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Swiss Re is hiring an

Actuary (P&C)

About the role

We are looking for an ambitious reserving actuary to join our team in performing quarterly and yearly reserve calculations for EMEA market business.

  • You will work with a brand-new actuarial reserving tool, apply the various actuarial reserving methods and decide on the most appropriate reserves for the financial accounts.
  • You will estimate nominal ultimate claims and their pay-out patterns, digging deeper into portfolios as required to identify segments needing specific focus and separate monitoring.
  • You will challenge costing accuracy, contribute to reporting and build a deep understanding of liability reinsurance in particular.
  • You ensure that the overall calculations are comprehensive, complete and well understood.
  • You regularly interact with other functions such as Underwriting, Claims, Technical Accounting and Finance as well as with senior management and build trustful long-term relationships.
  • You will support the transition to IFRS accounting and shape the reporting.
  • You will also regularly work on actuarial-related projects and systems development.

About the team

The hub Zurich EMEA reserving team consists of 7 actuaries with diverse cultural backgrounds. We value a good team and collaborative spirit. We frequently interact with a large number of stakeholders from different functions. Therefore, we value strong communication skills on top of technical expertise. Our Zurich reserving hub mainly reserves all EMEA General Liability treaty business. Additionally, we are responsible for reserving the Credit and Surety and Agriculture business.

About you

Are you an ambitious actuary with 2-4 years of experience in reserving/pricing in Insurance or Reinsurance? Are you ideally, familiar with liability or any other long-tail line of business and (re)insurance markets and products?

  • You have a university degree in science or related subjects.
  • You have strong analytical and quantitative skills.
  • Programming skills in R, Python or other related languages will be considered an advantage.

Fluent in English and another major language, you have multicultural communication skills, curiosity and are a great teammate. We will consider any other major language a plus.

  • You are comfortable multitasking.
  • You show courage, integrity and you earn trust with our partners.
  • You are open to change, always in search of different, more efficient methods.
  • You have a global mindset.
  • You are comfortable taking the lead.
  • You are able to use your experience and judgment with minimal supervision or direction.

We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.

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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