Key Responsibilities
1. ResQ Implementation & Methodology
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Lead and coordinate the implementation of ResQ as the main reserving platform for DAS Belgium.
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Design and maintain standardised reserving processes in ResQ, including workflow, controls and governance.
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Develop and document data structures and actuarial triangles (paid, incurred, claim counts, exposures, etc.) for all relevant lines of business.
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Ensure proper integration of ResQ outputs into finance, risk and reporting processes.
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➤ Provide ResQ-based reserving outputs and analyses that support the Finance team’s financial planning, projections and forecasting.
2. Actuarial Modelling & Assumptions
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Drive the selection, calibration and parametrisation of actuarial reserving models (e.g. Chain Ladder, BF, Mack, frequency–severity, claims development models) in ResQ.
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Challenge and validate key assumptions (loss ratios, development patterns, tail factors, large and catastrophic claims, IBNR vs IBNER, etc.).
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Develop and maintain model documentation, including rationale, limitations and expert judgments.
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Support the development of scenario, sensitivity and stress testing for reserve adequacy and volatility.
3. Reserving Policy & Documentation (BE GAAP, IFRS, Solvency II)
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Draft, maintain and enforce the Reserving Policy in line with:
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BE GAAP requirements
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IFRS accounting requirements (including alignment with actuarial best estimate principles)
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Solvency II technical provisions for Economic Balance Sheet (EBS) and Own Funds (OF).
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Ensure consistency between statutory, IFRS and Solvency II technical provisions.
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Produce and maintain methodology papers, process descriptions and technical documentation for internal and external stakeholders (e.g. auditors, regulators, Group).
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Contribute to the Actuarial Function reports and related governance documents.
4. Technical Reporting, Analysis & Quality Assurance
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Lead the analysis, validation and explanation of technical provisions and reserve movements for:
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Internal reporting (management, Technical Excellence, Finance)
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External reporting (regulatory, Group, auditors).
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Take responsibility for the quality assurance (QA) of actuarial inputs and outputs used in:
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Internal technical reports
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External technical and regulatory reports (e.g. Solvency II QRTs, SFCR, RSR contributions).
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➤ Work closely with the Finance/Reporting team to support business planning and forecasting, ensuring that actuarial reserving insights are appropriately reflected in financial projections and forward-looking analyses.
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Provide clear, business-oriented explanations of reserve developments, past trends and forward-looking indicators.
5. Interface to Risk & SCR Calculations
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Act as the primary actuarial interface between Reserving and the Risk function under the CRO.
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Support and perform quality assurance of SCR calculations, particularly for underwriting risk (reserving risk, premium risk), ensuring alignment between:
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Reserve best estimates and risk parameters
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ResQ results and SCR models (standard formula and/or internal model/partial internal model).
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Provide back-up and challenge on SCR inputs, assumptions and results, and contribute to validation exercises and model change processes.
6. Stakeholder Management & Cross‑functional Collaboration
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Serve as central contact point and “bridge” between:
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Reserving
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Technical Excellence team
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Risk function (CRO area)
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Actuarial Function
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Finance / Reporting team
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PMO of the CFO IT Transformation and related project teams.
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Ensure timely and accurate delivery of actuarial outputs required for finance and risk projects, including transformation and system migration initiatives.
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Provide actuarial input into projects and change initiatives, particularly on data, systems and process design relevant to technical provisions.
