Senior Actuarial Analyst

Position objectives and position summary

• Perform quarterly valuation including P&L and Reserve movement explanation and explain to the respective team lead.

• 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 (SST, SII)

• Support the strategic priorities of the Business Management department

Main tasks/activities/responsibilities

• To analyse valuation models used and make changes as required

• Calculation of reserves under different reporting regimes such as USGAAP, Market Consistent and statutory

• Perform reserve analyses, explanation, and commentary

• Explain the contributors of P&L movement

• Apply technical knowledge and process skills to tackle complex problems and develop appropriate solutions

• Question existing processes and suggest improvements where relevant

• Interaction with independent valuation result reviewers

• Documentation of the assumptions, model output and quarterly results

About Team

This is one of the pioneer teams to gain an understanding of the global systems platform that Swiss Re has been targeting and get involved in end-to-end aspects of Swiss Re Continental Europe (CE) reporting. i.e. starting from data handling until explaining the movements in reporting figures. The role offers an opportunity to be a part of a diverse, inclusive atmosphere spread across different locations.

About You

• Advanced actuarial student with good progress towards qualification

• Around 3 years of experience in reinsurance, life or health insurance products

• Experience with market consistent valuation and/or USGAAP an advantage

• Ability to work and handle workloads independently

• Excellent oral and written communication skills

• Good business and financial competence

• Work with a diverse team spread across various locations

• Strong technical knowledge, proficiency in working with spreadsheet packages, knowledge of a modelling software preferred (MoSes, Axis, 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.