- Conduct a 2nd opinion on reserves for Life and P&C Lobs to ensure the appropriateness of reserves
- Conduct pricing peer reviews and sensitivity analysis exercises on large deals and new products
- Perform stress tests on different risk factors to set risk appetite limits and regularly monitor exposure against these limits
- Update, maintain and develop stochastic models for CAT and Large losses for the purpose of reinsurance modelling, pricing, and optimization. Provide quantitative and qualitative output to support the Risk management 2nd opinion on reinsurance
- Contribute to financial risk management activities such as Assets Liability Matching, Credit Risk Assessment, and liquidity monitoring
- Support on a need basis the internal control and operational risk activities
Operational & technical responsibilities:
- Challenge on technical, actuarial, financial, operational and reinsurance topics and express valid arguments to support findings, opinions and recommendations
- Proactively suggest pragmatic solutions to enhance operations and business
Essential Requirements:
- Actuarial background
- Graduate in any discipline preferably mathematics, statistics, or engineering
- 2-5 years as actuary, Risk Manager, or holding a technical function in an insurance or reinsurance company or in a consulting environment
- Sound knowledge of actuarial concepts and analysis
- Strong skills on actuarial modelling and coding on R and VBA
- Relationship Management skills to deal with the different stakeholders locally (Actuarial, Finance, Reinsurance, and Underwriting teams) and across the Group
- Ability to identify the salient points in complex topics and formulate clear and straight to the points communication to business executives
- Ability to understand and utilize established solutions and various new tools and systems
- Detail oriented and at the same time have the global picture in mind
- Highly motivated and able to work on various projects, in a highly demanding environment with various stakeholders