Senior Managing Actuary - Reinsurance | Fully Onsite (Minneapolis)

Join our newly established reinsurance function and make a difference in Actuarial, Finance, and Operations-Drive Innovation, Shape Strategies, and Contribute to Our Success in a Dynamic and Collaborative Environment! Explore opportunities at all levels across Actuarial, Finance, and Project Management. You will report to the Vice President of Reinsurance.

What you do:

• Provide thought leadership, technical expertise and value-added support and guidance related to ALM initiative, include but not limit to SAA optimization, asset modeling, economic and required capital, scenario analysis, and financial planning
• Liaison with Risk, Investment and Investment Accounting team, lead discussion in cross-functional WG on Asset/ALM issues and topics, influence via thought leadership, drive alignment and implement best practices/processes
• Support peer review reinsurance pricing models, including actuarial assumptions, ALM strategies and modeling techniques. Support structuring reinsurance transactions and negotiations.
• Critically and logically build financial model on the fly to support decision making
• Communicate effectively with the leaders across finance, risk, and investment, and actuarial, including the translation of technical topics to different audiences and providing clarity of the business impact and insights to inform decision
• Contribute to special projects as requested.
• Utilization of artificial intelligence tools and resources (e.g. generative AI)

What you bring:

• FSA required, 4-year undergraduate degree required in Actuarial science, math, physics, economics, engineering, or related field
• 10+ year experience required in US life and annuity sector, strong with annuity

• Subject matter expertise in ALM, with strong foundation in AAT, PBR and Economic Balance Sheet
• Experience in annuity product development, financial modeling, Reinsurance is a plus
• Strong technical expertise and broad business acumen, with ability to manage multiple diverse projects simultaneously
• High adaptability and agility in a dynamic environment, willingness to be available outside standard work hours when necessary

• You must be legally authorized to work in the U.S. without requiring immigration sponsorship now or in the future. This includes holders of H-1B, H4, L-1, L-2, TN, OPT, CPT, and other nonimmigrant visas

Job posting range $196,001 - $234,000

Note the job posting range is exclusive of company benefits or other compensation. This role is also eligible for an annual incentive program. If you are hired, your final base salary will be determined based on factors such as geographic location, experience, skills, competencies, and/or education. In addition to those factors, we will also consider internal equity of our current employees. Please keep in mind that the range provided is the full base salary range for the role. Hiring at or near the maximum of the range would not be typical to allow for future and continued salary growth.

What we offer:

At Allianz Life, we offer a choice of comprehensive medical, dental and vision plan options, flexible spending and health savings accounts, tuition reimbursement, student loan retirement program, generous annual paid leave, an outstanding 401(k) company match, and life insurance. Plus, our employees enjoy an award‑winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias.

Join us. Let's care for tomorrow.