Head Actuarial

  • 33317
  • Life - Actuarial
  • |
  • Luxembourg
  • |
  • Feb 9, 2018
  • Lead and manage the actuarial function and its processes
  • Provide liability valuations on different bases
  • Ensure the business unit’s executive committee and the Board of Directors are provided with in-depth actuarial views of the technical provisions
  • Provide actuarial assessments of new transactions
  • Conduct technical notes for new and existing products
  • Liaise with other business unit’s functions such as Finance, Products and Risk Management to ensure that the team’s valuation and risk management principles are in line with the group standards
  • support the regulatory reporting activities in conjunction with the finance division and legal functions
  • Perform experience analysis and review of key actuarial assumptions to ensure long term profitability of business
  • Ensure an appropriate control framework is in place that matches with the business requirements
  • Develop and maintain deep knowledge of insurance practices and market developments within the European Economic Area, in particular Germany, the Netherlands, the UK, and Ireland
  • University degree; mathematics, statistics, actuarial science or related field with proven mathematical skills and analytical ability
  • Qualified actuary
  • Work experience of 10+ years in primary life and health insurance and/or consulting environment with actuarial focus
  • Excellent understanding of Luxembourg statutory and US GAAP reserving for life and health business
  • Keen appreciation of sound risk management and Solvency II requirements
  • Strong knowledge of the MS Office suite or Matlab
  • You are organized, a motivated team player and comfortable in a multi-cultural environment
  • Strong verbal and written communication: ability to communicate complex issues to others in a clear and concise way
  • Your English is excellent; French is a plus.