Job Description

Our client, an international insurance company is looking for a Non-Life Reserving Actuary to strengthen the Actuarial Department. He·she will be in charge of the reserving activity, harmonizing and documenting IFRS and Solvency II related actuarial methods and processes, and developing a wide range of finance transformation projects.

The Non-Life Reserving Actuary will be responsible for:

• Reserving:

• Managing the quarterly IFRS reserves process end-to-end for assigned European business units,
• Understanding and analysing the quality of the data in terms of coherency, completeness and consistency,
• Analysing quarterly IFRS reserves to determine the appropriate IBNR level for run-off and new businesses,
• Engaging with local business units to present the corporate actuarial view on reserving,
• Proactively managing relationship with finance departments,
• Contributing to harmonise and maintain the IFRS and Solvency II related actuarial methods, assumptions and calibration across all business units and lines of businesses.

• Projects:

• Engaging with other departments and developing as a subject matter expert on pricing/underwriting from a corporate actuarial view perspective,
• Contributing to the project aiming at implementing the IFRS 17 standards for assigned business,
• Contributing to the design, implementation and testing of a new reserving workflow.

• • Processes and Controls:

• Maintaining the design, implementation and timely execution of internal controls applicable to the reserving process both for IFRS and Solvency II,
• Engaging with the internal control department to provide relevant information and raise concerns or issues to the management.

• Documentation:

• Designing and implementing the documentation repository of the department,
• Drafting assigned documentation related to technical methodologies or functional processes.

Profile

• Master’s degree in Actuarial Science and qualification in a recognised actuarial association is an asset,
• Professional experience of at least 1 years in P&C actuarial or risk management activities (consultancy/audit experience an asset),
• Expertise in actuarial software and tools (SAS or ResQ an asset),
• Drafting and communication skills,
• Good project and stakeholders management skills,
• Ability to influence a wide range of stakeholders,
• Proactive behaviour and team player,
• Good spoken and written English.