Senior Portfolio Manager (Product Management Actuary)

Are you savvy with financial portfolios and excited about testing for and preventing potential risk and volatility factors? Put your technical skills to work in the daily tasks and ad-hoc projects related to optimizing management of VA/GMDB in-force portfolios and compliance with updated regulations and requirements.

About the Job

• Management of the VA/GMDB in-force, Financial Market Transformation (FMT), & Remote Risk Transactions (RRT) portfolios
• Develop, enhance and maintain stochastic models for valuation and pricing of Variable Annuity (VA) riders and their financial market exposures, under both Economic Value Management (EVM) and International Financial Reporting Standards (IFRS) frameworks
• Analyze biometric experience and propose assumption updates for review and approval by Risk Management
• Present material for Quarterly FSG/BRC approvals on transaction level experience
• Perform regular and ad-hoc investigations into existing processes and data
• Collaborate and consult with other groups in L&H and across the wider Swiss Re Group
• Support on-boarding of new transactions
• Support standardizing and productionizing of transactions reporting for valuation, accounting, statutory, risk management and hedging purposes

About the Team

Major relationships include:

• L&H FMI Pricing & Structuring
• L&H Structured Solutions
• Risk Management – Financial Risk Management, Valuations
• Finance
• Treasury
• Asset Management

About You

• Mathematical/Computer Science/Financial modelling/Actuarial Sciences/Finance academic background
• Understanding or interest in life insurance business concepts; 5+ years of experience
• Experience with scripting and analytical languages e.g. Python, R, C++, C, Moses, Prophet, AXIS
• Quantitative technical abilities with practical experience using a range of tools to perform data analytics
• Curious mind interested in investigating the underlying drivers and patterns
• Working level financial markets knowledge
• Performance minded – drive to grow new business, KPI focused

The estimated base salary range for this position is $139,000 to $244,000. The specific salary offered for this role will take into account a number of factors including job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget.

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.

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.

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.

Swiss Re is an equal opportunity employer. It is our practice 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.

Keywords: actuarial, quantitative analyst, financial markets, portfolios, L&H Reinsurance

Reference Code: 134250