Head of Actuarial function- Europa Continental

Madrid Permanente Ver descripción del puesto
Join a leading multinational insurance company as Head of Actuarial Europe, taking responsibility for actuarial leadership across Continental Europe and partnering closely with underwriting, finance and regional leadership teams to drive reserving, pricing, capital management, business planning and portfolio performance.

Added 22/10/2026

  • International project with great opportunities for professional development
  • leading multinational insurance company

¿Dónde vas a trabajar?

Leading multinational insurance company

Descripción

A leading multinational insurance company requires oversight of reserving, pricing, planning, capital management, performance analytics, underwriting support and regulatory responsibilities across multiple branches and jurisdictions. London provides specialist support, while primary accountability for Europe sits within the European region itself. This role is responsible for establishing and developing the company's local actuarial capability, working in close partnership with underwriting offices across Europe and the London actuarial team to deliver insights and support commercial objectives.

Responsibilities at a regional and country branch level include:

  • Financial results - detailed understanding of the P&L particularly loss ratio, within quarterly budget vs forecast vs actuals.
  • Reserving assumptions & methods, results and AvE, presenting to reserving committee.
  • Contribute to production of plan loss ratios, including the actuarial opinion on the plan.
  • Pricing tools - work with European underwriters and London actuaries to improve the pricing tools in particular to reflect local premium rating factors / country modifiers / business written.
  • Pricing metrics - work with European underwriters and European operations and London actuaries to report on and continually improve premium rate change and price adequacy MI.
  • Contribute to capital modelling and management through close collaboration with the finance function and London capital modelling team.



¿A quién buscamos (H/M/D)?

Combined strong actuarial credentials with commercial leadership capability, acting as the principal actuarial representative for Continental Europe while partnering closely with London to enhance reserving oversight, portfolio performance, pricing discipline and business planning across the region.Education & Professional Qualifications;

Fellow of a recognised actuarial body (FIA, DAV, IAA or equivalent).

University degree in Actuarial Science, Mathematics, Statistics, Economics or a related quantitative discipline.

Additional qualifications in insurance, risk management or finance would be advantageous.Professional Experience

10-15+ years of non-life insurance actuarial experience, with a focus on large commercial lines.

Strong reserving expertise, including governance, IBNR methodologies and reserve review processes.

Practical experience in pricing, portfolio management and performance analytics.

Experience supporting business planning, forecasting and profitability assessments.

Sound understanding of Solvency II and European regulatory requirements.

Experience operating within a multinational insurance environment and supporting multiple jurisdictions.Commercial & Leadership Competencies

The successful candidate will be more than a technical actuarial specialist. They will be a trusted business partner capable of translating actuarial insight into commercial decision-making.

Key competencies include Ability to present complex findings to Boards, Executive Committees and senior stakeholders.

Confidence to challenge underwriting, claims and finance assumptions constructively.

Strong commercial acumen and strategic thinking.

Ability to communicate technical concepts in clear business language.

Influencing and stakeholder management skills across multiple functions and geographies.

Strong decision-making and problem-solving capability.

Ability to operate effectively without direct authority over all stakeholders.Cross-Cutting Requirements

Language: English mandatory (C1 level preferred). Spanish desirable. Additional European languages would be advantageous.

Personal Attributes: High level of ownership and accountability, intellectual curiosity, service orientation, strong process discipline and attention to detail.

Working Style: Collaborative, pragmatic and resilient, with the ability to manage competing priorities and deliver under demanding deadlines.

Interpersonal Skills: Comfortable challenging constructively while maintaining strong stakeholder relationships across underwriting, claims, finance and leadership teams.

¿Cuáles son tus beneficios?

International project with great opportunities for professional development and growth.

Ver más ofertas de empleo
Macarena Jiménez
Indicar número de referencia para la oferta
JN-102026-7131669

Resumen de empleo

Sector
Seguros
Sub Sector
Actuarios
Industria
Insurance
Localización
Madrid
Tipo de Contracto
Permanente
Nombre del consultor
Macarena Jiménez
Número de referencia
JN-102026-7131669

En Michael Page creemos en la diversidad e inclusión. Defendemos la igualdad de oportunidades sin discriminar por género, raza, edad, religión ni orientación sexual o por cualquier otro aspecto que pudiera ser considerado excluyente.