Reinsurance Underwriter / Actuary

Allianz Reinsurance; Dublin; On-site; EUR 70,000 - 110,000; Full time

Job summary

Allianz Re Dublin dac is seeking a Reinsurance Underwriter/Actuary to join the Dublin team. You will underwrite and price non-life proportional and non-proportional treaty reinsurance, collaborate with a specialist team, and engage in technical pricing opinions.

The role requires actuarial qualification or progress toward qualification and at least 3 years in non-life actuarial roles. As part of Allianz Re, you will work with colleagues across the Group, participate in pricing models, and

Qualifications

• 3+ years' relevant experience in actuarial roles within the non-life insurance industry.
• Proven experience in reinsurance underwriting and pricing.
• Ability to communicate and deliver technical solutions to stakeholders.

Responsibilities

• Analyse Property & Casualty reinsurance treaty submissions and present findings to stakeholders.
• Conduct transaction pricing using Allianz Re pricing tools and develop bespoke pricing models.
• Collaborate with the local specialist team to support technical pricing opinions.
• Build relationships with colleagues across Allianz Re Group and internationally.
• Review and contribute to policy wordings for internal treaty reinsurance.
• Engage in continuous improvement to optimise processes and outcomes.
• Share knowledge and tools with colleagues while developing expertise.
• Collaborate with Finance to ensure correct pricing allocation.

Skills

Pricing techniques

Stakeholder communication

Time management

Education

Actuary qualification (or part-qualified)

Job description

The Allianz Group is a global financial services provider with services predominantly in the insurance and asset management business. Allianz SE, the parent company, is headquartered in Munich, Germany.

Allianz Re Dublin dac is Allianz's specialist subsidiary for reinsurance business, based at Allianz House, Elmpark, Merrion Road, Dublin 4. The Company is regulated by the Central Bank of Ireland.

The Opportunity: Reinsurance Underwriter / Actuary

We are seeking a talented Reinsurance Underwriter / Actuary to join our team in Dublin. In this role, you will underwrite and price non-life proportional and non-proportional treaty reinsurance business, working alongside a specialist team of reinsurance underwriters and actuaries.

Key Responsibilities:

• Analyse Property & Casualty reinsurance treaty submissions and present clear, well-structured findings to stakeholders.
• Conduct transaction pricing using standard Allianz Re pricing tools, while also developing bespoke pricing models to enhance accuracy and efficiency.
• Collaborate closely with the local specialist team to establish and support technical pricing opinions.
• Build and maintain strong working relationships with colleagues across Allianz Re at Group level and internationally.
• Review and contribute to the development of policy wordings for internal treaty reinsurance business.
• Engage in continuous improvement initiatives to optimise processes and outcomes.
• Share technical knowledge and tools with colleagues, while actively developing your own expertise.
• Collaborate with Finance and Accounting to ensure reinsurance pricing is allocated and treated correctly.

Key Requirements / Skills & Experience

• Qualified or part-qualified Actuary
• Minimum of 3 years' relevant experience in actuarial roles within the non-life insurance industry
• Proven experience in reinsurance underwriting and pricing
• Strong time management skills with the ability to plan and prioritise workload effectively
• Demonstrated ability to communicate and deliver technical solutions to business stakeholders
• In-depth understanding of the reinsurance market, including key competitors, industry trends, and the regulatory landscape

Allianz Re Dublin dac. is regulated by the Central Bank of Ireland.

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.