Job title: Underwriting P&C Actuary
Job type: Permanent
Emp type: Full-time
Industry: Insurance
Location: Brussels, Belgium
Job published: 30/04/2025
Job ID: 33980

Job Description

Our client, an insurance company, is looking for a Risk Underwriting Officer to support the underwriting and actuarial department.


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

  • Participate in all Group projects incorporating an underwriting dimension and
    review the deals that enter its scope regarding the existing criteria (materiality,
    derogations).
  • Help to ensure and follow up that all deals that should be escalated in UW
    central governance, prepare the Deal Referral Committees, including the
    minutes and follow up of decisions, review Underwriting Guidelines and
    policies.
  • Build the Risk Management Opinions on all the technical and underwriting
    topics (pricing but also underwriting, performance reporting, governance and
    product approval processes).
  • As a second line, follow up actively and contribute to an efficient monitoring of
    the performance of our portfolio, in close links with central underwriting
    (including active participation to review UW guidelines, to assist CRO for the
    Deal Referral Committee).
  • Improve pricing methodologies (promoting GLM, segmentation approach) and
    drive back testing analysis on assumptions used for pricing (frequency, average
    costs, internal costs).
  • In general, actively participate in all Group projects presenting an underwriting
    part. Point of contact and coordination between the entities of the group’s
    Underwriting’s functions, and all underwriters and sales direction from local and
    regional organization.

 

Profile

  • Higher education in economic, mathematics, actuary or equivalent and at least 2 years’ experience in
    P&C insurance or a similar position (assistance would be a plus).
  • English essential (read, written, spoken); Knowledge of French is a plus.
  • Master the office tools and in particular Excel and Access, knowledge of R language/software or Python
    is a plus.
  • Able to work with a team, good communication skills, solution oriented.
  • Have good ability to adapt, independent spirit, curious, open mind and comfortable in a multicultural
    environment.