πŸ“
Bucharest, Romania

Junior Actuary with Python

No experience
Finance
Finance
Posted:
December 29, 2025

Allianz

Global insurance and financial services
73.8
Palpable Score
Apply >view company >

Allianz Services is proud to serve and be part of Allianz Group, one of the world's leading insurers and asset managers. Our global footprint, with more than 7,300 employees located across ten countries and four continents, enables us to unlock value for our partners across the insurance value chain and deliver superior client experience within Allianz Group. At Allianz Services, we have a strong specialization in core insurance operations, shared services, business analytics, engineering, and management consulting. Our people and our trusted relationships with partners are what matter most. These are rooted in our values of compassion, integrity, and expertise and we strive to continuously evolve, improve, and deliver excellence while contributing successfully to the transformation of Allianz. Caring actively for the environment, for people, and for our customers is what makes us a great place to work and together we are shaping a better and more caring tomorrow. Β 

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Allianz Services is a company which belongs to the legal entity, Allianz Technology SE. Β 

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Job role

Analyzing, optimizing and creating financial models that form the basis of insurance products;

Providing thorough analyses of complex data;

Performing data analytics for Allianz Group top players.

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What you will do

Participate in Risk and profitability assessment for life and health portfolios;

Participate in Value of New Business, Market Consistent Embedded Value , Market Value Balance Sheet , Return on Risk Capital valuations;

Participate in Balance sheet and Solvency Risk Capital internal formula model change impact studies; (Assets and liabilities interactions model)

Participate in delivery on ad hoc requirements around Solvency II pillar I, Β IFRS17 ;

Identify and implement improvements to processes and actuarial tools;

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What you bring

Bachelor’s degree in Finance or Actuarial Sciences

experience in insurance/ finance area with focus on financial analysis/ controlling is a plus

C++, SQL, SAS, Python and VBA are a plus

Fluent in English; French is a plus;

MS Office, including Outlook, Word, Access and PowerPoint skills

Advanced level in Excel

Willing to study towards the UK IFOA certification.

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You have

Very good attention to details;

Good communication skills

Client orientation

Team player

Ability to work in international environment

Ability to work under pressure

Ability/willingness to travel abroad if required

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About the company

Allianz

Company overview
Allianz is a global insurance and financial services group with major businesses in property and casualty insurance, life and health insurance, and asset management. Allianz serves both consumers and commercial customers, including large multinational clients, through local operating companies and specialist lines. Allianz also operates travel insurance and assistance through Allianz Partners, and investment management through platforms including Allianz Global Investors and PIMCO. Allianz is headquartered in Munich and is publicly traded.

Locations and presence

Allianz operates in almost 70 countries with large hiring hubs across Europe, North America, and Asia-Pacific. Work setup varies by entity and role, with many underwriting, operations, and corporate roles advertised as hybrid or office-based and customer operations roles more often site-based.

Palpable Score

73.8
/ 100
Allianz offers multiple credible entry points for graduates through internships, graduate schemes, and degree-level apprenticeships, and Allianz often explains what candidates should expect in assessments for early-career routes. The biggest limitations are uneven process transparency across countries and a lack of published early-career outcomes data, alongside recent public job-cut announcements in parts of the group that add stability risk for junior hires.
view full company profile >

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