Job title: Group Reserving Actuary
Job type: Permanent
Emp type: Full-time
Industry: Other
Expertise: Actuarial
Skills: Reserving P&C Non-Life
Location: Paris area, France
Job published: 23/07/2020
Job ID: 32670

Job Description

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.