# Chief Actuary at Renault Group

Renault Group is hiring a Chief Actuary. Level rates it Little AI ●○○○; you can [apply on Renault Group](https://jobsbylevel.com/go/d4f04900-cec1-4d74-ac23-a7da04002b45?utm_medium=ai-agent).

AI Level 1, AI centrality 0 out of 100. St julian's.

## Details

- Company: [Renault Group](https://jobsbylevel.com/companies/renault-group)
- AI level: AI Level 1 (score 0 out of 100)
- Location: St julian's
- Posted: August 19, 2026
- Apply: https://jobsbylevel.com/go/d4f04900-cec1-4d74-ac23-a7da04002b45?utm_medium=ai-agent
- Free CV review for this job: https://jobsbylevel.com/cv-review?job=chief-actuary-at-renault-group-f578be

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## Description

Company RCI INSURANCE LTD Job Description About us RCI Insurance Ltd and RCI Life Ltd aim to provide insurance solutions to customers of Mobilize Financial Services’ (within Renault Group) automobile financing business and are authorised by the Malta Financial Services Authority to conduct the business of insurance. The company offers a comprehensive range of financing and related services for car customers of Renault Group. Backed by an international network, the company has established itself in Malta to deliver and service a portfolio of protection insurance products in a number of European Countries. In order to strengthen its existing team, the Company is seeking a ‘Chief Actuary’ who will report functionally to the Chief Financial Officer. 🔍What will you do? 1. Actuarial management Oversee provisioning and pricing work. Ensure the evaluation and monitoring of the technical profitability of the portfolios. Develop and maintain actuarial models. Analyse trends in claims, mortality, longevity, frequency and severity. Participate in the development of new insurance products. 2. Capital management and solvency Contribute to the calculation of SCR, MCR and regulatory capital. Participate in ORSA exercises. Assess the actuarial impacts of regulatory changes. Contribute to the definition of risk appetite. 3. Model governance Oversee assumptions and calculation methods. Ensure the robustness of actuarial models. Implement data quality controls. Guarantee the documentation and traceability of calculations. 4. Strategic Consulting Advise the General Management on technical risks. Provide forward-looking profitability and solvency analyses. Participate in external growth operations, partnerships or restructuring. Make recommendations on capital optimization. Actuarial Key Function (Solvency II) As the holder of the Actuarial Key Function, the Chief Actuary is responsible for: Coordination of the calculation of technical provisions Ensure the use of appropriate methods, models and assumptions. Assess the sufficiency and quality of the data used. Assess the uncertainty inherent in the estimates. Opinion on Underwriting Policy To issue an independent opinion on the coherence between the underwriting policy and the risk profile. Assess the adequacy of pricing processes. Opinion on the Reinsurance Program To review the adequacy and effectiveness of the reinsurance program. Assess the impact of reinsurance on solvency and risk profile. Contribution to the risk management system Participate in the identification, measurement and monitoring of actuarial risks. Contribute to ORSA work. Collaborate with other key functions (Risk Management, Compliance, Internal Audit). Regulatory reporting Produce the annual report of the Actuarial Key Function. Present findings to governance bodies. Interact with the regulator MFSA and the statutory auditors. Management and leadership Supervise the actuarial, modelling and provisioning teams. Develop the technical skills of the team. Promote a culture of risk and data quality. Ensure coordination with the Finance, Risks, Underwriting and Reinsurance departments. 🎓Who are we looking for? Education Recognized actuary degree (Institute of Actuaries or equivalent). Advanced degree in mathematics, statistics, quantitative finance or insurance. Experience Minimum 10 to 15 years of experience in actuarial science for life, non-life or reinsurance. Significant experience in a Solvency II environment. Experience in managing technical teams. Experience in exercising or supervising a key actuarial function is appreciated. Technical skills Actuarial provisioning. Pricing and modeling. Solvency II. ORSA. Reassurance. Economic capital. IFRS 17. Data analysis and statistical modeling. Behavioural Competencies Leadership and influence. Ability to challenge decisions. Excellent analytical and synthesis skills. Communication with governing bodies. Independence of judgment. Rigor and professional ethics. Fluent English,

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