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Junior Actuarial Analyst

  • Location


  • Sector:


  • Salary:

    Euro 25,000 - Euro 30, 000

  • Contact:

    Tijana Tufek

  • Job Reference:


  • Published:

    about 1 month ago

  • Expiry:


  • Client Details:


  • Consultant:

    Tijana Tufek

  • Skills tags:


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Well established international insurance company is seeking to employ a Junior Actuarial Analyst.

Eligible candidates should have a mathematical / statistical / actuarial background, and interest to work in the field of insurance and reinsurance with international scope.

Job duties include: 

  • Calculating the reserves using appropriate actuarial methods
  • Conducting statistical studies in relation to insurance and reinsurance business in supporting the reserve calculations of the Companies
  • Assisting in the preparation of Quarterly Business Reviews (QBR) for the Companies’ Reinsurers and / or assisting in the preparation of any other Actuarial / Statistical presentations required for the Group
  • Maintaining and enhancing the actuarial / statistical tools of the Companies
  • Calculating the SCR and MCR of the Companies and providing adequate input to feed in the Own Risk and Solvency Assessment (ORSA) of the Companies, in accordance with the Solvency II Directive
  • Participation in the completion of any other technical exercises as required by the MFSA (technical questionnaires, stress tests, etc.) when necessary

Skills and Qualifications required:

  • Honours Degree or equivalent qualification in Mathematics and Statistics and Operations Research or a comparable recognised Mathematics / Statistics / Actuarial qualification at NQF level 6; additional qualifications will be considered as a strong asset
  • Good use of Excel tools is required
  • Good team player, who is able to contribute actively to the team
  • Ability to work on one’s initiative as necessary
  • Excellent organisational and analytical skills
Additional benefits offered:
  • International health insurance plan including dental and optical covering the Employee and her dependents
  • Life insurance for the Employee
  • Income protection for the Employee
  • Reimbursement of any future exam costs (if necessary);
  • Study leave of 5 working days per examination for courses or qualifications authorised by the Company