The position belongs to the P&C Group Risk management team of a leading insurance company. 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 :
- 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
− 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.
Your profile :
At least 5 years of experience in P&C actuarial fields, with significant experience as
− 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.
Contact : Lucile Bourdeau
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