Job Description
Allianz plc The Opportunity Are you a skilled actuary with a passion for risk management? Do you thrive in dynamic environments where your expertise directly influences critical business decisions? If so, why not consider an opportunity on our Quantitative Risk team at Allianz plc as a Risk Actuary. Reporting to the Head of Quantitative Risk, you will play a pivotal role in the Risk Management Function (RMF). Your key responsibilities will include: Risk Capital Management: Ensuring optimal allocation and management of risk capital. Scenario Analysis & Accumulation Risk Management: Conducting thorough scenario analyses and managing accumulation risks to inform strategic decisions. Monitoring & Reporting: Regularly monitoring and reporting on risk metrics to provide actionable insights. Internal Model Development & Validation: Continuously developing and validating Allianz plcs Internal Model to maintain its robustness and compliance. With the increasing complexity of financial markets, regulatory changes, and the evolving risk landscape, this role has gained heightened significance, offering you the opportunity to provide essential input for key business decisions. At Allianz Ireland, our Risk Management Function is dedicated to supporting the business by delivering cutting-edge solutions for managing, controlling, and mitigating risks. By joining our Quantitative Risk team, you will be at the forefront of shaping our risk management strategies and ensuring our continued success in a rapidly changing world. We recognize the unique strengths each team member brings and are committed to creating a role that aligns with your skills and career goals. Role Information The position is based in Allianz House, Elmpark, Merrion Road, Dublin 4 and also offers the opportunity to work from home under the new Allianz hybrid working model. Key Responsibilities Quarterly Closing, Projection, and Annual Planning: Manage the quarterly closing, projection, and annual planning of Internal Model risk capital. Prepare associated reports for management and the Allianz plc Risk Committee in cooperation with the Allianz Group Risk function located in Germany. Capital Management Initiatives: Provide advanced contributions to capital management initiatives. Scenario Analyses & Stress Testing: Conduct scenario analyses and stress testing of key risks. Further develop the quantitative risk limit framework to effectively mitigate risks in close collaboration with the business and support adherence to the companys risk appetite. Internal Model Calibration & Validation: Calibrate the Allianz plc Internal Model for individual risk types and conduct related model validation activities. Collaboration: Work closely with a diverse and experienced team of actuarial and risk professionals, as well as colleagues from Finance, Actuarial, and Underwriting functions. Engage with Allianz Groups central functions in Germany to ensure alignment and integration of risk management practices. Innovation: Contribute to the development of state-of-the-art solutions for risk management, control, and mitigation. What We Offer An integral role within a highly respected and international Risk Management team. A supportive environment that values collaboration and innovation. Opportunities for professional growth and development. The chance to make a significant impact on Allianz plcs risk management strategies. A tailored scope of responsibility es that can be adjusted to fit your strengths and career aspirations. Essential Experience Proven experience in risk management or actuarial roles. Strong analytical and quantitative skills. Excellent communication and collaboration abilities. A proactive approach to problem-solving and decision-making. Persistent attitude to identify potential to best possible reflect and model risks Excellent communication and report writing skills Regulatory Notice Appointment to this role will be subject to the requirements provided for by the Central Bank of Ireland. This role is a Control Function (CF2) and is subject to F&P Standards. This includes the requirements provided for by the Central Bank (Individual Accountability The successful candidate will be provided with the relevant Conduct Standards (including Additional Conduct Standards) training, where required. Allianz plc. is regulated by the Central Bank of Ireland. Skills: Analytical Reasoning Risk Managment Data Analysis Benefits: Work From Home Pension Fund Parking Paid Holidays Meal Allowance / Canteen Laptop / WFH Equipment Healthcare