Deputy Head of Actuarial

Who We Are

At

Oney Insurance

, we design and deliver ultra‑personalised Life and Non‑Life insurance solutions for brands, corporates, and broker networks through our two entities:

Oney Life

and

Oney Insurance

. Since 2008, our fast‑growing, agile, and innovative company has evolved into a talented team of

40 professionals

, each empowered to take ownership of their work within a truly international environment.

Our human‑scale structure is one of our greatest strengths. It enables us to remain flexible, accessible, and highly responsive qualities that allow us to craft bespoke, business‑focused insurance solutions for our B2B partners. At the same time, being part of

Groupe BPCE

and

Auchan Holding

gives us the stability, reputation, and reach of major global groups.

For many years, Oney has been the trusted partner of leading retailers such as

Auchan, Leroy Merlin, Norauto, and Boulanger

, as well as a range of established e‑commerce brands. This unique combination of agility, expertise, and strong group backing positions us as a dynamic and forward‑looking player in the insurance market.

Role Overview

We are seeking a

Deputy

Head of Actuarial

to support the Actuarial function in a fast-growing insurance environment.

Reporting to the Head of Actuarial, this role offers a unique opportunity to gain end to end exposure across technical provisions, capital requirements and regulatory actuarial reporting under Solvency II and IFRS reporting.

The successful candidate will play a key role in enhancing actuarial capabilities, strengthening governance frameworks, and supporting strategic decision-making, while progressively building the expertise and leadership required to contribute to the ongoing structuring, industrialisation and further development of the actuarial function.

Key Responsibilities

• Support the development and production of technical provisions under Solvency II
• Contribute to SCR calculation and capital management
• Support IFRS 17 reporting, including development of processes and analysis
• Ensure accuracy, robustness and auditability of actuarial outputs
• Provide robust, data-driven actuarial analysis to support business development strategy, product design and pricing decisions, ensuring alignment between technical performance and commercial objectives
• Contribute to portfolio monitoring, performance analysis and profitability assessment
• Support risk identification and ORSA processes
• Support strong actuarial governance and documentation standards
• Contribute to the preparation, and clear communication of high-quality committee materials, supporting effective decision-making
• Contribute to methodology development, and continuous process improvement, ensuring alignment with regulatory expectations and business objectives
• Support the Head of actuarial in developing the actuarial function
• Participate in the mentoring of less senior members of the team

Who You Are

• A master’s degree or equivalent professional actuarial qualification in actuarial science, mathematics, statistics, or finance.
• A solid actuarial background with at least 7 years’ experience in reserving, capital modelling, or pricing. Candidates with exposure to each area will be particularly valued.
• Excellent written and spoken English. Knowledge of French is not essential but would be an advantage
• Strong proficiency in data and analytical tools (such as Excel, Python, …) with the ability to oversee and drive the development and industrialisation of actuarial models, data pipelines and business-facing analytical tools
• Autonomous, rigorous, analytical, and an effective communicator with strong collaboration skills
• Demonstrated ability to structure and drive complex actuarial topics, bringing clarity and prioritisation in a fast-evolving environment, with a long-term perspective, anticipating future business, regulatory and operational challenges

What We Offer

• A competitive salary aligned with your experience, complemented by a comprehensive rewards package that includes performance-based incentives and an annual company bonus
• A central Sliema office location with the flexibility of hybrid working to support work–life balance
• Health Insurance
• Life Insurance
• An annual wellness allowance designed to support your physical and mental wellbeing
• Convenient parking space located close to the office
• A dedicated yearly budget for professional training, courses, and career‑advancing development
• Flexible working hours to help you balance work and life effectively
• Relocation support available to assist with moving to Malta

Interested in exploring this opportunity?

If this opportunity resonates with you and you’re ready to take the next step in your career, send your CV (quoting the vacancy title) to [email protected]. We treat all applications with full confidentiality.