Head of Reserving | NSW - Sydney

Job reference number: ALL/1437850/EXT


When you work at Allianz, you're part of a strong global insurer, helping to protect over 3 million Australians. We value diverse thinking, so your ideas and innovative mindset will be warmly welcomed. You'll experience a friendly environment working with talented people, where you'll be included and have your capabilities recognised. And you'll be supported to reach your full potential and enjoy an enriching career.


Are you looking for an organisation that has a high level of Integrity and professionalism?  Do you want challenging work that enables international relationships and sharing of global best practice?

We're seeking a Head of Reserving, based in our Sydney Head Office.  This is an opportunity where you can take your career to the next level.

Reporting in to the Chief Actuary, you will be responsible for leading a team of valuation actuaries and analysts across a large and diversified outstanding claims portfolio of approximately $5 billion.

What you should expect

This role is critical for providing expert insightful actuarial advice to our diverse business portfolio, with a focus on identifying material trends and changes in economic drivers impacting on asset liability management and solvency.

It will be your responsibility to:

  • Provide expert advice to Senior Management, including the CFO and the Managing Director, and attend Reserving Committee meetings
  • Manage the biannual valuation process as well as the monthly roll-forward valuations for management accounting and contribute to the annual production of the Financial Condition Report
  • Deputise for the Chief Actuary as required
  • Provide input into the planning process, ensuring that projected P&L and balance sheet items are realistic
  • Report to the Allianz Group as required and proactively manage the relationship with key Group contacts
  • Contribute and where appropriate lead key strategic projects

Important to your success

You will bring an ability to influence and manage multiple stakeholders across our business divisions. You are known for your strong technical skills and analytical ability with a pragmatic solutions approach. In addition you will be valued for:

  • A proven track record in leading, developing and coaching teams to high performance
  • Solid experience in general insurance reserving, including long tailed lines of business.
  • Excellent written and verbal communication skills, superior interpersonal and stakeholder engagement skills with the ability to build relationships and influence.
  • Your actuarial qualification (FIAA or equivalent)

Ideally you will have solid post qualifications experience in either a large general insurance organisation or an actuarial consulting firm where you consult to general insurance organisations and are now looking for that next role where you have impact, influence and visibility to senior leaders.

What's On Offer

This role will present an exciting opportunity to join a global iconic insurance organisation, which is transforming through an exciting time of change and growth.

We recognise the contribution of our ‎employees and ‎‎reward our staff with a dedicated range of attractive benefits: wide range of insurance, household, lifestyle and travel discounts available; variety of flexible leave options; on-going training and development opportunities.

We value integrity, customer focus, collaborative leadership and trust, and we are seeking ‎people with ‎‎the same ‎values. We recognise our employees as our most valuable asset and are committed to helping people to build a long term career within a strong inclusive team culture.

More about us

Allianz 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 our 83 million private and corporate customers and 147,000 employees – we foster a culture where our employees are empowered to collaborate, perform, embrace trends and dare to challenge the industry.  Our main ambition is to be our customers' trusted partner, instilling them with the confidence to grow.

The home for those who dare to calculate the incalculable future.

Allianz is committed to employment equity and therefore welcomes applications from men and women regardless of race or ethnicity, age, nationality, religion, disability, sexual orientation or philosophy of life.Please advise us if you require any reasonable adjustments to fully participate in the recruitment process or perform the requirements of the role.

To apply please follow the online links and attach your resume and cover letter. For a confidential discussion please contact Norma Glenn, Executive Search Specialist on 0438 343 682

 #LI-AllianzAU

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