Actuarial Planning and Profitability Manager

Actuarial Planning and Profitability Manager Allianz plc is the trusted insurance partner to over 700,000 customers in Ireland. With a global legacy of trust and excellence, we are committed to protecting the things that matter most to our customers and offer a wide range of insurance products. Our commitment to innovation, customer-centric solutions and digital transformation ensure that we can provide peace of mind and security to all our customer across Ireland. The Opportunity The purpose of the role is to conduct planning and profitability reporting, and will work closely with colleagues in Pricing, Reserving, Planning and Data Insights and across various business units within our General Insurance Business. The role requires strong communication skills and the ability to work closely with senior management to develop and refine the overall business strategy. Role Information We are recruiting a Planning and Profitability Manager to join our team. This role will work within our Actuarial Team. In this role you will manage a team of actuaries/analysts, and report to the Head of Actuarial Function. The position is based in Allianz House, Elmpark, Merrion Road, Dublin 4. Technical Responsibilities Manage and update the suite of profit testing tools to ensure accuracy and relevance. Develop new tools as needed to support evolving business requirements and industry best practices. Prepare and deliver performance reports for internal stakeholders and external parties. Analyze and interpret the performance data to provide insights and recommendations for improvement. Maintain and enhance existing profitability models to align with changing business needs and regulatory requirements. Implement improvements to ensure the accuracy and reliability of the models. Prepare periodic profitability reports with actionable recommendations for senior management at both local and Allianz Group levels. Communicate findings effectively to support decision-making processes. Collaborate with underwriting and finance teams to optimize actions and initiatives based on profitability analysis. Identify opportunities for improvement and provide data-driven recommendations. Participate in the annual planning process by providing input and analysis related to profitability and financial performance. Monitor actual versions planned experience and provide insights on the impact this will have on the financial results Support the development of strategic plans and financial targets and recommend actions to achieve them. Act as an advocate for technical excellence within the organization by sharing knowledge, best practices, and innovative approaches. Mentor and support colleagues to enhance technical skills and promote a culture of continuous improvement. Skills & Experience Required Essential Qualified Actuary/ (IFoA or equivalent) Minimum of 3-5 years PQE relevant work experience in actuarial roles within the General insurance industry In-depth understanding of the General Insurance market in Ireland, including key competitors, industry trends, and regulatory landscape. High level of technical ability, to include extensive modelling experience Competent in using SAS, Python, R, VBA, or other relevant software Advanced proficiency in MS Excel Experience of General Insurance financial planning, reserving or pricing Demonstrated experience in communicating and delivering technical solutions to business stakeholders Time management skills, the ability to plan and prioritise workload to maximise efficiency Desirable Competent in using RADAR, EMBLEM People Management experience Knowledge/experience of IFRS17 accounting standard Capital modelling experience Regulatory notice Appointment to this role will be subject to the requirements provided for by the Central Bank of Ireland. This role is a Control Function (CF2) and is subject to F&P Standards. This includes the requirements provided for by the Central Bank (Individual Accountability The successful candidate will be provided with the relevant Conduct Standards (including Additional Conduct Standards) training, where required. Allianz plc. is regulated by the Central Bank of Ireland. 45201 | Actuarial | Professional | Non-Executive | Allianz Ireland | Full-Time | Permanent 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. We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation. Great to have you on board. Let's care for tomorrow. Job Level: Professional Location: Dublin, IE, D04Y6Y6 Area of Expertise: Actuarial Unit: Allianz Ireland Employing Entity: Allianz plc Job Type: Full-Time Remote Job: Hybrid working Employment Type: Permanent ID: 45201 Position Cluster: Non-Executive #J-18808-Ljbffr