Bangalore

Gurgaon

Mumbai

Noida

Graduate

Part Qualified

Associate

Qualified

Senior Actuary

Life

Investments

Health

Property & Casualty

Reserving

Reporting

Data

Reinsurance

Risk

Systems

Python

Modelling

Data Science

Experience Analysis

Prophet

Coding

Pricing

Machine Learning

Valuation

Longevity

Consulting

Excel

ResQ

Marketing

Igloo

Power BI

Marine

Tableau

Microsoft Azure

Radar

Primary DetailsTime Type: Full timeWorker Type: EmployeePerform, analyze, draw, and document conclusions and make recommendations for actuarial management for making sound business decisions.Implement and monitor a comprehensive management information strategy tailored to meet the strategic needs of the business while providing leadership on data quality and governance.Skills:How to Apply:To submit your application, follow the step by step process.Equal Employment Opportunity:QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

The Role – Actuarial AnalystWorking within a rapidly growing global team of over 100 risk consultants, this role will centre on providing actuarial model-based insurance optimisation and captive optimisation advice to a wide range of corporate clients worldwide.You will be eager to grow the depth and breadth of your actuarial modelling capabilities and possess the innovation and problem-solving abilities required to develop bespoke, often complex models for our clients.This role offers a stimulating, internationally focused opportunity to enhance your actuarial capabilities and develop your project management and client-facing skills. Following qualification, you can look forward to business development and management opportunities.What you will doP&amp;C Pricing and Optimisation<ul><li>Help clients optimise their insurance strategy by ensuring that the price they pay is optimum for the level of risk being transferred.</li><li>Construct forward-looking actuarial loss forecast models for corporations across all geographies and industries.</li><li>Produce strategic recommendations based on model results to help clients manage their risks more effectively.</li></ul>Capital Modelling and Solvency II<ul><li>Provide an objective view of the profitability and financial strength of captive insurers.</li><li>Actively contribute to the Actuarial Function of these Captive Insurers and review their Solvency Capital Requirements (SCR) and Technical Provisions (TPs) periodically.</li><li>Assist in developing assumptions and challenge them where required to ensure a robust risk management framework.</li><li>Support ongoing compliance with regulations and timely completion of regulatory returns across various domiciles.</li></ul>P&amp;C Reserving<ul><li>Work collaboratively with colleagues to produce actuarial reserving analysis for both corporate clients and captive insurance clients.</li><li>Write client deliverables and reports in a clear, concise, and appropriate style.</li></ul>Aside from the core activities described above, the successful candidate will also be expected to assist with ad-hoc projects which could include, but are not limited to:<ul><li>Bespoke modelling.</li><li>Development of modelling tools.</li><li>Assisting with client pitches and Request for Proposals (RfPs).</li><li>Researching prospects and markets.</li><li>ERM projects.</li></ul>The successful candidate will receive training and study support within a stimulating, multi-disciplined team of actuaries and other risk professionals to develop their technical, commercial, and management skills.QualificationsEssential Requirements for the Role<ul><li>Highly numerate with a recognised degree.</li><li>Spoken and written English must be at native speaker level. Spanish would be a bonus.</li><li>A commitment to pursuing actuarial qualifications.</li><li>Excellent MS Office skills.</li><li>Proficiency in one of R/R Shiny, Python, Power BI, RADAR, Igloo, or ResQ.</li><li>Strong communication skills.</li><li>A natural team player, ready to deliver high-quality services to clients on time.</li><li>Willingness to travel.</li></ul>

The OpportunityMake a difference in your career with one of the biggest reinsurance companies in the world with 12,000+ diverse employees in over 60 offices globally.Our location at the heart of Bangalore has been witnessing balanced growth characterized by the sophisticated and differentiated value delivered to the business. This is your opportunity to join a high-performing team, working in tandem with the actuarial talent pool and other business functions co-located in our setup in Bangalore.The position is part of the Financial Modelling team within the wider Treasury department and reports to the Head of Financial Modelling team Bangalore. We are looking for an Associate Financial Analyst who continuously seeks modelling improvements, takes ownership of multiple IFRS based Financial Plan production processes for the Reinsurance Business Unit, and serves as a credible business partner on all related matters to the wider organization.About the Role:The core activities of the analyst will include:<ul><li>Ownership of tasks specific to refinement/(re)design, testing, and implementation of IFRS Simulation Model (ISM) used for the creation of IFRS Financial Plan and the Expected Change in SST RBC. This includes performing cash flow validation and analysis of ISM output by benchmarking against Group IFRS Model.</li><li>Perform IFRS Simulation Model (ISM) runs that include refinements to the code and/or scenario runs, validating the results before handing over to key stakeholders.</li><li>Support the relevant refinement/redesign, testing, and implementation of BU Planning tools.</li><li>Operation of IFRS Simulation model used for the construction of IFRS based Financial Plan for various Business Units, leading to the construction of balance sheet, income statement, and cash flow statements.</li><li>During the plan production phase, investigate the root cause of various technical queries raised by stakeholders and provide solutions.</li><li>Provide technical support to respective Business Units in understanding various plan-related figures and metrics.</li><li>Collaborate with the Business & Market Units Finance Teams, Underwriting, Reserving, Investment, Funding, Treasury, and other functions to create a complete IFRS based Financial Plan.</li><li>Support and optimize our operational and governance framework to ensure tasks are conducted optimally.</li></ul>About the Team:We are the Financial Modelling Team, an integral part of the FP&A Infrastructure, Automation & Costs (FIAC) team within the Treasury Department. We work closely with the Group functions and BU FP&A teams on significant topics related to the IFRS based Financial Plan. We are responsible for spearheading refinements and updates to the IFRS Simulation Model (ISM) and Planning tools to keep the FP&A systems and processes up to date. This includes both the operation and continued improvement of the modelling tools used for IFRS and SST based Financial Planning.About You:General:<ul><li>Overall, 5-10 years of working experience in quantitative sciences such as actuarial, finance, or risk management functions within (re)insurance.</li><li>Actuarial professionals from acknowledged society with progress on exams.</li><li>Intellectual curiosity with eagerness to improve financial modelling.</li><li>Excellent command of spoken and written English.</li></ul>Specific Technical Skills:<ul><li>In-depth understanding of the P&C or L&H actuarial modelling.</li><li>Exceptional understanding of financial statements with a specific focus on IFRS 17 (or similar economic framework) as an added advantage.</li><li>Exceptional command of MS Office tools, including advanced skills in Excel and good PowerPoint skills. Firsthand experience in SQL/Python is preferred.</li></ul>Specific Soft Skills:<ul><li>Outstanding oral, written, and interpersonal communication skills with the ability to simplify sophisticated technical concepts into business value-focused language.</li><li>Ability to work in a highly collaborative, multicultural, team environment, under pressure and on conflicting priorities.</li><li>Initiative-taking individual who can think analytically.</li></ul>About Swiss Re:Swiss Re is one of the world’s leading providers of reinsurance, insurance, and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought, or other characteristics. In our inclusive and flexible environment, everyone can bring their authentic selves to work and their passion for sustainability.If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

<article class="article article--details article--separator-not regular-fields--cols-2Z">City: NoidaCountry: IndiaWorking Schedule: Full-TimeWork Arrangement: HybridRelocation Assistance Available: NoPosted Date: 29-Jan-2025Job ID: 6418</article><article class="article article--details">Description and RequirementsTo support the delivery of the following objectives:<ul><li>Active involvement in the areas of Product pricing, New Business Value, UAT test, Valuations and modelling new products.</li><li>Preparation of various internal reports along with actuarial statutory report.</li><li>Knowledge of reserving, Local Insurance Laws, regulations would be beneficial.</li><li>Populate CFT projection model for liquidity test.</li><li>Work closely with Appointed Actuary/CFO/Financial controller and other stakeholders for various ad-hoc tasks.</li><li>Active delegation and execution of work while maintaining strong focus on quality, timeliness, and effective communications.</li><li>Aspiration and preferably track record of success in pursuing actuarial study to become an Actuary.</li><li>Learn and provide desired output using actuarial software like Prophet.</li><li>Good communication skills (both written and spoken) in English.</li><li>Good with coding and VBA skills.</li><li>Maintain productive working relationships with internal and external team members.</li><li>Provide extensive support to the finance department in process improvement, Reinsurance and other relevant areas.</li></ul>Key Performance Indicators (KPIs) of Position:<ul><li>Review necessary enhancements to the Global Tools taking into consideration multiple bases (e.g., US STAT, US GAAP LDTI, RBC, Local STAT etc.).</li><li>Validation of changes made in the Models for Pricing and Valuation.</li><li>Contributing towards good team morale and positive team engagement and professional development.</li><li>Ensuring excellent communication between Noida-based team and stakeholders based in different geographical locations.</li><li>Taking ownership of work; clearly flagging any issues and goal delivery concerns to senior leadership team.</li></ul>About MetLifeRecognized on Fortune magazine's list of the 2024 "World's Most Admired Companies" and Fortune World’s 25 Best Workplaces™ for 2024, 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 individual and institutional customers.With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future.United by purpose and guided by empathy, we’re inspired to transform the next century in financial services.At MetLife, it’s All Together Possible. Join us!</article>

About the Role:Position objectives: The role will be part of the Continental Europe Actuarial Team for the reporting of the Israel market. The role will be responsible for the delivery of financial reporting results for Israel, mainly under IFRS17 and Swiss Statutory bases. The successful candidate will work collaboratively with the Finance, Portfolio Management, Risk, and the wider Actuarial team across the reinsurance business.Main tasks / responsibilities:<ul><li>Deliver quarterly financial reporting results with good quality, mainly under IFRS17 and Swiss Statutory bases.</li><li>Co-ordinate closing timelines with stakeholders to ensure results are delivered in a timely manner and to ensure all actuarial inputs are provided as per deadlines.</li><li>Analyse quarterly financial results, provide insights, and communicate the story with stakeholders effectively.</li><li>Proactively identify soft areas and communicate issues on time. Improve the efficiency and quality of the reporting process.</li><li>Collaborate with other functions, including accounting, markets, and production teams. Contribute to the smart circle by providing feedback on current trends and changes that may affect other teams and reflect the changes relevant to financial reporting appropriately.</li><li>Perform experience studies and other ad-hoc activities required by the business.</li><li>Contribute to the preparation of Board and Committee reports.</li><li>Support the embedding of the risk culture within the Valuation and Analysis team.</li></ul>About the Team:The CE & Israel Actuarial Valuation team is part of L&H Actuarial and Risk Management, made up of around 35 people located in Zurich, London, and Bangalore. The team’s remit covers all L&H business written in Continental European and Israel markets, involving collaboration with a wide range of internal stakeholders in various functions.Key objectives of the team include the delivery of robust and transparent quarterly financial results, supporting active management of the in-force portfolio to help maintain the L&H ROE, and delivering improvements in operational efficiency.About You:<ul><li>Be a nearly qualified or qualified actuary with 5+ years of experience in the life insurance/reinsurance industry.</li><li>Possess expertise on both technical and business sides to analyse and interpret quarterly life & health financial results.</li><li>Ability to present the business story and data in a practical format and articulate it to all levels of internal and external stakeholders.</li><li>Expertise on various complex topics such as recaptures, Funds withheld, and Counterparty Credit Risk would be considered an advantage.</li><li>Computer literacy, particularly in MS Excel. Knowledge of MS PowerBi, Stargate, and ArtèMIS would be considered an advantage.</li><li>Ability to deliver to tight deadlines.</li><li>An open mindset that can grow with the changing needs of the Continental Europe business.</li><li>Adaptability and willingness to engage on unfamiliar topics and learn new subject matter to support the development of solutions.</li><li>Ability to cooperate with other teams for both BAU and change management.</li><li>Proficient in English, both oral and written.</li></ul>About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance, and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health.Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought, or other characteristics.In our inclusive and flexible environment, everyone can bring their authentic selves to work and their passion for sustainability.If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

Location<ul><li>Posting Location: Noida, India</li></ul>CityNoidaCountryIndiaWorking ScheduleFull-TimeWork ArrangementHybridRelocation Assistance AvailableNoPosted Date09-Apr-2024Job ID3218Description and RequirementsFocus of the role includes:<ul><li>Responsible for managing US GAAP/STAT reporting, Experience Studies, New Business Valuation and Statutory reporting for Nepal.</li><li>Develop and support the team for various activities:</li><li>Support automation projects.</li><li>Provide production steward reviews for new Prophet models for pricing new products.</li><li>Ensure completion of Local statutory valuation filing.</li><li>Develop strong working relationships and strategic partnerships with internal clients (e.g. Dev team, QA team, local office, IT and other users of models) to ensure a high degree of customer satisfaction.</li><li>Lead a team of Noida-based actuarial students to support supervisor and ensure critical focus on core deliverables throughout.</li></ul>Job ResponsibilitiesTo support the delivery of the following objectives:<ul><li>Active involvement in the areas of Product pricing, New Business Value, UAT test, Valuations and modelling new products.</li><li>Preparation of various internal reports along with actuarial statutory report / Mortality / morbidity Studies.</li><li>Knowledge of reserving, Local Insurance Laws, regulations would be beneficial.</li><li>Timely review of VNB report with high accuracy.</li><li>Populate CFT projection model for liquidity test.</li><li>Work closely with Appointed Actuary/ CFO/Financial controller and other stakeholders for various ad-hoc tasks.</li><li>Active delegation and execution of work while maintaining strong focus on quality, timeliness, and effective communications.</li><li>Aspiration and preferably track record of success in pursuing actuarial study to become an Actuary.</li><li>Learn and provide desired output using actuarial software like PolySystem/Prophet.</li><li>Good communication skill (both written and spoken) in English.</li><li>Good with coding and VBA skills.</li><li>Maintain productive working relationships with internal and external team members.</li><li>Provide extensive support to the finance department in process improvement, Reinsurance and other relevant areas.</li></ul>Key Performance Indicators (KPIs) of Position:<ul><li>Review necessary enhancements to the Global Tools taking into consideration multiple bases (e.g., US STAT, US GAAP LDTI, RBC, Local STAT etc.)</li><li>Validation of changes made in the Models for Pricing and Valuation.</li><li>Contributing towards good team morale and positive team engagement and professional development.</li><li>Ensuring excellent communication between Noida-based team and stakeholders based in different geographical locations.</li><li>Taking ownership of work; clearly flagging any issues and goal delivery concerns to senior leadership team.</li></ul>About MetLifeRecognized on Fortune magazine's list of the 2024 "World's Most Admired Companies" and Fortune World’s 25 Best Workplaces™ for 2024, 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 individual and institutional customers.With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future.United by purpose and guided by empathy, we’re inspired to transform the next century in financial services.At MetLife, it’s #AllTogetherPossible. Join us!

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 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 roleYou 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 &amp; 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 intiatives</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 4 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></ul>Progression towards relevant professional financial exams (CFA, FRM, CQF, IFoA, IAI, etc) is a plus.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 MillimanMilliman is among the world's largest providers of actuarial and related products and services. Our mission is to serve our clients to protect the health and financial well-being of people everywhere. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe. We are owned and managed by our principals—senior consultants whose selection is based on their technical, professional, and business achievements.Milliman serves the full spectrum of business, financial, government, union, education, and nonprofit organizations. In addition to our consulting actuaries, Milliman's body of professionals includes numerous other specialists, ranging from clinicians to economists.What is expected of you at this level:<ul><li>Understand the overall concept of the organization, its mission, and its values.</li><li>Demonstrate learning attitude during the various training imparted &amp; products they assist in during their tenure.</li><li>Learn about the various technologies used within the development team they are part of.</li><li>Progressive during the tenure to learn working independently upon receiving general guidance on projects.</li><li>Work effectively in a distributed global team environment.</li></ul>What you must have:<ul><li>Must have knowledge of T-SQL (highest priority), Python, OOPS Concepts (Structural language e.g. C#, JAVA), .Net.</li><li>Having knowledge of Apache Spark, Powershell Scripting, and Cloud (Azure, AWS, GCP, etc.) will be an added advantage.</li><li>Experience on large-scale data implementations.</li><li>Must have basic technical knowledge.</li><li>Strong analytical and problem-solving skills.</li><li>Actuarial experience is an advantage.</li></ul>Educational Requirements:<ul><li>BE/B.Tech/ BCA/ MCA with less or no experience.</li></ul>

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.

We are looking for an ambitious person for an exciting new role revolving around both running and helping to develop IFRS related processes and tools centrally for all regions of LHRM. The role will be split between running the central tools and process on behalf of the regions, to create the new IFRS metrics used to explain the group IFRS performance, while also being involved in enhancing and developing the systems and processes.As a senior member in the team the expectation is to grow into the go to person for more complex issues and task. While the role isn't the team lead, from a day to day activity perspective, it will be important to help support and coordinate the more junior members.Key accountabilities<ul><li>Senior team member – As the senior member in the team you will play a key role. Supporting the junior members within the team, ensuring good communication upwards and more broadly within the wider AOS team, while also developing strong relationships with the regional stakeholders.</li><li>Produce IFRS specific valuation metrics – To work in the L&amp;H Risk Management division to be an actuarial analyst within the team based in Bangalore tasked with running the IFRS tools and processes to create the required financial metrics on behalf of the regional teams. Including supporting the junior members in the team to ensure the teams deliverables are consistently of a high quality.</li><li>Testing and driving development – The candidate will play an important role in helping to test new changes and identifying future developments based on their experience running the processes.</li><li>Documenting and user guides – The role holder will also work on documenting the process and system and this will include developing and maintaining any end user guides as well as ensuring the evidence from any testing activities is available and meets the standards required to pass audit inspection.</li></ul>Key skills and experienceThe role will suit a motivated and curious individual who wants to be exposed to an exciting new team and role focusing on IFRS related systems and processesSkills:<ul><li>Graduate with specialization in Actuarial/Statistics/Math or Experience in data/actuarial analysis or actuarial valuation process with few actuarial papers cleared and at least 5+years appropriate work experience</li><li>Strong analytical and problem-solving skills</li><li>Accomplished interpersonal and communication skills, demonstrating the ability to be able to communicate clearly with colleagues and manage stakeholder expectations. Any experience either managing or mentoring junior members would be desirable</li><li>Highly motivated and self-driven. Taking accountability of delivering as a team</li><li>Willing to learn and enhance their IT skills</li><li>Experience or interest in MSBI, frequently used as the teams reporting tool</li><li>Excited to be part of a diverse multi-locational team of internal and external professionals</li><li>Experience of Prophet would be desirable, but not essential</li><li>Proactively trying to identify problems or challenges during the production process to feed into future developments</li><li>Knowledge &amp; experience of Insurance Domain/Financial industry/Finance function in other industries is useful</li></ul>We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, including gender identity or expression, sexual orientation, age, marital status, veteran status, or disability status.Swiss Re offers modern work models and attractive work places that allow all employees to adapt to changing work preferences and life phases.About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property &amp; Casualty and Life &amp; Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

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

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

Do you have a passion for understanding how reinsurance can be a key part of our clients' success story? Are you a highly motivated individual looking to utilise your strategic mindset to understand client needs and analyse market drivers? If yes, then Business Development (BD) is looking for a highly motivated talent like you to join the Bangalore based BD team.This exciting opportunity sits within the Reinsurance Business Unit and focuses on originating profitable reinsurance business for Swiss Re.In order to do this, you will need to maintain a relentless focus on understanding client needs today and tomorrow, develop corresponding client solutions, building analytical infrastructure to identify business opportunities and drive innovation. Your line manager and BD colleagues across the globe will support your professional and personal development as you seek to gain in depth knowledge of innovative reinsurance solutions. To transform this origination work into business growth, you will work collaboratively with various functions across Swiss Re, including sales leaders and technical structuring unitsThe opportunity<ul><li>This position requires converting broad knowledge of (re)insurance, corporate finance, regulatory frameworks, consulting, rating agencies and capital markets into business / strategic engagement opportunities for Swiss Re.</li></ul>The candidate will be under the guidance of a Business Development Manager and work in a collaborative team to achieve:<ul><li>In-depth insights into clients' strategies &amp; financial condition utilising publicly available data (e.g. financial statements, research reports, etc) as well as insights from discussions with client managers and market participants and translate them into commercially viable business opportunities</li><li>Identify new market needs in order to generate meaningful reinsurance business opportunities</li><li>Understand how different Swiss Re offerings may affect a client in terms of financial performance, accounting, rating agency, and equity valuation aspects</li><li>Build financial models for individual clients, projecting financial statements to assess the impact of our solutions for the clients</li><li>Produce high quality, replicable analytics &amp; client presentation materials (including, but not limited to, visually attractive and compelling pitch books) of a standard comparable to leading investment banks or management consultants</li><li>Act as dedicated BD support for a defined set of clients; be a trusted advisor / challenger, and support on specific deal teams as needed</li><li>Provide input through a deal lifecycle to ensure solutions meet client objectives</li></ul>The Business Development Team (BD)<ul><li>In BD, we identify new business opportunities and work on strategic reinsurance topics together with our clients. We develop business cases for bespoke reinsurance deals, quantify reinsurance benefits with the help of financial or stochastic models, and support strategic client planning and marketing.</li><li>People in BD have a background in, corporate finance economics, and or actuarial science. We work closely together with sales leaders, structurers, underwriters and other functions. We are a global function and collaborate frequently across locations and regions.</li><li>By joining us, you will gain an in-depth understanding of reinsurance, M&amp;A Insurance and Consulting and its capacity to help our clients to manage their risk and capital position. You will develop solid foundations for a successful career in reinsurance, M&amp;A and Consulting.</li></ul>Abundance of Corporate and Self development benefits incl. but not limited too – onlocation rotation opportunities to other BD and Swiss Re functions, trainings, onshore relocation opportunities for consistent high performers, vertical and horizontal career development potential.RequirementsThe ideal candidate will be able to demonstrate transferrable skills from relevant work / study experience.Technical skills<ul><li>2+ years' experience (for associate), 5+ years (for AVP) in Consulting firms / Top Investment banks tracking Insurance / Re(insurance) - L&amp;H and P&amp;C (re)insurance segments (preferably both).</li><li>Actuarial Experience (Minimum 6 papers cleared ) / Experience in Corporate Finance and / or Equity Research.</li><li>Strong presentation skills.</li><li>Good understanding of primary insurance markets, trends, and products.</li><li>Good combined knowledge of actuarial capital models, corporate finance, accounting, solvency and ratings capital models as well as company valuation driver.</li><li>Analytical (proficient); ability to articulate clearly, ability to prioritize and multitask, adaptable, open-minded, pragmatic, ability to manage expectation of different stakeholders.</li><li>Proficient in&nbsp;Business Intelligence tools/Advanced Excel&nbsp;to prepare insightful dashboards to enable business origination.</li><li>Strong analytical and quantitative skills.</li><li>Fluent command of English, additional language skills advantageous.</li><li>Proficient in Excel, PowerPoint.</li></ul>Soft skills<ul><li>Has a commercial mindset.</li><li>An&nbsp;engaging personality&nbsp;that lives Swiss Re's values.</li><li>Demonstrates&nbsp;strategic vision and agility&nbsp;- ability to think strategically, anticipate future consequences and trends, and incorporate them into a plan with a relentless focus on execution.</li><li>Out of the box thinker; comfortable working on solutions across a broad range of challenges.</li><li>Strong communicator&nbsp;able to present complex information both to technical and non-technical audiences in a confident, simple and concise way.</li><li>Taking initiatives and getting things done&nbsp;- someone who likes to talk enough about what needs to happen but is itching to get the job done.</li><li>Open-minded, outgoing, imaginative, creative, inquisitive, energetic and committed team player.</li><li>Takes pride in and enjoys working with clients as much as with own ideas.</li></ul>Educational requirement<ul><li>Actuary/CFA/MBA from Tier I B-schools with corporate finance experience.</li><li>Bachelor / Post Graduate degree in a quantitative principle in Mathematics / Statistics / Finance / Economics)</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.

Investment Actuary Jobs and Actuarial Careers in the Investment Sector