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Actuarial Analyst (Corporate)

About Swiss Re

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 & Casualty and Life & 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.


Actuarial Analyst, EMEA Valuation and analysis Team

About the role

EMEA valuation team is a well-established team involved in end-to-end aspects of the Actuarial Valuation Reporting, i.e. starting from data handling until explaining the movements in reporting figures to Head of Reporting who finally signs-off the numbers.

About the Role

Support the EMEA L&H Business Management team in conducting regular valuation/reserving related activities every quarter:

  • Assist on regular quarterly valuations/reserve calculations.
  • Accurately complete already defined modelling processes including implementation of modelling assumptions, performing model runs, validations of results and its delivery to the reporting actuaries/line owners.
  • Perform user acceptance testing for various system and model changes for the actuarial production team.
  • Perform required calculations and analysis on IBNR, Profit Commission, STAT/GAAP zeroization and other such activities/requirements.
  • Ensuring the team deliverables are met as per pre-approved timelines.
  • Perform required validations, analysis to ensure accuracy of the numbers produced as well as keep audit trails of all major validations/checks done.  
  • Apply technical knowledge and process skills to solve problems and develop solutions, i.e. investigating data/modelling issues, reconcile different reports/numbers.
  • Question existing processes and suggest improvements.
  • Interaction with auditors as/when required.
  • Assist on 'special projects' carried out to meet specific objectives as/when required.


Note that this role is Actuarial Specialist and thus progress towards Actuarial Fellowship exams is not required.

  About You

You are a driven, motivated individual, who is a strong team player and can build trust and confidence with your peers and stakeholders. You are outcome driven and have a can-do attitude and takes accountability of tasks assigned.

About You:

  • 0-3 years of experience in Actuarial or Operational tasks.
  • Progress on actuarial examinations.
  • Graduate or above in Actuarial Science/Mathematics/Statistics.
  • Ability to work accurately and deliver on a timely manner.
  • Must be able to interpret business specs and ask clarifying questions.
  • Strong data organization and analysis skills.
  • Keeps team tasks on track and highlight issues in timely manner.
  • Excellent oral and written communication skills.
  • Exposure to insurance or reinsurance actuarial processes an advantage.

Reference Code: 115488 

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⛔️ Swiss Re are no longer taking applications for this job.