Sr Portfolio Steering Actuarial Analyst

About the Role: Position summary & Main tasks/activities

The candidate will be responsible to support the team on new business steering of key global L&H portfolios. It requires strong business acumen, technical ability, agility, stakeholder management skills as well as strategic mindset.

Major responsibilities are to support the team to:

• Work with various databases to extract and analyze data on financial performance and business plan.
• Co-ordinate and drive implementation of relevant strategic priorities and global new business steering activities
• Collaborate with the L1 portfolio owner to drive the global portfolio strategy and with the L2 owners in their respective markets to monitor and steer the portfolio.
• Drive steering KPIs under IFRS regime.
• Understand financial performance and market characteristics of portfolio.
• Support the strategic direction of each line of business and articulate clearly in the Strategic Plan; define clear risk appetite and optimal portfolio mix.
• Provide input into annual business plan with iterative adjustments to meet margin, total profitability, and top line targets; incorporates TLP input.
• Collaborate with LHPC to define margins for each MU and specific markets.
• Establish and maintain a proactive approach to setting and monitoring Margin Management requirements, ensuring cohesion with Plan, Risk Appetite and Mortality Capacity management.
• Drive capacity limit setting annually with regular monitoring.

Qualifications:

• Passed at least 4-6 actuarial papers
• Experience of 5+ years in L&H Reinsurance pricing or valuation. Understanding of Swiss Re financial metrics and EVM guidelines will be a plus

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.