Principal Actuarial Analyst - Reinsurance | Fully Onsite

About the role

Join our newly established reinsurance function and make a difference in Actuarial, Finance, and Operations—Drive Innovation, Shape Strategies, and Contribute to Our Success in a Dynamic and Collaborative Environment!

Responsibilities

• Support preparing reinsurance pricing models and performing analysis for flow and block reinsurance transactions
• Enhance processes by developing and automating tools to be used at various stages of pricing and analysis
• Perform sensitivity analysis and product feature testing; summarize and communicate findings in a precise and organized manner to the broader team
• Support due diligence process including but not limited to actuarial appraisals, experience studies, seriatim data, etc. which contribute to the preparation of presentations and reports
• Lead (or support) the modeling and analysis in more technical and complicated projects
• Support reinsurance audit
• Continuously challenge the status quo and stay abreast of regulatory changes that will affect reinsurance decisions
• Liaison with broader actuarial function, including but not limited to actuarial pricing, product development and valuation teams
• Demonstrate a continued desire to learn and develop as a key member of the team
• Utilize artificial intelligence tools and resources (e.g. generative AI)

Requirements

• Four-year degree required in actuarial science, math, physics, economics, engineering, or related field
• 4+ SOA exams passed
• 4+ years relevant experience, working directly for a life/annuity (re)insurance company, or consulting firm
• Proficiency in MS Excel, Access, VBA. Experience programming in SQL, R preferred
• Experience in annuity product development/pricing, AAT, PBR, is a plus
• Experience in reinsurance preferred
• Broad business acumen, with ability to manage multiple diverse projects simultaneously
• High adaptability and agility in a dynamic environment, willingness to be available outside standard work hours when necessary

Qualifications

• You must be legally authorized to work in the U.S. without requiring immigration sponsorship now or in the future.
• This includes holders of H-1B, H4, L-1, L-2, TN, OPT, CPT, and other nonimmigrant visas

Skills

• Business acumen
• Collaboration
• Continuous learning
• Technical proficiency (MS Excel, Access, VBA, SQL, R)
• Project management
• Communication
• Adaptability

Benefits

At Allianz Life, we’re proud to provide a benefits package that supports the True Balance of our employees and their families. We offer:

• A choice of comprehensive medical, dental and vision plan options, flexible spending and health savings accounts
• Tuition reimbursement
• Student loan retirement program
• Generous annual paid leave
• An outstanding 401(k) company match
• Life insurance

Plus, our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias.

Pay

$112,001 - $134,000

Schedule

Full-time