Senior Business Actuary – Life InsuranceLocation: BrusselsTime Type: Full timePosted on: Posted 9 Days AgoJob Requisition ID: R-00946Within the ‘Insurance’ division, whose mission is to ensure the profitability, development and sale of our products and services and to manage our life insurance portfolio, the ‘Business Change & Monitoring’ Department directs and steers the Life Insurance business on the basis of quantified analyses, technically supports the business by carrying out the necessary technical and actuarial studies, and analyses business projects with an IT impact.A dozen colleagues make up the team and they are waiting to welcome you!Your responsibilitiesAs Senior Business Actuary you are responsible for managing the profitability of the life insurance portfolio and optimising results at the business level. Your responsibilities therefore include:- Managing our product profitability while optimising existing models, that is:- Analysing and steering profitability growth across our portfolio.- Developing absent profitability models in cooperation with the finance teams and the Group.- Proposing business actions that improve profitability, reinsurance impact and results plus related follow up.- Managing reinsurance of the protection or financial type:- Defining forecasts and budgets linked to reinsurance products.- Monitoring and analysing the performance of the portfolio linked to these reinsurance structures.- Managing reinsurance renewals.- Contributing to and challenging various results optimisation structures, especially in connection with reinsurance.- Business management of the financial closures cycle:- Managing business closures within the team.- Producing reports on closures linked to reinsurance.- Helping stabilise information needed for closure, such as:- Managing and checking reserves to be set aside and the various calculations to meet commitments.- Providing technical support for managers through actuarial calculations, etc.- Acting as business technical referent:- Understanding and interpreting the company’s results at Belgian GAAP, IFRS and Solvency II level, that is:- Controlling the impact of business dimensions (Belgian GAAP in particular).- Serving as link with the teams that produce the Belgian GAAP, IFRS and Solvency II results.- Proposing business actions to improve these results.- Putting into place and maintaining the necessary models for the team’s activities as a whole (budgets, projections, reinsurance, provisions, etc.) and identifying and implementing the necessary optimisations.- Providing support in defining budgets and goals and for technical analyses relating to portfolio development.Your profile- You have a master’s degree, preferably in mathematics, actuarial sciences or economics.- You have initial experience in a similar position, ideally in the life insurance, reinsurance or bank investment products sectors.- You are a French- or Dutch-speaker with a good command of the other national language and can work in English.- You have an analytical mind and the necessary abstraction ability to understand results/figures and formulate recommendations.- You are able to present your analyses simply, effectively and clearly to all interested parties, including Senior Management.- You have Excel (VBA) at your fingertips and are comfortable working with Powerpoint.- You have a command of at least one database query language (SAS, SQL); knowledge of Power BI or PowerQuery is an advantage.- You can work under pressure and respect tight deadlines.- You are autonomous and can take the initiative.- You have a team spirit.What can you expect from us?- A permanent employment contract.- A dynamic company on a human scale within which you will quickly be able to make your mark.- Accessible management close to staff and a warm working environment.- Many opportunities to develop, thanks in particular to our Athora Academy.- A harmonious balance between professional life and private life with generous vacations (min. 39 days a year), flexible working hours and 3 days’ teleworking a week.- An attractive salary package plus fringe benefits (luncheon vouchers, group insurance, hospitalisation insurance, etc.).- Brand new offices that encourage cooperation.- A central location, accessible by train and public transport, in one of Brussels’ most lively districts.If you are looking for an organisation with a human face, you have come to the right address!Apply By: 30-06-2024#J-18808-Ljbffr