Actuarial inspector


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Apply until: 
27 May 2018


The National Bank of Belgium (NBB) is seeking actuarial inspectors for insurance supervision

Are you an actuary? Do you have experience in auditing, financial risk management or financial asset management? Do you have sharp critical faculties and an inquiring mind, and are you a good communicator? If so, then the job of actuarial inspector supervising insurance is made for you! The job is dynamic, varied and challenging. The insurance companies inspected are all different, and you will deal with subjects that are constantly changing.


As an actuarial inspector you will be part of a team conducting inspections on the premises of  insurance companies. Those inspections deal with the whole range of potential risks for the sector, and may cover technical and financial aspects, but they also concern governance and good organisation. The problems and risks that arise vary from one assignment to the next, and centre on such issues as the calculation of the technical reserves, the profitability of insurance products, and good governance in regard to the use of derivatives for investment management purposes. That gives you the opportunity to constantly expand your knowledge.

An inspection is generally spread over several weeks, during which time you carry out part of the work on the company's premises and part at NBB. On completion of your assignment you inform the company of your findings and recommendations.

As both a member of an inspection team and a team leader you are the primary contact for the company throughout the inspection. You work as one of a group of inspectors with complementary professional experience and profiles (actuaries, economists and lawyers). The team is committed to an open and collegiate culture.  Its aim is to achieve concrete, useful results.

The post of actuarial inspector is a responsible job performed in a dynamic and fascinating environment. Every inspection gives you ample opportunity for contact with both officials of the companies concerned and colleagues from the various NBB services involved.

Your main responsibilities:

  • to prepare inspections by obtaining documentation on the subject and producing a work schedule
  • to conduct the inspection on the premises of the insurance company, holding meetings with company officials, analysing the processes and checking the documents and systems
  • to verify your findings by presenting them to the company's officials
  • to produce a report setting out the main findings
  • to present your final conclusions and your recommendations to the company, to the persons in charge and, if appropriate, to the NBB Board of Directors
  • to supervise the proper implementation of corporate action plans.


  • you are an actuary
  • you have gained relevant experience in auditing, insurance underwriting and claims management, financial asset management and/or risk management, preferably in the financial sector, the consultancy world, or with an insurance company, pension fund or financial asset manager
  • you are interested in complicated questions that appeal to your analytical mind
  • you can work independently but you are also a good team player
  • you are willing to travel around Belgium to conduct your inspections
  • you have good oral and written communication skills (FR/NL/ENG).

Working conditions



  • 27/05/2018: closing date for applications
  • June 2018: online tests and interview
  • July 2018: assessment
  • from September 2018: commencement of employment.
Applications will only be considered if they are accompanied by a covering letter, a CV and a copy of the diploma(s) and the corresponding annexes (list of ECTS points if available). Foreign diplomas must be accompanied by an attestation of equivalence