Beijing

Part Qualified

Associate

Qualified

Life

Health

Property & Casualty

Reserving

Reporting

Reinsurance

Risk

Systems

Python

Modelling

Data Science

Prophet

Coding

Pricing

MoSes

Valuation

Excel

RAFM

AXIS

Swiss Re is a global reinsurance company headquartered in Zurich, Switzerland. Founded in 1863, it provides risk transfer and risk management solutions to insurance companies worldwide. Swiss Re's expertise lies in underwriting complex risks and offering innovative reinsurance products, contributing to the stability and resilience of the global insurance market.

Swiss Re

About the RoleThis role is mainly responsible for:<ul><li>Support production &amp; validation of Group IFRS statements &amp; disclosures for China L&amp;H business</li><li>Assist in the Local IFRS implementation project</li><li>Maintain and enhance quarterly process with appropriate controls</li><li>Help to maintain and improve of valuation model (including migration of modeling platform to Axis), tools and process</li><li>Assist with ownership of IFRS17 specific assumptions/parameters, reviewing where necessary</li><li>Engage with internal functional teams and external stakeholders and regulators, as appropriate, to ensure effective management of L&amp;H in-force portfolios</li></ul>(Management retains the discretion to add or change the duties of the position at any time.)About the TeamReporting to Corporate Actuary, Life &amp; Health ("L&amp;H") Actuarial Management China, you will be primarily responsible for the activities of Valuation &amp; Analysis in China. The Actuarial Management team is part of Group Risk Management in Swiss Re, responsible for managing the in-force business and supporting Swiss Re's L&amp;H business by providing financial information and advice on past/expected future profitability and experience.This team works closely with other departments in Asia's L&amp;H Community, including those in business origination functions (Client Markets and Products), and those in in-force portfolio management functions (Claims, Technical Accounting etc.). The successful candidate will need to proactively liaise with cross functional teams and is required to foster a strong team culture to drive delivery of the overall in-force management mandate.About You<ul><li>5+ year L&amp;H (re)insurance experience ideally in valuation and reporting</li><li>Well on track for attaining fellowship from internationally recognized qualifications</li><li>Excellent interpersonal, communication, organizational and influencing skills</li><li>Proficient in spoken and written English and Chinese</li><li>Direct experience with IFRS17 reporting would be considered an advantage</li><li>Good knowledge and proficiency of actuarial modelling systems; MoSes/Axis/Prophet experience is desirable, but not essential</li><li>Proficient in MS Excel. Knowledge of MS Access, SQL, R program and Python would be considered an advantage</li></ul>About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property &amp; Casualty and Life &amp; Health.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics.In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

Position summary:This position is responsible for leading a newly created small actuarial team within the broader Asai reserving team. The team will support the delivery of IFRS17 results and reporting for both group and local branches. It will also assist in the transition of branches into the IFRS17 reporting environment and support the audit of IFRS17 results in Asia.The role will work closely with local reserving actuaries as well as colleagues from global and group actuarial reserving and local and group finance.Specific responsibilities include but are not limited to the following:<ul><li>Support IFRS17 closing for all branches under local standards, including supporting the local appointed actuary where their sign-off is formally required.</li><li>Provide support for each branch, including written reports, for IFRS17 disclosures of an actuarial nature.</li><li>Support the quarterly review of IFRS17 results at both branch and regional levels.</li><li>Support recommendations to appropriate reserve committees and branch management for IFRS17 matters.</li><li>Assist branches in transitioning to the IFRS17 reporting environment as necessary.</li><li>Work closely with our centralized IFRS17 P&C actuarial unit to develop and improve existing processes, systems, and governance related to IFRS17.</li><li>Work with regulators and internal/external auditors on routine and special matters for IFRS17.</li><li>Prepare IFRS17 training materials for P&C actuarial colleagues in Asia.</li><li>Work on other projects of the P&C Asia Actuarial team as assigned.</li></ul>Position Requirements:<ul><li>Very good understanding of IFRS17.</li><li>Experience in the implementation of IFRS17 for a P&C company (preferably in Asia).</li><li>At least 8+ years of experience in Property & Casualty insurance/reinsurance.</li><li>University degree in actuarial science or related field (mathematics or finance).</li><li>Actuarial valuation and reporting experience.</li><li>Very good understanding of actuarial, accounting, information systems, and investments.</li><li>Independent self-starter.</li><li>Strong practical capabilities in Microsoft Office and other business software applications. Data analytics programming skills in R are an advantage.</li><li>Accomplished interpersonal and communication skills – demonstrates a clear and articulate standard of written and verbal communication in a complex environment.</li><li>Proactive in seeking out and providing information.</li><li>Actively looks to add value and take on additional responsibility.</li><li>Ability to work under pressure and prioritize tasks accordingly.</li><li>Asian language skills considered an advantage.</li></ul>

Position summary:The position is primarily responsible for supporting both general IFRS17 reporting across the Asia region and individual branch IFRS17 reporting for SwissRe P&amp;C reinsurance business in Asia. In addition to IFRS17 responsibilities, the successful candidate will also assist in various P&amp;C reserving matters across Asia operations.Specific responsibilities include but are not limited to the following:<ul><li>Support IFRS17 closing for all branches under local standards including supporting the local appointed actuary where their sign-off is formally required.</li><li>Provide support for each branch, including providing written reports, for IFRS17 disclosures of an actuarial nature.</li><li>Support the quarterly review of IFRS17 results at both branch and regional levels.</li><li>Support the recommendations to appropriate reserve committees and branch management for IFRS17 matters.</li><li>Assist branches in transitioning to the IFRS17 reporting environment in the future as necessary.</li><li>Work closely with our centralized IFRS17 P&amp;C actuarial unit to develop and improve existing processes, systems, and governance related to IFRS17.</li><li>Work with regulators and internal/external auditors on routine and special matters for IFRS17.</li><li>Prepare IFRS17 training materials for P&amp;C actuarial colleagues in Asia.</li><li>Work on other projects of the P&amp;C Asia Actuarial team as assigned.</li></ul>Position Requirements:<ul><li>Very good understanding of IFRS17.</li><li>At least 3 years of experience in Property &amp; Casualty insurance/reinsurance.</li><li>University degree in actuarial science or related field (mathematics or finance).</li><li>Actuarial valuation and reporting experience.</li><li>Very good understanding of actuarial, accounting, information systems, and investments.</li><li>Independent self-starter.</li><li>Strong practical capabilities in Microsoft Office and other business software applications. Data analytics programming skills in R an advantage.</li><li>Accomplished interpersonal and communication skills – demonstrates a clear and articulate standard of written and verbal communication in a complex environment.</li><li>Proactive in seeking out and providing information.</li><li>Actively looks to add value and take on additional responsibility.</li><li>Ability to work under pressure and prioritize tasks accordingly.</li><li>Asian language skills considered an advantage.</li></ul>About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance, and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property &amp; Casualty and Life &amp; Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought, or other characteristics. In our inclusive and flexible environment, everyone can bring their authentic selves to work and their passion for sustainability.

About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime.We cover both Property &amp; Casualty and Life &amp; Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.About the RoleThis role is mainly responsible for:<ul><li>Quarterly reporting for International Financial Reporting Standard ("IFRS") 17 and Swiss Statutory for Group reporting purpose. Maintain and enhance quarterly process with appropriate controls. Monitor, forecast, and communicate performance of both in-force portfolios and new business written in China. For IFRS17, understand the impact of the new accounting standards on earnings and balance sheet and provide insights to management for business steering. Help to identify processes or areas to be enhanced after IFRS17 system solution goes live and coordinate with relevant functional teams to ensure changes are well understood and implemented.</li><li>Review results of experience studies on risks covered and on IBNRs for reserving purposes. Review and assess updates in Costing's Term of Trade. Conduct analyses and propose valuation assumption or methodology changes deemed appropriate for the in-force portfolios. Produce documentation required for change approval process.</li><li>Provide input and conduct review required for the development of annual business plan</li><li>Engage with internal functional teams and external stakeholders and regulators, as appropriate, to ensure effective management of L&amp;H in-force portfolios.</li><li>Assistance when needed for quarterly reserving and reporting processes, including but not limited to</li></ul>The main focus is on the L&amp;H business written in China, with expectation of providing support to business portfolios from other branches of Swiss Re as required(Management retains the discretion to add or change the duties of the position at any time.)About the TeamReporting to Corporate Actuary, Life &amp; Health ("L&amp;H") Actuarial Management China, you will be primarily responsible for the activities of Valuation &amp; Analysis in China. The Actuarial Management team is part of Group Risk Management in Swiss Re, responsible for managing the in-force business and supporting Swiss Re's L&amp;H business by providing financial information and advice on past/expected future profitability and experience.This team works closely with other departments in Asia's L&amp;H Community, including those in business origination functions (Client Markets and Products), and those in in-force portfolio management functions (Claims, Technical Accounting etc.). The successful candidate will need to proactively liaise with cross functional teams and is required to foster a strong team culture to drive delivery of the overall in-force management mandate.About You- Minimum 7 years of L&amp;H (re)insurance experience in either valuation or pricing functions. Strong technical knowledge in L&amp;H business, the ability to analyse large amounts of data, to balance rigorous technical requirements and business mindset to be solutions oriented, plus the ability to communicate business results and needs with internal and external stakeholders is key to success in this role.- Well on track for attaining fellowship from internationally recognized qualifications.- Excellent interpersonal, communication, organisational and influencing skills.- Proficient in spoken and written English and Chinese.- Direct experience with IFRS17 reporting would be considered an advantage.- Good knowledge and proficiency of actuarial modelling systems; MoSes/Axis/Prophet experience is desirable, but not essential.- Proficient in MS Excel. Knowledge of MS Access, SQL, R program and Python would be considered an advantage.

About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property &amp; Casualty and Life &amp; Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.About the RoleAs a member of the China Life &amp; Health actuarial pricing team, this role will perform the experience studies, pricing and supporting of one or more lines/clients of Swiss Re BJ office's strategic focus areas, which in general involves the refinement of pricing basis/tools, services to support the various needs of the clients such as product development, data analysis, financial and risk management, etc. From time to time this role also has the opportunities to take on different roles in various project as well.Mainland China is the key strategic market for Swiss Re Group and is in the fast stage of development, the team is at the core of facilitating business growth, fulfilling market needs and at the same time maintaining technical integrity and operation excellence.Responsibilities:<ul><li>Develop and refine the reinsurance pricing basis and tools for different business lines in China across different clients;</li><li>Perform data analysis on emerging experience, using advanced analytical tools;</li><li>Support the development of insurance products consistent with the risk appetite of the company and the market needs;</li><li>Support the marketing of Swiss Re’s services by working closely with clients and external partners;</li><li>Perform tasks on ad hoc basis as assigned by the line manager to support various business initiatives;</li><li>Provide pricing team inputs to the reinsurance treaties.</li></ul>About the TeamThe job holder will be part of the pricing team and also part of the cross functional team that includes client market, pricing, underwriting, claims and other functions.About You<ul><li>Bachelor degree or above</li><li>Qualified / near qualified actuaries with an accredited actuarial society preferred;</li><li>1-5 years industry experience</li><li>Previous pricing experience in China L&amp;H insurance industry preferred;</li><li>Python/R skill is a strong advantage, previous data analytics experience preferred;</li><li>Can demonstrate both strong technical knowledge and communication skills;</li><li>Fluency in Mandarin Chinese required; fluency in English a plus.</li></ul>

About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property &amp; Casualty and Life &amp; Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.About the RoleThis is a key senior role primarily responsible for actuarial valuation, reporting and analysis for Swiss Re's China L&amp;H business:<ul><li>Lead Beijing and Bangalore actuarial reporting teams to provide high quality production of quarterly PRC GAAP and CROSS results for L&amp;H business, Support China's Appointed Actuary and CFO for regulatory submissions</li><li>Review results of experience studies on risks covered for reserving purposes. Review and assess updates in Costing's Term of Trade. Conduct analyses and propose valuation assumption or methodology changes deemed appropriate for the in-force portfolios. Present proposal to and seek approval from the BRC.</li><li>Responsible for quality of valuation data, maintenance &amp; enhancement of valuation model (including migration of modelling platform to Axis), tools and process</li><li>Be a trusted advisor to the business through insightful analysis, proactive understanding of market developments, and engagement with other L&amp;H functions to ensure effective management of L&amp;H inforce portfolios in China</li><li>Build expertise and lead the reporting for bespoken/complex transactions</li><li>Lead or provide support, as appropriate, into capital management, risk management and regulatory engagement activities</li><li>Represent China and Asia in regional and global projects as appropriate</li></ul>(Management retains the discretion to add or change the duties of the position)About the TeamReporting to Head Actuarial Management L&amp;H China, you will be primarily responsible for the activities of Valuation &amp; Analysis in China. The Actuarial Management team is part of Group Risk Management in Swiss Re, responsible for managing the in-force business and supporting Swiss Re's L&amp;H business by providing financial information and advice on past/expected future profitability and experience.This team works closely with other departments in China's L&amp;H Community, including those in business origination functions (Client Markets and Products), and those in in-force portfolio management functions (Claims, Technical Accounting etc.). The successful candidate will need to proactively liaise with cross functional teams and is required to foster a strong team culture to drive delivery of the overall in-force management mandate.About YouYou will apply your strong technical knowledge, business experience and leadership qualities to be an effective leader. You will have the following attributes:<ul><li>Minimum 15 years of L&amp;H (re)insurance experience in either valuation or pricing functions, with at least 7 years post qualification experience.</li><li>FCAA or an internationally recognized qualification such as FIA, FIAA, FFA or FSA.</li><li>Deep knowledge of China insurance accounting, reserving and solvency regimes. Direct experience with IFRS or economic reporting would be considered an advantage</li><li>Effective working experience with senior management of varied backgrounds.</li><li>Excellent interpersonal, communication, influencing and people management skills; Ability and courage to constructively challenge strategic business propositions, but also have business mind-set to be solutions oriented.</li><li>Fluent spoken and written English.</li></ul>

About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property &amp; Casualty and Life &amp; Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.About the RoleAs a member of the China Life &amp; Health actuarial pricing team, this role will perform the experience studies, pricing and supporting of one or more lines/clients of Swiss Re BJ office's strategic focus areas, which in general involves the refinement of pricing basis/tools, services to support the various needs of the clients such as product development, data analysis, financial and risk management, etc. From time to time this role also has the opportunities to take on different roles in various project as well.Mainland China is the key strategic market for Swiss Re Group and is in the fast stage of development, the team is at the core of facilitating business growth, fulfilling market needs and at the same time maintaining technical integrity and operation excellence.Responsibilities:<ul><li>Develop and refine the reinsurance pricing basis and tools for different business lines in China across different clients;</li><li>Perform data analysis on emerging experience, using advanced analytical tools;</li><li>Support the development of insurance products consistent with the risk appetite of the company and the market needs;</li><li>Support the marketing of Swiss Re’s services by working closely with clients and external partners;</li><li>Perform tasks on ad hoc basis as assigned by the line manager to support various business initiatives;</li><li>Provide pricing team inputs to the reinsurance treaties.</li></ul>About the TeamThe job holder will be part of the pricing team and also part of the cross functional team that includes client market, pricing, underwriting, claims and other functions.About You<ul><li>Bachelor degree or above</li><li>Qualified / near qualified actuaries with an accredited actuarial society preferred;</li><li>1-5 years industry experience</li><li>Previous pricing experience in China L&amp;H insurance industry preferred;</li><li>Python/R skill is a strong advantage, previous data analytics experience preferred;</li><li>Can demonstrate both strong technical knowledge and communication skills;</li><li>Fluency in Mandarin Chinese required; fluency in English a plus.</li></ul>

Swiss Re is seeking an actuarial analyst with strong coding experience, or an experienced coding expert with P&amp;C insurance experience to join its regional actuarial team in Singapore, Hong Kong or Seoul, reporting to the Corporate Actuary, Swiss Re Asia.The position will be responsible for:<ul><li>Preparing statutory reporting filings for one or more of the branches of Swiss Re in Asia.</li><li>Assist in the evaluation and preparation of Group reserves and reporting for Swiss Re's Asia P&amp;C business.</li><li>Provide custom and/or automated coded solutions for the Asia team.</li></ul>This position is an Assistant Vice President role. Actual responsibilities will be weighted towards the successful candidate's skillset (actuarial / coding).Responsibilities:<ul><li>Supports quarterly review of P&amp;C loss reserves for Swiss Re's Asia Operations</li><li>Provide support to the senior Actuarial &amp; Reserving leaders in the region as necessary</li><li>Support discussions with underwriting in relation to reserving feedback loops and other product analysis</li><li>Responsible for statutory matters relating to P&amp;C Reinsurance for one branch, completing internal and external reporting as required (e.g. Branch Management Committee, Liability Valuation Report, Appointed Actuary, ICAAP/ORSA).</li><li>Provide additional support to other branches' statutory reporting as required.</li><li>Support other areas of the company including Finance, Planning and the transition of accounting standards to IFRS17.</li><li>Work with regulators and internal/external auditors on routine and special matters</li><li>Work on other projects as assigned including participating in internal underwriting audits</li><li>Develop and maintain relationships with local actuarial and industry associations</li><li>Participate in industry related committees representing Swiss Re</li></ul>Position Requirements:<ul><li>5+ years' experience in a Property &amp; Casualty environment (insurance/reinsurance, commercial lines); reinsurance experience a significant advantage.</li><li>Newly or nearly qualified actuary OR experienced programmer in R.</li><li>University degree in actuarial science or related field (mathematics or finance) OR computing science related degree.</li><li>Actuarial valuation and reporting experience</li><li>Very good understanding of actuarial, accounting, information systems and investments.</li><li>Familiarity with IFRS17. Korea-specific experience would be an advantage but is not a requirement.</li><li>Knowledge of statutory, regulatory and insurance accounting environments. Experience specific to Korea would be a significant advantage but not a requirement (knowledge of other Asian environments would also be viewed favourably).</li><li>Excellent written and verbal English skills. Fluency in Korean would be a significant advantage but not a requirement (knowledge of another Asian language would also be viewed favourably).</li><li>Strong practical capabilities in Microsoft Office and other business software applications; extensive programming skills in data analytics applications (R, Python) would be a significant advantage.</li><li>Independent self-starter</li><li>Accomplished interpersonal and communication skills – demonstrates a clear and articulate standard of written and verbal communication in a complex environment</li><li>Proactive in seeking out and providing information</li><li>Actively looks to add value and take on additional responsibility</li><li>Ability to work under pressure and prioritize tasks accordingly</li></ul>About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property &amp; Casualty and Life &amp; Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property &amp; Casualty and Life &amp; Health.Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.About the RoleThis role is a key contributor to the development and implementation of processes for the upcoming International Financial Reporting Standard ("IFRS") 17 accounting standards for the Asia business. Your main responsibilities will include implementation of IFRS reporting, including quantification of impacts, process set up, documentation and handover.The key activities that you will be primarily responsible include:<ul><li>Support the production/review of the balance sheet and earnings under IFRS17</li><li>Contributing to the establishment of a new IFRS17 end-to-end reporting process.</li><li>Assisting in review and comment on global IFRS17 implementation approach in various areas.</li><li>Support IFRS17 training and engage valuation team to prepare for the implementation. Understand the impact to earnings and balance sheet and provide insight to management.</li><li>Help to identify the process or areas to change and enhance for IFRS17 implementation, and co-ordinate with various teams to ensure changes are well understood and implemented.</li><li>Communicate the issues/challenges with senior actuaries or stakeholders on time.</li><li>Assistance when needed for quarterly reserving and reporting processes, including but not limited to:</li></ul><ul><li>Assist in in-force data quality and proper determination of policy liabilities for IFRS17, Singapore Statutory, Swiss Statutory, Local Accounting and Statutory bases</li><li>Assist in maintenance and improvements of valuation model (including migration of modeling platform to Axis), tools and process</li><li>Assist in monitoring, projecting and communicating performance of Asia business and assigned L&amp;H business portfolios</li></ul>(Management retains the discretion to add or change the duties of the position at any time.)About the TeamReporting to Corporate Actuary, Life &amp; Health ("L&amp;H") Actuarial Management China, you will be primarily responsible for the activities of Valuation &amp; Analysis in China. The Actuarial Management team is part of Group Risk Management in Swiss Re, responsible for managing the in-force business and supporting Swiss Re's L&amp;H business by providing financial information and advice on past/expected future profitability and experience.This team works closely with other departments in Asia's L&amp;H Community, including those in business origination functions (Client Markets and Products), and those in in-force portfolio management functions (Claims, Technical Accounting etc.). The successful candidate will need to proactively liaise with cross functional teams and is required to foster a strong team culture to drive delivery of the overall in-force management mandate.About YouMinimum 3 years of L&amp;H (re)insurance experience in either valuation or pricing functions. Strong technical knowledge in L&amp;H business, the ability to analyse large amounts of data, to balance rigorous technical requirements and business mindset to be solutions oriented, plus the ability to communicate business needs and results with internal and external stakeholders is key to success in this role.<ul><li>Well on track for attaining fellowship from internationally recognized qualifications.</li><li>Excellent interpersonal, communication, and organisational skills.</li><li>Proficient in spoken and written English and Chinese.</li><li>Direct experience with IFRS17 reporting would be considered an advantage.</li><li>Good knowledge and proficiency of actuarial modelling systems; MoSes/Axis/Prophet experience is desirable, but not essential.</li><li>Proficient in MS Excel. Knowledge of SQL, R program and Python would be considered an advantage.</li></ul>

About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property &amp; Casualty and Life &amp; Health.Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking.We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.About the RoleThis role is mainly responsible for:<ul><li>Quarterly reporting for International Financial Reporting Standard ("IFRS") 17 and Swiss Statutory for Group reporting purpose. Maintain and enhance quarterly process with appropriate controls. Monitor, forecast, and communicate performance of both in-force portfolios and new business written in China. For IFRS17, understand the impact of the new accounting standards on earnings and balance sheet and provide insights to management for business steering. Help to identify processes or areas to be enhanced after IFRS17 system solution goes live and coordinate with relevant functional teams to ensure changes are well understood and implemented.</li><li>Review results of experience studies on risks covered and on IBNRs for reserving purposes. Review and assess updates in Costing's Term of Trade. Conduct analyses and propose valuation assumption or methodology changes deemed appropriate for the in-force portfolios. Produce documentation required for change approval process.</li><li>Provide input and conduct review required for the development of annual business plan</li><li>Engage with internal functional teams and external stakeholders and regulators, as appropriate, to ensure effective management of L&amp;H in-force portfolios.</li><li>Assistance when needed for quarterly reserving and reporting processes, including but not limited to:
 <ul><li>Assist in implementation of IFRS17 accounting standards for Local reporting purpose</li><li>Assist in maintenance and improvements of valuation model (including migration of modeling platform to Axis), tools and process</li><li>Assist in in-force data quality and proper determination of policy liabilities for local accounting or solvency reporting bases</li><li>The main focus is on the L&amp;H business written in China, with expectation of providing support to business portfolios from other branches of Swiss Re as required</li></ul></li></ul>About the TeamReporting to Corporate Actuary, Life &amp; Health ("L&amp;H") Actuarial Management China, you will be primarily responsible for the activities of Valuation &amp; Analysis in China. The Actuarial Management team is part of Group Risk Management in Swiss Re, responsible for managing the in-force business and supporting Swiss Re's L&amp;H business by providing financial information and advice on past/expected future profitability and experience.This team works closely with other departments in Asia's L&amp;H Community, including those in business origination functions (Client Markets and Products), and those in in-force portfolio management functions (Claims, Technical Accounting etc.). The successful candidate will need to proactively liaise with cross functional teams and is required to foster a strong team culture to drive delivery of the overall in-force management mandate.About You- Minimum 7 years of L&amp;H (re)insurance experience in either valuation or pricing functions. Strong technical knowledge in L&amp;H business, the ability to analyse large amounts of data, to balance rigorous technical requirements and business mindset to be solutions oriented, plus the ability to communicate business results and needs with internal and external stakeholders is key to success in this role.<ul><li>Well on track for attaining fellowship from internationally recognized qualifications.</li><li>Excellent interpersonal, communication, organisational and influencing skills.</li><li>Proficient in spoken and written English and Chinese.</li><li>Direct experience with IFRS17 reporting would be considered an advantage.</li><li>Good knowledge and proficiency of actuarial modelling systems; MoSes/Axis/Prophet experience is desirable, but not essential.</li><li>Proficient in MS Excel. Knowledge of MS Access, SQL, R program and Python would be considered an advantage.</li></ul>

About the RoleWe are seeking a senior actuarial analyst to be responsible for model management for business written in China with support from Bangalore team, within LH Business Management Actuarial team. Key responsibility would include<ul><li> Manage new product modelling and existing model maintenance by working closely with Asia and Group modelling team</li><li> Maintain and enhance RAFM model and EUA models control process</li><li> Quarterly mode update UAT and reporting cash flow production  </li><li>Communicate model impact on USGAAP/China GAAP/CROSS/IFRS17/EVM etc. with other team members, as well as stakeholders from other functions like Pricing, Client Markets</li><li>Utilize, review, and where required, conduct experience studies on all risks covered and on IBNRs for reserving and reporting purposes, with scenario testing</li><li>The focus is on the L&amp;H business written in the China branch, with expectation of providing support to business portfolios from other branches of Swiss Re Asia as required</li></ul>About the TeamBM Actuarial team is part of the L&amp;H Business Management division in Swiss Re, responsible for reporting under various accountings. The team works closely with other departments in Asia's L&amp;H community, including those in business origination functions (Client Markets and Products teams). Furthermore, the team has interdependent relationships with other units within the L&amp;H Business Management division. About You<ul><li>Newly qualified actuary or part-qualified actuaries with more than 4 years of experience</li><li>Proficient in MS Excel and one Actuarial software. Knowledge of RAFM/Moses modelling system, GLM, Python would be considered an advantage;</li><li>Solid technical knowledge in reporting like CNGAAP/CROSS and experience working with an economic valuation framework (EVM, MCEV, IFRS 17)  would be a plus</li><li>Excellent interpersonal, communication, organizational and influencing skills; </li><li>Team work - ability to work with a multidisciplinary team across locations</li><li>Flexibility - capable of managing own workload and provide flexibility during peak periods</li><li>Language - good spoken and written English and Chinese;</li></ul>

About Swiss Re



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Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property &amp; Casualty and Life &amp; Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world. 
 
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work. 




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About the Role

This role is a key contributor to the development and implementation of processes for the upcoming International Financial Reporting Standard ("IFRS") 17 accounting standards for the Asia business. 
Your main responsibilities will include implementation of IFRS reporting, including quantification of impacts, process set up, documentation and handover. Additionally, you will contribute to development and provision of the training process for the Asia actuarial team for IFRS17 reporting. 
The key activities of the Business Management Actuarial team that you will be primarily responsible include: 
1.    Support the production/review of the balance sheet and earnings under IFRS17 
2.    Contributing to the establishment of a new IFRS17 end-to-end reporting process. 
3.    Assisting in review and comment on global IFRS17 implementation approach in various areas. 
4.    Support IFRS17 training and engage BM team to prepare for the implementation. Understand the impact to earnings and balance sheet and provide insight to management. 
5.    Help to identify the process or areas to change for IFRS17 implementation, and co-ordinate with various teams to ensure changes are well understood and implemented. 
6.    Communicate the issues/challenges with senior actuaries or stakeholders on time. 
7.    Ad hoc assistance when needed for quarterly reserving and reporting processes of Asia business

•   Assist in the maintenance and continuous improvements of valuation model, tools and process 

•   Assist in in-force data quality and proper determination of policy liabilities for USGAAP, Singapore Statutory, Swiss Statutory, and economic reporting

•   Assist in monitoring, projecting and communicating performance of Asia business and assigned L&amp;H business portfolios

(Management retains the discretion to add or change the duties of the position) 
 

About the Team

Reporting to Regional Corporate Actuary, Life &amp; Health ("L&amp;H") Business Management Actuarial Asia or Corporate Actuary in Beijing, you will be primarily responsible for the activities of the Actuarial Management in Asia. The Actuarial Management team is part of the L&amp;H Business Management division in Swiss Re, responsible for managing the in-force business. The Business Management Actuarial team in Asia supports Swiss Re's L&amp;H business in Asia by providing financial information and advice on past/expected future profitability and experience. 
This team works closely with other departments in Asia's L&amp;H Community, including those in business origination functions (Client Markets and Products teams). Furthermore, the team has interdependent relationships with other units within the L&amp;H Business Management division. The successful candidate will need to proactively liaise with cross functional teams and is required to foster a strong team culture in order to drive delivery of the overall in-force management mandate. The Business Management division comprises the following units: Business Management Actuarial, Portfolio Management, Technical Accounting, and Claims. 
 

About You

•  Strong knowledge and working experience in L&amp;H business, plus the ability to communicate business needs with internal clients and external regulators is key to success in this role; 

•  At least 5 years of L&amp;H valuation or pricing experience in reinsurance, primary insurance or insurance consultancy. 
•  Well on track for attaining fellowship in actuarial examinations. 
•  Excellent interpersonal, communication, organisational skills; 
•  Proficient in spoken and written English and Chinese; 
•  Ability to balance rigorous technical requirements and business mind-set to be solutions oriented; Strong technical knowledge and the ability to analysis large amounts of data;

•  A good understanding of IFRS 17, USGAAP and MCEV.  Knowledge in Singapore local reserving standard would be considered an advantage; 
•  Good knowledge and proficiency of actuarial modelling systems; MoSes experience is desirable, but not essential; 
•  Proficient in MS Excel. Knowledge of MS Access and/or SQL would be considered an advantage.


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About Swiss Re



<div>
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property &amp; Casualty and Life &amp; Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world. 
 
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work. 




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About the Role 
Reporting to Corporate Actuary, Life &amp; Health ("L&amp;H") Business Management Actuarial team in Beijing, you will be mainly responsible for China GAAP reporting including production/control process and result communication. In addition, you are expected to provide quality actuarial support for valuation data/model/system and other reporting (USGAAP, Swiss Stat, EVM, CROSS, IFRS17 etc).



About the Team 
BM Actuarial team(BM-A) is part of the L&amp;H Business Management division in Swiss Re, responsible for managing the in-force business. China BM-A supports Swiss Re's L&amp;H business in China by providing financial information and advice on past/expected future profitability and experience. The team works closely with other departments in Asia's L&amp;H community, including those in business origination functions (Client Markets and Products teams). Furthermore, the team has interdependent relationships with other units within the L&amp;H Business Management division including Portfolio Management, Technical Accounting and Claims.  The successful candidate will need to proactively liaise with cross functional teams and is required to foster a strong team culture in order to drive delivery of the overall in-force management mandate.

 
Your responsibilities 
1.    Quarterly reserving and reporting processes: 
      a)    Perform China GAAP reporting with supervision from SMEs within BM-A China team; 
      b)    Monitor, project and communicate performance of the assigned business portfolio 
2.    Enhance quarterly valuation model and process with appropriate control; Support valuation process and system implementation for future readiness of BM-A function 
3.    Preparing for accounting and solvency changes. 
4.    Engage with other internal Swiss Re teams (in Business Management and other partner functions) and with external clients and regulators, as appropriate, to ensure effective management of L&amp;H in-force portfolios. 
5.    Utilize, review, and where required, conduct experience studies on all risks covered and on assumptions and IBNRs for reserving and reporting purposes  
6.    The main focus is on the L&amp;H business written in the China branch, with expectation of providing support to business portfolios from other branches of Swiss Re Asia as required 
 (Management retains the discretion to add or change the duties of the position)



About You 
The ability to drive the creation of efficient processes and to leverage these to provide insight to the business is key to success in this role. In addition, you will have the following attributes:

•  Minimum 2-3 years of experience working in the primary insurance or reinsurance industry, in either valuation or pricing functions; 
•  Good understanding of actuarial concepts and strong ability of data analysis; 
•  Good knowledge and experience of actuarial modelling systems; Knowledge of MS Access, SQL, R program, Python, or MoSes modelling system would be considered an advantage 
•  Proficient in spoken and written English and Chinese; 
•  Excellent interpersonal, communication, organizational and influencing skills;  
•  On track for FCAA, FSA, FIA, FIAA or equivalent internationally recognized qualifications;
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About Swiss Re

 

<div class="swissre_jobtemplate">
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property &amp; Casualty and Life &amp; Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world. 
 
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work. 

 
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About the Role

As a medical pricing actuary in Swiss Re Asia Medical Business for Life &amp; Health business, the jobholder's main responsibilities involve keeping pricing basis up to date, providing timely and technically sound pricing support, and designing products and services to meet clients’ various needs.

 

Key Accountabilities

•    Pricing of new business quotes and tenders. Maintain documentation of all pricing work, and ensure compliance with costing guidelines and standards 
•    Being a key member in innovative product development initiatives from technical aspect. Collaborate with a cross-functional team of experts from client markets, underwriting and claims towards assessing the risks. Build up pricing basis for innovative products. 
•    Start driving the referral process for large treaties with the regional hub. 
•    Contribute to the regional support in providing technical &amp; pricing support to the various local offices on medical quotes.   
•    Undertakes experience analyses of existing business and new business opportunities, look to simplify, and improve efficiency of current practices  
•    Contribute to the development of generic pricing basis and pricing software.

 

 Major Responsibilities

External client service 
•    Establish and maintain relationships with clients  
•    Liaises as appropriate with clients on pricing and product development issues

Internal client service  
•    Liaises with client mangers, underwriters and claims colleagues on product matters. 
•    Maintain close contact with internal key stakeholders such as LHPC, RM, and BM to stay on top of business preference, risk boundary. Etc 
•    Engage and maintain professional relationship with peers in other costing teams and with Hub teams including costing reviewers 
Professional Development  
•    Maintain up to date knowledge of local and global actuarial practices and trends 
•    Monitor local market intelligence, trends and developments (company, product, industry) 
 

About the Team

As part of the products team heading up Medical Reimbursement products, the successful candidate will get to be both an individual and team contributor.  The medical pricing team currently consists of individuals in Mainland China, Hong Kong, Singapore and India. We are also part of the Global Medical team and frequent interaction lends to global medical expertise. As part of Swiss Re's Own the Way You Work policy you get to manage your own personal / work life balance.  The team gets to consult within a cross-functional team environment in the greater Swiss Re, which provides many opportunities to broaden your job scope beyond the key accountabilities listed.

 

About You

Qualifications 
•    ASA required, FSA, FIA or similar professional credentials preferred 
•    5 years of pricing/product development experience in China market, medical pricing experiences preferred. Strong understanding of medical business in China 
•    Skills in using advanced data analytical tools (SAS, R, Python) will be an advantage  
•    Strong communication skills, Native Chinese speaker and fluent in English 
 
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