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Principal Actuarial Analyst - Reinsurance | Onsite

Job in Minneapolis, Hennepin County, Minnesota, 55400, USA
Listing for: Allianz Life
Full Time position
Listed on 2025-12-04
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Actuary
Salary/Wage Range or Industry Benchmark: 112001 - 134000 USD Yearly USD 112001.00 134000.00 YEAR
Job Description & How to Apply Below
Position: Principal Actuarial Analyst - Reinsurance | Fully Onsite

Principal Actuarial Analyst – Reinsurance | Fully Onsite

Join our newly established reinsurance function and make a difference in Actuarial, Finance, and Operations—Drive Innovation, Shape Strategies, and Contribute to Our Success in a Dynamic and Collaborative Environment! Explore opportunities at all levels across Actuarial, Finance, and Project Management. This role reports to the Vice President of Reinsurance.

What You Do
  • Support preparing reinsurance pricing models and performing analysis for flow and block reinsurance transactions.
  • Enhance processes by developing and automating tools to be used at various stages of pricing and analysis.
  • Perform sensitivity analysis and product feature testing; summarize and communicate findings in a precise and organized manner to the broader team.
  • Support due diligence process including actuarial appraisals, experience studies, seriatim data, etc., contributing to the preparation of presentations and reports.
  • Lead or support modeling and analysis in more technical and complex projects.
  • Support reinsurance audit.
  • Continuously challenge the status quo and stay abreast of regulatory changes that will affect reinsurance decisions.
  • Liaise with broader actuarial function, including actuarial pricing, product development and valuation teams.
  • Peer review team members’ work.
  • Demonstrate a continued desire to learn and develop as a key member of the team.
  • Other ad‑hoc tasks as they arise.
  • Utilize artificial intelligence tools and resources (e.g., generative AI).
What You Bring
  • Four‑year degree in actuarial science, math, physics, economics, engineering, or related field.
  • 4+ SOA exams passed.
  • 4+ years relevant experience working directly for a life/annuity (re) insurance company or consulting firm.
  • Proficiency in MS Excel, Access, VBA; experience programming in SQL, R preferred.
  • Experience in annuity product development/pricing, AAT, P  is a plus.
  • Experience in reinsurance preferred.
  • Broad business acumen, ability to manage multiple diverse projects simultaneously.
  • High adaptability and agility in a dynamic environment, willingness to be available outside standard work hours when necessary.
  • Legal authorization to work in the U.S. without requiring immigration sponsorship now or in the future.

Job posting range: $112,001 - $134,000. This role is also eligible for an annual incentive program. Final base salary will be determined based on factors such as geographic location, experience, skills, competencies, and/or education, as well as internal equity.

What We Offer

At Allianz Life, we offer a comprehensive benefits package supporting the true balance of employees and their families, including medical, dental, vision, flexible spending, health savings accounts, tuition reimbursement, student loan retirement program, generous annual paid leave, 401(k) company match, and life insurance. Employees enjoy an award‑winning campus with onsite health center, child development center, fitness facility, convenience store, and cafeterias.

Our inclusive culture is reflected in Employee Resource Groups and our commitment to equal opportunities for all.

We welcome applications regardless of race, ethnicity, cultural background, age, gender, nationality, religion, social class, disability, or sexual orientation, or any other characteristics protected under applicable laws. We are dedicated to an inclusive workplace grounded in integrity, fairness, inclusion and trust.

Join us. We care for tomorrow.

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