The Risk Manager in Quantitative Risk – Strategy and Projects support will report directly to the Head of Quantitative Risk and will have in general global responsibility. Where necessary, focus will be given on local, regional and/or Line of Business (LoB) projects and tasks.

Typical background is an advanced technical degree with deep practical experience in technical risk area within a financial services company.

Typical functional areas include financial, Investment/ALM and credit analysts; standard and/or internal model owners, validators and result analysis; actuarial analysis of PC underwriting and accumulation risks.

Key responsibilities include:

• Provides Quantitative risk impact analysis to key stakeholders and provides metrics to validate the performance of existing strategies, recommends changes where necessary

• Contributes to apply Allianz Partners’ Risk Strategy and Risk Appetite

• Contributes to capital steering and capital optimization process (dividend capacity calculations, reinsurance optimization)

• Leads the research, development and implementation of quantitative models and data analytics approaches to address various issues for the organization's internal stakeholders

• Handles complex requests from business stakeholders and management for data interpretation and analysis approaches

• Provides decision makers with Quantitative risk data analysis and risk reports on patterns, findings, and trends to drive business decisions and resolve business issues.

• Contributes and engages in all relevant LoB1 specific topics and is reliable Single Point of Contact (SPOC) for the LoB1 Heads of Risk for any Quantitative risk matters

• Shares best practices through coaching and mentoring around core methods, data visualization standards and analysis processes

• Supports the SII closings in Allianz Group systems: Minimum Capital Requirement (MCR), SCR for Allianz Partners Subgroup and its insurance LEs                 

• Contributes to Risk related Regulatory Reports: QRT, ORSA, RSR, SFCR

What you bring

• Qualifications in Actuarial Mathematics, Engineering, Statistics or Finance

• Deep knowledge and understanding of Risk Based Capital in material markets in the APAC region; relevant experience in calculation and reporting of relevant capital metrics under local capital requirements

• Understanding of regulatory capital and Solvency II Regulation, relevant quantitative Solvency II experience

• Understanding of KPI´s relevant for risk and return such as OP, NI, ROE, SCR

• Risk Management or internal control accreditation or Auditing or Accounting qualification with focus on IFRS and SII

• Understanding and knowledge of best practices and trends in Enterprise Risk Management and internal control frameworks

• Strong IT user skills, very good user knowledge of Microsoft (Excel, Word, PowerPoint)

• Fluency in English

• Strong communication (verbal and written) and interpersonal skills, with ability to influence stakeholders.

• Excellent time management and ability to work on numerous tasks with multiple departments simultaneously.