Senior Actuarial Analyst (Asia L&H)

Position objectives and position summary

• Onboarding of Seriatim Data & new valuation models for ASIA L&H Business Management team.
• Periodic review of existing models & data from time to time
• Support the strategic priorities of the Business Management department
• Ability to challenge existing processes & suggest improvements.
• Proactively raise/monitor various model enhancements.

Main tasks/activities/responsibilities

• Understand the actuarial valuation model functionalities, limitations and data requirements and provide advice on the potential challenges to various functions for holistic modelling.
• Analyze reserves and cashflows under different reporting regimes: USGAAP, Market Consistent and statutory
• Work closely with RAFM MCOE team and Global Actuarial System team for model maintenance and improvement.
• Work closely with Data Management team for data requirements fit for the modelling purpose.
• Work closely with Technical Accounting team to assess the data credibility
• Perform User Acceptance Test of the data & model upon every new development.
• Interaction with independent valuation result reviewers
• Documentation of the assumptions, model output and quarterly results

About The 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

• Around 4+ years of experience in reinsurance, life or health insurance products
• 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 preferred (MoSes, RAFM, Prophet).

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 and their passion for sustainability.