Companies hiring actuaries › Reinsurance
Allianz Commercial India
Evidence of actuarial hiring: IRDAI-registered reinsurance branch (Appointed Actuary required) (source). Checked 10 Nov 2026.
About Allianz Commercial India
Allianz Commercial is the name under which Allianz Global Corporate & Specialty (AGCS) now trades. It is the large-corporate, specialty and mid-market commercial insurance arm of Allianz SE, the German insurance and asset management group based in Munich. Worldwide it covers property, liability, engineering, marine, aviation, energy and financial lines for businesses.
In India it operates through Allianz Global Corporate & Specialty SE, India Branch, a foreign reinsurance branch registered with IRDAI and based in Mumbai. Under Indian rules a foreign reinsurer's branch accepts reinsurance from Indian insurers, so the branch takes shares of Indian commercial risks ceded by local insurers rather than selling policies directly.
The branch is small. Like every IRDAI-registered reinsurer it needs an Appointed Actuary, and actuarial work centres on pricing commercial and specialty treaty and facultative business, reserving and regulatory returns. It is separate from Allianz Services in Trivandrum and Pune, and from the Allianz Jio Re joint venture.
Also known as: AGCS India Branch
What the actuarial team does
- Pricing of facultative and treaty reinsurance on Indian commercial and specialty risks
- Reserving and IBNR estimates for the branch's Indian portfolio
- Statutory actuarial reports and solvency returns to IRDAI under the Appointed Actuary
- Exposure and accumulation analysis for property and engineering risks, including natural catastrophe
- Support to underwriters with loss experience analysis and data requests
How students get in
No graduate scheme or internship for the India branch is published. Because the branch is small, hiring is occasional and usually for people who already have several papers and some general insurance or reinsurance experience; a typical requirement is not published. Openings, when they arise, appear on the Allianz Commercial careers page (commercial.allianz.com/careers.html) and the wider Allianz careers portal. Exam-support policy for India is not published. A student who wants this route is usually better placed starting at an Indian general insurer, a broker's reinsurance team or a larger reinsurer branch, and moving across with experience.
Roles this employer has advertised:
Questions students ask
What papers does Allianz Commercial India ask for?
Not published. Branch roles are few and usually go to candidates with several papers and some general insurance experience.
Where does the actuarial work sit and what is it?
In the Mumbai branch, on pricing and reserving Indian commercial and specialty reinsurance, and on regulatory returns to IRDAI.
Can freshers or interns join?
No fresher or internship programme for the branch is published. Allianz Services India in Trivandrum and Pune is a likelier entry point within the Allianz group.
