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Group Chief Actuarial Officer

Date Posted
10th November 2020
Banking/Finance, General Insurance, Health, Investment
Job Type
Madrid, Spain
€350,000 - €400,000
€350,000 to €400,000 Per Annum

Job Description Apply: Group Chief Actuarial Officer

  • Are you a qualified actuary looking for your next challenge?
  • Have you worked for large, multi-national companies either in developed or emerging markets?
  • Do you have strong communication and leadership skills, able to manage remotely / in a matrix organisation and able to deal with country-level executive officers?
  • Would you like to work for one of the unquestionable leaders of the financial sector’s digital transformation?

If so, we would be interested to see your application. Our client is a multi-national financial services group with banking and insurance entities around the world. They operate in more than 30 countries and have a leading position in Spain and Latin America. They are seeking a senior actuary to manage a large number of divisional actuaries and ERM officers around the world, with a heavy concentration in Latin America and other emerging markets. You will be responsible for the group's actuarial control cycle, including reserving, pricing opinions, risk management and reinsurance.

Under normal circumstances, you could expect a large amount of global travel, however this will be on hold whilst the pandemic is still present, so you will need very strong presentational and organisational skills to manage your team on a remote basis across many different time zones.

The client is very keen to encourage a diverse set of applicants, and they are also keen to consider candidates coming from emerging markets. Sponsorship for an EU work permit will be provided for non-EU nationals.

The total package on offer will be around €400k. Foreign nationals coming to Spain are able to benefit from the so-called "Beckham law", meaning income tax is capped at a max of 24% for the first 6 years.

Apply now and we will be in touch with a full information pack if we feel your credentials match what the client is looking for. English is essential, Spanish is very useful (and will help you integrate in the local environment). Any other major European languages would be great (Portuguese, French, Arabic, Turkish etc).

We are keen to encourage actuaries from a diverse range of backgrounds to apply. No one will have all the skills but if you have at least two of the following: life/non-life/pensions/healthcare, that would be very useful. Management experience is essential, and you should be ready to operate on an “Executive Committee” basis from Day 1 (or have previous experience of working in an ExCo).

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