Senior Reserving Actuary

il y a 2 semaines

Paris, France Van Kaizen Temps plein

Senior Reserving Actuary

This role is based on-site in Malta (EU) and will require relocation to commence work. Visa & Work permit will be sponsored by the employer where required.

The Employer:

We are a dynamic and innovative insurance company, specializing in tailored solutions for brands, companies, and broker networks in both Life and Non-Life Insurance. With steady growth over the last 16 years, we have become a prominent player in the international market, spanning seven European countries.

We foster a culture of responsibility and provide a supportive environment for professional growth, leveraging our small size locally to offer significant opportunities.

Role Summary

The Senior Reserving Actuary will oversee the reserving function for various lines of business, taking ownership of reserve studies, regulatory compliance, and collaboration with cross-functional teams. In this high-impact role, you will contribute to financial stability, ensure reserve accuracy, and engage with departments including Finance, Underwriting, and Claims to drive insights and decisions.

Key Responsibilities

  • Lead Reserving Studies: Apply actuarial reserving methods using a new reserving tool to determine the most accurate reserves for financial accounts. Estimate ultimate claims and their payout patterns, identifying and monitoring portfolio segments that require specific focus.
  • Contribute to Costing and Reporting: Challenge costing accuracy, contribute to reporting, and deepen understanding of liability reinsurance. Develop insights that shape reserve decisions and financial strategy.
  • Maintain Reserve Integrity: Ensure comprehensive and accurate reserve calculations and communicate findings effectively to stakeholders, building a strong foundation for financial accounts.
  • Collaborate Cross-Functionally: Regularly interact with Underwriting, Claims, Technical Accounting, and Finance teams, as well as senior management, to build long-term, trustful relationships and support a shared understanding of reserve methodologies.
  • Support IFRS Transition: Play a key role in the transition to IFRS accounting standards and ensure seamless integration of actuarial insights into reporting structures.
  • Project Management and Systems Development: Lead or contribute to actuarial-related projects and systems development to enhance reserving accuracy, methodologies, and team efficiency.
  • Mentorship and Training: Provide guidance to junior team members, helping them develop their actuarial expertise and contributing to a culture of growth and knowledge-sharing.
  • Departmental Support: Assist the Head of Actuary in various tasks as required within the actuarial department, contributing to overall team success and strategic planning.

Ideal Candidate:

  • Educational Background: Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field.
  • Experience: 5+ years of actuarial experience, with a strong focus on reserving in the insurance industry.
  • Technical Skills: Proficiency in actuarial reserving methodologies, stochastic modeling, and predictive analytics, along with expertise in actuarial software and strong Excel skills.
  • Regulatory Knowledge: Familiarity with regulatory frameworks such as IFRS 17 and Solvency II.
  • Soft Skills: Excellent analytical, problem-solving, and communication skills, with a demonstrated ability to explain complex data and influence decision-making.

Soft Skills:

  • Excellent interpersonal skills, adept at connecting with individuals from diverse backgrounds.
  • A balance of technical acumen and a genuine interest in human relationships.
  • Proven ability to suggest and implement new processes.
  • Strong analytical and goal-oriented mindset.
  • Assertive yet skilled in building trust and relationships.
  • Proactive in identifying issues and proposing viable solutions.
  • Recognizes the value of collaborative efforts in achieving outstanding results.
  • Adaptable to our evolving professional and cultural environment.

Terms of Employment:

  • Indefinite contract.
  • Offices based in Sliema, Malta.
  • Salary commensurate with experience, profile, and qualifications.
  • Health insurance provided.
  • Remote working policy in place.

Join us in an environment that values your expertise and encourages collaboration, offering a platform for both professional and personal growth.

Job Types: Full-time, Permanent
Status: Cadre

Application Question(s):

  • What are your net monthly salary expectations (after tax is paid):
  • What is your starting availability / notice period:
  • Are you willing to relocate to Malta (EU) for this position? Visa & Work permit will be sponsored where required.
  • Have you obtained a degree in Mathematics, Statistics, Computer Science, Economics or Financial Risk Management?
  • What is your current gross annual salary ?

Experience:

  • Reserving: 5 years (Required)
  • Database access: 5 years (Preferred)
  • R software: 5 years (Preferred)
  • VBA and SQL: 5 years (Preferred)
  • Python: 5 years (Preferred)
  • IFRS 17: 4 years (Preferred)
  • Solvency II: 5 years (Preferred)
  • Statistical analysis programs: 5 years (Preferred)

Language:

  • French (Preferred)
  • English (Required)
#J-18808-Ljbffr

  • Senior Reserving Actuary

    il y a 2 semaines

    Paris, France Van Kaizen Temps plein

    **Senior Reserving Actuary** This role is based on-site in Malta (EU) and will require relocation to commence work. Visa & Work permit will be sponsored by the employer where required. **The Employer**: We are a dynamic and innovative insurance company, specializing in tailored solutions for brands, companies, and broker networks in both Life and Non-Life...

  • Actuary Reserving Specialist

    il y a 4 semaines

    Paris, Île-de-France SCOR Temps plein

    Job Title: WELA L&H Junior Reserving ActuaryThe WELA L&H Junior Reserving Actuary will play a key role in supporting the various activities of the WELA (Western Europe and Latin America) L&H Reserving team at SCOR.Key Responsibilities:Contribute to the production of IFRS17, Solvency II, and French GAAP reserves for the WELA scope, including the creation of...

  • WELA L&H Junior Reserving Actuary

    il y a 3 semaines

    Paris, Île-de-France SCOR Temps plein

    Job Title: WELA L&H Junior Reserving ActuaryThe WELA L&H Junior Reserving Actuary will be a key member of the WELA (Western Europe and Latin America) L&H Reserving team, supporting the production of IFRS17, Solvency II, and French GAAP reserves.Key Responsibilities:Participate in the production of reserves, sensitivities, and analysis of changes for the WELA...

  • Actuary for Reserving and Profitability

    il y a 4 semaines

    Paris, Île-de-France AXA Temps plein

    Job Title: Reserving ActuaryWe are seeking a highly skilled Reserving Actuary to join our AXA Partners central reserving and profitability team. As a key member of the team, you will be responsible for a wide range of actuarial work to support the business.Key Responsibilities:Contribute to the 1st opinion reserving process for IFRS reporting on the AXA...

  • WELA L&H Junior Reserving Actuary

    il y a 1 mois

    Paris, Île-de-France SCOR Temps plein

    Job Title: WELA L&H Junior Reserving ActuaryWe are seeking a highly skilled Junior Reserving Actuary to join our WELA L&H Reserving team at SCOR. As a key member of our team, you will play a crucial role in supporting the production of IFRS17, Solvency II, and French GAAP reserves for the WELA scope.Key Responsibilities:Participate in the production of...

  • Actuary - Life Reserving

    il y a 3 semaines

    Paris, Île-de-France SCOR Temps plein

    Job SummaryAs a Reserving Actuary, you will play a crucial role in producing treaty projections to feed the IFRS 17, Solvency 2, and HGB balance sheets. You will work closely with the Pricing, Accounting, Finance, and actuarial teams to analyze these figures and identify areas for improvement.Main ResponsibilitiesKey duties and responsibilities...

  • WELA L&H Junior Reserving Actuary

    il y a 2 jours

    Paris, Île-de-France SCOR Temps plein

    About the RoleThe WELA L&H Junior Reserving Actuary will support the various activities of the WELA (Western Europe and Latin America) L&H Reserving team at SCOR.You will report directly to the WELA Head of L&H Reserving and work closely with the other Finance functions as well as the other actuarial teams in the Group.Main ResponsibilitiesParticipate in the...

  • Actuary/Analyst - Reserving Expert

    il y a 3 semaines

    Paris, Île-de-France AXA Temps plein

    About the RoleWe are seeking an experienced Actuary/Analyst to join our Reserving team at AXA Group. As a key member of our team, you will be responsible for estimating and managing actuarial reserves related to reinsurance risks assumed and retroceded through AXA SA.Your primary focus will be on reviewing actuarial reserves twice a year for P&C and Life...

  • Actuary/Analyst - Reserving Expert

    il y a 4 semaines

    Paris, Île-de-France AXA Temps plein

    About the RoleWe are seeking an experienced Actuary/Analyst to join our Group Ceded Re department, specifically the Actuarial Reserving team. As an Actuary/Analyst, you will play a crucial role in estimating and managing actuarial reserves related to reinsurance risks assumed and retroceded through AXA SA, the holding of AXA Group.Your primary...

  • P&C Reserving Corporate Actuary

    Il y a 5 mois

    Paris, France SCOR Temps plein

    As part of SCOR’s Reserving and Economic/Capital Performance department, the team manages and oversees the worldwide P&C Reserving activities in all its dimensions (Reserving and resilience strategy, modelling excellence and risk assessment cycles, quarterly performance analysis, governance and regulatory activities, feedback loop with P&C stakeholders,...

  • WELA L&H Junior Reserving Actuary

    Il y a 2 mois

    Paris, France SCOR Temps plein

    The WELA L&H Junior Reserving Actuary will support the various activities of the WELA (Western Europe and Latin America) L&H Reserving team.You will report directly to the WELA Head of L&H Reserving for SCOR. You will work closely with the other Finance functions as well as the other actuarial teams in the Group.Operational activitiesYou will :Participate to...

  • Actuary - Life Reserving

    il y a 1 mois

    Paris, Île-de-France SCOR Temps plein

    Job SummaryWe are seeking a highly skilled Actuary to join our team at SCOR, where you will play a key role in producing treaty projections and analyzing figures for IFRS 17, Solvency 2, and HGB balance sheets.Key ResponsibilitiesAs a Reserving Actuary, you will be responsible for:Producing projections of portfolios for IFRS 17 and Solvency 2, analyzing...

  • Wela L&h Junior Reserving Actuary

    Il y a 2 mois

    Paris, France SCOR Temps plein

    The WELA L&H Junior Reserving Actuary will support the various activities of the WELA (Western Europe and Latin America) L&H Reserving team. You will report directly to the WELA Head of L&H Reserving for SCOR. You will work closely with the other Finance functions as well as the other actuarial teams in the Group. Operational activities You will: -...

  • P&C Reserving Central Actuary

    Il y a 5 mois

    Paris, France SCOR Temps plein

    Support on several of the key mandates of the departments including: - reserving and resilience strategy - quarterly closing activities coordination, - quarterly performance analysis for Finance and P&C top management, - feedback loop with P&C stakeholders, - simplification and automation of Reserving processes. As part of SCOR’s Reserving and...

  • WELA L&H Junior Reserving Actuary Position

    il y a 2 semaines

    Paris, Île-de-France SCOR Temps plein

    The WELA L&H Junior Reserving Actuary will play a key role in supporting the various activities of the WELA (Western Europe and Latin America) L&H Reserving team.This position will report directly to the WELA Head of L&H Reserving for SCOR, working closely with other Finance functions as well as other actuarial teams in the Group.Key ResponsibilitiesYou will...

  • Reserving Second Opinion Actuary

    Il y a 5 mois

    Paris, France XL Catlin Temps plein

    **Flexible Work Eligible**: None **DISCOVER your opportunity** This position is part of the AXA XL Risk Management team which is organized in several Centers of Excellence (Actuarial Risk, Underwriting Risk, Risk Governance and Control, Financial and Market Risk and Catastrophe Risk). This role is part of the Reserving team of the Actuarial Risk Center of...

  • Actuary/Analyst - Reserving Expert

    il y a 3 semaines

    Paris, Île-de-France AXA Temps plein

    Job SummaryWe are seeking an experienced Actuary/Analyst to join our Actuarial Reserving team at AXA Group. As a key member of our team, you will be responsible for estimating and managing actuarial reserves related to reinsurance risks assumed and retroceded through AXA SA.You will work closely with various stakeholders to ensure the consistency of data...

  • Actuary/Analyst - Reserving Expert

    il y a 3 semaines

    Paris, Île-de-France AXA Temps plein

    About AXAAXA is a global leader in insurance, protecting people and assets in 51 countries. With over 145,000 employees and 90 million customers, we strive to make a positive impact on society and the environment. Our mission is to protect what matters most to our customers, and we're committed to being a responsible and inclusive employer.Job...

  • WELA L&H Junior Reserving Actuary

    Il y a 2 mois

    Paris, France Scor Temps plein

    Job DescriptionThe WELA L&H Junior Reserving Actuary will support the various activities of the WELA (Western Europe and Latin America) L&H Reserving team.You will report directly to the WELA Head of L&H Reserving for SCOR. You will work closely with the other Finance functions as well as the other actuarial teams in the Group.ResponsibilitiesOperational...

  • Junior Life Reserving Actuary

    Il y a 2 mois

    Paris, France SCOR Temps plein

    Job SummaryUnder the authority of the CEN Life and Health Reserving Manager:  You will be responsible for producing treaty projections to feed the IFRS 17, Solvency 2 and also HGB balance sheets and for analyzing these figures. You will be part of the stabilization work regarding IFRS 17 (models and processes).  You will work in collaboration with the...