Senior Reserving Actuary (m/f/o)
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TTI is seeking for an Senior Reserving Actuary for one of our top clients. Our client is an insurance company and is based in Malta.
Tasks
- Work with a brand-new actuarial reserving tool, apply the various actuarial reserving methods and decide on the most appropriate reserves for the financial accounts
- Estimate nominal ultimate claims and their pay-out patterns, digging deeper into portfolios as required to identify segments needing specific focus and separate monitoring
- Challenge costing accuracy, contribute to reporting and build a deep understanding of liability reinsurance in particular
- Ensure that the overall calculations are comprehensive, complete and well understood
- Regularly interact with other functions such as Underwriting, Claims, Technical Accounting and Finance as well as with senior management and build trustful long-term relationships
- Support the transition to IFRS accounting and shape the reporting
- Regularly work on or lead actuarial-related projects and systems development
- Interact with and train more junior team members and help them to develop their actuarial expertise
- Support the Head of Actuary in any other task falling within the actuary department
Requirements
- A degree in Mathematics, Statistics, Computer Science, Economics or Financial Risk Management
- At least 4/5 year of experience in a similar position within an insurance/reinsurance company, regulatory body or finance
- Good level of English is a must, working knowledge of French is an asset
- Familiarity with statistical analysis programs and advanced knowledge in Excel and Database Access
- Knowledge in programming languages such as (R software, VBA and SQL, Python…) is an asset
Salary
Salary information will be provided during the interview with shortlisted candidates.
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TTI International Malta
270 Zabbar Road
FGR 1011 Fgura
T+356 20341749