Our client, an insurance company, is looking for a Life Risk Actuary to strengthen the Risk Department. He/she will be in charge of various tasks related to savings.

The future Life Risk Actuary will be responsible for the following tasks:

• Participating in the review of models (review of data, assumptions, technical specifications, implementation, results, etc.) and producing analyses and opinions;
• Contributing to work relating to the implementation of IFRS 17;
• Participating in the improvement and automation of risk monitoring dashboards;
• Participating in the production of ORSA and actuarial function reports;
• Identifying and monitoring risks in the Life & Savings portfolio, in conjunction with the unit responsible for monitoring investments;
• Participating in the preparation of the various Risk Committees reporting to management (ALM and Risk Management Committee, Model Committee, Technical Committees, New Products Committee, etc.).

Profile

• Graduate of the Institute of Actuaries or equivalent training specialising in actuarial mathematics with knowledge of Solvency / IFRS 17 regulations.
• Knowledge of how savings and actuarial work is an asset
• Very good command of Excel, VBA, SAS and C#
• Excellent analytical, summary and presentation skills
• Autonomy, proactivity, good interpersonal skills, curiosity, sense of innovation and ability to make proposals
• Fluency in professional English

Our client, an insurance company, is looking for a Risk Consolidation Actuary to strengthen the Actuarial department. He/she will be responsible for coordinating and supervising the actions of the various players in the process (Accounting, Asset Management, Actuarial, Financial Management, Risk).

The Risk Consolidation Actuary will be responsible for :

• Recovering prudential capital statements,
• Collecting information for the quarterly and annual reporting of an FRPS entity under social standards.
• Carrying out a detailed analysis of the company's Solvency results by consolidating balance sheet and risk information.
• Producing the media for presenting the results to the validation bodies, based on the analyses carried out on the business line contributions.
• Studying anomalies arising from the studies and proposing the necessary corrective solutions.
• Contributing to the Actuarial function's cross-functional transformation projects in correlation with Solvency II issues and examining the internal consistency of the information reported by the various contributors.

Profile

• You have a Master's degree in Actuarial Science or equivalent.
• You will have at least 3 to 4 years' experience in a role related to Solvency II/Value work (SCR and ratios) as well as strong experience in savings.
• Good knowledge of insurance (savings, pensions and supplementary health insurance), financial analysis/performance/data.
• Good knowledge of projection models.
• Proficiency in MS Office tools
• Ability to analyse and summarise
• Ability to adapt and collaborative spirit
• Proactive and autonomous
• Good command of French and fluent English

Our client is looking for an Internal Model Auditor to join the Internal Model supervision team. He·she will be in charge of the review, validation and approval of internal models for banks.

The Internal Model Auditor will be responsible for:

• Carrying out on-site inspections, possibly in collaboration with international teams and/or abroad,
• Controlling banking activities,
• Ensuring approval of internal credit risk models,
• Contributing to the monitoring of a large number of financial institutions to gain insight into industry practices,
• Contributing to the development of control policy notes,
• Contributing to the promotion of best practices,
• Participating actively in national or international working groups for the development of control policy and the promotion of best practices,
• Taking part in the discussions regarding the use of Machine Learning techniques for capital reporting.

Profile

• Master’s degree in Physics Engineering, Actuarial Science, Statistics or Mathematics, or in Business Engineering with a quantitative background,
• Have experience in financial modelling and a previous experience with Solvency II and/or Basel II/III is a strong asset,
• Good programming skills, specifically in SAS, R and Matlab,
• Excellent communication skills,
• Strong sense of ethics and independent thinking,
• Fluent in English, native in either French or Dutch with at least a passive understanding of the other national language.

Our client is looking for an Actuary - Prudential Control to strengthen the monitoring department. He·she will be in charge of bringing together the legal, financial, actuarial and IT points of attention into a comprehensive risk assessment of the audited companies.

The Actuary - Prudential Control will be responsible for:

• Assessing Life and Non-life insurance risks (incl. reserving methods and the level of technical provisions, profit-sharing, technical profitability and the technical basis for pricing) and calculating risks related to capital requirements;
• Challenging the Solvency condition and the actuarial analyses of audited companies on an individual basis, using own criteria and monitoring tools;
• Carrying out cross-over analyses of market data which may lead to in-depth reviews on an individual basis;
• Assisting in particular cases (mergers, acquisitions, portfolio transfers, etc.) when actuarial expertise is required;
• Analysing the robustness of the companies’ business model and the related risks, taking into account the economic and competitive context in which they operate and the challenges facing in the insurance sector;
• Contributing to the development of insurance sector regulation and supervisory policy by sharing the results of above studies through appropriate discussion forums.

Profile

• Holds a master’s degree in Actuarial Science or similar;

• Previous experience in the field of Solvency II, particularly in calculating and/or controlling the valuation of assets and liabilities and the Solvency capital;
• Good knowledge of requirements related to the annual accounts of insurance companies and/or of the Royal Decree on Life insurance;
• Interest in the fields of cyber risk, InsurTech, Data Science, Artificial Intelligence;
• Good analytical, oral and written communication skills;
• Ability to work independently and as part of a team in a multidisciplinary and international environment;
• Capacity to develop an appropriate argument and be persuasive;
• High sense of ethics and confidentiality;
• Very good knowledge of French and Dutch (min. B1 level) and English (min. B1 level).

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.

Notre client, un cabinet de conseil, est à la recherche d’un·e Consultant·e en Actuariat. Il·elle sera en charge de divers missions en Santé & Prévoyance et ALM.

Le·a futur·e Consultant·e en Actuariat sera responsable des tâches suivantes :

• ALM

• Modélisation : développements & revue de modèles de gestion actif/passif (Moses/Prophet), revue d’allocation stratégique d’actifs
• Gestion des risques : ORSA / Stress test / Risk Appetite
• IFRS 17: études d’impacts sur les choix normatifs, calibrage du Risk Adjustment

• Santé & Prévoyance

• Pilotage technique : calcul de provisions multinormes, suivi de la rentabilité par portefeuille, établissement de compte de résultats/PB

Profile

• Issu·e de formation actuaire ou équivalente
• Minimum 3 ans d’expérience en ALM ou Santé & Prévoyance
• Une maitrise des techniques actuarielles
• Très bonne connaissance des normes IFRS 17 et Solvabilité 2
• Appétence pour la modélisation
• Dynamique
• Esprit collectif
• Envie d’entreprendre
• Maitrise du français

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 Life Risk Actuary to strengthen the Risk Department. He·she will be in charge of various missions related to savings.

The future Life Risk Actuary will be responsible for :

• Participating in the review of models (review of data, assumptions, technical specifications, implementation, results ...) and produce analyses and opinions;
•  Contributing to the work related to the implementation of IFRS 17;
• Participating in the improvement and automation of risk monitoring dashboards;
• Participating in the production of ORSA reports and actuarial function reports;
• Identifying and monitor the risks of the Life Insurance and Savings portfolio, in conjunction with the unit in charge of investment monitoring;
• Participating in the preparation of the various Risk Committees under the responsibility of the management (ALM and Risk Management Committee, Model Committee, Technical Committees, New Products Committee, etc.)

Profile

• Master’ degree in Actuarial Science or equivalent training specialising in Actuarial Mathematics with knowledge of Solvency / IFRS 17 regulations
• 3 to 5 years of professional experience
• Knowledge of the operation of savings and actuarial science is an asset
• Very good command of Excel, VBA, SAS and C#
• Excellent level of analysis, synthesis and presentation
• Autonomy, proactivity, good interpersonal skills, curiosity and sense of innovation
• Good knowledge of professional English

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