Overview

Assistant Actuary

The role is one of four actuaries in the European actuarial team that supports the Paris, Munich and Dubai branch offices. The role includes all aspects of typical actuarial work in a non-life reinsurance company, and reports to another actuary in Zurich.

Ref: 49685

  • Location: Munich
  • Category: Non-life Actuarial
  • Type: Permanent

Overview

Key Duties:

  • The largest part of the role is reinsurance treaty pricing with an emphasis on proportional business in a variety of lines such as property, motor, medical expenses, marine, professional indemnity, aviation and engineering
  • Actuarial pricing requires very close liaison with the underwriters and includes meetings with clients and brokers as required
  • The successful candidate is expected to not only price the business, but also to work with the underwriters in creating solutions and developing ideas to further improve the pricing process, including pricing models for the underwriters
  • The position also involves working closely with the Actuarial Function Holder in respect of Solvency II reporting
  • There is also a traditional reserving and reporting component to the role, as well as an annual budget process

Qualifications required:

  • Candidates should have a very good university degree, typically in maths, or a maths-based subject
  • Candidates should be a qualified actuary, with up to 4 years of experience post qualification

Experience required:

  • Work experience should be at least 5 years in the non-life sector, most likely in reinsurance (including broking) or non-life consulting
  • The successful candidate must have excellent computer skills, fluent written and spoken German and English
  • Knowledge of the Solvency II regulatory environment is a significant advantage

Consultant

Patrick McAleer

Associate Director

T: +44 (0)203 867 9866

Email me

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