Reporting Actuary (Hybrid)

We are looking for a talented and motivated individual to join the L&H Actuarial Valuation team for Continental Europe (CE). This role will offer the opportunity to take responsibility for financial reporting and in-force management of our life and health (L&H) business across several interesting markets.

About the role

Key responsibilities include:

• Provide quality reserve and income statement submissions for internal and external reporting (local and Swiss statutory, IFRS 17).
• Applying actuarial judgement to challenging or subjective areas of the work done within the wider team, such as valuation assumption setting.
• Supporting the review and consolidation of results for the entire CE region – including ensuring the transparent onward communication of these results.
• Participating in management activities (i.e. recaptures and changes in treaty terms) from an actuarial perspective and taking a proactive approach to management of the in-force portfolio.
• Working closely with other functions (including Finance, Products and Client Markets) and be a key member of the market cross-functional team.
• Communicating results to internal stakeholders.
• Coordinating workflow of and providing support to more junior team members as required.

About the team

The wider CE Actuarial valuation team is part of L&H Group Risk Management EMEA and is made up of around 35 people, split between Zurich, Bangalore, and London. The remit of the team covers all L&H business written in our Continental European markets and therefore involves working with a wide range of internal stakeholders in various functions.

Key objectives of the team are the delivery of robust and transparent quarterly financial results, supporting active management of our in-force portfolio to help maintain our L&H ROE, and delivering improvements in operational efficiency.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

About You

• Qualified/part-qualified Actuary with good progress made towards Actuarial qualification, preferably with more than 3 years of experience in L&H re/insurance.
• Understanding of the methods of calculating policy liabilities.
• A good understanding of IFRS17 reporting framework.
• Teamwork - able to build working relationships across technical disciplines and work effectively across the L&H value chain (including non-actuaries).
• Capable of managing own workload when faced with multiple priorities, but willing to seek guidance from line manager as required.
• Strong communication skills, including being capable of presenting results to and discussing results with internal interested parties and senior stakeholders.
• Proficient in MS Excel. Knowledge of MS Power BI and/or database software would be considered an advantage.
• Strong written and verbal communication skills in English are required.

For Switzerland, the base salary range for this position is between 96,000 CHF and 144,000 CHF for a full-time role.

The specific salary offered considers the requirements, scope, complexity, and responsibilities of the role, as well as the applicant's profile including education/qualifications, expertise, specialization, skills, and experience.

In addition to your base salary, you may be eligible for additional rewards and benefits including an attractive performance-based annual bonus.

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.

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.

If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

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