Cronje & Yiannas Actuaries and Consultants Ltd, on behalf of Hellas Direct, a dynamic and rapidly growing insurance company, is seeking to recruit a capable and driven Reserving Actuary to join its Actuarial team in Nicosia or Athens.

The successful candidate will take ownership of the company’s reserving function, playing a key role in supporting its expanding insurance operations and contributing to strategic decision-making. This position is critical in ensuring accurate claims projections, maintaining regulatory compliance, and enhancing cross-functional and external stakeholder communication. The role reports directly to the Chief Financial Officer (CFO).

Key Responsibilities

• Monitoring claims development across all lines of business on an ongoing basis, identifying trends and emerging issues
• Producing monthly claims projections and projected ultimate analyses for all lines of business
• Preparing and presenting reserving reports to senior management, the Board, and external stakeholders, clearly communicating technical findings to non-technical audiences
• Ensuring reserving adequacy and supporting the reserves setting process in compliance with Solvency II, IFRS 17, and other regulatory requirements
• Building and maintaining strong relationships with Claims, Pricing, external Actuaries, external Auditors, and reinsurers to ensure alignment and effective information flow
• Staying informed of operational changes, including claims processes, pricing strategies, and new product launches, assessing their impact on reserves
• Advising on capital modelling and contributing to the company’s capital management framework
• Supporting quarterly and year-end reporting cycles with accurate and timely actuarial input
• Driving continuous improvement in reserving methodologies, systems, and processes

Requirements

• Bachelor’s degree in Mathematics, Physics, Engineering, Actuarial Science, or any other related field 
  
• Qualified or nearly qualified
• Minimum of four years’ experience in General Insurance reserving
  
• Experience with Solvency II and IFRS 17 reporting frameworks 
  
• Solid understanding of actuarial reserving techniques and best practices
• Technical Skills:
• - Python programming experience for actuarial analysis and automation
  - Advanced data analysis capabilities, including statistical modeling and data manipulation
  - SQL proficiency for querying and managing large datasets
  - Advanced Excel skills
• Excellent communication skills with the ability to translate complex actuarial concepts into clear insights for diverse audiences, including non-technical stakeholders
• Strong analytical and numerical capabilities with a keen eye for detail and problem-solving
• A collaborative team player who can also work independently, demonstrating a proactive approach
• Strong business acumen, with the ability to thrive in a dynamic, fast-paced scale-up environment
• Excellent oral and written communication skills in Greek and English
• Nice to have:
  - Capital modelling experience and knowledge of Internal Models or Standard Formula approaches
  - Experience working with reinsurance structures and reinsurer reporting
  - Exposure to multiple lines of GI business (Motor, Property etc.)
  - Experience in a scale-up or high-growth insurance environment
  - Familiarity with regulatory reporting to supervisory authorities

Remuneration & Benefits

A competitive and attractive remuneration package will be offered to the successful candidate, based on skills and qualifications, including:

• Comprehensive medical insurance coverage
• Provident fund with a 5% employer contribution
• Opportunity to participate in the Employee Stock Ownership Plan after completing 2 years of employment
• Employee discount on property insurance
• 25 days of annual leave
• Study package support
• Flexible and hybrid working arrangements#
• Opportunities for professional growth, career development, and expansion of knowledge
• A professional, supportive, and friendly working environment

Applications:
All applications will be treated with the strictest confidentiality. Interested candidates may apply no later than Sunday, 19th of April 2026.