Actuary

Life Actuary - Insurance Brussels Peripheries

For one of our clients, we are actively looking for a Medior Life Actuary based in the outskirts of Brussels.

Our client is a well-established insurance company operating in the Belgian market and committed to developing innovative life insurance solutions. To strengthen its actuarial department, they are seeking a Medior Life Actuary to join a dynamic team based near Zaventem.

This position offers a broad range of responsibilities, close collaboration with the Finance, Risk, and Product teams, and excellent long-term career development opportunities.

Role

As a Life Actuary, you will actively contribute to actuarial activities related to life insurance products, regulatory reporting, and portfolio profitability analysis.

You will work on a variety of topics, ranging from technical provisions to transformation projects, while collaborating closely with different departments across the company.

Your Responsibilities

Actuarial Reporting

Participate in quarterly and annual closing activities.
Calculate and analyze technical provisions.
Contribute to financial and regulatory reporting.
Support reporting exercises related to Solvency II and IFRS 17.

Actuarial Analysis

Perform portfolio and profitability analyses.
Monitor actuarial assumptions and recommend adjustments where appropriate.
Conduct experience analyses (mortality, lapses/surrenders, expenses, etc.).
Participate in sensitivity analyses and scenario testing.

Model Development and Improvement

Maintain and enhance actuarial models.
Contribute to the automation of calculation and reporting processes.
Develop analytical and data quality control tools.

Projects

Participate in actuarial transformation projects.
Collaborate with the Finance, Risk, Data, and IT teams.
Contribute to the continuous improvement of processes and tools.

Profile

Master's degree in Actuarial Science, Mathematics, Statistics, or another quantitative discipline.
3 to 6 years of experience in life insurance.
Strong knowledge of life insurance products and actuarial methodologies.
Experience with Solvency II and/or IFRS 17.
Proficiency in Microsoft Excel and knowledge of at least one programming language such as Python, SAS, R, or SQL.
Strong analytical mindset with a solution-oriented approach.
Excellent communication skills, with the ability to interact effectively with both technical and business stakeholders.
Fluent in French or Dutch, with a good command of English.

Offer

Permanent employment contract.
A varied role within a well-established actuarial department.
Opportunity to contribute to strategic and regulatory projects.
Collaborative team environment that encourages professional growth and skill development.
Extensive training opportunities and strong internal career progression.
Flexible hybrid working policy (up to 2–3 days of remote work per week).
Modern, easily accessible offices in the Flemish Brabant area.

Compensation & Benefits

Gross monthly salary between €4,800 and €7,000, depending on experience.
Company car or mobility budget.
Group insurance (supplementary pension plan).
Hospitalization insurance.
Meal vouchers.
Eco vouchers.
Annual performance bonus.
Net expense allowance.
Flexible working hours and hybrid working arrangements.
Approximately 38 to 40 days of annual leave, depending on the company's working time scheme.

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