Zurich

Intern

Graduate

Part Qualified

Associate

Qualified

Life

Investments

Health

Property & Casualty

Reserving

Reporting

Reinsurance

Risk

Systems

Python

Modelling

Coding

Pricing

Machine Learning

Valuation

Power BI

Tableau

Job DescriptionRisk Capital is responsible for producing, analyzing, reporting, and explaining quarterly internal model results for SCOR Group and SCOR’s subsidiaries. It further produces analytics on capital, ALM, and economic performance on business initiatives for other risk departments as well as senior and executive management decisions.Responsibilities<ul><li>Your work, analysis, experience, and expertise are pivotal for mitigating financial market risks to safeguard SCOR’s risk appetite.</li><li>Apply SCOR’s internal model to evaluate and perform duration and convexity analysis to measure sensitivity to interest rate changes.</li><li>Identify mismatches between assets and liabilities, and stress test cash flow projections to anticipate liquidity needs.</li><li>Simulate various scenarios to assess the impact of changes in the economic environment and provide recommendations based on potential stress scenarios.</li><li>Ensure adherence to financial regulations and solvency requirements.</li><li>Provide detailed risk reports for internal stakeholders and regulatory bodies.</li><li>Collaborate with Investment and Treasury about asset allocation and the matching and hedging of cash flows and duration.</li><li>Collaborate with the Financial Risk Market Risk team to manage risk appetite and risk limits.</li><li>Collaborate with the Risk Modelling team for continuous development of the internal model based on your daily usage experience.</li></ul>Qualifications<ul><li>Qualified Actuary (SAV, DAV, IFoA) or equivalent qualification and experience.</li><li>Practical experience in using Internal Models (SST, Solvency II, or Basel) for Market and Credit Risk Analysis.</li><li>10 years of experience in Asset Liability Management, preferably in Life &amp; Health insurance or Reinsurance.</li><li>Proficiency in MS Office and coding (preferred Python).</li><li>Experienced project leader in an agile, multinational, cross-functional environment.</li><li>Excellent communication skills and fluent in English.</li></ul>About usAs a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art &amp; Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.Working at SCOR means engaging with some of the best minds in the industry – actuaries, data scientists, underwriters, risk modelers, engineers, and many others – as we work together to find solutions to pressing challenges facing societies.SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.

Are you looking for a new venture at the heart of Swiss Re's accounting and reporting framework? Do you love to work in an intellectually stimulating, interdisciplinary, and international environment? Are you passionate about working on a wide range of interesting and challenging topics embedded in a high-performing team? If yes, find out more about our open position within the Local IFRS Accounting & Project Management team!About the RoleWe are seeking a motivated individual to join the Local IFRS Accounting & Project Management team. This role offers the opportunity to gain hands-on experience with IFRS 17, RCP and be part of the FPSL implementation which will shape the future financial accounting and reporting operating model.As a Senior IFRS Actuarial Analyst working on the local IFRS 17 RCP accounting and closing, you will work with a multidisciplinary team consisting of Accounting and Actuarial Business Experts, Business Analysts and Developers. The team will be responsible for the RCP execution, producing technical results, and substantiating calculations within RCP, including technically validating these calculations.Additionally, the team will assist local entities with the review and close process. You will contribute to the success of this key process within the Finance department and interact with the delegated authorities.Key responsibilities include:<ul><li>Contribute to local IFRS deliveries to local teams, and support them throughout the delivery process.</li><li>Support the technical review of the local IFRS results.</li><li>Provide technical valuation expertise and support.</li><li>Support end-to-end integration testing in the new RCP environment for IFRS 17 Local runs.</li><li>Implementation and testing of the business requirements for local IFRS in FPSL.</li><li>Work closely with other functions, including Risk Management Actuarial, Local Finance, FP&A, IT, etc.</li></ul>About the TeamThe Local IFRS Accounting & Project Management team in the Global Finance Operations & Transformation department oversees and performs the local IFRS calculation engine (RCP) accounting and closing tasks for IFRS 17 and provides support for the local audits of all local IFRS filers.We are a high-performing team with 10 team members located in Bratislava, Singapore and Zurich. We work in a friendly, collaborative, and lively team environment. A position in our team gives you a wide range of opportunities to expand your understanding of the accounting and economics of the Reinsurance business, and the operation of the quarterly closing.About You<ul><li>University degree, strong preference qualified Actuary with 5 years' experience in similar positions within Finance or Risk Management.</li><li>Deep knowledge of and experience working with IFRS17 financial accounting standards is a strong plus.</li><li>Ability to handle both conceptual and practical challenges.</li><li>Curious, open-minded, passionate self-starter who takes initiatives.</li><li>Teamwork – Ability to build working relationships across technical fields and effectively collaborate across various functions.</li><li>Capable of managing a personal workload amid multiple priorities, pressure and tight deadlines.</li><li>Proactive and able to demonstrate keen enthusiasm in learning and developing existing knowledge.</li><li>Strong and effective communication skills, including being capable of presenting results to/discussing results with interested internal parties and senior partners.</li><li>Excellent oral and written English skills.</li></ul>For Switzerland, the base salary range for this position is between 98,000 and 146,000 CHF (for a full-time role). The specific salary offered considers:<ul><li>the requirements, scope, complexity and responsibilities of the role.</li><li>the applicant's own profile including education/qualifications, expertise, specialisation, skills and experience.</li></ul>In addition to your base salary, Swiss Re offers an attractive performance-based variable compensation component, designed to recognise your achievements. Further you will enjoy a variety of global and location specific benefits.Eligibility may vary depending on the terms of Swiss Re policies and your employment contract.About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics.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.

Job DescriptionAs a Reinsurance Pricing Actuary at SCOR, you’ll collaborate closely with underwriting teams. Your primary focus will be on assessing risk for reinsurance contracts across various markets.You’ll provide structural advice, technical support, and innovative ideas to enhance pricing methodology. Regularly reviewing pricing adequacy, you’ll take action to improve it when necessary.Additionally, you’ll develop line-of-business-specific pricing apps and contribute pricing analytics insights. Your expertise in statistical computing (Python), machine learning models, and clear communication will be essential.Responsibilities<ul><li>Secure understanding of risk through unbiased, technical risk assessment of reinsurance across assigned markets. Give structural advice, provide technical support, and contribute with new ideas.</li><li>Strengthen pricing excellence by continuously enhancing pricing methodology for designated lines of business.</li><li>Regularly review pricing adequacy of all assigned portfolios through suitable pricing intelligence standards. Initiate actions to improve pricing adequacy, if necessary.</li><li>Establish advanced line-of-business-specific pricing apps (if relevant), supplementary to standard corporate pricing tools.</li><li>Contribute to client meetings with pricing analytics insights and represent SCOR at industry events.</li></ul>Qualifications<ul><li>In-depth reinsurance pricing experience gained through three to five years of pricing activities at a global reinsurer. Pricing experience in various lines of business.</li><li>Strong programming skills in Python and statistical computing. Experience applying machine learning models in actuarial or insurance contexts is highly desirable.</li><li>Clear communicator. Ability to take complex methods, analysis, and ideas and communicate effectively to a broad variety of stakeholders.</li><li>Able to withstand pressure and to complete tasks within deadlines. Brings a positive attitude to address challenges.</li><li>Fully qualified actuary in a globally recognized actuarial body.</li><li>Ideally exposure to working in multiple geographies.</li><li>Studies in actuarial science or equivalent.</li></ul>About UsAs a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk.Working at SCOR means engaging with some of the best minds in the industry – actuaries, data scientists, underwriters, risk modelers, engineers, and many others – as we work together to find solutions to pressing challenges facing societies.As an international company, our common culture is defined by “The SCOR Way.” Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values: we care about clients, people, and societies; we perform with integrity; we act with courage; we encourage open minds; and we thrive through collaboration.SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.

Are you a student or recent graduate? Do you have a technical background and are you looking for an excellent opportunity to acquire first job experience? Are you passionate about contributing to the success of a highly motivated, multi-cultural team of insurance specialists?We are seeking a technical student with strong programming skills and an interest in (re)insurance to support the actuarial reserving team based in Zurich.Duration of internship: 4-6 months, starting as soon as possible!About the RoleIn this role, you will:<ul><li>Support the automation of process flows, mainly by developing program codes based on statistical software R and Microsoft Power BI</li><li>Support the team in quarterly estimation of P&C insurance portfolio reserves</li><li>Support the development and production of deep-dive analyses and statistics</li><li>Contribute to other ad hoc analyses and tasks to support the members of the team</li><li>Support the team in project works</li></ul>About the TeamThe Zurich actuarial reserving team consists of actuaries and data scientists with diverse cultural backgrounds. We value a good team and collaborative spirit. We frequently interact with many stakeholders from different functions. Therefore, we value strong communication skills on top of technical expertise.About You<ul><li>Student or recent graduate with a technical background such as mathematics, actuarial science, physics, or other quantitative subjects</li><li>Broad experience with developing program codes using R or Python</li><li>Experience with tools such as Microsoft Power BI or Tableau (nice to have)</li><li>Strong quantitative and analytical skills</li><li>Independent thinker who works well in a team setting</li><li>Fluent in English</li></ul>Due to immigration regulations, non-EU/EFTA and UK citizens must provide a certificate from a Swiss university confirming that an internship is integral to their course of study. Kindly submit the mandatory letter from your University with your application documents.We are looking forward to receiving your application - good luck!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.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.Keywords:Reference Code:132870

Are you eager to kick-start your career at the heart of Swiss Re's finance department? Do you thrive in an intellectually stimulating, interdisciplinary, and international environment? Are you passionate about tackling a diverse range of challenging topics in finance? If so, this position is perfect for you!Join our team and contribute to the heart of our finance operations, where your skills and passion will be valued and nurtured.We are looking for young professionals with strong interpersonal skills, who are eager to learn, broaden their knowledge and expertise, and want to make a difference.About the RoleWe are seeking a highly motivated Finance Valuation Analyst to join our Centre of Excellence (CoE) Valuations team within Group Finance Operations & Transformation. The CoE Valuations team is the knowledge powerhouse within the finance operations team for any questions around financial reporting (IFRS, Swiss Solvency Test - SST, Solvency II) for P&C, L&H, as well as investments. In this role, you will have the opportunity to gain in-depth knowledge of the IFRS framework and components, which is the basis for steering the company, including planning, pricing, reserving, and asset liability management (ALM).Key responsibilities:<ul><li>Supporting the GFO&T Center of Excellence (CoE) Valuations team in its role as the primary contact point for internal stakeholders on IFRS and SST financial reporting matters, providing expert guidance and support.</li><li>Reviewing and ensuring accurate implementation of the IFRS and SST standards in our financial systems.</li><li>Collaborating with cross-functional teams and contributing to global projects, enhancing the effectiveness of our financial operations.</li><li>Supporting the IFRS and SST accounting production teams during peak times and assisting the accounting production of large and complex transactions.</li></ul>About the TeamGlobal Finance Operations & Transformation (GFO&T) is the unit responsible for the accounting and reporting of accurate and consistent financial information for Swiss Re for external reporting and internal analysis facilitating strategic decision-making. This includes IFRS for Group as well as statutory financial information for all Swiss Re legal entities, including SST and Solvency II. GFO&T spearheads the transformation of Global Finance, streamlining it towards a simpler, more effective forward-looking organisation.About YouYou possess strong analytical skills with a keen interest in financial or actuarial concepts. You demonstrate strong personal accountability and are passionate about the (re)insurance business, economics, and financial markets. Your ability to see both the details and the bigger picture sets you apart.Essentials:<ul><li>University degree in Economics, Finance, Actuarial Science or a related field.</li><li>Excellent communication and interpersonal skills, enabling effective collaboration.</li><li>A curious, flexible approach to problem-solving.</li><li>A proactive team player who contributes positively to team dynamics.</li><li>Self-assured and articulate, with the confidence to communicate effectively in both one-on-one and group settings.</li><li>Excellent command of English (spoken and written).</li></ul>We are looking forward to your application!We provide feedback to all candidates. If you have not heard back from us, please check your spam folder.About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. 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.

Responsibilities<ul><li>Secure understanding of risk through unbiased, technical risk assessment of structured (re)insurance solutions, both prospective and retrospective. Supports the actuarial pricing and cash flow modelling of Alternative Solution business. Give structural advice, provide technical support, and contribute with new ideas.</li><li>Reach out and collaborate with pricing actuaries globally, who typically assess standard reinsurance structures with same underlying exposure.</li><li>Strengthen pricing excellence by continuously enhancing pricing methodology for structured reinsurance.</li><li>Establish advanced pricing apps for structured reinsurance, supplementary to standard corporate pricing tools.</li></ul>Qualifications<ul><li>In-depth reinsurance pricing experience gained through at least three years of pricing activities at a global reinsurer. Pricing experience in various lines of business. Ideally experience in pricing structured reinsurance.</li><li>Profound expertise in a statistical computing language like Python or R, accompanied with solid programming experience. Experience in applying machine learning models, ideally within actuarial contexts.</li><li>Clear communicator. Ability to take complex methods, analysis and ideas and communicate effectively to a broad variety of stakeholders.</li><li>Able to withstand pressure and to complete tasks within deadlines. Brings positive attitude to address challenges.</li><li>Fully qualified actuary in a globally recognized actuarial body.</li><li>Ideally exposure of working in multiple geographies.</li></ul>Required Education<ul><li>Master Degree in Actuarial Science, Mathematics or equivalent</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.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.

City

Experience

Hide closed jobs

Investment Actuary Jobs and Actuarial Careers in the Investment Sector