Job title: Life Risk Monitoring Actuary
Job type: Permanent
Emp type: Full-time
Industry: Insurance
Expertise: Risk Management Skills
Location: Brussels, Belgium
Job published: 26/10/2022
Job ID: 32954

Job Description

Our client, an insurance company is looking for a Life Risk Monitoring Actuary to strengthen the Risk Department. He·she will be in charge of  the actuarial follow-up of the company’s technical result and the achievement of high quality standards in line with the actuarial governance.


The Life Risk Monitoring Actuary will be responsible for  :

  • Monitoring and analysing the technical basis of various risks;
  • Calculating and monitoring of reinsurance premiums and claims and the follow-up of the relationship with the reinsurer;
  • Calculating and monitoring of statutory and IFRS reserves (mathematical and claims reserves) and assessing the adequacy of existing provisioning methods and suggesting necessary adjustments;
  • Analysing and monitoring of production and claims using statistical tools (Python/R) and automation of reports/dashboards via PowerBI;
  • Preparing and reporting the technical results for the quarterly/annual closings;
  • Establishing actuarial studies related to claims experience, Boni-Mali, adequacy of charges and the correspondence between provisions and expected liabilities;
  • Participating in budgeting and profit study;
  • Communicating and collaborating with other departments;
  • Setting up an (underwriting) risk dashboard to communicate clearly and effectively with other departments;
  • Adapting the necessary tools for risk monitoring, cash-flow and liability estimation;
  • In-depth data analysis and process automation.



  • Master’s degree in Actuarial Science, Statistics, Mathematics;
  • 2 to 3 years of experience in insurance is an asset;
  • High knowledge of databases, and at ease with coding in SQL, Python, SAS, VBA(VB), R;
  • Knowledge of tools such as Microsoft Excel, Access, etc.;
  • Capacity to be integrated into a permanent training plan;
  • Strong analytical thinking skills and ability to make judgements;
  • Accurate and critical thinking about numbers;
  • Good organisational skills, ability to meet deadlines and resistance to stress;
  • Result driven and team player;
  • Proactive and responsible;
  • Good knowledge of English, French and/or Dutch.