Reserving Analyst M/F

Crédit Agricole SA; Ireland; Hybrid; EUR 55,000 - 85,000; Full time

Job summary

Crédit Agricole SA in Dublin, Ireland, is seeking an actuarial reserving professional to join our hybrid team. You will calculate reserves timely, help develop methodologies, and produce internal control reports.

You will support IFRS17 implementation, collaborate with stakeholders, and contribute to data quality and budget processes. Requires SAS/SQL, VBA, and strong Excel skills; fluency in French and English is preferred.

Qualifications

• Bachelor’s degree / BSc or equivalent in a related field.
• Part qualified actuary with 2+ years actuarial experience and 3–5 years overall.
• Fluent in French and English.
• Proficiency in SAS/SQL and VBA is advantageous.
• Strong Excel and Microsoft Office skills.
• Experience with Local GAAP and IFRS17 is a plus.

Responsibilities

• Calculate reserves in a timely and accurate manner.
• Participate in the development and testing of new methodologies for calculating the technical reserves.
• Produce control cards in line with risk management requirements of internal control.
• Conduct experience surveys on mortality, morbidity etc.
• Participate in the updating of reserving policies and measure the impact of the updated reserving policies.
• Production and review of the Technical Accounts and Reinsurance accounts on an ongoing basis to ensure they are in line with the current Reserving Policy.
• Produce and check the Profit Shares calculated for our partners in line with our agreements.
• Participate in the implementation of the reserves calculation in the Data Centralizer (Project Titan).
• Participate in the implementation of a Control Framework for the Data Centralizer Technical Accounts.
• Analyse the gaps between Local GAAP and IFRS17.
• Assist the S2 Modelling Team in meeting the input requirements of the Actuarial Function regarding Technical Provisions expertise and Data Quality.

Skills

Excel

Communication

Team player

Organised

Punctual

Education

Bachelor Degree / BSc Degree or equivalent

Part qualified actuary with some experience

Tools

SAS/SQL

VBA

Job description

Reserving

• Calculate reserves in a timely and accurate manner
• Participate in the development and testing of new methodologies for calculating the technical reserves
• Produce control cards in line with risk management requirements of internal control
• Conduct experience surveys on mortality, morbidity etc.
• Participate in the updating of reserving policies and measure the impact of the updated reserving policies
• Production and review of the Technical Accounts and Reinsurance accounts on an ongoing basis to ensure they are in line with the current Reserving Policy
• Produce and check the Profit Shares calculated for our partners in line with our agreements
• Participate in the implementation of the reserves calculation in the Data Centralizer (Project Titan)
• Participate in the implementation of a Control Framework for the Data Centralizer Technical Accounts
• Annalise the gaps between Local GAAP and IFRS17
• Assist the S2 Modelling Team in meeting the input requirements of the Actuarial Function regarding Technical Provisions expertise and Data Quality.

Projects

• Work as part of a team and independently to complete projects in a timely manner
• Liaise with teams outside of the actuarial department and other Group departments

Processes

• Develop, update, implement and improve processes related to the activity of the actuarial department
• Participate in the writing of procedures

Liability Adequacy Reporting

• Produce quarterly controls in line with Risk Management requirements.
• Analyse the variation in the claims experience

Database Management & Reporting

• Work on testing single integrated database management with data quality team experts
• Maintain, update and upgrade on a daily basis the actuarial SAS database
• Assist in defining reporting requirements while setting up new partners / products

  Budget

  • Provide necessary actuarial assumptions for preparation of budget
  • Projection of the Budget/PMT under Local GAAP
  • Exchange with the IFRS17 team to understand the results obtained under both standards

  Supplementary Information

  External relations

  • With IT, Project, Administration & Operations, Finance and Business Development Departments
  • With corporate clients and Third Party Administrators (TPA)

  Geographical area

  Europe, Ireland

  City

  Dublin

  hybrid

  Bachelor Degree / BSc Degree or equivalent

  Part qualified actuary with some experience working in an actuarial role

  Level of minimal experience

  3-5 years

  Experience

  • Part qualified actuary with 2+ years’ experience

  Required skills

  • Experience working with Microsoft packages, particularly Excel, a necessity
  • Good communication skills, team player, organised, punctual

  Technical skills required

  • Experience with SAS/SQL and VBA Programming an advantage
  • Knowledge of common Reserving techniques an advantage. (eg: Bornheutter Ferguson, Chain Ladder, Mack Method)

  Languages

  Fluency in French and English. Other European language an advantage

  General information

  Entity

  Crédit Agricole Creditor Insurance (CACI) is a subsidiary of Crédit Agricole Assurances specialising in borrower insurance and life protection. A market leader in France and the third largest player in Europe, CACI serves more than 5.6 million customers in 6 countries. It offers a full range of financial protection products, including borrower insurance, provident insurance, budget protection, cards and property, as well as automobile financial loss.

  Entity

  Crédit Agricole Creditor Insurance (CACI) is a subsidiary of Crédit Agricole Assurances specialising in borrower insurance and life protection. A market leader in France and the third largest player in Europe, CACI serves more than 5.6 million customers in 6 countries. It offers a full range of financial protection products, including borrower insurance, provident insurance, budget protection, cards and property, as well as automobile financial loss.
  CACI has 200 employees and is based in Dublin (headquarters), Milan (Italy) and Stuttgart (Germany).
  By working every day in the interest of society, we are a Group committed to diversity and inclusion and place people at the heart of all our transformations. All our job offersare open to persons with disabilities.