Our client is looking for a Quantitative Modeler who will develop the optimization, the updating, the implementation, the documentation and the delivery of the model to the users, for the assessment of the technical risks of the company.
The main tasks of the Quantitative Modeler include:
Conduct the functional analysis of the different requests for the development of the model for the risks assessments of the company
Develop, optimize and update the models for the risks assessments of the company
Set up a testing system and a production launch of the models
Set up a monitoring system
Comply with the Model Policy
Document the models, the choices of the models for the risks assessments of the company
Gather and analyze information on the evolutions and changes of the sector, on the potential consequences and implement the potential necessary modifications on the operational level in order to contribute to the continuous update and optimization of the company
Follow the norms and values the organization defends in order to contribute to the company’s growth
To hold a Master’s degree or PhD in Actuarial Science, mathematics, business engineering or similar
To have excellent IT skills, particularly in programming and have a previous knowledge of Barrie & Hibbert, Microsoft Office, Visual Basic, Dephi
To have a good knowledge of the Solvency II directives
To have a good practical experience in elaborating models and model tests
To have a previous experience in quantitative finance with a comprehensive and concrete understanding of the financial markets and of life insurance
At least 3 to 5 years of experience in a similar field
A good balance between pragmatism and theoretical knowledge in order to judge the models and the models’ results
To be able to analyze and to absorb complex problems and issues
To be flexible, organized and thorough
To have a team spirit, an analytical mind and the ability to synthesize information
To have the sense of timing and planning and to respect the deadlines
Our client is looking for a Senior Validation Manager who will plan, carry out and report on robust independent validation for both Life and Non-Life insurance companies as well as for the Group. Utilizing independent judgment and discretion, this position initiates, organizes, executes and reports validation activities to Chief Risk Officer and ultimately to the Board of Directors.
Your main tasks are the following:
Develop and maintain the framework within which Internal Model Validation (IMV) is carried out, including the Validation Policy
Maintain and update long-term and short-term plans for IMV activity
Support the team in selecting the approach and tools for the validation
Review technical documentation and provide challenge and suggestions for change
Execute the validation, challenge appropriately, document and escalate the findings to adequate Senior Management level
Liaise effectively with the model build teams and other internal parties (Internal Audit/ Actuarial Function) and external parties (external auditors, National Regulator) for a smooth execution
Prepare reports and communicate outcomes to internal Senior Management
Maintain a system to track agreed actions recorded in validation reports
Qualified actuary with a strong quantitative academic background (Master or PhD in Mathematics, Statistics, and Econometrics)
At least 5 years of experience, including a strong exposure to Solvency II (development, execution and/or validation of internal model)
An excellent level of communication and assertiveness
Fluency in English and French or Dutch
Good knowledge of actuarial software and Office suite would be an asset
Our client, a leader in the sector of employee benefits, is looking for a Network Management Advisor to strengthen its team. As a member of the Network Management team, you focus on building and executing win-win solutions with existing and new Network partners. Your main tasks will be:
Network relationship management :
Cultivate, manage and grow relationships with our client’s network, in the respect of reinsurance-, technical- and operational strategies.
Engage in education and training initiatives for Network partners.
Understand drivers of the business network, detect possible gaps, and take actions to fix it.
Help to structure process workflows both internally and externally, follow-up processes and maintain excellent relationships with all actors.
Visit them on a regular basis, and work closely with all departments.
Support the head of network management in setting the strategic direction to advise the executive committee.
Monitoring of network partners :
Analyse and verify new strategic partners’ procedures to guarantee they follow our client’s business model.
Make sure our client’s partners deliver an end-to-end service on time to its network.
Follow-up new market trends and regulations to avoid blocking situations regarding our client’s network services.
Collaborate with the HQ of our client on legal, compliance and fiscal aspects to design and maintain fully compliant solutions.
Create KPIs to ensure the appropriate level of service.
Contractual documentation :
Ensure that all contractual documentation is completed in due time
Take proactive actions to guarantee the procedures’ compliance
Make sure all partners are fulfilling their duties and suggest standard or specific terms and conditions, making sure all partners understand and follow our client’s requirements.
Other activities :
Work on several projects across various industries and departments
Lead projects internally and externally in order to make our client’s network grow
Work on any other project required by your manager
Minimum 5 years’ experience in a similar position
Knowledge in Insurance, Legal, Audit, Planning and Control is a key asset
Be a trusted advisor with good negotiation skills, capable to manage complex relationships
Excellent interpersonal and communication skills, both written and verbal
Result oriented with focus on quantity and quality
Think out of the box with an analytical touch, curious and creative
Excellent organisational skills, able to work on multiple overlapping tasks
Self-motivated, able to take initiative and team-player
Fluency in English. Fluency in any other language is an asset
Open to travel occasionally
Very good skills in analytical programs (Excel is the minimum)