Senior Reserving Actuary

hace 1 semana


Madrid, Madrid, España Van Kaizen A tiempo completo
Senior Reserving Actuary Job Summary

The Senior Reserving Actuary will play a key role in overseeing the reserving function for various lines of business, ensuring financial stability and accuracy in reserve calculations.

This high-impact position involves leading reserve studies, collaborating with cross-functional teams, and contributing to financial strategy through data-driven insights.

Key Responsibilities:

  • Reserving Studies: Apply actuarial reserving methods to determine accurate reserves for financial accounts, estimating ultimate claims and their payout patterns.
  • Costing and Reporting: Challenge costing accuracy, contribute to reporting, and deepen understanding of liability reinsurance to inform reserve decisions.
  • Reserve Integrity: Ensure comprehensive and accurate reserve calculations, communicating findings to stakeholders and building trust.
  • Cross-Functional Collaboration: Regularly interact with Underwriting, Claims, Technical Accounting, and Finance teams to build long-term relationships and support shared understanding of reserve methodologies.
  • IFRS Transition: Play a key role in transitioning to IFRS accounting standards and integrating actuarial insights into reporting structures.
  • Project Management: Lead or contribute to actuarial-related projects and systems development to enhance reserving accuracy and team efficiency.
  • Mentorship and Training: Provide guidance to junior team members, helping them develop their actuarial expertise and contributing to a culture of growth and knowledge-sharing.

Requirements:

  • Educational Background: Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field.
  • Experience: 5+ years of actuarial experience, with a strong focus on reserving in the insurance industry.
  • Technical Skills: Proficiency in actuarial reserving methodologies, stochastic modeling, and predictive analytics, along with expertise in actuarial software and strong Excel skills.
  • Regulatory Knowledge: Familiarity with regulatory frameworks such as IFRS 17 and Solvency II.
  • Soft Skills: Excellent analytical, problem-solving, and communication skills, with a demonstrated ability to explain complex data and influence decision-making.

About Van Kaizen:

Van Kaizen is a dynamic and innovative insurance company, specializing in tailored solutions for brands, companies, and broker networks in both Life and Non-Life Insurance.

We foster a culture of responsibility and provide a supportive environment for professional growth, leveraging our small size locally to offer significant opportunities.

Terms of Employment:

  • Indefinite contract.
  • Offices based in Sliema, Malta.
  • Salary commensurate with experience, profile, and qualifications.
  • Health insurance provided.
  • Remote working policy in place.


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