Life Risk and Valuation Risk Officer


Our organisation

Ageas is a listed international insurance Group with a heritage spanning close to 200 years. We offer Retail and Business customers Life and Non-Life insurance products, and we are also engaged in reinsurance activities. 

Our customers are at the heart of our business, and our products and services are designed to anticipate, manage, and cover their risks through a wide range of solutions designed for their needs, both today and in the future.  

We are one of Europe's larger insurance companies and we are also well represented in Asia. In total, Ageas is on the ground in 13 countries (Belgium, the UK, Portugal, Turkey, China, Malaysia, India, Thailand, Vietnam, Laos, Cambodia, Singapore, and the Philippines) through a combination of wholly owned subsidiaries and long-term partnerships with strong financial institutions and key distributors.  

Ageas ranks among the market leaders in the countries in which it operates. Every day, more than 44,000 skilled and committed employees are at the service of nearly 45 million customers. Our Group has at its foundation a set of core values - Care, Dare, Deliver, and Share – representing who we are and how we work. As a “Supporter of your life” we seek to create social and economic value for our customers, employees, partners, investors, and society at large.  

Ageas has been re-certified as Top Employer in 2024

Your function

We are looking for 2 Life Insurance / Actuarial Professionals with a solid quantitative background and experience in the financial industry. You will be a member of a small team within the Quantitative Risk Management department that contributes to the group risk management framework, works on the development of the group liability valuation model, and provides economic scenarios for liability valuation purposes. Your tasks will mainly be linked to the methodological development of the group liability valuation model and the risk management framework.

Methodological development of the group liability valuation model & overall risk management framework

  • You actively contribute to the methodological development of the group liability valuation model, including model documentation and testing

  • You write technical specifications and collaborate closely with the model implementation team and other stakeholders

  • As a member of the Ageas Life and Financial Risk Technical Committee, you seek consensus and consistency across operating companies with regards to valuation principles and other model related topics

  • You provide actuarial support to different entities of the Ageas group under different reporting frameworks such as Solvency II, ICS and IFRS

  • You contribute to reports and presentations to different governance bodies within the company

Economic scenario generation

  • You contribute to the methodological development of the economic scenario generation model

  • You provide support in the generation of economic scenarios that are used within the group valuation model

Subject matter expert life insurance

  • You provide support in interpreting quarterly reported numbers (LAT, Solvency II)

  • You may contribute to other reports or requests on an ad hoc basis (examples: regulatory requests, stress tests, actuarial function…)


  • Contribute to implementation of the IFRS17 framework

  • Play a key role in developing advanced methodologies for calculating life underwriting risks

Your profile

  • You have a Master’s degree or PhD in a quantitative subject, e.g. mathematics, physics, econometrics, quantitative finance, actuarial science, or computer science;

  • Working experience in the financial industry (insurance, banking, asset management) is a plus;

  • You have knowledge of Financial Markets, Financial Valuation & Modelling, Market Risk Management, Financial Regulation (Solvency II)

  • Experience & proven competence in implementing mathematical models in Excel VBA. More advanced programming languages like MATLAB, R, Python are a plus;

  • You are culturally aware and able to work in team with people with different backgrounds;

  • You have excellent communication skills, both written and orally and are able to present complex materials in a structured and comprehensive way;

  • You are strongly motivated to learn, proactive, flexible, dedicated and able to work on an independent basis;

  • You possess strong coordination, planning and organizational skills;

  • You are a result-oriented problem solver;

  • You have an active (written and oral) knowledge of English (French or Dutch is a plus).

Our offer

  • The possibility of (maximum 50%) home working;

  • A dynamic, multicultural working environment;

  • An interesting and extensive salary package (including meal vouchers, eco vouchers, hospitalization, disability and group insurance, additional child benefit, mobile allowance and intervention in the internet reimbursement, ...);

  • The possibility to optimize part of your salary package through a flexible income plan;

  • A corporate culture where you are encouraged to share your views and opinions;

  • A flat organizational structure with close collaboration and communication with management and cross departments;

  • An extensive range of learning & development opportunities through our online learning platform;

  • The opportunity to further develop yourself and to be part of a great team at a Top employer in Belgium. Find out more about it here.


Please apply online. We are looking forward to talking to you!