Reserving and Modelling Analyst M/F

Crédit Agricole

Dublin
Permanent
Full-time

2 months ago

Crédit Agricole Assurances, France's largest insurance group, unites together Crédit Agricole's insurance subsidiaries. The Group offers a range of savings, retirement, health, personal protection and property insurance products and services. They are distributed by the Crédit Agricole's banks in France and in seven other countries around the world by financial advisers and multi-line insurance agents. The Crédit Agricole Assurances companies serve individuals, professionals, farmers and businesses. At the end of 2022, Crédit Agricole Assurances has 5,700 employees and Its premium income amounted to €35.3 billion (IFRS).As the leader creditor insurance operator in France,the third-biggest European specialist in this segment, the 1rst in France concenrning the death benefit, funeral and dependence insurances , we provide a comprehensive range of financial protection products and services to cover the risks due to death, off work, dependence for families, employees and professionals through multi-channel pathways integrated into our partners' processes : retail banks and specialised financing companies in France and Europe. It represents around 500 employees located in Paris, Lille, Dublin and Milan.
Working every day in the interest of society, our Group is committed to diversity and inclusion. To find out more on our Diversity Policy, click here: https://www.credit-agricole.com/en/pdfPreview/198689Reference 2024-85950Publication date 12/02/2024Job descriptionBusiness typeTypes of Jobs - InsuranceJob titleReserving and Modelling Analyst M/FContract typePermanent ContractExpected start date11/03/2024Management positionNoJob summaryDUTIES AND RESPONSIBILITIES

Reserving

Calculate reserves in a timely and accurate manner
Participate in the development and testing of new methodologies for calculating the technical reserves
Produce control cards in line with risk management requirements of internal control
Conduct experience surveys on mortality, morbidity, lapse etc.
Participate in the updating of reserving policies and measure the impact of the updated reserving policies
Review the Technical Accounts and Reinsurance accounts on an ongoing basis to ensure

they are in line with the current Reserving Policy * Produce and check the Profit Shares calculated for our partners in line with our agreements

Help prepare the yearly Medium Term Plan/budget for review by Modelling team in Paris
Assist in defining reporting requirements while setting up new partners / products
Assist in the production of technical notes as necessary for the regulator
Processes

Develop, update, implement and improve control processes related to the activity of the actuarial department
Participate in the writing of procedures
Presentation to banks partners

Calculate Profit Share accounts in a timely and accurate manner
Participate in the development of new analysis tools for understanding and explaining the technical reserves and result
Meet with partner banks to explain technical topics to non-technical audience, present their accounts and answer their questions
External relations

Liaise with other teams (Reinsurance, S2, IFRS17, consolidation, ADICAM, …) around analysis and interpretation of results
Answer questions and provide information to audit and external reviewers including Head of Actuarial Function
Develop good relationships with French Finance team and CAA's team
With IT, Project, Administration & Operations, Finance and Business Development Departments
With corporate clients and Third Party Administrators (TPA)
ACPR ( French regulator)
External consultants

Position locationGeographical areaEurope, IrelandCityDublinCandidate criteriaMinimal education levelPostgraduate degree - MA/MSc/PhD/Doctorate or equivalentAcademic qualification / Speciality

Trainee Actuary with a minimum of 2-3 years' experience

Level of minimal experience3-5 yearsExperience

Experience with SAS an advantage
Experience with VBA an advantage
Experience working with Microsoft packages, particularly Excel, a necessity

Crédit Agricole

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