BSM Actuarial Internship

The Balance Sheet Management (BSM) department’s primary objective is to support Athora Belgium’s business needs in the areas of actuarial reporting and balance sheet management. This strong actuarial team plays a key role in the company’s decision‑making and performance management processes by delivering timely, accurate, and relevant analyses, as well as supporting capital management actions.

The BSM department actively contributes across a wide range of strategic and technical topics, including:

• Solvency II
• IFRS 17
• Capital Management
• Asset & Liability Management (ALM)
• Actuarial Modelling
• New business profitability analysis
• Strategic balance sheet operations, such as M&A transactions and reinsurance activities

The team is composed of 10 colleagues, working in a collaborative and dynamic environment—and they are looking forward to welcoming you!

Your responsibilities

As a BSM Actuary Intern, you will provide key analytical and operational support across a broad range of actuarial and balance sheet management topics. You will work closely with experienced actuaries and stakeholders across the organisation, gaining exposure to important regulatory, modelling, and business processes.

Your responsibilities will include:

• Measuring, optimising, and reporting on the various components of Life Technical Provisions and Risk Capital models under Solvency II, IFRS 17, and BMA regulatory frameworks, on a quarterly basis
• Contributing to the development and enhancement of actuarial models and tools, including ALM, profitability, capital management, and reinsurance models, as well as maintaining and improving existing models using RAFM and Python
• Improving existing frameworks by enhancing processes, controls, and technical documentation to support robustness and efficiency
• Communicating analyses and results to business stakeholders and participating in internal governance and decision-making forums at both local and Group level
• Collaborating with multidisciplinary teams, including Balance Sheet Management, Risk Management, Accounting, Group Actuarial, Group Investment, and external consultants

Your profile

• You are pursuing undergraduate or graduate, preferably in economics, mathematics, or actuarial science.
• You have strong mathematical and statistical knowledge and skills with the ability to problem solve.
• You have strong modelling capabilities and programming skills (SAS, Python, R, VBA).
• You are a skilled user of MS Office.
• You are a native French or Dutch speaker with good command of the other national language and can work in English.
• You are able to work and learn quickly in a fast paced and dynamic environment.
• You have strong interpersonal skills, with ability to work on own initiative and as part of a team.

We offer

• A position where you can have an immediate impact.
• Real development and on the-job-training opportunity
• A pleasant and intellectually stimulating work environment
• The pleasure of working within a dynamic and efficient team
• A complex and exciting work environment, constantly evolving

(!) Attention:

• We only accept contracted internships, which means internship that are part of an education. No exceptions are allowed.
• The internship is non-remunerated.
• The internship should last for at least four months.