Job Description

At Allianz Ayudhya, we believe actuarial professionals are more than number crunchers—they are key business partners who help shape strategy, drive profitability, and create sustainable value for our customers and shareholders.

We are looking for a talented Specialist – Corporate Actuarial (MCEV & New Business Value) to join our Corporate Actuarial team. This role offers exposure to a broad range of actuarial disciplines including Embedded Value, New Business Value, IFRS reporting, capital management, experience studies, and strategic financial planning. You'll work closely with senior management, Finance, Product, Risk, and regional stakeholders to deliver insights that influence critical business decisions.

If you're seeking a role where your actuarial expertise can make a real impact while accelerating your professional development, we'd love to hear from you.

What You'll Be Responsible For

Deliver Core Actuarial Valuations

Lead and support actuarial valuation activities across multiple reporting frameworks, including:

• Market Consistent Embedded Value (MCEV)
• New Business Value (NBV)
• Statutory Reserves
• IFRS Reserves
• Risk-Based Capital (RBC)
• Management and performance reporting

You'll ensure valuation results are accurate, insightful, and delivered in accordance with internal governance and regulatory requirements. [JD-2025-29...(MCEV-NBV) | PDF]

Generate Insights That Drive Business Decisions

• Analyse financial performance and emerging business trends.
• Explain key drivers behind profitability and value creation.
• Support strategic initiatives through actuarial analyses and business recommendations.
• Partner with stakeholders to provide data-driven insights that support sustainable growth.

Develop and Enhance Actuarial Models

• Maintain and improve actuarial valuation models and reporting tools.
• Assess and quantify financial impacts from model enhancements.
• Conduct testing, validation, and implementation of methodology changes.
• Work closely with local and regional teams on model governance and improvements.

Support Business Planning and Forecasting

• Build financial projections and long-term business forecasts.
• Support three-year planning exercises and strategic dialogues.
• Perform sensitivity and scenario analyses to help management evaluate opportunities and risks.
• Contribute to planning submissions for regional and Group stakeholders.

Perform Experience Studies and Assumption Reviews

• Analyse emerging experience across mortality, persistency, expenses, and other key assumptions.
• Support annual assumption reviews and recommendation processes.
• Contribute to maintaining robust actuarial assumptions that reflect business realities and market conditions.

Regulatory and Industry Reporting

• Prepare and review actuarial reports submitted to regulators and industry associations.
• Ensure compliance with regulatory, accounting, and Group reporting requirements.
• Maintain the highest standards of accuracy, governance, and professionalism.

What We're Looking For

Qualifications

• Bachelor’s or Master’s degree in actuarial science, Mathematics, Statistics, Economics, Finance, or a related quantitative discipline.
• Progress in actuarial professional examinations (SOA, IFoA, or equivalent) is highly preferred.

Experience

• Min. 5 years of experience in Life Insurance actuarial functions.
• Experience in one or more of the following areas:
• Valuation
• Financial Reporting
• Embedded Value (EV/MCEV)
• New Business Value (NBV)
• IFRS Reporting
• Capital Management
• Experience Studies
• Actuarial Modelling

Technical Skills

• Strong analytical and problem-solving abilities.
• Excellent Excel skills and actuarial modelling capability.
• Experience with Prophet or other actuarial systems is a plus.
• Programming knowledge such as SQL, Python, R, or VBA is advantageous.
• Strong communication skills with the ability to explain technical concepts to non-technical stakeholders.
• Any AI-future skills e.g., ChatGPT, or CoPilot365, will be advantage.

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. We are united by a shared commitment: to put our customers first and at the centre of everything we do. Their needs inspire our thinking and guide our actions. Together, we can build an environment where everyone feels empowered and confident to explore, grow and shape a better future – for our customers and for 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. The foundation for this is our inclusive workplace, where people and performance both matter, and where integrity, fairness, inclusion and trust are at the heart of our culture. We therefore welcome applications regardless of ethnicity or cultural Internal 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.