Senior Portfolio Manager (Product Management Actuary)

Are you keen to be part of the team to support the portfolio growth of the Financial Solutions Ambition announced as part of the L&H Ambition Reset? Are you savvy with financial reinsurance and capital solutions, and excited about optimizing performance under the updated regulatory frameworks for VA/GMxB and related product lines?

About the Job

• Manage the in-force performance of VA/GMxB, Financial Market Transformation (FMT), and Remote Risk Transactions (RRT) portfolios.
• Develop, enhance and maintain stochastic models for valuation and pricing of VA and GMxB riders under economic, International Financial Reporting Standards (IFRS), and US Statutory frameworks.
• Use scripting languages for regular production, performance optimization, management reporting, etc.
• Analyze biometric experience and propose assumption updates for review and approval by Risk Management.
• Present material for Quarterly Monitoring committees on transaction level experience.
• Perform regular and ad-hoc investigations into existing processes and data such as policy data, Profit & Loss attribution, reserving and capital calculations.
• Collaborate and consult with other groups in L&H and across the wider Swiss Re Group with a view to continually improve our ability to manage the financial and biometric exposures of the portfolio.
• Support on-boarding of new transactions and new products, leading internal coordination across functions in L&H to ensure the smooth transition of models and processes into production.
• 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 with 5+ years of experience.
• Experience with scripting and analytical languages such as 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, collaboration with Treasury.
• Performance minded – drive to grow new business, KPI focused.

For Switzerland, the base salary range for this position is between CHF 128,000 and CHF 192,000 for a full-time role. The specific salary offered considers the requirements, scope, complexity and responsibilities of the role, as well as the applicant's profile including education, qualifications, expertise, specialization, skills and experience.

In the situation where you do not meet all the requirements or you significantly exceed these, the offered salary may be below or above the advertised range. In addition to your base salary, you may be eligible for additional rewards and benefits including an attractive performance-based bonus.

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:134510