Senior Non-Life Reserving Actuary Lisboa

Senior Non-Life Reserving Actuary
Lisboa
Lisboa, Lisboa, Portugal

Zurich Portugal is part of the Zurich Insurance Group and has been in Portugal for 107 years, has more than 500 employees and with a distribution network of more than 1, 800 Insurance Agents, Brokers, and banking partnerships, we are serving more than 750, 000 customers. Zurich Portugal provide a full range of both life and
- life insurance for individuals and companies.

Join our dynamic and dedicated local Reserving Non-Life Actuarial team. We are seeking a reliable and
- oriented professional who is passionate about utilizing their analytical skills to drive impactful decisions and contribute to the growth and development of our team. If you are enthusiastic about making a meaningful difference and being part of a collaborative and innovative environment, we would love to hear from you.

As a Non-Life Reserving Actuary for Zurich Portugal, you will:

• Provide actuarial services with minimal supervision of a more experienced actuary to fulfil routine business requirements and to solve problems with a low to moderate level of complexity / diversity.
• Prepare and conduct actuarial analyses, including loss projections, technical reserves calculations for both gross and reinsurance layers.
• Develop and automate the reserving and financial reporting processes, managing the flow and quality of relevant actuarial data to ensure robust output.
• Ensure that processes and standards align with Zurich’s internal actuarial policies and guidelines, as well as existing regulations.
• Coordinate with Finance and Accounting to ensure the accuracy and adequacy of the balance sheet and profit and loss statements.
• Provide insights into underlying performance and business implications to Finance, other business functions, and Reserving Actuaries, promoting
  - functional sharing of information and collaboration.
• Assist in the development of
  - based capital models as well as parameterization and allocation activities to support actuarial services.
• Research best actuarial practice and review/analyze current practice area to support senior management in developing and improving processes and systems.

Qualifications and required profile:

Required

• Master’s degree in Actuarial Sciences and 4 or more years of relevant experience in related field.
• Experience in Reserving both IFRS17 and Solvency 2.
• Strong background inreserving methods and experience with reserving tool Res
  Q.
• Fluent in English and Portuguese is a requirement spoken and written.
• A Team player with enthusiasm, proactive, curiosity, and a positive attitude.
• Used to deal with deadlines, work under pressure and manage workload seasonality.

Nice to have

• Willingness to pursue an actuarial qualification or being partly qualified as an actuary.
• Strong data management and programming skills (e. g. R, SQL, SAS and Python).
• Experience in other functional areas (pricing, reserving, reinsurance, capital management, etc).
• Experience in implementation projects.