Senior Valuation Actuary

  • 36089
  • Life - Actuarial
  • |
  • Luxembourg
  • |
  • Oct 22, 2019
Reinsurance
RESPONSIBILITIES
  • Provide the company EMEA's liability valuations on different bases (Luxembourg statutory, US GAAP, Solvency II, EVM);
  • Provide actuarial assessments of new product implementation;
  • Assist in the preparation technical notes for new and existing products;
  • Liaise with other iptiQ EMEA functions such as Finance, Products and Risk Management to ensure that the company’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 prepare the 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;
  • Contribute in the development and maintenance of deep knowledge of insurance practices and market developments within the European Economic Area
QUALIFICATIONS
  • University degree; mathematics, statistics, actuarial science or related field with proven mathematical skills and analytical ability;
  • Qualified actuary or nearly qualified;
  • Work experience of 4+ years in primary L&H insurance and/or consulting environment with actuarial focus;
  • Excellent understanding of Luxembourg statutory and US GAAP reserving for L&H business;
  • Good knowledge on Solvency II requirements;
  • Strong knowledge of the MS Office suite (particularly of MS Excel) 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.