Senior Actuarial Function
10 uur geleden


The Actuarial Function & Validation department is in charge of the tasks foreseen in the Solvency II directive and Belgian legislation.

It coordinates the valuation of technical provisions, challenge methods, assumptions and data and provides advices on both underwriting and reinsurance.

Additionally, the department coordinates the Solvency II internal model validation, ensures its local suitability and continuous enhancement.

The Actuarial Function & Validation department has the following key responsibilities :

Adequacy of technical provision

  • Revision of technical provision under both economic and statutory framework;
  • Ensure the appropriateness of the methodologies, underlying models used as well as the assumptions made in the calculation of technical provisions;
  • Regular interaction with the auditor and / or regulator
  • Opinion on underwriting

  • Ensure adequate pricing of insurance products, taking into consideration the underlying risks and the impact of options and guarantee.
  • Assess the underwriting and reinsurance policy with regard to the risk appetite.
  • Provide recommendations on risk acceptance
  • Contribution to the Risk Management

  • Contribute to the ORSA
  • Contribute to the risk modelling
  • Coordinate Internal model validation :

  • Ensure local suitability of group internal model
  • Drive the continuous development of internal model
  • Enhance risk modelling and economic capital computation
  • Maintain sound governance framework
  • As senior expert, you intervene on a broad set of actuarial topics, especially in IARD and worker’s compensation business line.

    You lead different projects, coordinate large panel of stakeholders and act as mentor within the team.

    Your profile

  • Master in actuarial sciences, mathematics or statistics
  • Fluent in English and French or Dutch
  • Target minimum 5 years’ work experience in Risk Management or Actuarial Studies
  • Good knowledge of P&C insurance risks, Solvency II regulation and provisioning practices.
  • Communication, negotiation and presentation skills.
  • Ability to deal effectively with other technical experts as well as senior management and non-technical audiences
  • Intellectual curiosity, culture of innovation
  • About AXA

    AXA Group is the world leader in insurance and asset management. We protect and advise our clients at every step in their lives, by offering products and services which satisfy their needs in the areas of insurance, personal protection, saving and asset management.

    AXA is the leading insurance brand worldwide, with over 100 million clients. We are transforming from payer to partner for our client, with a strong focus on risk prevention.

    Our mission? Empower people to live a better life.

    Our values? Customer First, Courage, Integrity and One AXA.

    AXA is market leader in the insurance sector in Belgium, with a strong presence in financial services as well. Did you also know that in Belgium nearly 3 million clients put their trust in us at all crucial moments in their lives?

    No matter what happens, we are always here for them, today and tomorrow!That is why we constantly reinvent ourselves and thus our Way of Working focuses on welfare, diversity and inclusion.

    And on your talents, on your experience. Discover what we mean.

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