Actuarial Specialist
Important multinational company is looking for an actuarial specialist to join its team.
Primary Job Accountabilities / Responsibilities
- Coordinate department activities in technical and administrative aspects, setting priorities and ensuring compliance with standards and procedures.
- Manage actuarial technical reserves, analyzing amounts, suggesting adjustments, and optimizing calculation methodologies.
- Oversee ROI calculations, validating parameters to improve product performance and customer profitability.
- Control Minimum Capital Requirement calculations, monitor variations, and ensure compliance with regulations.
- Conduct liability consistency tests using methodologies to enhance reserve estimations.
- Participate in product development and modifications, defining rates and aligning with company strategy and market practices.
- Analyze and negotiate reinsurance contracts, performing studies and simulations to maximize results and financial security.
- Ensure data reconciliation between systems, coordinating adjustments for accurate company information.
- Update pricing assumptions monthly, reviewing adjustments based on business, products, and database experience.
- Prepare reports and presentations on portfolio performance, informing results and trends to support decision-making.
Basic Qualifications Required - Experience, Skills, and Knowledge
- Bachelor degree : Actuarial Science / Math / Statistic
- Desirable : MBA or Post-Graduation
- Advanced English
- Good Knowledge in Technical knowledge of insurance, insurance legislation / regulation, international methodologies of actuarial calculations, statistics, project management, people management, SAS, SQL and (MS Office Pack advanced)