Allianz Apprenticeship Programme
Business Functions - Property and Casualty Actuarial
About the Role:
Are you a recent diploma graduate eager to kickstart your career in the dynamic field of actuarial science? Join our team in the Asia Pacific Property & Casualty division, where you'll gain hands-on experience in corporate actuarial topics, including reserving, technical reporting (IFRS17), planning and controlling. This role offers a unique opportunity to work on impactful projects and develop your skills in a supportive environment.
What you do
- Data Preparation and Template Management: Gain hands-on experience by preparing data and completing templates for Reserves Review. This task will help you develop strong data management skills and an understanding of key actuarial processes.
- Performance Tracking and Analysis: Learn to set up and monitor quarterly reserve Key Performance Indices (KPIs) and conduct performance analysis for Lines of Business (LOB). You'll use industry-standard tools like Power BI to track metrics such as Gross Written Premium, Combined Ratio, Loss Ratio, and Expense Ratio, enhancing your analytical capabilities.
- Claims Data Collection and Verification: Collect and verify crucial information on claims, including attritional, large, and catastrophe claims. This project will enhance your understanding of claims data.
- Reinsurance Process Enhancement: Contribute to improving the reinsurance process by focusing on the accuracy and timeliness of Catastrophe data submissions. You'll also assist in refining AZAP reinsurance pricing tools, gaining insights into the intricacies of reinsurance operations.
- Support for Business-As-Usual Activities: Engage in regular actuarial activities such as quarterly closing, analysis, commentaries, and product approval. This involvement will give you a well-rounded understanding of the daily operations and decision-making processes in the actuarial field.
What you learn/gain
- Mentorship and Training: Benefit from guidance and mentorship from experienced professionals eager to help you grow and succeed.
- Professional Development: Access to training programs and resources to enhance your technical and soft skills.
- Dynamic Work Environment: Be part of a collaborative team where your contributions are valued and recognized.
- Career Growth Opportunities: Explore various career paths within the company and develop a strong foundation for your future.
What you bring
- Recent Graduates: Diploma in Mathematics, Statistics, Finance, Economics or a related field.
- Strong mathematical proficiency: solid understanding of probability, statistics, and financial mathematics. Strong interest in actuarial principles and methodologies would be desirable.
- Analytical Thinkers: Strong analytical skills and attention to detail.
- Eager Learners: Enthusiasm for learning, modeling and forecasting with actuarial, and adapting to new challenges,
- Team Players: Ability to work effectively in a team-oriented environment.
- Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint)
What we offer
- Be part of a team that’s open-minded, supportive, and genuinely focused on customer outcomes.
- A sense of belonging in the workplace, where you are welcomed and encouraged to bring your most authentic self to work.
- An employer that is committed to supporting hybrid work and readily provides flexible & remote work options.
- Access to LinkedIn Learning and Degreed and career opportunities across the world, to support your continuous learning and you taking control of your career development.
- Robust and comprehensive benefit offerings for your health and well being
- Initiatives to support your financial wellness through selected discounted Allianz insurance products, pension contributions and our referral bonus scheme.
- The opportunity to take part in our Employee Share Purchase Program - own a piece of your employer.
Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.
We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matt er
where you are from, what you look like, who you love or what you believe in.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation.
Join us.
Let's care for tomorrow.
