(Senior) Actuary

  • 33387
  • Non-Life - Actuarial
  • |
  • Germany
  • |
  • Feb 27, 2018
  • |
  • German
Insurance
RESPONSIBILITIES
  • Profitability assessment of new business opportunities and renewals, in particular quota share reinsurance deals.
  • Conducting quantitative & qualitative analysis and providing holistic evaluations & recommendations to senior management.
  • Enabling profitable underwriting & deal negotiation through market & competitor analysis, design of commission structures, performing risk transfer tests and ensuring common technical understanding with business partners.
  • Performance management of reinsurance accounts & monitoring of the entities’ automotive books
  • Suggestion & evaluation of portfolio remediation measures, reinsurance commutations & negotiation strategies.
  • Contributing to the quarterly closing process, allowing adequate reserving and enabling sound financial reporting.
  • Actuarial consulting of manufacturers and the entities during development of specific product & coverage solutions as well as non-standard premium concepts.
  • Peer review and challenging of innovative product & pricing solutions for new mobility topics (e.g. car-sharing assisted driving, autonomous driving, telematics etc.).
  • Conducting portfolio management, steering profitability & implementing technical excellence initiatives
  • Developing and sharing of best practices in classic motor & new mobility topics amongst entities.
  • Participation in internal & interdisciplinary projects, including planning, reporting and financial tasks.
  • Collaboration with colleagues from international operating entities, hub functions as well as other departments on ad-hoc projects & requests.
QUALIFICATIONS
  • Excellent university degree in mathematics, statistics or similar professional experience.
  • Minimum 4-6 years of professional experience.
  • Completed actuarial qualification.
  • Excellent verbal and written English required; proficient German as well as additional foreign language skills are advantageous.
  • Proficient user of Microsoft Office packages (Excel, Word, PowerPoint) and other relevant software.
  • Experience in reinsurance pricing, underwriting and/or reserving.
  • Experience in portfolio management and profitability assessment.
  • Knowledge of financial and technical accounting.
  • Knowledge of international motor insurance markets and their products & pricing is beneficial.
  • Excellent analytical, conceptual and problem solving skills.
  • Ability to take over responsibility and work independently, creatively and flexibly within a team.
  • Experience of working in a fast-paced, dynamic and international environment.
  • Intercultural sensitivity and international experience.
  • Highly developed interpersonal skills (i.e. communication, presentation and negotiation.