Job title: Life and Health Valuation Actuary
Job type: Permanent
Emp type: Full-time
Industry: Reinsurance
Expertise: Actuarial Skills
Location: Paris, France
Job published: 10/09/2021
Job ID: 32810

Job Description

 

Our client, an international reinsurance company is looking for a Life & Health Valuation Actuary. He/she will take part in the management and monitoring of a large and strategic portfolio of short term product across the world.

The Life & Health Valuation Actuary will be responsible for  :

  • Production of quarterly reserves on applicable bases (USGAAP, SII, VIF,…)
  • Preparation and sign-off of the Solvency II results including the shocks and analysis of change together with the GAAP / statutory accounting.
  • Preparation of supporting documentation (checks, control…) to validate work produced to line manager & auditors.
  • Annual preparation of the assumption review documentation (for Group presentation)
  • Provide insight into observed experience, propose base and assumption changes where relevant and quantify financial impacts.
  • Ensure the development and enhancement of the reserving tool that uses Non-life triangles techniques to derive the Best Estimate reserves for the short-term business
  • Review existing process and improve operational efficiency of reportings
  • Contribute to various cross-functional projects, topics and responsibilities across the team including IFRS 17, specific life products, and tool development among others.
  • Coordinate with other team members to facilitate the consolidation…

 

Profile

  • Hold a master’s or bachelor’s degree in a relevant field (actuarial sciences, applied mathematics, engineering…) and being a qualified actuary.
  • Having between 1 and 3 years of experience (including internship/apprenticeship) in L&H (re)insurance.
  • Knowledge in Non- Life Loss reserving triangles technics is a plus.
  • Detailed knowledge of Solvency II.
  • Valuation / reserving and financial reporting experience would be beneficial.
  • Knowledge R / VBA / SQL coding language would be an advantage.
  • Reinsurance knowledge is an asset as well as US GAAP and IFRS 17.
  • Organized, able to work in a matrix structure in an international context.
  • Able to set and manage priorities.
  • Highly cooperative, flexible, and enthusiastic team-player.
  • Keen to work with other cultures and able to think outside the box in a dynamic environment.
  • Excellent verbal and written communication skills in English, fluency in French is an asset.
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