Singapore Job Openings
Allianz Asia Pacific
Allianz Polytechnic Apprenticeship Intake 2025
FULL TIME & CONTRACT
December 2, 2024
Allianz Apprenticeship programme is a 12-month programme. The objective of this programme is to attract, develop, and retain talented individuals who will become future leaders in the company, while also fostering an inclusive and diverse work environment.
Highlights of the programme:
- 12-month programme with the opportunity to be considered for a permanent role at Allianz upon successful completion of the programme
- Rotations, a minimum of 2 rotations to sub-functions within the Business function
- A week long orientation with e Learning and two (a week each) job shadowing in different Business Functions of your choice during the programme
- Mentor/Mentee Programme
- Group Project ESG solution to Allianz's sustainability problem statement
Business Functions – Bancassurance
Application link: https://careers.allianz.com/job-invite/58473/
What you do
- Conduct research such as regional productivity benchmarking: Assist in gathering and analyzing data from market to support business development and project needs.
- Data analysis: Perform quantitative and qualitative analyses to identify consumer trend, market opportunities, and create actionable recommendations.
- Support in regional training and marketing/ campaign program including driving cross-sell/ up-sell initiatives
- Power BI reporting
- Conduct best practice sharing sessions and organising events such as functional workshops, partner visits.
- Recent (up to two years from graduation) diploma graduate from a Polytechnic in Singapore in Finance, Business Administration, Economics, or a related field.
- Basic knowledge or work experience in banking on financial products and services would be an advantage
- Strong organisational, analytical, and communication skills
- Willingness to learn and adapt to new challenges, and flexibility to work on various tasks as required.
- Proficiency in Microsoft Office Suite (Excel, Word, Power Point)
Application link: https://careers.allianz.com/job-invite/58495/
What you do
You will be responsible for Corporate Actuarial topics in the Asia Pacific Property & Casualty ("PC") business with focus on reserving, technical reporting (IFRS17), planning and controlling, reinsurance topics and Lines of Business ("LOB") reporting in the region. The role also encompasses the improvement of Operating Entities ("OE") actuarial processes and actuarial maturity level.
The tasks and projects expected for the apprenticeship are:
- Data preparation and filling up templates for the Independent Reserves Review
- Setting up quarterly reserve Key Performance Indices ("KPIs") tracking and LOB reporting performance analysis including but not limited to Gross Written Premium, Combined Ratio ("Co R"), Loss Ratio ("LR") and Expenses Ratio ("ER") movement via Power BI or other software.
- Collect and check information such as attritional, large and catastrophe claims split, earned exposure and number of claims by LOB to enhance the Loss Ratio Walk for the region
- Improve reinsurance process in particular on Catastrophe data submission ("ASPIRE") timeliness and accuracy. Improve AZAP reinsurance pricing tools.
- Support any other projects including but not limited to Integration of any newly acquired company to meet Group's requirements.
- Support Business-As-Usual ("BAU") activities including but not limited to quarterly actuarial closing activities, analysis and commentaries and product approval.
- Recent Diploma graduate from the Polytechnic in Singapore (less than two years after graduation) in Actuarial Science, Mathematics, Statistics, Finance, Economics, or a related field.
- Strong mathematical proficiency, with solid understanding of probability, statistics, and financial mathematics. Familiarity with actuarial principles and methodologies would be an advantage
- Strong technical, analytical & problem-solving, and communication skills.
- Modeling and Forecasting with actuarial models, and basic regulatory insurance knowledge would be desirable.
- Commitment to continuous ongoing professional development
- Willingness to learn and adapt to new challenges, and flexibility to work on various tasks as required
- Proficiency in Microsoft Office Suite (Excel, Word, Power Point)
Application link: https://careers.allianz.com/job-invite/58504/
What you do
Working closely with all teams across Ops and IT, drafting of strategy slides, supporting Regional Ops IT Strategy Lead
Key deliverables include:
In supporting Planning and Strategic Dialogue, the incumbent will help drafting / maintaining of strategy slides.
Work with OEs to ensure timely data compilation for IT Governance, support them in addressing their queries with the help of necessary SME teams (in Group and Region), drive them to execute on action plans to improve the KPIs
Key deliverables include:
In supporting Planning and Strategic Dialogue, the incumbent will help drafting / maintaining of strategy slides.
- Support the Regional IT Finance Lead in maintaining IT Finance soundness across the countries
What you bring
- Recent Diploma graduate from the Polytechnic from Singapore (less than two years after graduation) in Computer Science, Information Technology, Business Administration, Operations Management, or a related field.
- Strong technical skills in IT Knowledge and programming
- Possess good analytical and problem-solving, and communications skills
- Enthusiasm to gain deeper insights into Ops and IT operations, and continuous learning to stay updated with industry trends and best practices
- Willingness to learn and adapt to new challenges, and flexibility to work on various tasks as required
- Proficiency in Microsoft Office Suite (Excel, Word, Power Point)
- Be part of a team that’s open-minded, supportive, and genuinely focused on customer outcomes.
- A sense of belonging in the workplace, where you are welcomed and encouraged to bring your most authentic self to work.
- An employer that is committed to supporting hybrid work and readily provides flexible & remote work options.
- Access to Linked In Learning, Degreed, upskilling budgets and career opportunities across the world, to support your continuous learning and you taking control of your career development.
- Robust and comprehensive benefit offerings for your health and well being
- Initiatives to support your financial wellness through selected discounted Allianz insurance products, pension contributions and our referral bonus scheme.
- The opportunity to take part in our Employee Share Purchase Program- own a piece of your employer.
We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter
where you are from, what you look like, who you love or what you believe in.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation.
Join us. Let's care for tomorrow.
Job Types: Full-time, Contract
Contract length: 12 months
Pay: $3,000.00 per month
Benefits:
- Cell phone reimbursement
- Employee assistance programme
- Flexible schedule
- Health insurance
- Professional development
- Promotion to permanent employee
- Work from home
- Monday to Friday
- Performance bonus
- Local Polytechnic Diploma (Preferred)
Application Deadline: 15/01/2025
Expected Start Date: 02/04/2025
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