Notre client, une compagnie d’assurance, est à la recherche d’un·e Actuaire Risques Non-Vie afin de renforcer l’équipe Finance. Il/elle sera en charge du business plan pour les activités non-vie, du reporting Solvency II, des clôtures, de la réassurance et de la profitabilité.

Le·a futur·e Actuaire Risques Non-Vie sera responsable des tâches suivantes :  

• Calculs et reporting Solvency II
• Calculs du Swiss Solvency Test
• Opérations de clôtures des comptes et réassurance
• Etablissement du Business Plan pour toutes les activités Non-Vie
• Suivi de la profitabilité du portefeuille
• Reporting pour l’autorité de régulation (CAA) et l’association professionnel du secteur (ACA)

Profil

• Vous êtes diplômé BAC+5 en mathématiques, statistiques, sciences actuarielles, économie.
• Connaissances techniques actuarielles (reporting/valuation) et de la règlementation Solvabilité II.
• Bonnes compétences communicationnelles.
• Français courant et bonne compréhension orale et écrite en anglais.
• Méthodologie structurée, rigoureux et esprit analytique.
• Sens critique, proactivité et force d’argumentation. 
• Esprit de synthèse, orientation résultat et soucieux de votre développement continu.
• Esprit d’équipe et autonomie.

Our client, an insurance company is looking for an Actuarial Function Officer to strengthen the Risk Management and Compliance Department. He·she will be in charge of supporting the organization and the execution of the independent assessments that are made in the decision-making processes of the company, as defined in Solvency II.

The Actuarial Function Officer will be responsible for:

• Verifying the adequacy and compliance of BGAAP provisions.
• Verifying the calculation of SII technical provisions with respect to the methods used, the assumptions and the quality of the data.
• Validating the models used to calculate SII technical provisions and capital requirements.
• Evaluating the rates, reserving, reinsurance and viability of new/modified products.
• Assessing the profitability of existing products and reinsurance and profit sharing schemes.
• Participating in the application and development of the global risk management system.
• Improving understanding of IFRS 17 figures.
• Monitoring regulatory developments relating to BGAAP, risk management, Solvency II and sustainable development.
• Carrying out ad hoc analyses and drawing conclusions.

Profile

• Master's degree in Actuarial Science, Mathematics, Economics or equivalent.
• Several years' experience in risk management and/or pricing.
• Knowledge of insurance software is an asset.
• Ability to work independently and as part of a team.
• Drawn to the variety of tasks, the field of insurance and the attention to detail.
• Good communication skills (oral and written) and able to present complex documents in a straightforward manner.
• Fluency in Dutch or French and a good knowledge of the second national language.

Our client, an insurance company is looking for an IFRS17 Life Actuary to strengthen the Finance Department. He·she will be in charge of calculating the IFRS17 figures, the new accounting standard for insurance contracts.

The IFRS17 Life Actuary will be responsible for:

• Acquiring a good understanding of the IFRS17 accounting standards to analyze and comprehend the Balance Sheet and Income Statement of a life insurance company.
• Producing IFRS17 accounts as part of the closing exercises and forecast exercises (strategic plan) of the group.
• Analyzing, commenting on, and tracking the evolution of the IFRS17 results presented to management.
• Validating the results of projection tools in close collaboration with the teams responsible for the model to ensure mastery of the IFRS17 indicators.
• Participating in the improvement and documentation of reporting tools.

Profile

• Master's degree in engineering sciences, mathematics, statistics, actuarial science, business engineering, economics, etc.)
• You are an Actuary – or equivalent through experience.
• You have a minimum of 3 years' experience in life insurance or financial reporting.
• Knowledge of IFRS17 Life and BEGAAP is a strong asset.
• Experience in R/VBA or an actuarial projection tool (Prophet, Moses, etc.) is a plus.
• You enjoy delivering results in an efficient, autonomous, and pragmatic manner; while respecting set deadlines.
• You have a strong sense of analysis and initiative.
• You speak Dutch or French fluently with a good knowledge of English.

Our client, an insurance company is looking for a Non-Life Risk Actuary to strengthen the Risk Management team. He·she will be in charge of  performing pricing review, reserving, product approval process, calibrate the internal model and also optimize the reinsurance structure.

The Non-Life Risk Actuary will be responsible for:

• Developing a second opinion on business decisions made by the Pricing or Product Management departments (new product, change in general conditions, pricing review, etc.) and following up on these initiatives to ensure that expectations are met.
• Performing analyses on the evolution of reserve adequacy using specific tools (R, VBA, IBNRS) to assure the company management that the company is capable of meeting its contractual obligations. You will present your results and conclusions to various stakeholders such as Finance, Product Management, Risk Management, ALM, etc.
• Monitoring the qualitative and quantitative evolution of non-life underwriting.
• Executing P&C risk calibration (reserves, premiums, catastrophes, etc.) in the context of calculating the required solvency capital, recognizing that the company is one of the few insurance companies worldwide with a 100% internal model.
• Maintaining and developing the internal model through IT infrastructure and developed algorithms for calculating solvency capital under Solvency II, utilizing the stochastic simulation tool ReMetrica.
• Calculating, analyzing, and communicating results generated by these different models for branches as diverse and complex as auto, home, accident & disability.
• Supporting the reinsurance department on specific questions regarding treaty renewals and optimization while respecting the company's risk appetite.
• Also monitoring developments in the insurance sector and assessing potential impacts on the company's financial health.
• Participating in workshops organized among various Risk teams within the Group entities on key topics such as natural catastrophe modeling, cyber risk, inflation, and many others.

Profile

• Master's degree in engineering sciences, mathematics, statistics, actuarial science, business engineering, economics, etc.);
• You have a good understanding or a willingness to learn about the goals and mechanics related to Solvency II, key performance indicators for non-life insurance products (combined ratio, loss ratio, reserve level, etc.), and reinsurance principles;
• You have initial experience in P&C risk modeling and/or are comfortable with modeling concepts;
• You are capable of quickly acquiring in-depth knowledge of new tools, different programming languages, and techniques (Proficiency in Excel, R or Python, Remetrica would be a plus);
• You are rigorous in your approach to your profession and strive to demonstrate consistent quality of work;
• You exhibit critical thinking and value teamwork;
• You are curious and possess excellent communication skills, both verbally and in writing.
• You are fluent in French or Dutch and have a good command of English.

Our client, an insurance company is looking for a Senior Life Risk Actuary to strengthen the Financial & Insurance Risk Management team. He·she will be in charge of challenging the pricing, the modelling of liability cashflows and customer behaviour as well as other assumptions.

The Senior Life Risk Actuary will be responsible for:

• Supporting and challenging the analysis of the profitability and risk of the insurance portfolio throughout any product development and management cycle, including reviewing and testing pricing tools, cash-flow modelling tools, and challenging best-estimate assumptions used.
• Acting as the second line of defense and proactively collaborating with the first line of defense on various insurance product matters such as launching new products and reviewing existing products.
• Providing clear and impactful insights into the results obtained from pricing, models, and assumptions reviews, including accurately documenting insurance product reviews.
• Proactively collaborating with the Actuarial Function Holder, who also serves as the second line of defense.
• Actively participating in technical committees concerning the launch and review of insurance products.

Profile

• Master’s degree in a quantitative subject (e.g. actuarial, mathematics, physics, engineering sciences, economics).
• Minimum five years of relevant work experience in risk management.
• Solid knowledge and understanding of the various types of life insurance products, actuarial modelling software and the Belgian life insurance market.
• Knowledge of R³S (AFM) is considered a bonus.
• Knowledge of Solvency II and IFRS17 is an asset.
• Data analysis capabilities are a plus (Python / R).
• Analytical, always eager to learn and able to work in an accurate and precise way as well as in an autonomous way.
• The candidate is not afraid of asking questions.
• Excellent command of English, and knowledge of Dutch and/or French. 

Our client, an insurance company is looking for a Life EB Reporting Actuary to strengthen the EB Department. He·she will be in charge of reporting on the analysis of key drivers of value creation (BGAAP and IFRS) and implementing controls and processes in response to the changing environment. 

The Life EB Reporting Actuary will be responsible for:

• Contributing to regular BGAAP and IFRS reporting, as well as to the analysis of key drivers in “profit by sources” and accounting affiliation.
• Integrating product developments and reporting requirements into existing reports, as well as optimising existing processes.  This also includes documenting them, identifying risks and developing controls.
• Contributing to the running of the project as regards the Risk Management area of responsibility (drafting requirements, tests, support tools, etc.).

Profile

• Master's degree in Actuarial Science, Mathematics or any other quantitative field.
• Experience of life insurance/reinsurance and its accounting implications, and familiar with actuarial calculations and models. Experience with IFRS17 and Solvency 2 is a plus.
• Good knowledge of Excel and SAS.
• Good analytical mind and able to think independently.
• Ability to stand back and analyse the big picture and think strategically, while at the same time being hands-on enough to implement strategies effectively.
• Good communication skills.
• Willing to dive into technical systems, their operational functioning and accounting links.
• Team player, flexible and willing to work in different locations.
• Fluency in Dutch, French and English.

Our client, an reinsurance company is looking for a Technical Advisor Analytics to strengthen the Analytics Department.

The Technical Advisor Analytics will be responsible for:

• Maintaining and developing pricing tools,
• Reviewing rating methods to ensure their robustness and implementing new actuarial methods that answer the needs of the business,
• Applying reinsurance pricing techniques and analysing contracts to deliver profitable business growth,
• Supporting the development and provision of underwriting statistics and portfolio studies to Actuarial, Finance, Underwriters in order to provide accurate management information,
• Building and maintaining relationships with internal and external stakeholders to improve customer focus,
• Participating in various projects covering pricing, reserving, capital management and business planning.  

Profile

• Master’s degree in Actuarial Science, Economics, Statistics or other scientific background,
• Minimum 3 years of relevant experience,
• Appetite for programming and innovation,
• Ability to understand, use and improve models,
• Ability to work independently, meet deadlines, take initiatives,
• Willing to collaborate and share knowledge,
• Curiosity and sense of initiative,
• Good command of English as well as French and/or Dutch.

Our client is looking for an Actuary - Prudential Control to strengthen the monitoring department. He·she will be in charge of bringing together the legal, financial, actuarial and IT points of attention into a comprehensive risk assessment of the audited companies.

The Actuary - Prudential Control will be responsible for:

• Assessing Life and Non-life insurance risks (incl. reserving methods and the level of technical provisions, profit-sharing, technical profitability and the technical basis for pricing) and calculating risks related to capital requirements;
• Challenging the Solvency condition and the actuarial analyses of audited companies on an individual basis, using own criteria and monitoring tools;
• Carrying out cross-over analyses of market data which may lead to in-depth reviews on an individual basis;
• Assisting in particular cases (mergers, acquisitions, portfolio transfers, etc.) when actuarial expertise is required;
• Analysing the robustness of the companies’ business model and the related risks, taking into account the economic and competitive context in which they operate and the challenges facing in the insurance sector;
• Contributing to the development of insurance sector regulation and supervisory policy by sharing the results of above studies through appropriate discussion forums.

Profile

• Holds a master’s degree in Actuarial Science or similar;

• Previous experience in the field of Solvency II, particularly in calculating and/or controlling the valuation of assets and liabilities and the Solvency capital;
• Good knowledge of requirements related to the annual accounts of insurance companies and/or of the Royal Decree on Life insurance;
• Interest in the fields of cyber risk, InsurTech, Data Science, Artificial Intelligence;
• Good analytical, oral and written communication skills;
• Ability to work independently and as part of a team in a multidisciplinary and international environment;
• Capacity to develop an appropriate argument and be persuasive;
• High sense of ethics and confidentiality;
• Very good knowledge of French and Dutch (min. B1 level) and English (min. B1 level).