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Halian is looking for his client, an international insurance company based in Luxembourg, a Actuary for a permanent contract

Responsabilities:

• Sitting as a permanent member of the Risk and Compliance Committee and the Underwriting and Reserving Committee;
• Determining reserves using appropriate methodologies, assumptions, and procedures;
• Determining Solvency II technical provisions in line with Solvency II requirements;
• Continuous evaluation of the appropriateness of the reinsurance program;
• Parametrization of underwriting and reserving risk for the Company’s capital modelling;
• Providing actuarial inputs into Solvency II Pillar 3 reporting;
• Providing budget loss ratios into the Company’s business plans;
• Familiar with pricing model/provide professional assistance to underwriting dept in insurance product design;
• Supporting other functions (e.g. Risk function) with liability information and other relevant data and insights;
• Assessing the sufficiency and quality of the data used in the calculation of provisions techniques;
• Comparing best estimates to empirical observations;
• Informing the administrative, management or control body of the reliability and character adequate calculation of technical provisions.

Education & Experience

• Master’s degree in Actuarial Studies or Insurance;
• Actuarial-related professional certification is a must;
• 8+ years of experience in insurance actuarial roles, especially in the property insurance field;
• Strong analytical and mathematical skills with meticulous attention to detail;
• Familiar with the actuarial processes for property insurance products;
• Superior proficiency in actuarial systems and rich practices for various insurance types;
• Familiar with Luembourg’s regulatory and reporting schemes on non-life insurance;
• Familiar with EU Solvency II regulations and reporting schemes;