Actuarial Consultant (Risk)

About Us

ERGO Technology & Services S.A. (ET&S S.A.) was established in January 2021 following the integration of ERGO Digital IT and Atena into one entity, leveraging both companies’ strengths and best practices. As a part of ERGO Technology & Services Management AG, the technology holding of ERGO Group AG, we support millions of internal and external customers with state-of-the-art IT solutions to everyday problems.

In October 2022, ET&S S.A. expanded its scope of operations by creating a Business Services unit to contribute in a new way to the growth of ERGO’s business. Acting as a co-partner and internal consultant, it adds non-IT value and supports the development of the entire ERGO Group, currently offering skills in reporting, analysis, actuarial, and input management. We are committed to fostering innovation and meeting the evolving needs of our clients worldwide.

Discover how we implement AI, IoT, Voice Recognition, Big Data science, advanced mobile solutions, and business-related services to anticipate and address our customers’ future needs.

How you will get the job done

• technical overseeing and executing the validation of models used to calculate risk and technical provisions, including formulation of validation results and defining appropriate actions/recommendations as well as preparing validation reports
• working on a new setup of calculation tools and professional database solutions for the results of risk capital calculations
• further development and maintenance of individual data processing tools
• developing and maintaining various technical solutions and approaches for the coordination of model changes and tracking of results (validation, internal and external auditor, etc.) in the ERGO Group
• supporting our closing processes by carrying out Internal Model and Standard Formula calculations for our Life and Health insurance companies
• analysing the movements of Risk Capital and Own Funds and provide explanations for the risk report
• preparing Perform Data Quality Checks and roll forward of ORSA, RSR and SFCR

Skills and experience you will need

• fluent English
• university degree in mathematics, computer science or comparable education
• professional experience in Life and/or Health insurance in one of the following fields: risk management, actuarial, statistics, IFRS17 or ALM
• programming skills ideally in R, VBA, Matlab
• experience in data models and data processing
• understanding business requirements and implementation of those
• very good communication skills and a strong team spirit
• ability to work independently
• proactive approach to work

Nice to have

• fluent German