Principal Actuarial Analyst

Welcome to Allianz, where we are dedicated to providing innovative and sustainable solutions for our clients' risk management needs. We are currently seeking a highly skilled Principal Actuarial Analyst to join our team and play a crucial role in driving our business forward. As a global leader in the insurance industry, we are looking for a dynamic individual who is passionate about utilizing their analytical skills to make a positive impact on our company and clients. If you have a strong background in actuarial science and are looking for a challenging and rewarding career, we encourage you to apply for this exciting opportunity.

1. Conduct actuarial analysis and provide insights to support the development of innovative solutions for our clients' risk management needs.
2. Collaborate with cross-functional teams to develop and implement data-driven strategies to improve business performance.
3. Conduct research and analyze industry trends to identify potential areas for growth and improvement.
4. Develop and maintain actuarial models and tools to support business decision-making.
5. Review and validate actuarial calculations and assumptions to ensure accuracy and compliance with regulatory requirements.
6. Communicate complex actuarial concepts and findings to non-technical stakeholders, including senior management and clients.
7. Stay updated on industry developments and changes in regulations to ensure compliance and inform business strategy.
8. Mentor and train junior actuarial analysts to develop their skills and knowledge.
9. Collaborate with the pricing team to develop competitive and profitable pricing strategies.
10. Participate in company-wide initiatives and projects to drive business growth and innovation.
11. Provide guidance and support to other departments on actuarial matters, such as product development and financial reporting.
12. Identify and implement process improvements to increase efficiency and accuracy in actuarial analysis.
13. Work with external auditors and regulatory bodies to provide necessary data and support for audits and compliance.
14. Represent the company in professional organizations and conferences to stay updated on industry best practices and enhance the company's brand and reputation.

According to JobzMall, the average salary range for a Principal Actuarial Analyst in Minneapolis, MN, USA is between $99,000 and $135,000 per year. Factors such as experience, education, and specific job responsibilities can affect salary within this range. Additionally, bonuses and other benefits may also be included in the total compensation package for this position.

Allianz SE engages in the provision of insurance and investment advisory services. It operates its business through following segments: Property-Casualty, Life/Health, Asset Management, and Corporate and Other. The Property-Casualty segment offers motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel insurance.