Senior Actuarial Analyst - Life

Allianz Egypt

Job Responsibilities:

• Conduct monthly actuarial valuations and technical reserve calculations for all Life Insurance lines by analyzing policy data, applying actuarial models, and ensuring alignment with applicable actuarial and accounting standards.
• Calculate Embedded Value and New Business Value for each line of business in alignment with Sanlam Allianz guidelines, supporting performance assessment and strategic decision-making.
• Contribute to monthly Sanlam Allianz reporting and deliverables, ensuring compliance with group standards to support accurate financial analysis and decision-making.
• Perform experience analyses (e.g., mortality, lapse, expense) to support the development and refinement of valuation assumptions.
• Assist in the development and validation of valuation models and underlying assumptions (e.g., mortality, lapse, expense), ensuring accuracy, consistency, and operational efficiency.
• Prepare and analyze actuarial regulatory reports to ensure compliance with local regulatory requirements and Sanlam Allianz standards.
• Develop liability projections for quarterly Asset-Liability Management (ALM) exercises and monitor asset-liability positions across all funds to support financial stability and risk mitigation.
• Perform solvency calculations and capital adequacy assessments, including regulatory solvency ratios and risk-based capital metrics, to evaluate financial strength and risk exposure.
• Provide actuarial support for life insurance IT system developments by analyzing data requirements, validating system outputs, and addressing data discrepancies to improve accuracy and operational efficiency.