Reporting Actuary (Hybrid)

About the team

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 in Israel.

About the role

The key responsibilities include:

• Deep dive into various product lines, proactively identify the areas to improve.
• Perform experience study and enhance data/model/process whenever needed. Apply actuarial judgement in assumption setting.
• Communicate directly or support senior actuaries for assumption proposals and impact with key stakeholders.
• 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.
• Provide quality reserve and income statement submissions for internal and external reporting (local and Swiss statutory, IFRS 17).
• Working closely with other functions (including Market Unit, Costing, Accounting, Finance, product team etc) and be a key member of the market cross functional teams.
• Coordinating workflow and providing support to more junior team members as required.

About the wider 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.

About You

• Qualified/part-qualified Actuary with good progress made towards Actuarial qualification, preferably with more than 5 years of experience in L&H re/insurance.
• Strong analytical skills, attentive to details, and able to challenge the status quo and lead/drive enhancements.
• 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/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.

Work Model

Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.

For London, the annual base salary range for this position is between GBP 60,000 and GBP 90,000 (for a full-time role). The specific salary offered considers:

• The requirements, scope, complexity and responsibilities of the role.
• The applicant's own profile including education/qualifications, expertise, specialization, skills and experience.

In addition to your base salary, Swiss Re offers an attractive performance-based variable compensation component, designed to recognize your achievements. Further, you will enjoy a variety of global and location-specific benefits.

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 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. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients.

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.

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.