Actuary – Denmark

The Role

ETU Forsikring is seeking to appoint a qualified Actuary to join its growing Danish operation.

Reporting to the CEO Denmark and Group Chief Actuary, this is a key role within the business, offering the opportunity to influence pricing strategy, regulatory engagement, and portfolio performance across the General Insurance portfolio. The successful candidate will combine strong technical actuarial expertise with commercial acumen and the ability to engage confidently with regulators and senior stakeholders.

Working closely with underwriting, finance, and executive leadership, you will help ensure pricing remains commercially competitive, technically robust, and fully compliant with Danish and European regulatory requirements. This role provides significant exposure to senior decision-making and the opportunity to contribute directly to the continued growth and development of ETU Forsikring's operations in Denmark.

Key Responsibilities

• Lead pricing analyses and periodic rate reviews across General Insurance lines of business.
• Develop, maintain, and enhance pricing models, rating structures, and technical premium calculations.
• Monitor claims experience, portfolio performance, and emerging risks, translating findings into pricing recommendations and actions.
• Partner closely with underwriting teams to support risk selection, portfolio optimisation, and sustainable profitability.
• Support the development and pricing of new products and business initiatives.
• Contribute actuarial insight to reserving, capital modelling, and reinsurance activities as required.
• Ensure pricing methodologies, governance frameworks, and supporting documentation meet internal and regulatory standards.
• Prepare and present actuarial recommendations to senior management and relevant governance committees.
• Act as a key point of contact with the Danish Financial Supervisory Authority (Finanstilsynet) on pricing, product approval, and technical provision matters.
• Support regulatory reporting, Solvency II requirements, and Own Risk and Solvency Assessment (ORSA) activities.
• Engage with auditors, reinsurers, and external stakeholders on actuarial and regulatory matters.
• Monitor regulatory developments and assess their impact on pricing practices and portfolio management.

Skills

• Advanced actuarial pricing and analytical capabilities.
• Strong commercial awareness and understanding of General Insurance market dynamics.
• Excellent stakeholder management and relationship-building skills.
• Ability to communicate complex actuarial concepts clearly to both technical and non-technical audiences.
• Strong problem-solving and decision-making abilities.
• High degree of accuracy, attention to detail, and professional judgement.
• Confidence engaging with regulators, auditors, and external stakeholders.
• Ability to manage competing priorities and deliver high-quality work within regulatory and business deadlines.
• Proficiency with actuarial and statistical modelling tools such as R, Python, SAS, Emblem, Radar, Earnix, or equivalent.

Qualifications & Experience

• Fully qualified actuary (Fellow of the IFoA, DAV, Aktuarforeningen, or an equivalent recognised actuarial body).
• Significant actuarial pricing experience within General Insurance / Non-Life insurance.
• Strong knowledge of Solvency II and the Danish insurance regulatory framework.
• Experience engaging directly with insurance regulators and supervisory authorities.
• Experience pricing across multiple General Insurance product lines is advantageous.
• Demonstrated ability to operate effectively within a regulated insurance environment.
• Fluency in English is essential; Danish language skills would be highly advantageous.
• Eligibility to work in Denmark.

What We Offer

This is an opportunity to join a growing insurance business at an exciting stage of its development and play a key role in shaping its actuarial and pricing capabilities in Denmark.

You will work closely with senior leadership, regulatory bodies, and key stakeholders across the wider MNK Group, contributing directly to strategic decision-making and business growth.

We offer:

• A key actuarial position within a growing and ambitious insurance organisation.
• Direct exposure to executive leadership and strategic initiatives.
• Meaningful involvement in regulatory engagement and actuarial governance.
• A collaborative and international working environment.
• Ongoing professional development and career growth opportunities.
• Hybrid working arrangements based from our Copenhagen office.
• A competitive salary and benefits package.

For a confidential discussion or to express your interest, please apply directly or contact our Talent Acquisition team.