Senior Actuarial Analyst

Allianz Owings Mills , MD 21117

Posted 2 weeks ago

USAOwings Mills MD 21117800 Red Brook Blvd.Euler Hermes North America2019-03-31T00:00:000falseEuler Hermes, the world's leading provider of credit insurance services, helps its customers around the globe to trade wisely and develop their business safely. With 6,000 employees from more than 70 nationalities, in over 50 countries, Euler Hermes offers a complete range of services for the management of B-to-B trade receivables.~crlf~Euler Hermes has developed a credit intelligence network to analyze the financial stability of 40+ million businesses across the globe.

Euler Hermes, a company of Allianz, is rated AA by Standard & Poor's.~crlf~At Euler Hermes, we are committed to support our employees in every step of their professional journey, provide tailor-made development programs and open gateways to international opportunities. We encourage them to take ownership and accountability, and to dare to make a difference!~crlf~For more information visit Hermes is North America's largest provider of trade credit insurance. With more than 125 years of experience, we are well-positioned to offer our customers customized solutions that will help them improve their financial health and protect their cash flow.

We offer great employment opportunities for driven individuals who are interested in making a difference. Come join 400+ colleagues on our growth and transformation journey!~crlf~Euler Hermes North America is an Equal Opportunity Employer.~crlf~If you are interested in the position above and think you have the right profile please follow the online application process. For more detailed information on the company and our career opportunities please go to our website: is the home for those who dare a supportive place where you can take the initiative to grow and to actively strengthen our global leadership position.

By truly caring about people both its 88 million private and corporate customers and more than 140,000 employees Allianz fosters a culture where its employees are empowered to collaborate, perform, embrace trends and challenge the industry. Our main ambition is to be our customers' trusted partner, instilling them with the confidence to grow. If you dare, join us at Allianz Group.~crlf~~crlf~Allianz is an equal opportunity employer.

Everybody is welcome, regardless of other characteristics such as gender, age, origin, nationality, race or ethnicity, religion, disability, or sexual orientation.Euler Hermes North America-(3) years of experience in the actuarial field or three (3) years of risk management control ling experience involving European Union's Solvency II Directive~crlf~-Must have some experience working with Own Risk and Solvency Assessment (ORSA); Solvency II Technical Provisions and reporting requirements; calculating credit risk, reserve risk, premium risk, and market value margin; and with risk-based pricing methodologies~crlf~-Proficiency with Excel and Access/SAS. Demonstrated working knowledge of loss reserving software and database management. Demonstrated organizational and time management skills. ~crlf~-Bachelor's degree or foreign equivalent in Mathematics, Statistics, Actuarial Science, Finance or a related field-Prepare quarterly financial reports to parent company to insure compliance with Solvency II Technical Provisions and controlling requirements.

Provide weekly reports to management regarding filed claim activity. ~crlf~-Evaluate case reserves monthly in order to analyze trends within the claims data. Maintain claims databases, run queries on the databases, and produce reports about the data within the databases. ~crlf~-Assist in evaluating incurred but not reported (IBNR) reserves monthly to establish a proper level of these reserves by product line. ~crlf~-Assist the finance department in the monthly closing of the financial accounts. ~crlf~Assist in completing timely and accurate quarterly reserve reviews that are supplied to management.~crlf~-Provide data and calculations required by the external auditors in support of published financial numbers at each quarter end and year end. ~crlf~-Provide data requested by the finance department in support of monthly loss reporting package that is sent to the parent company. ~crlf~-Provide support to the finance department in the preparation of the regulatory reporting requirements of the US and Canada. ~crlf~-Develop knowledge of the data elements used by the risk capital model of the parent company in order to complete the Solvency II requests. ~crlf~-Review historical loss/expense experience in evaluation of new product pricing. ~crlf~-Analyze loss experience by business segmentation to develop opinion on underwriting. ~crlf~-Travel 1-2 times per year internationally for training and/or department meetings.Assist VP/Actuary in evaluating the company's loss reserves levels, and assist in the completion of internal and external loss reporting requirements. Assist the VP/Actuary in producing the required loss-related items to satisfy the increased oversight brought on by the European Union's Solvency II regulation including the year-end and quarterly reports for the parent company's review. Prepare annual Own Risk and Solvency Assessment (ORSA) report and the Underwriting Opinion on Pricing for Euler Hermes North America Insurance (EHNA) to the parent company./sap/bc/webdynpro/sap/hrrcf_a_applwizard?PARAM=cG9zdF9pbnN0X2d1aWQ9QzJFQkRFMURDRjAyMUVEOThGRjA4M0I4OTBENThBMTI%3d&sap-wd-configid=ZA_AGT_GC_UNREG&sap-client=100&sap-language=EN&sap-ep-themeroot=%2fSAP%2fPUBLIC%2fBC%2fUR%2fnw5%2fthemes%2fZAGTLSfalse0EH-6160082-2

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