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Swiss Re is hiring a

Senior Actuary

About the role

Excellent opportunity for a P&C reserving actuary to further develop his/her career within an international business environment. This position is embedded in the Swiss Re Corporate Solutions team Actuarial Reserving CorSo, which is part of the Swiss Re Group Risk Management.

The main focus of the role will be on the IFRS 17 project with involvement in the reserving, economic valuation and financial reporting for the full picture.

In this role you:

  • Support in the group IFRS 17 project and ensure the fulfillment of local requirements.
  • Participate in the dry run of IFRS 17
  • Support in the quarterly estimation of P&C insurance portfolio reserves (local statutory, US GAAP) including close cooperation with major internal stakeholders (Claims, Underwriting, Pricing, Finance/Accounting)
  • Support in estimation of the corresponding pay-out patterns serving as one of the input parameters for EVM and solvency and IFRS 17 calculations
  • Contribute to other ad hoc analyses and tasks to support the members of the team

Key factors to a successful fulfillment of these responsibilities are close interactions with the main internal stakeholders, the motivation to deepen actuarial and financial knowhow as well as a pro-active attitude.

About the team

You will be part of the Swiss Re Corporate Solutions actuarial reserving team. We are responsible for determining the technical reserves at adequate levels meeting all local statutory and US GAAP requirements globally. In addition, we are supporting Swiss Re Group in all actuarial risk management aspects in respect to Swiss Re Corporate Solutions.

About you

  • At least 5 years of experience in P&C (re-)insurance
  • Good understanding of IFRS 17 and US GAAP financial principles and reserving methods for P&C (re-)insurance business
  • Experienced in using actuarial and statistical software
  • Qualified (or close to) actuary of an internationally recognized association
  • Strong interpersonal as well as written and verbal English communication skills
  • Ability to prioritize, plan, and execute across multiple work efforts simultaneously
  • Ability to successfully work together with different personal styles and cultures
  • Proactive attitude

About Swiss Re Corporate Solutions

Swiss Re is one of the worldโ€™s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.

Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces 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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