Reinsurance News

AGCS names Karina Suarez as Chief Actuary

26th November 2020 - Author: Matt Sheehan -

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Allianz Global Corporate & Specialty (AGCS), Allianz’s specialist carrier for corporate insurance business, has announced the appointments of Karina Suarez as Chief Actuary and Christian Kortebein as Chief Pricing Actuary.

Allianz Global Corporate and SpecialtySuarez Rodriguez took up her new Munich-based role earlier this month, reporting to AGCS Chief Financial Officer Claire-Marie Coste-Lepoutre.

She succeeds Christian Kortebein, who was appointed Chief Pricing Actuary in July, but retained the interim responsibility for the actuarial team until Suarez had joined.

With more than 20 years’ experience, Suarez Rodriguez joins AGCS from AIG where she held several leadership roles, including the Head of Reserving for Global Specialty, the Head of Reserving for Property and Specialty for the UK and Europe, and the Chief Finance Actuary overseeing 14 countries in the LATAM and Caribbean regions.

Before joining AIG, she was with La Caja Seguros/Generali in Argentina.

Meanwhile, as Chief Pricing Actuary, Kortebein is responsible for technical pricing across all AGCS lines of businesses, working closely with the Corporate Actuarial, Underwriting and Claims departments as well as Portfolio Management and Risk Management.

In this new role, he reports to the Chief Underwriting Officer Corporate, Tony Buckle.

Kortebein first joined Allianz in 2003, acting as Deputy Group Chief Actuary before later joining Fireman’s Fund Insurance Company and Allianz France as Chief Actuary. He has been with AGCS since 2017 as Chief Actuary.

“We are very happy to announce the arrival of Karina at AGCS and thank Christian very much for taking dual roles during the interim period,” commented AGCS CFO Claire-Marie Coste-Lepoutre.

“With her deep and truly global knowledge of the actuarial side of insurance, Karina will be a great fit for our Finance team. With our drive towards technical excellence, both Karina and Christian will be key contributors supported by their teams in our transformation journey.”