Job title: ALM Actuary
Job type: Permanent
Emp type: Full-time
Industry: Insurance
Expertise: Actuarial Risk Management Skills
Location: Paris area, France
Job published: 19/06/2020
Job ID: 32655

Job Description

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