Allianz Global Corporate & Specialty appoints Karina Suarez as Chief Actuary and Christian Kortebein as Chief Pricing Actuary

Press release | November 23, 2020 | Johannesburg/London/Munich/New York/Paris/São Paulo/Singapore 

Allianz Global Corporate & Specialty (AGCS) has strengthened its actuarial and pricing functions with two senior leadership appointments. In November, Maria Karina Suarez Rodriguez started in her new role as Chief Actuary for the global carrier. Based in Munich, she reports to AGCS Chief Financial Officer Claire-Marie Coste-Lepoutre. She is succeeding Christian Kortebein, who was appointed Chief Pricing Actuary in July, but retained the interim responsibility for the actuarial team until Suarez had joined.

Technical excellence in underwriting is one of the core building blocks of the NEW AGCS strategy and transformation journey; actuarial modeling and technical pricing to support the underwriting process is key.

A seasoned actuary 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. Suarez Rodriguez is an Affiliate of the Casualty Actuarial Society, a member of both the Spanish Actuarial Institute and the Professional Actuarial Council in Argentina.

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. He reports to the Chief Underwriting Officer Corporate, Tony Buckle. He 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.

CFO Claire-Marie Coste-Lepoutre says, “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. 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.”

Allianz Global Corporate & Specialty (AGCS) is a leading global corporate insurance carrier and a key business unit of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business.

Our customers are as diverse as business can be, ranging from Fortune Global 500 companies to small businesses, and private individuals. Among them are not only the world’s largest consumer brands, tech companies and the global aviation and shipping industry, but also wineries, satellite operators or Hollywood film productions. They all look to AGCS for smart answers to their largest and most complex risks in a dynamic, multinational business environment and trust us to deliver an outstanding claims experience.

Worldwide, AGCS operates with its own teams in 32 countries and through the Allianz Group network and partners in over 200 countries and territories, employing over 4,450 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2019, AGCS generated a total of €9.1 billion gross premium globally.

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