The role:

The Senior Actuarial will play a pivotal role in underwriting and pricing to ensure profitable growth and competitive product offerings in the European travel insurance market. This position requires strong analytical skills and collaborative efforts across various teams to support strategic decisions and operational efficiencies.

Main Responsibility:

• Pricing & Underwriting

Innovative Underwriting: Respond to insurance tenders from partners with innovative and tailored solutions, ensuring competitive and comprehensive offers.

Advanced Pricing: Lead the development and implementation of a structured, standardized pricing methodology. Review and adjust pricing models for product renewals and enhancements in collaboration with the Commercial and Marketing teams. Regularly challenge and update current pricing strategies to maintain market competitiveness.

Strategic Collaboration: Accompany the Commercial team in discussions and negotiations, providing expert insights and technical support to ensure optimal outcomes.

• Profitability monitoring

Profitability Tracking: Automate and enhance the profitability monitoring processes for international contracts. Develop and maintain dashboards for technical and financial reporting to management.

Data Quality Oversight: Ensure data quality standards; track data quality issues and ensure timely resolution by the data team, providing guidance and support as needed.

Cross-Team Coordination: Enhance communication and coordination with teams involved in managing large accounts, particularly with counterparts in the US, to increase efficiency and effectiveness in international operations.

• Forecasting and Financial Management

Coordination and Financial Strategy: Coordinate with finance teams in Paris, Dublin, and Group Claim Center in Madrid to refine budgeting, forecasting, and financial closing processes. Actively contribute to the company’s strategic direction, helping to meet or exceed specific corporate targets.

Process Optimization: Implement robust and efficient processes to facilitate collaboration during forecasting and budgeting activities across teams and locations.

• Technical and Strategic Contribution

Product Standardization: Drive efforts towards product standardization across different markets to ensure consistency and compliance with regulatory and company standards.

Innovation and Excellence: Adopt innovative practices and standards within the technical domain to maintain a competitive edge.

Technical Reference: Contribute to building best practices in terms of pricing activities to be shared and used across the Group.

Support local teams on technical projects if needed.

Minimum 5 years as an Actuary with a P&C background.

Master’s degree in Actuarial Science, Statistics, Mathematics, or related field.

Proven experience in insurance pricing, underwriting, and profitability analysis.

Strong analytical and problem-solving skills, with proficiency in actuarial software and tools (R, Akur8)

Excellent communication and collaboration skills, capable of working effectively across diverse teams.

Fluent in English (working language in written & spoken - daily use)

HR - N+1 / N+2