Jobs · Finance · Minnesota

Assistant/Associate Actuary - Capital Risk | Hybrid

Allianz Life · Minneapolis, MN · 2 wk ago
HybridFinance$82k–$164k/yrFull-time

About the role

We are seeking an actuary to support our capital management function. This role involves overseeing and maintaining capital reporting for regulatory requirements and rating agencies, analyzing and managing capital impacts of corporate strategies, plans, and structural changes, and leading cross-functional capital projects.

Responsibilities

  • Analyze and manage capital impacts of corporate strategies, plans, and structural changes to influence our capital position over time
  • Lead on cross-functional capital projects across the organization, partnering with: CFO organization and FP&A, CRO and Risk Management, Asset & Investment Management (AIM), Tax and Accounting, Reinsurance and external partners
  • Develop, enhance, and govern capital projection models used for internal management, regulatory filings, and rating agency submissions
  • Transform and improve capital processes, including automation, data integration, and control enhancements (e.g., migration from Excel-based processes to SQL or other scalable platforms)
  • Execute capital efficiencies and optimization opportunities, building partner alignment and gaining support to implement solutions
  • Present capital analysis, executive summaries, and actuarial memoranda
  • Collaborate with enterprise risk teams to ensure consistent stress testing, scenario modeling, and assumptions across risk and capital frameworks
  • Lead projects to simplify legal entity structures and other balance-sheet-related initiatives while navigating complex, cross-disciplinary topics
  • Provide technical guidance, or oversight to junior actuarial or analytical staff

Requirements

  • 8+ years of experience in the actuarial field, with a focus on capital, risk, or financial modeling
  • Bachelor's degree required in Actuarial Science, Mathematics, Statistics, Economics, Engineering, or a related quantitative field
  • ASA designation required; working towards FSA
  • Experience operating beyond pure reporting, being a strategic partner to senior leaders
  • Ability to influence outcomes through collaboration across finance, risk, and investment teams
  • Ability to explain complex capital topics to non-technical audiences

Qualifications

  • Strong collaboration with asset management, reinsurance, financial reporting, FP&A, accounting and many others
  • High visibility role as an important partner in major company projects
  • Outsized exposure to the executive leadership team, CRO, and other leaders across the company
  • Expectation of collaboration within risk, including the credit risk team and financial risk team to ensure consistent risk scenario modeling across the enterprise and with the parent

Skills

  • Strong collaboration with asset management, reinsurance, financial reporting, FP&A, accounting and many others
  • High visibility role as an important partner in major company projects
  • Outsized exposure to the executive leadership team, CRO, and other leaders across the company
  • Expectation of collaboration within risk, including the credit risk team and financial risk team to ensure consistent risk scenario modeling across the enterprise and with the parent

Benefits

  • Comprehensive medical, dental and vision plan options
  • Flexible spending and health savings accounts
  • Tuition reimbursement
  • Student loan retirement program
  • Generous annual paid leave
  • Award-winning campus with discounted amenities
  • Outstanding 401(k) company match
  • Life insurance

Pay

$82,000 - $164,000

Schedule

Full-time

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