A pozícióról

Our client is an international insurance company.   

  We are looking for a

SENIOR PRODUCT ACTUARY

                 for their Budapest office who will be responsible for the local actuarial processes as well as regional tasks. The Senior Product Actuary ensures sustainable portfolio growth and profitability through high quality management of product development and pricing. 

Feladatok

·        Participates in the product development process with focus on technical aspects.

·         Performs product pricing

·         Performs profit-testing and various sensitivity analyses

·         Follows up SII calculations

·         Ensures integrity of actuarial models

·         Reviews product profitability .

·         Participates in the product development strategy

·         Participates in planning of the premium budget and profit margin

·         Participates in development of retention strategy

·         Participation in preparation of all BRs, BCs and product pricing

·         Participate in Illustrations preparation and implementation of products in local systems

·         Monitors and analyzes sales in respective distribution channels based on data available

·         Monitors insurance assumptions experience.

·         Participates in assumptions setting process

·         New business profitability analysis

·         Participates in preparation of reports to stakeholders

·         Prepares KID documents for products regulated under PRIIPS.

·         Provides actuarial expertise for other departments 

Elvárások

• University degree in mathematics, informatics or economics
• Qualified Actuary
• At least 5 years of successful work record in insurance
• Fluent in English
• Advanced MS Office & VBA
• Understanding of office automation / MIS technology and its implications
• Result oriented
• Resilient, works well under pressure and with various sources of information
• Excellent analytical skills and ability to identify weak areas through reporting
• Team player with ability to work also independently