Business Actuary

Business Actuary

This is where you will work

Our client is looking for an ambitious controller / actuary aiming to accelerate their career by building bridges between Finance and the business.

Our client is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes them a unique employer. Together they can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

The Performance & Steering (P&S) team sits within our clients Finance Department, and is responsible for analysing & interpreting the various KPIs needed to steer the business lines in the Benelux region. As such, they are a key business partner for all users of these figures, engaging with stakeholders including regional Board members such as CEO and CFO, likewise with the Chief Investment Officer, Chief Product Officer, Chief Risk Officer and their Group headquarters in Munich. This role sits within the Life Performance & Steering team, which together with similar teams for P&C, Cost, and Consolidation comprises the broader P&S team.

They are looking for a dynamic & self-starting individual who will monitor / steer the financials of the Life business, proactively initiating ad-hoc analyses & deep-dives on any areas of the portfolio exhibiting deviations vs plan. With the results of such analyses, you will take contact with the relevant business owners in order to ensure the appropriate remediation / optimization actions are taken. Another key responsibility will be producing the Life section of the "Planning Dialogue", the annual exercise undertaken with the business and the Group shareholder in order to construct the financial plan.

Given that IFRS17 has placed actuarial concepts at the heart of Life insurance reporting, they expect you to have a strong & proven track record in Actuarial or similar work. You must be comfortable articulating & explaining the differences in balance sheet and P&L between the various applicable accounting norms (IFRS17, Solvency II, local GAAP) and understand the business implications of the accounting choices taken.

Excellent communication skills are a must-have, as you will need to build & maintain strong relationships with colleagues from outside of Finance, including C-suite members, who will often have a less technical background. You will furthermore be required to present financial results to a senior (CFO / Group) audience in periodic closing calls.

In addition, you will need to drive the continuous refinement / automation / simplification of the various reporting processes in your scope.

Your responsibilities

• Transversal (Belgium, Netherlands, Luxembourg) steering of our clients Life KPIs, in particular IFRS17 P&L, IFRS17 CSM, New Business Margins, and Return-on-Equity;
• Comfortable switching between multiple accounting regimes and translating the key concepts to provide business-relevant insights for C-suite members;
• Actively manage all contributors involved in producing the Life P&L (both Actual & Planned), thus ensuring timeliness & quality of delivery;
• Streamline less efficient processes / introduce more digital tooling & mindset within the team.

This is what they expect

We are offering