Capital Actuary Manager

Allianz; Jakarta Pusat; On-site; Confidential; Full time

Job summary

Allianz Indonesia seeks an experienced risk management professional to lead solvency and economic capital analysis. The role involves pricing and reviewing capital adequacy, performing stress testing with ORSA, and ensuring governance of models and assumptions across life insurance portfolios.

Candidates should have a strong actuarial background, IFRS17 knowledge, and experience with embedded value. Life insurance experience is preferred, with an interest in AI technologies to enhance risk

Qualifications

• At least 10+ years in actuarial or risk management roles.
• Degree in Actuarial/Math/Statistics/Finance or related field.
• Experience with IFRS17 and embedded value reporting.
• Solvency calculation experience and stress testing knowledge.
• Actuarial qualification (Associate/Fellow) preferred.
• Life insurance experience preferred.
• Interest or experience in Artificial Intelligence (AI/GenAI).

Responsibilities

• Solvency/economic capital risk calculation and analysis.
• Produce periodic economic capital review and movement analysis for efficiency.
• Execute stress scenarios with ORSA review for capital resilience.
• Monitor economic capital triggers/limits and related assessments.
• Maintain model/assumption governance: controls, logs, auditable outputs.
• Review RoE and capital KPI indicators.

Skills

10+ years in actuarial or risk mgmt

IFRS17 knowledge

Embedded value knowledge

Solvency calculation experience

Actuarial reporting experience

Life insurance experience

AI/GenAI interest

Education

Degree in Actuarial/Math/Statistics/Finance or related

Actuarial qualification (Associate/Fellow) preferred

Job description

Key Reponsibilities:

• Solvency/economic capital risk calculation and analysis


• Produce periodic economic capital review and movement analysis for efficiency improvement


• Execute stress scenarios with ORSA review for capital resilience under shocks


• Monitor economic capital triggers/limits, as well as other assessment related to capital requirements


• Maintain model/assumption governance: controls, documentation, change log, auditable outputs


• Review RoE and capital KPI indicators

Requirements:

• 10+ years in actuarial or risk management role


• Degree in Actuarial/Math/Statistic/Finance or related


• Experienced actuarial reporting with knowledge on IFRS17 and embedded value basis


• Experience in solvency calculation (economic model such as Eurpean or US is a plus), stress test, and financial projections (life insurance prefereed)


• Actuarial qualification (Associate/Fellow) preferred


• Life insurance experience is preferred


• Possess skill for Artificial Intelligence or GenAI or AI

92738 | Risk Management | Professional | Non-Executive | Allianz Indonesia | Full-Time | Permanent

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.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

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.

Note: Having different strengths, experiences, perspectives and approaches is an integral part of Allianz' company culture. One means to achieve this is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company expects from its employees a general openness and a high motivation to regularly change positions and collect experiences across Allianz Group.