Bangalore

Part Qualified

Associate

Qualified

Senior Actuary

Life

Investments

Health

Property & Casualty

Reserving

Reporting

Reinsurance

Risk

Systems

Python

Modelling

Experience Analysis

Coding

Pricing

Valuation

Excel

About the RoleWe are seeking a high performing individual to join our team as a Portfolio Management Actuary – reporting directly to the Head of Portfolio Management. This role offers a unique opportunity to contribute to shaping our portfolio management strategy and ensure its successful execution. The role will involve planning, monitoring, and engaging with cross functional stakeholders to embed and progress this critical initiative.Key Responsibilities:<ul><li>Contribute to the implementation of the portfolio and cycle management framework.</li><li>Support the development of a clear process and framework for portfolio management decision-making and performance management.</li><li>Engage in change management activities across product, market unit and other functions to embed process and decision into day-to-day thinking.</li><li>Support the Smart Circle process from a quarter-to-quarter basis to ensure we are driving the right actions across CorSo portfolios.</li><li>Conduct maturity assessments of portfolios around process, people, and capability in portfolio management, and work with the Head of Portfolio Management and APM leadership team to drive change.</li><li>Provide insights and expertise to support the successful execution of the portfolio management strategy.</li></ul>About the TeamThe Portfolio Management team is part of Actuarial Portfolio Management (APM) Global, reporting to the Chief Underwriting Officer - CorSo. The purpose of the team is to actively support the Smart Circle and Portfolio Management initiatives by providing portfolio insights and proactively steering management actions in delivering sustainable profit.About YouWe are looking for an ambitious, trustworthy, and enthusiastic team player who is keen to progress their career as an actuary. You possess strong communication skills, demonstrating empathy and adjusting your style to meet the needs of your audience. You build networks through solid interpersonal relationships and advocate for driving change. Do you consider yourself to be a "self-starter," able and willing to take initiative and implement measures in a goal-oriented manner bringing:<ul><li>A nearly qualified or qualified actuary with P&C experience (experience in portfolio and cycle management strategies is highly desirable).</li><li>Strong analytical skills, good understanding of reporting systems, actuarial models, and data management.</li><li>Strong industry knowledge, business insight, and technical skills.</li><li>Extensive experience with data and analytical management techniques.</li><li>Strong actuarial technical capability with the ability to both create solutions yourself and coach others to do so.</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 & 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.

About the role:<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 zeroization and other such activities/requirements.</li><li>Ensure the team deliverables are met as per pre-approved timelines.</li><li>Perform required validations and 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 enhancements to improve efficiency and controls in processes.</li><li>Interaction with auditors as/when required.</li><li>Assist on ‘special projects’ carried out to meet specific objectives.</li></ul>About the team:The 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 the Head of Reporting who finally signs off the numbers.About you:<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 in 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 highlights issues in a timely manner.</li><li>Excellent oral and written communication skills.</li><li>Exposure to insurance or reinsurance actuarial processes is an advantage.</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. 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.

The OpportunityMake a difference in your career with one of the biggest reinsurance companies in the world with 12,000+ diverse employees in over 60 offices globally.Our location at the heart of Bangalore has been witnessing balanced growth characterized by the sophisticated and differentiated value delivered to the business. This is your opportunity to join a high-performing team, working in tandem with the actuarial talent pool and other business functions co-located in our setup in Bangalore.The position is part of the Financial Modelling team within the wider Treasury department and reports to the Head of Financial Modelling team Bangalore. We are looking for an Associate Financial Analyst who continuously seeks modelling improvements, takes ownership of multiple IFRS based Financial Plan production processes for the Reinsurance Business Unit, and serves as a credible business partner on all related matters to the wider organization.About the Role:The core activities of the analyst will include:<ul><li>Ownership of tasks specific to refinement/(re)design, testing, and implementation of IFRS Simulation Model (ISM) used for the creation of IFRS Financial Plan and the Expected Change in SST RBC. This includes performing cash flow validation and analysis of ISM output by benchmarking against Group IFRS Model.</li><li>Perform IFRS Simulation Model (ISM) runs that include refinements to the code and/or scenario runs, validating the results before handing over to key stakeholders.</li><li>Support the relevant refinement/redesign, testing, and implementation of BU Planning tools.</li><li>Operation of IFRS Simulation model used for the construction of IFRS based Financial Plan for various Business Units, leading to the construction of balance sheet, income statement, and cash flow statements.</li><li>During the plan production phase, investigate the root cause of various technical queries raised by stakeholders and provide solutions.</li><li>Provide technical support to respective Business Units in understanding various plan-related figures and metrics.</li><li>Collaborate with the Business & Market Units Finance Teams, Underwriting, Reserving, Investment, Funding, Treasury, and other functions to create a complete IFRS based Financial Plan.</li><li>Support and optimize our operational and governance framework to ensure tasks are conducted optimally.</li></ul>About the Team:We are the Financial Modelling Team, an integral part of the FP&A Infrastructure, Automation & Costs (FIAC) team within the Treasury Department. We work closely with the Group functions and BU FP&A teams on significant topics related to the IFRS based Financial Plan. We are responsible for spearheading refinements and updates to the IFRS Simulation Model (ISM) and Planning tools to keep the FP&A systems and processes up to date. This includes both the operation and continued improvement of the modelling tools used for IFRS and SST based Financial Planning.About You:General:<ul><li>Overall, 5-10 years of working experience in quantitative sciences such as actuarial, finance, or risk management functions within (re)insurance.</li><li>Actuarial professionals from acknowledged society with progress on exams.</li><li>Intellectual curiosity with eagerness to improve financial modelling.</li><li>Excellent command of spoken and written English.</li></ul>Specific Technical Skills:<ul><li>In-depth understanding of the P&C or L&H actuarial modelling.</li><li>Exceptional understanding of financial statements with a specific focus on IFRS 17 (or similar economic framework) as an added advantage.</li><li>Exceptional command of MS Office tools, including advanced skills in Excel and good PowerPoint skills. Firsthand experience in SQL/Python is preferred.</li></ul>Specific Soft Skills:<ul><li>Outstanding oral, written, and interpersonal communication skills with the ability to simplify sophisticated technical concepts into business value-focused language.</li><li>Ability to work in a highly collaborative, multicultural, team environment, under pressure and on conflicting priorities.</li><li>Initiative-taking individual who can think analytically.</li></ul>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.

About the Role:<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 zeroization and other such activities/requirements.</li><li>Ensure the team deliverables are met as per pre-approved timelines.</li><li>Perform required validations and 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 and reconciling different reports/numbers.</li><li>Interact with auditors as required.</li><li>Assist on special projects carried out to meet specific objectives.</li></ul>About the Team:The 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 the Head of Reporting who finally signs off the numbers.About You:<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 in 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 highlights issues in a timely manner.</li><li>Excellent oral and written communication skills.</li><li>Exposure to insurance or reinsurance actuarial processes is an advantage.</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 & 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.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.

You will join the exciting Swiss Re journey to transform its global L&amp;H experience studies (ES) landscape by shaping, influencing, introducing, and maintaining a new standardized and state-of-the-art solution built for the global L&amp;H experience studies community.About the RoleThe candidate will be a member of the Leap R Migration Team. Leap R is replacing SAS and R as the experience studies calculation engine for L&amp;H (ex. North America). The Leap R Migration Team is being formed to support the rollout and adoption of the Leap R ES engine by the local experience studies teams in Asia and EMEA.You will be responsible for leading a team of actuarial analysts who will be migrating studies currently undertaken with SAS or R to Leap R, including data preparation and documentation of the process. Through this, you will have accountability for the delivery of experience analyses for stakeholders including experience studies, pricing, and valuation.Key Responsibilities:<ul><li>Provide day-to-day management for a team undertaking experience studies with Leap R, migrated from existing solutions.</li><li>Provide hands-on support as required and work closely and collaboratively with the local experience studies teams to achieve annual migration targets.</li><li>Support validating and reconciling study results with previous studies undertaken with SAS or R.</li><li>Analyse and interpret findings, formulate and communicate conclusions.</li><li>Follow the processes, framework, and standard operating procedure for work to be undertaken by the Leap R Migration Team.</li><li>Ensure experience studies are migrated in line with global experience studies methodology and standards.</li><li>Perform reviews of work and ensure correct documentation of Leap R migrations.</li><li>Foster strong collaboration with colleagues across regions and central teams to ensure alignment and contribution to a common global experience studies approach.</li></ul>About the TeamThe Leap R Migration Team is being formed as a global team to support the adoption of the Leap R tool by the local experience studies teams. Leap R has been developed based on a global methodology to enable ES actuaries to utilize R efficiently to undertake experience studies, facilitating improved generation of insights for pricing and other stakeholders.The Leap R Migration team will work with the Experience Studies Centre and collaborate closely with the local ES teams to deliver migration targets.The Experience Studies Centre is part of the OVAL and Global Experience studies team, within L&amp;H Portfolio Steering &amp; Monitoring (PSM) under the Chief Underwriting Office (CUO). We aim to implement a standardized and state-of-the-art Experience Studies solution that enables effective generation of insights of the L&amp;H business to proactively steer L&amp;H Re in delivering sustainable profits.About YouAre you an effective team worker with strong interpersonal skills who enjoys building working relationships across technical subject areas?Essentials<ul><li>Strong actuarial experience with 9+ years in either L&amp;H reinsurance, primary insurance, or consulting.</li><li>Working knowledge in R.</li><li>Prior hands-on working experience with L&amp;H experience studies.</li><li>Organisation, prioritisation, and planning skills.</li><li>Excellent interpersonal, communication, and influencing skills.</li><li>Able to interact with colleagues across all levels and multiple locations of the organization and work toward a common goal.</li><li>Able to work independently and in a team (including cross-functional teams) to contribute to successful delivery of work.</li><li>Strong analytical skills and the ability and courage to constructively challenge decisions based on emerging information, with a business mindset to be solutions-oriented.</li></ul>Nice to Have<ul><li>Expertise in a variety of L&amp;H products, ideally across Asian or European markets/regions.</li><li>Prior hands-on experience with a system migration or similar transformative project.</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 Role:<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 zeroization and other such activities/requirements.</li><li>Ensure the team deliverables are met as per pre-approved timelines.</li><li>Perform required validations and 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 enhancements to improve efficiency and controls in processes.</li><li>Interact with auditors as required.</li><li>Assist on ‘special projects’ carried out to meet specific objectives.</li></ul>About the Team:The 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 the Head of Reporting who finally signs off the numbers.About You:<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 in 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 highlights issues in a timely manner.</li><li>Excellent oral and written communication skills.</li><li>Exposure to insurance or reinsurance actuarial processes is an advantage.</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 & 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.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.Keywords:Reference Code: 132812

You will join the exciting Swiss Re journey to transform its global L&amp;H experience studies (ES) landscape by shaping, influencing, introducing, and maintaining a new standardised and state-of-the-art solution built for the global L&amp;H experience studies community.About the Team:The Leap R Migration Team is being formed as a global team to support the adoption of the Leap R tool by the local experience studies teams. Leap R has been developed based on a global methodology to enable ES actuaries to utilise R efficiently to undertake experience studies. This facilitates improved generation of insights for pricing and other stakeholders.The Leap R Migration team will work with the Experience Studies Centre and collaborate closely with the local ES teams to deliver migration targets.The Experience Studies Centre is part of the OVAL and Global Experience studies team within L&amp;H Portfolio Steering &amp; Monitoring (PSM) under the Chief Underwriting Office (CUO). We aim to implement a standardised and state-of-the-art Experience Studies solution that enables effective generation of insights for the L&amp;H business to proactively steer L&amp;H Re in delivering sustainable profits.About the Role:The candidate will be a member of the Leap R Migration Team. Leap R is replacing SAS and R as the experience studies calculation engine for L&amp;H (ex. North America). The Leap R Migration Team is being formed to support the rollout and adoption of the Leap R ES engine by the local experience studies teams in Asia and EMEA.You will be responsible for leading a team of actuarial analysts who will be migrating studies currently undertaken with SAS or R to Leap R, including data preparation and documentation of the process. Through this, you will have accountability for the delivery of experience analyses for stakeholders including experience studies, pricing, and valuation.Key Responsibilities:<ul><li>Provide day-to-day management for a team undertaking experience studies with Leap R, migrated from existing solutions.</li><li>Provide hands-on support as required and work closely and collaboratively with the local experience studies teams to achieve annual migration targets.</li><li>Support validating and reconciling study results with previous studies undertaken with SAS or R.</li><li>Analyse and interpret findings, formulate and communicate conclusions.</li><li>Follow the processes, framework, and standard operating procedure for work to be undertaken by the Leap R Migration Team.</li><li>Ensure experience studies are migrated in line with global experience studies methodology and standards.</li><li>Perform reviews of work and ensure correct documentation of Leap R migrations.</li><li>Foster strong collaboration with colleagues across regions and central teams to ensure alignment and contribution to a common global experience studies approach.</li></ul>About You:Essentials:<ul><li>Strong actuarial experience with 9+ years in either L&amp;H reinsurance, primary insurance, or consulting.</li><li>Working knowledge in R.</li><li>Prior hands-on working experience with L&amp;H experience studies work.</li><li>Organisation, prioritisation, and planning skills.</li><li>Excellent interpersonal, communication, and influencing skills.</li><li>Able to interact with colleagues across all levels and multiple locations of the organisation and work toward a common goal.</li><li>Able to work independently and in a team (including cross-functional teams) to contribute to successful delivery of work.</li><li>Strong analytical skills and the ability to constructively challenge decisions based on emerging information, with a solutions-oriented mindset.</li></ul>Nice to Have:<ul><li>Expertise in a variety of L&amp;H products, ideally across multiple global markets/regions.</li></ul>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. 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.

About the Role<ul><li>Develop and maintain the best practice, governance framework and standard operating procedure for experience studies to achieve operational excellence, balancing regional and global requirements and needs.</li><li>Develop and maintain training program around experience studies, which includes but not limited to ES theory, R programming and internal global ES tools.</li><li>Deliver ES training program to the worldwide ES community.</li><li>Foster strong collaboration and involvement across regions and central teams to ensure alignment and contribution to a common global experience studies approach.</li><li>Take a proactive role in the L&amp;H Experience Studies Expert Group, supporting the L&amp;H Experience Studies Centre to shape the future of experience studies.</li><li>Work with and provide support to other team members within ES Centre to deliver the global ES project and other team mandates.</li><li>Act as the local team lead for wider team members within Oval and Global Experience Studies team based in Bangalore and provide day-to-day local location management support to them.</li></ul>About the TeamOur team, Experience Studies Centre, which is a sub-team of the OVAL and Global Experience studies team, forms part of L&amp;H Portfolio Steering &amp; Monitoring (PSM) within the Chief Underwriting Office (CUO).We aim to implement a standardised and state-of-the-art Experience Studies solutions that enables effective generation of insights of the L&amp;H business to proactively steer L&amp;H Re in delivering sustainable profits.The PSM purpose is to generate insights and connect our business to proactively steer L&amp;H in delivering sustainable profit. We therefore closely collaborate with the market units as well as other functions across the L&amp;H community to maximise value and manage risk within our portfolio.About YouMust have<ul><li>Qualified actuary with 8+ years of experience in the L&amp;H actuarial domain.</li><li>Prior hands-on working experience with L&amp;H experience studies and governance framework related work.</li><li>Good knowledge in R programming.</li><li>Great communication and influential skills.</li><li>Ability to interact with colleagues across all levels of the organisation and work toward a common solution.</li><li>Ability to work independently and in a team (including cross functional teams) to contribute to successful delivery of work.</li><li>Strong analytical skills and the ability and courage to constructively challenge decisions based on emerging information, but also have the business mindset to be solutions oriented.</li></ul>Nice to have<ul><li>Expertise in a variety of L&amp;H products, ideally across multiple global markets / regions.</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.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 Role<ul><li>Develop and maintain the best practice, governance framework and standard operating procedure for experience studies to achieve operational excellence, balancing regional and global requirements and needs</li><li>Develop and maintain training program around experience studies, which includes but not limited to ES theory, R programming and internal global ES tools.</li><li>Deliver ES training program to the worldwide ES community</li><li>Foster strong collaboration and involvement across regions and central teams to ensure alignment and contribution to a common global experience studies approach</li><li>Take a proactive role in the L&amp;H Experience Studies Expert Group, supporting the L&amp;H Experience Studies Centre to shape the future of experience studies</li><li>Work with and provide support to other team members within ES Centre to deliver the global ES project and other team mandates</li><li>Act as the local team lead for wider team members within Oval and Global Experience Studies team based in Bangalore and provide day-to-day local location management support to them</li></ul>About the TeamOur team, Experience Studies Centre, which is a sub-team of the OVAL and Global Experience studies team, forms part of L&amp;H Portfolio Steering &amp; Monitoring (PSM) within the Chief Underwriting Office (CUO). We aim to implement a standardised and state-of-the-art Experience Studies solutions that enables effective generation of insights of the L&amp;H business to proactively steer L&amp;H Re in delivering sustainable profits.The PSM purpose is to generate insights and connect our business to proactively steer L&amp;H in delivering sustainable profit. We therefore closely collaborate with the market units as well as other functions across the L&amp;H community to maximise value and manage risk within our portfolio.About YouMust have<ul><li>Qualified actuary with 8+ years of experience in the L&amp;H actuarial domain</li><li>Prior hands-on working experience with L&amp;H experience studies and governance framework related work</li><li>Good knowledge in R programming</li><li>Great communication and influential skills</li><li>Ability to interact with colleagues across all levels of the organisation and worked toward a common solution</li><li>Ability to work independently and in a team (including cross functional teams) to contribute to successful delivery of work</li><li>Strong analytical skills and the ability and courage to constructively challenge decisions based on emerging information, but also have the business mindset to be solutions oriented</li></ul>Nice to have<ul><li>Expertise in a variety of L&amp;H products, ideally across multiple global markets / regions</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.

We are seeking a talented and motivated individual to take on a newly created role in the Life &amp; Health Valuation team – valuing the non-traditional "Financial Lines" transactions.The role presents exciting development opportunities, including exposure to geographically diverse business as well as Swiss Re stakeholders throughout the value chain.About the RoleIn this role you will focus on all Swiss Re's global Life &amp; Health Financial Lines, which consists of variable annuities; products with remote insurance risks; as well as other products with exposure to financial market risks. The inforce portfolio is written across various markets around the world and Swiss Re has significant growth ambitions for this portfolio, noting significant new transactions have been added in the last 12 months.Key responsibilities include:<ul><li>Quarterly valuation on IFRS-17, IFRS-9 and legal entity bases, noting this business is written in multiple jurisdictions.</li><li>Explanation of financial results, including input to the quarterly Business Unit Reserving Committee.</li><li>Maintenance of assumptions, including regular reviews of applicable assumptions with proposals presented to the Business Unit Reserving Committee.</li><li>Engaging with other group-wide financial reporting initiatives such as the annual Business Plan, Group ORSA, Group Risk (Solvency) Model.</li><li>Develop the necessary feedback cycles to prompt management attention/action for the inforce portfolio, working collaboratively with the Financial Markets and Inforce team.</li><li>Liaising with regional Life &amp; Health valuation teams to support their legal entity reporting needs.</li><li>Supporting the operating model for Financial Lines financial reporting, especially with regard to the anticipated growth in this area of Swiss Re's business.</li></ul>About youWe are looking for an open-minded and trustworthy team player who can constructively and respectfully engage in challenging conversations, able to defend their own views on technical topics. To be successful, you need to have strong communication and presentation skills, as well as be able to build effective working relationships with individuals based around the world. We are looking for you if you are/bring:<ul><li>Qualified actuary with relevant valuation experience relating to financial line products in the life &amp; health insurance space.</li><li>Capable of handling multiple priorities - striking a balance between detail and pragmatism.</li><li>Strong knowledge of IFRS-17, IFRS-9 and local entity (statutory) valuation requirements for life &amp; health Financial Lines.</li><li>Modelling experience of Financial Lines deals.</li><li>Structuring and pricing experience for life &amp; health Financial Lines. #LI-Hybrid</li></ul>There will be a case study element to the interview process to be complete at a time convenient for you.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. 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.

You are a creative thinker seeking an exciting opportunity to contribute to Life &amp; Health Re's In-Force Optimisation (IFO) initiatives. Your leadership in the global expansion of IFO will be demonstrated as you leverage your product knowledge to help design and execute on actions that will transform the global life and health balance sheet.About the RoleYou will be responsible for networking with regional experts to develop and execute specific management actions that enhance the overall performance of Life &amp; Health Re's in-force book of business.Key responsibilities:<ul><li>Synthesize the knowledge gathered through professional networking to develop a pipeline of prospective actions that will assist in achieving the IFO 5-year Ambition, and advance the pipeline forward into executable transactions.</li><li>Partner with Regional Portfolio Steering &amp; Monitoring teams (PSM) as well as key individuals within the Marketing Unit(s) via Smart Circle participation to identify regional &amp; MU needs.</li><li>Collaborate with regional actuarial management teams to glean country-specific insights that could provide direct transactional and/or in-force solution opportunities.</li><li>Engage with Finance colleagues to understand the levers within the IFRS reporting framework and characteristics of the existing balance sheet so the financial impacts of any management action is identified early in the process.</li><li>Assist in Life &amp; Health Re's retrocession plans; working closely with Alternative Capital Partners (ACP) as needed.</li></ul>About the TeamYou will be the primary point of contact for key stakeholders within the region regarding IFO in-force structuring initiatives. The position reports directly to the Head of In-Force Structuring and will partner with other IFO resources within the region.About YouYou are a naturally inquisitive person who is self-motivated to engage with others in the quest for information. Your passion to perform is motivated by investigating sub-optimal financial positions and developing innovative tactics to mitigate/resolve these inefficiencies.Essentials<ul><li>Excellent knowledge of the life &amp; health products within the region, especially profitability drivers and risk profiles, obtained via direct experience in costing, actuarial management, or similar roles.</li><li>Keen aptitude of decision making through analytical assessment along with professional judgment.</li><li>Must be able to concisely communicate a management action to key stakeholders. Furthermore, needs to routinely engage with peers throughout the organization via strong verbal and written communication abilities.</li><li>Strong organization skills, able to prioritize multiple concurrent projects.</li></ul>Nice to haves<ul><li>In-depth knowledge of the various local actuarial valuation requirements for our clients, by country.</li><li>Familiarity with general IFRS-17 mechanics; impact assessments.</li><li>Experience leading cross-functional teams in implementation of management actions.</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 roleExcellent opportunity for a P&C reserving actuary to further develop his/her career within an international business environment. This position is embedded in the Swiss Re Corporate Solutions team Actuarial Reserving CorSo, which is part of the Swiss Re Group Risk Management.The main focus of the role will be on the IFRS 17 project with involvement in the reserving, economic valuation and financial reporting for the full picture.In this role you:<ul><li>Support in the group IFRS 17 project and ensure the fulfillment of local requirements.</li><li>Participate in the dry run of IFRS 17</li><li>Support in the quarterly estimation of P&C insurance portfolio reserves (local statutory, US GAAP) including close cooperation with major internal stakeholders (Claims, Underwriting, Pricing, Finance/Accounting)</li><li>Support in estimation of the corresponding pay-out patterns serving as one of the input parameters for EVM and solvency and IFRS 17 calculations</li><li>Contribute to other ad hoc analyses and tasks to support the members of the team</li></ul>Key factors to a successful fulfillment of these responsibilities are close interactions with the main internal stakeholders, the motivation to deepen actuarial and financial knowhow as well as a pro-active attitude.About the teamYou will be part of the Swiss Re Corporate Solutions actuarial reserving team. We are responsible for determining the technical reserves at adequate levels meeting all local statutory and US GAAP requirements globally. In addition, we are supporting Swiss Re Group in all actuarial risk management aspects in respect to Swiss Re Corporate Solutions.About you<ul><li>At least 5 years of experience in P&C (re-)insurance</li><li>Good understanding of IFRS 17 and US GAAP financial principles and reserving methods for P&C (re-)insurance business</li><li>Experienced in using actuarial and statistical software</li><li>Qualified (or close to) actuary of an internationally recognized association</li><li>Strong interpersonal as well as written and verbal English communication skills</li><li>Ability to prioritize, plan, and execute across multiple work efforts simultaneously</li><li>Ability to successfully work together with different personal styles and cultures</li><li>Proactive attitude</li></ul>About Swiss Re Corporate SolutionsSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces 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.

This is a phenomenal chance to join the L&amp;H EMEA Valuation team for the reporting of the Continental Europe portfolio. This role sits within the Risk Management - Valuation and Analysis function.Working together across a broad group of functional areas we are dedicated to running our in-force book, building strong relationships with clients and looking for opportunities to generate value. You will be accountable for ensuring the appropriate reporting of the Continental Europe business on multiple valuation bases for multiple branches.It will be important for you to establish positive connections with other departments such as Finance, Market Units and Client Markets, in addition to other functions such as Technical Accounting, Portfolio Management and Claims – as well as various global functions.Main tasks/activities/responsibilities<ul><li>Lead on the end to end valuation of the Continental Europe Portfolio in the EMEA L&amp;H Valuation team for quarterly/yearly reporting</li><li>Provide high quality commentaries on quarterly reserves and P&amp;L movements and present results to the Head of the Actuarial Team / High Level governance committees</li><li>Comment and propose methodologies suitable for valuation including assumption reviews, interest rate proposal</li><li>Working under multiple reporting regimes: USGAAP, statutory and IFRS, as well as providing input into the internal risk model and solvency reporting (SST, SII)</li><li>Take lead on migration of different treaties on actuarial valuation platforms</li><li>Support the strategic priorities of the function</li><li>Provide guide and support to junior members of the team</li></ul>About You<ul><li>Qualified Actuary with 8+ years of proven experience in reinsurance, life or health insurance products</li><li>Experience with market consistent valuation and/or USGAAP an advantage</li><li>Experience with IFRS17</li><li>Ability to work independently</li><li>Outstanding communication skills, including being capable of presenting results to/discussing results with internal interested parties and senior stakeholders.</li><li>Team work - able to build working relationships across technical fields, and work effectively across the L&amp;H value chain (including non-actuaries).</li><li>Proficient in English, both oral and written.</li><li>Work with teams across various locations</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.

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