Our client, an insurance company is looking a Non-Life Pricing Actuary. Reporting to the Head of the Technical Department, the Non-Life Pricing Actuary will contribute to the company's economic performance through the production of tailor-made business pricing, monitoring of the portfolio and its recovery; and the production of forecast data on turnover and claims. He/She will also carry out statistical studies to ensure the reliability of pricing assumptions and to provide clients with explanations of claims experience and, if necessary, suggest ways to improve.

The Non-Life Pricing Actuary will be responsible for :

Risk analysis and tariff determination

• Analyzing, at the request of the Sales and Marketing Department, the quotation request (context, risk assessment) and preparing the technical tariff by using existing statistical data or by proposing models adapted to the risks to be covered. He/she will provide a price that covers structural costs and achieve the level of profitability defined in the company's objectives.
• Contributing to the development of underwriting guidelines and their evolution.
• Developing his/her tariff in accordance with the Group's underwriting policy, both in terms of the risks to be avoided as well as for the respect of the levels of delegations.
• Building and updating pricing models for offers presenting standard processes and target populations with homogeneous characteristics. 

Production of technical data for the financial year

• Building projections for forecasts, budgets and plans for turnover, number of files and external loads on the basis of analysis of actual and assumptions of evolution.
• Monitoring the rate level of claims/premiums.
• Identifying drifts and taking into account the year's recovery work to project its evolution and ensure that the External Cost Margin indicator is achieved.

Analytics and projects

• Participating in various studies and cross-functional projects of the Technical Department in collaboration with the teams of the Financial Department and the Insurance Department of EAH.
• Contributing to the work of the Directive (Solvency 2), in particular the production of financial reports and the calculation of future premiums.
• Identifying and proposing topics for continuous improvement in the department's activities or in transversal.

Profile

• Master’s degree in Actuarial Science, Statistics or equivalent.
• Deep knowledge of the insurance industry, its organization and internal procedures.
• Good knowledge of GLM modelling.
• Familiar with Office, “Business Object” tools, SAS, VBA and R.
• Knows how to calculate an attractive tariff while ensuring that the company's interests are met.
• Team spirit, proactive with good communication. 
• Decision oriented.
• Logical, analytical, and synthetic mind with a sense of figures.
• Ability to adapt to new regulations and procedures.
• Fluent in French and English.

Our client, an insurance company is looking for a Life Risk Manager to strengthen its ERM team on monitoring and life underwriting.

The candidate will be required to work transversally with the internal model teams in charge of the Pillar I quantitative requirements production, the teams in charge of products pricing in the Insurance Technical and Markets department (1. Savings & Pensions, 2. Life & Health), the Finance Department teams, more specifically management control, and the provisioning and value teams. He/she will also contribute to the production of presentations (Finance & Risk Committee - FCR, Underwriting Committee – CS) for the Top Management.

The Life Risk Manager will be responsible for  :

• Strengthening the company's second line of defense in the Solvency II sense, through its risk management system;
• Improving the risk identification process (Main Risk Self Assessment and Emerging Risks);
• Enabling a constructive critical look at the Life underwriting policy (Operating Limits Handbook);
• Translating business needs into capital requirement assessments;
• Contributing to the dissemination of the risk culture within the company via forums and presentations to the various departments;
• Contributing to the drafting of ORSA reports and Solvency II narrative reports;
• Contributing to the optimisation and implementation of the risk profile update process and the solvency prospective assessment;
• Contributing to the local transposition of the Group's policies and directives and to the monitoring of changes in these documents;
• Contributing to the works on the Risk Appetite Framework;
• Participating in working groups during the launch of new products (understanding of profitability indicators: New Business Margin (NBM), Internal Rate of Return (IRR), Payback of Return - IRR, Payback Period);
• Participating in the development of tools dedicated to the monitoring of risks and solvency (Return on Risk Capital - RoRC indicator).

Profile

• Master’s degree in Actuarial Science or equivalent;
• At least 3 years of experience in an actuarial, risk management, actuarial consulting position or similar;
• A solid knowledge of the Solvency II environment;
• Good knowledge of R, Excel VBA and Prophet;
• Fluent in French and intermediate level of English.

Our client, an insurance company is looking for an EB Actuary to strengthen the Risk Management Department. He·she will be in charge of the development of Occupational Disability (Branch 2) and Branch 23, supporting project work and complex actuarial calculations for large customers.

The EB Actuary will be responsible for  :

• Contributing to the product development within EB: further development of our offer of Disability (Branch 2) and Branch 23 in the 2nd pillar insurance for wage earners.
• Monitoring developments and trends in the market and respond to them
• Taking account in its own analyses of various angles, such as legal, operational, commercial and systems engineering, with a view to a customer-oriented and sustainable profitable solution.
• Building supporting (actuarial) calculation tools both in product development and in support of the EB department (Client and Services and Underwriting) in specific complex actuarial calculations for large clients.
• Supporting the project work within the EB department with regard to the actuarial aspects of the operational systems (business requirements, testing, supporting tools, ...)
• Supporting the reporting colleagues in certain risk analyses and reporting and reviewing the financial impact of product developments in the various accounting standards (BGAAP, SII and IFRS) with a view to optimising the EB portfolio.

Profile

• Master in Actuarial Sciences, Mathematics, Physics, Applied Economics, Commercial Sciences or Statistics
• Experience in the field of actuarial calculations (disability insurance or group and life insurance)
• Ability to analyse and manage risks in various accounting standards (especially BGAAP and Solvency II and notions of IFRS/IAS 19)
• Experience with or good knowledge of investment insurance (Branch 23) is a plus
• Eager to learn, driven and curious about new developments
• Prepared to study non-actuarial fields necessary to perform the function such as legal aspects EB (legislation, contracts, ...) and the functioning of the actuarial calculations of the operational management systems
• Able to easily adapt to a new environment and new developments.
• Good knowledge of Microsoft tools. Knowledge of SAS is a plus
• Autonomous, pro-active, driven and solution-oriented.
• Able to present complex situations in a clear and understandable way.
• Great team player
• Native level of Dutch and knowledge of French and English

About Us

Asquare Partners is an international executive search and mid-level headhunting firm specialized in the financial sector. Our clients, insurance companies, consultancy firms, banks, public financial institutions, etc.., count on us to find the right employee for their needs.

About the job

Are you passionate about recruitment? Are you motivated by helping candidates find their dream job and companies find their future employees? Are you up for a reachable yet exciting challenge?

Are you driven by business goals? Are you enthusiastic to meet new people and build your own network? Do you like to give advice, negotiate, and close the ideal deal for all parties involved?

If you answered yes, you might be the Recruitment Consultant we are looking for!

We are looking for a Recruitment Consultant to join the team in charge of the French market. You will:

• Attend client meetings to understand their needs and identify the ideal profile for them.
• Develop a sourcing strategy to find the appropriate candidates, using various channels and methods.
• Contact and interview candidates to match your clients’ expectations.
• Lead face-to-face interviews.
• Follow up on the candidates’ recruitment process, coach your candidates, take references, manage salary expectations and negotiations.
• Develop your own network attending events, seminars, fairs and afterwork drinks.
• Keep up with evolutions in your dedicated market and the financial sector in general and map your market.
  

At Asquare Partners, you will be part of a small and dynamic team. You will receive continuous training and will receive a development plan to keep growing with us! Evolving with us means you will have the possibility to take on more responsibilities and you will be trusted with your own portfolio of clients for which you will also be in charge of business development.

Profile

Are you the one we are looking for?

• You hold a degree from a Business School, a master’s degree in HR or Economics
• Having a previous experience in recruitment is a plus
• You enjoy meeting new people, being social and building your own network.
• Selling something to someone and negotiating are fun challenges for you
• You are curious, eager to learn and can’t wait to learn more about insurance
• You are able to multitask and to adapt. Resilience is one of your characteristics.
• You have the ability to cope under pressure and to adapt to a changing environment
• You speak French and English.
  

Don’t meet every single requirement? It’s okay! At Asquare Partners, we are dedicated to building a diverse, inclusive and authentic workplace, so if you’re excited about this role but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles. 

Our client, an insurance company is looking for a Risk Modeller to strengthen the Financial Department. He·she will be in charge of  the new model development, implementation projects and credit insurance modelling activities.

The Risk Modeller will be responsible for  :

• Calculating, analyzing reporting  the SCR
• Reviewing and maintaining  models and parameters
• Testing and reviewing the model yearly
• Validating the central model components for the assigned scope
• Defending opinion in front of stake holders and regulators regarding model validation
• Developing  new generation models using latest techniques e.g. Machine Learning
•  Integrating non-modelled entities into the Internal Model
•  Optimizing internal processes
• Implementing the new S&G model
• Ensuring methodological consistency on new LGD and EAD models
• Internal Model Parameters:
  • Methodological discussions on parameters calibration
  • Reviewing the calibration process and results before feeding the SCR calculation
• Interacting with colleagues and management in explaining SCR results
• Proposing continuous improvements to the tools' infrastructure and process optimization
• Developing and implementing necessary tools to support the model review, testing, analysis and reporting of SCR

Profile

• Master in Statistics, Quantitative Finance, Data Science or Mathematics; Actuarial background is a strong asset
• At least 5 years’ experience in P&C segment, development, review or audit of premium risk models
• Experience in leading complex and large scale model development projects is an asset
• Coding skills in SAS & VBA, Python and R  is a strong asset
• Strong understanding of S II framework, best practice model governance
• Project management skills and leadership
• Well organized and efficient
• Strong analytical mindset
• Detailed and result-oriented
• Ability to work on several tasks/projects at the same time
• Ability to explain complex topic in a simple way
• Team player and easy to communicate with
• Resistant to stress
• Fluent in English (spoken and written)

Our client, an insurance company is looking for an International Product Actuary to strengthen the Actuarial Department.

The International Product Actuary will be responsible for  :

• Participating in the development of the entities and respond to calls for tender;
• Participating in quarterly IFRS4 and IFRS17 inventories and in annual and ad hoc budgetary work;
• Coordinating, supervising and participating in cross-functional projects in connection with the entities;
• Ensuring the monitoring of technical risk and multi-standard profitability;
• Participating in product design work.

Profile

• A master’s degree in Actuarial Science or Engineering, etc…
• At least 5 years of experience as an actuary in a Life and Health Insurance function, ideally in an international development context
• A solid actuarial knowledge in pricing and inventory IFRS 4 and IFRS 17
• Good interpersonal skills and team spirit
• Rigor, analytical skills, ability to think on your feet and to make proposals
• Fluent written and spoken English required

Our client, an insurance company is looking for a Senior L&H Modeling Actuary to strengthen the Global Actuarial Department. He·she will be be developing and maintaining the actuarial aspects of the L&H pricing and valuation infrastructure.

The Senior L&H Modeling Actuary will be responsible for  :

• Leading the development and maintenance of actuarial systems, models and tools used in regulatory reporting for solvency regimes and financial statements (Multi GAAP)
• Leading on the implementation of change projects including an ongoing modelling platform migration from MoSes & RAFM to AXIS
• Supporting the build of a centralised database with supporting transformation and aggregate calculation tools
• Modernizing and extending the aggregation and consolidation tools across the different processes and geographies, by limiting as much as possible the use of Excel and manual retreatments
• Enhancing the visualization and analysis capability for use in the validation of results, production of management reporting metrics and implementation of controls
• Working closely with the life actuarial teams, Operations, Finance, IT, external consultants and vendors to implement changes to the modelling architecture
• Reviewing existing process and improving operational efficiency of the regulatory reporting
• Ensuring a robust control framework by automation of validations
• Developing and enforcing best practices for model governance
• Mentoring and guiding other team members in the use and development of models and tools
• Assisting team in implementation of data and model requirements for IFRS 17, USGAAP LDTI, FRGAAP, SII, BMA, MAS, VIF including writing and reviewing technical specifications and testing
• Line of Business models: Assisting with model improvements for in-force business as required (Moody’s AXIS / RAFM / In-house)
• Assisting with model implementation for new business

Profile

• Qualified Actuary with a master’s degree in relevant field (Actuarial, Statistics, IT, Engineering)
• At least 10 years working experience in Life reserving or pricing in the (re)insurance sector
• A prior experience of financial reporting with respect to regulatory reporting regimes is a distinct advantage (USGAAP LDTI, IFRS 17, SII, BMA, MAS, VIF)
• Reinsurance knowledge is an asset
• Strong IT and Data management skills
• Knowledge in software such as Moody’s, AXIS, Risk Integrity, Moses, RAFM, C++, R, SQL, VBA, Business Objects, Python, etc.
• Driven to streamline business processes, automation and maintainability
• Experience in specification, development and testing of actuarial and data transformation software
• Organized, able to work in a matrix structure
• Ability to set and manage priorities
• Strong communication skills
• Team-oriented and keen to work with other cultures
• Fluent in English

Our client, an insurance company is looking for a Non-Life Pricing & Reserving Director to develop the company’s activities on the Belgian market.

The Non-Life Pricing Reserving Director will be responsible for  :

• Determining the technical pricing of all retail and small business P&C products;
• Conducting periodic profitability analyses of the various products and guarantees;
• Conducting quantitative competitor analysis;
• Defining commercial pricing in collaboration with other departments (Sales, Value Proposition);
• Providing the various periodic reports in collaboration with Data Studio;
• Carrying out a periodic follow-up of the budget in collaboration with the Group Finance Director;
• Preparing the quantitative data necessary for the elaboration of the business plan;
• Quantifying the costs of the different sales animation systems.

Profile

• Master’s degree in Actuarial Science or equivalent
• At least 10 years of experience as an actuary
• Successful management experience
• Great knowledge of the Belgian market
• At ease with SAS, R, etc.
• Strong ability to listen and dialogue with colleagues and teams
• Native level of French or Dutch, with a good knowledge of the other national language

Our client, an insurance company is looking for a Risk Consolidation Actuary to strengthen the Actuarial Department. He·she will be in charge of  the coordination and supervision of the actions of diverse stakeholders in the process (Accounting, Asset Management, Actuarial, Financial Management, Risk).

The Risk Consolidation Actuary will be responsible for:

• Collecting information for quarterly and annual reporting, ensuring compliance with the principles and rules defined upstream.
• Carrying out a detailed analysis of the company Solvency results (Piler I and Pillar III of S2) through the consolidation of balance sheet and risk information.
• Participating in the production of the presentation of the results to the members, to the validation bodies based on analyses related to business contributions.
• Identifying potential anomalies in the analyses and if so, studying them to provide the necessary corrective solutions.
• Contributing to cross-functional transformation projects of the Actuarial function driven by Solvency II issues and reviewing the internal consistency of the information reported by the various contributors.

Profile

• Master’s degree in Actuarial Science or equivalent
• At least 3 years of experience in an Actuarial function or in Finance/Risk/Controlling Insurance, ideally related to the work SII/Value
• A good knowledge of insurance (savings, pensions and SII), financial/performance/data analysis.
• A good command of MS Office tools
• Analytical mind and synthesis skills
• Ability to adapt and a collaborative spirit
• Proactive and autonomous
• Fluent in French and intermediate level of English

Our client, an insurance company is looking for a Life Actuarial Manager to strengthen the Life Actuary Department. He·she will be in charge of the operational management of a team of actuaries and data stewards.

The Life Actuarial Manager will be responsible for  :

• Contributing to strategic exercises by proposing ‘future proof’ solutions that support the company’s vision and strategy.
• Coaching and motivating a team, being in charge of the development of the employees’ skills (using available reports, monitoring interviews and daily interaction).
• Defining the team’s objectives, monitoring its achievements and evaluating the team members. Also ensuring an optimal distribution of work and set priorities.
• Monitoring the reporting processes: controlling the compliance with the processes and ensuring continuous improvements.
• Reporting to the executive manager regarding the functions of the employees, the progress of the projects and the team’s KPIs and KRIs.
• Leading or participating in interdepartmental meetings and act as a central contract for the team.

Profile

• Master’s degree in Finance, Insurance, Economics, or Actuarial Science
• At least 5 years of experience in leading and motivating team
• People manager, used to leading a medium-sized team of specialists
• Ability to organize or process reports in the context of Solvency II and IFRS17
• Good negotiation and communication skills with other departments such as Risk or Finance
• Interest for the reporting processes and ability to translate figures into presentations and management decisions
• Team player, result-oriented, autonomous and well-organized
• Stress resistant, open to change and able to support a team in a positive way
• Fluent in Dutch, French and English (both written and spoken)