Business Actuary - Valuation

DKV is part of the international Munich Re Group, one of the world's largest reinsurers. Working for DKV means working for the Belgian market leader in private health insurance.

It also means striving for values such as customer and result orientation, integrity and involvement (organisational commitment). We are building an open and inclusive corporate culture based on trust, teamwork, transformational leadership and a sense of initiative.

Together, we put these values into practice every day to further strengthen the trust of our two million policyholders.


Function:

As an actuary at S&M Team, you determine the premium required for existing and new products, monitor their profitability, and calculate the BGAAP and IFRS reserves.

To do this, you use statistical methods to analyze observed claims and portfolio evolutions and actuarial software to estimate further evolutions. You will work in a dynamic and driven actuarial team, but you will also work closely with other colleagues within S&M Team.

You will contribute to

  • the setting of the premium for new individual and group products,
  • formulating recommendations for adjusting premiums for existing products,
  • the monitoring of the profitability of the products and the portfolio,
  • the calculation of reserves based on various technical parameters and explaining the evolutions,
  • estimating actuarial assumptions for use in premium setting, provisioning and Solvency II,
  • the automation of processes where possible e.g., the calculation and reporting processes,
  • ad hoc analyses on internal or external demand (including actuarial function, risk management, parent company, auditor, Assuralia, ...),
  • the IFRS ⚠ project, and
  • explaining results to colleagues, management and other stakeholders.


Profile:

  • You have an actuarial, mathematical or economic degree and preferably have several years of experience in similar positions.
  • You are a team player and you actively work together with the other members of the team and with other teams within DKV in the context of projects, actuarial analyses, closings….
  • You take initiative in continuously improving your knowledge and you are prepared to share that knowledge.
  • You tackle problems in a constructive and proactive manner.
  • You work accurately, pragmatically and efficiently. You have a critical mind, you are analytical and you easily link facts and figures.
  • You can fluently translate actuarial technical matter to colleagues and management, both in writing and orally.
  • You have a very good knowledge of English (both written and oral) and you have sufficient professional knowledge of French and Dutch.
  • You have a good knowledge of the MS Office programs.
  • Experience in actuarial and / or statistical software such as Prophet, ResQ and / or “R” is an asset.


We offer:

At DKV we offer you a varied job with growing opportunities (thanks to trainings, coaching, projects and internal mobility) and all this in the heart of Brussels (close to the Grand Place and the central station).

Besides a competitive gross salary, we offer an extensive standard package of extra-legal benefits:

  • year-end premium (⚠th month)
  • competitive insurance package (hospitalization insurance, ambulatory insurance, guaranteed income insurance and pension plan)
  • discount on DKV insurance products
  • free public transport
  • company restaurant
  • meal vouchers
  • eco cheques
  • gift voucher
  • collective company premium (CLA ⚠)
  • internet allowance
  • homeworking allowance

Moreover, you can also count on an attractive leave scheme (at least ⚠ days), flexible working hours and the possibility to homework up to three days a week. This way of hybrid working guarantees you a good balance between work and your private life.


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