Actuarial Model Valuation Officer
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Job Description
Our client, an international insurance company, is looking for a Life Modelling Actuary to support the department.
He/she will be in charge of the following tasks :
- Performing the Closing Process and Forecast and Planning process in line with Group Reporting cycle related to the IFRS 17 reporting framework together with other team members;
- Execute the valuation of the company’s Gross and Ceded technical provision in accordance with the valuation requirements related to the IFRS principles;
- Analyze the movement of the different accounts over different cycles and processes to understand the drivers of the companies result;
- Contribute to the development of the Prophet model and Prophet model inputs like model point file creation;
- Assuring these activities are conducted in a qualitative way, through continuous improvement of processes and methodology;
- Conducting these activities conform legislation (on reserving, solvency and governance), in tune with the company’s risk policy and other local & group guidelines.
PROFILE
- Degree in actuarial sciences, mathematics, physics or economics and have suitable relevant prior experience
- Minimum 2 years working experience in a comparable environment
- Actuarial qualification (either through education or profession) or working towards completion
- Fluent in English both verbally and in writing, Dutch and/or French is a plus
- Previous experience with Prophet and being keen to continue developing yourself in Prophet
- Knowledge of VBA/Excel is required
- Knowledge of IFRS valuation principles
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