Our client, an insurance company, is looking for a P&C Pricing Actuary.

The P&C Pricing Actuary will be responsible for;

Pricing of professional and commercial insurance products:

• Carrying out pricing studies (pricing of offers and new coverages, pricing policy) and drafting technical documentation relating to pricing, GLM modeling, possibly in Machine Learning,
• Technical monitoring of portfolios,
• Participation in calls for tenders.

Provisioning (provisions for IBNR, quarterly financial statements, etc.) and monitoring of the technical profitability of the portfolios:

• Deterministic estimation of ultimate claims expenses and technical reserves by product, guarantee and underwriting year within the framework of monthly accounting closures,
• Analysis of the sinistrality and production of studies within the framework of the various committees,
• Projection of future claims by product in the context of budget and landing simulations,
• Revision of the statistical opening claims packages used by the Claims Department,
• Evolution of methods and tools for calculating technical provisions.

Profile

• Master’s in Actuarial Science/Statistics/Econometrics, ideally a graduate of the Institute of Actuaries,
• Minimum five years of experience,
• Knowledge and practice of P&C underwriting techniques including GLM or GAM models, Machine Learning techniques and/or deterministic and stochastic provisioning techniques,
• Command of IT tools: Word, PowerPoint, Excel (ideally VBA) and SAS,
• Reliability and quality orientation, business acumen, capacity for innovation,
• Autonomy, good communication and synthesis spirit, cooperation and team spirit,
• Perfect command of French, fluency in English is an asset.

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

The future Non-Life Reserving Actuary will focus on the company’s international subsidiaries.

He/She will have the following main missions:

• Definition and dissemination of standards for the application of regulatory calculations on reserves and non-life underwriting risks,
• Analysis of the reliability, adequacy and level of uncertainty of the Best Estimate calculation of non-life technical reserves,
• Contribution of the technical elements necessary to assess the profitability of the various portfolios,
• Production of reporting and presentations to the management bodies on the positioning of Best Estimates, levels of uncertainty and the impact on business profitability for international subsidiaries,
• Contribution to the formulation of recommendations of the actuarial function on reserving, underwriting and reinsurance risks, for the Board of Directors,
• Contribution to the work on the implementation of IFRS 17,
• Participation in the quarterly Solvency 2 closings and contribution to the activities related to the 3 pillars of Solvency 2,
• Participation in regulatory monitoring,
• Maintaining actuarial calculation tools and contributing to the reinforcement of the efficiency and security of the processes.

Profile

• Master’s degree in Actuarial Science or in an equivalent quantitative field such as Mathematics or Statistics,
• At least 3 years of experience within an insurance company or in consultancy,
• Strong skills in non-life reserving and knowledge of Solvency 2,
• A prior experience and/or knowledge in pricing, reinsurance and/or IFRS 17 will be considered as an asset,
• Command of Microsoft Excel and ideally VBA,
• Command of ResQ, R and/or Python is an asset,
• Strong interpersonal and communication skills, including the ability to adapt to different audiences and explain complex topics in an understandable way,
• Strong organisational skills and rigor,
• Critical thinking,
• Team spirit,
• Oral and written fluency in French and English.

Our client, an international insurance company is looking for a Reserving Actuary within the Actuarial Reserving Department. The Reserving Actuary will be responsible for:

• Carrying out the quarterly process of reserving, determining actuarial best estimates for claims provisions in line with actuarial standards and Group and statutory requirements,
• Identifying and executing actuarial analyses to determine best estimate reserves and get more insight in the development of the portfolio,
• Explaining the results of the actuarial projection to the various stakeholders (CFO, Board…),
• Supporting the IFRS 17 implementation effort,
• Performing separate analyses on request of the underwriters, claim handlers and/or the board,
• Participating in the improvement of the IT infrastructure, data quality and tooling.

Profile

• Actuarial background and/or actuarial experience,
• Knowledge of standard reserving techniques,
• The command of SAS, SQL and/or VBA is an asset,
• Knowledge of IFRS 17 is a plus,
• Good communication skills, motivation, problem-solving abilities and good organizational skills,
• Working knowledge of Dutch and English, the command of French is considered as an asset.

Our client, an insurance company, is looking for a Head of Risk Management and Actuarial Function, who will be in charge of two main missions, each of them including a variety of tasks.

More specifically, the future Head of Risk Management and Actuarial Function will be responsible for :

Ensuring that the risk management function and the risk management system are set up and will:

• Assist the board of directors, the management committee and the other functions to ensure the effective functioning of the risk management system;
• Monitor the risk management system;
• Monitor the overall risk profile of the company as a whole;
• Report in detail on risk exposures and advise the board of directors and the management committee on risk management issues, including strategic matters such as business strategy, mergers and acquisitions and major projects and investments. In this context, the risk management function shall inform the board of directors and the management committee of risks identified as potentially material and provide information on other specific risk areas, either at their own initiative or at the request of the board of directors and the management committee;
• Identify and assess emerging risks.

Executing the Actuarial Function, which includes have responsibilities on the following topics :

• Reserving and technical provisions;
• Underwriting and pricing policies;
• Reinsurance;
• The implementation of the risk management system;
• Profit-sharing and refund policy;
• Transitional measures referred to in Articles 668 and 669 of the Solvency II Act;
• Reporting to the management committee, board of directors or Audit & Risk committee.

The Head of Risk Management Function & Actuarial Function will make sure all Solvency II regulatory reportings are made accurately and in time to the NBB. Since the Solvency calculations are done at a group level, the candidate must understand, participate in and challenge the calculations made by the group. …

Profile

• Master's degree in actuarial sciences, or in a mathematical - economics field;
• At least 5 years of experience in risk management in a financial institution, preferably in non-life insurance;
• Good knowledge of Solvency II;
• Strong organisational skills and ability to meet deadlines;
• Good communication and presentation skills, and ability to adapt to different stakeholders;
• Team spirit;
• Fluency in Dutch and English;
• Knowledge of French is an asset.

Our client, a French insurance company operating at an international level, is looking for a P&C Pricing Actuary to strengthen its Actuarial Team in charge of P&C products’ pricing. 

He/She will more specifically have the following responsibilities:

• Participate in the process of (new) P&C products tariff development.
• Participate in portfolio monitoring and perform profitability analysis in collaboration with other internal stakeholders, such as the sales teams.
• Perform and ensure the effectiveness of technical studies for tenders and present them to the top management.
• Monitor the evolution of pricing technical solutions on the market.
• Support the sales teams in their communication towards clients and other stakeholders.

Profile

• Master’s degree in actuarial science or another equivalent quantitative field.
• At least 3 years of relevant experience in a pricing and analytical position.
• Knowledge of actuarial topics related to P&C insurance products.
• Team spirit and project management skills.
• Analytical thinking and intellectual curiosity.
• Organisation and rigor.
• Fluency in English and French.

Our client, an international insurance company, is looking for a Risk Modeller to strengthen its Risk Modelling team

From a global perspective, the future Risk Modeller will cover the following tasks:

• Building a new generation of credit models, using Machine Learning techniques, over the period 2021-2024,
• Developing analysis tools using VBA, R, Python and/or SAS to improve the monitoring of the company’s model (quantitative testing) as well as the results,
• Implementing complete statistical tests on the parameters of the company’s credit insurance model, and their execution on an annual basis,
• Ensuring methodological consistency between the Credit VaR approach and actuarial classical approaches on premium risk,
• Executing the capital risk calculations on a quarterly basis,
• Executing calculations and analysis for stress testing purposes,
• Monitoring and controlling the company’s credit concentration risk. …

Profile

• Master’s degree in actuarial science, statistics, mathematics or another quantitative field.
• At least 2 years of experience in modelling or risk model validation,
• Programming skills in VBA, SAS, R, and/or Python,
• Strong learning skills,
• Strong interpersonal skills,
• Good communication skills and ability to present complex topics to different interlocutors in a clear and simple way,
• Fluency in English is a must, both verbal and written.

Our client, an insurance company, is looking for a P&C Product Actuary to strengthen its Technical Department. He/She will join the P&C Actuarial team, in charge of the technical design, the pricing and reserving of P&C products. However, the future P&C Product Actuary will mainly focus on actuarial studies related to Automotive products (individual and fleet insurance).

The future P&C Product Actuary will more specifically have the following responsibilities:

Design and pricing of Casualty products:

• Carry out technical pricing studies in the context of the creation of new products or guarantees, or the evolution of existing products,
• Contribute to the definition of offers in the context of the creation of new products or guarantees,
• Participate in tenders’ documents on the technical side,
• Propose and assess scenarios for pricing evolution as part of the definition of the annual pricing policy.

Calculation and management of technical provisions:

• Deterministic estimation of ultimate claims expenses and technical reserves by product, guarantee and underwriting year within the framework of monthly accounting closures,
• Analysis of the claims experience and production of studies within the framework of the various committees,
• Projection of future claims by product within the framework of budget and landing simulations.

Monitoring and analysis of portfolios:

• Defining and implementing technical steering indicators (in collaboration with the Technical Support) in the context of launching new products or guarantees,
• Analyse the indicators of claims experience

Profile

• Master’s degree in Actuarial Science, Statistics or Econometrics, being a qualified actuary is a strong asset,
• At least 4 years of experience in the Non-Life actuarial sector,
• A prior experience with fleet insurance products is a big asset,
• Good command of pricing actuarial techniques,
• Good knowledge and command of deterministic reserving methods 
• Good command of the following tools : Word, PowerPoint, Excel (ideally VBA), and SAS.
• Analytical thinking and strong communication skills,
• Team spirit and strong interpersonal skills,
• Ability to meet deadlines,
• Fluency in French.

Our client, an international insurance company is looking for a Senior Actuarial Analyst. He/she will be using quantitative methods to perform and oversee the valuation and the modelling of the company’s variable annuities portfolio. This includes continuous monitoring of the company’s reserve position and the further development of actuarial methods, the underlying systems, and tools.

The Senior Actuarial Analyst will be responsible for :

• Performing quantitative analyses of variable annuities portfolios in the context of liabilities and hedge assets valuations,
• Collaborating other teams to ensure adequate and consistent implementation and reporting of technical provisions in the new IFRS-17 standard,
• Supporting the calculation, control and reporting activities with respect to technical provisions under Solvency II, SST and MCEV,
• Preparing communication and address information requirements on reserving topics for various internal and external stakeholders such as board committees, business units, regulators and auditors.

Profile

• University degree in mathematics, Actuarial Science or related field,
• At least five years of actuarial experience in stochastic modelling (pricing, reserving, hedging, underwriting, risk management)
• Knowledge of IFRS 17 is considered as an asset,
• In-depth knowledge of derivative financial instruments,
• Experience with programming languages such as Python, SQL or similar programming skills is an asset,
• Excellent analytical and communication skills,
• Fluency in English.

Our client, an international insurance company, is looking for an Applied Scientist to join the Data Analytics team. This team supports, through technical add-ons, smart decision making and business innovations. They build competitive Machine Learning data product and create business value out of data.

As a member of this team, the Applied Scientist will have a deep understanding of the business needs and elaborate solutions using technologies in the fields of Big Data and Machine Learning.

The Applied Scientist will be responsible for:

• Actively participating in the innovation initiatives of the company and participating to discovery of new product opportunities and working closely with the business teams,
• Working on exploratory data analysis,
• Designing and implementing Machine Learning systems,
• Executing Proofs of Concept using Data Analytics and Machine Learning techniques,
• Supporting the industrialisation of models and their deployment into production applying best practices enabling the evolution of code and modelling techniques,
• Applying MLOps principles along the end to end pipeline,
• Apply best practices to develop reusable assets within the complete scope of the company.

Profile

• Have a master’s degree in Engineering or IT,
• At least 2 years of experience in developing end-to-end solutions, and hands-on experience with Python and Cloud computing,
• Have an in-depth and practical knowledge of Machine Learning, statistics, and optimization,
• Willing to test and apply Machine Learning Algorithms on real use-cases,
• Outstanding analytical and problem-solving skills,
• Result oriented and proactivity,
• Intellectual curiosity and eagerness to learn,
• Excellent communication skills and team spirit,
• Able to develop at the intersection of business needs and the technicality of new technologies,
• Knowledge of French or Dutch as well as very good knowledge of English.