Senior Actuarial Analyst - P&C / Reinsurance

Allianz Commercial; Wallisellen, Hinteregg; Hybrid; CHF 130,000 - 170,000; Full time

Benefits offered by this job

Hybrid working model

Bonus scheme

Pension

International career mobility

Job summary

Allianz Commercial in Wallisellen near Zurich seeks a Senior Actuarial Analyst to deepen expertise across risk capital modelling, reserving, and other topics in a collaborative international setting. You will own actuarial topics, contribute to model development, and grow into a recognised expert within a global organisation serving 70+ countries.

You will work in a hybrid environment, driving end-to-end modelling, and mentoring junior staff while delivering high-quality analyses to stakeholders

Qualifications

• Degree in Mathematics, Statistics, Actuarial Science, or related quantitative discipline.
• Progress towards a recognised professional actuarial qualification (e.g., first actuarial exams passed) is an advantage.
• 3-5 years of business experience, preferably across reserving, capital modelling, or pricing.
• Experience across multiple lines of business and ideally multiple types of business (P&C, reinsurance, corporate insurance).
• Demonstrated contribution to development, enhancement, and implementation of actuarial models, analyses, and processes.
• Strong quantitative financial and risk modelling skills, including stochastic modelling techniques.
• Ability to communicate actuarial results clearly to stakeholders at various levels.
• Solid finance and insurance know-how, ideally in P&C and understanding consolidation, legal vs. management view.
• Knowledge of market dynamics, standard actuarial concepts, regulations, and reporting requirements (reinsurance, underwriting, data flows).
• Advanced computer skills including MS Office (incl. VBA) and Matlab, R, SQL, or Java.
• Experience in an international working environment and cross-border collaboration.
• Proficiency in English; a second language is a plus.
• Familiarity with AI-assisted actuarial tools, data analytics platforms, or automation workflows.

Responsibilities

• Prepare and perform actuarial analyses for assigned business area with documentation and stakeholder communication.
• Drive actuarial topics end-to-end—from stochastic modelling to discounting technical provisions.
• Develop and enhance global actuarial approaches, processes, and models.
• Support projects through documentation and testing to ensure quality and consistency.
• Promote collaboration with Group, Underwriting, Claims, and CFO functions to align actuarial drivers with financials.
• Keep abreast of market practice and drive innovation within the actuarial function.
• Peer review team work and mentor junior actuarial staff.
• Identify and suggest process improvements based on business understanding.

Skills

Quantitative modelling

Actuarial analysis

Communication to stakeholders

Cross-border collaboration

English proficiency

AI-assisted actuarial tools

MS Office VBA

Education

Mathematics/Statistics/Actuarial Science degree

Actuarial qualification progress

Tools

MATLAB

R

SQL

Java

MS Office (incl. VBA)

Job description

Are you an actuarial professional looking to deepen your expertise across a broad range of topics - from risk capital modelling to reserving - within a complex, international insurance environment? Join Allianz Risk Transfer (ART) in Wallisellen (Zurich), as a full-time Senior Actuarial Analyst and become part of a collaborative, specialist team at the forefront of corporate insurance and reinsurance. In this role, you will take ownership of assigned actuarial topics, contribute to model development and process improvement, and grow into a recognised expert actuary within a global organisation serving clients across 70+ countries.

What You’ll Do

• Prepare and perform actuarial analyses for your assigned business area, including full documentation, communication, and explanation of results to relevant stakeholders.
• Drive assigned actuarial topics end-to-end - from stochastic modelling of underwriting risk to the discounting of technical provisions - under the guidance of the team and Chief Actuary.
• Develop and enhance global actuarial approaches, processes, and models to improve accuracy and efficiency.
• Support projects through documentation and testing, ensuring quality and consistency across deliverables.
• Promote close collaboration with business areas across Group, Underwriting, Claims, and CFO functions to foster mutual understanding of how business developments impact actuarial drivers in the financials.
• Keep abreast of leading market practice and drive innovation within the actuarial function.
• Peer review work from fellow team members and provide mentoring and guidance to junior actuarial staff.
• Actively identify and suggest process improvements, leveraging your growing understanding of the business and its operations.

What You'll Bring

• Degree in Mathematics, Statistics, Actuarial Science, or a related quantitative discipline - or equivalent experience.
• Progress towards a recognised professional actuarial qualification (e.g., first actuarial exams passed) is an advantage.
• 3-5 years of business experience, preferably spanning multiple actuarial areas such as reserving, capital modelling, or pricing.
• Experience across multiple lines of business and, ideally, multiple types of business (e.g., P&C, reinsurance, corporate insurance).
• Demonstrated contribution to the development, enhancement, and implementation of actuarial models, analyses, and processes.
• Strong quantitative financial and risk modelling skills, including knowledge of stochastic modelling techniques.
• Ability to communicate actuarial results clearly and effectively to stakeholders at various levels of seniority.
• Solid finance and insurance know-how, ideally in P&C, with an understanding of the complexities inherent in an insurance group (consolidation processes, legal vs. management view).
• Job-specific knowledge of market dynamics, standard actuarial concepts, regulations and compliance standards, and reporting requirements - including reinsurance and underwriting knowledge, reserving techniques, and data flows.
• Advanced computer skills including MS Office (incl. VBA) and relevant expert systems such as Matlab, R, SQL, or Java.
• Experience in an international working environment, including comfort with cross-border collaboration.
• Proficiency in English; a second language is considered an asset.
• Familiarity with AI-assisted actuarial tools, data analytics platforms, or automation workflows is a plus.

What’s in it for you?

Let’s Care About Everything That Makes You, You

We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.

Let’s care for your financial wellbeing

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

Let’s care for your opportunities to progress

From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.

Let’s care for life’s twists and turns

From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.

Let’s care for our society and our planet

With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.

Care to join us?

Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

People With Disabilities

We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email [e-mail]