Our client, a consulting company, is looking for an Actuarial Consultant. He·she will be in charge of various Life & Health and/or ALM projects.

The future Actuarial Consultant will be responsible for:

• ALM
  • Modelling:  development and review of ALM models (Moses/Prophet), review of strategic asset allocation
  • Risk management: ORSA, stress test and risk appetite
  • IFRS 17: carrying out impact studies on regulatory choices, calibration of risk adjustment.
• Life & Health
  • Technical monitoring: calculating multi-standard provisions, monitoring portfolio profitability, drafting profit and loss accounts.

Profile

• Master's degree in Actuarial Science or equivalent
• At least 3 years of experience in ALM or Life & Health
• Sound knowledge of actuarial techniques
• Very good knowledge of Solvency 2 and IFRS 17
• Interest in modelling
• Dynamic attitude
• Team spirit
• Entrepreneurial spirit
• Fluency in French

Our client an insurance company is looking for an Actuarial Manager to strengthen the Technical Direction. He·she is in charge of three teams: Data & Analytics, Pricing and Reserving & Profitability.

The future Actuarial Manager will be responsible for:

• Standardizing and harmonizing practices, methodologies and tools,
• Optimizing the planning and organization of business review activities with end customers and with the various businesses,
• Maintaining compliance with governance, in advance of underwriting committees,
• Securing the existing portfolio by ensuring that deadlines are met and the quality of files is maintained,
• Maintaining the quality and excellence of underwriting of new business and ensuring renewals,
• Strengthening the level of maturity on the car segment, by strengthening data processing and reporting, and accelerating the structuring of the travel segment,
• Setting up and coordinating the portfolio profitability monitoring committee.

Profile

• Master's degree in Actuarial Science,
• 10 to 15 years' experience as an actuary, including significant experience in Non-Life insurance,
• Experience in pricing, profitability monitoring and excellent knowledge of reserving techniques,
• Knowledge of assistance products is an asset,
• Good knowledge of R and programming and modelling skills,
• Previous management experience,
• Analytical and pragmatic thinking,
• Ability to support change and promote technical excellence,
• Ability to handle stressful situations,
• Business oriented and persuasive,
• Excellent relational and communication skills,
• Fluency in French and English.

Our client an insurance company is looking for a Senior Non-Life Pricing Actuary to strengthen the Pricing Department. The department is in charge of ensuring the optimisation of risks and the development of the pricing model, as well as the management of the products in detail.

The Senior Non-Life Pricing Actuary will be responsible for:

• Developing and/or revising technical and commercial premium models to ensure sustainable portfolio growth;
• Conducting analysis on rates, models, data , etc., and proactively sharing the results within and beyond the team, suggesting any appropriate corrective actions;
• Fostering technical expertise within the team through collaboration;
• Providing customer orientation in the impact analysis of pricing measures;
• Developing and updating reporting systems to monitor portfolio activity and new business;
• Producing reports and analyses for top management;
• Working closely with other departments to optimise achievements for the common interest.

Profile

• Master’s degree in a quantitative, economic or statistical field;
• At least 5 years of experience in insurance underwriting;
• Experience in non-life underwriting and/or behavioural models is a plus;
• Programming skills (e.g. SAS, VBA, R, C++, etc.);
• Ability to understand the meaning and impact of multiple complex technical issues;
• Ability to work independently and in challenging environments;
• Ability to meet deadlines;
• French or Dutch speaking and good command of English.

Our client is looking for a Pension Actuary to strengthen the Finance Department.

The future Pension Actuary will be responsible for: 

• Performing S1 inventory work (calculation of technical provisions, analysis of movements, etc.), presenting and commenting on the accounts and margin analysis;
• Assessing EBs to S2 standards and ensuring the production of QRT/ENS for which the management is responsible;
• Contributing to the work of the business plan on technical and financial margin;
• Measuring the impact of the revaluation policy;
• Carrying out various technical and statistical studies to analyse and process the technical and financial impacts of risks;
• Carrying out work related to controls (tax, ACPR, CAC and internal audit);
• Participating in the design, development and parameterisation of tools

Profile

• Master's degree or Grandes écoles (Baccalaureate +5 years) 
• Experience of 3 to 10 years in Life Insurance and Pension Savings and/or Inventory.
• Technical skills required: SAS, Office pack
• Autonomous but team-oriented, analytical and synthetic skills
• Very good command of French

Our client, an insurance company is looking for a Life Risk Manager to strengthen the Risk Department. He·she will be in charge of analyzing risks related to underwriting, reserving and reinsurance.

The Life Risk Manager will be responsible for:

• Managing a team,
• Carrying out studies:

• Monitoring production of elements for all actuarial reports and ORSA for French subsidiaries and at group level,
• Monitoring underwriting risk reviews when launching new products and portfolio reviews
• Monitoring reviews during developments in the Solvency 2 and IFRS 17 reserving models,
• Monitoring reinsurance arrangements and their effectiveness, in particular for the group's internal treaties,
• Contributing to the monitoring of risks related to interactions between assets and liabilities and in particular those related to unit-linked products,
• Defining, carrying out or supervising any study with a view to improving the company's risk coverage, particularly with regard to emerging risks,
• Controlling risk deliverables for Top Management, the Board of Directors or the supervisory authorities,  
• Representing the Department in various committees,
• Consolidating the investment risk review.

• Projects:

• Supporting the business units in their projects requiring a risk opinion,
• Participating in projects concerning the department's activity,
• Defining changes to risk management guidelines and managing their deployment.

• Operational monitoring and support.

Profile

• Master’s degree in Actuarial Science,
• At least 10 years of professional experience in risk management in the insurance industry,
• Sound knowledge of pension insurance products and Solvency 2 and IFRS 17 regulations,
• Good knowledge of financial instruments,
• Ability to analyze and synthesize,
• At ease in developing a global and strategic vision of subjects, as well as a concrete and operational approach,
• Risk and result oriented,
• Capacity to take initiative and strength of proposal on risk analysis
• Relational and managerial skills,
• Fluency in French and good spoken and written English.

Our client, an international insurance company is looking for a Non-Life Reserving Actuary to strengthen the Actuarial Department. He·she will be in charge of the reserving activity, harmonizing and documenting IFRS and Solvency II related actuarial methods and processes, and developing a wide range of finance transformation projects.

The Non-Life Reserving Actuary will be responsible for:

• Reserving:

• Managing the quarterly IFRS reserves process end-to-end for assigned European business units,
• Understanding and analysing the quality of the data in terms of coherency, completeness and consistency,
• Analysing quarterly IFRS reserves to determine the appropriate IBNR level for run-off and new businesses,
• Engaging with local business units to present the corporate actuarial view on reserving,
• Proactively managing relationship with finance departments,
• Contributing to harmonise and maintain the IFRS and Solvency II related actuarial methods, assumptions and calibration across all business units and lines of businesses.

• Projects:

• Engaging with other departments and developing as a subject matter expert on pricing/underwriting from a corporate actuarial view perspective,
• Contributing to the project aiming at implementing the IFRS 17 standards for assigned business,
• Contributing to the design, implementation and testing of a new reserving workflow.

• • Processes and Controls:

• Maintaining the design, implementation and timely execution of internal controls applicable to the reserving process both for IFRS and Solvency II,
• Engaging with the internal control department to provide relevant information and raise concerns or issues to the management.

• Documentation:

• Designing and implementing the documentation repository of the department,
• Drafting assigned documentation related to technical methodologies or functional processes.

Profile

• Master’s degree in Actuarial Science and qualification in a recognised actuarial association is an asset,
• Professional experience of at least 1 years in P&C actuarial or risk management activities (consultancy/audit experience an asset),
• Expertise in actuarial software and tools (SAS or ResQ an asset),
• Drafting and communication skills,
• Good project and stakeholders management skills,
• Ability to influence a wide range of stakeholders,
• Proactive behaviour and team player,
• Good spoken and written English.

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, an insurance company is looking for a Life Business Actuary to strengthen the Pricing Department. He·she will be in charge of  product development within the self-employed segment.

The Life Business Actuary will be responsible for:

•  Determining the pricing and monitoring the profitability (including reinsurance) in collaboration with the domain teams;
• Regularly reporting to management on profitability and movements within the portfolio;
• Testing and verifying actuarial calculations when migrating to other management platforms;
• Establishing and refining the portfolio's business plan;
• Participating in strategic projects (IFRS17, product development...);
• Participating in the continuous improvement of actuarial product development;
• Optimizing your area of responsibility;
• Extending, analyzing and validating the Prophet models;
• Monitoring and implementing recommendations made by the actuarial function, audit and reviewers;
• Providing actuarial services to clients (simulations, profit-sharing, assistance with extensions and more complex cases).

Profile

• Master’s degree in Actuarial Science or equivalent;
• A few years' experience in product management or pricing of the second pillar products for the self-employed is an asset;
• Ability to effectively summarize actuarial analyses for management;
• Strong communication skills, both written and oral;
• Ability to work independently and deliver results on time;
• Excellent analytical skills;
• Rigorous, pragmatic and efficient;
• Enjoy working in a team;
• Fluency in French and Dutch.

Our client, an insurance company is looking for a Senior Health Actuary to strengthen the Operational Department. He·she will be in charge of  carrying out the actuarial analyses, studies and reports required for reporting to the supervisory authorities and advising management on how to achieve the organisation's objectives.

The Senior Health Actuary will be responsible for:

• Product design and development:

• Performing actuarial and financial calculations, simulations and formulating proposals for insurance products and risk reports
• Contributing to the design and development of insurance products through the appropriate evaluation of proposed coverages
• Establishing or validating the pricing scheme and the amount of premiums for the launch of a new product or the modification of an existing product, while respecting its profitability and taking into account commercial imperatives
• Defining the reserving and, where appropriate, the reinsurance
• Producing the actuarial analysis for the Actuarial Function
• Determining annually the maximum premium indexation rate (CPI and/or medical index)
• Recommending the indexation rate to be applied on the basis of an assessment of the product's profitability

• Technical provisions (BE GAAP and Solvency II):

• Monitoring and implementing the rules regarding the calculation of technical provisions
• Determining technical provisions taking into account applicable regulations (BE GAAP and SII) as well as relevant information from the financial markets and generally available data on underwriting risks
• Ensuring the appropriateness of the underlying models
• Assessing the sufficiency and quality of the data used in the calculations
• Comparing the best estimates with empirical observations

• Documenting the methodology, underlying models and assumptions used
• Conducting analysis of changes (AOC)

• Results analysis and reporting:

• Monitoring the profitability of products in order to assist management in taking appropriate action in the event of significant observed or anticipated deviations
• Collecting, verifying and updating raw data and statistics to provide management with information for decision making
• Developing, validating and updating a projection model for the profit and loss account by product (premiums, benefits, technical provisions, expenses, financial revenues)
• Producing at least once a year a report on the profitability of active products (ad hoc for products in run-off)
• Suggesting to management measures (increase in premiums or limitation of benefits) in the event of unfavourable deviations, likely to restore a balance in the short or medium term

• Monitoring applicable regulatory developments (content and timing) and complying with them
• Establishing national quantitative and Solvency II reporting in accordance with applicable actuarial and regulatory rules
• Contributing to qualitative reporting (pillar II Solvency II)

Profile

• Master’s degree in Actuarial Science, Physics, Mathematics, or Engineering or equivalent,
• At least 5 years of experience in the insurance industry,
• Good knowledge of the non-life insurance market,
• Knowledge of business or special risks is an added value
• Knowledge of Office tools (Excel, Word, PowerPoint...) and SAS
• Critical, analytical and structured mind and curiosity
• Team player and ability to work independently
• Willingness to share your own knowledge, your results and give advice on them
• Ability to give and receive feedback
• Bilingual or good knowledge of the other national language.

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:

• Calculating technical provisions using deterministic and stochastic methods when closing accounts under multiple accounting standards,
• Technical control of products,
• Drafting products’ pricing policies (new products and stock),
• Loss projections in the context of the fiscal exercise,
• Carrying out actuarial studies on product pricing:
  • Conducting technical pricing studies when creating new products or guarantees or during evolution/adaptation/internalization of existing products,
  • Contributing to the definition of offers when creating new products or guarantees,
  • Participating in tender documents,
  • Developing price elasticity models in new business and in the portfolio.

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 reserving and/or pricing,
• Sound knowledge of P&C insurance and deterministic and stochastic reserving methods (Chain Ladder, Bornhuetter-Ferguson, Mack, Bootstrap, etc.),
• Good knowledge of actuarial pricing techniques such as GLM and GAM models,
• Familiarity with the main components of a profit & loss account,
• Good knowledge of Word, PowerPoint, Excel/VBA, SAS and ResQ,
• Ability to synthesize in writing and orally,
• Strong interest for innovation, mathematics and business,
• Reliable and quality-oriented,
• Ability to meet deadlines,
• Ability to work in a team and with other departments.