Job Description & Summary

A career in actuarial services will give you the opportunity to contribute to general insurance advisory and consulting services for clients such as insurers, banks, regulators, and external administrators. You will provide advice on solvency, economic capital, risk management, mergers and acquisitions, corporate restructuring and risk control, financial models, underwriting, new legislation and the efficiency of claims or reporting processes. In short, you will be able to help analyze the impact that new regulations will have on an insurance company's balance sheet or you could review business projections ensuring they have adequate reserves.

What will your functions be?

Participate in cutting-edge Actuarial services projects Non-Life:

• Analysis of technical provisions with international best-practice methodologies.

• Participate in Solvency II Pillar I (SF and MI) Implementation projects in Non-Life Insurance Companies.

• Actuarial Consulting to Non-Life Insurance Companies.

• Actuarial Consulting in IFRS17 projects.

• Due Diligence in M&A processes.

Participate in cutting-edge Actuarial services projects Life:

• Actuarial audit to Spanish and Multinational Life Insurance Companies according to Spanish regulations and IFRS.

• Review of MCEV and EC to Multinational Life Insurance Companies integrated into international teams.

• Actuarial Consulting in Prophet to Life Insurance Companies.

• Actuarial Consulting in IFRS17 projects.

• Due Diligence in M&A processes.

What are we looking for?

• We are looking for students of a degree in Actuarial Sciences or a Master in Actuarial Sciences. We also value quantitative profiles with a technical focus.

• A high level of English is required, although knowledge of other languages will also be positively valued.

• If you have internships in Actuarial Consulting/Auditing or in an insurance company, it will be valued.

• Knowledge of a pricing or reserving tool at user level will be valued: IBNRS, ResQ, MGate.

• Knowledge of an actuarial valuation tool at programmer level will be valued, preferably Prophet and knowledge of Embedded Value, Solvency II Pillar I and IFRS17.

• Experience in programming languages such as: Python, VBA, R, C++, SAS, Matlab or other symbolic algebra tools will be valued.

• Ability to work in a team, customer orientation, and interest in continuous training.

What do we offer?

• Incorporation with a paid internship in a leading international audit/consulting firm.

• Projects with a strong international character in best-practice companies.

• In-house training plan.

• Excellent working environment in small teams, autonomy and adaptable schedules.

• Detailed career plan and possibility of starting an international career.

We take time to evaluate your profile, so we would like you to attach your academic record along with your updated CV and we will contact you as we progress in the process.