helps everyone focus on doing what matters most for our customers. Allianz is an equal opportunity employer. Everybody is welcome, regardless of other characteristics such as gender, age, origin, nationality, race or ethnicity, religion, disability, or sexual orientation.
As a starting actuary, you will gain real employee experiences from a top FORTUNE’S "100 Best Companies to Work For" corporation. This includes analyzing annuity and life insurance products, participating in the development and pricing of new products, preparing financial statements, hedging our investments, producing analysis and reports for senior leaders, performing Excel spreadsheet automation and developing complex financial models. With exceptional opportunities and benefits such as: presentation opportunities, access to our senior and executive level leaders, financial education workshops and a professional development series. If you want to be an actuary, this is the place to get you started. Bring your curiosity, flexibility, creativity, self-motivation, detail orientation, and technical brilliance to work with our seasoned actuaries in using industry-leading technology on projects that add value and make a significant impact on our business.

Requirements

• Superior communication, programming and math skills
• The ability to translate results into words
• Experience using Excel, VBA and/ or other programming languages
• A 4-year degree in Actuarial Science, Mathematics or related field
• Completion of 1-2 SOA exams

Nice To Haves

• Leadership experience a plus
• Previous actuarial internship experience
• Successful completion of more than one SOA exam
• Programming or database management experience

Responsibilities

• Assist in preparation of financial reports, memorandums and other required actuarial supporting analyses including:
• New product and filings and rollouts
• Product management actions
• Requests from external auditors, state regulators and rating agencies
• Parent company requests and requirements
• Experience studies and assistance in development of pricing, projection or valuation assumptions
• Design and develop sophisticated modeling techniques in an Actuarial projection software
• Communicate actuarial results to cross-functional areas including:
• Business unit and other Support unit personnel and documentation of the actuarial analysis performed

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees