Actuarial Consultant (Risk Modelling)

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.

About the role

We are looking for Quants and IT affine professionals experienced in the insurance industry to join our team.

How you will get the job done

• developing and maintaining various technical solutions for ERGO Group Risk Management (IDP – “individual data processing”): a technical solution for the coordination of model changes in the Munich Re Group Internal Model and Technical Provisions, and a technical solution for the tracking of findings (validation, internal and external auditor, etc.)
• new setting up of calculation tools for risk capital calculations
• setting up of professional database solutions for the results of risk capital calculations
• further developing and maintaining of IDP tools
• maintaining and customer supporting regarding “Excel best practice”
• establishing and maintaining professional SharePoint environment for information and data exchange between ERGO Group Risk Management and the single insurance companies, including in particular concepts for access rights

Skills and experience you will need

• fluent English
• university degree in mathematics, computer science or comparable education
• advanced programming skills ideally in R, VBA, Matlab
• understanding and experience in data models and data processing
• capability of understanding business requirements and implementation of those (bridge to IT)
• basic understanding of quantitative risk management for insurance companies
• very good communication skills and a strong team spirit
• ability to work independently
• proactive approach to work
• willingness to travel abroad (once-twice per quarter, 2/3 days)

Nice to have

• actuarial qualification
• fluent German