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Swiss Re is hiring a

Senior Analyst Corporate Actuarial (P&C)

About the role:

You will be a part of the Division Europe Middle East & Africa (EMEA) P&C Reserving team in Bangalore and will have ample opportunity to apply your technical actuarial, modelling and data analytics skills across a variety of activities. You will work in collaboration with reserving actuaries based in Europe and globally. You will regularly interact with other functions and departments such as Underwriting, Client Management, Claims, Technical Accounting, Finance, and Risk Management.

  • Quarterly reserves analysis for certain segments of Division EMEA P&C Reinsurance business
  • Quarterly reserve analysis for certain P&C lines of business for all divisions (EMEA, Asia, Americas)
  • Reporting quarterly results to senior management and the reserve committee
  • Estimation of payment patterns
  • Preparation of materials in respect of statutory reporting requirements for legal entities
  • Support various ongoing and ad-hoc initiatives such as improvements to existing tools and processes, portfolio costing deep dives, and pricing feedback
  • Regular liaison meetings with other departments such as Underwriting, Claims, Operations, Finance, and Risk Management
  • Active collaboration with actuaries from other locations

About the team:

The EMEA Reserving team is part of the Bangalore P&C Reserving Hub and falls under the Global Actuarial P&C Re function.

About you:

  • Bachelor's or Master's degree in Mathematics, Statistics, Economics, Physics, or equivalent field
  • 6+ years of experience in the P&C actuarial domain, with at least 4 years of experience in P&C Reserving
  • Sound mathematical and actuarial background, actively working towards the attainment of an actuarial qualification
  • Ability to work independently, accurately, and deliver within timelines
  • Strong data organization and analytical skills
  • Excellent oral and written communication skills
  • Excellent knowledge of insurance accounting principles
  • Experience in any programming language (VBA, R, Python) and visualization tools (PowerBI, Tableau) is an advantage
  • Experience managing small teams is an advantage
  • Experience in statutory reporting & Solvency II is an advantage

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: 134592

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