Our client an insurance company, is looking for a Senior Life & Health Actuary to strengthen the Financial Actuarial Department. He·she will be in charge of IFRS 17 and Solvency 2 calculations and analyses for individual life insurance products and loan insurance products.

The Senior Life & Health Actuary will be responsible for:

• Implementing IFRS 17:
  • Producing  internal interpretations;
  • Defining process;
  • Developing and monitoring internal tools;
  • Collecting data, carrying out calculations, inherent controls and analyzing results;
• Solvency 2 tasks:
  • Carrying out and analyzing Best Estimate and SCR calculations;
  • Performing sensitivity tests;
• Presenting and explaining the calculation methods to results on the different standards to different stakeholders.

Profile

• Master’s degree in Actuarial Science, Finance or Mathematics;
• At least 5 years’ experience in the actuarial field, related to Solvency 2 or IFRS 17 or loan insurance products or individual life insurance products, except health;
• Mastery of Excel/VBA. Knowledge of Python is an asset;
• Ability to adapt and collaborate;
• Analytic mind and rigor;
• Proactivity;
• Ability to popularize complex subjects;
• Command of French and enough knowledge of English to understand regulatory texts.

Our client an insurance company, is looking for a Life Risk Actuary to strengthen the Risk Department. He·she will be in charge of participating in control and risk management activities.

The future Life Risk Actuary will be responsible for:

• Contributing to the development of the risk management framework and understanding the overall risks of the group and the pension activity;
• Implementing the risk appetite framework: methods, operational implementation (risk limits) and monitoring;
• Conducting risk assessment and sensitivity studies;
• Setting up and monitoring indicators for financial and technical risk management;
• Participating in ORSA exercises: first and third assessments (method, evaluations, etc.), stress tests, reporting;
• Ensuring that technical (investment, market, liquidity, default, etc.) and "operational" (data quality, EUC, outsourcing) risk policies are kept up to date;
• Managing the data quality system in collaboration with the technical and financial teams;
• Leading and participating in the drafting of the RSR and SFCR narratives;
• Participating in model control in collaboration with the committee;
• Carrying out technical and regulatory monitoring.

Profile

• Master’s degree in Actuarial Science or Finance;
• Successful experience of 1 to 3 years or more in the insurance sector, in a risk management department or similar;
• Command of Solvency 2 regulatory texts and associated technical concepts;
• Ability to understand an actuarial modelling tool;
• Proven knowledge of risk modelling;
• Advanced knowledge of Excel / VBA;
• Dynamic attitude and strong capacity for initiative;
• Ability to work in a team and independently;
• Curiosity and good writing skills;
• Methodical and strong conceptualisation skills;
• Good command of French.  

Our client an insurance company, is looking for a Life & Health Actuary to strengthen the Finance Department. He·she will be in charge of the technical follow-up of client accounts.

The future Life & Health Actuary will be responsible for:

• Assessing technical provisions for client and institutional accounts and drafting analysis reports for internal or external use;
• Analyzing margins and producing profitability indicators;
• Providing advice and technical assistance to other departments;
• Participating in the convergence of the client and institutional accounts visions;
• Participating in the process of responding to calls for tenders on the technical provisions aspect (calculation methods, reserves transfer, etc.) and technical and financial protocol;
• Contributing to the production of institutional accounts and regulatory reporting in accordance with social and prudential standards, in the group's ORSA and in the preparation of the forecast plan;
• Designing and contributing to the improvement of tools, processes and technical documentation.

Profile

• Master’s degree in Actuarial Science, Applied Mathematics or Statistics or any equivalent professional experience;
• 3 to 5 years of experience in the actuarial field;
• Proficiency in the calculation of provision in social standard, notion in client account and profit sharing schemes;
• Knowledge of Solvency 2, pricing and/or portfolio monitoring is an asset;
• Good command of Excel, SAS, R and PPT;
• Good communication and dynamic attitude;
• Ability to work in a team;
• Ability to work in project mode, transversally and in an environment of transformation;
• Command of French.

Our client, an insurance company is looking for a Senior Life & Health Actuary to strengthen the Finance Department. He·she will be responsible for the prudential management and monitoring of the financial balance of the activities.

The Senior Life & Health Actuary will be responsible for:

• In the context of the social and prudential supervision of the group's entities, in particular via the quarterly/annual reporting, the provisional plan or the ORSA:
  • Producing and analyzing calculations of technical provisions (social standard/Solvency 2) and capital requirements;
  • Determining the solvency of pension funds;
  • Producing the technical margin and the social result of the institutions by carrying out consistency controls, points of attention or reserves for the governance;
  • Participating in the production of regulatory reporting (QRT/ENS) and the production of narrative reports (ORSA/RSR/SFCR);
  • Contributing to the development and enhancement of projection models and reserving methods.
• Monitoring and alerting on the financial balances of the institutions through risk monitoring and modelling of results and future solvency;
• Synthesizing results for presentation to various committees or for external use;
• Automating and optimizing existing tools and processes;
• Contributing to the drafting of technical documentation;
• Providing advice and technical assistance to other departments.

Profile

• Master's degree in Actuarial Science, Engineering or with a specialization in mathematics;
• 5 to 10 years’ experience in a consulting firm, insurance company or pension fund;
• Experience in assessing capital requirements and calculating multi-standard provisions for health and pension. Experience in disability is required;
• Very good knowledge of Solvency 2 and prudential regulations;
• Knowledge of Pack Office, VBA and SAS;
• Demonstrates agility and the ability to initiate ideas;
• At ease with data processing;
• Rigor, analytical mind and intellectual curiosity;
• Able to work in a team and independently;
• Ability to synthesize, to communicate effectively and to share expertise;
• Fluency in French.

Our client, an insurance company is looking for a Non-Life Pricing Actuary to reinforce its Reinsurance and Non-Life Pricing department.

The Non-Life Pricing Actuary will be responsible for:

• Participating in new products development and existing pricing and products revision in collaboration with the product management department, in order to achieve the objectives of profitability and growth
• Developing pricing and product profitability studies tools
• Providing support for non-life studies
• Monitoring technical regulatory developments.

Profile

• Master’s degree in in Actuarial Science
• First experience in Non-Life business is an asset
• Significant expertise in pricing and profitability analysis
• Ability to manage projects and work in a team
• Autonomous, proactive and critical spirit
• Analysis and synthesis skills
• Good interpersonal skills and good communication skills
• Preferably bilingual (French, Dutch) with a passive knowledge of English.

Our client, an insurance company is looking for a Risk Modelling & Analytics Manager to strengthen the Risk Department. He·she will be in charge of  identifying, assessing and controlling risks, formulating innovative risk management proposals and convincing the various parties involved.

The Risk Modelling & Analytics Manager will be responsible for:

• Developing and maintaining the company’s actuarial and risk management models;
• Coordinating stress test studies both internally and the ones requested by the regulator;
• Monitoring and analysing key indicators of risk management such as Solvency II ratio, duration gap, liquidity ratio, Earnings At Risk, etc.;
• Reviewing asset allocation strategy to cover insurance products and in line with the risk appetite limits of the company;
• Coordinating the production and submission of strategic issues such as the ORSA reporting and related quantitative exercises (Stress testing the financial plan, assessing the company's most important risks, etc.);
• Monitoring and providing methodological support to finance teams in the context of the new IFRS 17 regulation;
• Participating in various committees to provide an analysis of the company's vulnerability to certain exposures or strategic decision-making.

Profile

• Master’s degree or PhD in Actuarial Science, Economics, Mathematics, Physics or Engineering;
• At least 5 years of experience in the actuarial/risk management field in the insurance and financial markets;
• Excellent knowledge of financial instruments (bonds of various kinds, shares, real estate, investment funds, mortgages, private equity, etc.);
• A sound knowledge of Solvency II and a willingness to learn about the continuous evolution of regulatory aspects (IFRS, ESG, Insurance Law, etc.);
• Ability to develop a holistic and independent approach to risk management to proactively support and guide the business lines within a framework of good governance, management and risk appetite;
• Knowledge of MS Office, VBA, etc.;
• Management skills and team spirit;
• Critical thinking, stress resistant and result-oriented;
• Good oral and written communication skills; ability to communicate simply and synthetically on complex subjects to management and business;
• Fluency (written and spoken) in a national language (Dutch or French) and knowledge of English.

Our client, an insurance company is looking for a Reserving & Performance Manager to strengthen the Non-life Department. This department is in charge of providing the top management with an understanding of the results and non-life reserving.

The Reserving & Performance Manager will be responsible for:

• Analysing results, defining and using actuarial and financial performance indicators to provide a relevant analysis of the profitability of the portfolios in relation to the strategy, and proposing any corrective measures;
• Modelling liabilities and establishing the level of technical provisions to be set up, validating the reservation policy;
• Participating in the company's monthly and quarterly closings by carrying out reserve calculations in accordance with the various standards (BE GAAP, Solvency 2, IFRS 4 and IFRS 17);
• Participating actively in coordination meetings with the business, product management and claims management teams in order to present the results of activities and exchange the information needed for their analysis;
• Developing specific expertise for each branch of non-life insurance, each subsidiary, each distribution channel;
• Continuously innovating, by developing new actuarial tools and techniques related to the team's activity and coordinating ad hoc studies required for these purposes.

Profile

• Master’s degree in Actuarial Science;
• 7 to 10 years of experience in the non-life actuarial field;
• Knowledge of Excel, Word, SAS and IBNRS;
• Strong interest in data analysis and figures;
• Ability to support a team of experts, give them a vision of the strategy to follow and coach the most junior ones;
• Ability to share knowledge;
• Organized and structured;
• Critical mind and curiosity;
• Ability to work in a team with other departments;
• French or Dutch native speaker and a good knowledge of the other language.

Our client, an insurance company is looking for a P&C Pricing Actuary to strengthen the Pricing Department. He·she will be in charge of the relevant pricing models and providing support to the respective underwriting teams within the European subdivisions, especially The Netherlands, Belgium and France.

The P&C Pricing Actuary will be responsible for:

• Developing a strong working relationship with the senior management team, underwriters and underwriting management;
• Supporting the development and deployment of pricing models and ensuring that models comply with the technical pricing framework and pricing policy;
• Analysing external and internal data to build and validate technical pricing models;
• Supporting, coaching and advising underwriters in actuarial & technical issues, including case pricing, expense allocation, renewal monitoring, expected loss cost calculations and business planning, challenging where appropriate;
• Supporting the business and underwriters on other actuarial related matters such as reserving and internal model parameterisation which are performed by other actuarial teams;
• Working with management to monitor the performance of the business, for example in the class performance reviews giving an independent opinion on the quality of the risks written and by improving business performance through portfolio analysis;
• Maintaining and developing management information available for analysis and reporting;
• Liaising with other functions within the company when required;
• Coaching and managing more junior members in the team when required.

Profile

• Master’s degree in Mathematics, Statistics, Actuarial Science, or in any other quantitative and analytical training;
• At least 5 years of experience in P&C;
• Experience with statistical and predictive advanced modelling;
• Experience with Machine Learning;
• Experience in European underwriting classes and environment;
• Good knowledge of Excel/VBA and Python or R is an asset;
• Experience in SQL and knowledge of SAS are a plus;
• Good interpersonal skills;
• Ability to work well under pressure;
• Attention to detail and ability to self-check work, analytical mindset;
• Proactive, flexible and adaptable;
• Capacity to defend own views and position;
• Fluency in English and knowledge of French or Dutch is an asset.

Our client, an insurance company is looking for a Pricing Data Scientist to strengthen the Pricing Department. He·she will be in charge of the data that is feeding the relevant pricing models and providing support to the respective underwriting teams within the European subdivisions.

The Pricing Data Scientist will be responsible for:

• Developing a strong working relationship with the underwriters and underwriting management;
• Analysing external and internal data to build and validate reports that will feed the technical pricing models;
• Maintaining and developing management information available for analysis and reporting.

Profile

• Master’s degree in Mathematics, Statistics, Actuarial Science, or in any other quantitative and analytical training;
• At least 3 years of experience in pricing, preferably in P&C;
• Experience with statistical and predictive advanced modelling;
• Knowledge on data queries (SQL) and data visualization (PowerBI);
• Good knowledge of SAS and Excel/VBA. Experience in Python or R is an asset;
• Good interpersonal skills;
• Ability to work well under pressure;
• Attention to detail and ability to self-check work, analytical mindset;
• Proactive, flexible and adaptable;
• Capacity to defend own views and position;
• Fluency in English and knowledge of French or Dutch is a plus.

Our client, a consulting company, is looking for an Actuarial Practice Leader to strengthen the Risk Department. He·she will be responsible for providing insurance optimisation advice based on actuarial models and captive optimisation to a wide range of corporate clients.

The future Actuarial Practice Leader will be responsible for:

• Non-life pricing and optimization:
  • Helping clients maximise their insurance strategy by ensuring that pricing is in line with the risk levels transferred to the insurance market;
  • Developing forward-looking actuarial loss forecasting models for companies in all sectors;
  • Producing strategic recommendations based on the results of the model to help clients manage their risks more efficiently;
  • Carrying out and managing risk financing consultancy missions (captive, programme restructuring, etc.): diagnosis, qualification/quantification, development of solutions and recommendations;
  • Producing reports on results, decision support tools, proposing possible recommendations, implementation and negotiation, monitoring effectiveness, setting up control procedures for management.
• Capitalization and Solvency II:
  • Providing an objective view of the profitability and financial strength of captive insurance/reinsurance or other self-insurance solutions;
  • Actively contributing to the actuarial function of the captives and periodically reviewing their solvency capital requirements (SCR) and technical provisions;
  • Developing assumptions and challenging them where necessary to ensure a sound risk management framework;
  • Supporting ongoing regulatory compliance and timely completion of regulatory returns in a number of domains.
• Non-life reserving :
  • Conducting actuarial analysis of reserves for corporate clients and/or their insurance captives;
  • Producing deliverables/client reports in a clear, concise and appropriate style.
• Participating in ad hoc projects;
• Managing and developing the skills of the team and maintaining team performance by setting clear objectives;
• Managing complex actuarial projects;
• Reviewing client data, performing exploratory data analysis and maintaining client revenues within the portfolio.

Profile

• Master’s degree in Actuarial Science and Qualified Actuary;
• Minimum 5 years’ experience as an actuary or actuarial consultant;
• Solid knowledge of the business world and its financial, fiscal and legal aspects;
• Proficiency in Office suite, VBA, R, R/R Shiny, Power BI, RADAR, Igloo and ResQ. Knowledge of Python is an asset;
• Very good interpersonal skills and team spirit;
• Strong convincing skills, ability to listen carefully and to meet deadlines;
• Very good communication skills;
• Fluency in English. Knowledge of another language is an asset.