Actuary

About This Role

This actuary role within business control at a Dutch non-life insurer involves a broad range of actuarial tasks, focusing on pricing, technical provisions, capital management, and strategic choices. It suits an actuary who looks beyond numbers and models, working with diverse and complex risk portfolios where standard models may not always provide complete answers.

Responsibilities

• Analyze portfolios, claims development, and returns
• Work on pricing, technical provisions, and capital management
• Advise management and the board on analysis outcomes and their implications for pricing, returns, portfolio development, and capital
• Investigate the drivers behind figures and determine appropriate assumptions for risk, return, and capital requirements
• Calculate and substantiate technical provisions
• Contribute to ORSA and Solvency II processes and the calculation of the Solvency Capital Requirement (SCR)
• Further develop and apply actuarial models for claims analyses, combining various actuarial methodologies for claims development, large claims, and claims frequency
• Collaborate with data scientists on models, data quality, controls, and reports
• Act as a sparring partner for the second line, management, and the board, explaining complex actuarial issues and providing clear justifications for advice

Requirements

• University degree in actuarial sciences, econometrics, mathematics, or a comparable field
• Minimum of 5 years of relevant actuarial work experience, preferably within non-life insurance
• Knowledge of Solvency II, SCR calculations, technical provisions, and pricing
• Affinity with programming and data analysis, for example with R or Python
• Ability to analyze complex issues and clearly explain outcomes to colleagues without an actuarial background
• Take responsibility for analyses, substantiate your vision, and engage in substantive discussions
• Collaborate closely with various stakeholders and reconcile different interests
• An AAG title, or willingness to pursue the AAG trajectory, is a plus

Benefits

• An attractive package of additional financial employment conditions
• 27 vacation days and 8% holiday pay
• Ample opportunities for training, certifications, and professional development
• Good travel expense or public transport reimbursement
• Various additional employment conditions focused on flexibility and vitality

Important Details

• Schedule: full-time
• Work format: hybrid

About the Company

This Dutch non-life insurer plays a socially relevant role, managing a diverse and interesting insurance portfolio with risks that often require custom solutions. The organization has a clear structure with short lines of communication to management and the board, offering actuaries significant influence on decision-making and the further development of the actuarial approach.