Conduct a 2nd opinion on reserves for Life and P&C Lobs to ensure the appropriateness of reserves.
Conduct pricing peer reviews and sensitivity analysis exercises on large deals and new products.
Perform stress tests on different risk factors to set risk appetite limits and regularly monitor exposure against these limits.
Update, maintain, and develop stochastic models for CAT and Large losses for the purpose of reinsurance modelling, pricing, and optimization. Provide quantitative and qualitative output to support the Risk management 2nd opinion on reinsurance.
Contribute to financial risk management activities such as Assets Liability Matching, Credit Risk Assessment, and liquidity monitoring.
Support on a need basis the internal control and operational risk activities.
Operational & Technical Responsibilities:
Challenge on technical, actuarial, financial, operational, and reinsurance topics and express valid arguments to support findings, opinions, and recommendations.
Proactively suggest pragmatic solutions to enhance operations and business.
Essential Requirements:
Actuarial background.
Graduate in any discipline, preferably mathematics, statistics, or engineering.
2-5 years as an actuary, Risk Manager, or holding a technical function in an insurance or reinsurance company or in a consulting environment.
Sound knowledge of actuarial concepts and analysis.
Strong skills in actuarial modelling and coding in R and VBA.
Relationship Management skills to deal with the different stakeholders locally (Actuarial, Finance, Reinsurance, and Underwriting teams) and across the Group.
Ability to identify the salient points in complex topics and formulate clear and concise communication to business executives.
Ability to understand and utilize established solutions and various new tools and systems.
Detail-oriented and able to maintain a global perspective.
Highly motivated and able to work on various projects in a highly demanding environment with various stakeholders.