Senior Actuary (Quantitative Risk Management / IFRS)*

The Viridium Insurance Group is a specialist in the efficient management of life insurance assets. This means we acquire insurance companies and their contracts, integrate them into our organization and continue the contracts in the long term.

The Viridium Group includes Entis Life Insurance, Heidelberg Life Insurance, Proxalto Life Insurance and Skandia Life Insurance.

Viridium companies maintain 3.2 million life insurance contracts and assets of EUR 68 billion. Viridium is thus one of the largest life insurance groups in Germany and contributes to the fact that life insurance remains a reliable part of the private pension provision for millions of people.

They become part of the Quantitative Risk Management section. The area is central to all Viridium Group Solvency II calculations and ensures that all quantitative regulatory requirements are reliably met. This also includes coordination with relevant interfaces, in particular with regard to assumptions and data deliveries from the fields of investment, control life, as well as product and balance-sheet mathematics. The area is divided into two specialized teams: The team reporting with currently five colleagues is responsible for the calculations of Solvency II and Embedded Value key figures and the quantitative parts of the ORSA. In addition, the team creates the narrative Solvency II reports - both the report on supervision (RSR) and the report for the public (SFCR). The modelling team develops and maintains the academic assessment models used throughout the company for all quantitative evaluations - from Solvency II to Embedded Value. The focus is on close cooperation with adjacent specialist areas in order to continuously develop the models and adapt them to new requirements. In the future, the area will also take over the calculations and deliveries for the IFRS-17 report - a company-wide project for the introduction of IFRS 17 in several departments has already started. As a senior actuar:in you take over the implementation of the IFRS-17 report for the Viridium Group, develop the associated software solutions and participate in the professional interpretation of actuary issues. The position is located directly in the direction of the Quantitative Risk Management area.

That's why this job could be interesting for you: Entry into IFRS 17: The position is aimed at experienced actors: women with a high affinity for the financial-mathematical assessment of insurance and software development and also offers the opportunity to learn, design and develop IFRS 17 in a practical manner. Special responsibility: They have a significant impact on IFRS-17 reporting and take over the care and development of the underlying software solutions Team culture: They work in a competent and sympathetic team that places great emphasis on cooperation and knowledge sharing - new colleagues: they are quickly integrated and benefit from the close cooperation in the team That would be your specific tasks Specialised incorporation in IFRS 17 and adjacent accounting standards - with a focus on their academic implementation in life insurance Conception, implementation and plausibility of group-wide IFRS-17 reporting based on actuary models and insurance parameters Technical support and further development of the used software solutions for the mapping of IFRS 17 Analysis of actuary issues in the context of IFRS 17 and participation in the internal interpretation and operationalisation of new regulatory requirements Cooperation with other departments - in particular accounting, product development and IT - within the framework of the IFRS-17 implementation project and beyond Creation of documentation, decision bases and presentations for internal and external stakeholders

Completed study of mathematics or computer science (Diplom, Master), total score at least “good” Additional qualification in probability theory (stochastics), mathematical statistics, financial mathematics or comparable training of advantage Multiannual practice in actuary environment focusing on Solvency II (pillar 1) or IFRS 17 routine in the application of stochastic assessment procedures under Solvency II or IFRS 17 Experience with the development and care of academic assessment models Very good programming skills, ideal in R Very good German knowledge in word and writing, good English knowledge

With a young, innovative business model of the established insurance industry, show new ways. To help ensure that life insurance remains a reliable part of the private pension provision for millions of insured persons in the future.

Together with colleagues who are among the best of their expertise, work on interesting and demanding tasks. Bringing in and implementing their own ideas. A friendly, cooperative working environment. Short paths and fast but careful decisions. And also: Remuneration package: basic salary (12 monthly salaries) plus bonus Hybrid working model: Flexible mix of 60% home office and 40% work on site 40 hours per week (in full time) 30 days holiday (Heiligabend and New Year's free days) Budget for participation in external training Internal learning platform and training programs (e.g. project management) Mental Health Platform (on request 4 coaching sessions) Benefits and occupational pensions (direct insurance, 20% employer grant) Job-Bike Leasing Parking directly at the building IT equipment: Windows laptop, up to 2 screens, headset, VoIP telephony, MS teams JOBV1_EN