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Coordinator Actuarial Data Scientist

On-site in Madrid·Added 6 days ago (last checked 19 Oct)

Santalucía

42 open roles

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Overview

Work mode: On-site, Madrid
Experience: 7+ years
Education: University degree

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Skills

This job advert was originally written in Spanish.

Requirements

What we're looking for

Minimum 7-10 years in technical roles within Non-Life insurance (preferably Home).
Experience in underwriting and/or technical pricing.
Experience in digital environments or aggregators is desirable.
Experience working with analytical models applied to the business.

Education & certifications

Degree in Actuarial Science, Mathematics, Statistics, Business Administration, Economics, or similar.
Postgraduate education in insurance or advanced analytics is valued.

The role

Lead the technical strategy of the Digital Wealth Channel by defining risk appetite, target segmentation, and channel-specific underwriting rules, ensuring profitable and sustainable growth aligned with the global technical policy of the line of business. Will be part of the Wealth Technical Team, ensuring consistency with the rest of the line of business and acting as the technical reference for the digital business with Product, Digital Marketing, Data, and Management Control.

What you'll do

Define and update the target footprint of the digital channel and priority segments.
Establish differentiated risk selection criteria by segment and channel.
Define and govern the marginal value framework (minimum LTV, CPA caps by segment).
Coordinate discount policies and competitive positioning across aggregators.
Oversee technical consistency between new business and renewals.
Implement and monitor dynamic underwriting rules.
Continuously track technical metrics: loss ratio, drop-off rates, business mix, and profitability by segment.
Collaborate with Management Control on financial projections by cohort (VNB, CoR, payback).
Coordinate cross-functionally with Product, Digital Marketing, Data, and Operations.

Skills

Strong analytical skills and strategic vision.
Results-oriented mindset and focus on sustainable profitability.
Ability to make decisions under uncertainty.
Ability to coordinate cross-functional teams.
Ability to translate complex models into clear technical decisions.
Continuous improvement mindset and technical innovation.

About Santalucía

Santalucía is a Spanish insurance group headquartered in Madrid, with a strong presence in the life, health, and funeral insurance sectors. It operates through a network of subsidiaries including Albia (funeral services), Accepta (assistance services), and Iris Global, offering a wide range of insurance and financial products. With over 4,000 employees, the group is one of the leading insurance providers in Spain, serving millions of customers through both direct and agency channels.

In Spain, Santalucía has offices and operations across multiple cities, including Madrid, Barcelona, Seville, and others, with a significant focus on digital transformation and technology roles. The company is actively hiring for IT, data science, actuarial, and business analyst positions, as well as offering internships through its Senda program. For international professionals, Santalucía offers opportunities in a stable, established Spanish company with a strong local market presence, though most roles require Spanish language proficiency.

Industry: Insurance
Founded: 1933
Employees: 1,000–5,000
Headquarters: Madrid, Spain
In Spain: Madrid, Barcelona, Sevilla and 8 more
Website: santalucia.es

Good to know if you are moving

Santalucía is a large, established Spanish insurance group with over 4,000 employees, offering stability and long-term career prospects.
The company has a strong focus on digital transformation, with many open roles in IT, data science, and actuarial fields, which may be suitable for international tech professionals.
Most roles are based in Spain and require Spanish language proficiency, so international candidates should have at least a working level of Spanish.
Santalucía offers a structured internship program (Senda Becas) in various areas, which can be a good entry point for recent graduates.
The company operates in multiple sectors including insurance, funeral services, and assistance, providing diverse career opportunities.

In their own words

Additional information

At SANTA LUCIA S.A, SEGUROS we work to guarantee real and effective equal opportunities that allow us to promote professional development and workforce diversity, in line with our commitment to SDG 5 (Gender Equality) of the United Nations 2030 Agenda.

All open roles at Santalucía