Our client is looking for an Actuarial Inspector. He/she will conduct audit and inspections on actuarial topics across Belgium.

More specifically, the Actuarial inspector will be:

• Preparing upfront the audit and inspection by gathering the necessary information and planning a work program
• Conducting the inspections and audits on the premises of the insurance company, holding meetings with company officials, analysing the processes and checking the documentations and systems
• Verifying the findings by presenting them to the company's officials
• Producing a report setting out the main findings
• Presenting the final conclusions and the recommendations to the company’s management and if appropriate to your manager
• Supervising the proper implementation of corporate action plans.

Profile

• Hold the title of actuary or have professional experience as an Actuary
• A relevant experience (at least three years) in auditing, insurance underwriting and claims management, financial asset management and/or risk management (preferably in the financial sector, the consultancy world, or with an insurance company, pension fund or financial asset manager)
• Have an interest in solving complex topics and digging deep on technical subjects
• Being able to work independently as well as team player
• Have a strong sense of ethics
• Willingness to travel around Belgium
• Good oral and written communication skills in French, Dutch and English.

No job description added

Our client, an international insurance company is looking for an ALM Actuary within the Financial and Credit Department. He/she will work on the production of asset tables and will actively work on the internal model of the company.

The ALM Actuary will mainly focus on the following items:

• Asset table production for the Best Estimate and SCR calculation, which represents a milestone for the production of all the Solvency II (Closing/quarter/Strategic plan/Impact Assessment). The main tasks:
  • Asset modelling update/development within the actuarial model and its consistency with the Internal Model
  • Data management
• Financial & Credit SCR calculation for the closing, strategic plan, quarterly SCR update and Impact Assessment (EIOPA/ACPR/Investment requests). Thanks to the first point the candidate will be able to anticipate and properly perform the SCR calculation. The main tasks:
  • Stress on Asset assessment given the group and local tools
  • Asset proxy function validation and enhancement

This position requires to reach a complete understanding of the Internal Model in all its components and to be able to challenge all the main SCR exercises with the ultimate goal of assuring high quality deliverables.

Profile

• Have a financial mathematics background, being a qualified actuary is a plus
• Have at least 2 to 3 years of professional experience in a similar role
• Good programming skills, being familiar with Prophet is a strong asset
• Previous experience with asset modelling
• Good knowledge in risk management and Solvency II framework
• Excellent communication skills, with the ability to explain complex technical topics in a simple way
• Autonomous and able to work in team
• Analytical mindset
• Fluent in both English and French

Our client, an international cutting-edge consultancy company is looking for an Actuarial Data Scientist. Within this rapidly growing consultancy start-up specialized in insurance pricing, using cutting edge advanced machine learning technology, the Actuarial Data Scientist will have an opportunity to have a true impact on the company’s solutions and roadmap and will be a complement to both the sales and R&D teams. More specifically he/she will: 

• Provide industry-related product assistance to the client, as well as elaborate on the different features of the company’s products during interactions with the relevant client contact (CTO, actuaries or data scientists...)
• Be present for the whole sales process (from pre-sales to post-sales):
  • Meeting with the client, understanding their needs. 
  • Presenting and demonstrating the product and accompanying the clients, helping them maximizing and optimizing their use of machine learning
  • Instructing on the different capabilities of the tools and solutions, product training and model development.…

Profile

• Hold a master’s degree (or equivalent) from a top engineering school or University in either Data Science, Actuarial science or a quantitative discipline requiring a high proficiency in mathematics such as Machine Learning, Applied Mathematics, Statistics, Physics etc
• At least 2 years of experience in non-life insurance as an actuary, preferably in a pricing role. Understanding large insurance company’s business imperatives from both a technical and non-technical standpoint.
• Creative and autonomous, with a consultancy mindset.
• Strong communication skills with regards to elaborating technical concepts and being able to explain and present it to both technical and non-technical audiences
• Fluent in English AND in German

This role requires to travel both nationally and internationally at least 50% and up to 70% of the time.

Our client, an international reinsurance company is looking for a Life Valuation Actuary. He/she will facilitate the consolidation of the quarterly technical provisions for the Life business.

The Life Valuation Actuary will be responsible for:

• Assisting with the production of the quarterly/annual technical provisions and QRTs,
• Assisting in the production of the Chief Life Reserving reports with interactions with the international teams (Europe and Asia),
• Contributing to the monitoring of changes in rules and guidance or market practice relating to the calculation of the technical provisions and QRTs,
• Contributing to the continued improvement of the Solvency II closing process,
• Monitoring of the controls process relating to the Solvency II filings and liaise with internal / external Auditors to provide data,
• Specification of required reserving assumptions and model changes to ensure consistency and compliance,
• Propose and review Best Estimate Assumption updates,
• Review the calculation of Best Estimate Reserves for SII and MCEV and the calculation of Statutory Reserves for USGAAP and IFRS 17,
• Supporting the involved team during the new tool modernization and centralized database building phases,
• Supporting IFRS 17 and US GAAP implementation for Consolidation Team,
• Mentoring, guiding and spreading both technical and operational knowledges with other team members in the use and development of models and tools and in the methodological impacts of IFRS17 and US GAAP,
• Reviewing existing process and improve operational efficiency of the regulatory reporting,
• Mentor and guide other team members in the use and development of models and tools.

Profile

• Qualified Actuary,
• From 5 to 7 years of experience as an actuary in Life (re)insurance working on reserving, valuation or pricing,
• Strong IT and data management skills,
• Knowledge of MoSes/Risk Agility FM, AXIS, R and Business Objects reporting would be an advantage,
• Reinsurance knowledge is an asset,
• Organized, able to work in a matrix structure,
• Able to set and manage priorities,
• High motivation, team spirit,
• Able to fit into dynamic structure (Multi GAAP environment involving new standards, tools and models modernization project),
• Keen to work with other cultures,
• Excellent communication skills,
• Fluent in English.

Our client, an international reinsurance company, is looking for a Life & Health Actuary whose responsibilities will include the following:

Life Reserving Overlay Model

• Lead the development and maintenance of actuarial systems, models and tools used in regulatory reporting for solvency regimes and financial statements (Multi GAAP),
• Lead on the implementation of change projects including an ongoing modelling platform migration from MoSes & RAFM to AXIS,
• Support the build of a centralised database with supporting transformation and aggregate calculation tools,
• Modernise, extend and harmonise the aggregation and consolidation tools across the different processes and geographies, by limiting as much as possible the use of Excel and manual retreatments,
• Enhance the visualisation 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,
• Review existing process and improve operational efficiency of the regulatory reporting,
• Ensure a robust control framework by automation of validations,
• Develop and enforce best practices for model governance,
• Mentor and guide other team members in the use and development of models and tools.

IFRS 17 and USGAAP

• Assist team in implementation of data and model requirements for IFRS 17 including writing and reviewing technical specifications and testing.

Line of Business models

• Assist with model improvements for in-force business as required (Moody’s AXIS / RAFM / In-house),
• Assist with model implementation for new business.

Profile

• Qualified Actuary or experienced professional with a university degree in Actuarial, Statistics, IT, or Engineering,
• At least 8 years of experience in Life reserving or in in pricing in the (re)insurance sector,
• A solid systems development background and exposure to financial transformation projects,
• Experience in specification, development, and testing of actuarial and data transformation software,
• Strongly driven to streamline business processes, with an emphasis on automation and maintainability,
• Prior experience of financial reporting with respect to regulatory reporting regimes including USGAAP LDTI, IFRS 17, Solvency II, BMA, MAS would be a distinct advantage,
• Reinsurance knowledge is an asset,
• Strong IT and data management skills with a knowledge of relevant software such as Moody’s, AXIS, Risk Integrity, Moses, RAFM, C++, R, SQL, VBA, Business Objects,
• Organised, able to work in a matrix structure,
• Ability to set and manage priorities,
• Strong communication skills,
• Team spirit,
• Proficiency in English.

Our client, an international reinsurance company is looking for a Group P&C Actuary to join the Group Non-Life Actuarial Function department. He/she will be in charge of supporting the Solvency II quarterly process ensuring deadlines are met in a timely manner for the company’s European legal entities.

The Group P&C Actuary will be responsible for :

• Supporting the calculation of the Claims and Premium provision for the European legal entities,
• Supporting the reporting process and the QRTs production,
• Supporting the production of the Non-Life underwriting risk SCR,
• Maintaining and improving the current processes focusing on automatization.
• Supporting the Head of Actuarial Function,
• As second line of defense, supporting the peer review of the work done by the 1st line teams (finance, pricing, underwriting and claims),
• Supporting internal and external audit activities,
• Maintaining and improving the documentation of processes, procedures, internal policies, and methodologies,
• Improving current data governance enhancing the data quality process and framework,
• Taking part in other projects at the group level.

Profile

• At least 5 years of experience in non-life (re)insurance,
• A detailed technical knowledge of reserving and Solvency II on non-life lines is a string asset,
• Preferably Qualified Actuary,
• Strong programming skills (i.e. VBA, R, Python) and data management skills including recent technologies (i.e. Power Pivot & Power BI) to improve reporting automatization,
• Ability to work under pressure within prescribes deadlines,
• High motivation, team-orientation, and adaptability,
• Excellent problem-solving skills and ability to develop and translate new ideas into effective business solutions,
• Excellent communication skills,
• Fluent in English.

Our client, an international insurance company is looking for a Senior Pricing Actuary within the Pricing Department.

The Senior Pricing Actuary will be responsible for:

• Supporting the Pricing team in the product/tariff development process,
• Implementing and developing Technical Prices,
• Taking part in tariff committees,
• Supporting and guiding pricing decisions in the context of the Planning and Strategic dialogue towards shareholders,
• Monitoring KPIs and developments in profitability, growth and competitive position at segment level and offering recommendations,
• Developing and continuously updating customer value indicators,
• Participating in knowledge sharing programs within the group,
• Interpreting results and performing relevant analyses per segment.

Profile

• Master’s degree in mathematics, statistics or econometrics. An actuarial background is considered as an asset,
• From zero to five years of experience in a pricing or analytical position,
• Outstanding knowledge of Non-Life insurance products,
• Ability to work and make decisions independently,
• Excellent presentation and communication skills,
• Knowledge of SAS, R, Willis Tower Watson pricing tools is a plus,
• Fluency in English, with an additional command of French and/or Dutch considered as a strong asset.

Our client, an international insurance company is looking for a Group Reserving Actuary.

The Group Reserving Actuary will be responsible for:

• Managing and overseeing the Reserving process within the Group Insurance Department,
• Developing and deploying the standard reserving practices and methodologies for the purpose of improving the accuracy of pricing and profitability monitoring practices,
• Supporting the steering of claims management performance,
• Contributing to the production of budget / forecast and regulatory reportings (Solvency 2, IFRS 17 etc.) in reserving areas,
• Harmonizing and maintaining the reserving operations (actuarial methods, controls and reports) performed in subsidiaries across the Group to minimize the reserving risk,
• Coordinating and reviewing the reserving rules and reserving calculations of local entities,
• Participating to the implementation of automated profitability monitoring process across the Group by anticipating trends,
• Contributing to the actuarial data and actuarial framework of reserving valuation for Solvency II and IFRS 17,
• Assisting the production of the onerous contract test (loss component) for IFRS 17.

Profile

• From three to five years of experience in P&C and/or Assistance reserving field, with risk management/actuarial function/audit background,
• Solid knowledge of actuarial work of reserving,
• Intermediate knowledge of finance and accounting practices in Solvency 2 and IFRS 17 areas,
• Excellent computer skills, programming skills (R, SQL etc.) preferred,
• Strong interpersonal skills with entrepreneurial spirit and proactivity,
• Excellent oral and written communication skills,
• Outstanding negotiation and conflict resolution skills,
• Fluency in English.

Our client, an international reinsurance company, is looking for a Life Reserving Actuary whose focus will be to lead the implementation of new accounting requirements at the Group level, as well as for its legal entities in Europe and Asia.

His/Her core responsibilities will include the following:

• Calculation, testing and maintenance of, discounting, cashflows for group and legal entities leveraging Solvency II calculations where appropriate by representing the Life Reserving in the implementation project team and working closely with the life and non-life actuarial teams, Finance, IT, external consultants and vendors to ensure the compliance with this new accounting requirement, and maintenance of these processes post-implementation
• Modelling to support accounting policy decisions
• Maintaining documentation of processes and procedures
• Working closely with the Finance department to ensure the efficient production of inputs to quarterly and annual financial statements
• Contributing to the monitoring of changes in rules and guidance or market practice
• Mentor and guide other team members to deliver reporting results
• Contribute to the continued enhancement of the actuarial environment.
• Building and monitoring the controls process and liaise with internal and external auditors and consultants to establish the control framework procedures post new accounting requirements implementation.

In addition, as part of the wider Life Reserving actuarial team he/she may be required to provide assistance on other actuarial process, system and modelling.

Profile

• Qualified Actuary
• At least 5 years in Life reserving or pricing in the (re)insurance field or related actuarial experience
• Reinsurance knowledge is an asset
• Experience in IFRS 17, Solvency ll, and financial reporting is considered as an asset
• Strong IT and data management skills with a software knowledge such as Moses, Risk Agility, Axis, VBA and/or Business Objects reporting
• Organized, able to work in a matrix structure
• Ability to set and manage priorities
• Strong communication skills
• Team oriented and open minded
• Fluent in English, any additional European language is an asset.