Manager Actuary Life - Financial Services

EY; Antwerpen; On-site; EUR 90,000 - 130,000; Full time

Job summary

EY is seeking experienced actuaries in Belgium to help life insurance clients with product development, pricing and valuation. You will work on IFRS17 improvements and reporting to investors, while building internal models to compute the SCR and supporting due diligences.

The role requires senior-level expertise, strong communication in Dutch and/or French and business English, and a global mindset to work with international teams.

Qualifications

• Master’s degree in actuarial sciences required.
• 6–10 years of life actuarial experience in insurer or consultancy.
• Knowledge in at least two areas: life product development/pricing, reserving, risk management, Solvency II or IFRS17.
• Internal model experience is a plus.

Responsibilities

• Design life insurance products and pricing strategies.
• Value life insurance liabilities using actuarial tools like Prophet or Python.
• Support IFRS17 processes and reporting for stakeholders.
• Develop internal models to compute the SCR.
• Assist Transactions team on actuarial aspects during due diligences.

Skills

Business English

Education

Master’s degree in actuarial sciences

Tools

Prophet

Python

Job description

At EY, we’re all in to shape your future with confidence.

We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go.

Join EY and help to build a better working world.

The Opportunity

Our market-leading Actuarial Team is looking for experienced Actuaries (Senior Consultant (2+ years of experience) or Manager (5+ years of experience level) with life insurance experience to address the growing demand of insurance companies.

Key Responsibilities

• Designing future-proof life insurance products, including the development of pricing strategies and methodologies
• Performing valuation of life insurance liabilities, using a wide range of actuarial software (e.g. Prophet, Python, etc.)
• Assisting insurance companies in further optimizing their IFRS17 processes and enhancing their reporting to provide valuable insights to investors and stakeholders
• Developing and optimising internal models to compute the SCR
• Providing support to our Transactions team on actuarial aspects during due-diligences on life portfolio’s

Skills And Attributes For Success

• A master’s degree in actuarial sciences
• 6 -10 years of experience, working in a life actuarial-oriented position within an insurance company or a consultancy firm
• A solid knowledge in at least 2 of the following topics: life product development and pricing, life reserving techniques, risk management, Solvency II or IFRS17.
• Internal model experience is a plus
• A strong team spirit, balanced by a healthy sense of autonomy
• Excellent communication skills, with fluency in Dutch and/or French and proficient level of business English
• A global mindset and the drive to work in international teams

What Working At EY Offers

• You will be part of a leading global professional services firm.
• You will be part of the EY family where everyone is willing to offer support and senior management is very accessible.
• You will join a dynamic and growing team with a great mix of young and experienced professionals focusing on financial services.
• You will get extensive trainings on technical matters, as well as soft skills and project management, and you will have access to new technologies and innovative equipment.
• We are proud of our flexible working arrangements, and we will support you to build a successful career and deliver excellent client service, without sacrificing your personal priorities.
• While our client-facing profession might require part-time working at client site and business traveling at times, we are committed to helping you achieve a lifestyle balance.

EY | Building a better working world

EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.

Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.

EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.