This job is with Allianz Commercial, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.Job Title:New Business Reporting ActuaryRole Type:Full time / PermanentPosition Reports To:Senior Manager AGL Actuarial ReportingDepartment:Actuarial FunctionLocation:AGL Head Office, Maple House, Temple Road, Blackrock, Co. Dublin.Main Purpose of the JobThe Actuarial Function of Allianz Global Life dac ("AGL") services both AGL and Allianz Darta Savings Life Assurance ("Darta"). AGL is a cross-border life insurer with products sold into the French, Italian, German, Greek and more recently Irish and Lithuanian markets. It also reinsures a portfolio of variable annuities sold in Japan, Taiwan and the Philippines. It currently writes unit linked, variable annuity and protection business. Darta underwrites a large book of unit-linked business in Italy and is co-located with AGL.The role reports to the Senior Manager, AGL Actuarial Reporting, and is responsible for actuarial engagement in new business-related topics, including new business reporting (under Solvency II and IFRS 17), while also supporting project initiatives as needed.Responsibilities Will Include Some Or All Of The FollowingAct as the main point of contact to the Product Development Team, ensuring new product proposals are reviewed and implemented appropriately within the actuarial reporting framework;Production of new business reporting metrics e.g. Profitability (NBM, VNB etc) and Return on Capital (RoRC), explaining the results via detailed movement analysisPrepare Group and local management reports and presentations explaining the new business metricsProviding actuarial support on various project initiatives linked to the Company's ongoing development, e.g. giving actuarial inputs during product formation, advising regarding impacts on profitability, reserving etc.Support annual actuarial assumption setting process, particularly with respect to new products and comparing pricing and reserving assumptions;Assisting the HoAF in delivering required actuarial opinions e.g. underwriting/reinsurance/technical provisions;Support the production of the annual Actuarial Function Report and IFRS Reporting Actuary's Report;Assisting in preparation of reports/slides for Management and Board Committee meetings, in particular the Product Approval Committee;Engaging with senior stakeholders, eg. HoAF, CFO, CRO, Head of Pricing etc. as required to explain new business metrics or other aspects outlined above;Operation of adequate controls and procedures in line with Allianz governance frameworks;This job description shall not limit the duties which may be assigned to this role. The successful candidate shall be required to perform on a temporary or permanent basis such additional or different duties that the Company may reasonably assign to them from time-to-time.Key Performance IndicatorsAccuracy and attention to detail: The work undertaken is technical and requires calculations and workings to be conducted within a controlled environment. Communication of results requires accuracy, attention to detail and importantly tailoring work to the needs of the recipient. A primary measure of performance is how the individual delivers on these requirements. The position holder is expected to display the skills of questioning, spotting errors and explaining results - taking ownership of the quality of delivery.Productivity: (i) Proactively seek to increase own level of output and team contribution (ii) Meet delivery times while maintaining accuracy (iii) Share workload evenly with other team members - particularly at busy times.Agile Approach: Tasks and requirements are varied and likely to evolve in line with business needs - the position holder is expected to be solution orientated and to work closely with colleagues to drive incremental progress.Personal Development: Display ongoing development working with managers, engaging with internal programs and importantly taking ownership of your own development. Build a respected personal profile within the company.Key CustomersInternal: Senior Manager AGL Actuarial Reporting, Head of Actuarial Function and wider Actuarial Team, Product Development Team, Risk Team and other relevant personnel.Business CompetenciesEducation & QualificationsNewly/Nearly Qualified ActuaryProfessional CompetenceLife insurance experienceActuarial modelling experienceReporting experienceAssumption setting experienceProduct and Technical KnowledgeStrong technical understanding in core actuarial disciplinesKnowledge of various life products e.g. Unit Linked and Protection products, Variable Annuity (beneficial)Exposure to Solvency II / IFRS17 guidance and CBI requirementsExperience with guarantees and or hedging processes (beneficial)Commercial AwarenessAn understanding of industry best practices towards various Actuarial techniquesPersonal CompetenciesOrganisationStrong organisational skills required with ability to work on own initiative.FlexibilityFlexible and adaptive to changing requirements.CommunicationExcellent Communication Skills And Attention To Detail Required.Stakeholder ManagementAbility to build strong relationships with key stakeholders.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.We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation. Great to have you on board. Let's care for tomorrow.