Actuarial Analyst (L&H)

About the Role:

This position is open for the UK&I Life team. This team is responsible for quarterly valuation, setting assumptions, improving processes, maintaining documentation, and resolving queries arising from auditors, cross-functional teams, or clients for this business.

This role involves looking after reserving work, resolving queries, and helping the team in the assumption setting process.

• The primary task is quarterly reserves under different reporting regimes: IFRS17, UKGAAP, and statutory basis.
• Reserve analyses, explanation, and commentary.
• To apply technical knowledge and process skills to solve problems and develop solutions.
• Question existing processes and suggest improvements.
• Interaction with independent valuation result reviewers.
• Documentation of the assumptions, model output, and quarterly results.

About the Team:

We are part of the L&H Valuation UKI and South Africa team, made up of people based out of London and Bangalore. Within the team, we are a dedicated group of actuaries who are passionate about adding value to the business and supporting our colleagues across different teams and regions.

About You:

• Advanced actuarial student.
• 3+ years of experience in reinsurance, life, or health insurance products.
• Experience with IFRS17 reserving/statutory valuation is an advantage.
• Ability to work and judge independently.
• Excellent oral and written communication skills.
• Good business and financial acumen.
• Work with teams across various locations.
• Strong technical knowledge, proficiency in working with spreadsheet packages.

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.

In our inclusive and flexible environment, everyone can bring their authentic selves to work and their passion for sustainability.

If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

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Reference Code: 133992