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Actuarial Analyst

About the Role:

The EMEA valuation team is a well-established team involved in end-to-end aspects of the Actuarial Valuation Reporting. We handle data, explain movements in reporting figures to the Head of Reporting, and assist the EMEA L&H Business Management team in conducting regular valuation/reserving related activities every quarter. This includes:

  • Assisting with regular quarterly valuations/reserve calculations.
  • Accurately completing already defined modeling processes, including implementation of modeling assumptions, performing model runs, validations of results, and delivery to the reporting actuaries/line owners.
  • Performing user acceptance testing for various system and model changes for the actuarial production team.
  • Performing required calculations and analysis on IBNR, Profit Commission, STAT/GAAP zeroization, and other such activities/requirements.
  • Ensuring the team deliverables are met as per pre-approved timelines.
  • Performing required validations and analysis to ensure accuracy of the numbers produced, as well as keeping audit trails of all major validations/checks done.
  • Applying technical knowledge and process skills to tackle problems and develop solutions, such as investigating data/modelling issues and reconciling different reports/numbers.
  • Questioning existing processes and suggesting improvements.
  • Interacting with auditors as/when required.
  • Assisting on 'special projects' carried out to meet specific objectives.

About You:

You are a driven, motivated individual who is a strong teammate and can build trust and confidence with your peers and partners. You are outcome driven and have a can-do demeanor and take accountability for tasks assigned. Requirements:

  • 0-3 years of experience in Actuarial or Operational tasks.
  • Progress on actuarial examinations.
  • Graduate or above in Actuarial Science/Mathematics/Statistics.
  • Ability to work accurately and deliver on a timely manner.
  • Must be able to interpret business specs and ask clarifying questions.
  • Strong data organization and analysis skills.
  • Keeps team tasks on track and highlights issues in a timely manner.
  • Excellent oral and written communication skills.
  • Exposure to insurance or reinsurance actuarial processes is an advantage.

The Company is an equal opportunity employer. It is the practice of the Company 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. Decisions on employment are solely based on an individual's qualifications for the position being filled.

During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.

About Swiss Re:

Swiss Re is one of the worldโ€™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.

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โ›”๏ธ Swiss Re are no longer taking applications for this job.

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