Actuary / Female Actuary - Person Supervising the Actuarial Function

Workplace: Warsaw

Your responsibilities

• Job purpose
• We are looking for an expert who will take on the key, statutory role of the Actuary Supervising the Actuarial Function (in accordance with the requirements of Solvency II and Article 66 of the Insurance Activity Act). Your task will be to independently verify, provide opinions to the Management Board, and closely cooperate with the actuarial function at the Capital Group level. The position covers both the life insurance portfolio (Life) and non-life insurance (Non-Life).
• Your responsibilities:
• Independent verification and control (2nd line of defense): Assessment of the correctness of methodologies, models, and assumptions adopted by the Actuarial Department for the calculation of technical insurance reserves;
• Opinion on business policy: Issuing annual, independent opinions to the Management Board on the general policy of risk acceptance (underwriting), product pricing (Life & Non-Life), and the adequacy of reinsurance programs;
• Group cooperation: Active participation in the work of the Group's international actuarial function;
• Contribution to the ORSA process: Cooperation with the Risk Management Department in conducting the Own Risk and Solvency Assessment;
• Regulatory reporting: Preparation and presentation of the annual Actuarial Function Report to the Management Board, Supervisory Board, and the Financial Supervision Authority (UKNF).

Our requirements

• Entry in the register of actuaries kept by KNF (an absolute condition);
• Minimum 10 years of documented experience in actuarial work (in life and non-life insurance);
• Practical experience in Life and Non-Life areas (knowledge of the specifics of reserving and pricing for both pillars);
• Expert knowledge of Solvency II regulations, capital requirements (SCR/MCR);
• High communication skills and assertiveness – ability to act as an independent advisor;
• Fluent command of English, both spoken and written (work in an international environment).

Nice to have

• Experience working with the Prophet program;
• Knowledge of IFRS 17.

What we offer

• Great independence and space for proposing your own solutions;
• Cooperation with an experienced team;
• Stable employment based on an employment contract;
• Hybrid work model;
• Choice of 3 benefits:
• Medical care (LuxMed)
• Multisport card
• English or French language lessons
• Lunch card

Benefits

• subsidies for sports activities
• private medical care
• subsidies for language learning
• subsidies for training and courses
• lunch card

You can find all information about the processing of personal data in this recruitment in the application form, after clicking the "Apply Now" button.