Senior Reserving Actuary

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Senior Reserving Actuary

Czech Republic Full-time
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We are seeking a Senior Non-Life Actuary to join our international actuarial team in Prague. In this role, you will contribute to advanced actuarial modelling, reserving, and financial steering within a dynamic reinsurance environment. You will collaborate closely with Underwriting, Risk, and Finance to deliver high‑quality insights supporting business performance and regulatory compliance. This position offers the opportunity to work on complex portfolios while shaping actuarial methodologies and processes within a growing organization.

What You Can Expect

  • Responsibility for advanced actuarial modelling and methodology development, including implementation and validation of complex non‑life reinsurance models
  • Preparation and analysis of technical provisions under Solvency II and IFRS 17 frameworks
  • Contribution to financial planning and portfolio analysis, including identification of key profitability drivers
  • Preparation of liability inputs for Asset Liability Management (ALM) and understanding their impact on capital and financial results
  • Ownership and enhancement of actuarial tools and models, including continuous improvement and automation initiatives
  • Actuarial assessment of complex reinsurance treaties, including non‑standard cases
  • Active participation in Partial Internal Model (PIM) development, validation, and application
  • Contribution to process optimization, digitalization, and data-driven improvements across actuarial activities
  • Close collaboration with Underwriting, Risk Management, Controlling, and IT, ensuring alignment across functions
  • Opportunity to mentor junior colleagues and support knowledge sharing within the team

What We Expect

  • Degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field
  • At least 3 years of experience in non-life actuarial techniques with non-life reserving calculations, ideally within reinsurance
  • Strong working knowledge of regulatory frameworks - IFRS 17, Solvency II, and potential local GAAPs or local regulatory standards
  • Familiarity with standard reserving tools (e.g. ResQ or similar)
  • Solid programming and data skills (Python, SQL, Power BI or comparable tools), Power Query is an advantage
  • Proficiency in the Office365 suite for daily reporting and collaboration
  • Strong analytical and problem‑solving skills with attention to detail
  • Ability to work independently on complex topics while contributing to team collaboration
  • Strong communication skills with the ability to engage with both actuarial and non‑actuarial stakeholders
  • Proactive and structured approach, with interest in process improvement and automation

What we offer

  • A role with exposure to complex international reinsurance portfolios
  • Opportunity to work on advanced actuarial models and regulatory frameworks
  • A collaborative, cross‑functional environment with strong interaction across business areas
  • Continuous learning and development opportunities, including exposure to modern actuarial tools and data platforms
  • A dynamic and international workplace within a growing reinsurance company
  • A supportive environment encouraging innovation, automation, and professional growth
25 days of vacation

25 days of vacation

Flexible working hours

Flexible working hours

Home Office and Home Office energy reimbursement

Home Office and Home Office energy reimbursement

Cafeteria

Cafeteria

Pension and Life Insurance

Pension and Life Insurance

Public Transport Contribution

Public Transport Contribution

Multisport card

Multisport card

Travel Insurance

Travel Insurance

Meal Allowance

Meal Allowance

Online mental health program

Online mental health program

Refreshment at work

Refreshment at work

Yoga classes and gym

Yoga classes and gym

We are looking forward to meeting you!

Send us your CV and a motivation letter in English.

Apply for the position