Senior Risk Analyst

  • 36709
  • Life - Actuarial
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  • Germany
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  • Jan 29, 2020
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  • German, English
  • Responsible for the ongoing development of the company’s internal model with respect to life non-market and pension risks.
  • Review of special transactions, such as L&H product approvals which exceed local authorities or complex transactions (e.g. Longevity swaps). Perform analysis that identifies the key risk and value drivers in order to provide other departments that are removed from the details with a clear basis for decision-making.
  • Assume responsibility for and lead projects with other teams and departments. This requires actively managing and coordinating with stakeholders.
  • Conduct qualitative and quantitative risk management, including risk identification, risk assessment, risk analysis, control assessment.
  • Contribute to other Group mandated risk activities including regulatory capital reporting and cyclical revalidation exercises of the underlying assumptions and methodology.
  • Actuarial qualification desired. University degree in actuarial, financial economics or other comparable technical degree.
  • Fluent English skills (written and spoken), knowledge of German is advantageous
  • In-depth knowledge of different life & health insurance product classes, pricing and product development
  • In-depth knowledge of actuarial techniques, including modelling and assumption setting
  • Excellent understanding of the principles that underpin Solvency II risk based supervision
  • Excellent understanding of principle-based valuations such as market consistent embedded value, IFRS, and economic valuation for Life insurance
  • 8+ years of experience in risk management or actuarial field
  • Effective communication and interpersonal skills
  • Ability to work within a fast-paced, diverse working environment
  • Detail-oriented, collaborative, eager to learn, and proactive