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Location

Hybrid Remote, Germany

Salary

£30000 - £50000 /year

Job Type

Full-time

Date Posted

March 10th, 2025

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Actuary (DAV) – Life Reinsurance Systems Modernization-Cologne at N Consulting Ltd

Location

Hybrid Remote, Germany

Salary

£30000 - £50000 /year

Job Type

Full-time

Date Posted

March 10th, 2025

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Job Title: Actuary (DAV) – Life Reinsurance Systems Modernization

 

Location: 

 

Project Name: Modernization of Reinsurance Systems

 

Job Description:

 

We are seeking a qualified Actuary (DAV) to support our life reinsurance systems modernization project. The ideal candidate will have a strong background in life reinsurance and primary life insurance actuarial practices, with experience in technical specifications and system testing.

 

Key Responsibilities:

 

Technical Specifications & Testing: Assist in developing technical specifications and conduct testing for the new billing system tailored to life reinsurance operations.

 

Actuarial Collaboration: Work on actuarial matters related to both life primary insurance and life reinsurance portfolios, ensuring accuracy and compliance with industry standards.

 

Qualifications:

 

Educational Background: Bachelor's or Master's degree in Mathematics, Business Mathematics, Insurance Mathematics, Physics, or a related field with a strong mathematical focus.

 

Professional Experience: Minimum of 4 years of experience in life reinsurance and actuarial functions within life primary insurance.

 

Professional Certification: Membership with the German Actuarial Association (DAV) or equivalent actuarial certification.

 

Skills and Competencies:

  • Analytical Skills:

 

Job Title: Actuary (DAV) – Life Reinsurance Systems Modernization

 

Location: Cologne

 

Job Type: [Full-Time/Part-Time/Contract]

 

Project Name: Modernization of Reinsurance Systems

 

Job Description:

We are seeking a qualified Actuary (DAV) to support our life reinsurance systems modernization project. The ideal candidate will have a strong background in life reinsurance and primary life insurance actuarial practices, with experience in technical specifications and system testing.

 

Key Responsibilities:

 

Technical Specifications & Testing: Assist in developing technical specifications and conduct testing for the new billing system tailored to life reinsurance operations.

 

Actuarial Collaboration: Work on actuarial matters related to both life primary insurance and life reinsurance portfolios, ensuring accuracy and compliance with industry standards.

 

Qualifications:

 

Educational Background: Bachelor's or Master's degree in Mathematics, Business Mathematics, Insurance Mathematics, Physics, or a related field with a strong mathematical focus.

 

Professional Experience: Minimum of 4 years of experience in life reinsurance and actuarial functions within life primary insurance.

 

Professional Certification: Membership with the German Actuarial Association (DAV) or equivalent actuarial certification.

Skills and Competencies:

 

Analytical Skills: Strong analytical abilities with attention to detail in actuarial assessments and system specifications.

 

Technical Proficiency: Experience in developing and validating pricing, reserving, and valuation models for life reinsurance products.

 

Communication: Excellent interpersonal skills to collaborate effectively with cross-functional teams, including IT, underwriting, and finance.

 

Problem-Solving: Ability to conduct risk assessments and data analysis to support informed decision-making in reinsurance processes.

 

Project Management: Experience in contributing to system modernization projects, ensuring actuarial accuracy and system efficiency.

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