This multinational insurance firm is looking to increase its Solvency II compliance across its Life business risk and Life liability lines.
To achieve that goal they have identified the need to recruit a Life Risk Actuary to be based from their Zurich office. Whilst this insurance job is based in Zurich, you can expect a degree of pan European travel.
The key duties of the Life Risk Actuary
is to use your actuarial abilities to support the Risk management teams around Life risk and provide independent validation of the product lines in advance of full Solvency II compliance. You will asked to explore crucial facets of each Life Risk model and evaluate the performance actual choice of model employed. You will ensure that each Risk model behaves and performs at its Optimum level. For both Life business risk & liability you will develop, evolve and co-ordinate the validation framework within each model. A key component of this well paid Zurich insurance job
is also to manage a number of validation projects and compose validation reports for senior decision makers, regulators and the developers of the models.
To be considered for the Life Risk Actuary you should be an experienced (at least five years) insurance professional with expert knowledge of Life risk management. It is also expected you will have actuarial or quantative analysis experience and a strong focus upon statistical excellence. It would be very beneficial if you were comfortable with using MatLab and/or S+. You will need fluent English.
The Life Risk Actuary commands a first rate salary and benefits package.