Life Actuary / Prophet Modeller

UNIQA 4WARD, organizačná zložka

Place of work
Žižkova 9, Old Town
Contract type
full-time
Start date
02.09.2020
Wage (gross)
1 700 EUR/monthThe final level of salary is dependent on skills, knowledge and experience of a candidate.

Information about the position

Job description, responsibilities and duties

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.

Your Tasks and Responsibilities:
• Calculating and validating results in Prophet for Solvency II, and preparing associated Solvency II disclosures
• Maintaining, improving and optimizing projection models in Prophet
• Preparing model points for Prophet runs, including the clustering of model points for stochastic projections
• Developing IFRS 17 templates for roll-out to UNIQA’s subsidiaries, and maintaining existing Solvency II and Embedded Value templates for the Group
• Producing and validating IFRS 17 cash flows in Prophet
• Calculating and validating Market Consistent Embedded Value (MCEV) results in Prophet

Employee perks, 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)

Information about the selection process

Please provide us with a CV and a cover letter in English. CVs that are not in English will be automatically excluded from selection process.
By sending us your CV you agree with the processing of our personal data.

Expected date of completion of the selection process

31 August 2020 (there are still 22 more days)

Requirements for the employee

Candidates with education suit the position

University education (Bachelor's degree)
University education (Master's degree)
Postgraduate (Doctorate)

Educational Specialization

Statistics, Actuarial Science, Mathematics

Language skills

English - Upper intermediate (B2)

Number of years of experience

2

Personality requirements and skills

• 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:
o First exposure to IFRS 17
o Fluency in German

Advertiser

Brief description of the company

UNIQA 4WARD is the branch office of UNIQA Insurance Group AG. It has its seat in Bratislava and supports the Group and its international business units in Actuarial, Risk and Security Management activities.

The UNIQA Group is one of the leading insurance groups in its core markets of Austria and Central and Eastern Europe (CEE). We are present in 18 countries and serve about 9.6 million customers. With UNIQA and Raiffeisen Versicherung, we have the two strongest insurance brands in Austria and are well positioned in the CEE Markets.

Company address

UNIQA 4WARD, organizačná zložka, Branch office of UNIQA Insurance Group AG
Žižkova 7803/9
811 02 Bratislava
https://www.uniqa4ward.com

Contact

Contact person: Zuzana Presalovičová, M.Sc.
E-mail: send CV
ID: 3913071  Dátum zverejnenia: 27.7.2020  Základná zložka mzdy (brutto): 1 700 EUR/month