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Actuarial Analyst

Swiss Re is seeking an actuarial analyst with strong coding experience, or an experienced coding expert with P&C insurance experience to join its regional actuarial team in Singapore, Hong Kong or Seoul, reporting to the Corporate Actuary, Swiss Re Asia.

The position will be responsible for:

  • Preparing statutory reporting filings for one or more of the branches of Swiss Re in Asia.
  • Assist in the evaluation and preparation of Group reserves and reporting for Swiss Re's Asia P&C business.
  • Provide custom and/or automated coded solutions for the Asia team.

This position is an Assistant Vice President role. Actual responsibilities will be weighted towards the successful candidate's skillset (actuarial / coding).

Specific responsibilities include but are not limited to the following:

  • Supports quarterly review of P&C loss reserves for Swiss Re's Asia Operations
  • Provide support to the senior Actuarial & Reserving leaders in the region as necessary
  • Support discussions with underwriting in relation to reserving feedback loops and other product analysis
  • Responsible for statutory matters relating to P&C Reinsurance for one branch, completing internal and external reporting as required (e.g. Branch Management Committee, Liability Valuation Report, Appointed Actuary, ICAAP/ORSA).
  • Provide additional support to other branches' statutory reporting as required.
  • Support other areas of the company including Finance, Planning and the transition of accounting standards to IFRS17.
  • Work with regulators and internal/external auditors on routine and special matters
  • Work on other projects as assigned including participating in internal underwriting audits
  • Develop and maintain relationships with local actuarial and industry associations
  • Participate in industry related committees representing Swiss Re

Position Requirements:

  • 5+ years' experience in a Property & Casualty environment (insurance/reinsurance, commercial lines); reinsurance experience a significant advantage.
  • Newly or nearly qualified actuary OR experienced programmer in R.
  • University degree in actuarial science or related field (mathematics or finance) OR computing science related degree.
  • Actuarial valuation and reporting experience
  • Very good understanding of actuarial, accounting, information systems and investments.
  • Familiarity with IFRS17. Korea-specific experience would be an advantage but is not a requirement.
  • Knowledge of statutory, regulatory and insurance accounting environments. Experience specific to Korea would be a significant advantage but not a requirement (knowledge of other Asian environments would also be viewed favourably).
  • Excellent written and verbal English skills. Fluency in Korean would be a significant advantage but not a requirement (knowledge of another Asian language would also be viewed favourably).
  • Strong practical capabilities in Microsoft Office and other business software applications; extensive programming skills in data analytics applications (R, Python) would be a significant advantage.
  • Independent self-starter
  • Accomplished interpersonal and communication skills – demonstrates a clear and articulate standard of written and verbal communication in a complex environment
  • Proactive in seeking out and providing information
  • Actively looks to add value and take on additional responsibility
  • Ability to work under pressure and prioritize tasks accordingly

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.

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⛔️ Swiss Re are no longer taking applications for this job.

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