Bangalore

Graduate

Part Qualified

Life

Investments

Health

Pensions

Property & Casualty

Reserving

Reinsurance

Systems

Modelling

Coding

Valuation

Consulting

Excel

Power BI

Marine

AXIS

Main tasks/activities/responsibilities:<ul><li>Setting up and maintaining inputs, organizing results for developing into further reports, assessing quality, and validating results.</li><li>Supporting in the development and testing of Actuarial Costing Tools, with a main focus on CPT.</li><li>Using Actuarial Basis - Shareholder Reporting Rules (EVM), USGAAP for model development and testing.</li><li>Developing and improving testing tools.</li><li>Applying technical knowledge and process skills to solve problems and develop solutions, i.e. investigating and interpreting data issues/results.</li><li>Supporting in documenting and communicating outcomes and results to senior colleagues in the team.</li><li>Questioning existing processes and suggesting improvements.</li><li>Having an added advantage if knowledge of advanced coding skills mainly R Prog, C#.</li></ul>Requirements:<ul><li>0-1 year work experience (freshers preferred).</li><li>Graduate or post-graduate in Business Management/Insurance/Actuarial Science/Mathematics/Statistics.</li><li>Minimum 3 Actuarial Exams passed as per new curriculum.</li><li>Understanding of basic insurance concepts and data analytics tools.</li><li>Ability to work accurately and deliver to deadlines.</li><li>Must be able to interpret business specs and ask clarifying questions.</li><li>Excellent oral and written communication skills.</li><li>Strong learning motive.</li><li>Proficiency in working with MS Office, advanced coding skills in R Prog and C#.</li></ul>

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 &amp; Casualty and Life &amp; 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.Position objectives and position summary:Support the L&amp;H Actuarial System/Process team in End to End &amp; co-ordination of IFRS production, centralized testing of L&amp;H actuarial systems, co-ordination/communication activities with various teams such as IT, Regional Actuarial teams, Testing Management teams and L&amp;H IT Production Operations teams.Main tasks/activities/responsibilities:<ul><li>Co-ordinating/Managing with IT teams, Regional Teams, Testing management Teams, Defect Management teams in supporting IFRS Production runs and UAT testing, getting the required signoffs from regions for production releases or patch releases.</li><li>Establishing single point of contact for End to end delivery management, including communication of RAG staton key risks on deliverables, resources across stakeholders from different functions</li><li>Supporting &amp; Resolving IT system issues during production including issue investigation/ proposing solution anUAT</li><li>Co-ordination activities include supporting/updating regions actively on system upgrades and enable them to use the various L&amp;H systems effectively and efficiently</li><li>Standardizing functionalities and process required for IFRS Local and Group reporting process</li><li>Prepare user training materials for reporting and conducting user trainings</li></ul>About You:<ul><li>Graduate or Post Graduate with more than 5 years of experience in actuarial/IT, with experience handling project delivery management, technical IT support to resolve actuarial system issues (System support teams)</li><li>Ability to work accurately and deliver on a timely manner</li><li>Exposure to actuarial valuation process with experience in working with actuaries will be an added advantage</li><li>Must be able to write &amp; interpret business specs and ask clarifying questions</li><li>Strong co-ordination and analysis skills</li><li>Excellent oral and written communication skills</li><li>Strong learning motive and lead projects</li><li>Proficiency in SQL queries and production/UAt support management</li><li>Exposure to reporting tools would be an additional advantage (MSBI/PowerBI)</li></ul>We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, including gender identity or expression, sexual orientation, age, marital status, veteran status, or disability status. Swiss Re offers modern work models and attractive workplaces that allow all employees to adapt to changing work preferences and life phases.

<ul><li>0-1 year Work Experience (Freshers preferred)</li><li>Graduate or Post-graduate in Business Mgt/Insurance/Actuarial Science/Mathematics/Statistics.</li><li>Minimum 3 Actuarial Exams passed as per new curriculum.</li><li>Understand the basic insurance concepts and data analytics tools.</li><li>Ability to work accurately and deliver to deadlines.</li><li>Must be able to interpret business specs and ask clarifying questions.</li><li>Excellent oral and written communication skills.</li><li>Strong learning motive.</li></ul>Proficiency in working with Ms Office, Advanced Coding Skills- R Prog, C#.About iptiQiptiQ partners with established brands around the world to create impactful digital insurance solutions. They make it easier for consumers to buy the insurance they need from the brands they trust. They provide life and non-life insurance through their end-to-end digital platform and build multi-channel customer experiences.What they offer their employees is outstanding. Hybrid working in offices across the world, phenomenal learning &amp; career opportunities and a culture that encourages new perspectives to challenge conventions and come up with innovative solutions. They believe in the power of inclusion and a work environment where everyone can be their authentic self. Drawing on their employees' broad range of perspectives, life experiences and backgrounds, stimulates creativity and gives them a competitive edge. Ignite your curiosity to shape digital insurance.iptiQ is part of Swiss Re, one of the world’s leading providers of re/insurance and risk transfer solutions. This means they’re backed by Swiss Re’s capital strength and more than 150 years of risk knowledge. Through their partnerships, they contribute to Swiss Re’s vision to make the world more resilient.During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.

Position objectives and position summary:
<ul><li>As part of US L&amp;H Business Management team in quarterly valuation</li><li>Co-ordinate with the team in Bangalore and the team in Armonk</li><li>Taking ownership of the tasks assigned and deliver the results conforming to the standards set by the unit</li><li>Pro-actively engaging with the team to improve the process.</li><li>Provide training and guidance to new joiners in the team, to enhance and strengthen the team</li></ul>Main tasks/activities/responsibilities:Main task include preparation of valuation ready data, effecting changes in actuarial valuation system, producing the reserve numbers for various kind of business requirements, applying technical skills to reconcile and analyse the output and supporting new initiatives driven by business unit requirement<ul><li>In conjunction with the North America team:</li><li>To prepare and review data analyses</li><li>To Prepare Change of Basis (COB) and CRR systems (Swiss Re systems &amp; tools) to produce reserve numbers for various lines of business and reconcile numbers with different interfaces along with taking care of controls that are set up</li><li>To run production AXIS models and manage model change process</li><li>To perform scaling process and ensure that scaled results look reasonable</li><li>To prepare and provide variance explanation on the basis of expected versus actual</li><li>To perform ANSEG analysis on overall results on all basis for the allotted ANSEGs</li><li>To load actuarial inputs into FiRE tools and review of valuation results</li><li>To prepare financial statements and exposures for internal and external reporting.</li><li>To review some of the controls for the work performed by junior employees</li><li>Facilitate sign-off of final work product by the Bangalore NA team within agreed upon confidence levels</li><li>To systematically log, communicate and manage issues found until they have been resolved. This will involve cross-cultural coordination and cooperation across regions.</li><li>Simplification of work process through automation in order to bring in process efficiency</li><li>Documenting system and process related changes on regular basis</li></ul>Job requirements<ul><li>Strong data organization and analysis skills</li><li>Excellent oral and written communication skills</li><li>Should be able to partner with team sitting in North America given time differences</li><li>Good team player</li><li>Strong learning motive</li><li>Strong critical thinking skills</li><li>Proficiency in working with Spreadsheet and Database packages</li><li>Fresher or 1 or 2 years of experience</li></ul>About Swiss ReSwiss 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 &amp; Casualty and Life &amp; 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.

About the roleThis position is a promising opportunity to be a part of our Actuarial tools and Analytics function located in Bangalore. Do you bring a strong technical and analytical background and want to further enrich your experience with reinsurance business, underwriting and tool development know-how? If the answer is yes, read on!The role is within the Reinsurance Business Unit in the P&amp;C Centre Cluster which is part of the P&amp;C Tools &amp; Systems. The team is responsible for developing and maintaining the P&amp;C underwriting, costing and pricing tools. We are constantly evolving and developing the underwriting platforms focusing on costing and pricing.Principal Responsibilities<ul><li>Collaborate with the Product owners for large actuarial methods/costing tools and work together in shaping up the strategic landscape development in treaty business</li><li>Take ownership of new actuarial modelling and numerical programming</li><li>Data Analytics and parameter management for major P&amp;C lines of business.</li></ul>About Team:This team is part of distributed P&amp;C Tools and Systems team operating in Zurich, Munich, London, Chicago (Schaumburg) and Bangalore. The key objective of our distributed team is to build and own the major global underwriting, costing and pricing tools to write the property, casualty, Cyber and Special Lines (Aviation, Agriculture, Marine etc.). In addition, the team takes more and more care of the e2e underwriting value chain. We define and implement the strategy for a gradual transformation of the landscape for the underwriting of the future focusing on digitization, automation, transformation and data.<ul><li>Development and productive maintenance of major costing/pricing tools, with the focus on portfolio rating (treaty), and subsequent implementation following reinsurance business needs and requirements in close collaboration with the existing team.</li><li>Building the future tool landscape, with focus on treaty business, considering the full end-to-end underwriting process</li><li>Ensuring operations are implemented according to internal guidelines and standard methodologies</li><li>Providing tool support, knowledge, documentation, training as well as transactional support during peak treaty renewals</li><li>Delivering costing tools, processes and methodology training, particularly with Asia and Australia UW community.</li><li>Supporting development and reviewing local, tactical tools (End Using Applications)</li><li>Ensuring governance process around tool development and actuarial/model reviews</li><li>Ad hoc work within the underwriting and actuarial area, like development of new actuarial models, data analysis, crafting reports, performing business intelligence activities, etc.</li></ul>Skills and Qualifications<ul><li>University degree in Science (Mathematics, Physics, Statistics, Computer Science, Actuarial Science, Engineering.) with solid numerical, mathematical, statistical or similar background</li><li>Job requires handling mathematical business problems. Eager to learn and work in the Reinsurance Domain. Hence Engineering Graduates good in Mathematics/ and or Graduates and masters in Mathematics/Statistics. Good programming skills ( any language C, C++, Java).</li><li>Freshers with Maths/Engineering background apply</li><li>Eager to learn any programming language as required by the job.</li><li>Minimum of 2 to 4 years working experience in Insurance or Reinsurance – preferably with experience in costing/pricing systems</li><li>Experience with programming language like Java, R, C++, C# or similar an advantage</li><li>Flair and experience in designing, specifying, implementing and testing of actuarial functionality in IT systems according to business requirements</li><li>Willingness and ability to achieve a full Actuarial qualification is an advantage but not required</li><li>Product ownership experience for actuarial methods/costing tools will be an advantage</li><li>Capable of understanding and prioritizing business requirements, evaluating different implementation options and translating them into viable IT solutions</li><li>Excellent problem-solving capabilities</li><li>Sound conceptual capabilities and strong analytical skills</li><li>Accomplished interpersonal and communication skills – demonstrates a clear and eloquent standard of written and verbal English communication in a sophisticated environment</li><li>Interested in working in an international, multicultural and complex environment</li><li>Work well in a distributed team with diverse partners spread across the world</li><li>Product Owner or Project management skills and experiences would be an advantage</li></ul>We are an equal opportunity employer, and we value diversity at our company. Our aim is to live visible and invisible diversity – diversity of age, race, ethnicity, nationality, gender, gender identity, sexual orientation, religious beliefs, physical abilities, personalities and experiences – at all levels and in all functions and regions. We also collaborate in a flexible working environment, providing you with a compelling degree of autonomy to decide how, when and where to carry out your task.About Swiss ReSwiss 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 &amp; Casualty and Life &amp; 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.

About the Team:EMEA valuation team is a well-established team involved in end-to-end aspects of the Actuarial Valuation Reporting. We start from data handling until explaining the movements in reporting figures to Head of Reporting who finally signs-off the numbers.About the Role:Support the EMEA L&amp;H Business Management team in conducting regular valuation/reserving related activities every quarter:<ul><li>Assist on regular quarterly valuations/reserve calculations.</li><li>Accurately complete already defined modelling processes including implementation of modelling assumptions, performing model runs, validations of results and its delivery to the reporting actuaries/line owners.</li><li>Perform user acceptance testing for various system and model changes for the actuarial production team.</li><li>Perform required calculations and analysis on IBNR, Profit Commission, STAT/GAAP zeroization and other such activities/requirements.</li><li>Ensuring the team deliverables are met as per pre-approved timelines.</li><li>Perform required validations, analysis to ensure accuracy of the numbers produced as well as keep audit trails of all major validations/checks done.</li><li>Apply technical knowledge and process skills to tackle problems and develop solutions, i.e. investigating data/modelling issues, reconcile different reports/numbers.</li><li>Question existing processes and suggest improvements.</li><li>Interaction with auditors as/when required.</li><li>Assist on 'special projects' carried out to meet specific objectives.</li></ul>About You:You are a driven, motivated individual, who is a strong teammate and can build trust and confidence with your peers and partners. You are outcome driven and have a can-do demeanor and takes accountability of tasks assigned.<ul><li>0-3 years of experience in Actuarial or Operational tasks.</li><li>Progress on actuarial examinations.</li><li>Graduate or above in Actuarial Science/Mathematics/Statistics.</li><li>Ability to work accurately and deliver on a timely manner.</li><li>Must be able to interpret business specs and ask clarifying questions.</li><li>Strong data organization and analysis skills.</li><li>Keeps team tasks on track and highlight issues in timely manner.</li><li>Excellent oral and written communication skills.</li><li>Exposure to insurance or reinsurance actuarial processes an advantage.</li></ul>The Company is an equal opportunity employer. It is the practice of the Company to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.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 &amp; Casualty and Life &amp; 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.

Position objectives/summary:Support the L&amp;H Actuarial System/Process team in co-ordination of IFRS production, centralized testing of L&amp;H actuarial systems, co-ordination/communication activities with various teams such as IT, Regional Actuarial teams, Testing Management teams and L&amp;H IT Production Operations teamsMain tasks/responsibilities:<ul><li>Co-ordinating/Managing with IT teams, Regional Teams, Testing management Teams, Defect Management teams in supporting IFRS Production runs and UAT testing ,getting the required signoffs from regions for production releases or patch releases.</li><li>Establishing single point of contact for End to end delivery management, including communication of key risks on deliverables, resources across stakeholders from different functions</li><li>Supporting &amp; Resolving IT system issues during production including issue investigation/proposing solution</li><li>Co-ordination activities include supporting/updating regions actively on system upgrades and enable them to use the various L&amp;H systems effectively and efficiently</li><li>Standardizing functionalities and process required for IFRS Local and Group reporting process</li><li>Prepare user training materials for reporting and conducting user trainings</li></ul>About You:<ul><li>Graduate or Post Graduate with more than 5 years of experience in actuarial/IT, with experience handling project delivery management, technical IT support to resolve actuarial system issues (System support teams)</li><li>Ability to work accurately and deliver on a timely manner</li><li>Exposure to actuarial valuation process with experience in working with actuaries will be an added advantage</li><li>Must be able to write &amp; interpret business specs and ask clarifying questions</li><li>Strong co-ordination and analysis skills</li><li>Excellent oral and written communication skills</li><li>Strong learning motive and lead projects</li><li>Proficiency in SQL queries and production/UAT support management</li><li>Exposure to reporting tools would be an additional advantage (MSBI/PowerBI)</li></ul>We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, including gender identity or expression, sexual orientation, age, marital status, veteran status, or disability status. Swiss Re offers modern work models and attractive workplaces that allow all employees to adapt to changing work preferences and life phases.About Swiss ReSwiss 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 &amp; Casualty and Life &amp; 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.

About Swiss ReSwiss 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.
At Swiss Re we combine experience with creative thinking and cutting-edge expertise to create new opportunities and solutions for our clients. This is possible thanks to the collaboration of our 15,000 employees across the world.We offer a flexible working environment where curious and adaptable people thrive. Are you interested in joining us?

Main tasks/activities/responsibilities

<ul><li>To setup and maintain inputs, organising results for developing it into further reports, assessment of quality, validation of results.</li><li>To support in development and testing of Actuarial Costing Tools main focus on CPT.</li><li>Use of Actuarial Basis – Shareholder Reporting Rules (EVM), USGAAP for model development and its testing.</li><li>Develop and improve testing tools.</li><li>To apply technical knowledge and process skills to solve problems and develop solutions, i.e. investigating and interpreting data issues/ results.</li><li>Support on documenting and communication of outcomes and results to senior colleagues in the team.</li><li>Question existing processes &amp; suggest improvements.</li><li>Added advantage if knowledge of advanced coding skills mainly R Prog, C#.</li></ul>Job requirements<ul><li>0-1 year Work Experience (Freshers preferred)</li><li>Graduate or Post-graduate in Business Mgt/Insurance/Actuarial Science/Mathematics/Statistics.</li><li>Minimum 3 Actuarial Exams passed as per new curriculum.</li><li>Understand the basic insurance concepts and data analytics tools.</li><li>Ability to work accurately and deliver to deadlines.</li><li>Must be able to interpret business specs and ask clarifying questions.</li><li>Excellent oral and written communication skills.</li><li>Strong learning motive.</li><li>Proficiency in working with Ms Office, Advanced Coding Skills- R Prog, C#.</li></ul>About Swiss ReSwiss 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 &amp; Casualty and Life &amp; 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.

Role Summary<ul><li>Graduate, numerate degree preferred such as Mathematics / Statistics / Economics / Engineering.</li><li>Sound actuarial technical capability with relevant experience of 0 to 1 years</li><li>Experience in pensions or similar will be an advantage</li><li>Ability to work well in a team environment by being respectful and supportive of others, communicating openly and constructively and being an active listener</li></ul>Role Overview<ul><li>Supporting the onshore consultants and other senior team members to provide expert, timely, efficient and professional delivery of client deliverables</li><li>Prepare the client deliverables using the tools, establish reasonableness and reliability of checks and ensure proper audit trails</li><li>Develop technical knowledge and big picture thinking to deliver on various actuarial support service</li><li>Meets deadlines</li><li>Asks questions</li><li>Focuses on quality</li><li>Follows directions</li><li>Pays attention to details</li><li>Volunteers for work when not busy</li><li>Can clearly explain own work</li><li>Documents own work</li><li>Prioritizes valuations independently</li><li>Has expanded project management responsibilities</li></ul>Work Experience<ul><li>Fresher to one year experience</li></ul>Shift Timings<ul><li>12.30pm to 9.30pm</li></ul>Education<ul><li>Graduation or Post Graduation in Mathematics/Statistics (2019 to 2022)</li><li>Pursuing Actuarial Exams, Passed at least one actuarial exam (or equivalently completed an actuarial certification course like B.SC. or M.Sc. in Actuarial Science, etc</li></ul>Skills & Knowledge Requirements<ul><li>Uses formal training to learn technical topics</li><li>Makes learning own responsibility; requests feedback</li><li>Basic knowledge of valuations and ProVal</li><li>Basic knowledge of National Valuation Team standards and processes</li></ul>Mandatory Skills<ul><li>Ability to work independently and within a team environment on a variety of projects, receive instructions from a number of people, and meet project deadlines</li><li>Accuracy and attention to detail</li><li>Self-motivated and goal oriented</li><li>Adhere to all Aon policies</li></ul>Good to have<ul><li>Strong Communication</li><li>Good analytical skills, Proficient in MS Excel and word</li></ul>Works with<ul><li>Small to large project teams and extensive interaction with internal and/or stakeholders</li></ul>

Entry Level & Graduate Actuary Jobs | Vacancies & Career Opportunities