Senior Actuary - Insurance jobs in Malta - February 2024
By using this site, you consent to the use of cookies to improve your user experience through analytics and personalised marketing efforts.

Senior Actuary

Konnekt

Published on 18 Jan 2024

Expires in 3 days (02 Mar 2024)


Our client, operating within the insurance sector, is seeking to recruit a Senior Actuary to join their team of growing professionals. 

Responsibilities:

  • Conducting actuarial analyses and risk assessments to support business decisions.
  • Developing and maintaining actuarial models for pricing, reserving, and financial reporting.
  • Collaborating with underwriting, claims, and other teams to provide actuarial insights and recommendations.
  • Reviewing and validating data inputs for actuarial calculations.
  • Ensuring compliance with regulatory requirements and staying abreast of industry changes affecting actuarial practices.
  • Participating in the development of new insurance products and the enhancement of existing ones.
  • Assessing the impact of changes in economic conditions on the organization's actuarial assumptions and models.
  • Contributing to the preparation of actuarial reports for management and regulatory authorities.
  • Playing a key role in actuarial audits and communicating findings to relevant stakeholders.
  • Providing guidance and mentoring to junior actuarial team members.
  • Conducting training sessions on actuarial concepts and practices within the organization.
  • Continuously seeking opportunities to improve actuarial processes and methodologies.
Skill-sets and Requirements
  • Proficiency in core non-life product categories, with a solid understanding of motor, health, and home business.
  • Experience in non-life valuation techniques and the calculation of IBNR/IBNER across different lines of business.
  • Expertise in calculating technical provisions aligned with Solvency II requirements.
  • Familiarity with IFRS 17 reporting standards, covering onerosity assessment, discount rate selection, liability calculation for incurred claims, and risk adjustment.
  • Ability to supervise and guide junior team members.
  • Confident communication with stakeholders, including Finance, IT, Data Governance, Operations, and Technical Areas, as well as Internal and External Audit.
  • Capability to present findings effectively to relevant committees.
  • Keen attention to detail and effective prioritization skills to meet crucial reporting and regulatory deadlines.
Education & Experience
  • Membership in a professional actuarial body, preferably the Institute and Faculty of Actuaries.
  • Proficiency in Actuarial software, including ResQ, along with experience in data investigation using BI tools and data manipulation/processing using R/Python.
Benefits
  • Hybrid working
  • Gym Membership
  • Health Insurance
  • Flexible working hours

salary
€45,000 to €70,000 / year
Salary
time
Full Time
Job Type
experience
Experienced (3 years +)
Experience Level
category
Insurance
Category
industry
Financial Services
Industry



Insurance Technical Officer (German Speaking)

Send me Similar Jobs