Life Valuation Actuary

  • 37920
  • Life - Actuarial
  • |
  • France
  • |
  • Aug 7, 2020
  • |
  • French
Reinsurance
RESPONSIBILITIES
  • Production of quarterly reserves on applicable bases.
  • Preparation and sign-off of the Solvency II results including the shocks and Analysis of Change together with the GAAP / statutory accounting.
  • Preparation of supporting documentation to validate work produced to line manager & auditors.
  • Ensure the model documentation and a robust control framework.
  • Drafting of the Annual Assumption Review of base mortality and morbidity, disability termination rates, morbidity deterioration, mortality improvements, lapses and other relevant assumptions on the portfolio.
  • Provide insight into observed experience, propose base changes where relevant and quantify financial impacts.
  • Ensure data quality and participate in integration of new data.
  • Play an active role in the model and tools migration.
  • Be involved in the development of the LDTI approach and IFRS 17 approach.
  • Coordinate with other team members to facilitate the consolidation.
QUALIFICATIONS
  • Qualified Actuary with 5 or more years working experience in Life valuation, reserving or pricing in the reinsurance field, or related actuarial experience on protection products.
  • Prior experience of Solvency II, US GAAP, IFRS17, valuation / reserving and financial reporting would be beneficial.
  • Knowledge of MoSes/Risk Agility/AXIS and of the R/VBA/SQL coding language would be an advantage.
  • Strong IT and data management skills.
  • Reinsurance knowledge is an asset.
  • Organized, proactive and keen to be flexible around busy periods.
  • Able to set & manage priorities & to meet deadlines.
  • Strong communication skills and proficiency in English.
  • Highly motivated team player.