Regulatory Filing Actuary

Allianz Popular SL.; Chicago (IL); Hybrid; USD 130,000 - 170,000; Full time

Job summary

Allianz Commercial is seeking a Regulatory Filing Actuary to support regulatory filings, pricing strategies, and actuarial analyses for commercial products. The role emphasizes collaboration with business units, development of filing strategies, and mentoring junior staff in a dynamic, hybrid environment.

The position requires a strong actuarial background, US pricing experience, and ACAS designation or progress toward it.

Qualifications

• Bachelor’s or higher in Mathematics/Statistics or related field.
• ACAS designation in good standing or in progress.
• 3 years of actuarial pricing experience in the US with complex rate filings.

Responsibilities

• Keep abreast of market practices and drive innovation.
• Collaborate with Group, UW, MM, CFO to understand actuarial drivers in financials.
• Lead your area or project and mentor juniors.
• Develop global pricing approaches and rate filing processes.
• Prepare actuarial rate filing analyses and document results.
• Peer review colleagues’ work and provide guidance to juniors.

Skills

Regulatory pricing

Actuarial pricing

Project management

Communication

AI/ML awareness

Collaborating with business areas

Education

Bachelor’s degree in Mathematics/Statistics

Master’s degree preferred

ACAS designation (or in progress)

Tools

MS Office (VBA)

Matlab

R

SQL

Java

Job description

Your Team

We are looking for a Regulatory Filing Actuary, based in Alpharetta, Chicago or New York

The Impact You Will Have

As a Regulatory Filing Actuary, you will use your actuarial experience, knowledge of external market forces, and awareness of industry trends, to assist management with developing business strategies and with solving complex business problems. You will be responsible for consulting with line of business experts to develop rates, rules, rating plans, actuarial support, and regulatory filing strategies for new and existing commercial products. You will complete required actuarial memoranda and exhibits for insurance department rate filings, respond to insurance department inquiries and objections to achieve successful outcomes and assist with the preparation of regulatory data call submissions.

Some of your specific responsibilities could include

• Keeping abreast of leading market practices and driving innovation.
• Promoting close collaboration and interaction with the various business areas (Group, UW, MM, CFO, etc.) to foster mutual understanding of how business developments impact actuarial drivers in the financials.
• Managing and driving forward own area of responsibility or project.
• Developing global actuarial pricing approaches and processes to rate filings, as well as enhancing actuarial models and analyses for rate filing purposes.
• Preparing and performing Actuarial rate filing analysis for assigned business area, including documentation, communication and explanation of results.
• Peer reviewing work from other team members, as well as mentoring and providing guidance to junior team members.

What You’ll Bring to the Role

• Bachelor’s Degree (ideally Master’s) preferably in Mathematics, Statistics or other appropriate discipline or qualified by experience in related discipline;
• Accredited member of the Casualty Actuarial Society in good standing or are in progress toward accreditation;
• 3 years of actuarial pricing experience in the US, including at least 3 years of experience with standard commercial lines rate filings in states with complex actuarial and regulatory requirements;
• Excellent project management skills, including ability to maintain progress on multiple projects;
• Extensive computer skills (e.g., MS Office including VBA and relevant expert systems such as Matlab, R, SQL, Java, etc.);
• Ability to identify patterns and root causes in complex (e.g., ambiguous, from various sources) data and processes to rapidly distill key issues and provide insight in various situations, anticipating and resolving issues before they transpire;
• Ability to identify and initiate appropriate actions to remediate issues that can be abstract / ambiguous and follow through on their remediation. Ability to anticipate and resolve issues before they transpire;
• Excellent oral and written communication skills, with an ability to understand and convey information clearly and effectively with respect to the audience/level of management;
• Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision-making is highly beneficial;
• Ability to persuade and motivate others without direct authority.

Applicants must be legally authorized to work in the United States without the need for current or future employment-based sponsorship. We are unable to sponsor or take over sponsorship of employment visas at this time, nor can we guarantee future sponsorship.

The annualized base pay range for this role is $130,000– $170,000. The annual base salary range represents a nationwide market range. The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.

95751 | Actuarial | Professional | Allianz Commercial | Full-Time | Permanent

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.

Join us.

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]

We therefore welcome applications regardless of race, 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.

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