Life Actuary / Prophet Modeller

Contract type
Wage (gross)
1 700 EUR/monthThe final level of salary is dependent on skills, knowledge and experience of a candidate.
Place of work
Žižkova 7803/9, Bratislava
Start date

The time for change is now! Join a dynamic team with a modern perspective on life, work, purpose, and personal development. Learn more about how you can become a member of the UNIQA 4WARD family.

About the job:

Do you appreciate values like openness, honesty, fairness and respect? Are you a reliable, proactive team player looking for actuarial challenges in an international environment? Would you like to be listened to and get full support in your personal and professional development? If yes, then join us on our exciting journey and become part of our team!

UNIQA 4WARD is a growing company, a start-up within the well-established UNIQA Group. We strongly believe that a positive and supportive atmosphere is the key to successful and joyful working.

You will contribute to the reserving calculations in the life insurance business and the continuous improvement of our projection models by using the actuarial software Prophet. Additionally, this role includes the rare opportunity to participate in the Group’s implementation of IFRS 17, including the enhancement of cash flow projection models and the roll-out to UNIQA’s international subsidiaries in Central and Eastern Europe. You can look forward to on-the-job training and strong support from our Headquarters in Vienna. Additionally, we offer the possibility for personal development in your area of expertise for the years to come.

A day in the life of a Life Actuary/Prophet Modeller:

• You calculate and validate results in Prophet for Solvency II, and prepare associated Solvency II disclosures
• You maintain, improve and optimize projection models in Prophet
• You prepare model points for Prophet runs, including the clustering of model points for stochastic projections
• You develop IFRS 17 templates for roll-out to UNIQA’s subsidiaries, and maintain existing Solvency II and Embedded Value templates for the Group
• You produce and validate IFRS 17 cash flows in Prophet
• You calculate and validate Market Consistent Embedded Value (MCEV) results in Prophet

Your required skills and qualifications:

• Actuarial education (actuarial science, mathematics or statistics)
• 2 - 3 years of experience as a Life actuary
• Experience in Prophet (deterministic and/or ALS)
• Experience with Solvency II and Embedded Value calculations
• Proactive and reliable team player with developed problem-solving skills
• Ability to communicate with all levels of the organization
• Independent, customer-oriented and self-reliant working style
• Proficient knowledge of MS Office, especially Excel; VBA programming is a plus
• Willingness to travel to Headquarters in Vienna, and also on occasion to other UNIQA locations

Advantageous skills:
• First exposure to IFRS 17
• Fluency in German

Employee benefits:

• Flexible working hours
• Brand-new office space
• Positive working atmosphere
• International working culture
• Onboarding program in Vienna
• Actuarial education
• Various employee benefits (Annual bonus, Home Office, social events)

Who we are:

We are a Bratislava based start-up company within the internationally renowned UNIQA Insurance Group. In the areas of Actuarial, Risk, Security Management, HR & Brand, we provide services to the UNIQA Headquarters in Vienna and all international business units in the CEE region.

If you want to know more about the UNIQA 4WARD way click here.

One more thing:

Don’t be afraid of not having all the listed qualifications. Apply anyway! We hire for attitude. Please provide your CV in English until 30.06.2021.

Expected date of completion of the selection process
30 June 2021 (there are still 6 more days)
For other job openings, please, click here

No need to wait any longer -
contact us now

UNIQA 4WARD, organizačná zložka, Branch office of UNIQA Insurance Group AG
Žižkova 7803/9
811 02 Bratislava
ID: 3913071  Dátum zverejnenia: 17.6.2021  Základná zložka mzdy (brutto): 1 700 EUR/month