Actuarial Function & Model Validation | Internship in our Finance department

Internship 4 to 12 months

Brussels

Allianz Benelux

Large company2.2K employeesInsurance

Published on February 20, 2024

  • Contract

    Internship 4 to 12 months

  • Location

    Brussels

  • Start date

    September 2024

  • Study level

    Master level or equivalent

  • Remote working

    Partial

Are you pursuing a master's degree in Econometrics, Applied Mathematics, Actuarial Sciences, Data Sciences or Finance and you’re not sure which place you belong to? Then take the chance to do an internship in our Finance department at Allianz Benelux! We offer the opportunity to discover different departments where you can enhance your quantitative skills and find out what path you want to work towards in your future.


At Allianz, we are more than happy to welcome you with open arms!


What are the key activities of our team?


The Actuarial Function & Model Validation team ensures the quality of actuarial and financial modeling for performance measurement, solvency assessment, and new business development. Our activities include model validation, reviewing assumptions, providing opinions on technical provisions, underwriting, and profitability. We collaborate with actuarial and pricing teams while maintaining independence as a second-line function. Our scope covers all insurance activities across multiple lines of business and countries. Asset management and valuations are often involved. As an intern, you'll participate in practical tasks related to actuarial analysis and model validation, providing a comprehensive perspective on Allianz's insurance business.


Curious to discover some projects/activities you could work on?


  • Analyzing datasets for trend detection and outlier identification
  • Validating model assumptions using real data
  • Developing a challenger model for testing actuarial cash-flow projections
  • Comparing theoretical results with actual outcomes in implemented processes
  • Coding scripts for automated controls on actuarial model inputs and outputs
  • Researching and identifying potential strengths and weaknesses in a new methodology


Didn’t find what you’re looking for? Take a look further on our website as we have internships opportunities in different teams (Performance Steering, Risk Management, Corporate Actuary, Data office, Actuarial Function & Model Validation).


Do you want to intern at the world's largest insurance company? Take the check!


  • Are you pursuing a master's degree in Finance, Econometrics, Actuarial Science, or a related field? Check!
  • Are you fluent in English with ideally good knowledge of Dutch or French? Check!
  • Are you a true team player and have strong communication skills? Check!
  •  Are you looking for an internship for the first or second semester, with a flexible schedule based on your classes? Check!
  • Are you genuinely curious, innovative and looking forward to your internship? Check!


What can you expect from your internship?


  • You will become a full-fledged member of the Allianz team, which will welcome you with open arms.
  • You will have the opportunity to work on exciting projects, gaining valuable practical knowledge.
  • Your Allianz colleagues will gladly provide the necessary guidance.
  • You will join a pleasant and warm international work environment, where team spirit and collegiality are central.
  • You will work in modern and comfortable conditions in our brand-new office building, within walking distance of Brussels-North.
  • You will enjoy flexible working hours, allowing you to easily adjust your work schedule to your class schedule.


Are you interested in working as an intern at Allianz?


Quickly send us your resume and the specifications of your internship, such as duration, internship regime, and specific expectations you have. If we see a match with one of our internship vacancies, we will invite you for an introductory interview. Who knows, this could be the start of an exciting collaboration!

Application deadline

Not given

Job Category

Actuarial

More about the company

Allianz Benelux logo

Allianz Benelux

Global leader and employer in insurance and financial services