Assistant Actuary

Welcome to the world of Allianz, a leading global insurance company committed to protecting what matters most to our clients. We are seeking a highly motivated and detail-oriented Assistant Actuary to join our team. As an Assistant Actuary at Allianz, you will play a crucial role in analyzing data, assessing risks, and developing strategies to support our business objectives. This position requires a strong analytical mindset, excellent communication skills, and a passion for problem-solving. If you are looking for a challenging and rewarding opportunity in the insurance industry, we would love to hear from you.

1. Conduct data analysis to identify trends and patterns in insurance data.
2. Collaborate with the Actuary team to assess risk and develop strategies to mitigate potential losses.
3. Utilize statistical models and software to create forecasts and projections.
4. Maintain accurate and up-to-date records of all data and analysis.
5. Communicate findings and recommendations to internal stakeholders and clients.
6. Analyze and interpret complex insurance policies and regulations.
7. Develop and maintain actuarial models to support business decisions.
8. Stay up-to-date with industry trends and changes in regulations related to insurance.
9. Assist in the preparation of reports and presentations for senior management.
10. Collaborate with other departments, such as underwriting and claims, to support business objectives.
11. Participate in cross-functional projects to improve processes and systems.
12. Ensure compliance with all applicable laws, regulations, and industry standards.
13. Train and mentor junior actuarial staff.
14. Continuously seek opportunities for professional development and growth.
15. Uphold the company's values and promote a positive work culture.

According to JobzMall, the average salary range for a Assistant Actuary in Minneapolis, MN, USA is $70,000-$85,000 per year. However, this can vary depending on the specific company, years of experience, and other factors. Factors such as obtaining certifications, advanced degrees, and job performance can also impact the salary range.

Allianz SE engages in the provision of insurance and investment advisory services. It operates its business through following segments: Property-Casualty, Life/Health, Asset Management, and Corporate and Other. The Property-Casualty segment offers motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel insurance.