Insurance Statistical Analyst

Job Description

Job Description

Company Introduction

Our client is a leader in the insurance industry.

Job Responsibilities and Duties

• Monthly closing & quarterly reporting;
• Review closing file calculations;
• Review calculations of bordereaux for reinsurance, co-insurance and campaign products handled manually;
• Perform the Underwriting Conditions Controls on a quarterly basis;
• Update the Risk Management Reporting and Risk Appetite reports on a quarterly basis;
• Lead the Dry-Run and Hard Close & review the Reserve Reports prepared by the Actuary;
• Contribute to the up-keep of the insurance product library;
• Review of MP forms and their product summaries ensuring consistency of data between both;
• Lead the actuarial aspect of internal and external audits;
• Provide documentation required by auditors;
• Attend meetings requested by auditors;
• Ensure to adhere to and close on time any recommendations raised by auditors;
• Review the calculations of the Best Estimate, Life Underwriting Risk, Non Life Underwriting Risk and Health NSLT Cat risk;
• Prepare the Risk Management Committee material, present the results of the Best Estimate of the previous quarter during the committee and contributing to the minutes after the committee takes place;
• Review the calculations for the Own Risk & Solvency Assessment (ORSA) for all the companies;
• Update the ORSA reports with the results of the calculations as well as the narrative where necessary and update reports following Actuary’s recommendations;
• Assist in the actuarial aspect of IFRS17;
• Assist in data preparation for the IFRS17 tool;
• Assist in testing of IFRS17 tool;
• Contribute to meetings & discussions on IFRS17 methodology;
• Assist on any requests received from the regulator / auditors.

Experience

• Hold a University Degree in Mathematics, Insurance or Statistics;
• Experience in an insurance environment is a plus;
• Fluency in English and any relevant European language;
• Knowledge in Microsoft Office tools especially Excel. 

Personal Skills

• Be reliable and diligent in the processes and tasks assigned;
• Have the ability to work independently and as part of a team.