Product Actuary


Our client is looking to hire a Product Actuary to join them in their Brussels based office on a Permanent basis.

Ref: 49173

  • Location: Brussels
  • Category: Life Actuarial
  • Type: Permanent


Key Duties:

  • Managing Book of Business
  • Analysis of Portfolio’s KPIs
  • Participating in PPC (Product & Pricing Committee)
  • Direct capture of rate and exposure changes
  • Production of pricing loss ratios by class
  • Developing, supporting and maintaining key risk assumptions by class
  • Lead the quarterly product monitoring analysis for the lines and lead the discussion with the Division and Business unit leads to identify issues, opportunities and assist in the development of actions plans
  • Support financial planning by analysing data and forecasting company exposures to facilitate a profitable, long-term business strategy
  • Assist with the implementation of more comprehensive data capture
  • Synthesize information across subject areas and present conclusions to business management
  • Product changes, run special cases, and document processes and systems
  • Develop and test systems and procedures for internal use
  • Document processes and procedures
  • Collect, analyse, and validate statistical data and effectively communicate on data issues with internal and external customers


Other Skills:

  • The successful candidate will be a self-motivated team player, eager to play an important role in enhancing company’s Actuarial Controlling and Technical Results
  • Familiarity with actuarial topics in life insurance will also be an integral part, as data to be processed will enter and enhance current reporting systems and calculation modules within the company’s data warehouse system
  • Ability to work on tasks independently and contribute in a team environment
  • Ability to manage multiple deadlines
  • Careful attention to detail and advanced problem solving skills
  • The role poses interesting fields of work for applicants with strong analytical skills who are adept in interpreting strategic vision into an operational and tactical model, reviewing output before it is passed to stakeholders to ensure all data and information produced is accurate and meets requirements
  • Excellent programming skills in actuarial/statistical programming languages
  • Strong written and verbal communication skills, including the ability to explain technical topics to a non-technical audience
  • Strong ethics and a high level of personal and professional integrity
  • Good command in English and Dutch required

Qualifications required:

  • Graduate of Bachelor’s Degree in Mathematics, Applied Mathematics, Actuarial Science, Computer Science or any other quantitative field such as finance or business

Experience required:

  • Strong knowledge of the Life Assurance Industry
  • Prior experience in Product Pricing and setting pricing bases
  • Minimum 5 years working experience in a comparable environment
  • Actuarial background with a good understanding of
    • Reporting processes and interfaces to controlling and accounting departments
    • Assist in improving data infrastructure from existing data sources


Dominique Nicholas

Senior Consultant – Europe

T: +44 (0)203 867 9852

Email me


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