P&C Actuary

Ethniki Asfalistiki has been a leading company in the Greek insurance market for 135 years. Since its establishment in 1891, the company has been offering simple, innovative, and reliable solutions that protect what matters most to its policyholders, enabling them to face each day with confidence and peace of mind. Today, Ethniki Asfalistiki employs more than 600 people, has a flexible and extensive network of Certified Insurance Intermediaries, and is trusted and preferred by 1.9 million policyholders. Guided by values such as integrity and reliability, the company places people at the heart of its business, making insurance clear and accessible and removing complexity to help customers feel informed and in control.

Ethniki Asfalistiki’s vision is to remain a leading insurer, always standing by its customers, redefining insurance through innovation, empathy, and simplicity, while building a sustainable future.

Role Overview

Ethniki Asfalistiki is looking for an experienced Property & Casualty Actuary to strengthen our actuarial function and support key activities across regulatory reporting, pricing and reserving. The role offers exposure to a wide range of P&C business lines and close collaboration with underwriting, finance, and risk management teams.

Main Responsibilities

• Perform and review technical provisions calculations for P&C portfolios under Solvency II
• Support reserve adequacy analyses, including prior-year development, current year analysis and assumption review
• Contribute to pricing analyses, profitability studies, and product reviews
• Participate in SCR calculations (Standard Formula and/or Internal Model, where applicable)
• Prepare actuarial inputs for regulatory reporting, ORSA, and management reporting
• Support actuarial documentation, validation activities, and interaction with internal/external stakeholders (Risk, Audit, Supervisors)
• Contribute to process improvements, automation, and actuarial best practices

Candidate Job Profile

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field
• Actuarial Qualification process is an asset
• 2 – 6 years of experience in P&C actuarial roles (reserving, pricing, or capital)
• Strong knowledge of Solvency II requirements for Non-Life insurance
• Solid understanding of P&C products (e.g. Motor, Property, Liability)
• Advanced skills in Excel; experience with R, Python, or actuarial software
• Strong analytical, communication, and documentation skills
• Ability to work independently and within cross-functional teams
• Fluency in Greek and English language
• No pending military obligations (for Greek male citizens)

Benefits

The company invests in long-term cooperation and provides a modern and stable work environment, with a hybrid work model. We offer a competitive remuneration package and excellent career prospects, coupled with continuous training and development.

Applications

All applications will be treated with strict confidentiality and successful candidates will be contacted.

At Ethniki Asfalistiki, we believe in creating an inclusive workplace that values diversity and celebrates the unique contributions of each individual.

We are an equal opportunity employer, and we recognize that a diverse workforce is essential for our success. By bringing together people from different backgrounds and experiences, we can promote a more innovative, creative, and productive work environment.

We are committed to fostering a culture of belonging where everyone feels respected, valued, and empowered to contribute their best.