Graduate Trainee at Group Risk, Life and Health, Allianz Operational Entities Coverage
Allianz SE, Munich, Germany
Total years of experience :2 years, 1 Months
Effectively participated in the review of Allianz operational entities new life insurance products, which exceeded the operational entity premium threshold level, checked their compliance with the Group new product assessment and approval process framework;
Reviewed the features of unprofitable or highly complex Life and Health products;
Evaluated the life product approval process, MCEV and Risk Capital guidelines;
Created risk capital movement tracking software tool using PERL, which allowed semiautomatization of the manual inputs and graphic visualization of the risk capital movements of selected funds mapped against interest risk sensitivity, credit swap sensitivity, and duration gap of respective operational entities;
Simultaneously conducted master thesis research on “Credit Risk Management Within Solvency II Framework” under supervision of Group Risk Insurance Coverage II team leader.
Participated in the development and execution of marketing strategies to attract the target group of clients;
Contributed to the growth of the client base by prospecting clients over telephone;
Assisted in analyzing the financial information gathered from clients to determine the most effective strategies of helping clients meet their financial goals;
Prepared necessary documentation and prospects for FA to explain complex life insurance products to the clients and documented responsibilities of personal financial professionals;
Guided clients in gathering necessary financial data, such as bank account records, income tax returns, life and disability insurance records;
Managed telephone calls and incoming/outgoing correspondence.
Performed credit analysis on commercial real estate loans including bridge, construction, office, retail, mixed-use and multi-family;
Developed pro-forma statements and cash flow projections;
Reviewed appraisal and environmental reports to ensure the market value and conditions of the property;
Reviewed complex financial data, credit and loan files to guarantee the completeness and compliance with the regulatory requirements;
Monitored and maintained the commercial and residential portfolios of new and existing clients.
MIB School Scholarship Fund Recipient Graduated with Honors, Master thesis presented: Credit Risk Management within Solvency II Framework. Master Projects: McKinsey&Company Mar 2010 – May 2010 “Health Care Evolution and Opportunities for Private Health Insurers (PHI) in France”, Trieste, Italy Health care system, key challenges, and health insurance market evolution; Key emerging trends in the offer of PHI portfolio; Growth opportunities and key levers for the PHI development. Allianz Italy Jun 2010-Jul 2010 “Preparation for Solvency II Regime: Pillar II, Euler Hermes (EH)”, Trieste, Italy Overview of Enterprise Risk Management (ERM) in EH Corporate governance an implementation of effective risk management system in EH; Own Risk and Solvency Assessment (ORSA), internal control, internal audit, and actuarial function requirements overview and implementation.
Strong focus on Corporate Finance Evaluation, Accounting and Audit Principles.
“Most Outstanding Student of the Business Administration Department, Class 2007” award Dean’s List 2005, 2006, 2007
