Regulatory Filing Actuary

Allianz Insurance•Remote, IL

3d•$130,000 - $170,000•Hybrid

About The Position

The Regulatory Filing Actuary joins Allianz Commercial’s Technical Pricing Certification team, part of the Global Pricing team. The team works to deliver Allianz Commercial’s strategic vision of technical pricing excellence, including a robust rate filing framework. The role uses actuarial experience, knowledge of external market forces, and awareness of industry trends to support management in developing business strategies and solving complex business problems. The actuary consults with line-of-business experts to develop rates, rules, rating plans, actuarial support, and regulatory filing strategies for new and existing commercial products. The role prepares actuarial memoranda and exhibits for insurance department rate filings, responds to insurance department inquiries and objections, and supports regulatory data call submissions. This position is based in Alpharetta, Chicago, or New York, and follows a hybrid working model. The annualized base pay range is $130,000–$170,000, with actual salary determined by factors such as role scope and location, skills, education, credentials, and experience. Employees are also eligible for annual performance-based cash incentive awards.

Requirements

Bachelor’s degree, preferably in Mathematics, Statistics, or another appropriate discipline; a Master’s degree is ideal, or equivalent qualification by experience in a related discipline.
Accredited member in good standing of the Casualty Actuarial Society, or currently progressing toward accreditation.
At least 3 years of US actuarial pricing experience, including at least 3 years of experience with standard commercial lines rate filings in states with complex actuarial and regulatory requirements.
Excellent project management skills, including the ability to maintain progress across multiple projects.
Extensive computer skills, including MS Office and VBA, and relevant expert systems such as Matlab, R, SQL, or Java.
Ability to identify patterns and root causes in complex or ambiguous data and processes, distill key issues, provide insight, and anticipate and resolve issues.
Ability to identify and initiate appropriate actions to remediate abstract or ambiguous issues and follow through on remediation.
Excellent oral and written communication skills, with the ability to convey information clearly and effectively for the audience and management level.
Ability to persuade and motivate others without direct authority.
Must be legally authorized to work in the United States without current or future employment-based sponsorship.

Nice To Haves

Experience applying artificial intelligence and machine learning to improve business processes and decision-making.

Responsibilities

Keep abreast of leading market practices and drive innovation.
Collaborate with business areas, including Group, underwriting, MM, and CFO teams, to build understanding of how business developments affect actuarial drivers in financial results.
Manage and advance assigned areas of responsibility or projects.
Develop global actuarial pricing approaches and rate-filing processes, and enhance actuarial models and analyses for rate-filing purposes.
Prepare and perform actuarial rate-filing analysis for assigned business areas, including documenting, communicating, and explaining results.
Consult with line-of-business experts to develop rates, rules, rating plans, actuarial support, and regulatory filing strategies for commercial products.
Prepare required actuarial memoranda and exhibits for insurance department rate filings.
Respond to insurance department inquiries and objections to achieve successful outcomes.
Assist with regulatory data call submissions.
Peer-review team members’ work, mentor colleagues, and provide guidance to junior team members.