Job title: Non-Life Reserving Actuary
Job type: Permanent
Emp type: Full-time
Industry: Insurance
Expertise: Actuarial Skills
Location: Paris area, France
Job published: 24/06/2021
Job ID: 32790

Job Description

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:

 

Reserving

  • 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.

Documentation

  • Design and implement the documentation repository of the department.
  • Draft assigned documentation related to technical methodologies or functional processes.

 

Profile

  • 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,
  • Proactivity,
  • Team spirit,
  • Fluency in French and English.