Job title: Non-Life Reserving Actuary
Job type: Permanent
Emp type: Full-time
Industry: Insurance
Functional Expertise: Actuarial Other
Location: Paris area, France
Job published: 25/10/2024
Job ID: 33240

Job Description

Our client, a major international insurance company, is looking for a Non-Life Reserving Actuary to join their Corporate Actuarial Department. The successful candidate will be responsible for managing the reserving process, focusing on IFRS and Solvency II compliance across a portfolio of P&C insurance products.

He/she will be in charge of the following tasks:

  • Manage the quarterly IFRS reserves process end-to-end for assigned portfolios.
  • Contribute to the harmonization of actuarial reserving methods and calibration assumptions.
  • Support the implementation of IFRS 17 and assist in Solvency II modelling.
  • Develop expertise in actuarial reserving tools and processes.
  • Provide actuarial input into financial projections, budgeting, and reinsurance accounting.
  • Collaborate with internal stakeholders (underwriting, claims, risk) to ensure the accurate reporting of reserves.
  • Act as a key contributor to finance transformation projects aimed at process and tool improvement.
  • Prepare actuarial reports for internal and external stakeholders, including senior management and regulatory bodies.

Profile

  • Education : Master’s degree in actuarial science, mathematics, or a related field.
  • Experience: Junior: Minimum 4-5 years of experience in P&C actuarial reserving.
    Senior : Minimum 10+ years of experience, with leadership responsibilities in P&C reserving.
  • Technical Skills: Proficiency in traditional reserving methods (triangles, IBNR) and experience with Solvency II and IFRS 17 regulations. Familiarity with actuarial tools such as ResQ, SQL, and modern data analytics tools (Power BI, Python) is a plus.
  • Soft Skills: Strong communication and collaboration skills. Ability to work effectively in a team and liaise with multiple internal departments. Leadership and mentoring experience required for senior positions.
  • Languages: Fluent in English, French is a plus.