CORPORATE ACTUARY

Allianz; Lombardia; On-site; EUR 40,000 - 50,000; Full time

Job summary

Allianz Direct is seeking a skilled actuary to support loss reserving and technical provisions for the Italian Branch. You will work in the Finance team, developing techniques and data capabilities to enhance reserve adequacy and portfolio monitoring.

The role requires 2+ years of P&C actuarial experience, fluency in English, and Italian language knowledge. Collaboration with Claims, Pricing, Planning and Controlling is expected, with a strong emphasis on independent work and continuous learning.

Qualifications

• Degree in Mathematics, Statistics or Actuarial Sciences.
• Fluent in English; working knowledge of Italian.
• Strong analytical and communication skills.
• At least 2 years of P&C actuarial experience in loss reserving and technical provision calculations.
• Able to work independently within a growing organization.

Responsibilities

• Loss reserving and technical provision estimation for the Italian Branch.
• Support actuarial function tasks and monitor portfolio performance.
• Develop actuarial techniques ensuring adequacy of reserve levels.
• Collaborate cross-functionally with Claims, Pricing, Planning and Controlling.

Skills

English fluency

Italian knowledge

Analytical skills

Communication skills

Independent worker

Curiosity

Education

Maths/Stats/Actuarial degree

Tools

MS Office

WTW ResQ

SQL

Python

VS Code

AI tools

Job description

In 2019 we embarked on a journey, to build the ‘future of insurance’. At Allianz Direct, our mission is very simple: we want to become the most customer-oriented and efficient insurer on the market. At Allianz Direct we see ourselves as a technology company with an insurance license. With love for data and customer obsession at the core of our culture, we want to deliver an experience that really makes our customers say: “WOW, that was great!”

You will be working within the Finance team supporting the Chief Actuary to develop the actuarial processes and data capabilities for estimating loss reserves and technical provisions, as well as monitoring the portfolio performance for the Italian Branch.

Come and join this dynamic team, develop new techniques, processes and learn about the whole insurance value chain!

KEY RESPONSIBILITIES

• Loss reserving, technical provision estimation and support of Actuarial Function tasks for all the Line of Business particularly for the Italian Branch
• Develop and implement actuarial techniques with a view to ensuring adequacy of reserve levels and monitoring developments
• Work and collaborate cross-functional with Claims, Pricing, Planning and Controlling
• Support the development of the AZ Direct platform with regards to financial reporting

KEY REQUIREMENTS/SKILLS/EXPERIENCE

• Successfully completed studies in Mathematics, Statistics or Actuarial Sciences
• Fluent in English, working knowledge of Italian
• Competency in MS Office, WTW ResQ, SQL, Python or R, VS Code and AI tools
• Fluent in English, working knowledge of Italian
• At least 2 years of experience of P&C actuarial experience in loss reserving and technical provision calculation
• Solid analytical skillset
• Excellent communication skills
• Ability to work independently and efficiently
• High level of reliability
• Open-minded towards new techniques and data investigation within a growing organization
• Motivation and curiosity to dig deeper into problems
• International working experience is a plus

Pursuant to Article 5(1) of Legislative Decree No. 96 of 7 May 2026, as amended and supplemented from time to time, the range applicable to the position offered is between € 40.000 gross and € 50.000 gross.

Employment will be subject to the terms and conditions set forth in the National Collective Labor Agreement for Insurance Companies and the applicable Company Agreement.

The final determination of the starting remuneration will be based on an evaluation of the candidate’s qualifications, skills, and relevant experience in relation to the requirements of the role.

109617 | Actuarial | Professional | Non-Executive | Allianz Direct | 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.

Join us . Let's care for tomorrow.

Both genders may apply in accordance with the L. 903/77 (s.m.i).