Our client, an insurance company, is looking for a Non-Life Reserving Actuary to strengthen its Actuarial Department. The future Actuary will work on Non-Life reserving activities. He/She will also hold responsibilities for harmonising and documenting IFRS and Solvency II related actuarial methods and processes and will develop as a key contributor to a wide range of finance transformation projects.
The future Non-Life Reserving Actuary key responsibilities will be as follows:
- Manage the quarterly IFRS reserves process end-to-end for assigned European business units.
- Understand and analyse the quality of the data in terms of coherency, completeness, and consistency.
- Analyse quarterly IFRS reserves to determine the appropriate IBNR level for run-off and new businesses.
- Engage with local business units to present the corporate actuarial view on reserving.
- Proactively manage relationship with local finance departments.
- Contribute to harmonise and maintain the IFRS and Solvency II related actuarial methods, assumptions and calibration across all business units and lines of businesses.
- Engage with underwriting departments and develop as a subject matter expert on pricing/underwriting from a corporate actuarial view perspective.
- Contribute to the project aiming at implementing the IFRS 17 standards for assigned business.
- Contribute to the design, implementation and testing of a new data repository reserving workflow.
Processes and Controls
- Responsible for the design, implementation, and timely execution of internal controls applicable to the reserving process both for IFRS and Solvency II.
- Engage with the internal control department to provide relevant information and raise concerns or issues to the Actuarial Corporate Director.
- Design and implement the documentation repository of the department.
- Draft assigned documentation related to technical methodologies or functional processes.
- Master’s degree in Actuarial Science,
- Qualification in a recognised actuarial association is an asset,
- 4 to 8 years of professional experience in P&C actuarial or risk management activities,
- Knowledge of SAS and/or ResQ is an asset,
- Good communication skills and assertiveness,
- Good project and stakeholders' management skills,
- Team spirit,
- Fluency in French and English.