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Swiss Re is hiring an

AXIS Migration Lead

About the Team :

The L&H Modelling Centre of Excellence (L&H MCoE) is a large global team, responsible for creating and maintaining the AXIS, RAFM and Prophet IBNR actuarial models which used across all Swiss Re L&H Reinsurance locations. With a current team size of 54 based across 4 locations, the L&H MCoE's remit spans from understanding requirements from stakeholders, through to the development, testing, quality assurance, maintenance and on-going support of AXIS, RAFM and Unify.

The L&H MCoE in the wider context of Swiss Re Reinsurance is part of the Life & Health Business Management division, which is responsible for the inforce management of Swiss Re's global L&H Reinsurance business.

An exciting opportunity for a senior actuary to join the L&H MCoE team has become available. This role will have the opportunity to help lead part of the One Modelling project, which is migrating the RAFM actuarial models to AXIS and/or lead the ongoing modelling effort for AXIS models which are already being used in production. This role will work closely with the other MCoE Team Leads, and will be responsible for ensuring AXIS models are implemented and maintained in line with best practice and agreed model design principles.

The MCoE Team Lead will lead a team of up to 10 actuarial staff based in Bangalore and will report directly to the Head of the L&H MCoE Team (who is based in London). This is a great opportunity to join a big global team and be involved in the end-to-end modelling process including design, implementation, testing and handover of AXIS models.

About the Role:

  • Drive the efficient migration and/or development of AXIS models within the agreed time frames.
  • Drive the growth and development of MCoE team members as highly skilled modellers. Provide support to wider MCoE team members via knowledge sharing and mentoring.
  • Guide and challenge the technical development of the AXIS platform using your AXIS modelling expertise (training can be provided for individuals with a strong modelling aptitude in other platforms).
  • Ensure AXIS model developments and related testing activities are conducted in a controlled, auditable and robust manner in accordance with best practice and the documented model governance framework.
  • Drive continuous process improvements to optimize efficiency and work product quality.
  • Collaborate with all respective regional teams to steer the prioritisation of AXIS work, so that it provides the most effective outcome for the L&H business
  • Support regional teams in resolving issues related to the operation or fit-for-purpose of the production AXIS models.

About you:

As a qualified / part qualified actuary with 7+ years of life insurance/reinsurance experience, the successful candidate will be able to demonstrate sound technical actuarial knowledge and experience leading a team of actuarial staff in developing actuarial models, specifically cash flow projection models, including understanding the actuarial assumptions, data and methodology and analysing and explaining the resulting cashflow and reserve projections.

The ideal candidate will have the following skills/experience:

  • Skilled actuarial software developer and/or user with at least 7+ years of experience in the insurance/actuarial industry. Development experience using RAFM, AXIS, VBA, SQL or Python is ideal but not necessary. Training will be provided as needed.
  • Excellent organisational and analytical skills with attention to detail โ€“ able to quickly absorb details on business structure, product features and model requirements.
  • Ability to robustly develop and communicate actuarial best practice (setting up models, documentation, governance, analysis, testing etc) including reviewing and challenging work of team members to ensure best practice is being followed
  • Experience mentoring and coaching team members of varying experience and driving team engagement
  • Excellent communication, both written and verbal, with an ability to work with other MCoE/project team members in multiple locations
  • Ability to identify complex problems, find innovate solutions and translate this into software solutions within the modelling platform that are robust but also efficient and transparent
  • Ability to work independently, reliably, efficiently, transparently, accurately and deliver to deadlines
  • Shows initiative in identifying issues and supporting other team members, peers and senior stakeholders
  • Ability to work under pressure and prioritise tasks accordingly

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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