Our client, an insurance company is looking for a Non-life Actuary Product & Pricing to strengthen the Non-life Pricing & analytics department. He·she will be directly involved in the creation and pricing of products and in the profitability analysis of the portfolio.

The Non-life Actuary Product & Pricing will be responsible for  :

• The production of analyses related to the design of new non-life products.
• Monitoring the profitability of the portfolio
• Pricing of non-life products
• Application of different exploration or learning models
• Updating of the pricing models.
• Communication of results and strategic proposals and conclusions. …

Profile

• Master’s degree in actuarial science, a quantitative field or equivalent
• At least 3 years of experience in pricing non-life and statistical analysis.
• Good knowledge of data analysis algorithms.
• Excellent knowledge of Excel, experience with R is a plus.
• Excellent synthesis skills and strong interpersonal skills
• Critical thinking, pro-activity and argumentation skills
• Rigorous, structured and analytical work methodology
• Ability to work independently while being a good team player
• Fluent in English and French, knowledge of German is a strong plus.

Our client, an insurance company is looking for a Life & Health Reserving Actuary to strengthen the International Health team. He·she will be in charge of setting the reserves and advising management on the performance of a number of key accounts and lines of business.

The Life & Health Reserving Actuary will be responsible for:

• Reserving and regulation
  • Maintaining and enhancing the company’s reserving function according to local regulation, IFRS 17 and Solvency II and the group’s initiatives for Technical Excellence.
  • Assisting the team in submitting timely and accurate deliverables.
  • Supporting internal and external audits.
  • Explaining movements to internal stakeholders.
• Portfolio and profit management
  • Maintaining and further developing the company’s suite of profitability analysis reporting and engaging in pricing oversight.
  • Assisting in maintaining an actuarial data base for both the Paris and Dublin businesses and conducting projects to continuously enhance availability, completeness, reliability and granularity of data.

• • Updating and enhancing the reserving methodology and segmentation through a deep dive in contracts and available sources of data.
• Other duties
  • Advising on the reinsurance arrangements.
  • Participating in the annual planning exercise.
  • Assisting the Finance Department in areas such as financial projections, budgeting, statutory reporting and reinsurance accounting.
  • Providing the actuarial input in various projects (such as the integration of new portfolios, migration to IT platforms, etc.).

Profile

• Master’s degree in Actuarial Science.
• Minimum 5 years of actuarial professional experience in P&C with a good understanding of life actuarial techniques.
• Strong knowledge of Excel and SQL and/or ResQ is an advantage.
• Willingness and ability to operate in an international environment with dynamic changes.
• Team player, proactive, self-driven, innovative mind-set.
• Rigorous, precise and conscientious.
• Strong analysis and synthesis skills.
• Good verbal and written communication skills.
• Good spoken and written English and French required.

Our client, an insurance company, is looking for a P&C Actuary to strengthen the Non-life Department. He·she will further develop the portfolio analysis. In this role, he·she will be directly involved in product creation and pricing, portfolio profitability analysis and work closely with the Head of Pricing as well as with the different departments of the company.

The P&C Actuary will be responsible for  :

• The production of analyses related to the design of new non-life products.
• Monitoring the profitability of the portfolio.
• Pricing of non-life products.
• The application of different exploration or learning models.
• The communication of results and strategic proposals.

Profile

• Hold a master’s degree in actuarial science, mathematics, or any related quantitative field.
• At least 4 years of experience in pricing and/or product non-life.
• Good knowledge of MS Office (including Excel/VBA) and SAS.
• Good knowledge of statistical and data analyses.
• Pragmatic approach, result and solution oriented.
• Excellent interpersonal skills and ability to summarize, able to draw conclusions from numerical results.
• Proactive, assertive and able to defend an opinion in a structured manner, critical eye.
• Autonomous, while enjoying teamwork.
• Good organizational skills, thorough.
• Fluent in Dutch and English, French is an asset.

Our client, a consulting firm, is looking for a Manager IFRS 17. He·she will be in charge of various missions related to IFRS 17.

The future Manager IFRS 17 will be responsible for:

• IFRS 17 missions:

o Normative studies, monitoring and analysis of IFRS 17 regulatory news,

o Studies on the transition methodology,

o Evolution of actuarial models and tools for IFRS 17,

o Quantitative impact studies,

o Mock exercises on IFRS 17,

o Workstream on target multi-standard processes.

• Other missions:

o Optimization, redesign or automation of business processes (actuarial, finance, accounting): design of target processes, review and writing of documentation,

o Transition management and actuarial missions: inventory, pricing, accounts receivable, Solvency 2, technical accounting,

o Review of provisioning in the context of auditing mandates,

o Research and development on actuarial topics,

o Supervision of junior and/or senior consultants.

• Developing the firm's commercial offers, in particular on the IFRS 17 standard,
• Identifying the needs of clients, understanding the needs and participating in the drafting of commercial proposals to meet these needs,
• Participating in responses to calls for tender,
• Organizing client meetings to present the firm's activities,
• Conducting actuarial training sessions, particularly in relation to IFRS 17,
• Participating in recruitment interviews for junior and senior profiles.

Profile

• Graduated from Actuarial Science, Finance or Statistics,

• Minimum 6 years of experience with at least 2 years on the implementation of IFRS 17 (in a consulting firm or in project management in an insurance company),
• Experience in team management,
• Sense of teamwork,
• Entrepreneurial spirit and strength of proposal,
• Writing and communication skills,
• Ability to listen, analyze and summarize,
• Result-oriented / performance-oriented,
• Professional knowledge of English.

Our client, an insurance company is looking for a Manager Life Individuals Product to strengthen the Life Department. He·she will be in charge of steering a team of 4 collaborators and developing new and improving existing Investment, Pension and Protection products on the retail market in Belgium.

The Manager Life Individuals Product will be responsible for:

• Developing new and improving existing Investment, Pension and Protection products covering both guaranteed rate and unit-linked products for the retail market in Belgium;
• Steering and analysing profitability studies of existing and new products, incl. recommendations & follow-up;
• Being the point of contact for inforce management and product development;
• Providing oversight and supporting the team in research and development of new product or product improvements. Being able to have the helicopter view and digging into the ground when needed;
• Defining and monitoring relevant KPI’s depending on the activity;
• Being the team captain of the life department and interacting with other captains as well as the transversal functions under the lead of the value chain owner;
• Acting as a contact point for the group centers and other entities and partners depending on the topic, closely aligning with the value chain owner;
• Acting as the technical reference person in the relations with the regulators and professional associations. Including a natural curiosity/affinity to interact with the distribution partners;
• Developing with the value chain the new term life value proposition including the automated medical underwriting, the development of the new term life tariff structure and remuneration scheme across the different distribution channels;
• Developing the revised pension and investment offerings, incl. the setup a structured product factory;
• Representing the company at the Individual Life Technical Commission reporting the Life division head and driving the topics relevant for the company;
• Supporting with the value with the deployment of the new IT environment for investments, incl. migration of systems.

Profile

• Master’s degree in Mathematics, Physics, Civil Engineering or Economics. A degree in Actuarial Science is considered a plus;
• Proven experience in a similar role and ready to take the next step;
• Know how to use MS Office, SAS, Excel, VBA, Delphi and C++;
• Team player and excellent communication skills,
• Does not fear to be challenged and is able to challenge others;
• Innovative and methodological;
• Fluency in English with good knowledge of the two national languages (Dutch and French).

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

The Non-Life Actuary will be responsible for:

• Developing and monitoring of non-life products,
• Carrying out pricing calculations,
• Conducting profitability studies and analyses,
• Renewing and managing reinsurance treaties,
• Carrying out internal and external actuarial reporting,
• Developing and optimising reporting processes,
• Monitoring and implementing the Solvency II regulation,
• Providing technical support to other departments,
• Producing financial statements.

Profile

• Master’s degree in Actuarial Science,
• A previous experience in the insurance sector is an asset,
• Curiosity about other activities in the insurance field,
• Pragmatic, rigorous, methodical and precise approach,
• Fluency in French and English. Knowledge of Luxembourgish and German is an asset.

Our client, an insurance company is looking for an Investment Risk Officer to strengthen the Risk Management Department. He·she will be in charge of  implementing high quality risk management practices for the Group investment functions.

The Investment Risk Officer will be responsible for:

• Providing constructive challenge and advice to the investment function to improve the identification, measurement, management, monitoring and reporting of risk,
• Overseeing the management and updating of a comprehensive and implementable investments Risk Appetite Statement,
• Providing oversight of the investment function’s compliance with the RAS and Risk policies,
• Supporting the embedding of a sound risk culture across the organisation,
• Providing risk management oversight of key investment risks, in particular credit, market and liquidity risks,
• Contributing to the production of risks reviews, addressing the company’s key risks, including in relation to deals and investment initiatives,
• Supporting the CRO, ensuring that active risk management is delivered within the risk requirements,
• Preparing and delivering regulatory presentations and reports as required,
• Carrying out duties with integrity and diligence, ensuring that professional standards are maintained at all times.

Profile

• Master’s degree in a financial field. Professional qualification in investment or risk management (CFA, FIA) is an asset,
• Min. 7 years of experience in quantitative financial services roles or similar experience in investment markets,
• Practical experience of ALM, liquidity risk management, hedging, reinsurance and Solvency II,
• Experience in the assessment of operational risks is a plus,
• Excellent business acumen and risk awareness,
• Ability to think independently,
• Solution-oriented,
• Excellent communication skills and ability to convey key messages with firm grasp of technical details,
• Stakeholder management, organizational and time management skills,
• High degree of integrity and dynamic attitude,
• Fluency in English.

Our client, an insurance company, is looking for a Pension Actuary to strengthen the Actuarial Direction. The direction is in charge of financial monitoring of supplementary pension schemes for the benefit of the insurer and the group's employer entities.

The Pension Actuary will be responsible for:

• Providing actuarial expertise and services, and being a full partner in the smooth running of the group's schemes, in the four areas: HR, finance, insurance and accounting,
• Interacting with the HR contacts in charge of the various schemes (knowledge of mutual needs, sharing of relevant information, exchange of expertise, etc.),
• Providing expertise in the accounting of social liabilities under NF and NI accounting standards at the various levels of accounting consolidation of the group,
• Carrying out annual actuarial valuations, producing financial information on social liabilities on behalf of employers, participating in the preparation of management committees by integrating the prospective dimension of demographic and financial balances,
• Contributing to discussions on the future development of the schemes.

Profile

• Master’s degree in Actuarial Science, Engineering, etc.,
• Minimum 5 years of experience in a similar position,
• Knowledge of supplementary defined benefit pension schemes, pre and post-PACTE law,
• Knowledge of the accounting standards applicable to social liabilities, both NF and NI, and the associated insurance products, their social and fiscal treatments,
• Knowledge of life insurance technical and regulatory environments,
• Reliability in performing commitment calculations,
• Very good knowledge of Excel/VBA and PowerPoint,
• Relational skills and comfortable in complex situations,
• Customer-oriented, discreet and reliable,
• Rigor, reactivity, and very good analytical skills,
• Capacity to share knowledge and curiosity,
• Team player and good listener,
• Fluency in French.

Our client, an insurance company is looking for a Non-Life Actuary to strengthen the Technical Direction. He·she will be in charge of the technical development, pricing, and calculation of technical provisions for P&C products.

The Non-Life Actuary will be responsible for:

• Participating in the pricing modeling of the various guarantees involved in the development of the pricing,
• Carrying out actuarial studies in the context of the creation of new products or guarantees or the development / adaptation / internalisation of existing products,
• Defining pricing policies for new business and for all distribution channels (participation in the development of pricing benchmarks with the Marketing team, definition of a segmentation strategy, simulation and optimisation),
• Carrying out and updating pricing elasticity models,
• Participating in tender documents.

Profile

• Master’s degree in Actuarial Science, Statistics or Econometrics. Ideally graduated from the Institute of Actuaries,
• Proven experience of minimum 3 years in Non-Life, with an experience in pricing,
• Sound knowledge of P&C insurance,
• Good knowledge of actuarial pricing techniques such as GLM and GAM models and interpretation of results, 
• Good knowledge of SAS Guide or R and knowledge of Radar, Emblem or Akur8 is an asset,  
• Ability to share knowledge, 
• Strong interest for innovation, 
• Organization, rigour and analytical skills,
• Capacity to work in a team, 
• Fluency in French.

Our client an insurance company, is looking for a Senior Non-Life Actuary to strengthen the Technical Direction. He·she will be in charge of the technical production, pricing and calculation of technical provisions for P&C products. 

The Senior Non-Life Actuary will be responsible for:

• Calculating technical provisions using deterministic and stochastic methods when closing accounts under multiple accounting standards,
• Contributing to the modeling of climate risks (measurement of the exposure of insured assets, estimation by means of scenario generation, etc.),
• Improving and optimising current processes, methodologies and models, 
• Participating in budget exercises by ensuring the correct projection of loss indicators,
• Carrying out profitability analyses by risk profile,
• Carrying out analyses of claims by guarantees,
• Contributing to actuarial analyses relating to the monitoring of the portfolio.

Profile

• Master’s degree in Actuarial Science, Statistics or Econometrics. Ideally graduated from the Institute of Actuaries,
• Proven experience of minimum 5 years in Non-Life, with an experience in reserving,
• Good knowledge of home insurance and climate risks,
• Sound knowledge of deterministic and stochastic reserving methods (Chain Ladder, Bornhuetter-Ferguson, Mack, Bootstrap, etc.),
• Good knowledge of Word, PowerPoint, Excel (ideally VBA), SAS Guide or R and ResQ or IBNRS, 
• Curiosity, rigour, organisation,
• Critical thinking 
• Good communication skills and ability to communicate on technical and non-technical subjects, 
• Ability to meet deadlines,
• Analytical skills and team player,
• Fluency in French.