Senior Actuarial Analyst

About the role:

The L&H Pricing & Contracts Team is a global team with employees located in at least 14 cities around the world. They are responsible for defining L&H risk appetite, reviewing large and unusual transactions, pricing tools, methodology and governance, new business steering, and contract wording.

Our vision is to engage the Swiss Re community to steer and enable our L&H business with the goal to make the world more resilient.

This role is part of the CPT team within LHPC Bangalore and has the responsibility of maintenance and availability of the actuarial model for the pricing team. The role will provide support to the CPT team in its day-to-day activities and other requirements.

Roles and responsibilities:

• To set up and maintain inputs, organizing results for developing them into further reports, assessment of quality, and validation of results.
• To support in the development and testing of Actuarial Costing Tools with a main focus on CPT (an internal pricing tool).
• Use of Actuarial Basis – Shareholder Reporting Rules (EVM), USGAAP for model development and its testing.
• Cross collaborate with developers and modeling actuaries to ensure correct implementation of functionality in the tool.

About the Team:

The LHPC is a global team with employees located in at least 14 cities around the world. They are responsible for defining L&H risk appetite, reviewing large and unusual transactions, pricing tools, methodology and governance, new business steering, and contract wording.

Our vision is to engage the Swiss Re community to steer and enable our L&H business with the goal to make the world more resilient.

About you:

• 2-3 years of work experience.
• Graduate or post-graduate in Business Management, Insurance, Actuarial Science, Mathematics, or Statistics.
• Minimum 5 actuarial exams passed as per the new curriculum (CM1 is compulsory).
• Understand the basic insurance concepts and life products.
• Ready to take ownership of tasks and guide them to completeness.
• Must be able to interpret business specifications and ask clarifying questions.
• Ability to work accurately and deliver to deadlines.
• Excellent oral and written communication skills.
• Strong learning motive.
• Proficiency in working with MS Office, especially MS Excel.

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.

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.

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.