Join to apply for the Actuary Solvency II role at Admiral Seguros | Admiral Group
1 day ago Be among the first 25 applicants
Join to apply for the Actuary Solvency II role at Admiral Seguros | Admiral Group
Role Summary :
We are seeking a highly motivated and experienced Actuary to join our team, focusing on Solvency II compliance and related activities. The successful candidate will play a critical role in ensuring the company meets its regulatory obligations under Solvency II, including the calculation of technical provisions, Solvency Capital Requirement (SCR), Own Risk and Solvency Assessment (ORSA), and reporting requirements. You will work closely with other actuarial professionals, risk managers, and finance teams to provide relevant analysis and support strategic decision-making.
Role Summary :
We are seeking a highly motivated and experienced Actuary to join our team, focusing on Solvency II compliance and related activities. The successful candidate will play a critical role in ensuring the company meets its regulatory obligations under Solvency II, including the calculation of technical provisions, Solvency Capital Requirement (SCR), Own Risk and Solvency Assessment (ORSA), and reporting requirements. You will work closely with other actuarial professionals, risk managers, and finance teams to provide relevant analysis and support strategic decision-making.
Key Responsibilities :
As a Non-Life Actuary, your main responsibilities will be :
Calculating Technical Provisions to cover obligations arising from the company's insurance commitments under Solvency II regulations using existing models.
Assessing the sufficiency and quality of the data used. Reconciliation of model input data between different sources.
Analysis of SII technical provisions. Analysis of movements.
Analysis of movements in SII Own Funds.
Updating and reviewing the models used as a result of deviations produced.
Sensitivity and impact analysis on technical provisions.
Preparation and review of QRTs related to technical provisions and capital requirements.
Preparation of reports, presentations, and other documentation.
Contribution to the ORSA report by calculating technical provisions under different stress scenarios.
Support for capital calculations by analyzing Solvency II requirements under the standard formula.
Development and maintenance of methodologies and tools for both technical provisions and SCR calculation.
Collaboration with risk management teams to identify, assess, and mitigate risks.
Analyzing large amounts of data to identify trends related to solvency and risk.
Continuous communication with other teams from the different entities of the Admiral Group.
Requirements :
Qualifications and Experience :
Education and Skills :
Bachelor's or Master's degree in Actuarial and Financial Sciences.
Experience in similar positions.
High analytical skills.
Logical-mathematical thinking.
Computer skills, high capacity to work with spreadsheets and databases. Valuable knowledge in programming (VBA, R, Python, etc.).
Good communication and presentation skills.
Curious and positive attitude.
Self-learning ability.
Efficient time management.
Ability to work independently and as part of a team.
High level of English.
Seniority level
Seniority level
Not Applicable
Employment type
Employment type
Full-time
Job function
Job function
Finance and Sales
Industries
Technology, Information and Internet
Referrals increase your chances of interviewing at Admiral Seguros | Admiral Group by 2x
Sign in to set job alerts for “Actuary” roles.
Madrid, Community of Madrid, Spain 6 days ago
Madrid, Community of Madrid, Spain 6 days ago
Madrid, Community of Madrid, Spain 3 weeks ago
Majadahonda, Community of Madrid, Spain 2 weeks ago
Consultor Actuarial Junior - Financial Risk Management
Madrid, Community of Madrid, Spain 6 days ago
Majadahonda, Community of Madrid, Spain 2 weeks ago
Madrid, Community of Madrid, Spain 6 months ago
Majadahonda, Community of Madrid, Spain 2 weeks ago
Majadahonda, Community of Madrid, Spain 2 weeks ago
Madrid, Community of Madrid, Spain 3 weeks ago
Madrid, Community of Madrid, Spain 1 day ago
Las Rozas de Madrid, Community of Madrid, Spain 1 week ago
Madrid, Community of Madrid, Spain 1 week ago
Madrid, Community of Madrid, Spain 1 month ago
Senior Actuary / Life, Savings and Health - International Markets
Madrid, Community of Madrid, Spain 1 week ago
Madrid, Community of Madrid, Spain 1 week ago
Greater Madrid Metropolitan Area 1 month ago
Madrid, Community of Madrid, Spain 1 month ago
Madrid, Community of Madrid, Spain 1 week ago
Madrid, Community of Madrid, Spain 4 days ago
Madrid, Community of Madrid, Spain 3 weeks ago
Madrid, Community of Madrid, Spain 2 weeks ago
Madrid, Community of Madrid, Spain 1 week ago
Madrid, Community of Madrid, Spain 1 week ago
Madrid, Community of Madrid, Spain 2 weeks ago
Madrid, Community of Madrid, Spain 1 week ago
Madrid, Community of Madrid, Spain 3 weeks ago
Madrid, Community of Madrid, Spain 1 month ago
Madrid, Community of Madrid, Spain 4 days ago
Madrid, Community of Madrid, Spain 4 months ago
Data Research Analyst- German and / or Dutch Speaker
Madrid, Community of Madrid, Spain 4 months ago
Madrid, Community of Madrid, Spain 4 months ago
Madrid, Community of Madrid, Spain 4 months ago
Madrid, Community of Madrid, Spain 4 months ago
Madrid, Community of Madrid, Spain 5 days ago
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
J-18808-Ljbffr
#J-18808-Ljbffr
Actuary Solvency Ii • Madrid, Madrid, SPAIN