Looking for your next managerial challenge in health insurance? Look no further, we have just the job for you.
DKV Belgium, a loyal partner in insurance, but there’s more than meets the eye —we’re a dynamic team of around 500 engaged colleagues driving digital transformation. As part of the international Munich Re Group, we proudly lead private health insurance in Belgium, supporting our clients during good and difficult times. You will arrive in an environment where everybody is able to be who they are, where you can get the most out of yourself day in and day out, with the support of your colleagues.
Together, we put our values of success, diversity, collegiality, and development into practice every day to strengthen the trust of our two million clients.
What the key responsibilities look like
The Head of the Actuarial Department is a senior management role within the company, leading and managing the Actuarial Department, and reports directly to the CFO. They have an important contribution to a wide range of activities within the organization and have a significant impact on company decision making and setting strategy. He or she therefore works closely as a business partner with other senior management roles at DKV Belgium and with actuarial review teams at ERGO Group.
The Actuarial Department (in total 11 FTE) consists of the Valuation Team and the Pricing Team, both with dedicated Managers. He or she ensures the efficient functioning and organization of the department for activities related to actuarial product pricing and profitability (for both individual and group insurance) and related to actuarial reserving (for closing, planning and forecasting purposes under BGAAP and IFRS17 accounting standards).
The Head of the Actuarial Department also presents the results of all these activities in the respective governance bodies.
- You will lead the Actuarial Department, including pricing, reserving, and forecasting.
- You develop and implement actuarial policies and procedures that align with the organization's strategic objectives.
- The Head of Actuarial Department will collaborate with underwriting, product management, sales and other stakeholders to develop and implement pricing strategies that balance long-term profitability and market competitiveness.
- You will provide analysis on the adequacy of reserves, in different accounting standards.
- You develop, maintain and support actuarial models and tools for strategic decision-making.
- You stay up-to-date with industry trends, regulatory changes, and emerging risks, and provide guidance to senior management on their implications.
- Additionally, you lead a high-performing actuarial team, including hiring, training, and development.
- You will furthermore foster a culture of open dialogue and cross-functional collaboration, acting as a trusted partner to all internal stakeholders, including Sales, Accounting & Finance, Risk, and Compliance, as well as internal and external control functions and Group-level counterparts.
- Lastly, you will ensure that actuarial insights are communicated transparently and constructively, striking the right balance between sound technical rigor and commercial awareness, so that business objectives are pursued in a spirit of shared ownership.
Required skills and competencies
- You have an actuarial master’s degree or equivalent by experience, with 10+ years of relevant experience with a proven track record of leadership and strategic thinking;
- You are fluent in English and either Dutch or French, both orally and written.
- You are able to efficiently lead and manage the department, have strong people management skills and can coach and delegate to the team Managers;
- You have experience in establishing functional objectives for the team Managers in line with organizational objectives;
- You can think strategically and have insight in / oversight of all actuarial aspects and their impact on business;
- You have the ability to clearly communicate on complex topics in order to explain actuarial results and business impacts in an understandable manner to all stakeholders (management, actuarial function, Group, auditor, regulator,…);
- You're a natural bridge-builder with strong interpersonal and communication skills, able to engage with confidence and openness across all levels and functions of the organization and able to represent the actuarial department as an approachable, proactive, and valued partner within the company and the wider Group.
- You understand all applicable actuarial pricing and reserving techniques, including IFRS 17. Specific knowledge of the business (Health Insurance) is considered as a plus;
Want to grow with us?
At DKV we offer you a varied job with growing opportunities (thanks to trainings, coaching, projects and internal mobility) and all this in the heart of Brussels.
Besides a competitive gross salary, we offer an extensive package of extra-legal benefits:
- company car / mobility budget
- bonus
- year-end premium (13th month)
- competitive insurance package (hospitalization insurance, ambulatory insurance, guaranteed income insurance and pension plan)
- discount on DKV insurance products
- meal vouchers
- eco cheques
- gift voucher
- collective company premium (CLA 90)
- internet allowance
- homeworking allowance
Moreover, you can also count on an attractive leave scheme (at least 31 days), flexible working hours and the possibility to homework up to three days a week. This way of hybrid working guarantees you a good balance between work and your private life.
We are an equal opportunity employer. All aspects of employment are based solely on performance, competence, conduct, or business needs. If you require any support or access requirements, we encourage you to advise us at the time of your application so that we can make any reasonable adjustments needed to support you through your recruitment journey.