Our client, an international reinsurance company is looking for a Technical Advisor Underwriting Life to strengthen the Life Underwriting department. He/she will be in charge of providing actuarial technical support to ensure that business decisions are made using the best possible quantitative information and support.

The Technical Advisor Underwriting Life will be responsible for :

• Reserving: support the forecasting of technical provisions, reserve margins and reserve uncertainties to provide business analysis for reports and accounts, business planning, profitability studies and commutations.
• Portfolio performance monitoring: Support the development of underwriting statistics to Actuarial team/Finance/Board/Underwriters.
• Pricing: Support the development of pricing tools and rates and the review of premium/rating methods.
• Business Planning: Support the business planning process including collection and analysis of information, development of tools and reports.
• Reinsurance: Support the analysis of reinsurance options and reinsurance purchases as required.
• Capital Modelling: Support the analysis to determine the capital needs of the business. Support the development of reports and presentations appropriate to the parties involved including internal management and regulators to ensure the company has good understanding of capital needs.
• Risk aggregation: Support in the modelling and analysis of risk aggregation. …

Profile

• Master’s degree in actuarial sciences, mathematics, engineering or equivalent
• Previous experience completing actuarial studies is an asset.
• Good IT skills, and strong skills in Excel and other analytical tools.
• Good presentation and communication skills
• Autonomous with team spirit
• Ability to use and interpret numerical data.
• Ability to organize own work to meet deadlines
• Ability to work within defined procedures
• Fluent in Dutch and English, knowledge of French is a strong asset.

Our client, the Belgian entity of an international insurance company, is looking for an Actuary to join the team dedicated to Solvency II, IFRS 17 and Value. Within the team, the future Actuary will more specifically work on Solvency II assignments.

As part of his/her function, he/she will have the following tasks: 

• Collect inputs from all lines of business and build model points.
• Collect inputs from all lines of business and build model points.
• Ensuring the quality of inputs through consistency testing.
• Ensuring the adequacy of accounting data and actuarial data, in terms of technical provisions and premiums.
• Prepare and set up Prophet workspaces for cash flow projections.
• Calculate the SII technical provisions (Best Estimate of Liabilities + Risk Margin) overall and per product and per Line of Business.
• Calculate the SII solvency indicators (SCR + MCR) based on the standard model.
• Calculate the value indicators for the portfolio and the New Business.
• Analyse and interpret the results of the various calculations.
• Write analysis notes on inputs and solvency indicators.

Profile

• Master’s degree in Actuarial Science or another quantitative field such as Mathematics, Statistics, Finance or Economics.
• A first experience in the insurance sector.
• Good command of Excel, Access and VBA.
• Knowledge of Prophet and SAS is an asset.
• Strong analytical skills (especially quantitative) and a critical eye for figures.
• Good ability to manage a schedule and meet strict deadlines.
• Strong sense of initiative and autonomy.
• Strong team spirit.
• Fluency in French and English.

Our client, the Belgian entity of an international insurance company, is looking for an Actuary to join the team dedicated to Solvency II, IFRS 17 and Value. Within the team, the future Actuary will more specifically work on IFRS 17 assignments.  

He/She will be in charge of the implementation of the actuarial part of the IFRS17 standard on the Belgian entity’s portfolio.

As part of his/her function, he/she will have the following tasks: 

• Take ownership of the company’s Global Guidelines IFRS17 and apply them to the Belgium portfolio by drafting Local Guidelines.
• Carry out the actuarial calculations required for the Dry Runs organised by the company’s Head Office:

• Calculation of the PVFCF (Cash Flow Projection) and the Risk Adjustment at the level required by IFRS17 (i.e. at the Units of Accounts level).
• Determination of the contractual service margin (CSM) via Transition calculations.
• Performing the required Movements Analyses (between Solvency II and IFRS17 and between opening and closing data).

All these calculations have to be performed by ensuring the quality of the data used via consistency tests and reconciliation exercises with the Accounting teams. He/She will therefore have to:

• Collaborate with all local teams involved in IFRS17 (Accounting, Controlling, ETO).
• Collaborate with the Corporate Actuarial teams (Head Office) who set up the calculation tools.
• Analyse and interpret the results of the various calculations.
• Write the required analysis notes (Head Office standard template to be adapted if necessary).

Profile

• Master’s degree in Actuarial Science.
• 4/5 years of experience in the actuarial sector.
• Good command of Excel, Access and VBA.
• Knowledge of Prophet and SAS is an asset.
• Strong analytical skills (especially quantitative) and a critical eye for figures.
• Good ability to manage a schedule and meet strict deadlines.
• Strong sense of initiative and autonomy.
• Strong team spirit.
• Fluency in French and English.  

Our client, an insurance company, is looking for an Actuary and Data Scientist to join the ‘Data Analytics and Actuarial Team’.

Within the team, the Actuary Data Scientist will act as a scoring and modelling expert within a section of the division that has a large role to play in its core business.

This is a key position aimed at improving the performance of the business, deploying models on the basis of big data and artificial intelligence. Your analyses will form an impulse for innovative proposals aimed at giving the division’s departments guidance in making the strategic choices that lie ahead for them.

The Actuary/Data Scientist will be responsible for:

• Handling the SAS databank, its data inflows and the resultant reports that are produced and be able to carry out updates and upgrades without impinging on levels of data quality.
• Detecting business issues to introducing machine learning methods (over and above existing statistical models), with the goal of forestalling risk (such as fraud and payment default) and work to improve existing management processes.
• Monitoring the developments of the existing models: these include scoring models (such as PD and LGD), the standard formula for solvency and the constitution of IFRS 17 provisions.
• Improving the models to enhance them, for example to have finer risk segmentation according to profile.
• Anticipating the need for analysis and formal disclosure of the trading activity. Providing KPIs and dashboards for key departments such as Risk management, Business, Claims and Collection, as well as providing explanations, logging results and tracking the developments.
• Working on studies aimed at predicting future change to the business, presenting the results in intelligible form, and arriving at conclusions with a description of the impact of each of several alternatives.

As part of the team, taking part in the models’ development: from the needs analysis, through design, development, testing, results comparison, to documentation and beyond. …

Profile

• Impassioned by data, with a master’s degree in mathematics or data modelling (data sciences, actuarial profession, statistics or similar),
• At ease in interpreting figures, programming and modelling.
• Excellent ability in working with data and exploring it to maximize its value.
• Good knowledge of credit rating techniques and modelling and having abilities in machine learning and use of big data techniques.
• Interest in new technologies and new techniques.
• Excellent knowledge of a statistical programming language, R is a strong asset.
• Experience in SAS programming (SAS Enterprise Guide, Enterprise Miner).
• Good familiarity with the tools contained within the Microsoft Office suite, especially a specialized knowledge of Excel.
• Autonomy, rigor, analytical mind and able to discern the bottom line.
• Able to reformulate complex concepts in clear, simple language free from jargon.
• Good ability to document programs and models, and can draft clear, relevant written conclusions.
• Good organization skills and team spirit.
• Good communication skills.
• Fluent in French or Dutch and in English

Our client, an insurance company, is looking for an IFRS17 Life Actuary to reinforce its Life Actuarial department. He·She will be in charge of calculating the life IFRS 17 reserves, of developing and modelling the technical provisions as well as managing and reporting the corporate and retail life insurance technical risks.

The IFRS 17 Life Actuary will be responsible for:

• Verify the calculation of technical reserves under IFRS17, and the drafting of models, as well as assess the quality of the data used.
• Carry out back-tests and stress-tests.
• Contribute to the continuous improvement and optimization of the management and reporting processes within the framework of IFRS17.
• Support the drafting of the various reports related to the IFRS17 regulations.
• Carry out actuarial studies in order to give insights to various operational departments such as accounting, risk management, finance,...
• Contribute to legal reporting, particularly in the IFRS17 framework.
• Monitor regulatory changes.

Profile

• Master’s degree in in Actuarial Sciences
• First experience in Life Actuarial and/or life risk management. A first experience with IFRS 17 is an asset.
• Proactive and autonomous, diplomatic and flexible.
• Proactive and autonomous, able to work in a structured manner
• Analysis and synthesis skills, with an eye for details.
• Able to work in a structured manner with good abilities to retain information.
• Team spirit.
• Fluent in Dutch, knowledge of French is an asset.

Our client, an insurance company, is looking for a Non-Life Actuary to reinforce its Reporting & Reserving department.

The Non-Life Actuary will be responsible for:

• Doing technical analyses, dashboards and actuarial studies to support the management in their decision-making process.
• Developing ad-hoc studies and write the reports linked to the studies to support other operational departments such as accountings, risk management, finance…
• Complete the necessary studies for the Belgian GAAP, IFRS and Solvency II closings.
• Improving and optimizing reporting processes.…

Profile

• Master’s degree in in Actuarial Sciences
• First experience in Non-Life business is an asset
• Knowledge of MS Office, R and SAS.
• Proactive and autonomous, able to work in a structured manner
• Analysis and synthesis skills, able to handle and respect deadlines and planning
• Team spirit
• Fluent in French or Dutch with a good knowledge of the other language.

Our client, an international insurance company, is looking for a Head of the Technical Department. Managing three teams: Data & Analytics, Pricing and Reserving & profitability steering, the future Head of Technical Department will also be responsible for the following tasks:

• Creating a center of excellence for pricing, in terms of methodologies, practices and tools.
• Standardization and homogenization of practices, methodologies and tools.
• Optimization of the planning and organization of business review activities with end customers as well as with business lines that are in demand.
• Maintaining compliance with governance (including for pricing and underwriting committees).
• Ensure the quality and excellence of underwriting of new business and secure renewals for existing portfolios.
• Managing the three teams to make them grow and supporting them to comply with the strategic plan.

Profile

• University degree in actuarial science,
• Ten to fifteen years of professional experience as an Actuary, including a strong experience in Non-life insurance. A knowledge of assistance products is an asset.
• Strong experience with pricing and portfolio monitoring and/or reserving.
• A good knowledge of R and modelling and programming skills.
• Previous experience in management
• Analytical mind and pragmatism,
• Able to lead change and to drive technical excellence.
• Business mindset and commercial awareness.
• Excellent communication and presentation skills.
• Fluent in French and English.

Our client, an insurance company, is looking for an IFRS 17 Life Actuary who will mainly be responsible for deploying a solution for the transition from IFRS 4 to IFRS 17, participating in the construction and documentation of the IFRS17 solution in the Life reporting tools as well as in the development of profitability indicators.

The future IFRS 17 Life Actuary will also be responsible for the following tasks:

• Establishing, validating and controlling the IFRS technical reporting for Life products,
• Drawing up the notes to the accounts (Disclosures),
• Drawing up the forecasted accounts (Target, Strategic Plan),
• Analyzing, commenting on and monitoring the evolution of results. …

Profile

• University degree in financial engineering, statistics or actuarial science,
• At least three years in the field of Life insurance,
• Experience with IFRS 4 or IFRS 17,
• Mastery of the Sunrise tool is considered a plus,
• Analytical mind, pragmatism and good time management,
• Efficiency and autonomy, proactivity,
• Knowledge of at least one of the two national languages, with a good knowledge of English.

Our client, an international consultancy company, is looking for a Non-Life Manager.

The future Non-Life Manager will be responsible for :

• Accompanying the client in pricing projects and processes, through improvements and/or technological changes.
• Accompanying the client in reserving projects and processes within various regulatory frameworks.
• Taking part in developing the technical knowledge and possibilities of application of data science of the company.
• Be a reliable point of contact for the clients.
• As a manager, manage a team of consultants, depending on the missions.
• Bringing a technical support to the top management for ad-hoc technical projects.
• Taking part in the business development of the company.
• Taking part in international transversal programs and projects.

Profile

• Hold a master’s degree in Actuarial sciences, statistics, mathematics or data science
• Have from 4 to 7 years of experience in Non-life insurance, more specifically with pricing and/or reserving.
• Good knowledge of Solvency II, and ideally IFRS17.
• Good experience with Excel, VBA, SAS and Python. A knowledge of ResQ/Radar or Emblem is an asset.
• Good project management abilities
• Organization, autonomy with team spirit
• Excellent communication abilities, both written and spoken. Able to do good and efficient presentations.
• Fluent in both English and French.

Our client, an insurance company, is looking for a Non-Life Actuary to strengthen its Actuarial Department.

The future Non-Life Actuary will have the following responsibilities:

• Modelling: developing and optimizing Solvency II actuarial quantitative studies (partial internal model, standard formula, SCR calculations…)
• Taking part in regulatory reporting such as ORSA, RSR…
• Taking part in actuarial technical studies on pricing for new insurance and reinsurance products, for instance.
• Leading statistical studies. 
• Building risk monitoring and steering tools.
• Taking part in other transversal projects (EBA stress tests…) and bringing a technical support to other departments of the company (underwriting, accountings…)

Profile

• Hold a master’s degree in Actuarial Sciences
• At least 3 years of experience in non-life insurance, ideally including experience with risk modelling.
• Good knowledge of Solvency II
• Excellent knowledge of MS Office and SAS
• Team spirit and autonomy
• Rigor and intellectual curiosity
• Fluent in both French and English