Organization
Allianz UK, Allianz Management Services Ltd
Category
Actuarial
Employment Type
Full-time. Fixed-term contract
Work Model
Hybrid working
Locations
London or Guildford
Contract Duration
Approximately 12 months. Maternity cover
Job ID
84953
Application Deadline
7 January 2026
Compensation
Circa £80,000 to £95,000 per year. Pay depends on experience, skills, and location. Salary forms one part of a wider total reward package.
About the Organization
Allianz is one of the world’s leading insurance brands, known for innovation, trust, and long-term customer commitment. Allianz UK supports flexible and inclusive ways of working while offering global career opportunities across the wider Allianz Group. The organization places strong emphasis on fairness, integrity, and employee well-being.
Also Read: Step Into the Future of Financial Lines Underwriting with Allianz Commercial
Role Overview
Allianz UK is seeking an experienced Actuary to join its central finance function. The role sits at the heart of financial performance oversight and supports key business decisions across Motor’s lines of business. The Actuary will lead reserving activity, contribute to business planning, and work closely with cross-functional teams. In addition, the role includes mentoring and supporting junior actuarial colleagues.
Core Responsibilities
Financial Reserving and Planning
The Actuary will review the production, monitoring, and communication of quarterly reserves for Motor portfolios. They will also oversee actuarial input into annual business planning and regular forecasting cycles.
Portfolio Performance and Stakeholder Engagement
The role requires close partnership with Finance, Pricing, and Underwriting teams. Through this collaboration, the Actuary will monitor portfolio performance and profitability while influencing key stakeholders, including portfolio managers, business finance managers, and claims leaders.
Collaboration and External Relationships
Strong relationships will be built within the actuarial function. The Actuary will also work with external stakeholders, including auditors, to ensure accuracy, transparency, and compliance.
Team Development and Leadership
The position includes mentoring and coaching junior team members. While not mandatory, leadership experience in developing and motivating talent is highly valued.
Candidate Background
Essential Qualifications and Experience
The ideal candidate is a qualified Actuary holding Fellowship with the Institute and Faculty of Actuaries or an equivalent body. They bring solid insurance experience in reserving, pricing, or capital modelling. Familiarity with actuarial software and modelling techniques is essential.
Technical and Communication Skills
Strong Excel skills are required, along with Python coding experience. The successful candidate communicates clearly and confidently at all levels of seniority. They build trust, influence effectively, and contribute positively across teams.
Desirable Attributes
Leadership exposure is considered an advantage, particularly experience in attracting, developing, and retaining high-performing actuarial talent.
What Allianz Offers
Employees are recognised and rewarded through a flexible benefits package designed to support different lifestyles and career stages. Benefits include hybrid working, an annual performance-related bonus, a contributory pension scheme, and development days. Additional perks include flexible holiday options, retail discounts, volunteering days, and discounts of up to 50 percent on selected insurance products, including car, home, and pet cover.
Ways of Working
Allianz supports flexible working arrangements wherever possible. As a signatory to the ABI Flexible Working Charter, the organization promotes hybrid working that balances customer needs, business priorities, and personal circumstances. This approach aims to encourage creativity, innovation, and sustainable work-life balance.
Inclusion, Accessibility, and Equal Opportunity
Allianz is committed to building an inclusive workforce and is proud to be an equal opportunity employer. The company actively supports neurodiversity and welcomes applications from disabled and neurodivergent candidates. Reasonable adjustments are available, including assistive technology, ergonomic equipment, mentoring, and flexible arrangements.
Through the Disability Confident Scheme, eligible candidates with disabilities or long-term health conditions may access the Offer an Interview Scheme if they meet the essential criteria.
Also Read: Data Engineer – Allianz Global Investors (Competitive Salary & Benefits)
Application and Contact Information
- Candidates requiring application support, alternative formats, or adjustments can contact the resourcing team at hr-recruitment@allianz.co.uk.
- For role inquiries or to apply, candidates may contact Conor McCourt.
- Candidates facing potential redeployment should clearly state this in their CV.
- Allianz reserves the right to close the vacancy early if sufficient applications are received.
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