Life Actuary
Location: Belgium
Job Type: Fulltime
About Our Client:
Join a leading insurance and financial services provider thats redefining the future of insurance. As they continue to expand their operations in Belgium our client is looking for a highly skilled and experienced Life Actuary to join their dynamic and international team. In this key role youll contribute to the development pricing and financial soundness of life insurance products ensuring they meet the highest standards of innovation competitiveness and sustainability.
Key Responsibilities:
Innovative Product Development:
Collaborate with crossfunctional teams to create cuttingedge life insurance products that stand out in the market. Leverage your actuarial expertise to assess risks and ensure the profitability and competitiveness of new products.
Financial Modeling Excellence:
Develop and manage sophisticated actuarial models to forecast future liabilities cash flows and financial outcomes. Conduct scenario analyses to evaluate how economic shifts and demographic trends affect the life insurance portfolio.
Accurate Reserving & Valuation:
Lead regular reserve reviews and valuations to ensure financial accuracy meeting all regulatory standards. Provide detailed insights into the financial impact of various reserving strategies.
Comprehensive Risk Management:
Assess and manage key risks including mortality longevity and lapse risks. Contribute to the development of effective risk mitigation strategies that safeguard the financial health of life insurance products.
Regulatory Compliance:
Stay ahead of Belgiums regulatory landscape ensuring all actuarial practices align with industry standards. Prepare and submit required reports to meet regulatory compliance.
Collaboration & Communication:
Translate complex actuarial findings into understandable insights for nonactuarial stakeholders. Work seamlessly with underwriting finance and other departments to achieve shared goals.
Requirements
What Were Looking For:
- Qualifications: Bachelors or Masters degree in Actuarial Science Mathematics Statistics or a related field.
- Professional Expertise: Qualified or nearly qualified actuary (e.g. FSA FIA etc..
- Experience: 4 years of experience in life insurance actuarial work including product development financial modeling and reserving.
- Technical Skills: Proficiency in actuarial software and programming languages (e.g. Prophet R Python).
- Analytical Abilities: Strong analytical and problemsolving skills with a keen attention to detail.
- Communication: Ability to effectively communicate complex actuarial concepts to nonactuarial audiences.
- Language Skills: Fluency in French and English is required; Dutch is a plus.
- Personal Qualities: A resultsdriven independent and pragmatic approach with a keen sense of analysis and initiative. Experience with the Sunrise actuarial tool is a bonus.
Benefits
Why Apply
- Prestige & Career Growth: Become part of a prestigious insurer with a clear focus on personal and professional development.
- WorkLife Balance: Enjoy a healthy worklife balance in a supportive and flexible environment.
- Impactful Work: Play a pivotal role in shaping the future of life insurance products making a tangible impact on both clients and the industry.
If youre ready to elevate your career with a leading firm and contribute to the transformation of the life insurance sector we want to hear from you! Apply today to join our innovative team as a Life Actuary