Actuarial Analyst

About Role

This role is part of the CPT team within LHPC Bangalore and has the responsibility of maintenance and availability of the actuarial model for the pricing team. The role provides support to the CPT team in its day-to-day activities and other requirements.

• To set up and maintain inputs, organize results for developing further reports, assess quality, and validate results.
• To support in the development and testing of Actuarial Costing Tools, with a main focus on CPT.
• Use of Actuarial Basis – Shareholder Reporting Rules (EVM) and USGAAP for model development and testing.
• Develop and improve testing tools.
• Apply technical knowledge and process skills to solve problems and develop solutions, i.e., investigating and interpreting data issues/results.
• Support in documenting and communicating outcomes and results to senior colleagues in the team.
• Question existing processes and suggest improvements.
• Added advantage if knowledge of advanced coding skills, mainly R Programming and C#.

About the Team

The LHPC is a global team with employees located in at least 14 cities around the world. The team is responsible for defining L&H risk appetite, reviewing large and unusual transactions, pricing tools, methodology and governance, new business steering, and contract wording. Our vision is to engage the Swiss Re community to steer and enable our L&H business with the goal of making the world more resilient.

About You

• 0-1 year work experience (Freshers preferred).
• Graduate or Post-graduate in Business Management, Insurance, Actuarial Science, Mathematics, or Statistics.
• Minimum 3 Actuarial Exams passed as per the new curriculum.
• Understand basic insurance concepts and data analytics tools.
• Ability to work accurately and deliver to deadlines.
• Must be able to interpret business specifications and ask clarifying questions.
• Excellent oral and written communication skills.
• Strong learning motive.
• Proficiency in working with MS Office and advanced coding skills in R Programming.

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.

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.

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: 134512