ACTUARIAL TRAINEE PROGRAM

Description

Job Summary: Actuarial Trainee Program to become part of the transformation at a leading global company, developing your potential and contributing ideas to the insurance sector. Key Highlights: 1. Training with the top actuarial professionals in Spain 2. Potential development within a global, market-leading company and member of the IBEX 35 3. Transforming data into strategic decisions **Actuarial Trainee Program – MAPFRE** At MAPFRE, we believe in talent that wants to make a difference. That’s why we’ve designed a trainee program tailored for those aspiring to transform their future and grow within a leading insurance company. You’ll have the opportunity to train alongside some of the **best actuarial professionals in Spain**, learning directly from those currently making key business decisions. This program is not just training: it’s a gateway to an environment where you can develop your potential, contribute fresh ideas, and be part of the transformation at a **global, sector-leading company and member of the IBEX 35**. If you’re looking for a place to learn, grow, and build your career surrounded by industry benchmarks, **MAPFRE is the place for you**. ### ### **Job Mission** Ensure technical information acquisition, preparation, and analysis processes, and perform actuarial, statistical, financial, mathematical, and accounting calculations to produce reports, documentation, predictive models, set premiums, establish technical provisions, and model underwriting risks — all aimed at guaranteeing the technical definition and updating of products and contributing to the entity’s results and solvency levels. ### ### **Your Responsibilities:** * Your mission will be to transform data into strategic decisions: * Calculation and validation of technical provisions to ensure solvency. * Modeling and design of innovative premium structures. * Qualitative and quantitative analysis and measurement of insurance risk. ### **Job Requirements:** * Education: Master’s degree in Actuarial Science (a Bachelor’s degree in Mathematics, Statistics, Economics, or Business Administration is highly valued) * Languages: Bilingual Spanish and English (B2 level) ### **Required Knowledge:** * Advanced Excel. * Actuarial and financial mathematics. * Statistics. Financial accounting. * Insurance legislation. * Knowledge of international valuation frameworks (IFRS). * Programming languages: VBA ### **Additional Valued Knowledge:** * Tools: SAS, ResQWTW Emblem, WTW Radar, Akur8, Earnix, Cactus, Prophet. * Programming languages: R, Python. ### **We Are Diverse — We Are Unique!** All selection processes conducted at MAPFRE adhere to the principles of EQUAL OPPORTUNITY and NON-DISCRIMINATION, with candidate aptitudes and personal and professional merit serving as the sole criteria for final selection. We foster work environments that value diversity and prohibit discrimination based on gender, race, ideology, religion, sexual orientation, age, nationality, disability, or any other personal, physical, or social condition. You may review our Diversity and Equal Opportunity Policy: politica\-de\-diversidad\-e\-igualdad\-de\-oportunidades.pdf (mapfre.com) *By applying to this job posting, you acknowledge and consent to MAPFRE’s processing of the personal data you have voluntarily provided through this platform. If you provide personal data of third parties other than yourself, you guarantee that you have obtained and hold their prior consent for sharing such data and have duly informed them.* *As the data controller, MAPFRE will process your data solely for the purpose of managing your participation in recruitment processes, which may include creating profiles; such processing may result in automated decision-making. To manage your participation across various recruitment processes within the MAPFRE Group, its subsidiaries, affiliates, and MAPFRE Foundation, your data may be shared with these entities and subject to international transfers.* *You may consult additional data protection information at MAPFRE via **https://www.mapfre.com/corporativo\-es/clausulas/RRHHseleccion.pdf**, where we indicate how to exercise your rights of access, rectification, erasure, restriction, objection, and data portability.*