Tokyo

Graduate

Part Qualified

Associate

Qualified

Senior Actuary

Life

Health

Property & Casualty

Products

Reserving

Reporting

Reinsurance

Risk

Systems

Python

Modelling

Data Science

Experience Analysis

Coding

Motor

Pricing

MoSes

Valuation

Consulting

Excel

Marketing

AXIS

Job Purpose<ul><li>Carry out actuarial tasks related to premium calculation in automobile insurance.</li><li>Apply actuarial techniques to various analyses in automobile insurance to contribute to the expansion of sales, profitability, and target achievement.</li><li>Collaborate with other team members to enhance the skills and knowledge related to actuarial tasks in the automotive actuarial department.</li></ul>Responsibilities1. Premium Calculation Tasks<ul><li>Support various analyses, simulations, and explanations of results for determining automobile insurance premium rates.</li></ul>2. Analytical Tasks<ul><li>Conduct regular analyses and continuously engage in the product design and rate verification processes.</li><li>Carry out detailed individual analyses as required and provide the results to relevant departments to support product design, underwriting rule formulation, and various policy processes.</li><li>Work with the business analytics team and underwriting team to monitor insurance risk factors and support portfolio management.</li></ul>3. Regulatory-Related Tasks<ul><li>Closely collaborate with the regulatory application team to support the preparation of actuarial-related application documents and negotiations with the Financial Services Agency.</li></ul>4. Financial Tasks<ul><li>Work closely with the product team to support the planning of profitability and growth targets for automobile insurance and monitor progress.</li><li>Verify the presence or absence of changes in accounting practices and their impacts.</li></ul>5. Skills Development<ul><li>Continuously acquire new techniques and the latest knowledge to improve the skills of oneself and team members.</li><li>Stay informed about actuarial practices outside of automobile insurance to apply them to automotive actuarial tasks.</li><li>Commit earnestly to self-improvement and deliver results.</li></ul>Key RelationshipsInternal Relationships<ul><li>Other sections within the Product Actuarial Department</li><li>All sections within the Automobile Insurance Department</li><li>Accounting and Finance departments</li><li>Other departments related to automobile insurance</li><li>Automobile insurance actuaries in other countries</li></ul>External Relationships<ul><li>Japan Society of Actuaries, Financial Services Agency, and industry groups</li></ul>Required Skills & ExperienceEducational Background<ul><li>Bachelor’s degree or equivalent (preferably in a scientific or mathematical field, but not required).</li></ul>Skills/Knowledge/Abilities/Certifications/LicensesCertifications<ul><li>Preferably has passed some subjects of the Japan Society of Actuaries exams or is willing to pursue them.</li></ul>Skills<ul><li>Analytical and quantitative skills (experience with various analytical software is desirable).</li></ul>Personality/Disposition<ul><li>Enjoys working with data (numbers) and programming.</li><li>Highly proactive in taking on tasks.</li><li>Demonstrates strong cooperation with other members.</li><li>Open to adopting innovative and practical approaches.</li><li>Exhibits a strong sense of responsibility, taking the initiative to complete assigned tasks.</li><li>Has a strong desire for self-improvement and is committed to self-development.</li><li>Comfortable with English.</li></ul>Work Experience<ul><li>Experience in actuarial science or a related field is desirable.</li><li>Experience in data analysis is desirable.</li></ul>Grade will be determined based on experience, certifications, and skills.

Senior Structuring ActuaryCompany: Munich ReLocation: Tokyo, JapanMunich Re is one of the world's leading reinsurance companies with more than 11,000 employees at over 50 locations around the globe. We are working on topics today that will concern the whole of society tomorrow, whether that be climate change, major construction projects, gene technology, or space travel. We find solutions to these challenges through a network of highly qualified professionals who anticipate risks, work on tailor-made solutions, and expertly advise our clients. Reporting to the Head of Structured Solutions (HS), you will provide services to Munich Management Pte Limited (MMPL) for Munich Re’s (MR) profitable acquisition and management of Financially Motivated Reinsurance (FinMoRe) business in Japan. You are expected to perform activities, including but not limited to the following.Your Role<ul><li>Support the HS with regards to development and implementation of marketing strategies, client segmentation, and the relevant action plans, in accordance with MR’s FinMoRe strategies and reflecting his/her analysis of the market/clients/competitors</li><li>Expand and manage contacts and relationships with senior finance/risk executives for efficient business development and market intelligence around FinMoRe business</li><li>Maintain high visibility in the market through client visits, industry presentations, publications, and other value-added activities</li><li>Support the regional Structured Solutions team with regards to risk analysis, including the relevant documentation, regarding FinMoRe opportunities arising from Japan in timely and professional manners</li><li>Proactively look for information pertaining to trends in the industry, changes in regulations, and other environments which may be relevant to MR’s business propositions for timely updates to the HS</li><li>Provide quality support and input with regards to administration (including liaisons with clients), valuation, monitoring (including periodical experience analysis), and other operational tasks relevant to existing FinMoRe treaties written from Japan</li><li>Ensure that your tasks and duties are managed in accordance with the relevant guidelines and authorities</li><li>Perform quality peer-review and warrant accuracy/quality of works by the team, including documentations</li></ul>Your Profile<ul><li>Qualified Life Actuary</li><li>5 to 10 years of experience at a Life insurance company in Japan, preferably with experience in valuation, pricing, and experience studies</li><li>Familiar with regulations related to insurance business (IBL, J-GAAP, US-GAAP, IFRS, etc)</li><li>Highly motivated team player, proactive, and possess a positive attitude</li><li>Open to new ideas and feedback from peers</li><li>Strong verbal and written communication skills</li><li>Native Japanese language, intermediate level in English</li><li>Experience in driving and leading projects</li><li>Analytical skills and a flair for statistics, analytic modeling</li><li>Flexibility for occasional business trips</li></ul>Our Benefits<ul><li>Hybrid working arrangement</li><li>Flexible working hours</li><li>25 paid holidays per year</li><li>Competitive dental, life, and health insurance coverage</li><li>Lump sum retirement benefit</li></ul>At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives, and thought. This interaction is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the center of this interaction is each of us.Apply now!

About the RoleThe key activities that you will be primarily responsible include:1. Quarterly reserving and reporting processes of L&amp;H business in Japan:<ul><li>Ensuring the reporting process for L&amp;H business is adequately reflective of the changing business needs</li><li>Ensuring in-force data quality and proper determination of policy liabilities for IFRS, JGAAP, Singapore Statutory and Swiss Statutory</li><li>Monitor, project and communicate performance of Japan and assigned L&amp;H business portfolios</li></ul>2. Support engagement with other internal teams (in Risk Management and other partner functions), external clients and regulators to ensure effective management of L&amp;H in-force portfolios:<ul><li>Actively keep track of JFSA latest requirements, especially economic solvency and other actuarial requirements</li><li>Support liaison with other functions in Swiss Re, with special focus on actuarial feedback loop from valuation to pricing</li><li>Assist other teams, e.g. Portfolio Management, Technical Accounting, Risk Management and Finance</li></ul>(Management retains the discretion to add or change the duties of the position at any time.)About the TeamReporting to Corporate Actuary Manager, Life &amp; Health ("L&amp;H") Valuation Actuarial Asia, you will be primarily responsible for the activities of the Actuarial Management team in the Japan market. The Actuarial Management team is part of the L&amp;H Risk Management division in Swiss Re, responsible for managing the in-force business. The Valuation Actuarial team in Asia supports Swiss Re's L&amp;H business in Asia by providing financial information and advice on past/expected future profitability and experience.This team works closely with other departments in Asia's L&amp;H Community, including those in business origination functions (Client Markets and Products teams). Furthermore, the team has interdependent relationships with other units within the L&amp;H Risk Management division. The successful candidate will need to proactively liaise with cross functional teams and is required to foster a strong team culture in order to drive delivery of the overall in-force management mandate.About You<ul><li>At least 3 years of L&amp;H valuation or pricing experience in reinsurance, primary insurance or insurance consultancy;</li><li>Good progress in actuarial exams; and experience in corporate actuarial may be an advantage;</li><li>Ability to balance rigorous technical requirements and business mind-set to be solutions oriented; Strong technical knowledge and the ability to analysis large amounts of data;</li><li>Working level understanding of at least one of the following: IFRS, JGAAP, Singapore Statutory;</li><li>Good knowledge and proficiency of actuarial modelling systems</li></ul>About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

Responsibilities<ul><li>Generate new Life and Health reinsurance opportunities including Financial Solution business by providing actuarial expertise to Business Development managers, other internal teams and the clients.</li><li>Structure reinsurance solutions including Financial Solution business by working with APAC Financial Solution team, Japan Actuarial team, Business Development managers and other internal teams. Ensure the solutions offered are relevant and commercially attractive to clients while satisfying SCOR’s risk and profitability requirements.</li><li>Execute reinsurance treaties by negotiating with the clients, and supporting internal teams.</li><li>Establish and strengthen the relationships with actuaries and key managers in the target client companies. Create and maintain a strong brand awareness for SCOR among the actuarial community.</li><li>Manage the assigned projects for SCOR’s business growth by working with all the stakeholders.</li><li>Contribute to executing and developing SCOR’s business development strategy and plans.</li></ul>QualificationsExperience:<ul><li>5-10+ years actuarial experience in Life Insurance</li><li>Specific knowledge on actuarial topics in Japan life and health insurance market</li><li>(Preferred) Experience in reinsurance department or industry</li></ul>Personal Competences:<ul><li>Customer centric - communicate effectively in client meetings</li><li>Ability to work collaboratively with many stakeholders</li><li>Strong communication and presentation skills both in English and Japanese</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 &amp; Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – from Life &amp; Health and Property &amp; Casualty insurance to Investments. Our specialized teams operate in over 160 countries, fostering long-term relationships with clients.In order to provide our clients with a broad range of innovative reinsurance solutions, SCOR pursues an underwriting policy that is founded on profitability and supported by effective risk management strategy and a prudent investment policy. This approach allows us to offer clients an optimum level of security, to create value for shareholders, and to contribute to the welfare and resilience of society by helping to protect insureds against the risks they face.At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group. We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR’s success.

Become an integral part of Solutions division and lead risk consulting projects throughout the insurance value chain for our clients, including go-to-market strategies, risk assessments, pricing reviews, or portfolio segmentation!Are you ready to combine your analytical skills with clients´ needs? Do not hesitate to APPLY now!About the Role<ul><li>Lead quantitative and qualitative analyses to support and consult our clients on their key priorities and business problems.</li><li>Identify most appropriate methods &amp; actuarial strategies to support decision making, guide implementation and ensure successful delivery.</li><li>Lead data scouting and preparation, as well as integrate existing tools &amp; methods in solution approaches.</li><li>Coordinate research, surveys, and interviews to gain understanding of specific insurance markets and businesses and do not forget to keep up-to-date with industry trends, developments and best practices in actuarial science.</li><li>Compile and present information to communicate clear and practical insights to senior partners of SR's clients.</li><li>Develop relationships with internal and external stakeholder groups, primarily on C- and C-1 level.</li><li>Identify and pursue client opportunities in partnership with our sales origination teams.</li><li>Manage engagements ensuring they are delivered to the associated time, cost, quality commitments.</li></ul>About the TeamReinsurance Solutions strives to contribute to clients’ business by providing products and services across the value chain. Our clients' needs are at the heart of what we do, as we make sure that our products and services help our clients grow and deliver sustainable, commercial impact. We are forefront of analytics understanding by driving the development of solutions through the combination of risk knowledge and data science capabilities.We are working with colleagues with a diverse set of backgrounds from various countries who deliver our analytics offering to our clients worldwide. You will report into the Reinsurance Solutions Risk Consulting Analytics in Asia Pacific (APAC) but be part of a wider Solutions community with relationships in APAC and globally.About YouWe are looking for YOU - team mate with strong interpersonal, and communication skills; well-organized with attention to detail; and passionate, creative fast-learner with entrepreneurial spirit.Essentials:<ul><li>Experience in the insurance market, having worked for a consultancy, insurance, broker, model vendor or analytics company.</li><li>Experience in a client-facing role.</li><li>Proficiency in English, Japanese</li><li>Flexibility to travel occasionally.</li></ul>Nice to have:<ul><li>Experience in actuarial or underwriting role, applying analytical/statistical methods.</li><li>Hands on coding (Python preferably)</li><li>Professional qualifications such as FSA, FCIA, SAV/DAV, or equivalent</li><li>Proficiency in other Asian languages are a strong 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 &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.

Reporting to the Head L&amp;H Pricing Japan, the candidate will be responsible to price business written by the Japan office in accordance with relevant technical guidelines and the Terms of Trade. The candidate will also be responsible for developing new business opportunities in close cooperation with client managers, underwriters and other units, by developing new product offerings; by identifying joint product development opportunities; and by structuring solutions mainly from a traditional reinsurance perspective.Major responsibilities:<ul><li>Manage actuarial matters to execute each quotation</li><li>Maintain Terms of Trade, i.e. the detailed terms on which business can be written, for all major lines of business, and initiation of regular experience studies in support of these terms</li><li>Identify/develop products to meet client needs through analysis of market trend, geographical changes, social welfare system changes and offshore market trend, utilising regional input as needed</li><li>Develop new business opportunities through delivery of new product ideas and/or product development support</li><li>Maintain strong relationships with key clients including liaising on product development projects and delivery of presentations</li></ul>About the Team:The team consists of 5 members currently located in Japan. This team will also work closely with the Pricing and Experience support team located in Bangalore.About you:<ul><li>You are a qualified actuary or close to qualified actuary with at least 2-3 year' experience in actuarial product design and pricing in Japan.</li><li>You are knowledgeable about products, product development and product trends in the market. You have experience of using and applying actuarial pricing tools, preferably AXIS. Knowledge of R is also preferred.</li><li>You have a fundamental understanding about the Japanese (re)insurance industry and the local insurance regulations.</li><li>You have excellent communication and interpersonal skills (in Japanese and in English).</li><li>You are well organised, good time-manager and able to manage projects effectively both independently or as a team player</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.

Job Purpose<ul><li>Carry out pricing calculation for PA, Travel and Medical products</li><li>Conduct various actuarial analysis (including programming in SAS and VBA)</li><li>Prepare actuarial documents and negotiate with JFSA for new products</li></ul>Job Responsibilities<ul><li>Conduct actuarial analysis such as rate review, profitability and loss ratio analysis, and share the results with stakeholders.</li><li>Participate actively in product development and collaborate with the approval application team to create actuarial documents related to insurance mathematics (such as insurance premium calculation methods) and negotiate with the Financial Services Agency.</li><li>Identify risk factors for each insurance product through monitoring activities and strive to control loss ratios.</li><li>Collaborate with relevant departments to achieve revenue and growth targets, and actively propose pricing strategies and underwriting strategies as an actuary.</li><li>Regularly exchange opinions with finance actuaries to confirm any changes in accounting treatment, including IBNR estimation methods.</li><li>Stay updated on recent actuarial methods, insurance laws, and regulatory trends, and ensure compliance with regulations in each insurance product. If necessary, monitor the pricing trends of other companies on a regular basis.</li><li>Work closely with related departments in new product development, insurance premium calculation, rate review, and pricing tool/model development.</li></ul>Key RelationshipsInternal Interactions (Within the Organization)<ul><li>A&amp;H Product division, regional A&amp;H portfolio actuary</li><li>Product actuaries at other LoB</li><li>Finance division (reserving actuarial team, appointed actuary, FP&amp;A)</li><li>Claim operation, IT, Risk, Reinsurance, ERM team</li></ul>External Interactions (Outside the Organization)<ul><li>Institute of Actuaries of Japan (IAJ)</li><li>Financial Services Agency (JFSA)</li><li>Industry associations</li></ul>Required Skills and ExperiencesEducational Qualification<ul><li>Bachelor or Master Degree</li></ul>Specific Qualifications<ul><li>Passed several subjects of IAJ exam</li><li>PC skill (including programming)</li><li>Database manipulation and statistical analysis skill</li><li>Communication and Presentation skill (desirable)</li><li>Cooperativeness for teamwork</li><li>Language skill: Japanese (native), English (business; desirable)</li></ul>Total Experience<ul><li>5+ years of experience in insurance actuarial field</li><li>8+ years of experience in insurance field</li></ul>

Reporting to the Head L&amp;H Pricing Japan, the candidate will be responsible to lead pricing and product development written by the Japan office accordance with relevant technical guidelines and the Terms of Trade. The candidate will also be responsible for developing new business opportunities in close cooperation with client managers, underwriters and other units, by developing new product offerings; by identifying joint product development opportunities; and by structuring solutions mainly from a traditional reinsurance perspective.Major responsibilities:<ul><li>Manage actuarial matters to execute each quotation</li><li>Maintain Terms of Trade, i.e. the detailed terms on which business can be written, for all major lines of business, and initiation of regular experience studies in support of these terms</li><li>Identify/develop products to meet client needs through extensive analysis of market trend, geographical changes, social welfare system changes and offshore market trend, utilising regional input as needed</li><li>Develop new business opportunities through delivery of new product ideas and/or product development support</li><li>Support the professional development of actuaries in Japan Branch, including updating the team and the regional team on relevant developments in the Japanese insurance industry.</li><li>Maintain strong relationships with key clients including liaising on product development projects and delivery of presentations.</li></ul>About the team:The team consists of 5 members currently located in Japan. This team will also work closely with the Pricing and Experience support team located in Bangalore.About you:<ul><li>You have proven track record in managing pricing and product development initiatives in a direct insurance / reinsurance setting. Candidate without managerial experience but with strong experience in direct / reinsurance pricing will also be considered.</li><li>You are a qualified actuary with 10+ years' actuarial experience with strong technical understanding of L&amp;H re/insurance</li><li>You have excellent communication and interpersonal skills. With the ability to influence internal and external stakeholders in English and in Japanese.</li><li>You have a strategic mind-set, with strong vision of business direction.</li><li>You are knowledgeable about products, product development and product trends in the market. You have experience of using and applying actuarial pricing tools, preferably AXIS. Knowledge of R is also preferred.</li><li>Comprehensive understanding about the Japanese (re)insurance industry and the local insurance regulations.</li><li>You consider yourself to be able to lead and motivate team colleagues, whilst also being able to act as a good team player when needed.</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 RoleThe key activities that you will be primarily responsible include:<ul><li>Quarterly reserving and reporting processes of L&amp;H business in Japan:</li><ul><li>Ensuring the reporting process for L&amp;H business is adequately reflective of the changing business needs</li><li>Ensuring in-force data quality and proper determination of policy liabilities for US GAAP, IFRS, Japan Statutory, Singapore Statutory, Swiss Statutory and internal economic reporting</li><li>Monitor, project and communicate performance of Japan and assigned L&amp;H business portfolio</li></ul><li>Support engagement with other internal teams (in Risk Management and other partner functions), external clients and regulators to ensure effective management of L&amp;H in-force portfolios:</li><ul><li>Actively keep track of JFSA latest requirements, especially economic solvency and other actuarial requirements</li><li>Support liaison with other functions in Swiss Re, with special focus on actuarial feedback loop from valuation to pricing</li><li>Assist other teams, e.g. Portfolio Management, Technical Accounting, Risk Management and Finance</li></ul></ul>About the TeamReporting to Corporate Actuary Manager, Life &amp; Health ("L&amp;H") Valuation Actuarial Asia, you will be primarily responsible for the activities of the Actuarial Management team in the Japan market. The Actuarial Management team is part of the L&amp;H Risk Management division in Swiss Re, responsible for managing the in-force business. The Valuation Actuarial team in Asia supports Swiss Re's L&amp;H business in Asia by providing financial information and advice on past/expected future profitability and experience.This team works closely with other departments in Asia's L&amp;H Community, including those in business origination functions (Client Markets and Products teams). Furthermore, the team has interdependent relationships with other units within the L&amp;H Risk Management division. The successful candidate will need to proactively liaise with cross functional teams and is required to foster a strong team culture in order to drive delivery of the overall in-force management mandate.About You<ul><li>University graduate in Actuarial Science or related discipline</li><li>Good progress in actuarial exams; and experience in corporate actuarial may be an advantage</li><li>Excellent interpersonal, communication, organisational skills</li><li>Good knowledge and proficiency of MS Excel</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.

<div>Munich Re, Japan Branch was established in July 2017 as a composite reinsurance branch in order to serve both life and non-life clients in the Japanese market. The Japan Branch is given the full mandate necessary by Munich Re’s board to run the business in Japan and it is staffed with highly skilled world-class professionals in diverse disciplines.Japan is a very important market for Munich Re and the establishment of the Japan Branch represents Munich Re’s continued and even stronger commitment to the Japanese market. We are excited to invite qualified candidates into our excellent team in order to drive Munich Re’s profitable growth in Japan for years to come.Highly qualified and motivated staff are key to the success of our business. Our corporate and leadership culture strongly geared to performance and business requirements has a major positive impact on the way our staff approach change, performance and training.  We strive to recruit the best staff we can and equip them to deal with the global business of opportunities and risks.Offer:<ul><li>Perform Financially Motivated Reinsurance related tasks including all the bullet points below as well as internal support of the pricing team.</li><li>Pricing</li><li>Perform yearly experience studies on specified reinsurance treaties with internal IT tools and provide recommendations based on the outcome.</li><li>Provide quarterly business prognosis with internal IT tools in close coordination with the business development department.</li><li>Monitor in-force business and come up with possible measures / tactics in close cooperation with the business development department.</li><li>Lead / manage actuarial projects and related research in relation to, for example, developing terms of trade in certain lines of business (e.g. living benefits).</li><li>Involve in pricing of various reinsurance quotes.</li><li>Valuation tasks</li></ul>Profile:<ul><li>Qualified Life actuary (preferably FIAJ).</li><li>5 to 10 years of experience at a Life insurance company in Japan. Preferably with experience in valuation, pricing and experience studies.</li><li>Familiar with regulations related to insurance business (IBL, J-GAAP, US-GAAP, IFRS, etc)</li><li>Team player, highly motivated, proactive, positive attitude, enduring, open to new ideas and feedback from peers.</li><li>Strong verbal and written communication skills.</li><li>Native Japanese language, intermediate level in English. Willingness to learn/improve English and to work in an international environment.</li><li>Experience in driving and leading projects.</li><li>Good IT skills and willing to learn internal IT tools.</li><li>Analytical skills and a flair for statistics, analytic modelling.</li><li>Flexibility for occasional business trips.</li></ul>Our business model is based on the combination of primary insurance and reinsurance under one roof. We take on risks worldwide of every type and complexity, and our experience, financial strength, efficiency and first-class service make us the first choice for all matters relating to risk. Our client relationships are built on trust and cooperation. If you would be interested in helping shape the future as part of one of our teams, we look forward to hearing from you.We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sexual orientation, age, citizenship, marital status, disability, gender, gender identity or expression. We are proud to be an equal opportunity workplace.</div>

About Swiss Re



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Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property &amp; Casualty and Life &amp; Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world. 
 
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work. 




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Job Summary 
•    Price business written by the Japan office in accordance with relevant technical guidelines and the Terms of Trade. 
•    Develop new business opportunities in close cooperation with client managers, underwriters and other units, by developing new product ideas; by identifying joint product development opportunities; and by structuring solutions mainly from traditional reinsurance perspective



Detailed Job Functions (including local functions) 
•    Manage actuarial matters to execute each quotation 
•    Maintain terms of trade, i.e. the detailed terms on which business can be written, for all major lines of business, and initiation of regular experience studies in support of these terms 
•    Identify/develop products to meet client needs through extensive analysis of market trend, geographical changes, social welfare system changes and offshore market trend, utilising regional input as needed 
•    Develop new business opportunities through delivery of new product ideas and/or product development support 
•    Support the professional development of actuaries in Japan Branch, including updating the team and the regional team on relevant developments in the Japanese insurance industry. 
•    Maintain strong relationships with key clients including liaison on product development issues and delivery of presentations



Interpersonal and Business skills 

Technical Expertise 
•    Qualified actuary or close to qualified actuary 
•    At least 2-3 years’ experience in actuarial product design and pricing in Japan 
•    Excellent knowledge about products, product development and product trend in the market 
•    Experience of using and applying actuarial pricing tools, preferably AXIS or Moses. 
•    Fundamental understanding about the Japanese (re)insurance industry and the local insurance regulations.

Soft Skills 
•    Excellent interpersonal, communication and influencing skills (in Japanese and in English) 
•    Good working knowledge of the Swiss Re Group. 
•    Well organised, good time manager and able to manage projects effectively. 
•    Good team player 
•    Independent 
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Keywords:   
Reference Code: 115748 


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