Job title: Quantitative Risk Management Analyst
Job type: Permanent
Emp type: Full-time
Industry: Insurance
Expertise: Actuarial Risk Management Skills
Job published: 21/06/2022
Job ID: 32895

Job Description

Our client, an insurance company is looking for a Quantitative Risk Analyst to strengthen the Risk Management team. He·she will be in charge of  supporting the development, maintenance of the internal capital model and providing capital related deliverables for the company.

 

The Quantitative Risk Analyst will be responsible for  :

  • Executing quantitative risk management initiatives addressing business needs and regulatory requirements covering all aspects of Solvency II;
  • Compiling, assessing and reporting risk information to the Quantitative Risk Management Lead;
  • Ensuring that the company’s activities comply with relevant legislation and regulation;
  • Using the Partial Internal Model (PIM) for regulatory purposes for the solo and group insurance undertakings;
  • Advising on the methodology / calibration / parameterisation of the internal model
  • Developing model documentation, PIM quantitative outcomes and reporting (including Balance Sheet valuation, EV, liquidity);
  • Facilitating internal / external model validation;
  • Providing support to Actuarial Function activities;
  • Managing quantitative risk reporting meeting the needs of the CRO and Management Committee, in order to enable effective decision making;
  • Formulating a coherent risk appetite and ensuring integration in investment, underwriting and reinsurance processes;
  • Embedding a positive culture of confident and informed risk-taking through training, communication and promotion of the risk framework;
  • Participating in complex actuarial assignments or projects.

 

Profile

  • Master in Actuarial Science
  • Working experience in the insurance sector or insurance advisory
  • Programming skills:  knowledge of R is a plus
  • Critical attitude and ability to independently exercise judgement
  • Ability to translate analysis into business insights
  • Autonomy, only requiring “expert” level technical support
  • Team player and keen to work in an international environment
  • Remote working possible. Preference for working location Belgium
  • Knowledge of both French and Dutch and fluency in English