Folkestone

London

Part Qualified

Associate

Qualified

Life

Health

Reserving

Reporting

Reinsurance

Risk

Systems

Modelling

Prophet

Coding

Valuation

Power BI

AXIS

Microsoft Azure

About the teamThe Portfolio Monitoring & Insights EMEA (PM&I EMEA) team works in close collaboration with various functions in Life & Health (L&H) and in partnership with Market Units in Continental Europe, UK & Ireland, and Middle East & Africa. Our purpose is to generate insights and connect our business to proactively steer the business in delivering sustainable profits.We achieve this by strengthening feedback loops across L&H and by delivering portfolio monitoring capabilities. We are an engaged and agile group of individuals with a distinct financial foresight and a flair for creativity and problem solving.About the RoleThis role provides an excellent opportunity to collaborate with various teams regionally and globally across the entire L&H business. In your role you will:<ul><li>Be the key partner for portfolio monitoring priorities in specific Continental European markets to identify and monitor key portfolio risks.</li><li>Carry out proactive monitoring of the L&H portfolio and execute management actions including in-force rate reviews and material recaptures.</li><li>Perform deep dive investigations to understand the drivers of performance and lead execution of relevant actions.</li><li>Structure and lead strategic projects with partners across L&H Re.</li><li>Use data analytics and visualisations to communicate portfolio performance, highlighting areas of concern and insights that steer business decisions.</li><li>Analyse and interpret financial results under various valuation methods used within Swiss Re.</li><li>Support the Chief Underwriting Officer review of Business unit Reserving Committee materials.</li><li>Be a driving force behind initiatives to further embed and optimise how we monitor the in-force portfolio as well as identify and execute management actions under IFRS.</li><li>Provide training and coaching in support of personal growth opportunities within the team and delivery of PSM objectives.</li></ul>About You<ul><li>Qualified Actuary with an inquisitive, pragmatic and commercial mindset.</li><li>A minimum of 6 years working experience in the insurance/(re)insurance market.</li><li>Excellent understanding of various valuation methods including IFRS17.</li><li>Strong financial acumen, ability to interpret financial results and formulate tangible actions.</li><li>Experience in successfully leading projects of key strategic importance.</li><li>Analytical mindset with a passion for leveraging data and technology to steer business decisions.</li><li>An independent and creative thinker with proven negotiation skills and an ability to constructively challenge.</li><li>Ability to think strategically combined with hands-on approach to get things done and deliver value.</li><li>Excellent at networking, ability to engage and build positive relationships with various internal and external partners.</li><li>Fluency in an additional European language is a plus.</li></ul>We are looking forward to your application!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.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.

This is an exciting opportunity for a skilled part qualified actuary with modelling experience to be part of the Life &amp; Health Valuation Centre of Excellence, contributing towards model development and supporting regional valuation teams who are ultimately responsible for the inforce management of Swiss Re's global L&amp;H Reinsurance business.About the Role<ul><li>Support the development and maintenance of models used for analytics on an IFRS17 basis</li><li>Work with regional partners to review results and provide insights leveraging on expertise of the model</li><li>Able to handle stakeholder requests and deliver solutions independently</li><li>Produce high quality models and associated documentation for the user community. Ensure model development and testing activities are in accordance with agreed model governance framework and testing procedures</li><li>Enhance and extend model validation tools as needed</li><li>Drive continuous process improvements to maximize productivity and work product quality</li></ul>About the TeamThe Central Prophet Analytics Team is part of Life &amp; Health Valuation Centre of Excellence, and is responsible for the development, maintenance, and on-going support of the Prophet based solution used by regional valuation teams.About YouWe are looking for an open-minded, detail oriented and enthusiastic team player who can constructively and respectfully engage in challenging conversations. To be successful, you need to have strong communication, negotiation and partnering skills. Are you at ease with leaving the comfort zone and performing under pressure? Do you consider yourself to be a "self-starter", able and willing to take initiative and implement measures in a goal-oriented manner with:<ul><li>Partially qualified Actuary with at least 3 years of experience in the insurance and/or reinsurance industry</li><li>Working Knowledge on DCS / Prophet</li><li>Good understanding of fundamental actuarial concepts</li><li>Exposure to IFRS17 libraries is preferable</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. 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.

An exciting opportunity to help shape and drive the global working environment for Life &amp; Health (L&amp;H) Valuation. Taking accountability for designing and implementing the next-generation L&amp;H valuation environment - to build a fully automated production process that continuously updates valuation results with the latest actuarial assumption and cedent data. Driving greatly enhanced automation and efficiency across global operations.Core to this role is the design, specify, test and rollout system and process changes in actuarial/technical accounting landscape to support IFRS-AVA Programme.<ul><li>Liaise directly with IT, regional actuarial teams, FPSL and IFRS projects and other stakeholders as required to ensure deliverables are fit for purpose</li><li>Working with IT and L&amp;H Valuation CoE Process and Systems colleagues, to design and specify system and process developments</li><li>Develop testing plans for system/process enhancements, integrated with downstream or upstream systems as required (e.g. ADAM, FPSL, CMP DWH), and developed in conjunction with regional actuarial teams</li><li>Execute testing of system/process enhancements</li><li>Support development of rollout approaches/plans with relevant stakeholders and collaborating projects.</li><li>In close collaboration with product owners, programme management and leadership, ensuring the end-to-end process is efficient and meets the target vision of a continuously operating valuation process that is simple, robust and fully automated.</li></ul>We are looking for an enthusiastic team member to the join the IFRS-AVA Programme. We want you to be an integral part of the L&amp;H Valuation CoE Process and Systems team and In collaboration with IT to help to reshape the actuarial landscape for the future.The transformation programme team comprises of experienced actuarial and technology experts bringing their drive and expertise to develop a better way of working for our valuation teams.<ul><li>Experience of actuarial/finance system or process development required – ability to see how things should be done, not follow how they have been done before</li><li>Ability to balance theoretical requirements with pragmatic solutions</li><li>At least 5 years in actuarial role in insurance or reinsured required, Qualified Actuary preferred but not essential.</li><li>Knowledge of some reporting bases used at Swiss Re required (e.g. IFRS17, USGAAP, Local Statutory, Economic Valuation)</li><li>Ability to work effectively in a diverse multi-project, multi-region team environment</li><li>Ability to navigate ambiguity (new system and new reporting requirements)</li><li>Ability to deliver ambitious targets and effective at generating enthusiasm for the same.</li><li>Very proactive and able to work within an uncertain and continually changing environment.</li><li>Experience of Agile/Scrum methodology and Azure Dev Ops – preferred but not essential</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 Swiss Re



<div>
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. 




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About the Role



Become an integral part of the Global Actuarial Process &amp; Systems team!



Would you like to help us shape the global working environment for the corporate actuarial function in L&amp;H Business Management? 



We offer you a great opportunity to design and implement a common global valuation system and reporting process, driving greatly improved standardisation and efficiency across our global operations. 

You will play a key role in the Actuarial Operations and Solutions (AOS) team to reshape the actuarial landscape and ensure its future readiness in the face of changing reporting requirements, regulatory changes, and constantly evolving technologies.   

  

This Senior Actuarial Analyst, Assistant Vice President role is a very flexible position that offers the opportunity to work on a wide range of topics depending on your skills and interest.  



<a>About the Team



Actuarial Operations and Solutions (AOS) plans, builds, operates, and improves Swiss Re's global systems and processes for Life &amp; Health business. We own and operate Swiss Re's largest application and database which is used by regional valuation teams, Finance, Portfolio Management, Risk Management, and other business-steering departments.  We comprehend business challenges in order to provide solutions and make strategic decisions that will help the valuation landscape in preparing for the future by launching or supporting projects.  We have about 15 team members spread across the globe, including Toronto, Armonk, Bangalore, London, and Zurich.  Our strengths stem from the diverse backgrounds and skills of our team members including actuarial (pricing, valuation, AXIS modelling, product development, risk management), testing, information technology, and project management.       



Main duties:



The role can be quite flexible, but the activities would fall into either, or split across both categories below, based on the candidates' skills and interest:



System Change Implementation: 



<ul>
	<li>
	Help manage the regular system development releases. From prioritizing the initial scope, to gathering the business requirements to ultimately ensuring the changes are robustly tested
	</li>
	<li>
	The focus here is mainly on change management, stakeholder management and system solutions
	</li>
</ul>



Business Process and Controls: 



<ul>
	<li>
	Help enhance the existing global process documentation, including the regional valuation controls
	</li>
	<li>
	It could also include a number of project pieces relating to standardizing processes globally
	</li>
	<li>
	The focus here is mainly on documentation, business process, controls, and stakeholder management. 
	</li>
</ul>



About You



<ul>
	<li>
	5+ years of recent relevant experience in an actuarial-oriented position
	</li>
	<li>
	Effective at working with virtual cross-functional teams across the globe.
	</li>
	<li>
	Good knowledge of the end-to-end reporting process. 
	</li>
	<li>
	Driven to deliver ambitious targets and effective at generating enthusiasm for the same. 
	</li>
	<li>
	Proactive and able to work within an uncertain and continually evolving environment.
	</li>
	<li>
	Past exposure to projects or system solutions would be advantageous.
	</li>
</ul>

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As the COVID-19 pandemic continues to impact the world, it is our responsibility to help keep our employees, customers, partners and communities healthy and safe.  SwissRe will require all candidates interviewing in person in the United States and Canada to provide evidence of vaccination when arriving at our offices. 

 

Swiss Re is an equal opportunity employer. It is our practice 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. 
 

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Reference Code: 116672 


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