Job title: Senior Investment Risk Actuary
Job type: Permanent
Emp type: Full-time
Industry: Insurance
Expertise: Actuarial Risk Management Skills
Location: Luxembourg, Luxembourg
Job published: 29/08/2022
Job ID: 32911

Job Description

Our client, an insurance company is looking for a Senior Investment Risk Actuary to strengthen the Actuarial & Risk team. He·she will be in charge of the risk management, managing a portfolio of unit-linked insurance policies with guarantees (variable annuities).


The Senior Investment Risk Actuary will be responsible for :


  • Performing quantitative analyses of variable annuities portfolios in the context of hedge assets and liabilities valuations
  • Establishing, implementing and overseeing internal risk controls and procedures (in particular in relation to the hedge assets)
  • Following up on recommendations related to risk, internal control, internal audit, external audit and regulators
  • Collaborating with teams to ensure adequate, efficient and consistent implementation and reporting of the new IFRS-17 standard
  • Supporting the implementation and improvements on existing qualitative risk management policies and procedures
  • Supporting the valuation, control and reporting activities under Solvency II and SST



  • Master’s degree in quantitative finance, actuarial science, mathematics or physics
  • Minimum 5 years of professional experience in quantitative analysis in the financial industry
  • In-depth knowledge of the valuation of derivative financial instruments
  • Good knowledge of Solvency II and of qualitative risk management are an asset
  • Strong analytical skills, result-oriented, self-motivated, team player
  • Able to communicate and present in a concise and clear manner, adapting to the audience
  • Experience with programming languages such as C++, Python, SQL or similar programming skills is an asset
  • Business fluency in English, good knowledge of German or French is an asset