Job title: Life Risk Expert
Job type: Permanent
Emp type: Full-time
Industry: Insurance
Location: Luxembourg, Luxembourg
Job published: 01/07/2026
Job ID: 35872

Job Description

FUNCTION 

Our client, an insurance company, is looking for a Risk Specialist Actuary to support the Risk & Actuarial Team.

He/she will be in charge of the following tasks :

  • Develop and enhance capital, reserving and disability-risk models.
  • Support technical pricing initiatives and capital calculations for strategic projects, including reviews of pricing assumptions, methodologies, and profitability metrics.
  • Collaborate with actuarial and risk teams to validate data quality, model assumptions, and model outputs.
  • Design and oversee automated data-ingestion pipelines from the DwH via Databricks or comparable platforms, employing Python/R to support advanced analytical and modelling activities.
  • Document end-to-end modelling and data processes, proposing improvements to increase efficiency and reliability.
  • Support Solvency II projects including Solvency Capital Requirement (SCR) / Return On Risk Capital (RORC) calculations, ORSA, ESG/Climate-risk assessment, sustainability initiatives, and emerging-risk analysis.
  • Facilitate clear and effective communication with Senior Management on Risk Management and Actuarial Function matters.

PROFILE

  • Master’s degree in actuarial science, Statistics, Mathematics, Physics or Computer Science.
  • 5 years of experience in Financial Services, preferably Insurance. Ideally 3 years in a technical department (Risk Management, Actuarial Function or IT).
  • Strong Python and SQL skills; Databricks or Dataiku is a plus.
  • Fluent in English, any other language would be considered an asset.
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