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NON-LIFE ACTUARY

€ 54,000/year
Indeed
Full-time
Onsite
No experience limit
No degree limit
C. de Juan Álvarez Mendizábal, 27, Moncloa - Aravaca, 28008 Madrid, Spain
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Description

Job Summary: Actuarial support for the technical design of Non-Life insurance products, modeling and premium rate development, and portfolio renewal processes. Key Responsibilities: 1. Technical design of Non-Life insurance products and premium rate development. 2. Participation in portfolio renewal and price optimization. 3. Preparation of Profit Testing and competitive benchmarking studies. **Mission** Reporting to the Head of Department, the primary mission of this position is to provide actuarial support for the technical design of Non-Life insurance products through modeling and premium rate development, while also participating in portfolio renewal and price optimization processes, as well as in the preparation of Profit Testing and competitive positioning studies (predictive models for mass and non-mass lines of business), always in compliance with applicable regulations and the organization’s quality standards. **Requirements** More than 5 years of experience in the actuarial department of a General Insurance company performing pricing tasks (GLM models using specialized software). Prior experience in auditing and consulting will also be valued. **Functions and Responsibilities** * Pricing for new business. * Portfolio optimization and maintenance models. * Preparation of technical bases. * Preparation of various actuarial and statistical valuations. * Preparation of product Profit Testing. * Valuation of commercial campaigns. Additionally, the role will also involve: * Calculation, management, and analysis of technical provisions and Solvency II requirements for General Insurance lines. * Preparation of Reserve Budgets. * Preparation of market studies. * Preparation and analysis of statistics. * Analysis of profit-and-loss accounts. Employment Type: Full-time Salary: €54,000.00 per year Benefits: * Company mobile phone * Meal vouchers Work Location: On-site

Source:  indeed View original post
David Muñoz
Indeed · HR

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