Luxembourg City

Intern

Graduate

Part Qualified

Associate

Qualified

Senior Actuary

Life

Investments

Health

Property & Casualty

Reserving

Reporting

Reinsurance

Risk

Python

Experience Analysis

Prophet

Coding

Pricing

Consulting

Excel

Unleash your potential with KPMG Risk Consulting! Learn more about this exciting opportunity at our Risk Consulting Recruitment Day on 22 April 2024 and take the first step towards a fulfilling career as a consultant.Find your purpose at KPMG Luxembourg. As part of a global network, we're diverse problem solvers, dedicated to digitalization, fostering new sectors, and building resilient economies. We offer rewarding careers in financial services with autonomy, flexibility, and comprehensive benefits. Join our vibrant team of 1800+ people from 70+ nationalities and explore a world of opportunity with us.Juniors and/or Trainees in Risk Consulting to join the Actuary team. We're looking for motivated individuals to join us in September 2024 for a permanent entry-level role or a 6-month traineeship. Our Risk Consulting practice offers a wide range of services, including advising insurers and reinsurers on strategy and core actuarial and financial areas.With our growing team of actuaries, we help clients identify, measure, and manage risks while utilizing technology to provide innovative solutions and transform financial and regulatory reporting processes. Join us and become part of a front-facing team committed to maintaining market leadership.What you will be working on:<ul><li>Developing solutions to complex problems for life/non-life insurance and reinsurance companies</li><li>Advising clients on the topics relating to IFRS 17, Solvency II and MCEV</li><li>Conducting actuarial/financial model development and validation assignments</li><li>Supporting the audit teams in the actuarial aspects of financial statements, including but not limited to the calculation of technical provisions</li></ul><ul><li>Integrating with a young, dynamic team, working closely with our experienced consultants, and having extensive exchanges with different clients. You will support the engagement manager and project manager in preparing meetings and supporting materials.</li></ul>Join us if you:<ul><li>Are in your final year of a master's degree/PhD in either actuarial science, mathematics, economics or finance. A plus if you hold an actuarial qualification from the USA, UK, French, Belgium, German or equivalent actuarial association</li><li>Already have knowledge about or exposure to the insurance industry (e.g. via relevant internships), preferably as an actuary, or an analyst with IFRS 17 implementation experience</li><li>Have a good understanding of actuarial and statistical tools (R, Python, VBA, Prophet, etc.) and in MS office</li><li>Display a positive and enthusiastic attitude and can work efficiently and accurately in a challenging environment</li><li>Can write and structure a "complex" email/short text</li><li>Seek to work in an international and multi-cultural environment</li><li>Are fluent in English and have a good command of French/German. Any additional language will be considered as an advantage</li></ul>Why you should apply: KPMG is where you will find the right opportunities to advance your career and the widest available range of possibilities so you can grow professionally. Make a real impact, join a diverse team of leading experts, work with global clients, and discover technological solutions.By submitting your resume and application information, you authorize KPMG to transmit and store your information in the KPMG recruitment database, and to circulate that information as necessary for the purpose of evaluating your qualifications for this or other job vacancies. KPMG is an equal opportunities employer. We believe passionately that employing a diverse workforce is central to our success. Our recruiting decisions are based on your experience and skills.

Who we areAmerican International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.The roleThis role involves supporting key reserving activities and the management and coordination of the reserving process for Europe, Middle East &amp; Africa (EMEA). This role will be highly visible, as you will have the opportunity to interact with and advise senior management. We are looking for an individual who is internally motivated, intellectually curious, has the ability to work independently and manage multiple projects and tasks, and is driven to enhance existing processes.More specifically the role involves:<ul><li>Assisting in the production of Legal Entity and US GAAP reserve estimates, both gross and net of reinsurance.</li><li>Assisting in production of key reserving results and analytics to take key stakeholders (internal and external to actuarial) through the results.</li><li>Assisting in the timely and accurate reporting of reserve results across multiple lines of business and regions.</li><li>Involvement in the capital model calibration process and other key SII activities.</li><li>Involvement in the analysis and estimation of ULAE reserves across all lines of business.</li><li>Support continuous improvement to key processes.</li><li>Assisting in the production of key reports for regulation purposes, e.g. CAA and SII AFRs</li><li>Assisting in the coordination of the annual audit reviews, independent reserve reviews, internal audit and SOX reviews on behalf of EMEA Actuarial</li></ul>Position Requirements:<ul><li>BS in Actuarial Science, Mathematics, Statistics, or related field</li><li>Proven proficiency in actuarial concepts/methodologies</li><li>Qualified Actuary (FIA, FCAS) preferred</li><li>5&#43; years experience in General Insurance</li><li>Strong leadership, analytical and problem solving skills</li><li>Effective project management, time management and organizational skills</li><li>Strong business and collaboration skills; responsive to service needs and operational demands</li><li>Excellent communication, presentation, and interpersonal skills</li><li>Customer focus</li><li>Professional behaviour with high level of integrity</li></ul>Our offer:We're proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection and wellbeing. We provide a variety of leaves for personal, health, family and military needs. For example, our "Giving Back" program allows you to take up to 24 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers. We have a tuition reimbursement program for eligible colleagues to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.We are an Equal Opportunity EmployerAmerican International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation. At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

Find your purpose at KPMG LuxembourgWe see a world of opportunity. From uncovering ways to digitalize, to enabling new sectors to take off, to building sustainability and resilience into economies, we know insights reveal new opportunities for all. We are diverse and dedicated problem solvers, part of the worldwide network of high-quality audit, tax and advisory services.We offer excellent career prospects that balance autonomy, flexibility and responsibility. Our comprehensive benefits inspire our people do and feel their best. Right now, we have more than 1800 employees from over 70 nationalities. Join our growing group of young and youthful innovators to uncover a world of opportunity together.We are seeking an Assistant Manager/Manager in Actuarial for our Risk Consulting departmentActuarial practice of KPMG in Luxembourg helps insurers and other financial institutions set and execute their strategy, in addition to providing advice in core actuarial and financial area. With our fast-growing team of actuaries, we help clients identify, measure and manage risks, and share effective implementation solutions to improve performance. Technology, part of KPMG DNA, is used in our projects to provide efficient and innovative solutions, and transform existing financial and regulatory reporting processes.Our clients include reinsurers, reinsurance captives, international and local insurers in life and non-life. Looking for experienced actuary manager to take responsibility on actuarial projects. She/he would have to lead a team, participate in expending our business locally and at international level.What you will be working on<ul><li>Develop solution to complex problems for life/non-life insurance and reinsurance clients</li><li>Advice clients on the topics relating to IFRS 17, Solvency II and MCEV</li><li>Conduct actuarial/financial model development and validation assignments</li><li>Support the audit teams in the actuarial aspects of financial statements, including but not limited to the calculation of technical provisions</li><li>Assist with the development of proposals</li></ul>What we look for<ul><li>You hold a Master's degree/PhD in either Actuarial Science, Mathematics, Economics or Finance</li><li>You hold an actuarial qualification from the USA, UK, French, Belgium, German or equivalent actuarial association</li><li>You have 5 to 8 years of experience in insurance as an actuary. Involvement in IFRS 17 implementation is a plus</li><li>You have a strong IT skill in actuarial and statistical tools (R, Python, VBA, Prophet, etc) and in MS office</li><li>You are a team player willing to share your experience</li><li>You are client-driven and solution oriented</li><li>You are fluent in English. French is considered an asset</li><li>You enjoy working in a multicultural environment</li></ul>What you will getKPMG is where you will find the right opportunities to advance your career and the widest available range of possibilities so you can grow professionally. Make a real impact, join a diverse team of leading experts, work with global clients, and discover technological solutions. By submitting your resume and application information, you authorize KPMG to transmit and store your information in the KPMG recruitment database, and to circulate that information as necessary for the purpose of evaluating your qualifications for this or other job vacancies.KPMG is an equal opportunities employer. We believe passionately that employing a diverse workforce is central to our success. Our recruiting decisions are based on your experience and skills.

KPMG in Luxembourg is seeking an Actuarial Trainee for our Risk Consulting department. Our actuarial practice helps insurers and other financial institutions set and execute their strategy, in addition to providing advice in core actuarial and financial areas.With our fast-growing team of actuaries, we help clients identify, measure and manage risks, and share effective implementation solutions to improve performance. Our clients include reinsurers, reinsurance captives, international and local insurers in life and non-life.What you will be working on<ul><li>Develop solutions to complex problems for life/non-life insurance and reinsurance clients</li><li>Advise clients on topics relating to IFRS 17, Solvency II and MCEV</li><li>Conduct actuarial/financial model development and validation assignments</li><li>Support the audit teams in the actuarial aspects of financial statements, including but not limited to the calculation of technical provisions</li><li>Assist with the development of proposals</li></ul>What we're looking for<ul><li>You hold a Master's degree/PhD in either Actuarial Science, Mathematics, Economics or Finance and are looking for an end of studies internship.</li><li>You hold an actuarial qualification from the USA, UK, French, Belgium, German or equivalent actuarial association</li><li>You have experience in insurance as an actuary. Involvement in IFRS 17 implementation is a plus</li><li>You have strong IT skills in actuarial and statistical tools (R, Python, VBA, Prophet, etc) and in MS office</li><li>You are a team player willing to share your experience</li><li>You are client-driven and solution oriented</li><li>You are fluent in English. French is considered an asset</li><li>You enjoy working in a multicultural environment</li></ul>What you will getKPMG is where you will find the right opportunities to advance your career and the widest available range of possibilities so you can grow professionally. Make a real impact, join a diverse team of leading experts, work with global clients, and discover technological solutions.By submitting your resume and application information, you authorize KPMG to transmit and store your information in the KPMG recruitment database, and to circulate that information as necessary for the purpose of evaluating your qualifications for this or other job vacancies.KPMG is an equal opportunities employer. We believe passionately that employing a diverse workforce is central to our success. Our recruiting decisions are based on your experience and skills.

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.At AIG, we are constantly working to ensure that all employees have the training and skills they need to have a rewarding and successful career. Designed with that commitment at its core, our Early Career program provides a platform for participants to launch or accelerate their careers. Through a range of approaches including innovative experiential learning and technical training, performance assessments, formalized mentoring, and exposure to senior leaders, our Early Career program offers unparalleled development opportunities for our diverse early career talent.  Whether you’re a recent university graduate, someone with less than two years of work experience, or a professional seeking a new career path, the program is designed to evolve with the rapid pace of technological advancements and changing employee preferences to ensure that today’s participants become leaders capable of conquering tomorrow’s challenges.As an actuary at AIG, you will be challenged and encouraged to reach your greatest potential. Every day will bring new opportunities to stretch your analytical and problem-solving skills as you improve how we predict, manage and mitigate risk. Our Actuaries are on the front lines, quantifying risk, pricing insurance and reserving losses for AIG’s major regulated and rated insurance operating companies globally.The Actuarial Early Career Analyst will support the EMEA Actuarial Manager and the broader EMEA Actuarial team with calculations, key metrics and reporting as aligned to the EMEA Actuarial team’s goals.The key tasks will include:<ul><li>Assist with yearend reporting deliverables such as legal entity and regulatory report submission;</li><li>Assist with pricing and reserving tasks across the EMEA region as and when needed e.g. profitability studies, detailed valuation reviews;</li><li>Collaborate on cross-functional and cross-regional actuarial projects;</li><li>Work closely with cluster actuaries to monitor underwriting initiatives as part of the Quarterly Business Review;</li><li>Work closely with other key stakeholders such as Finance, Risk and Claims teams.</li></ul>Candidates who are actively pursuing membership in a recognized actuarial society are preferred. Candidates with some actuarial experience preferred. Understanding of actuarial pricing concepts/methodologies. Degree in Mathematics, Economics or related discipline. Strong analytical and problem-solving skills. Work well both independently and as part of a team. Expertise in Excel and PowerPoint. SQL, VBA, or other programming languages preferred. Effective time management skills. Excellent communication, presentation, and interpersonal skills.Insurance experience, preferably client servicing (broker or company). Strong technical knowledge of multinational programs with an intimate knowledge of territorial issues and multinational account service systems and processes. Experience / extensive knowledge in multiple lines of business, preferably experience of working with multinational corporations.AIG seeks candidates who have excelled in previous work experience, demonstrated outstanding academic and extracurricular achievement, possess strong analytical, quantitative and interpersonal skills, and are enthusiastic about and committed to the insurance industry. The ideal candidates will be bold thinkers with an entrepreneurial bent and will possess a powerful blend of IQ (technical skills, consistent learning, statistical &amp; financial acumen) and EQ (adaptive communication, empathy, listening skills, challenging with humility). We also look for a diverse background of experience, culture, and thought.  Successful candidates typically have a global perspective and a record of successful teamwork.

Who we areAmerican International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.
Full-Time Analyst DescriptionAt AIG, we are constantly working to ensure that all employees have the training and skills they need to have a rewarding and successful career. Designed with that commitment at its core, our Early Career program provides a platform for participants to launch or accelerate their careers. Through a range of approaches including innovative experiential learning and technical training, performance assessments, formalized mentoring, and exposure to senior leaders, our Early Career program offers unparalleled development opportunities for our diverse early career talent.Whether you’re a recent university graduate, someone with less than two years of work experience, or a professional seeking a new career path, the program is designed to evolve with the rapid pace of technological advancements and changing employee preferences to ensure that today’s participants become leaders capable of conquering tomorrow’s challenges.About the roleAs an actuary at AIG, you will be challenged and encouraged to reach your greatest potential. Every day will bring new opportunities to stretch your analytical and problem-solving skills as you improve how we predict, manage and mitigate risk. Our Actuaries are on the front lines, quantifying risk, pricing insurance and reserving losses for AIG’s major regulated and rated insurance operating companies globally.The Actuarial Early Career Analyst will support the EMEA Actuarial Manager and the broader EMEA Actuarial team with calculations, key metrics and reporting as aligned to the EMEA Actuarial team’s goals.The key tasks will include:<ul><li>Assist with yearend reporting deliverables such as legal entity and regulatory report submission;</li><li>Assist with pricing and reserving tasks across the EMEA region as and when needed e.g. profitability studies, detailed valuation reviews;</li><li>Collaborate on cross-functional and cross-regional actuarial projects;</li><li>Work closely with cluster actuaries to monitor underwriting initiatives as part of the Quarterly Business Review;</li><li>Work closely with other key stakeholders such as Finance, Risk and Claims teams.</li></ul>Technical Skills and Expertise:<ul><li>Candidates who are actively pursuing membership in a recognized actuarial society are preferred</li><li>Candidates with some actuarial experience preferred
Understanding of actuarial pricing concepts/methodologies</li><li>Degree in Mathematics, Economics or related discipline.</li><li>Strong analytical and problem-solving skills.</li><li>Work well both independently and as part of a team.</li><li>Expertise in Excel and PowerPoint</li><li>SQL, VBA, or other programming languages preferred</li><li>Effective time management skills</li><li>Excellent communication, presentation, and interpersonal skills.</li></ul>What we’re looking for:<ul><li>Insurance experience, preferably client servicing (broker or company)</li><li>Strong technical knowledge of multinational programs with an intimate knowledge of territorial issues and multinational account service systems and processes</li><li>Experience / extensive knowledge in multiple lines of business, preferably experience of working with multinational corporations.</li></ul>AIG seeks candidates who have excelled in previous work experience, demonstrated outstanding academic and extracurricular achievement, possess strong analytical, quantitative and interpersonal skills, and are enthusiastic about and committed to the insurance industry.The ideal candidates will be bold thinkers with an entrepreneurial bent and will possess a powerful blend of IQ (technical skills, consistent learning, statistical & financial acumen) and EQ (adaptive communication, empathy, listening skills, challenging with humility).
We also look for a diverse background of experience, culture, and thought. Successful candidates typically have a global perspective and a record of successful teamwork.

Find your purpose at KPMG LuxembourgWe see a world of opportunity. From uncovering ways to digitalize, to enabling new sectors to take off, to building sustainability and resilience into economies, we know insights reveal new opportunities for all. We are diverse and dedicated problem solvers, part of the worldwide network of high-quality audit, tax and advisory services.We offer excellent career prospects that balance autonomy, flexibility and responsibility. Our comprehensive benefits inspire our people do and feel their best. Right now, we have more than 1800 employees from over 70 nationalities. Join our growing group of young and youthful innovators to uncover a world of opportunity together.We are seeking an Assistant Manager/Manager in Actuarial for our Risk Consulting department Actuarial practice of KPMG in Luxembourg helps insurers and other financial institutions set and execute their strategy, in addition to providing advice in core actuarial and financial area. With our fast-growing team of actuaries, we help clients identify, measure and manage risks, and share effective implementation solutions to improve performance. Technology, part of KPMG DNA, is used in our projects to provide efficient and innovative solutions, and transform existing financial and regulatory reporting processes.Our clients include reinsurers, reinsurance captives, international and local insurers in life and non-life. Looking for experienced actuary manager to take responsibility on actuarial projects. She/he would have to lead a team, participate in expending our business locally and at international level.What you will be working on<ul><li>Develop solution to complex problems for life/non-life insurance and reinsurance clients</li><li>Advice clients on the topics relating to IFRS 17, Solvency II and MCEV</li><li>Conduct actuarial/financial model development and validation assignments</li><li>Support the audit teams in the actuarial aspects of financial statements, including but not limited to the calculation of technical provisions</li><li>Assist with the development of proposals</li></ul>What we look for<ul><li>You hold a Master's degree/PhD in either Actuarial Science, Mathematics, Economics or Finance </li><li>You hold an actuarial qualification from the USA, UK, French, Belgium, German or equivalent actuarial association</li><li>You have 5 to 8 years of experience in insurance as an actuary. Involvement in IFRS 17 implementation is a plus </li><li>You have a strong IT skill in actuarial and statistical tools (R, Python, VBA, Prophet, etc) and in MS office</li><li>You are a team player willing to share your experience </li><li>You are client-driven and solution oriented</li><li>You are fluent in English. French is considered an asset</li><li>You enjoy working in a multicultural environment</li></ul>What you will getKPMG is where you will find the right opportunities to advance your career and the widest available range of possibilities so you can grow professionally. Make a real impact, join a diverse team of leading experts, work with global clients, and discover technological solutions. By submitting your resume and application information, you authorize KPMG to transmit and store your information in the KPMG recruitment database, and to circulate that information as necessary for the purpose of evaluating your qualifications for this or other job vacancies. KPMG is an equal opportunities employer. We believe passionately that employing a diverse workforce is central to our success. Our recruiting decisions are based on your experience and skills.

About the RoleWe are looking for an ambitious senior P&amp;C actuary to join our team in performing quarterly and yearly P&amp;C Solvency 2 calculations for our European legal entities in Luxembourg<ul><li>You will perform calculations of the best estimate liabilities and technical provisions for both Reinsurance and Corporate Solutions business for Solvency 2</li><li>You will provide support for Finance system transformation projects covering IFRS, local statutory valuation and Solvency 2</li><li>You will analyze and implement future changes to the regulatory framework of S2 coming from EIOPA or local regulators. This also means participating in industry-wide consultations for these regulatory changes</li><li>You will support and interact with appointed actuaries and actuarial function holders, legal entity CFO's and CROs</li><li>You will lead the preparation of actuarial function holder reports</li><li>You regularly interact and coordinate with partners from Finance, Risk Management, Legal entity management, IT, Reserving functions as well as senior management. You are building trustful relationships</li><li>You will deputize the Head of Statutory Reporting when required</li><li>You will also regularly work on or lead actuarial-related projects and systems development</li><li>You will interact with and train more junior team members and help them to develop their actuarial expertise</li></ul>About the TeamOur team is part of the EMEA Actuarial &amp; Reserving team which consists of teams in 5 locations. We value a good team and collaborative spirit and the team members come from diverse backgrounds. We frequently interact with a large number of stakeholders from various functions. Therefore, we value strong communication skills on top of technical expertise. We truly believe in continuous development and provide growth opportunities through rotations or participation in actuarial projects.About youAre you an experienced qualified P&amp;C actuary with 4-8 years of experience in reserving/financial reporting in Insurance or Reinsurance? Are you familiar with Solvency 2 and (re)insurance markets and products?You have:<ul><li>University degree in science or related subjects and you possess strong analytical and quantitative skills</li><li>Programming skills in R, Python or other related languages would be an advantage.</li><li>Proficient level of English, any other major language (especially French) is considered as a plus.</li></ul>Personal skillsYou have multicultural communication skills, curiosity and are a phenomenal teammate. You’re comfortable multitasking and you show courage, integrity and you can build trust with partners. You are always in search of different, more efficient methods, you have a global mindset and you are comfortable taking the lead. You are able to use your experience and judgment with minimal supervision or direction.We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property &amp; Casualty and Life &amp; Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work.

Find your purpose at KPMG Luxembourg
We see a world of opportunity. From uncovering ways to digitalize, to enabling new sectors to take off, to building sustainability and resilience into economies, we know insights reveal new opportunities for all. We are diverse and dedicated problem solvers, part of the worldwide network of high-quality audit, tax and advisory services.We offer excellent career prospects that balance autonomy, flexibility and responsibility. Our comprehensive benefits inspire our people do and feel their best.Right now, we have more than 1800 employees from over 70 nationalities. Join our growing group of young and youthful innovators to uncover a world of opportunity together.Actuarial practice of KPMG in Luxembourg helps insurers and other financial institutions set and execute their strategy, in addition to providing advice in core actuarial and financial area. With our fast-growing team of actuaries, we help clients identify, measure and manage risks, and share effective implementation solutions to improve performance.Technology, part of KPMG DNA, is used in our projects to provide efficient and innovative solutions, and transform existing financial and regulatory reporting processes. Our clients include reinsurers, reinsurance captives, international and local insurers in life and non-life.What you will be working on<ul><li>Develop solution to complex problems for life/non-life insurance and reinsurance clients</li><li>Advice clients on the topics relating to IFRS 17, Solvency II and MCEV</li><li>Conduct actuarial/financial model development and validation assignments</li><li>Support the audit teams in the actuarial aspects of financial statements, including but not limited to the calculation of technical provisions</li><li>Assist with the development of proposals</li></ul>
What we look for<ul><li>You hold a Master's degree/PhD in either Actuarial Science, Mathematics, Economics or Finance</li><li>You hold an actuarial qualification from the USA, UK, French, Belgium, German or equivalent actuarial association</li><li>You have 0 to 2 years of experience in insurance as an actuary. Involvement in IFRS 17 implementation is a plus</li><li>You have a strong IT skill in actuarial and statistical tools (R, Python, VBA, Prophet, etc) and in MS office</li><li>You are a team player willing to share your experience</li><li>You are client-driven and solution oriented</li><li>You are fluent in English. French is considered an asset</li>
<li>You enjoy working in a multicultural environment</li>
</ul>
What you will getKPMG is where you will find the right opportunities to advance your career and the widest available range of possibilities so you can grow professionally. Make a real impact, join a diverse team of leading experts, work with global clients, and discover technological solutions.

Find your purpose at KPMG LuxembourgWe see a world of opportunity. From uncovering ways to digitalize, to enabling new sectors to take off, to building sustainability and resilience into economies, we know insights reveal new opportunities for all. We are diverse and dedicated problem solvers, part of the worldwide network of high-quality audit, tax and advisory services.We offer excellent career prospects that balance autonomy, flexibility and responsibility. Our comprehensive benefits inspire our people do and feel their best. Right now, we have more than 1800 employees from over 70 nationalities. Join our growing group of young and youthful innovators to uncover a world of opportunity together.We are seeking an Assistant Manager/Manager in Actuarial for our Risk Consulting departmentThe actuarial practice of KPMG in Luxembourg helps insurers and other financial institutions set and execute their strategy, in addition to providing advice in core actuarial and financial areas. With our fast-growing team of actuaries, we help clients identify, measure and manage risks, and share effective implementation solutions to improve performance.Technology is part of KPMG’s DNA. We use it in our projects to provide efficient and innovative solutions, and transform existing financial and regulatory reporting processes. Our clients include reinsurers, reinsurance captives, international and local insurers in life and non-life. We are looking for an experienced actuary/manager to take responsibility on actuarial projects. She/he will lead a team and participate in expanding our business locally and at an international level.What you will be working on<ul><li>Develop solution to complex problems for life/non-life insurance and reinsurance clients</li><li>Advice clients on the topics relating to IFRS 17, Solvency II and MCEV</li><li>Conduct actuarial/financial model development and validation assignments</li><li>Support the audit teams in the actuarial aspects of financial statements, including but not limited to the calculation of technical provisions</li><li>Assist with the development of proposals</li></ul>What we are looking for<ul><li>You hold a Master's degree/PhD in either Actuarial Science, Mathematics, Economics or Finance</li><li>You hold an actuarial qualification from the USA, UK, French, Belgium, German or equivalent actuarial association</li><li>You have 5 to 8 years of experience in insurance as an actuary. Involvement in IFRS 17 implementation is a plus</li><li>You have a strong IT skill in actuarial and statistical tools (R, Python, VBA, Prophet, etc) and in MS office</li><li>You are a team player willing to share your experience</li><li>You are client-driven and solution oriented</li><li>You are fluent in English. French is considered an asset</li><li>You enjoy working in a multicultural environment</li></ul>What you will getKPMG is where you will find the right opportunities to advance your career and the widest available range of possibilities so you can grow professionally. Make a real impact, join a diverse team of leading experts, work with global clients, and discover technological solutions.KPMG is an equal opportunities employer. We believe passionately that employing a diverse workforce is central to our success. Our recruiting decisions are based on your experience and skills.

In this role within the Life &amp; Health valuation team you will:<ul><li>provide iptiQ Life &amp; Health EMEA's liability valuations on different bases (Luxembourg statutory, US GAAP, Solvency II, EVM, IFRS, various statutory reporting bases);</li><li>provide actuarial assessments for the launch of new products and assist in the preparation technical notes for new and existing products;</li><li>provide actuarial input for the IFRS transition, including on methodology topics relating to the iptiQ Life &amp; Health portfolio;</li><li>provide actuarial assessments and feedback on valuation results to management;</li><li>provide valuation modelling methodologies and assumptions for L&amp;H products;</li><li>liaise with other iptiQ L&amp;H EMEA functions such as Finance, Products and Risk Management to ensure that iptiQ's valuation and risk management principles are in line with the Group standards;</li><li>support the regulatory reporting activities in conjunction with the Finance division and legal functions;</li><li>perform experience analysis and prepare the review of key actuarial assumptions to ensure long term profitability of business;</li><li>ensure an appropriate control framework is in place that matches with the business requirements;</li><li>contribute to the development and maintenance of deep knowledge of insurance practices and market developments within the European market, in particular Germany, the Netherlands, the UK, France, Spain, Italy and Ireland.</li></ul>About You<ul><li>University degree; mathematics, statistics, actuarial science or related field with proven mathematical skills and analytical ability or equivalent;</li><li>Qualified actuary or actively pursuing an actuarial qualification;</li><li>Work experience of 5 to 8 years in primary L&amp;H insurance and/or consulting environment with actuarial focus;</li><li>Good understanding of Luxembourg statutory, Solvency II and IFRS17 requirements for L&amp;H business;</li><li>Strong knowledge of the MS Office suite (particularly of MS Excel). Basic modelling skills (e.g. R/Python) is helpful;</li><li>You are a self-motivated, energetic, organized team player who likes to take initiatives and challenges.</li><li>You are comfortable in a fast moving, multi-cultural, cross-functional and international business environment;</li><li>Very strong verbal and written communication: ability to communicate complex issues to others in a clear and concise way;</li><li>Your English is excellent; French and/or German is a plus.</li></ul>About iptiQiptiQ is a risk tech start-up within Swiss Re Group. Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime.iptiQ provides digital, bespoke and transparent L&amp;H and P&amp;C protection products in a B2B2C manner. Founded in 2014, we're transforming the way consumers buy insurance with a unique digital insurance engine which incorporates the latest technology with world-class underwriting capabilities. We build strong partnerships to sell insurance via trusted brands.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. iptiQ embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work.

About iptiQ



<div>
iptiQ is a risk tech start-up within Swiss Re Group. Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. 
 
iptiQ provides digital, bespoke and transparent L&amp;H and P&amp;C protection products in a B2B2C manner. Founded in 2014, we're transforming the way consumers buy insurance with a unique digital insurance engine which incorporates the latest technology with world-class underwriting capabilities. We build strong partnerships to sell insurance via trusted brands. 
 
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. iptiQ embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work. 


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In this role within the Life &amp; Health valuation team you will:

 
•    provide iptiQ Life &amp; Health EMEA's liability valuations on different bases (Luxembourg statutory, US GAAP, Solvency II, EVM, IFRS, various statutory reporting bases); 
•    provide actuarial assessments for the launch of new products and assist in the preparation technical notes for new and existing products; 
•    provide actuarial input for the IFRS transition, including on methodology topics relating to the iptiQ Life &amp; Health portfolio; 
•    provide actuarial assessments and feedback on valuation results to management; 
•    provide valuation modelling methodologies and assumptions for L&amp;H products; 
•    liaise with other iptiQ L&amp;H EMEA functions such as Finance, Products and Risk Management to ensure that iptiQ's valuation and risk management principles are in line with the Group standards; 
•    support the regulatory reporting activities in conjunction with the Finance division and legal functions; 
•    perform experience analysis and prepare the review of key actuarial assumptions to ensure long term profitability of business; 
•    ensure an appropriate control framework is in place that matches with the business requirements; 
•    contribute to the development and maintenance of deep knowledge of insurance practices and market developments within the European market, in particular Germany, the Netherlands, the UK, France, Spain, Italy and Ireland. 
 

About you



Skills and Experience:

•    University degree; mathematics, statistics, actuarial science or related field with proven mathematical skills and analytical ability; 
•    Qualified actuary or actively pursuing an actuarial qualification; 
•    Work experience of 4+ years in primary L&amp;H insurance and/or consulting environment with actuarial focus;  
•    Understanding of Luxembourg statutory and Solvency II requirements for L&amp;H business; 
•    Good knowledge of IFRS 17 principles; 
•    Very strong knowledge of the MS Office suite (particularly of MS Excel). R or other programming languages useful; 
•    You are a self-motivated, organized team player who likes to take initiatives and challenges.   
•    You are comfortable in a fast moving, multi-cultural and international business environment; 
•    Very strong verbal and written communication: ability to communicate complex issues to others in a clear and concise way; 
•    Your English is excellent; French is a plus. 
 

We are an equal opportunity employer, and we value diversity at our company. Our aim is to live visible and invisible diversity – diversity of age, race, ethnicity, nationality, gender, gender identity, sexual orientation, religious beliefs, physical abilities, personalities and experiences – at all levels and in all functions and regions. We also collaborate in a flexible working environment, providing you with a compelling degree of autonomy to decide how, when and where to carry out your tasks.

 
We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.

 
#LI-Hybrid  
 
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Keywords:   
Reference Code: 116081 


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About iptiQ

 

<div class="swissre_jobtemplate">
iptiQ is a risk tech start-up within Swiss Re Group. Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. 
 
iptiQ provides digital, bespoke and transparent L&amp;H and P&amp;C protection products in a B2B2C manner. Founded in 2014, we're transforming the way consumers buy insurance with a unique digital insurance engine which incorporates the latest technology with world-class underwriting capabilities. We build strong partnerships to sell insurance via trusted brands. 
 
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. iptiQ embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work. 

 

 

 

 
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About the role:

 
As the Appointed Actuary for the Luxembourg legal entity, you would be responsible for the valuation and reporting of the insurance liabilities across a range of different bases. In addition, the team head is part of the product development and approval process for a growing range of iptiQ products, which span numerous European countries, with a focus on digital distribution. You would be a part of the Risk Management leadership for the global iptiQ function, and benefits from the experience and knowledge of being part of Swiss Re's global Risk Management community.

 

As iptiQ is a growing business with new products being launched each year, this role will suit a dynamic and versatile actuary who has the capability to develop new processes in a changing environment, and one who enjoys close and active collaboration with functions outside of valuation (e.g. Pricing, Product Development and Finance). The role offers much room to design and develop efficient processes to support the rapidly growing iptiQ portfolio, within a digital and data-driven organisation. Effective collaboration with relevant expert functions across Swiss Re Group is an important lever to get results. Convincing communication of valuation results and trends with a strategic perspective to the iptiQ EMEA Leadership Team, Board of Directors, iptiQ Reserving Committee as well as to iptiQ's Global Executive Management Team is key.

 

In this role you will:

 

 

<ul>
	<li>provide leadership and direction to the EMEA L&amp;H actuarial function as well as manage its processes in close collaboration with Finance and the Valuation Operations team;</li>
	<li>report iptiQ EMEA's liability valuations on different bases (Luxembourg stat, US GAAP and in the future IFRS, Solvency II, EVM);</li>
	<li>provide actuarial input for the IFRS transition, including methodology decisions relating to the iptiQ portfolio;</li>
	<li>ensure the iptiQ EMEA Leadership Team and the iptiQ EMEA L&amp;H Board of Directors are provided with in-depth actuarial views of iptiQ EMEA's technical provisions;</li>
	<li>liaise with other iptiQ functions such as Finance, Products, Underwriting and Claims, as well as with global Risk Management and Actuarial functions to ensure that iptiQ's valuations are appropriate, factor in relevant insights and follow Swiss Re Group reserving principles;</li>
	<li>support the regulatory reporting activities in conjunction with the Finance, Legal and the broader Risk Management functions;</li>
	<li>collaborate with the actuarial Valuations Operations team to understand and interpret the reserve figures, and ensure the correct modelling of new products;</li>
	<li>review experience analyses and key actuarial assumptions which underpin the long term profitability of iptiQ's business and lead the process to propose and present reserving assumptions to the iptiQ Reserving Committee;</li>
	<li>ensure an appropriate control framework is in place that matches with the business requirements;</li>
	<li>develop and maintain deep knowledge of insurance practices and market developments in Europe, in particular in Germany, the Netherlands, the UK, and Ireland.</li>
	<li>provide actuarial assessments of new transactions and compile technical notes for new and existing products.</li>
</ul>

 

About You:

 

 

<ul>
	<li>University degree; mathematics, statistics, actuarial science or related field with proven mathematical skills and analytical ability;</li>
	<li>Qualified actuary (e.g. French Association of Actuaries or equivalent);</li>
	<li>Work experience of 10+ years in L&amp;H (re-)insurance and/or consulting environment with actuarial focus;</li>
	<li>Excellent understanding of Luxembourg statutory, Solvency II and IFRS reserving for L&amp;H business, good knowledge of US GAAP;</li>
	<li>Keen appreciation of sound risk management and Solvency II requirements;</li>
	<li>Well organized, motivated teammate and comfortable in a multi-cultural environment;</li>
	<li>Strong verbal and written communication: communicate complex issues to others in a clear and concise way;</li>
	<li>Proficient in English; French is an advantage</li>
</ul>

 

We are looking forward to your application!

 

We are an equal opportunity employer, and we value diversity at our company. Our aim is to live visible and invisible diversity – diversity of age, race, ethnicity, nationality, gender, gender identity, sexual orientation, religious beliefs, physical abilities, personalities and experiences – at all levels and in all functions and regions. We also collaborate in a flexible working environment, providing you with a compelling degree of autonomy to decide how, when and where to carry out your tasks. 
  
We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.
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Keywords:   
Reference Code: 113441 

 
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