Reserving Actuary

Job Title: Reserving Actuary

Business Unit: Actuarial

Contract Type: Permanent

Location: The Anchorage 17-19 Sir John Rogersons Quay, Dublin 2, D02 DT18

About BNP Paribas

At BNP Paribas, we center our values on what drives the company forward. Our driving forces are Agility, Client Satisfaction, Compliance Culture and Openness.

• Agility: we want to behave more simply to embrace useful innovation and digital transformation. 
• Client Satisfaction: we believe that our success lies in being the customers' and clients' preferred choice.
• Compliance Culture: we believe in promoting clear rules to foster a strong culture of compliance and ethics 
• Openness: we promote open-minded attitudes towards our stakeholders. We aim for everyone in Group to feel included, to have their say and be empowered

Role:

Greenval Insurance Company DAC is a non-life insurance company and member of BNP Paribas, a European leader in banking and financial services that ranks among the world's top 15 banks by market capitalisation. Greenval Insurance offers motor insurance to the customers of other Group members in 20 countries.

Reflecting the continued and expected future growth of the Company, the position of Reserving Actuary within the Actuarial Department has been created.

Key Responsibilities:

• Reporting to the Actuarial Manager the successful candidate will perform day-to-day operations of the department to include;
• Assist with key quarterly deliverables, including:
  1. Solvency II reporting;
  2. reserving committee;
  3. pricing committee;
  4. forecast process;
• Assist with key annual deliverables, including:
  1. Solvency II reporting;
  2. Budget process;
  3. ORSA process;
  4. Interaction with the HoAF and auditors;
• Implement process enhancements;
• Work with the Business Development Department to enhance reporting to clients;
• Work with the Underwriting Department to enhance pricing;
• Work with the Operations Department to enhance data quality and reporting;
• Work with the Finance Department to ensure smooth interaction between the two departments and to achieve further synergies.

Qualifications & Experience required for this role:

Requirements:

• Qualified/Part-qualified Actuary; 
• Experience in a non-life insurance environment desirable but not critical;
• Motivated to progress towards management;
• Motivated to learn pricing, reserving, and capital modelling;
• Motivated to learn Solvency II and IFRS 17;  
• Excellent analytical and communication skills;
• Flexible attitude and proactive approach;
• Strong results and client driven approach; and

Skills:

• Ambitious for progression.
• Innovative use of computer software packages;
• Knowledge of SAS, R, Python and other relevant software desirable but not critical;
• Knowledge of ResQ and/or other non-life reserving software desirable but not critical;
• Excellent use of Excel;
• Ability to streamline and automate processes;
• Willingness to contribute to multiple projects;
• Strong capacity to adapt in a multicultural environment; and
• Knowledge of European Languages, particularly French, is an asset.

Why Work with Us?

• We are the bank for a changing world and aim to build positive change together with our employees
• We are a team of passionate people who genuinely care about what we do and the impact our work delivers to our clients. We operate in a highly collaborative, open-minded environment that embraces innovation and creativity 
• Our remuneration and benefits packages are generous, with competitive salaries, a discretionary bonus scheme, company pension contribution, comprehensive private healthcare packages, and numerous other benefits
• We have a genuine commitment to work-life balance throughout the whole organisation. We are also committed to equality, diversity and inclusion and actively promote equal opportunities. 
• Development and mobility is actively encouraged. We are a learning company - there is real opportunity to grow, develop and expand your skills, experience and career path. 
• We are a global company operating in over 60 countries with over 190,000 employees from over 150 nationalities. In Ireland we have approximately 500 employees across Dublin and Galway working in Corporate Institutional Banking (CIB) and BNP Paribas Security Services (BP2S) and Greenval.

Compliance Culture: We believe in promoting clear rules to foster a strong culture of compliance and ethics.  We would expect any incoming member of staff to respect all financial security related legislation, including: anti-money laundering (AML); countering the financing of terrorism (CFT); international financial sanctions and embargoes (IFS); anti-bribery and corruption (ABC); KYC; ongoing client related data screening; and transaction monitoring.  BNP Paribas have clear policies on these topics which all staff are expected to familiarise themselves with upon successful entry to the Group.

Equality and Diversity

BNP Paribas is an equal opportunities employer and proudly cultivates a diverse workforce. We believe that diversity of experience enhances our service offering to clients and leads to a better working environment. We encourage applications from the best candidates regardless of age, ethnicity, gender, gender identity, nationality, disability, sexual orientation, socio-economic background, parental and caring status, or religious belief.

By submitting your application, you agree to BNP Paribas completing a background check and screening in advance of any potential offer being made