Stockholm

Graduate

Part Qualified

Associate

Qualified

Life

Reporting

Reinsurance

Python

Data Science

Experience Analysis

Coding

Pricing

Machine Learning

Excel

Power BI

The Swedish Life &amp; Health Reinsurance unit is seeking an Actuarial Analyst to provide valuation support for a wide range of reporting purposes within the valuation function. This is a challenging and exciting role and requires a candidate with strong technical and communicative skills. Working within a small and committed team with international cooperation, you will be provided the opportunity to evolve your analytical and actuarial skills.If you are willing to further develop, grow together with Hannover Re and be part of a dynamic team, then this is the opportunity for you.Your Tasks<ul><li>Modelling and Data Management for Solvency II and IFRS 17</li><ul><li>Assumption setting for internal modelling under Solvency II and IFRS 17</li><li>Development of cash flow projections for individual reinsurance contracts</li><li>Ensure appropriate documentation is maintained</li></ul><li>Financial Reporting</li><ul><li>Quarterly book closing</li><li>Prepare the IFRS 17 and Solvency II reporting for Stockholm Branch deliverables and coordinate with Head Office in Hannover</li><li>Development of standardised tools for reporting purposes</li><li>Ensure appropriate documentation is maintained</li></ul><li>Data Analytics - Experience Analysis</li><ul><li>Prepare formal experience analysis on existing business for inforce management</li><li>Assist in best estimate assumption setting</li></ul></ul>Your Profile<ul><li>University degree in Actuarial Science or Mathematics</li><li>Experience of working in life insurance or reinsurance is an advantage</li><li>Working knowledge of Excel including VBA is an advantage</li><li>Computer programming skills (VBA, C++, R, SQL, Others)</li><li>Attention to detail</li><li>Strong verbal and written communication skills in English</li><li>Highly organised and strong time management skills</li><li>Ability to manage workload and competing priorities and deadlines</li><li>Team player</li><li>Critical thinker - challenge current business practices and thinks outside the box</li><li>Problem solver - proactively overcome obstacles and implement effective solutions</li></ul>If you think it would be exciting to work in one of the world's largest reinsurance companies, with short decision-making paths, intrapreneurship and clear values - this is the job for you.

If you want to experience how things are done in our Hannover Re Stockholm Branch, start planning your next career step with us and join our team on a permanent, full-time basis, commencing at the earliest possible date as a Financial Reporting Actuary.Your Tasks<ul><li>Ability to understand valuation models, assumptions and define the best possible framework and approach for local sign off (SII and IFRS).</li><li>Compiling a broader picture to understand impact of actuarial decisions with focus on economic view. Training and knowledge sharing with the local teams (Underwriting, Accounting and Finance).</li><li>Coordinate business expertise and drive local insights with aim to support Finance, Valuation and Risk teams in Hannover Office.</li><li>Play a key role in providing analysis for management performance, projected results and engage in actuarial reserving.</li><li>Work with big data and deliver required reports. Experience and working with Power BI is preferred.</li><li>Contribute to projects, continuously reviewing and improving processes.</li><li>Evaluate and confirm planning and forecasting figures. Main point of contact for Hannover Office.</li><li>Interaction with internal and external stakeholders such as independent auditors, analysts and colleagues from Hannover Re's international network.</li></ul>Your Profile<ul><li>Degree in (business) mathematics, physics, computer science or economic/scientific studies with a mathematical focus.</li><li>Excellent English written and oral communication skills.</li><li>Competent skills in MS Office, SAP, VBA, SQL or any other programming languages</li><li>Capacity for self-reliant development of solutions and to complex problems.</li><li>Structured way of thinking, recognition of complex correlations and solution-oriented approach mind-set.</li></ul>On a personal level, you can impress us with your strong analytical capabilities and collaborative approach. If you also value a methodical, self-reliant and responsible style of working and have a growth mind-set, our team is the one to join!What We Offer<ul><li>An international working environment with short decision channels, an open feedback culture and a sense of community shaped by mutual esteem and a readiness to help.</li><li>Structured onboarding, flexible working hours, benefits superior to those of the collective agreement as well as modern offers for personal development, health management and work-life balance are just some of our benefits.</li><li>You contribute your specialist and methodological expertise and we offer you fresh input and the opportunity to further develop your potential – including room to come up with innovative ideas and act on them!</li></ul>

ResponsibilitiesData analytics and servicesEnhance the strategy for SCOR’s data analytic services in the Nordics.Conduct experience studies in collaboration with our Data analytical services team.Develop the scope and depth of SCOR’s data analytical client services.PricingPrepare and evaluate reinsurance offerings and actuarial pricings in a timely, reliable and consistent way.Support the development of pricing methods, tools and local guidelines incl. actuarial base assumptions.Product developmentPrepare actuarial calculation bases for customer products.Product development for customer acquisition.Marketing and communicationActively contribute to internal and external knowledge sharing.Experience:Multi-year specific work experience in (re)insurance with a focus on mathematical/statistical and actuarial issues, ideally with data analytical expertiseComprehensive knowledge in insurance mathematicsGood knowledge of the protection and pension product landscape of the Nordic life insurance market.Personal Competencies:Advanced analytical and conceptional skillsPersonal competencies according to company valuesIntrinsic motivation to collaborate with other teams at various locationsAdvanced communication skillsDigital Competencies:Advanced IT skills of standard software (MS Office)Advanced coding/ programming skills (e.g., R, Python)Data analytical experience (e.g., portfolio studies, GLM, machine learning)Agile project managementRequired EducationUniversity degree/ Master degree in Mathematics or Economics with the main focus on Mathematics and statistical skillsPreferably membership in actuarial association/qualified as an actuary or equivalency from a recognized organizationAbout usSCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Leveraging experience and expertise to deliver “The Art &amp; Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – from Life &amp; Health and Property &amp; Casualty insurance to Investments. Our specialized teams operate in over 160 countries, fostering long-term relationships with clients.In order to provide our clients with a broad range of innovative reinsurance solutions, SCOR pursues an underwriting policy that is founded on profitability and supported by effective risk management strategy and a prudent investment policy. This approach allows us to offer clients an optimum level of security, to create value for shareholders, and to contribute to the welfare and resilience of society by helping to protect insureds against the risks they face.At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group. We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR’s success.

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