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 Senior Life Product Actuary to strengthen the Life Department.

The Senior Life Product Actuary will be responsible for:

• Developing new and improving existing Life products;
• Executing and analysing profitability studies of existing and new products, incl. recommendations & follow-up;
• Analysing and calculating the profit sharing, technical interests and valuation of life retail products;
• Providing statistics, executing reporting’s, carrying out analysis, issuing recommendations and performing follow-up on them in close collaboration with the nearshoring capabilities;
• Programming by using different tools (to be decommissioned: VBA, C++, … and replaced by more modern solutions such as: Python, R, SAS, …);
• Developing, implementing and following up actions on the Inforce Portfolios;
• Implementing and analysing product development while interacting with the other Life departments;
• Providing training and exchanging technical expertise with other departments;
• Ensuring the timely and qualitative preparation of all required data for the legal reporting requirements.

Profile

• Master’s degree in Actuarial Science, Mathematics, Physics, Civil Engineering or Economics;
• Between 5 and 10 years of proven experience in a similar role;
• Good command of MS Office, SAS, Excel, VBA, Delphi, C++, Python or R;
• Team player;
• Excellent communication skills;
• Does not fear being challenged and can challenge others;
• Innovative and methodological;
• Fluent in French and/or Dutch and in English.

Our client an insurance company, is looking for a Life Risk Actuary to strengthen the Risk Department. He·she will be in charge of participating in control and risk management activities.

The future Life Risk Actuary will be responsible for:

• Contributing to the development of the risk management framework and understanding the overall risks of the group and the pension activity;
• Implementing the risk appetite framework: methods, operational implementation (risk limits) and monitoring;
• Conducting risk assessment and sensitivity studies;
• Setting up and monitoring indicators for financial and technical risk management;
• Participating in ORSA exercises: first and third assessments (method, evaluations, etc.), stress tests, reporting;
• Ensuring that technical (investment, market, liquidity, default, etc.) and "operational" (data quality, EUC, outsourcing) risk policies are kept up to date;
• Managing the data quality system in collaboration with the technical and financial teams;
• Leading and participating in the drafting of the RSR and SFCR narratives;
• Participating in model control in collaboration with the committee;
• Carrying out technical and regulatory monitoring.

Profile

• Master’s degree in Actuarial Science or Finance;
• Successful experience of 1 to 3 years or more in the insurance sector, in a risk management department or similar;
• Command of Solvency 2 regulatory texts and associated technical concepts;
• Ability to understand an actuarial modelling tool;
• Proven knowledge of risk modelling;
• Advanced knowledge of Excel / VBA;
• Dynamic attitude and strong capacity for initiative;
• Ability to work in a team and independently;
• Curiosity and good writing skills;
• Methodical and strong conceptualisation skills;
• Good command of French.  

Our client, an insurance company is looking for a Non-Life Pricing Actuary to reinforce its Reinsurance and Non-Life Pricing department.

The Non-Life Pricing Actuary will be responsible for:

• Participating in new products development and existing pricing and products revision in collaboration with the product management department, in order to achieve the objectives of profitability and growth
• Developing pricing and product profitability studies tools
• Providing support for non-life studies
• Monitoring technical regulatory developments.

Profile

• Master’s degree in in Actuarial Science
• First experience in Non-Life business is an asset
• Significant expertise in pricing and profitability analysis
• Ability to manage projects and work in a team
• Autonomous, proactive and critical spirit
• Analysis and synthesis skills
• Good interpersonal skills and good communication skills
• Preferably bilingual (French, Dutch) with a passive knowledge of English.

Our client, an insurance company, is looking for a Senior Performance Actuary to strengthen the Finance Department. He·she will be responsible for the delivery of qualitative analysis for the challenging, optimisation and benchmarking of technical data.

The future Senior Performance Actuary will be responsible for:

• Analysing technical results and being able to relate the actual results to the budget, in collaboration with the actuarial teams.
• Establishing links with the other elements of the result (financial, balance sheet).
• Being able to link P&L data to market data, changes in product reporting, etc.
• Participating in close collaboration with the actuarial teams in the prospective analysis of the technical and insurance results in the broad sense (financial planning).
• In future IFRS standards, analysing changes in the various components of reserves and assets, in collaboration with the Financial Planning team.
• Conducting ad hoc analyses on topics related to his·her skills.

Profile

• Master's degree in Applied Sciences, Mathematics, Physics, Computer Science, Business Engineering, Statistics, etc.
• Experience in non-life or life insurance and its accounting implications.
• Knowledge of calculations, actuarial models and Microsoft tools.
• In-depth analysis of balance sheet figures, forecasting techniques and reporting standards (BGAAP, IFRS, etc.).
• Analytical mindset and ability to think in terms of processes.
• Autonomy, proactivity, accuracy. Motivation, communication, creativity and solution-oriented.
• Excellent knowledge of French or Dutch and basic knowledge of English.

Our client, a consultancy firm is looking for a Senior Actuary.

The future Senior Actuary will have the opportunity to work on the following tasks:

• Assisting an insurer in the implementation of IFRS 17,
• Analyzing and reviewing the architecture of an ALM model,
• Developing a prospective model on actuarial modelling platforms,
• Participating in an underwriting campaign within a reinsurer,
• Assessing risks under Solvency 2 (standard formula, internal model),
• Implementing Best Estimate provisioning models,
• Advising a Life insurer on the revaluation policy of its savings contracts,
• Bringing your technical expertise for the modelling of specific risks (construction, credit, medical liability...),
• Defining an operational risk modelling approach,
• Calibrating and testing a scoring model for a client,
• Valuing an insurance company in the context of a VECM or a merger-acquisition transaction.

Profile

• Actuarial degree or diploma from a top engineering school,
• Between 3 and 5 years of experience in actuarial science,
• Technicality, rigour, and ability to carry out several actuarial projects at the same time,
• Innovative spirit and willingness to take up commercial, managerial and strategic challenges with customer satisfaction in mind,
• Excellent interpersonal skills, customer focus and team spirit.