Assistant/Associate Actuary - Capital Risk | Hybrid

At Allianz Life, we are driven by our mission – we secure your future – and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue their retirement goals. We care for our community by giving time, resources, and donations. And we care for the future by supporting sustainability, protecting the local environment, and promoting equality in our communities.We're looking for an actuary to support our capital management function. Capital includes regulatory and rating agency and requires calculation, support and optimization. Capital is reported on a regular basis internally to executives, to the parent, as well as to external stakeholders. The capital function is also integrated, and often drives, strategic projects to ensure adequate company capitalization and the ability to hit key Group level financial metrics. This means the development and analysis of robust projection models and consulting with senior leaders on internal growth plans that impact capital. We ask that you have strong collaboration with asset management, reinsurance, financial reporting, FP&A, accounting and many others. This high visibility role is an important partner in major company projects.You will have outsized exposure to the executive leadership team, CRO, and other leaders across the company. There is also an expectation of collaboration within risk, including the credit risk team and financial risk team to ensure consistent risk scenario modeling across the enterprise and with the parent. You will report to the AVP, Actuary, in Corporate Risk.What You DoOversee and maintain capital reporting for regulatory requirements and rating agencies, including preparation, review, and explanation of results for all partnersAnalyze and manage capital impacts of corporate strategies, plans, and structural changes to influence our capital position over timeBe a strategic advisor to senior leadership, providing recommendations on capital efficiency, optimization opportunities, and tradeoffsLead on cross-functional capital projects across the organization, partnering with:CFO organization and FP&ACRO and Risk ManagementAsset & Investment Management (AIM)Tax and AccountingReinsurance and external partnersDevelop, enhance, and govern capital projection models used for internal management, regulatory filings, and rating agency submissionsTransform and improve capital processes, including automation, data integration, and control enhancements (e.g., migration from Excel-based processes to SQL or other scalable platforms)Execute capital efficiencies and optimization opportunities, building partner alignment and gaining support to implement solutionsPresent capital analysis, executive summaries, and actuarial memorandaCollaborate with enterprise risk teams to ensure consistent stress testing, scenario modeling, and assumptions across risk and capital frameworksLead projects to simplify legal entity structures and other balance-sheet-related initiatives while navigating complex, cross-disciplinary topicsMay provide technical guidance, or oversight to junior actuarial or analytical staffWhat You Bring8+ years of experience in the actuarial field, with a focus on capital, risk, or financial modelingBachelor's degree required in Actuarial Science, Mathematics, Statistics, Economics, Engineering, or a related quantitative fieldASA designation required; working toward FSAExperience operating beyond pure reporting, being a strategic partner to senior leadersExperience influencing outcomes through collaboration across finance, risk, and investment teamsAbility to explain complex capital topics to non-technical audiencesJob posting rangeAssistant: $82,000 - $164,000Associate: $100,000 - $200,000Note 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.This position is eligible for domestic relocation assistance.What We OfferAt Allianz Life, we're proud to provide a benefits package that supports the True Balance of our employees and their families. 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. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that is fair, caring, and inclusive. Our generous benefits, campus amenities and inclusive, engaged culture are among the many reasons we're routinely recognized as a top workplace employer. For additional information regarding What It's Like To Work Here | Allianz Life.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. At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust. We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.Join us. Let’s care for tomorrow.