Job title: Actuarial Risk Modeler
Job type: Permanent
Emp type: Full-time
Industry: Insurance
Expertise: Risk Management Skills
Location: Brussels, Belgium
Job published: 20/07/2022
Job ID: 32934

Job Description

Our client, an insurance company is looking for a Risk Modeller to strengthen the Financial Department. He·she will be in charge of  the new model development, implementation projects and credit insurance modelling activities.

 

The Risk Modeller will be responsible for  :

  • Calculating, analyzing reporting  the SCR
  • Reviewing and maintaining  models and parameters
  • Testing and reviewing the model yearly
  • Validating the central model components for the assigned scope
  • Defending opinion in front of stake holders and regulators regarding model validation
  • Developing  new generation models using latest techniques e.g. Machine Learning
  •  Integrating non-modelled entities into the Internal Model
  •  Optimizing internal processes
  • Implementing the new S&G model
  • Ensuring methodological consistency on new LGD and EAD models
  • Internal Model Parameters:
    • Methodological discussions on parameters calibration
    • Reviewing the calibration process and results before feeding the SCR calculation
  • Interacting with colleagues and management in explaining SCR results
  • Proposing continuous improvements to the tools' infrastructure and process optimization
  • Developing and implementing necessary tools to support the model review, testing, analysis and reporting of SCR

 

Profile

  • Master in Statistics, Quantitative Finance, Data Science or Mathematics; Actuarial background is a strong asset
  • At least 5 years’ experience in P&C segment, development, review or audit of premium risk models
  • Experience in leading complex and large scale model development projects is an asset
  • Coding skills in SAS & VBA, Python and R  is a strong asset
  • Strong understanding of S II framework, best practice model governance
  • Project management skills and leadership
  • Well organized and efficient
  • Strong analytical mindset
  • Detailed and result-oriented
  • Ability to work on several tasks/projects at the same time
  • Ability to explain complex topic in a simple way
  • Team player and easy to communicate with
  • Resistant to stress
  • Fluent in English (spoken and written)