Assistant Actuary - USG Financial Forces

You will have to develop, document, test and control the MoSes actuarial software

To help the Actuarial Team achieve the following tasks:

- Help Management to understand the profitability of products and of the Group.

- To support the annual production of a business plan for the Group.

- Calculate technical provisions

- Provide technical reports to supervisory authorities.

- Evaluate the embedded value of the Group

- Identify, quantify and manage financial risks

- Manage reinsurance relationships

- Help other departments in various technical tasks.

Your tasks & responsibilities

- MoSes development

To develop, document, test and control the MoSes actuarial software

- Profitability

To assist with the analysis and reporting of product profitability for new and existing products

- Business Plan

To support the annual production of a business plan for the Group

- Technical Provisions

To calculate technical provisions at the end of each calendar quarter, or as required.

- Supervisory Authorities

To assist with the supply of information to supervisory authorities, including annual actuarial reports and technical notes for new products.

- Embedded Value

To assist with calculation of a quarterly Embedded Value for the Group and Value of New Business

- Risk Management

To help identify, quantify and manage financial risks, include those arising from Asset Liability Management and from product developments.

- Reinsurance

To help manage the reinsurance arrangements throughout the Group.

- Technical Support

To help assist other departments by providing technical support as required.

Your profile


Education:

- graduate level in actuarial sciences (min Bac+5 is a must; not to be compensated by professional experience).

Professional experience:

- expected relevant professional experience: minimum 3 years’ actuarial experience, ideally in the life insurance sector

Languages:

- fluency in English;

- knowledge of additional European languages, especially French would be an asset.

Systems knowledge:

- excellent knowledge of MoSes actuarial sofware;

- sound experience of programming Visual C++ in a MoSes environment;

- excellent general knowledge of Microsoft Office; knowledge of Visual Basic Excel would be an asset.

Personal competencies:

- very rigorous and precise analytical skills;

- creative and innovative with a critical eye (especially towards established situations); capable of putting also himself into question; good communication skills resting on a clear ability to listen to people.

Location : Luxembourg

Contract : Permanent Contract

Interested? Send us your resume to the following email address:
job@financialforces.lu with the reference Assistant Actuary/NS/91