Interim Reserving Actuary

For an international insurance company in Amsterdam recruiting for an Interim Reserving Actuary. You will be responsible for the accurate valuation and timely reporting of technical provisions.

Start: asap

Duration: at least 3 months

Description

Responsibilities Interim Reserving Actuary:

• The Senior Reserving Actuary is responsible for the accurate valuation and timely reporting of technical provisions under LIE GAAP and IFRS 17.
• The Person is Responsible to run quarterly Closing Process.
• In addition, the Senior Reserving Actuary contributes to performance analysis, assumption setting, and the continuous enhancement of reserving methodologies, processes, and controls.
• As part of the Global Reserving team, the Senior Reserving Actuary supports the Appointed Actuary/Actuarial Function Holder in fulfilling their responsibilities towards the Financial Market Authority (FMA), senior management, and the Board of Directors.
• Participate in the calculations of technical provisions (Local GAAP, IFRS-17, and Solvency II).
• Analyse variations in technical provisions and their impact on company results.
• Determine best estimate assumptions for reserving and assess their impact.
• Perform IFRS-17 calculations for group reporting.
• Collaborate closely with Claims departments to ensure accurate reserve reflection.
• Manage reinsurance responsibilities including ceding calculations, quarterly Statement of Accounts, and reporting to reinsurers.
• Work in close cooperation with IT and Finance to adjust and maintain valuation tools and the IT/data landscape. The above tasks and deliverables outline the primary scope of the role; however, additional duties may be assigned in line with business needs and the evolving nature of the function.
• Responsible for accurate and timely calculation and reporting of technical provisions, assumption setting, and reinsurance settlements.
• Accountable for ensuring compliance with regulatory standards and internal guidelines.
• Deliver validated technical provisions, quarterly reserving reports, assumption documentation, reinsurance statements, and IFRS-17 group reporting outputs.

Requirements Interim Reserving Actuary:

• Master's degree in Actuarial Science or equivalent quantitative education. Experience in actuarial reserving, reporting, and/or costing at a Life & Health insurer.
• Proficient in Microsoft Excel and R; SQL knowledge is an asset.
• Experience in actuarial reserving or reporting. Ability to work independently and meet deadlines.

Interested? Apply directly!

Robert Walters Netherlands is acting as an Employment Business in relation to this vacancy.