Actuarial Jobs, Actuarial Positions, and Actuarial Employment
Actuarial Jobs, Actuarial Positions, and Actuarial Employment
Job Details
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Job ID: 33317
Job Openings by Title Head Actuarial
Location Luxembourg
Description:
Position:  Head Actuarial 

Company: Insurance

Location: Luxembourg 

Job ID: 33317

Responsibilities:
-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

Qualifications:
-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.
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