Job title: Senior L&H Modeling Actuary
Job type: Permanent
Emp type: Full-time
Industry: Reinsurance
Expertise: Actuarial Risk Management Skills
Location: Paris, France
Job published: 07/07/2022
Job ID: 32926

Job Description

Our client, an insurance company is looking for a Senior L&H Modeling Actuary to strengthen the Global Actuarial Department. He·she will be be developing and maintaining the actuarial aspects of the L&H pricing and valuation infrastructure.

The Senior L&H Modeling Actuary will be responsible for  :

  • Leading the development and maintenance of actuarial systems, models and tools used in regulatory reporting for solvency regimes and financial statements (Multi GAAP)
  • Leading on the implementation of change projects including an ongoing modelling platform migration from MoSes & RAFM to AXIS
  • Supporting the build of a centralised database with supporting transformation and aggregate calculation tools
  • Modernizing and extending the aggregation and consolidation tools across the different processes and geographies, by limiting as much as possible the use of Excel and manual retreatments
  • Enhancing the visualization and analysis capability for use in the validation of results, production of management reporting metrics and implementation of controls
  • Working closely with the life actuarial teams, Operations, Finance, IT, external consultants and vendors to implement changes to the modelling architecture
  • Reviewing existing process and improving operational efficiency of the regulatory reporting
  • Ensuring a robust control framework by automation of validations
  • Developing and enforcing best practices for model governance
  • Mentoring and guiding other team members in the use and development of models and tools
  • Assisting team in implementation of data and model requirements for IFRS 17, USGAAP LDTI, FRGAAP, SII, BMA, MAS, VIF including writing and reviewing technical specifications and testing
  • Line of Business models: Assisting with model improvements for in-force business as required (Moody’s AXIS / RAFM / In-house)
  • Assisting with model implementation for new business




  • Qualified Actuary with a master’s degree in relevant field (Actuarial, Statistics, IT, Engineering)
  • At least 10 years working experience in Life reserving or pricing in the (re)insurance sector
  • A prior experience of financial reporting with respect to regulatory reporting regimes is a distinct advantage (USGAAP LDTI, IFRS 17, SII, BMA, MAS, VIF)
  • Reinsurance knowledge is an asset
  • Strong IT and Data management skills
  • Knowledge in software such as Moody’s, AXIS, Risk Integrity, Moses, RAFM, C++, R, SQL, VBA, Business Objects, Python, etc.
  • Driven to streamline business processes, automation and maintainability
  • Experience in specification, development and testing of actuarial and data transformation software
  • Organized, able to work in a matrix structure
  • Ability to set and manage priorities
  • Strong communication skills
  • Team-oriented and keen to work with other cultures
  • Fluent in English