Our client, a consulting firm specialized in mergers & acquisitions, is looking for an M&A Consultant to strengthen its M&A department, based in Paris. He·she will join a small team in a dynamic environment with strong client exposure.

The M&A Consultant will work under the direct supervision of VPs and Directors, and with the support of a full team of Analysts and interns.

In this role, the M&A Consultant will be responsible for

• Executing mandates from process definition, drafting of marketing documentation to negotiation phases:
  • Strategic analysis of markets and sectors.
  • Preparation of teaser, information memorandum and management presentation.
  • Construction, analysis and presentation of business plans.
  • Structuring of LBO and valuation models.
  • Management of exchanges with potential acquirers, targets and investors and participation in negotiations.
  • Coordination of due diligence phases.
• Developing the skills of and supervising the team of analysts and interns.
• Participate in the life of the team.

Profile

• Graduate from a top business school, engineering school or postgraduate degree.
• At least 3 years of successful experience in M&A, acquired in an investment bank or in a leading M&A boutique.
• Rigor and ability to invest in complex matters.
• Analytical and synthesis skills.
• Communication and presentation skills (written and oral).
• Team spirit and sense of initiative.
• Fluency in French and good command of English.
• Fluency in any other European language is an asset.

Our client, an international insurance company, is looking for an Operational Risk and Internal Control Expert. Within the framework of the company's risk policies, he·she contributes to the implementation of the risk management strategy and framework.

The Operational Risk and Internal Control Expert will be responsible for:

• Apprehending all the risks related to the company's activity in an analytical, qualitative and quantitative manner: leading, developing and monitoring the mapping of risks and controls in collaboration with operational staff (process of risk identification, evaluation, monitoring and reporting)
• Leading and developing the operational risk management system and the internal control system;
• Annual planning of risk control activities in areas related to operational risks: drawing up and implementation a plan for controlling risks, processes, procedures and data relating to operational processes.
• Set up and monitor indicators for the management of operational risks.
• Coordinate and develop the system for collecting operational risk incidents.
• Contributing to the definition and implementation of the risk management framework (ERM): drawing up risk policies (methodology, limits, reporting, framework and processes), assessing compliance (ERM Review), leading the ERM system among operational staff.
• Participate in Group Technical Committees in areas related to operational risks,
• Animate, develop and document the company's business continuity plan,
• Carry out a technical and regulatory intelligence in terms of regulatory requirements and solvency.

Profile

• University degree,
• At least 5 years of experience in internal control and/or operational risk management,
• Sound understanding of Risk Management and internal control practices and methods,
• Previous experience in the insurance industry, knowledge of life insurance is a great asset,
• Knowledge of Solvency II regulations,
• Integrity, honesty, trustworthiness, independence, ethical and credible,
• Relational ease, availability, diplomacy and openness to others,
• Great autonomy and sense of organization,
• Ability to question oneself,
• A good command of English (written and spoken) is a strong asset.

Our client, an international consultancy company is looking for a Credit Risk (Senior) Manager to strengthen the Credit Risk Department. The department advises leading financial services organizations on a wide variety of risk and capital management issues. These range from the implementation of new regulatory requirements, such as Basel III and IFRS 9, and the remediation following supervisory inspections, to defining and setting risk appetite and improving risk management throughout the organization. The Credit Risk (Senior) Manager will work on credit risk quantification: capital requirement calculation, IRB modelling, credit VaR, credit pricing, business modelling including early warning systems, collection models etc.

The Credit Risk (Senior) Manager will  :

• Strengthen client relationships through tailor made professional services for the clients and develop new business networks.
• Prepare and present proposals to clients for end-to-end solutions.
• Keep track of new regulations and their impact on the market.
• Work closely with the colleagues and team members in other areas especially in delivering cross-functional projects.
• Provide consultancy  and expertise on regulatory developments and/or credit risk modelling; TRIM remediations, credit risk modelling, validation and model audit.
• Involvement in non-regulatory modelling projects to support the credit business of the clients, this includes but is not limited to, pricing, profitability, early warning, fraud and/or collection models.…

Profile

• Hold a master’s degree or a PhD in economics, statistics, quantitative finance, mathematical or engineering discipline
• At least 5 years of professional experience in credit risk departments of banks in regulatory models (development and/or validation of PD, LGD and EAD models).
• Knowledge of a risk management framework (risk appetite framework, risk identification, risk measurement and risk mitigation), Basel agreements and recent developments (Basel IV) and general credit risk related regulatory requirements (CRR/CRD IV and IFRS 9 requirements).
• Knowledge of credit risk quantification: capital requirement calculation, IRB modelling, credit VaR, credit pricing, business modelling including early warning systems, collection models etc
• Good knowledge of programming languages such as Python, R or SAS.
• Excellent written and oral communication skills as well as presentation skills.
• Fluent in English and either in French or Dutch.

Our client, an insurance company is looking for a Head of Risk Analysis to join the Risk Management Department. As an expert in risk management, he/she will be in charge of leading a team and designing and monitoring the risk policy. He·she will also be responsible for  :

• Formulating an opinion on risk management and controlling the first line of defense regarding calculations and processes on life, non-life, ALM and investments.
• Developing a policy and guidelines for the risk management of the investment strategies and the ALM.
• Developing a policy and guidelines for the risk management of insurance activities (life and non-life), liaising with the different departments that are involved.
• Following up on the implementation of said policies and guidelines and the respect of their operational limits.
• Monitoring and updating the asset allocation strategy in accordance with the risk management policy.
• Coordinating and taking part in the writing of the regulatory reports (RSR, SFCR, compliance…)
• Operating a regulatory intelligence on both national and international levels
• Taking part in preparing the different committees the Risk Management department is involved in.

In addition, as Head of Risk Analysis, he·she will plan the tasks and resources of the team to carry out their missions.

Profile

• Hold a PhD or master’s degree in actuarial, economic, mathematical, physical or engineering sciences.
• At least 5 years of experience in actuarial and/or risk management.
• Good knowledge of Solvency II.
• Excellent knowledge of financial instruments.
• Knowledge of MS Office, VBA.
• Good team management skills and team spirit.
• Critical thinking, stress resistance and result orientation.
• Excellent communication skills.
• Proficiency in one of the national languages (French or Dutch) and at least a good understanding of the other, as well as fluent in English.

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, an insurance company is looking for a Life Product Actuary to strengthen the Life Product Department. This department plays an important role in the development and monitoring of life products within the company. He·she will be in charge of pricing and product risk management for a range of life products.

The Life Product Actuary will be responsible for  :

• Develop new technical solutions and optimize technical elements of existing products (pricing, new products, process automation, range improvement/simplification, portfolio exploration and analysis);
• Manage and monitor implementation with relevant departments;
• Develop and manage tools and dashboards to facilitate and track team activities;
• Provide actuarial and risk calculations, expertise and technical support to the various departments and partners;
• Perform pricings by ensuring a balance between support to distribution partners (commercial gestures) and risk;
• Contribute to product management activities such as business case development;
• Monitor and analyse new market trends and developments to ensure the company is well positioned in the market;
• Work closely with distribution partners to determine customer needs.

Profile

• Master's degree in actuarial sciences or equivalent experience
• A few years of relevant business-oriented actuarial life experience, preferably in the 2nd pillar of pension
• A good knowledge of all technical aspects of Life products (pension, death and disability coverage, profitability).
• Strong analytical and precision skills;
• Excellent communication skills, ability to explain complex information in a simple, clear and correct manner.
• Open-minded, positive attitude and collaborative spirit
• Autonomy and thoroughness.
• Fluent in Dutch or French with at least a good understanding of the language.
• Ability to write and read in English.

Our client, an insurance company, is looking for a Non-Life Product Manager to strengthen its Product & Market Development Department.

Purpose of the function

Development (both commercial and technical aspects) and management of insurance products suitable for the direct or affinity market with the aim of increasing market share and optimising profits by responding proactively, quickly, and adequately to the customer's insurance needs, always taking into account a good price/quality ratio and with a view to excellent service.

Main result areas:

1. The development of new products for simple risks of private individuals and adaptation of existing products. The core tasks will be:

• Market analysis locally and abroad, in the insurance sector and more broadly.
• General terms and conditions.
• Special conditions.
• Sales arguments and recommendations.
• Product procedures.
• Commercial presentation.
• Briefing and implementation.     

In cooperation with others, develop and adapt products through:

• Profitability analysis.
• Acceptance.
• Pricing.
• Legal aspects.
• Reinsurance.
• Product design.

2. Portfolio and profitability monitoring. The core tasks will be:

• Monitoring new sales and conversion figures.
• Follow-up of decline.
• Monitoring profitability in collaboration with assigned actuary.
• Based on data driven analysis look at how new sales, conversion and profitability can improve.

3. Market analyses, follow-up of market developments (supply) and needs analyses (demand). The core tasks will be:

• Continuous monitoring and analysis of the market, at home and abroad, in the insurance sector and more broadly.
• Development and management of central database.
• Product comparison.
• Characteristics of products, strengths and weaknesses.
• Legislative follow-up (in cooperation with Belins).
• Update of general terms and conditions.
• Capture of customer needs via feedback from other departments.
• Analysis of offers and prospect conversions.

4. Business development. The core tasks:

• Search for targeted partnerships and sales channels that can support the growth of the company and make the proposition unique.
• Contact potential partners and conduct negotiations.
• ....

5. Define and roll out, in consultation with marketing & communications, acquisition/upsell and cross-sell campaigns to support the commercial objective. The core tasks will be:

• Identify campaign opportunities and discuss them with management & other teams, to check if they are in line with the overall company strategy.
• Calculate the potential reach of the campaign.
• In consultation with marketing and IT, establish the ideal UX flow and request support for its further implementation.
• Determine the message of the communication together with marketing, so that the copywriters can get to work.
• Establishing and following deadlines, all parties are 'chased' in delivery.
• Testing the delivered materials before they are used externally (links, mailings, etc.)
• Follow-up and reporting.

6. Others

• Internal communication regarding products and rates - SPOC of product.
• Communication with official bodies and consumer organisations.
• Participation in various projects.
• Production of manuals and presentations.
• Development and adjustment of procedures for products.

Objectives of the department

Achieve profitable and customer-oriented products to contribute to sales, customer service and the profitability of the company.

Impact of the function

Impact on key business metrics such as turnover, sales, attrition, claims, profit.

Profile

• University degree or equivalent.
• Ideally an actuarial background or experience in insurance technology.
• Knowledge of the insurance market (supply and demand).
• Knowledge of product management.
• Knowledge of digital products.
• Good knowledge of MS-Office products.
• Customer-oriented.
• Dynamic and pro-active.
• Critical mind and creative spirit.
• Analytical thinking.
• Sociable.
• Communicative.
• Collaborative.
• Flexible.
• Fluency in French and/or Dutch and at least a good passive knowledge of the second national language.
• Fluency in English.

Our client, an insurance company, is looking for a Life Product Manager to strengthen its Product & Market Development Department.

Purpose of the function

Development (both commercial and technical aspects) and management of insurance products suitable for the direct or affinity market with the aim of increasing market share and optimising profits by responding proactively, quickly, and adequately to the customer's insurance needs, always taking into account a good price/quality ratio and with a view to excellent service.

Main result areas:

1. The development of new products for simple risks of private individuals and adaptation of existing products. The core tasks will be:

• Market analysis locally and abroad, in the insurance sector and more broadly.
• General terms and conditions.
• Special conditions.
• Sales arguments and recommendations.
• Product procedures.
• Commercial presentation.
• Briefing and implementation.     

In cooperation with others, develop and adapt products through:

• Profitability analysis.
• Acceptance.
• Pricing.
• Legal aspects.
• Reinsurance.
• Product design.

2. Portfolio and profitability monitoring. The core tasks will be:

• Monitoring new sales and conversion figures.
• Follow-up of decline.
• Monitoring profitability in collaboration with assigned actuary.
• Based on data driven analysis look at how new sales, conversion and profitability can improve.

3. Market analyses, follow-up of market developments (supply) and needs analyses (demand). The core tasks will be:

• Continuous monitoring and analysis of the market, at home and abroad, in the insurance sector and more broadly.
• Development and management of central database.
• Product comparison.
• Characteristics of products, strengths and weaknesses.
• Legislative follow-up (in cooperation with Belins).
• Update of general terms and conditions.
• Capture of customer needs via feedback from other departments.
• Analysis of offers and prospect conversions.

4. Business development. The core tasks:

• Search for targeted partnerships and sales channels that can support the growth of the company and make the proposition unique.
• Contact potential partners and conduct negotiations.
• ....

5. Define and roll out, in consultation with marketing & communications, acquisition/upsell and cross-sell campaigns to support the commercial objective. The core tasks will be:

• Identify campaign opportunities and discuss them with management & other teams, to check if they are in line with the overall company strategy.
• Calculate the potential reach of the campaign.
• In consultation with marketing and IT, establish the ideal UX flow and request support for its further implementation.
• Determine the message of the communication together with marketing, so that the copywriters can get to work.
• Establishing and following deadlines, all parties are 'chased' in delivery.
• Testing the delivered materials before they are used externally (links, mailings, etc.)
• Follow-up and reporting.

6. Others

• Internal communication regarding products and rates - SPOC of product.
• Communication with official bodies and consumer organisations.
• Participation in various projects.
• Production of manuals and presentations.
• Development and adjustment of procedures for products.

Objectives of the department

Achieve profitable and customer-oriented products to contribute to sales, customer service and the profitability of the company.

Impact of the function

Impact on key business metrics such as turnover, sales, attrition, claims, profit.

Profile

• University degree or equivalent.
• Ideally an actuarial background or experience in insurance technology.
• Knowledge of the insurance market (supply and demand).
• Knowledge of product management.
• Knowledge of digital products.
• Good knowledge of MS-Office products.
• Customer-oriented.
• Dynamic and pro-active.
• Critical mind and creative spirit.
• Analytical thinking.
• Sociable.
• Communicative.
• Collaborative.
• Flexible.
• Fluency in French and/or Dutch and at least a good passive knowledge of the second national language.
• Fluency in English.

You have a strong technical background in the underwriting of P&C Insurance business and are looking for a position in an International environment contributing to the commercial success of a dynamic team.

Global Travel Underwriter

As a major and innovative player in the assistance market, Europ Assistance generated sales of approximately € 1.7 billion in 2020 and has more than 7,000 employees worldwide. Present in more than 30 countries and using a network of 410,000 suppliers throughout the world, Europ Assistance continues its development by offering efficient and innovative solutions.

Context

Within the Insurance Department of the Europ Assistance Group, you will contribute to the development and manage the profitability of the International Travel portfolio of the Europ Assistance Group. The International Travel portfolio is a growing insurance portfolio and your contribution will be key for the success of the Travel strategy of the EA Group. You will report the Global Head of Travel Pricing and Underwriting.

Responsibilities /Tasks

​ Manage the Pricing Process of our international tenders on the Travel Business Line on various customer segments, including Airlines, Online Travel Agencies, Cruises, Credit Cards, … Key challenges on that topic are:

o​ Evaluating the risk properly; understanding specificities of the opportunity; leveraging existing databases or existing segmented pricing models (such as GLMs).

o​ Interacting with the Sales team to build the best possible offer for the partner

o​ Presenting the proposed pricing structure, expected profitability and areas of concerns to the Underwriting Committee and in some occasions, to the partner in collaboration with the Sales team

​ Steer profitability of the portfolio of our International contracts through:

o​ Work with the data teams to further improve existing data and availability to the technical team

o​ Industrialization of technical follow up / reporting of frequencies, average costs, … (automation of profitability monitoring dashboards)

o​ Technical analyses by product and market

o​ Definition of pricing adjustments where applicable or other levers to steer profitability

o​ Coordinate with the Irish Branch of the Europ Assistance Group to share analyses on the profitability of the Travel International portfolio.

o​ Accompany the sales teams to present technical performance of the program during Annual Business Reviews

​ Steer other group transversal initiatives on profitability

o​ Validate pricings done by local EA entities in accordance to the Group underwriting guidelines

o​ Challenge action plans taken by local EA entities on their unprofitable accounts and

Your contacts will be

​ EA Holding

o​ General Management

o​ Global Sales team

o​ Data team

o​ Actuarial team

​ EA local entities

o​ Sales team

o​ Technical team

​ EA Irish branch carrying the insurance risk for our international business

Education or equivalent experience

​ Bachelor's degree in actuarial science, mathematics, or related area.

Skills/ Knowledge/abilities

​ You have a strong technical background in actuarial science or insurance.

​ Your technical knowledge has been supplemented by 3-10 years of prior experience in the underwriting of property and casualty insurance business

​ You are willing to work in an international environment in close collaboration with the commercial team and willing to be exposed to our partners

​ You have a good level of English (the Group's language of exchange)

​ Good R or other statistical tool skills

​ Organized and autonomous: you will have to manage different topics and activities at the same time

​ Excellent analysis and synthesis capabilities; ability to communicate technical results to an audience with a different backgrand

​ Proactive and relationship building oriented, driven by curiosity and personal initiative