Actuarial Lead

Actuarial Lead

Location: Madrid, Spain | Hybrid working

Business Unit; Actuarial

Employment Type: Permanent, full time, 40 hours per week, Monday to Friday

The Opportunity:

This is an opportunity to join Assurant Europe as an Actuarial Lead in Madrid, working in a hybrid role that combines technical actuarial and pricing expertise with business partnership. Reporting to the Regional Director, you will support pricing for new business opportunities   and monitoring existing underwriting scheme performance, identifying areas for improvements and making clear recommendations to support the achievement of the regional business plan. You will work with colleagues across Europe, contribute to continuous improvement, and have the opportunity to broaden your experience through our actuarial exam and rotational programme.

What you will do:

• Prepare pricing for new business opportunities ensuring that pricing is within risk appetite, sustainable and provides the opportunity for business development teams to win new business.
• Prepare regular   performance analysis output, monitoring actual vs expected results for both internal and external business partners. Ensure reports and business communications support effective business decision-making. Gather, validate and interpret data from a range of sources, applying appropriate methodologies and identifying trends that may influence business performance.
• Translate financial projections into practical business metrics, recommendations and insights for stakeholders across finance, accounting, regulatory, IT and other teams.
• Recommend improvements to pricing and underwriting processes, data quality, reporting and ways of working.
• Lead or contribute to team projects, support knowledge sharing, and provide constructive peer review and feedback.
• Manage multiple priorities and deadlines while continuing to develop your actuarial expertise and professional qualification pathway.

What you Bring:

• Fluent Spanish and English communication skills. English is used as the common business language across Assurant Europe.
• A degree in Mathematics, Actuarial Science or a related field, or a demonstrated relevant business experience.
• Progressive actuarial and/or underwriting experience, with a strong understanding of actuarial and underwriting concepts, insurance products and business performance drivers.
• Confidence working with Microsoft Office (Excel and PowerBi) and data tools such, SQL or similar platforms.
• Strong analytical, project management and problem-solving skills, with the ability to explain complex information clearly.
• A collaborative approach, curiosity to learn, and an interest in building trusted relationships across teams and markets.

Benefits & Training 

• Competitive salary
• Performance related bonus scheme
• Hybrid working arrangement with flexibility to work from home and from our Madrid office.
• A local benefits package aligned to the Spanish market.
• Wellbeing and employee support programmes.
• Ongoing learning and development opportunities, including support for actuarial development.

Our Values:

Common Sense, Common Decency, Uncommon Thinking and Uncommon Results guide our every action at Assurant. These values inspire our commitment to be a responsible corporate citizen.

We welcome applications from people of all backgrounds, identities and experiences. If you are excited about this role but do not meet every requirement, we still encourage you to apply. We are committed to a fair, inclusive and transparent recruitment process. We will not ask about your current or previous salary, and pay decisions are based on objective, role-related criteria.

We look forward to receiving your application!

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What’s the culture like at Assurant?
Our unique culture is a big reason why talented people choose Assurant. Named a Best/Great Place to Work in 14 countries and awarded the Fortune America’s Most Innovative Companies recognition, we bring together top talent around the world. Although we have a wide variety of skills and experiences, we share common characteristics that are uniquely Assurant. A passion for service. An ability to innovate in practical ways. And a willingness to take chances. We call our culture The Assurant Way.

Company Overview
Assurant is a leading global business services company that supports, protects, and connects major consumer purchases. A Fortune 500 company with a presence in 21 countries, Assurant supports the advancement of the connected world by partnering with the world’s leading brands to develop innovative solutions and deliver an enhanced customer experience through mobile device solutions, extended service contracts, vehicle protection services, renters insurance, lender-placed insurance products, and other specialty products.

AI and Biometric Usage

Assurant supports the responsible use of Artificial Intelligence (AI), but we want to know the real you. Visit our AI Usage Guidelines page to understand what we expect from applicants regarding their use of AI during the application process. Since we would like to know the real you, we require that all of our virtual interviews be conducted on video. 

Employment is contingent upon completion of a required identity verification process, which may include biometric technology, where permitted by applicable law and subject to applicable notice and consent requirements. See our Privacy Notice to learn about Assurant’s privacy practices, including our use of AI-enabled technology, automated decision making, and biometric information.

Equal Opportunity Statement
Assurant is an Equal Employment Opportunity employer and does not use or consider race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other characteristic protected by federal, state, or local law in employment decisions.

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