Permanent Contract

Reserving Team Leader – Irish Entities M/F

Modified on 10/06/2024

  • Dublin - Ireland
  • Insurance
  • 2024-90334

Job description

Duties and responsibilities

Reserving

  • In charge of a team of four Actuarial Analysts and one Actuarial Intern
  • Responsible for the production of the Technical Accounts and Reinsurance accounts in a timely and accurate manner
  • Produce and check the Profit Shares and Profit Share estimates calculated for our partners
  • Responsible for the calculation of reserves on an ongoing basis in line with the Reserving Policy
  • Responsible for the development and testing of new methodologies for calculating the technical reserves as well as it’s parametrization
  • Ensure the production of 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
  • Provide technical indicators and related analysis to relevant governance committees (Technical Committee, Risk Committee etc.) and presentation of the results in those committees

Projects

  • Contribute to major work stream dedicated to the rebuild of Technical Accounts process and tools, encompassing rationalization and industrialization of technical reserves calculation
  • Liaise with teams outside of the actuarial department and other Group departments (pricing, business development, data…)
  • Work on developing new methodologies to improve the reserving process for existing and new business
  • Work as part of a team and independently to complete projects in a timely manner (merger, new products, …)

Processes

  • Develop, secure and automate existing production processes
  • Implement and improve controls related to the activity of the actuarial department
  • Participate in the updating procedures and documentation

Solvency 2

  • Assist in meeting the requirements of the Actuarial Function under Solvency 2 particularly regarding Technical Provisions and Data Quality

IFRS 17

  • Support to IFRS17 team in quarterly reporting and annual PMT


Data Team interactions

  • Liaise with the Data Team regarding the data needs and issues on the data received

Budget

  • Identify and obtain necessary actuarial assumptions for calculation of the budget
  • Responsible for the calculation of the budget, using the assumptions previously mentioned and
    the data provided by control de gestion and modelling team

 

Complément

People First
To assign workload and projects to each member of the staff
To follow up on HR processes; attendance, probationary period, performance management,
etc.
To develop and coach our staff to reach their potential within CACI
To identify within your team individually their strengths and their areas for improvement
To identify the teams individual talents and abilities and harness those for their development and to optimise the business
To coach and encourage staff to enhance their professional actuarial qualifications (when required)
To fully apply the performance management process ensuring it is a 2 way process of open discussion
To be a back-up of the fellow colleague team leader in situation of absence (Reserving Models Team Leader)

    • Position with management
    • Yes
    • Minimum level of study
    • Bachelor Degree / BSc Degree or equivalent
    • Training / Specialization
      • Actuarial qualification (part-qualified) or Qualified

      • Minimum of 4 years professional 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: Bornhuetter Ferguson, Chain Ladder, Mack Method)
    • Minimum experience level
    • 6-10 years
    • Compétences recherchées
      • English fluency a necessity
      • French language an advantage
      • Ability to understand and meet deadlines
      • People management skills
      • Good communication skills, team player, organized and punctual
    • Languages
    • English fluency a necessity. French language an advantage.

  • 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 Team Leader – Irish Entities M/F

Published the 10/06/2024

Permanent Contract
  • Dublin - Ireland
  • Insurance
  • 2024-90334
Join
-us

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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