Senior Actuarial Analyst (Corporate)

About Swiss Re

About Swiss Re

The Swiss Re Group 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. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cybercrime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 80 offices globally. It is organized into three Business Units, each with a distinct strategy and set of objectives contributing to the Group’s overall mission.

Function title:

Corporate Actuarial Senior Analyst

Corporate band title:

F

Corporate title:

Associate

Working degree (%):

100%

Solid Line Manager (Name & function title):

Rajasekhar Jagadeesan - Lead VRA & FPSL APAC BLR

Function:

Reinsurance

Organizational Unit:

Life & Health Business Management

Location:

Bangalore

Position objectives and position summary (short and detailed definition of most important activities)

• Deliver quarterly valuation results for ASIA business to the relevant Reporting Actuaries, ownership of other reserving tasks such as capital calculations, assumption setting/ testing, Sensitivities, Recapture of business etc.
• Perform end to end process (setting up the runs to analyzing the numbers) to support the ASIA L&H Business Management team valuation.
• Working under multiple reporting regimes: USGAAP, statutory and market consistent valuation (EVM), as well as providing input into the internal risk model and solvency reporting (STAT, IFRS)
• Documentation of the assumptions, model output and quarterly results
• Support the Business Management on strategic priorities.
• Interaction with auditors for data quality & controls.

About Team

We are one of the pioneer team to get into the global valuation processes that Swiss Re has been targeting and involved in end-to-end aspects of Swiss Re ASIA reporting. i.e. starting from Data handling until explaining the movements in reporting figures.

About You (education, linguistic ability, professional experience, leadership qualities, soft skills)

• Advanced actuarial student with minimum 2 to 3 Actuarial papers.
• Around 0 to 2 years of experience in reinsurance, life or health insurance products
• Experience with Actuarial systems, Process and market consistent valuation and/or USGAAP an advantage
• Ability to work and judge independently
• Excellent oral and written communication skills
• Good business and financial acuity
• Work with teams across various locations
• Strong technical knowledge, proficiency in working with spreadsheet packages, knowledge of a modelling software would be a added advantage (MoSes, Prophet).

The Company is an equal opportunity employer. It is the practice of the Company to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.

During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.