- Responsible for the calculation and the timely delivery of the solvency capital requirements in line with local solvency (SI) requirements for the Life and General Insurance companies.
- Ensure proper oversight for all risk categories and set a proper risk management framework to monitor and manage risks in-line with Allianz Group standards, local standards, and regulatory requirements.
- Develop, implement, monitor, and communicate the company’s risk policy and strategy.
- Manage and ensure having a top risk assessment annual cycle including challenging and follow-up of related action plans as well as reporting the TRA to the Board of Management and Allianz Group Risk center.
- Lead the process of quarterly qualitative and quantitative risk reports in line with Allianz Group standards as well as Risk Committee material.
- Develop and implement action plans for RADAR topics to strengthen risk oversight and monitor, risk identification, and overall risk culture.
- Conduct risk assessments (qualitative and quantitative) for:
- New products developed and in-force products in line with the Allianz Group Retail Risk Standards.
- Projects.
- Operational processes. - Monitor the investment profile and SAAs and check investments against Group and legal restrictions and regulations.
- Assist the Head of department in training and development of the risk analysts and the senior risk analysts.
5-7 years of relevant experience.