Bangalore

Gurgaon

Hyderabad

Mumbai

Noida

Part Qualified

Associate

Qualified

Senior Actuary

Life

Investments

Health

Pensions

Property & Casualty

Reserving

Reporting

Reinsurance

Risk

Systems

Python

Modelling

Data Science

Prophet

Coding

Motor

Pricing

Machine Learning

Valuation

Tyche

Longevity

Consulting

ResQ

Power BI

Marine

Tableau

Emblem

RAFM

AXIS

Microsoft Azure

Job SummaryThis role will work closely with primary insurers to understand and assist in the appropriate pricing of their reinsurance arrangements. The role is to ensure that we build a sustainable, profitable portfolio of Life & Health business by bringing SCOR’s global expertise to the Indian market. This will include working with Pricing experts at Regional and Global level within SCOR and will report to the Head of Pricing, Life & Health in India.ResponsibilitiesIn your role you are expected to work for the India pricing and product development initiatives and proactively engage with all internal stakeholders. At the same time, you will benefit from the Divisional team’s expertise in pricing and product development across other Asian markets and from SCOR’s leading R&D Centers in medical Underwriting and Life insurance risks.The main responsibilities of the role are as follows:<ul><li>Working with the India Pricing team, to price and document new reinsurance quotation requests in the India market across the whole range of Life insurance risks (Mortality, PA, Health, Critical Illness), adhering to a high technical standard and meeting client deadlines</li><li>Research on the India pricing basis, improving the quality of actuarial assumptions, and supporting competitive quotations.</li><li>Development of product enhancements tailored to the India market, providing innovative support to the market managers</li><li>Coordination with divisional risk management and actuarial teams on business referrals</li><li>Support marketing activities and external communication via presentations, client training, etc.</li></ul>QualificationsThe following attributes are required:<ul><li>At least 5 years of relevant experience in Life & Health Insurance in any of the following: Actuarial Pricing / Products or Valuation or Risk Management</li><li>Strong data analytics capabilities, attention to detail and problem-solving ability</li><li>Preferably qualified or close to qualification from IFoA or IAI or equivalent.</li><li>Effective interpersonal skills, ability to manage competing tasks, meet deadlines.</li><li>A self‐starter with the right cultural attributes to enhance SCOR’s reputation in the market</li><li>Proficiency in MS office and office applications like R</li><li>Strong communication skills (both verbal and written)</li><li>Ability to work in a small client‐oriented team and collaborate to optimize SCOR’s position</li><li>Prior experience with a reinsurer or actuarial consulting will be an added advantage</li></ul>Required EducationThe following attributes are required:<ul><li>Bachelor’s or master’s degree in any analytical discipline such as Mathematics, Actuarial Science, Statistics, Engineering etc.</li><li>Qualified or close to qualification from IFoA or IAI or equivalent</li><li>Any certification or degree in data Science/Analytics would be preferred</li></ul>About usAs a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.Working at SCOR means engaging with some of the best minds in the industry – actuaries, data scientists, underwriters, risk modelers, engineers, and many others – as we work together to find solutions to pressing challenges facing societies.As an international company, our common culture is defined by “The SCOR Way.” Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.

About The RoleAs Pricing Actuary, your responsibilities will include assessing portfolio performance, identifying key drivers, and providing independent actuarial pricing opinions to enhance portfolio performance. You will help to identify drivers to portfolio performance and develop to mitigate gaps between what has been costed against actual performance.You will work with Senior team members and stakeholders in Underwriting, Reserving, Claims and Finance to help in building a 360° view on the portfolio with an independent Actuarial Pricing opinion on the portfolio's expected performance. You must be willing to learn and use actuarial methods and data science techniques to help develop insight on trends to set costing parameters, helping improve the predictability and accuracy of costing the model. You will have a direct impact in helping steer the profitability of your portfolio and ultimately the overall Business Unit's performance.About The TeamThe Actuarial Portfolio Management (APM) team is part of the Global Actuarial Portfolio Management unit, reporting to the Chief Underwriting Officer. We are a mix of expert members already entrenched in their dedicated product specialization and highly motivated newer members who thrive in a dynamic and fast learning environment. We foster an inclusive culture that values diverse perspectives and innovative thinking, ensuring equal opportunities for professional development.Main ResponsibilitiesProfitability Studies<ul><li>Work with senior team members to help build a clear and independent view on current pricing or loss adequacy driven by data analysis.</li><li>Translate details into impactful Executive reports along with effective visualizations and recommendations.</li></ul>Costing Accuracy and Data Analytics<ul><li>Help and work with senior team members to translate profitability findings into corrective actions on costing models and parameters, involving:</li><li>Developing and maintaining costing parameters and tools</li><li>Model and price deal transactions.</li><li>Willing to learn and use actuarial and data science techniques to develop insights and trends that can be used for risk selection or differentiation; and costing improvements.</li></ul>Portfolio Insights and Strategy:<ul><li>Develop forward-looking portfolio insights and data-driven initiatives to shape the direction of Property & Specialty lines of business.</li><li>Involve in various Actuarial investigations including exposure analysis, Rate monitoring, profitability analyses to drive portfolio steering.</li></ul>About youProfessional experience<ul><li>A minimum of 4 years of experience in P&C commercial insurance. Knowledge of Property and Specialty insurance products would be an additional advantage.</li><li>You have experience in - insurance pricing, portfolio profitability analysis and costing model and tool development. Know-how of commercial insurance and reinsurance treaty pricing would be an additional advantage.</li><li>You are reasonably familiar with costing techniques and compare costing vs reserving views and techniques.</li></ul>Technical skills<ul><li>You have highly developed numerical and analytical skills. You can translate your quantitative work into effective visualizations for high impact communication.</li><li>You have applied these skills using real business data to develop insights and practical solutions.</li><li>You have a good understanding/ willing to learn actuarial methods, models and related business processes.</li><li>You have statistical programming skills (e.g. R, Phyton). Know-how of data science techniques would be an advantage.</li><li>You can build assumptions, methods and conclusions with focus to evaluate accuracy and uncertainty in models.</li></ul>Personal Skills<ul><li>You are keen to learn and apply advance actuarial methods and data science techniques.</li><li>You are motivated to focus executing on delivering high quality results on time.</li><li>You are independent and accountable - and have the skill to prioritize to complete plans to achieve high quality results on time.</li><li>You work for the collective success of the team, take own initiative, are open and diligent; and demonstrate collaboration and intercultural competence. It is important to contribute towards a collaborative team spirit, sharing standard methodologies and insights and motivating the whole team to work together.</li><li>You can articulate your work and channel your communications accordingly to various situations (advocating vs. dissenting) and be comfortable in communicating and defending your work.</li></ul>Educational level<ul><li>Master's degree in mathematics, Statistics, Economics or equivalent quantitative/ statistical fields.</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.

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.

About the Role :As a Pricing Actuary, analyzing the profitability of the business is key! We need to identify key drivers impacting the portfolio performance. We develop proposals in collaboration with business owners to mitigate gap between what has been costed against actual performance and ensuring the profitability of the book.You will work with counterparts in Underwriting, Reserving, Claims and Finance to have a 360° view on and develop an independent Actuarial Pricing opinion on the portfolio's expected performance.We develop insights on trends and set parameters using Actuarial and Data Science techniques to improve the predictability and accuracy of costing models. You will have a direct impact in steering your portfolio and ultimately the overall Business Unit's performance.About the Team :The Actuarial Portfolio Management APAC team comprised of a mix of expert members already entrenched in their dedicated product specialization and highly motivated newer members who thrive in a dynamic and fast learning environment. This team reports into the Chief Underwriting Officer and is part of the Global Actuarial Portfolio Management unit comprising portfolio steering teams and two other regional pricing teams with the same regional directive of driving costing accuracy for Swiss Re Corporate Solutions.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.Main Responsibilities :Profitability Studies<ul><li>Have a clear independent view on current pricing or loss adequacy driven by data analysis</li><li>Collaborate with customers and team members to develop a pricing view in and represent and develop compelling recommendations</li><li>Translate details into impactful Executive reports with effective communication</li></ul>Costing Accuracy and Data Analytics<ul><li>Translate profitability findings into corrective actions on costing models and parameters.</li><li>Build and maintain costing parameters and tools in accordance to Swiss Re Group standards and business needs.</li><li>Use of actuarial and statistical models to find trends and insights that can be used for risk selection or differentiation, and costing improvements</li></ul>Model and price deal transactionsAbout You :Professional experience<ul><li>A minimum of 4 years of experience in P&amp;C commercial insurance. Good knowledge of Property and Casualty products in APAC markets.</li><li>Experience in commercial insurance pricing, portfolio profitability analysis and costing model and tool development. Know-how of reinsurance treaty pricing would be an additional advantage.</li><li>Familiarity with reserving techniques and can confidently operate between the two (reserving and costing) views, sufficiently identifying parallels and divergences in developing an independent costing assessment.</li><li>Exposure to market/LOB portfolio ownership, acting as a go-to person for quantitative questions and solutions, but also comfortable to be both an advocate and a provider of dissenting opinions.</li></ul>Technical skills<ul><li>A good understanding of actuarial methods, models, and related business processes.</li><li>Statistical programming skills (e.g. R, Phyton) and know-how of data science techniques is an advantage.</li><li>Review analytical results, derive recommendations, and communicate implications to all partners- from peers to senior leaders.</li><li>Able to challenge and defend assumptions, methods, and conclusions. Evaluate accuracy and uncertainty in models, according to the available data/information at hand.</li><li>Whilst attention to detail is important, there is oversight on the bigger picture, focusing efforts on areas or solutions that would have the highest impact.</li></ul>Personal Leadership Skills<ul><li>You are independent and accountable - and have the skill to priorities to complete plans to achieve high quality results on time.</li><li>You work for the collective success of the team, take own initiative, are open and diligent; and demonstrate collaboration and intercultural competence. It is important to contribute towards a collaborative team spirit, sharing standard methodologies and insights and motivating the whole team to work together.</li><li>You can articulate your work and channel your communications accordingly to various situations (advocating vs. dissenting) and be comfortable in communicating and defending your work.</li></ul>Educational level<ul><li>Master's degree in Mathematics, Statistics, Economics, or equivalent quantitative/ statistical fields</li><li>Good progression towards actuarial qualifications/ Exams</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.

About the RoleAs a Pricing Actuary, analyzing the profitability of the business is key! We need to identify key drivers impacting the portfolio performance. We develop proposals in collaboration with business owners to mitigate gap between what has been costed against actual performance and ensuring the profitability of the book.You will work with counterparts in Underwriting, Reserving, Claims and Finance to have a 360° view on and develop an independent Actuarial Pricing opinion on the portfolio's expected performance.We develop insights on trends and set parameters using Actuarial and Data Science techniques to improve the predictability and accuracy of costing models. You will have a direct impact in steering your portfolio and ultimately the overall Business Unit's performance.About the TeamThe Actuarial Portfolio Management APAC team comprised of a mix of expert members already entrenched in their dedicated product specialization and highly motivated newer members who thrive in a dynamic and fast learning environment. This team reports into the Chief Underwriting Officer and is part of the Global Actuarial Portfolio Management unit comprising portfolio steering teams and two other regional pricing teams with the same regional directive of driving costing accuracy for Swiss Re Corporate Solutions.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.Main ResponsibilitiesAlternative Risk Transfers Pricing<ul><li>Pricing of large &amp; complex deals using a bespoke approach as per the requirements of the client / market</li><li>Structured solutions – costing &amp; pricing for complex structures</li><li>Ability to understand the risk and its nuances, recommending the structure suitable for the client, as well as any additional terms and conditions to optimize profitability and gain competitive advantage</li><li>Ability to code in java for an in-house structuring tool</li><li>Knowledge of other coding languages such as R, Python, SQL would be preferred</li></ul>Costing Accuracy and Data Analytics<ul><li>Translate profitability findings into corrective actions on costing models and parameters</li><li>Build and maintain costing parameters and tools in accordance to Swiss Re Group standards and business needs.</li><li>Use of actuarial and statistical models to find trends and insights that can be used for risk selection or differentiation, and costing improvements</li><li>Model and price deal transactions.</li></ul>Profitability Studies<ul><li>Have a clear independent view on current pricing or loss adequacy driven by data analysis</li><li>Collaborate with customers and team members to develop a pricing view in and represent and develop compelling recommendations</li><li>Translate details into impactful Executive reports with effective communication</li></ul>About YouProfessional experience<ul><li>A minimum of 4 years of experience in P&amp;C commercial insurance. Good knowledge of Property and Casualty products in APAC markets.</li><li>Experience in commercial insurance pricing, portfolio profitability analysis and costing model and tool development. Know-how of reinsurance treaty pricing would be an additional advantage.</li><li>Familiarity with reserving techniques and can confidently operate between the two (reserving and costing) views, sufficiently identifying parallels and divergences in developing an independent costing assessment.</li><li>Exposure to market/LOB portfolio ownership, acting as a go-to person for quantitative questions and solutions, but also comfortable to be both an advocate and a provider of dissenting opinions.</li></ul>Technical skills<ul><li>A person with highly developed numerical and analytical skills! Applying these skills using real business data to develop insights and practical solutions and to translate the quantitative work into effective visualizations for high impact communication</li><li>A good understanding of actuarial methods, models, and related business processes.</li><li>Statistical programming skills (e.g. R, Python, Java) and know-how of data science techniques is an advantage.</li><li>Review analytical results, derive recommendations, and communicate implications to all partners- from peers to senior leaders.</li><li>Able to challenge and defend assumptions, methods, and conclusions. Evaluate accuracy and uncertainty in models, according to the available data/information at hand.</li><li>Whilst attention to detail is important, there is oversight on the bigger picture, focusing efforts on areas or solutions that would have the highest impact.</li></ul>Personal Leadership Skills<ul><li>You are independent and accountable - and have the skill to priorities to complete plans to achieve high quality results on time.</li><li>You work for the collective success of the team, take own initiative, are open and diligent; and demonstrate collaboration and intercultural competence. It is important to contribute towards a collaborative team spirit, sharing standard methodologies and insights and motivating the whole team to work together.</li><li>You can articulate your work and channel your communications accordingly to various situations (advocating vs. dissenting) and be comfortable in communicating and defending your work.</li></ul>Educational level<ul><li>Master's degree in Mathematics, Statistics, Economics, or equivalent quantitative/ statistical fields</li><li>Good progression towards actuarial qualifications/ Exams</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.

About the roleAs a Pricing Actuary, analyzing the profitability of the business is key! We need to identify key drivers impacting the portfolio performance. We develop proposal in collaboration with business owners to mitigate gap between what has been costed against actual performance.You will work with counterparts in Underwriting, Reserving, Claims and Finance to have a 360° view on your portfolio and develop an independent Actuarial Pricing opinion on the portfolio's expected performance.We develop insights on trends and set parameters to improve the predictability and accuracy of costing models. You will have a direct impact in steering of Credit and Surety portfolio and ultimately the overall Business Unit's performance.About the teamThe Actuarial Portfolio Management APAC team comprised of a mix of expert members already entrenched in their dedicated product specialization and highly motivated newer members who thrive in a dynamic and fast learning environment. This team reports into the Chief Underwriting Officer and is part of Actuarial Portfolio Management Unit comprising pricing teams and portfolio Steering teams with the same directive of driving costing accuracy and portfolio steering for Swiss Re Corporate Solutions.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.Main responsibilitiesProfitability StudiesHave a clear independent view on current pricing or loss adequacy driven by data analysis of the in-force Credit & Surety portfolioCoordinating the overall portfolio steering and risk mitigation processCollaborate with customers and team members to develop a best estimate view and develop compelling recommendationsWork with the business to predict forward looking portfolio structureTranslate details into impactful Executive reports with effective communicationCosting Accuracy and Data AnalyticsTranslate profitability findings into corrective actions on costing models and parameters.Build and maintain costing parameters(EAD, LGD, PD) and tools in accordance to Swiss Re Group standards and business needs.Conducting forward-looking sector and credit market analyses and feasibility studies to support long term strategic initiativesUse actuarial and data science techniques to develop insights and trends that can be used for risk selection or differentiation; and costing improvements.Provide best estimate recommendations and develop bespoke modelling techniques for structured transactions.About youProfessional and technical skillsA minimum of 3+ years' experience in performing quantitative analysis, statistical modeling. Experience in credit risk modelling or pricing model for credit insurance will be preferredFoundational knowledge and understanding of global macroeconomics, financial markets. Experience and knowledge of credit related products will be preferredYou have highly developed numerical and analytical skills. Foundation in statistical/econometric modelling techniques and/or data science methods will be an additional advantageYou have statistical programming skills (e.g. R, Python)Whilst you have the attention to detail, you can see the bigger picture, focusing efforts on areas or solutions that would have the highest impact.You can translate your quantitative work into effective visualizations for high impact communication.You can derive recommendations and communicate implications to all partners- from peers to senior leaders.Personal Leadership SkillsYou are independent and accountable - and have the skill to organize the priorities to complete plans to achieve high quality results on time.You work for the collective success of the team, take own initiative, are open and dependable; and demonstrate collaboration and intercultural competence. It is important that you can contribute towards a collaborative team spirit, sharing standard methodologies and insights and motivating the whole team to work together.You can articulate your work and channel your communications accordingly to various situations (advocating vs. dissenting) and comfortable in communicating and defending your work.Educational levelMasters in Statistics, Applied Mathematics, Operations Research, Economics, or other highly quantitative subject areaProgression towards relevant professional financial exams (CFA, FRM, CQF, IFoA, IAI, etc) is a plus.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.

About KPMG in India<ul><li>KPMG entities in India are professional services firm(s) affiliated with KPMG International Limited.</li><li>KPMG was established in India in August 1993.</li><li>Professionals leverage the global network of firms and are conversant with local laws, regulations, markets, and competition.</li><li>KPMG has offices across India in various cities.</li></ul>Job Summary<ul><li>Job Title: Consultant / AM</li><li>Function: Non-Life Actuarial Team</li><li>Location: Mumbai, Delhi</li><li>Department: Risk Consulting, FRM</li></ul>About usKPMG is a leading professional services firm with over 174,000 professionals in more than 155 countries. The firm focuses on Audit, Tax & Advisory services and recorded more than USD 24.4 billion in revenue.Roles and responsibilitiesThe recruitment is for a Consultant / Assistant Manager role in the Non-Life Actuarial Services team at KPMG India. The responsibilities include:<ul><li>Actuarial Audits</li><li>Reserving</li><li>Model Development and Validation</li><li>Risk Management</li><li>Capital Modelling</li><li>Reinsurance</li><li>IFRS 17</li></ul>Essential RequirementsEducation / professional qualifications<ul><li>Graduate/Postgraduate with a strong background in mathematics or statistics.</li><li>Member of Institute of Actuaries (UK) and/or Institute of Actuaries of India.</li><li>3-8 years of Non-life actuarial experience.</li></ul>Required SkillsTechnical Skills: Knowledge of insurance business, actuarial techniques, and software tools.Soft Skills: Good communication, strong interpersonal skills, and ability to manage projects independently.Equal employment opportunity informationKPMG India provides equal opportunity for all applicants and employees regardless of various factors. Diversity is valued, and applicants are encouraged to support diversity initiatives.Education Qualification:<ul><li>Qualified/ nearly qualified with the Institute of Actuaries (UK) and/or Institute of Actuaries of India or any other recognized institute.</li><li>Graduate/Postgraduate with a background in mathematics or statistics or any other related field.</li></ul>

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.

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.</li><li>Supporting other group-wide financial reporting initiatives such as the annual Business Plan, Group ORSA, Group Risk (Solvency) Model.</li><li>Support the necessary feedback cycles to prompt management attention/action for the inforce portfolio, working collaboratively with the Financial Markets and Inforce team.</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 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 or part-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.</li><li>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-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. 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.

About Swiss ReThe Swiss Re Group 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. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cybercrime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients.Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 80 offices globally. It is organised into three Business Units, each with a distinct strategy and set of objectives contributing to the Group’s overall mission.About the TeamSitting in the Casualty Underwriting Office, the International Pricing team is a multi-national team responsible for EMEA &amp; APAC regions. We aim to provide a one-stop shop offering insights and guidance for Costing adequacy, portfolio performance management and data services for complex and simple business submissions. We are Centre of expertise for Casualty actuarial topics, connecting and aligning with the Underwriting Transformation team.Our Team is passionate about their work and is supporting and promoting a feedback culture based on agile values, encouraging our Squad members to take freedom to drive their vision and authority for their decisions. Our location at the heart of Bangalore has been witnessing sustainable growth - the kind of growth characterized by the complex and differentiated value delivered to the business.About the RoleThis position is an exciting opportunity to join the International Pricing team part of Casualty Underwriting office. The focus area would be building of Actuarial Models to price Casualty Reinsurance business, calibration of parameters, maintenance of Actuarial pricing tools and providing training and support to the Underwriters. In this role you will give actuarial advice to treaty underwriters worldwide on more sophisticated and large risks or portfolios. Your primary responsibilities will include but not limited to:<ul><li>Development of portfolio level costing parameters, models and analytics, e.g. market curves, tiering and default or pre-submission loss ratios, for the Market Units and Casualty Desks</li><li>Oversee submission Data imports for Complex and Simple business in coordination with the UW desks.</li><li>Monitor portfolio development and initiate steering actions as needed (for Simple and Complex business)</li><li>Collaborate with Underwriting Desks, Market Units and Underwriting transformation team to establish costing, portfolio steering &amp; monitoring approaches.</li><li>Collaborate with Tools &amp; Systems team to actively influence tool development towards the Simplex vision as representative of user community.</li><li>Participate in various Global Rate Review projects using sophisticated analytics tools like Palantir, R, Python, etc.</li></ul>About YouWe are happy to meet you if you possess:<ul><li>Bachelor's degree in actuarial science/ Computer Science/Mathematics</li><li>A good understanding of actuarial methods, models, and related business processes.</li><li>A minimum of 5+ years of experience in P&amp;C commercial insurance. Good knowledge of Property and Casualty products in APAC and or EMEA markets.</li><li>Experience in commercial insurance pricing, portfolio profitability analysis and costing model and tool development. Know-how of reinsurance treaty pricing would be an additional advantage.</li><li>Familiarity with reserving techniques and can confidently operate between the two (reserving and costing) views, sufficiently identifying parallels and divergences in developing an independent costing assessment.</li><li>Exposure to market/LOB portfolio ownership, acting as a go-to person for quantitative questions and solutions, but also comfortable to be both an advocate and a provider of dissenting opinions.</li><li>Excellent interpersonal, communication and influencing skills.</li><li>A continuous improvement mind-set and dedication to uncovering better ways of working.</li><li>"CAN DO" mentality and willingness to learn new technologies to continuously upskill.</li><li>Excellent communication and stakeholder management skills, with the ability to effectively communicate with both technical and non-technical audiences in an international environment.</li></ul>

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 Role:We are seeking an experienced and client-focused Pricing Actuary to join our Portfolio Management team. The "Pricing Actuary" is a senior-level standout colleague reporting into Team Lead Actuarial Portfolio Management P&amp;S within Actuarial Portfolio Management Unit to execute the portfolio must-wins by using data-driven techniques.In this role, you would be playing a pivotal role in Global APM team by being a knowledge and execution leader of portfolio steering activities for P&amp;S portfolios. You will work closely with peers in APM and stakeholders in Property &amp; Specialty underwriting and provide them with the information required to take fast decisions based on factual and up-to-date data insights to drive profitable underwriting.Key responsibilities of the role include:<ul><li>Employ data and line of business portfolio analytics to enhance the decision-making about risk selection, loss costing/pricing and actively enable the execution of the global team mandate.</li><li>Build technical portfolio insight capabilities to optimize financial performance management and enhance the views on profitability of sub-portfolios across the lines of business.</li><li>Employ data visualization techniques to design business reports and dashboards in various platforms including but not limited to R-Shiny, Power BI, Python, Tableau, and Palantir.</li><li>Lead efforts on the continuous improvement of existing portfolio insights/analytic capabilities (in Palantir) and underlying data sources.</li><li>Communicate your results and findings optimally to wider partners including Portfolio Managers, Pricing and Reserving Actuaries, and Finance departments.</li><li>Involve in various Actuarial investigations including Actual vs Expected studies, Rate monitoring, Expenses analyses, and profitability analyses to drive portfolio steering.</li><li>Build up forward-looking portfolio insights and data-driven initiatives to actively support shaping the future direction of Property &amp; Specialty lines of business sub-portfolios.</li><li>Partner with other actuaries to analyze risk and exposure profiling, treaty costing, and loss modeling performance of underlying Actuarial Models.</li></ul>You are encouraged to act with a high level of team spirit, dedication, and focus. If you are eager to deploy your results-oriented approach and technical capabilities, to further grow your business understanding and support the ongoing development of the portfolio, work with insurance specialists and other functional partners around the world, you are the right person to join our highly motivated team.About the APM P&amp;SActuarial Portfolio Management (APM) is a unit of Underwriting Corso supporting Property &amp; Specialty, Credit &amp; Surety, Casualty &amp; Fin-Pro, and Accident &amp; Health underwriting. Property &amp; Specialty (P&amp;S) include Property, Energy, Aviation, Engineering, Marine, and Agriculture lines of business.We drive the portfolio management process to steer our underwriting portfolios towards sustainable profitability. We partner with portfolio owners and provide them with information required to make fast decisions based on factual and up-to-date data insights. We handle meaningful portfolio management tasks and manage governance around portfolio management and costing models ensuring operational resilience and efficiency.We drive product management activities associated with risk and exposure reporting, accumulation management, reinsurance submission preparation, etc. We provide overarching portfolio insights focused on risks and opportunities arising from trends to support the Global Line of Business Head Property &amp; Specialty, Underwriting Centre, and various other global partners. We are a global team, and we maintain direct collaboration with different functions in Swiss Re Corporate Solutions by acting as the key Property &amp; Specialty link with Underwriting, Finance, Claims, and Actuarial (pricing and reserving).About you:<ul><li>Master's degree in mathematics/Statistics/Management/Actuarial Science or university degree in Engineering with at least 2-6 years of industry experience.</li><li>Experience in Insurance/Reinsurance in Property &amp; Specialty lines underwriting, reserving, or Actuarial Pricing.</li><li>Proficient in at least one data analysis language like SQL Python or R including the relevant statistical and machine learning packages.</li><li>Strong analytical and problem-solving skills, flair for numbers and mathematics.</li><li>Proficient understanding of IFRS principles is a plus.</li><li>Hands-on know-how of data visualization techniques and packages and willingness for utilizing (new) technology is desirable.</li><li>Strong personality who enjoys taking ownership and can work independently or with colleagues and cultures from across the world.</li><li>Ability to prioritize and apply sound commercial judgment.</li></ul>We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.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 roleAs a Pricing Actuary, analyzing the profitability of the business is key! We need to identify key drivers impacting the portfolio performance. We develop proposals in collaboration with business owners to mitigate gap between what has been costed against actual performance and ensuring the profitability of the book.You will work with counterparts in Underwriting, Reserving, Claims and Finance to have a 360° view on and develop an independent Actuarial Pricing opinion on the portfolio's expected performance. We develop insights on trends and set parameters using Actuarial and Data Science techniques to improve the predictability and accuracy of costing models. You will have a direct impact in steering your portfolio and ultimately the overall Business Unit's performance.About the teamThe Actuarial Portfolio Management APAC team comprised of a mix of expert members already entrenched in their dedicated product specialization and highly motivated newer members who thrive in a dynamic and fast learning environment. This team reports into the Chief Underwriting Officer and is part of the Global Actuarial Portfolio Management unit comprising portfolio steering teams and two other regional pricing teams with the same regional directive of driving costing accuracy for Swiss Re Corporate Solutions.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.Main responsibilitiesProfitability Studies<ul><li>Have a clear independent view on current pricing or loss adequacy driven by data analysis</li><li>Collaborate with customers and team members to develop a pricing view in and represent and develop compelling recommendations</li><li>Translate details into impactful Executive reports with effective communication</li></ul>Costing Accuracy and Data Analytics<ul><li>Translate profitability findings into corrective actions on costing models and parameters.</li><li>Build and maintain costing parameters and tools in accordance to Swiss Re Group standards and business needs.</li><li>Use of actuarial and statistical models to find trends and insights that can be used for risk selection or differentiation, and costing improvements</li><li>Model and price deal transactions.</li></ul>About youProfessional experience<ul><li>A minimum of 4 years of experience in P&amp;C commercial insurance. Good knowledge of Property and Casualty products in APAC markets.</li><li>Experience in commercial insurance pricing, portfolio profitability analysis and costing model and tool development. Know-how of reinsurance treaty pricing would be an additional advantage.</li><li>Familiarity with reserving techniques and can confidently operate between the two (reserving and costing) views, sufficiently identifying parallels and divergences in developing an independent costing assessment.</li><li>Exposure to market/LOB portfolio ownership, acting as a go-to person for quantitative questions and solutions, but also comfortable to be both an advocate and a provider of dissenting opinions.</li></ul>Technical skills<ul><li>A person with highly developed numerical and analytical skills! Applying these skills using real business data to develop insights and practical solutions and to translate the quantitative work into effective visualizations for high impact communication.</li><li>A good understanding of actuarial methods, models, and related business processes.</li><li>Statistical programming skills (e.g. R, Python) and know-how of data science techniques is an advantage.</li><li>Review analytical results, derive recommendations, and communicate implications to all partners- from peers to senior leaders.</li><li>Able to challenge and defend assumptions, methods, and conclusions. Evaluate accuracy and uncertainty in models, according to the available data/information at hand.</li><li>Whilst attention to detail is important, there is oversight on the bigger picture, focusing efforts on areas or solutions that would have the highest impact.</li></ul>Personal Leadership Skills<ul><li>You are independent and accountable - and have the skill to priorities to complete plans to achieve high quality results on time.</li><li>You work for the collective success of the team, take own initiative, are open and diligent; and demonstrate collaboration and intercultural competence. It is important to contribute towards a collaborative team spirit, sharing standard methodologies and insights and motivating the whole team to work together.</li><li>You can articulate your work and channel your communications accordingly to various situations (advocating vs. dissenting) and be comfortable in communicating and defending your work.</li></ul>Educational level<ul><li>Master's degree in Mathematics, Statistics, Economics, or equivalent quantitative/ statistical fields</li><li>Good progression towards actuarial qualifications/ Exams</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.

About the roleAs a Pricing Actuary, analyzing the profitability of the business is key! We need to identify key drivers impacting the portfolio performance. We develop proposal in collaboration with business owners to mitigate gap between what has been costed against actual performance.You will work with counterparts in Underwriting, Reserving, Claims and Finance to have a 360° view on your portfolio and develop an independent Actuarial Pricing opinion on the portfolio's expected performance. We develop insights on trends and set parameters to improve the predictability and accuracy of costing models. You will have a direct impact in steering of Credit and Surety portfolio and ultimately the overall Business Unit's performance.About the teamThe Actuarial Portfolio Management APAC team comprised of a mix of expert members already entrenched in their dedicated product specialization and highly motivated newer members who thrive in a dynamic and fast learning environment. This team reports into the Chief Underwriting Officer and is part of Actuarial Portfolio Management Unit comprising pricing teams and portfolio Steering teams with the same directive of driving costing accuracy and portfolio steering for Swiss Re Corporate Solutions.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.Main responsibilitiesProfitability Studies<ul><li>Have a clear independent view on current pricing or loss adequacy driven by data analysis of the in-force Credit & Surety portfolio</li><li>Coordinating the overall portfolio steering and risk mitigation process</li><li>Collaborate with customers and team members to develop a best estimate view and develop compelling recommendations</li><li>Work with the business to predict forward looking portfolio structure</li><li>Translate details into impactful Executive reports with effective communication</li></ul>Costing Accuracy and Data Analytics<ul><li>Translate profitability findings into corrective actions on costing models and parameters.</li><li>Build and maintain costing parameters(EAD, LGD, PD) and tools in accordance to Swiss Re Group standards and business needs.</li><li>Conducting forward-looking sector and credit market analyses and feasibility studies to support long term strategic initiatives</li><li>Use actuarial and data science techniques to develop insights and trends that can be used for risk selection or differentiation; and costing improvements.</li><li>Provide best estimate recommendations and develop bespoke modelling techniques for structured transactions.</li></ul>About youProfessional and technical skills<ul><li>A minimum of 3+ years' experience in performing quantitative analysis, statistical modeling. Experience in credit risk modelling or pricing model for credit insurance will be preferred</li><li>Foundational knowledge and understanding of global macroeconomics, financial markets. Experience and knowledge of credit related products will be preferred</li><li>You have highly developed numerical and analytical skills. Foundation in statistical/econometric modelling techniques and/or data science methods will be an additional advantage</li><li>You have statistical programming skills (e.g. R, Python)</li><li>Whilst you have the attention to detail, you can see the bigger picture, focusing efforts on areas or solutions that would have the highest impact.</li><li>You can translate your quantitative work into effective visualizations for high impact communication.</li><li>You can derive recommendations and communicate implications to all partners- from peers to senior leaders.</li></ul>Personal Leadership Skills<ul><li>You are independent and accountable - and have the skill to organize the priorities to complete plans to achieve high quality results on time.</li><li>You work for the collective success of the team, take own initiative, are open and dependable; and demonstrate collaboration and intercultural competence. It is important that you can contribute towards a collaborative team spirit, sharing standard methodologies and insights and motivating the whole team to work together.</li><li>You can articulate your work and channel your communications accordingly to various situations (advocating vs. dissenting) and comfortable in communicating and defending your work.</li></ul>Educational level<ul><li>Masters in Statistics, Applied Mathematics, Operations Research, Economics, or other highly quantitative subject area</li><li>Progression towards relevant professional financial exams (CFA, FRM, CQF, IFoA, IAI, etc) is a plus.</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.

People Manager role: YesRequired education and certifications critical for the role:<ul><li>Graduate, numerate degree preferred such as Mathematics / Statistics / Economics</li><li>Qualified, or part qualified actuary. (Knowledge of SP7 and SP8 exam is must)</li></ul>Required experience for the role:<ul><li>Minimum work experience of 7 years in Consulting or Insurance companies, Of this, a minimum of 4 years’ experience in P&C reserving (GAAP, Solvency II, IFRS)</li><li>People Management experience, leading a team of 2-3 resources and taking ownership of the delivery of the team.</li></ul>Aon is in the business of better decisions. At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are committed as one firm to our purpose, united through trust as one inclusive, diverse team and we are passionate about helping our colleagues and clients succeed.INFORMATION ABOUT THE BUSINESSSTG is Aon’s new global consulting and technology business focused on, but not limited to, insurance and reinsurance companies and other participants in the insurance industry. The business provides strategy consulting, technology solutions and advisory services to many of the most prestigious companies in Global (Re)insurance. Aon’s software platform, Tyche, is used by some of the largest life, non-life, composite and pension firms worldwide, which benefit from the ground-breaking capabilities that Tyche gives them.Having successfully implemented Tyche solutions to clients for reserving purposes, we now need additional resources like you to bolster our existing team for a market-changing actuarial model development project. Our objective is that our clients will be able to run their entire reserving process in one end-to-end reserving system in Tyche.JOB ROLES & RESPONSIBILITIESAs a key member of our team you will play a vital role in meeting the expectations of our clients through leading and managing teams of Consultants who are delivering high quality cutting-edge reserving solutions via the adoption of Aon’s Tyche Reserving System (TRS). This role will encompass a wide variety of work. Initially, you can expect to be involved with the following:<ul><li>Reserving system development. This will involve managing and overseeing development work by liaising with clients to gather business requirements, designing, implementing and reviewing the solution, and developing automated testing frameworks.</li><li>Sales support. Supporting the sales process for Tyche and TRS through proof of concept exercises and trials.</li></ul>Day to day activities will include:<ul><li>Managing and overseeing development work from a technical business perspective</li><li>Liaising with clients to gather business requirements</li><li>Working in a multi-disciplinary team to design, implement, and review actuarial system developments</li><li>Supporting and training users of our systems</li><li>Supporting the sales process through proof of concept exercises and trials</li><li>There will also be the opportunity to get involved in helping support the career development and growth of other actuarial team members through line management and mentoring responsibilities.</li></ul>SKILLS/COMPETENCIES REQUIRED<ul><li>A self-motivated team player that works collaboratively</li><li>Good communicator with the ability to adapt to suit different audiences, and good at building relationships</li><li>Excellent organisational skills</li><li>Experience of overseeing the delivery of and/or developing actuarial tools</li><li>Experience of coding, Python or SQL are desirable</li><li>Exemplify analytical and problem-solving skills</li></ul>HOW WE SUPPORT OUR COLLEAGUESIn addition to our comprehensive benefits package, we are proud to be an equal opportunity workforce. At Aon, we believe a diverse workforce is an innovative workforce. Our agile, inclusive environment allows colleagues to manage their wellbeing and work/life balance while empowering you to be your authentic self. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging them to take time to focus on themselves.We offer a variety of workstyle options through our Smart Working model, but we also recognize that flexibility goes beyond just the place of work... and we are all for it! Our continuous learning culture inspires and equips colleagues to learn, share and grow, helping them achieve their fullest potential. As a result, Aon colleagues are more connected, more relevant and more valued.

About the Team :The L&amp;H Modelling Centre of Excellence (L&amp;H MCoE) is a large global team, responsible for creating and maintaining the AXIS, RAFM and Prophet IBNR actuarial models which used across all Swiss Re L&amp;H Reinsurance locations. With a current team size of 54 based across 4 locations, the L&amp;H MCoE's remit spans from understanding requirements from stakeholders, through to the development, testing, quality assurance, maintenance and on-going support of AXIS, RAFM and Unify.The L&amp;H MCoE in the wider context of Swiss Re Reinsurance is part of the Life &amp; Health Business Management division, which is responsible for the inforce management of Swiss Re's global L&amp;H Reinsurance business.An exciting opportunity for a senior actuary to join the L&amp;H MCoE team has become available. This role will have the opportunity to help lead part of the One Modelling project, which is migrating the RAFM actuarial models to AXIS and/or lead the ongoing modelling effort for AXIS models which are already being used in production. This role will work closely with the other MCoE Team Leads, and will be responsible for ensuring AXIS models are implemented and maintained in line with best practice and agreed model design principles.The MCoE Team Lead will lead a team of up to 10 actuarial staff based in Bangalore and will report directly to the Head of the L&amp;H MCoE Team (who is based in London). This is a great opportunity to join a big global team and be involved in the end-to-end modelling process including design, implementation, testing and handover of AXIS models.About the Role:<ul><li>Drive the efficient migration and/or development of AXIS models within the agreed time frames.</li><li>Drive the growth and development of MCoE team members as highly skilled modellers. Provide support to wider MCoE team members via knowledge sharing and mentoring.</li><li>Guide and challenge the technical development of the AXIS platform using your AXIS modelling expertise (training can be provided for individuals with a strong modelling aptitude in other platforms).</li><li>Ensure AXIS model developments and related testing activities are conducted in a controlled, auditable and robust manner in accordance with best practice and the documented model governance framework.</li><li>Drive continuous process improvements to optimize efficiency and work product quality.</li><li>Collaborate with all respective regional teams to steer the prioritisation of AXIS work, so that it provides the most effective outcome for the L&amp;H business</li><li>Support regional teams in resolving issues related to the operation or fit-for-purpose of the production AXIS models.</li></ul>About you:As a qualified / part qualified actuary with 7+ years of life insurance/reinsurance experience, the successful candidate will be able to demonstrate sound technical actuarial knowledge and experience leading a team of actuarial staff in developing actuarial models, specifically cash flow projection models, including understanding the actuarial assumptions, data and methodology and analysing and explaining the resulting cashflow and reserve projections.The ideal candidate will have the following skills/experience:<ul><li>Skilled actuarial software developer and/or user with at least 7+ years of experience in the insurance/actuarial industry. Development experience using RAFM, AXIS, VBA, SQL or Python is ideal but not necessary. Training will be provided as needed.</li><li>Excellent organisational and analytical skills with attention to detail – able to quickly absorb details on business structure, product features and model requirements.</li><li>Ability to robustly develop and communicate actuarial best practice (setting up models, documentation, governance, analysis, testing etc) including reviewing and challenging work of team members to ensure best practice is being followed</li><li>Experience mentoring and coaching team members of varying experience and driving team engagement</li><li>Excellent communication, both written and verbal, with an ability to work with other MCoE/project team members in multiple locations</li><li>Ability to identify complex problems, find innovate solutions and translate this into software solutions within the modelling platform that are robust but also efficient and transparent</li><li>Ability to work independently, reliably, efficiently, transparently, accurately and deliver to deadlines</li><li>Shows initiative in identifying issues and supporting other team members, peers and senior stakeholders</li><li>Ability to work under pressure and prioritise tasks accordingly</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.

Role value proposition:This is a role in Global Actuarial Modeling (GAM) for the EMEA Region. GAM is a part of Actuarial Resources which sits within Finance Management Group (FMG). GAM is responsible for delivering robust and scalable actuarial modeling solutions in accordance with enterprise & regional objectives.GAM plays a crucial role in generating accurate and timely numbers which become part of our overall financials. These financials are submitted to various external and internal stakeholders like the SEC in USA, Central Bank of Ireland, other regulators, senior management and MetLife’s board. Our financial results are key to measuring performance against targets and company strategy, as well as in shaping the strategy for future. GAM’s work generates key analyses helping business to review the performance from different angles and in taking necessary actions.This role is responsible for managing GAM priorities for the EMEA region, focusing on Europe. This involves:<ul><li>Collaborating with the EMEA Actuarial teams and IT partners to develop and run actuarial models</li><li>Defining input data requirements to support country-specific reporting requirements.</li><li>Working within the Global Actuarial Modeling team to produce and deliver actuarial results for regional MetLife customers.</li></ul>Principal responsibilities of the role:<ul><li>Oversee modeling efforts and engaging with business customers.</li><li>Build models in line with MetLife’s Global Actuarial Modeling Prophet coding standards.</li><li>Perform testing activities to provide quality assurance to the customer.</li><li>Support production activities to deliver actuarial results to satisfy various reporting exercises and various financial impact assessments.</li><li>Support GAM priorities to deliver on regulatory imperatives like IFRS17 or LDTI as applicable</li></ul>Key performance indicators (KPIs) of position:<ul><li>Error-free preparation of financial reports to required timescales and relevant actuarial standards</li><li>Execution of data validation and completeness checks</li><li>Contributing towards building a culture of collaboration, engagement, and trust while supporting the professional development of team members</li><li>Ensuring open communication across teams in various functions and geographies.</li><li>Taking demonstrable ownership of work; clearly flagging any issues and goal delivery concerns to the senior leadership team.</li></ul>Essential Experience, Skills and Competencies:<ul><li>Ability to find solutions within agreed timescales</li><li>Excellent ability to communicate in English, (both written and verbal)</li><li>Aptitude for finding creative solutions to problems, challenge preconceptions</li><li>Good business acumen</li></ul>Advantageous skills and experience:<ul><li>An understanding of actuarial reporting software such as Prophet</li><li>Knowledge of other modeling platforms including Pathwise, Polysystems</li><li>Knowledge of programming in Python, VBA, or other mainstream languages</li></ul>MetLife:MetLife, through its subsidiaries and affiliates, is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits, and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe, and the Middle East.We are ranked #44 on the Fortune 500 list for 2019. In 2019, we were named to the Dow Jones Sustainability Index (DJSI) for the fourth year in a row. DJSI is a global index to track the leading sustainability-driven companies.MetLife is committed to building a purpose-driven and inclusive culture that energizes our people. Our employees work every day to help build a more confident future for people around the world.MetLife is a proud Equal Employment Opportunity and Affirmative Action employer dedicated to attracting, retaining, and developing a diverse and inclusive workforce.

Job SummaryThis role will work closely with primary insurers to understand and assist in the appropriate pricing of their reinsurance arrangements. The role is to ensure that we build a sustainable, profitable portfolio of Life & Health business by bringing SCOR’s global expertise to the Indian market. This will include working with Pricing experts at Regional and Global level within SCOR and will report to the Head of Life in IndiaResponsibilitiesIn your role you are expected to lead the Indian pricing and product development initiatives and proactively engage with all internal stakeholders. At the same time you will benefit from the Divisional team’s expertise in pricing and product development across other Asian markets and from SCOR’s leading R&D Centres in medical Underwriting and Life insurance risks.The main responsibilities of the role are as follows:<ul><li>Working with the Indian Pricing team, to price new reinsurance quotation requests in the Indian market across the whole range of Life insurance risks (Mortality, PA, Health, Critical Illness), adhering to a high technical standard and meeting client deadlines</li><li>Research on the Indian pricing basis, improving the quality of actuarial assumptions and supporting competitive quotations</li><li>Development of product enhancements tailored to the Indian market, providing innovative support to the market managers</li><li>Coordination with divisional risk management and actuarial teams on business referrals</li><li>Support marketing activities and external communication via presentations, client training etc.</li></ul>QualificationsThe following attributes are required:<ul><li>A senior professional with an established track record and credibility in the local insurance market</li><li>A strong understanding of the Reinsurance market</li><li>A self-starter with the right cultural attributes to enhance SCOR’s reputation in the market</li><li>Strong communication skills (both verbal and written)</li><li>Proven practical experience in Pricing and Products</li><li>Pricing experience of at least 5 years, and total experience of 10+ years, who knows, and is known, to key decision makers in the local market</li><li>Technical experience as a qualified Actuary and proven key financial and commercial skills</li><li>Extensive exposure to external stakeholder management (clients, brokers, regulators) and experience of interfacing with internal stakeholders.</li><li>Ability to work in a small client-oriented team and collaborate to optimize SCOR’s position</li><li>Experience of working in a matrix structure would be advantageous (there will be linkages to members of the regional and divisional Pricing teams within SCOR)</li></ul>Required Education<ul><li>Qualified Actuary from one of the following institutes:
 <ul><li>Institute of Actuaries of India</li><li>Institute and Faculty of Actuaries, UK</li><li>Society of Actuaries, US</li><li>Casualty Actuarial Society, US</li></ul></li></ul>About 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 & Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – from Life & Health and Property & 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.

About Swiss ReThe Swiss Re Group 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. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cybercrime.The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 80 offices globally. It is organised into three Business Units, each with a distinct strategy and set of objectives contributing to the Group’s overall mission.About the TeamSitting in the Casualty Underwriting Office, the International Pricing team is a multi-national team responsible for EMEA &amp; APAC regions. We aim to provide a one-stop shop offering insights and guidance for Costing adequacy, portfolio performance management and data services for complex and simple business submissions. We are Centre of expertise for Casualty actuarial topics, connecting and aligning with the Underwriting Transformation team.Our Team is passionate about their work and is supporting and promoting a feedback culture based on agile values, encouraging our Squad members to take freedom to drive their vision and authority for their decisions. Our location at the heart of Bangalore has been witnessing sustainable growth - the kind of growth characterized by the complex and differentiated value delivered to the business.About the RoleThis position is an exciting opportunity to join the International Pricing team part of Casualty Underwriting office. The focus area would be building of Actuarial Models to price Casualty Reinsurance business, calibration of parameters, maintenance of Actuarial pricing tools and providing training and support to the Underwriters. In this role you will give actuarial advice to treaty underwriters worldwide on more sophisticated and large risks or portfolios. Your primary responsibilities will include but not limited to:<ul><li>Development of portfolio level costing parameters, models and analytics, e.g. market curves, tiering and default or pre-submission loss ratios, for the Market Units and Casualty Desks</li><li>Oversee submission Data imports for Complex and Simple business in coordination with the UW desks.</li><li>Monitor portfolio development and initiate steering actions as needed (for Simple and Complex business)</li><li>Collaborate with Underwriting Desks, Market Units and Underwriting transformation team to establish costing, portfolio steering &amp; monitoring approaches.</li><li>Collaborate with Tools &amp; Systems team to actively influence tool development towards the Simplex vision as representative of user community.</li><li>Participate in various Global Rate Review projects using sophisticated analytics tools like Palantir, R, Python, etc.</li></ul>About YouWe are happy to meet you if you possess:<ul><li>Bachelor's degree in actuarial science/ Computer Science/Mathematics</li><li>A good understanding of actuarial methods, models, and related business processes.</li><li>A minimum of 5+ years of experience in P&amp;C commercial insurance. Good knowledge of Property and Casualty products in APAC and or EMEA markets.</li><li>Experience in commercial insurance pricing, portfolio profitability analysis and costing model and tool development. Know-how of reinsurance treaty pricing would be an additional advantage.</li><li>Familiarity with reserving techniques and can confidently operate between the two (reserving and costing) views, sufficiently identifying parallels and divergences in developing an independent costing assessment.</li><li>Exposure to market/LOB portfolio ownership, acting as a go-to person for quantitative questions and solutions, but also comfortable to be both an advocate and a provider of dissenting opinions.</li><li>Excellent interpersonal, communication and influencing skills.</li><li>A continuous improvement mind-set and dedication to uncovering better ways of working.</li><li>"CAN DO" mentality and willingness to learn new technologies to continuously upskill.</li><li>Excellent communication and stakeholder management skills, with the ability to effectively communicate with both technical and non-technical audiences in an international environment.</li></ul>

Objective of RoleThe role will be part of the L&amp;H India pricing team taking responsibility for product development and pricing of new Life &amp; Health business to help the region achieve its ambitious growth plans. We aim to do this through better client experience; cutting-edge, better-informed pricing; and supporting development of innovative products for clients in the region.We are a team of 5 members in India, with support from the regional hub. The role involves supporting development of new products and the pricing of the business written in accordance to our technical guidelines.Major Responsibilities<ul><li>New Business Quotes and Tenders
 <ul><li>Lead and support the pricing and modelling of new business; this includes the review on quotes prepared by other team members and authority to sign-off</li><li>Identify and understand clients' needs and concerns</li><li>Collaborate with a cross-functional team of experts from client markets, underwriting and claims towards assessing the risks associated with a particular opportunity</li></ul></li><li>Costing Methodology and Guidelines
 <ul><li>Review pricing guidelines and ensure their correct application</li><li>Able to challenge status-quo and look to simplify and improve existing practices</li><li>Keep up to date with market, regulatory and competitive trends</li><li>Work with Experience Studies team to gain insight into claims and lapse experience</li><li>Ensure pricing guidelines are kept up-to-date via research and experience studies</li></ul></li><li>Strategy, Product Development and Brand Presence
 <ul><li>Contribute to technical, research and project management input for product development initiatives</li><li>Provide strategic inputs in the running of the Swiss Re business in India including implications of regulations, market and industry developments</li></ul></li><li>Leadership
 <ul><li>Support development of the team on technical knowledge and business acumen</li><li>Lead and contribute to regional projects</li></ul></li></ul>Qualifications &amp; Requirements<ul><li>Qualified or close to qualified actuary (under a recognized actuarial body - SOA/CAS/IFOA/IAI/FOA/FIA) with a Bachelor degree in Actuarial Science, Mathematics, Statistics, Economics or equivalent</li><li>Insurance or reinsurance working experience (including consulting); pricing experience, particularly in India and / or across the South East Asian markets is strongly desirable</li><li>Commercial and technical skills in Life &amp; Health product design and pricing</li><li>Demonstrate maturity and flexibility at managing both internal and external stakeholders</li><li>Experience at using and developing pricing tools, is a plus</li><li>Excellent verbal and written communication skills in English</li></ul>

The Swiss Re Group 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. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cybercrime.The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 80 offices globally. It is organized into three Business Units, each with a distinct strategy and set of objectives contributing to the Group’s overall mission.This position is part of Actuarial Services and Data Insights P&amp;C team in Bangalore. The focus area would be building of Actuarial Models to price facultative Reinsurance business, calibration of parameters, maintenance of Actuarial pricing tools and providing training and support to the Underwriters. In this role you will give actuarial advice to fac underwriters worldwide on more sophisticated and large risks or portfolios.This position will be based out of Bangalore, India.Principal Responsibilities:<ul><li>Build Actuarial Models, Calibrating parameters like Rates, Exposure Curves, Benchmarks, ILFs and development &amp; trend factors.</li><li>Participate in various Global Rate Review projects using sophisticated analytics tools like Palantir, R, Python, etc.</li><li>Build &amp; maintain dashboards and reports for actuarial and data insights using various data visualization techniques in Palantir or MS Power BI.</li><li>Working in collaboration with Underwriters across the Globe and provide for actuarial advice / consultancy for complex deals.</li><li>Actively involved in bringing the new models to the Underwriters and implementing them into the pricing tools. Preparation of technical actuarial documentation and User guides, Upload model parameters and testing the correctness/impact estimation.</li></ul>About the Team:The Actuarial Services and Data Insights P&amp;C (ASPC) Bangalore Team is part of the Property &amp; Casualty Underwriting Excellence Unit. The team works in very close collaboration with ASPC Team spread across Zurich, London, and the US/Canada.The focus areas for the team are:<ul><li>We are the go-to team for actuarial advice and perform the risk assessment for complicated single risk deals worldwide or selective lines of business such as professional likes or sharing economy and facility deals.</li><li>We make sure the underwriters have good models to price their business. We lead rate reviews for property and casualty business on industry level and check rate reviews performed by other units.</li><li>We lead from content perspective the development of the methods and tools used to price the single risk property and casualty business.</li></ul>About You:<ul><li>University Graduate / Postgraduate degree in Mathematics / Statistics / Actuarial Science / Engineering / Computer Science / Science.</li><li>Relevant Working Experience of 7 - 10 years in Insurance / Reinsurance Industry - preferably with experience in pricing role.</li><li>Is pursuing or willing to pursue Actuarial Science from any recognized professional body (IAI, IFoA or SOA/CAS) and has deep understanding of Insurance/Reinsurance concepts.</li><li>Skilled in statistical and data analytics software and packages like R, Python, Power BI, etc.</li><li>Proficient in Actuarial methods widely used in General Insurance Pricing.</li><li>Inquisitive and willing to learn new technology and methods.</li><li>Good oral and written communication skills.</li><li>Experience of working in agile environment in multicultural distributed team.</li><li>A self-starter and able to tackle problems and develop solutions.</li><li>Basic Project Management know-how is added advantage.</li></ul>We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.About usSwiss 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.

Required education and certifications critical for the role:<ul><li>Graduation in Mathematics/Statistics/Actuarial Science or any other with relevant actuarial background</li><li>Member of any recognized Actuarial Society like - IAI, IFOA or SOA, actively pursuing actuarial exam or a qualified actuary</li></ul>Required years of experience:<ul><li>Relevant industry knowledge and minimum work experience of 8 years (Employee Benefits, Retirement and Health Benefits preferably)</li></ul>At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are committed as one firm to our purpose, united through trust as one inclusive, diverse team and we are passionate about helping our colleagues and clients succeed.As a leader in pension and retirement strategies, we partner with clients to create solutions that aim to enhance financial security and deliver better outcomes. Aon’s actuarial professionals deliver accurate and timely advice to trustee and company of defined benefit pension plans. Our insights guide clients through strategic decisions about plan options, improvements, and possible outcomes.General Description of Role:Manages end to end delivery of projects, makes sure all deliverables are completed timely as per scope of work and leverages junior colleagues to complete different projects.Job Responsibilities:<ul><li>Full responsibilities to review big projects & manage delivery independently.</li><li>Prepares original materials (letters, reports, discussion guides) for the lead actuary including first draft of commentary on results</li><li>Fully understands UK pensions legislation, work as an experienced reviewer or scrutiniser on all major work types – Actuarial Valuation / Accounting / Consulting support services / GMP equalisation</li><li>Ability to stand back from detailed calculations, sense-check, draw conclusions and see the work in a broader context of the client's needs and the legislative framework.</li><li>Answers client questions without reliance on the lead actuary and is a strong backup to lead actuary</li><li>Ensures own work and work of junior colleagues is complete and thorough, requiring minimal review from lead actuary</li><li>Identifies and implements improvements to the various processes</li><li>Champions of new ideas and initiatives that deliver strategic results</li><li>Drive annual appraisals and proactively addresses performance issues for people manager roles</li><li>Plan and execute technical meetings and training as per the team's requirement for the Individual contributor roles</li><li>Create an open, collaborative, and engaging team environment</li><li>Has built and maintained a network of stakeholders, including appropriate decision-makers and represents the India team in various forums</li></ul>Skills/Competencies Required:<ul><li>Strong analytical and mathematical skills, with a keen eye for detail</li><li>Ability to effectively communicate the team goals and drive business results</li><li>Understands the professional requirements and quality standards for UK work</li><li>Strong organizational skills to manage multiple projects and deadlines efficiently</li><li>Ability to work in a team and collaborate effectively with colleagues from diverse backgrounds</li><li>An expert in one or more of the specialist areas – valuation, accounting, client extension work, risk & modelling, GMP equalisation, cash equivalent transfer value – but will have a general understanding of all the work and the ability to adapt to new work.</li></ul>How We Support Our Colleagues:In addition to our comprehensive benefits package, we are proud to be an equal opportunity workforce. At Aon, we believe a diverse workforce is an innovative workforce. Our agile, inclusive environment allows colleagues to manage their wellbeing and work/life balance while empowering you to be your authentic self.Furthermore, all colleagues enjoy two "Global Wellbeing Days" each year, encouraging them to take time to focus on themselves. We offer a variety of workstyle options through our Smart Working model, but we also recognize that flexibility goes beyond just the place of work... and we are all for it!Our continuous learning culture inspires and equips colleagues to learn, share and grow, helping them achieve their fullest potential. As a result, Aon colleagues are more connected, more relevant and more valued.

In Risk Management InfoTech we are at the forefront of Swiss Re's public cloud journey, using innovative technologies and combine it with engineering expertise. If You can bring powerful, yet simple solutions with an engineering mentality to build and extend Risk Management capabilities, then this position is for you!Your responsibilities include<ul><li>Implement and integrate actuarial models into production environments ensuring seamless execution and reliability</li><li>Act the first point of contact with the actuaries on R related changes</li><li>Work closely with the engineers to integrate the R code with the rest of the application</li><li>Ensure technical standards are met, controls are met and document the model and processes</li><li>Proactively look for optimizing and simplifying the current processes</li><li>Conduct thorough testing and validation of actuarial models to ensure accuracy and reliability in production environments</li></ul>About the teamSwiss Re launched a new strategic reserving platform for its non-life business. Through this platform we support our reserving actuaries to set our quarterly best estimates on our insurance reserves to pay-out our future obligations. The entire solution is being built natively on Azure with the actuarial community owning the models in R. The usage of R in the platform is rather exceptional, integrating with other programming languages.We are passionate about technology and eager to learn on the go. We closely collaborate with other teams and colleagues around the globe to share knowledge and engineer simple yet effective solutions. Upskilling and continuous learning is natural part of our work with focus on maintain a flexible and collaborative working environment.About YouWe are seeking a skilled and experienced actuarial application engineer with a strong background applying R programming language. The ideal candidate will have a track record in the financial services field with a focus on designing, implementing, and maintaining models and analyses using R. This role requires an understanding of actuarial concepts, statistical methodologies and the ability to translate business requirements into effective, scalable solutions.Must have:<ul><li>3 years of strong hand's on experience developing in R in a productive environment</li><li>1-2 years' experience in financial services industry</li><li>Provides attention to detail and ensures quality</li><li>Experienced self-starter, who can work independently and strong focus on solving problems.</li><li>Curious mind-set and passionate about leveraging technology to optimize the processes.</li><li>Ability to work with tight deadlines.</li><li>Bachelor's degree in engineering, mathematics, actuarial science or equivalent combination of technical education and work experience</li></ul>Nice to have:<ul><li>Hands-on knowledge of Java, Python, SQL is an advantage.</li><li>Familiarity with ML ops</li><li>Completed a few actuarial papers.</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 tasks.We are sending our decision to all candidates via email. If you have not heard back from us, please check your spam folder.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 roleAs a Pricing Actuary, analyzing the profitability of the business is key! We need to identify key drivers impacting the portfolio performance. We develop proposals in collaboration with business owners to mitigate gap between what has been costed against actual performance and ensuring the profitability of the book.You will work with counterparts in Underwriting, Reserving, Claims and Finance to have a 360° view on and develop an independent Actuarial Pricing opinion on the portfolio's expected performance. We develop insights on trends and set parameters using Actuarial and Data Science techniques to improve the predictability and accuracy of costing models. You will have a direct impact in steering your portfolio and ultimately the overall Business Unit's performance.About the teamThe Actuarial Pricing APAC team comprised of a mix of expert members already entrenched in their dedicated product specialization and highly motivated newer members who thrive in a dynamic and fast learning environment. This team reports into the Chief Underwriting Officer and is part of the Global Actuarial Portfolio Management unit comprising two other regional pricing teams with the same regional directive of driving costing accuracy for Swiss Re Corporate Solutions.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.Main responsibilities<ul><li>Have a clear independent view on current pricing or loss adequacy driven by data analysis</li><li>Collaborate with customers and team members to develop a pricing view in and represent and develop compelling recommendations</li><li>Translate details into impactful Executive reports with effective communication</li><li>Translate profitability findings into corrective actions on costing models and parameters.</li><li>Build and maintain costing parameters and tools in accordance to Swiss Re Group standards and business needs.</li><li>Use of actuarial and statistical models to find trends and insights that can be used for risk selection or differentiation, and costing improvements</li><li>Model and price deal transactions.</li></ul>About you<ul><li>A minimum of 4 years of experience in P&amp;C commercial insurance. Good knowledge of Property and Casualty products in APAC markets.</li><li>Experience in commercial insurance pricing, portfolio profitability analysis and costing model and tool development. Know-how of reinsurance treaty pricing would be an additional advantage.</li><li>Familiarity with reserving techniques and can confidently operate between the two (reserving and costing) views, sufficiently identifying parallels and divergences in developing an independent costing assessment.</li><li>Exposure to market/LOB portfolio ownership, acting as a go-to person for quantitative questions and solutions, but also comfortable to be both an advocate and a provider of dissenting opinions.</li></ul>Technical skills<ul><li>A person with highly developed numerical and analytical skills! Applying these skills using real business data to develop insights and practical solutions and to translate the quantitative work into effective visualizations for high impact communication.</li><li>A good understanding of actuarial methods, models, and related business processes.</li><li>Statistical programming skills (e.g. R, Phyton) and know-how of data science techniques is an advantage.</li><li>Review analytical results, derive recommendations, and communicate implications to all partners- from peers to senior leaders.</li><li>Able to challenge and defend assumptions, methods, and conclusions. Evaluate accuracy and uncertainty in models, according to the available data/information at hand.</li><li>Whilst attention to detail is important, there is oversight on the bigger picture, focusing efforts on areas or solutions that would have the highest impact.</li></ul>Personal Leadership Skills<ul><li>You are independent and accountable - and have the skill to priorities to complete plans to achieve high quality results on time.</li><li>You work for the collective success of the team, take own initiative, are open and diligent; and demonstrate collaboration and intercultural competence. It is important to contribute towards a collaborative team spirit, sharing standard methodologies and insights and motivating the whole team to work together.</li></ul>Educational level<ul><li>Master's degree in Mathematics, Statistics, Economics, or equivalent quantitative/ statistical fields</li><li>Good progression towards actuarial qualifications/ Exams</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 Continental Europe Valuation and Analysis Team for the reporting of the CE Southern and Western markets. This role sits within the Valuation and Analysis function in Group Risk Management. 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, Business Units and Client Markets, as well as various global functions.Main tasks/activities/responsibilities<ul><li>Contribute to 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>Assist in proposing methodologies suitable for valuation including assumption reviews, interest rate proposals</li><li>Working under multiple reporting regimes: IFRS17, Statutory, as well as providing input into the internal risk model and Solvency Reporting (SST, SII)</li><li>Assist in migration of different treaties on actuarial valuation platforms</li><li>Support the strategic priorities of the function</li><li>Support to junior members of the team</li></ul>About You<ul><li>Qualified Actuary with 5+ 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>Teamwork - 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.

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.

About the Role:We are seeking an experienced and client focused Pricing Actuary to join our Portfolio Management team.The "Pricing Actuary" is a senior level standout colleague reporting into Team Lead Actuarial Portfolio Management P&amp;S within Actuarial Portfolio Management Unit to execute the portfolio must-wins by using data driven techniques.In this role, you would be playing a pivotal role in Global APM team by being a knowledge and execution leader of portfolio steering activities for P&amp;S portfolios.You will work closely with peers in APM and stakeholders in Property &amp; Specialty underwriting and provide them with the information required to take fast decisions based on factual and up-to-date data insights to drive profitable underwriting.Key responsibilities of the role include:<ul><li>Employ data and line of business portfolio analytics to enhance the decision-making about risk selection, loss costing/pricing and actively enable the execution of global team mandate.</li><li>Build technical portfolio insight capabilities to optimize financial performance management and enhance the views on profitability of sub portfolios across the lines of business.</li><li>Employ data visualization techniques to design business reports and dashboards in various platforms including but not limited to R-Shiny, Power BI, Python, Tableau and Palantir.</li><li>Lead efforts on the continuous improvement of existing portfolio insights/analytic capabilities (in Palantir) and underlying data sources</li><li>Communicate your results and findings optimally to wider partners including Portfolio Managers, Pricing and Reserving Actuaries and Finance departments.</li><li>Involve in various Actuarial investigations including Actual vs Expected studies, Rate monitoring, Expenses analyses, and profitability analyses to drive portfolio steering.</li><li>Build up forward looking portfolio insights and data driven initiatives to actively support shaping the future direction of Property &amp; Specialty lines of business sub-portfolios.</li><li>Partner with other actuaries to analyze risk and exposure profiling, treaty costing and loss modelling performance of underlying Actuarial Models</li></ul>You are encouraged to act with a high level of team spirit, dedication, and focus.If you are eager to deploy your results-oriented approach and technical capabilities, to further grow your business understanding and support the ongoing development of portfolio, work with insurance specialists and other functional partners around the world, you are the right person to join our highly motivated team.About the APM P&amp;SActuarial Portfolio Management (APM) is unit of Underwriting Corso supporting Property &amp; Specialty, Credit &amp; Surety, Casualty &amp; Fin-Pro and Accident &amp; Health underwriting. Property &amp; Specialty (P&amp;S) include Property, Energy, Aviation, Engineering, Marine and Agriculture line of business.We drive portfolio management process to steer our underwriting portfolios towards sustainable profitability. We partner with portfolio owners and provide them with information required to take fast decisions based on factual and up-to-date data insights.We handle meaningful portfolio management tasks and manage governance around portfolio management and costing models ensuring operational resilience and efficiency.We drive product management activities associated with risk and exposure reporting, accumulation management, reinsurance submission preparation etc.We provide overarching portfolio insights focused on risks and opportunities arising from trends to support the Global Line of Business Head Property &amp; Specialty, Underwriting Centre and various other global partners.We are a global team, and we maintain direct collaboration with different functions in Swiss Re Corporate Solutions by acting as the key Property &amp; Specialty link with Underwriting, Finance, Claims and Actuarial (pricing and reserving)<ul><li>Master's degree in mathematics/Statistics/Management/Actuarial Science or university degree in Engineering with at least 6 years of industry experience.</li><li>Experience in Insurance/ Reinsurance in Property &amp; Specialty lines underwriting, reserving, or Actuarial Pricing.</li><li>Proficient in at least one data analysis languages like SQL Python or R including the relevant statistical and machine learning packages.</li><li>Strong analytical and problem-solving skills, flair for numbers and mathematics.</li><li>Proficient understanding of IFRS principles is a plus.</li><li>Hands-on know-how of data visualization techniques and packages and willingness for utilizing (new) technology is desirable.</li><li>Strong personality who enjoys taking ownership and can work independently or with colleagues and cultures from across the world.</li><li>Ability to prioritize and apply sound commercial judgment.</li></ul>We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.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.

About the roleAs the UW Transformation team takes shape, we are embarking on a new and exciting chapter within P&amp;C Re. We invite you to join us on this journey and become a valuable member of the portfolio UW and Specialty team. In this team, we play a pivotal role in providing the necessary methods, processes, and data to effectively guide the P&amp;C Re business. Additionally, we are the dedicated Specialty team in Bangalore and support Specialty in underwriting, tool development and actuarial tasks. As part of the team, you will work closely with the P&amp;C Re leadership, the underwriting community, as well as our dedicated teams in D&amp;T, and Finance. Together, we engage in various transformation projects, including portfolio underwriting and Simplex, that will shape the future of our organization.In this role you would<ul><li>Develop generic portfolio costing methods that can be adapted to several portfolios across all LoBs in P&amp;C Re Treaty.</li><li>Contribute to the development of a portfolio underwriting framework, including monitoring, and steering of segments that utilize portfolio costing approaches.</li><li>Develop and maintain Specialty costing/pricing tools, respond to the business needs and requirements in close collaboration with the actuarial and existing Tools &amp; Systems teams</li><li>Maintain and manage various dashboards and reports used for portfolio analysis, perform actuarial analysis, create reports, perform business intelligence activities, etc.</li><li>Work closely with Underwriters across the Globe to provide costing support to various Treaty Deals.</li><li>Work on updating models, analyzing trends, performing actual vs expected studies.</li><li>Develop underwriting mindset and contributes towards overall goal of P&amp;C Underwriting transformation.</li><li>Contribute to ad hoc projects driven by underwriting or cross-functional teams within UW Transformation and the Global Specialty organization</li></ul>About you<ul><li>Minimum of 3-4 years of work experience in P&amp;C Insurance or Reinsurance – preferably with experience in reserving/pricing/tool development/underwriting function</li><li>University degree M.Sc. or Ph.D. in Science (Mathematics, Physics, Statistics, Computer Science, Actuarial Science, Engineering, etc.) with solid numerical, mathematical, statistical or similar background</li><li>Willingness and ability to achieve a full Actuarial qualification</li><li>Experience with programming language like Python, R, C++, C# or similar</li><li>Flair and experience in designing, specifying, implementing, and testing of actuarial functionality in IT systems according to business requirements</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>Interested in working in an international, multicultural and complex environment</li><li>Open communication, with capability to identify, encourage and accommodate different points of views</li><li>Enthusiasm for actuarial data science</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.Keywords:Reference Code:126679

About the roleAs the UW Transformation team takes shape, we are embarking on a new and exciting chapter within P&amp;C Re. We invite you to join us on this journey and become a valuable member of the portfolio UW and Specialty team. In this team, we play a pivotal role in providing the necessary methods, processes, and data to effectively guide the P&amp;C Re business. Additionally, we are the dedicated Specialty team in Bangalore and support Specialty in underwriting, tool development and actuarial tasks. As part of the team, you will work closely with the P&amp;C Re leadership, the underwriting community, as well as our dedicated teams in D&amp;T, and Finance. Together, we engage in various transformation projects, including portfolio underwriting and Simplex, that will shape the future of our organization.In this role you would<ul><li>Develop generic portfolio costing methods that can be adapted to several portfolios across all LoBs in P&amp;C Re Treaty.</li><li>Contribute to the development of a portfolio underwriting framework, including monitoring and steering of segments that utilize portfolio costing approaches.</li><li>Develop and maintain Specialty costing/pricing tools, respond to the business needs and requirements in close collaboration with the actuarial and existing Tools &amp; Systems teams</li><li>Maintain and manage various dashboards and reports used for portfolio analysis, perform actuarial analysis, create reports, perform business intelligence activities, etc.</li><li>Work closely with Underwriters across the Globe to provide costing support to various Treaty Deals.</li><li>Work on updating models, analyzing trends, performing actual vs expected studies.</li></ul>About you<ul><li>Minimum of 2-3 years of work experience in Insurance or Reinsurance – preferably with experience in reserving/pricing/tool development/underwriting function</li><li>University degree M.Sc. or Ph.D. in Science (Mathematics, Physics, Statistics, Computer Science, Actuarial Science, Engineering, etc.) with solid numerical, mathematical, statistical or similar background</li><li>Willingness and ability to achieve a full Actuarial qualification is an advantage</li><li>Experience with programming language like Java, R, C++, C# or similar</li><li>Flair and experience in designing, specifying, implementing, and testing of actuarial functionality in IT systems according to business requirements</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>Interested in working in an international, multicultural and complex environment</li><li>Open communication, with capability to identify, encourage and accommodate different points of views</li><li>Enthusiasm for actuarial data science</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 KPMG in IndiaKPMG entities in India are professional services firms affiliated with KPMG International Limited. Established in August 1993, KPMG leverages the global network of firms and has offices across India in Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurugram, Jaipur, Hyderabad, Kochi, Kolkata, Mumbai, Noida, Pune, Vadodara, and Vijayawada.We offer services to national and international clients across sectors, providing rapid, performance-based, industry-focused, and technology-enabled services that reflect our knowledge of global and local industries and our experience of the Indian business environment.Primary Responsibilities<ul><li>Your role will involve active participation in projects spanning IFRS 17 Implementation, USGAAP / LDTI / IGAAP actuarial audits, M&A Due Diligence, Independent Expert assignments, Prophet Modelling, Pricing, Model Validation, Risk Management, Solvency II, and more, focusing on India, the wider APAC region, the UK and Europe for Life or Non-Life Assurance/Insurance Markets.</li><li>Your role requires experience in active client management and project management, including building and training team members on various offerings.</li><li>Strong expertise and ability to interpret insurance regulations (IFRS4, IFRS17, LDTI) and offer strategic advice to clients including:</li></ul>- EV review for clients (both buyer and seller side) by validating VIF, CRNHR, Sensitivity results, VoNB, margin walk for change in Embedded Value, Adjusted Net Worth, and other critical aspects including independent EV triangulation and Business Plan (management and investors).- Project management Actuarial Audits: Lead the audit of the client on IFRS 4 (including statutory reserving), US GAAP (FAS60/97/91, SOP03, etc.) or RBC/EEV basis.- Modelling: Modelling of reserves, risk margin, embedded value for various life products; migration of models from existing actuarial software, Prophet modelling; model testing and validationOther related responsibilities<ul><li>Build strong networks across KPMG member firms and clients globally.</li><li>Strong ability of practice development by building credentials across different actuarial/insurance offerings.</li><li>Engage in both quantitative and qualitative tasks, including actuarial modelling, comprehensive report writing, and in-depth research.</li><li>Collaborate seamlessly with colleagues and stakeholders across the globe, to ensure outstanding client support and timely project delivery.</li></ul>Essential Requirements/Qualifications<ul><li>Prior Experience:</li><li>6-10 years of life actuarial experience with knowledge in reporting - Valuation, embedded value, IFRS 17, SH Reporting, RBC, ERM business planning, pricing etc.</li></ul>Education Qualification:<ul><li>Qualified/ nearly qualified with the Institute of Actuaries (UK) and/or Institute of Actuaries of India or any other recognized institute.</li><li>Graduate/Postgraduate with a background in mathematics or statistics or any other related field.</li></ul>Other Essential Skills:<ul><li>A knack for excelling under pressure and within demanding client environments.</li><li>Outstanding verbal and written communication skills.</li><li>Strong aptitude for critical thinking, analytical prowess, and effective decision-making.</li><li>Ability to work fluidly within diverse, cross-functional, international teams, across varying time zones when required.</li><li>Adaptability, a keen willingness to learn, and a comfort level with dynamic work settings.</li><li>Self-driven and motivated, capable of operating autonomously and efficiently without constant supervision.</li><li>Skilled in documenting actuarial methodologies, assumptions, and results in a clear and structured manner for audits and reporting.</li></ul>Equal employment opportunity informationKPMG India has a policy of providing equal opportunity for all applicants and employees regardless of their color, caste, religion, age, sex/gender, national origin, citizenship, sexual orientation, gender identity or expression, disability or other legally protected status. KPMG India values diversity and we request you to submit the details below to support us in our endeavor for diversity. Providing the below information is voluntary and refusal to submit such information will not be prejudicial to you.

Fully Qualified Actuarial Job Vacancies and Opportunities