Job Description

Description

The Valuation team is part of the Corporate Actuarial department. In the role, the candidate will partake in the main responsibilities of the team, including:

Quarterly Reserve Valuations

  • The responsibility is to establish actuarial provisions for all lines of business using appropriate assumptions and methods. The selection of techniques to determine unpaid claims requires a very good understanding of the business, including historical changes in terms of product offering and legislative reforms. Tools and techniques must be periodically reviewed, improved, and optimized to stay relevant for the specific circumstances of the different lines of business. Actuarial provisions must be calculated in accordance with current actuarial literature, legislation, and accounting standards.

    • Reporting

  • The responsibility relates to building meaningful reports to monitor the adequacy of actuarial provisions over time. Actual losses versu...

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