Senior P&C Actuary Paris You Will Be Part Of An Excellence Center Dealing With The Most Sophisticated P&C Challenges And Influencing Strategic Development Decisions In P&C Operations Regarding Specific Policies
The position belongs to the P&C Group Risk management team of a leading insurance company. Group P&C reserving policy : ? Regularly conduct in-depth reviews (IDR) of P&C entities to review the local underwriting, the claims management processes and the reserving. ? Perform specific Technical Reserves review on a particular portion of the business whose complexity or materiality may require a Group opinion. ? Support other Finance Group teams in handling matters dealing with reserves and profitability for P&C operations (e.g. M&A, IFRS17, )
? Provide the Group with opinion on the Technical Reserves. Group risk Management's P&C Business expertise : Contribute to the definition of the Group Standards and Solvency 2 Policies for underwriting, claims management and reinsurance. ? Lead the Product... Approval Process (PAP) which is applicable group-wide to portfolio review and new business launch. ? Elaborate Group Risk Management's opinion on risks and initiatives submitted to the Group Underwriting Committee (GUC) approval. ? Develop Risk Management community's second line of defense for P&C's business areas. This means giving direct support to local entities by taking on new actions at the pre-P&C operation stage and at the post-operation stage as regards 2nd level control.
Group Modelling Tools And Risk Appetite
? Define and supervise the P&C exposure collection In the Clymene Group Reporting tool for local entities' P&C lines of business exposure (except Natural Catastrophes). ? Lead and develop the modelling of the Group P&C risk for all P&C business (e.g. Liability, Cyber, ) except Natural Catastrophe risk. Hence deduce the reinsurance cover to be purchased at Group level in line with Group Risk Appetite.
At least 5 years of experience in P&C actuarial fields, with significant experience as P&C Actuary.
? Technical P&C actuarial expertise in Reserving, Underwriting, Pricing and Modelling ? Experience in large property / casualty commercial lines, specialty risks and assumed reinsurance is a strong asset.