Permanent Contract

Reserving analyst M/F

Modified on 02/05/2024

  • Dublin - Ireland
  • Insurance
  • 2024-87264

Job description

DUTIES AND RESPONSIBILITIES

Reserving:

  • Calculate reserves in a timely and accurate manner
  • Participate in the development and testing of new methodologies for calculating the technical reserves
  • Produce control cards in line with risk management requirements of internal control
  • Conduct experience surveys on mortality, morbidity etc.
  • Participate in the updating of reserving policies and measure the impact of the updated reserving policies
  • Production and review of the Technical Accounts and Reinsurance accounts on an ongoing basis to ensure they are in line with the current Reserving Policy
  • Produce and check the Profit Shares calculated for our partners in line with our agreements
  • Participate in the implementation of the reserves calculation in the Data Centralizer (Project Titan)
  • Participate in the implementation of a Control Framework for the Data Centralizer Technical Accounts
  • Annalise the gaps between Local GAAP and IFRS17
  • Assist the S2 Modelling Team in meeting the input requirements of the Actuarial Function regarding Technical Provisions expertise and Data Quality

 

Projects:

  • Work as part of a team and independently to complete projects in a timely manner
  • Liaise with teams outside of the actuarial department and other Group departments


Processes:

  • Develop, update, implement and improve processes related to the activity of the actuarial department
  • Participate in the writing of procedures

 

Liability Adequacy Reporting:

  • Produce quarterly controls in line with Risk Management requirements
  • Analyse the variation in the claims experience

 

Database Management & Reporting:

  • Work on testing single integrated database management with data quality team experts
  • Maintain, update and upgrade on a daily basis the actuarial SAS database
  • Assist in defining reporting requirements while setting up new partners / products


Budget:

  • Provide necessary actuarial assumptions for preparation of budget
  • Responsible for checking the budget completed by the underwriting team

 

External relations:

  • With IT, Project, Administration & Operations, Finance and Business Development Departments
  • With corporate clients and Third Party Administrators (TPA)

    • Position with management
    • No
    • Minimum level of study
    • Bachelor Degree / BSc Degree or equivalent
    • Training / Specialization
    • Actuarial Trainee with some experience working in an actuarial role
      • Actuarial Trainee with 2 years’ experience
      • Experience with SAS/SQL and VBA Programming an advantage
      • Experience working with Microsoft packages, particularly Excel, a necessity
      • Knowledge of common Reserving techniques an advantage. (eg: Bornheutter Ferguson, Chain Ladder, Mack Method)
    • Minimum experience level
    • 3-5 years
    • Compétences recherchées
      • English fluency a necessity
      • Other European language an advantage, in particular French
      • Good communication skills, team player, organised and punctual
    • Languages
    • English fluency a necessity
  • Crédit Agricole Assurances, France's largest insurance group, unites together Crédit Agricole's insurance subsidiaries. The Group offers a range of savings, retirement, health, personal protection and property insurance products and services. They are distributed by the Crédit Agricole's banks in France and in seven other countries around the world by financial advisers and multi-line insurance agents. The Crédit Agricole Assurances companies serve individuals, professionals, farmers and businesses. At the end of 2022, Crédit Agricole Assurances has 5,700 employees and Its premium income amounted to €35.3 billion (IFRS). As the leader creditor insurance operator in France,the third-biggest European specialist in this segment, the 1rst in France concenrning the death benefit, funeral and dependence insurances , we provide a comprehensive range of financial protection products and services to cover the risks due to death, off work, dependence for families, employees and professionals through multi-channel pathways integrated into our partners' processes : retail banks and specialised financing companies in France and Europe. It represents around 500 employees located in Paris, Lille, Dublin and Milan. By working every day in the interest of society, we are a group committed to diversity and inclusion. All our positions are open to people with disabilities.

Crédit Agricole Assurances
Crédit Agricole Assurances
Crédit Agricole Assurances

Crédit Agricole Assurances

Reserving analyst M/F

Published the 02/05/2024

Permanent Contract
  • Dublin - Ireland
  • Insurance
  • 2024-87264
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Our advantages

Working from home

This is a working method that has existed within Crédit Agricole Assurances for many years.

Training

Numerous face-to-face and remote levers: learning from others, giving and receiving feedback, taking training courses (124,000 hours by 2023), enhancing experience, taking on new missions.

Crossovers

A wide range of support (events, workshops, guidance tools, practical information sheets, advice, etc.) and a variety of career paths within our Insurance Group and throughout the Crédit Agricole Group.

Companies

Sites in Paris, the French regions and 8 other countries: Ireland, Italy, Spain, Japan, Luxembourg, Portugal, Poland and Greece.

Banking benefits

Banking benefits for staff

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