Job title: Life&Health Reserving Actuary
Job type: Permanent
Emp type: Full-time
Industry: Insurance
Functional Expertise: Actuarial Skills
Location: Paris area, France
Job published: 17/05/2023
Job ID: 33032

Job Description

Our client, an insurance company is looking for a Life & Health Reserving Actuary to strengthen the International Health team. He·she will be in charge of setting the reserves and advising management on the performance of a number of key accounts and lines of business.

 

The Life & Health Reserving Actuary will be responsible for:

  • Reserving and regulation
    • Maintaining and enhancing the company’s reserving function according to local regulation, IFRS 17 and Solvency II and the group’s initiatives for Technical Excellence.
    • Assisting the team in submitting timely and accurate deliverables.
    • Supporting internal and external audits.
    • Explaining movements to internal stakeholders.
  • Portfolio and profit management
    • Maintaining and further developing the company’s suite of profitability analysis reporting and engaging in pricing oversight.
    • Assisting in maintaining an actuarial data base for both the Paris and Dublin businesses and conducting projects to continuously enhance availability, completeness, reliability and granularity of data.
    • Updating and enhancing the reserving methodology and segmentation through a deep dive in contracts and available sources of data.
  • Other duties
    • Advising on the reinsurance arrangements.
    • Participating in the annual planning exercise.
    • Assisting the Finance Department in areas such as financial projections, budgeting, statutory reporting and reinsurance accounting.
    • Providing the actuarial input in various projects (such as the integration of new portfolios, migration to IT platforms, etc.).

 

Profile

  • Master’s degree in Actuarial Science.
  • Minimum 5 years of actuarial professional experience in P&C with a good understanding of life actuarial techniques.
  • Strong knowledge of Excel and SQL and/or ResQ is an advantage.
  • Willingness and ability to operate in an international environment with dynamic changes.
  • Team player, proactive, self-driven, innovative mind-set.
  • Rigorous, precise and conscientious.
  • Strong analysis and synthesis skills.
  • Good verbal and written communication skills.
  • Good spoken and written English and French required.