Actuary

Analyze, innovate, and collaborate
If Industrial is seeking a Reserving Actuary with a mathematical background to tackle challenges and help shape strategies for insuring the largest industrial clients in the Nordics. Each client brings a unique risk profile, requiring innovative reserving methodologies and close collaboration with key decision-makers and the underwriting team to ensure accurate and effective risk assessment.

About the role
As a Reserving Actuary, your expertise will be applied in following areas:

• Performing statistical claims reserving for selected industrial lines.
• Collaborating with the underwriting organization to build pricing models and forecast claims costs for some of the more complicated risks, including risk-shared set-ups such as captives.
• Presenting analyses and reserve-setting results to business area managers and other stakeholders, helping them make informed decisions.
• You will be an active part of monthly bookclose process with a dedicated actuarial ownership for selected Industrial lines of business.

If you are a communicative and business-minded mathematician who enjoys tackling challenging questions and engaging with stakeholders, this role is for you!

About the team
You will be part of a supportive Nordic team of actuaries and analysts, working closely with the underwriting organization to deliver actionable insights. Beyond this, you will join the Performance Management and International group, which brings together experts in Financial and Business Controlling, Quality & Compliance, International Business Support, and If’s branch offices. Together, we foster a culture of collaboration and continuous improvement.

We offer
In the same way that we place high demands on you, we expect you to place high demands on us. Here’s what you can look forward to:

• An inclusive work environment where everyone is welcome.
• Career and development opportunities in the biggest insurance company in the Nordics.
• A possibility of a hybrid workplace.
• A health-promoting workplace with wellness allowances and sports activities.
• Great insurance benefits.
• Additional benefits may vary depending on the country of employment.

Who are you?
No prior experience in reserving is required, as we’ll provide comprehensive training during your first months. However, you should have a solid foundation in mathematics, statistics, or a related field, with a curiosity to learn and grow.

You also have:

• Proficiency in Python, SAS, and/or SQL is beneficial but not a requirement.
• Strong communication skills.
• Fluency in English, both written and verbal.
• Proficiency in a Nordic language is considered a merit.

As a person, you thrive on presenting your work, engaging with inquisitive audiences, and tackling challenging questions. Your analytical mindset and enthusiasm for collaboration make you a great fit for our dynamic team.

Additional facts and the recruitment process
Application deadline: We review applications on a rolling basis, so we encourage you to apply as soon as possible.

To apply: Please attach your CV. No motivational letter is needed—just answer the quick questions in the application.

Work location: Any of our offices in the Nordics and Baltics.

Start: As per agreement.

Background checks will be conducted in accordance with local laws.

For more information, please contact Alex Teterukovsky, Head of Actuary and Pricing, BA Industrial, [email protected], +46 70 9908093.

We look forward to your application!

Location: Alta

Additional location:

• Oslo
• Sundsvall
• Turku
• Göteborg
• Stockholm
• Espoo
• København