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Swiss Re is hiring a

Senior Actuarial Analyst

Position objectives and position summary

The L&H Pricing & Contracts (LHPC) is a global team responsible for defining L&H risk appetite, reviewing large and unusual transactions, pricing tools, methodology and governance, new business steering, and contract wording. This role is part of the PRIMA team (Pricing Methodology & Impact Analysis) within LHPC Bangalore and has responsibility for support on work done for pricing tools, methodology, and governance.

Main tasks/activities/responsibilities

  • Extract, analyze and report on costing and quote data, for example reporting margins across different portfolios.
  • Impact testing of new parameters or methodology for costing.
  • Understand, consult and advise regional pricing teams on pricing methodology related topics including IFRS 17.
  • Support in development and testing of new functionality of L&H costing applications.
  • Apply technical knowledge and process skills to investigate issues and develop solutions as relating to costing tools and processes.
  • Efficient programming skills (R or similar) used to develop solutions for analysis and visualization of results on platforms such as Stargate.
  • Clearly documenting and communicating results to senior colleagues in the team.
  • Question existing processes & suggest improvements.

Job requirements

  • Graduate or Post-graduate in Business Mgt/Insurance/Actuarial Science/Mathematics/Statistics.
  • 3+ years of experience in the Life & Health actuarial domain.
  • Minimum 5 Actuarial Exams passed with high motivation towards actuarial qualification.
  • Excellent analytical skills and attention to detail.
  • Ability to work accurately and deliver to deadlines.
  • Must be able to interpret business specs and ask clarifying questions.
  • Excellent oral and written communication skills.
  • Strong learning motive.
  • Proficiency in working with MS Office, Advanced Coding Skills (R Prog, VBA) with keen interest to develop further.

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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