Bangalore

Chicago IL

Hartford CT

London

Pembroke

Saint Paul MN

Singapore

Zurich

Graduate

Part Qualified

Associate

Qualified

Life

Property & Casualty

Reserving

Reporting

Reinsurance

Risk

Systems

Python

Modelling

Data Science

Coding

Motor

Pricing

Tyche

Capital

Consulting

Excel

ReMetrica

Igloo

Marine

MATLAB

About the roleThis position is a promising opportunity to be a part of our Actuarial tools and Analytics function located in Bangalore. Do you bring a strong technical and analytical background and want to further enrich your experience with reinsurance business, underwriting and tool development know-how? If the answer is yes, read on!The role is within the Reinsurance Business Unit in the P&amp;C Centre Cluster which is part of the P&amp;C Tools &amp; Systems. The team is responsible for developing and maintaining the P&amp;C underwriting, costing and pricing tools. We are constantly evolving and developing the underwriting platforms focusing on costing and pricing.Principal Responsibilities<ul><li>Collaborate with the Product owners for large actuarial methods/costing tools and work together in shaping up the strategic landscape development in treaty business</li><li>Take ownership of new actuarial modelling and numerical programming</li><li>Data Analytics and parameter management for major P&amp;C lines of business.</li></ul>About Team:This team is part of distributed P&amp;C Tools and Systems team operating in Zurich, Munich, London, Chicago (Schaumburg) and Bangalore. The key objective of our distributed team is to build and own the major global underwriting, costing and pricing tools to write the property, casualty, Cyber and Special Lines (Aviation, Agriculture, Marine etc.). In addition, the team takes more and more care of the e2e underwriting value chain. We define and implement the strategy for a gradual transformation of the landscape for the underwriting of the future focusing on digitization, automation, transformation and data.<ul><li>Development and productive maintenance of major costing/pricing tools, with the focus on portfolio rating (treaty), and subsequent implementation following reinsurance business needs and requirements in close collaboration with the existing team.</li><li>Building the future tool landscape, with focus on treaty business, considering the full end-to-end underwriting process</li><li>Ensuring operations are implemented according to internal guidelines and standard methodologies</li><li>Providing tool support, knowledge, documentation, training as well as transactional support during peak treaty renewals</li><li>Delivering costing tools, processes and methodology training, particularly with Asia and Australia UW community.</li><li>Supporting development and reviewing local, tactical tools (End Using Applications)</li><li>Ensuring governance process around tool development and actuarial/model reviews</li><li>Ad hoc work within the underwriting and actuarial area, like development of new actuarial models, data analysis, crafting reports, performing business intelligence activities, etc.</li></ul>Skills and Qualifications<ul><li>University degree in Science (Mathematics, Physics, Statistics, Computer Science, Actuarial Science, Engineering.) with solid numerical, mathematical, statistical or similar background</li><li>Job requires handling mathematical business problems. Eager to learn and work in the Reinsurance Domain. Hence Engineering Graduates good in Mathematics/ and or Graduates and masters in Mathematics/Statistics. Good programming skills ( any language C, C++, Java).</li><li>Freshers with Maths/Engineering background apply</li><li>Eager to learn any programming language as required by the job.</li><li>Minimum of 2 to 4 years working experience in Insurance or Reinsurance – preferably with experience in costing/pricing systems</li><li>Experience with programming language like Java, R, C++, C# or similar an advantage</li><li>Flair and experience in designing, specifying, implementing and testing of actuarial functionality in IT systems according to business requirements</li><li>Willingness and ability to achieve a full Actuarial qualification is an advantage but not required</li><li>Product ownership experience for actuarial methods/costing tools will be an advantage</li><li>Capable of understanding and prioritizing business requirements, evaluating different implementation options and translating them into viable IT solutions</li><li>Excellent problem-solving capabilities</li><li>Sound conceptual capabilities and strong analytical skills</li><li>Accomplished interpersonal and communication skills – demonstrates a clear and eloquent standard of written and verbal English communication in a sophisticated environment</li><li>Interested in working in an international, multicultural and complex environment</li><li>Work well in a distributed team with diverse partners spread across the world</li><li>Product Owner or Project management skills and experiences would be an advantage</li></ul>We are an equal opportunity employer, and we value diversity at our company. Our aim is to live visible and invisible diversity – diversity of age, race, ethnicity, nationality, gender, gender identity, sexual orientation, religious beliefs, physical abilities, personalities and experiences – at all levels and in all functions and regions. We also collaborate in a flexible working environment, providing you with a compelling degree of autonomy to decide how, when and where to carry out your task.About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property &amp; Casualty and Life &amp; Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.In Switzerland, Aon includes Aon Reinsurance, Aon Retirement &amp; Investment and Aon Commercial Risk Solutions, Health &amp; Affinity with around 350 employees in Basel, Lugano, Neuch&acirc;tel, Nyon, Wollerau, Zug and Zurich. To strengthen our team in Zurich we are looking for a:About the roleThe Actuarial Consultant works in the multinational team of actuaries on consulting projects in the EMEA region. The main focus is on the support of Aon&rsquo;s insurance brokers with the structuring and placing of complex insurance programs for large multinational clients and on regulatory tasks associated with Aon&rsquo;s non-life captive clients.This role offers a fantastic opportunity to work on and further develop core actuarial competencies connected to structuring and pricing of insurance solutions that help clients manage and optimize their risk financing needs. It will also allow to strengthen the individual actuary&rsquo;s capabilities related to regulatory tasks such are solvency and reserving calculations. Furthermore, the role involves projects for different classes of insurance and for clients from all industries.The Actuarial Consultant works in a multinational team of actuaries in close cooperation with risk financing consultants, captive management specialists and insurance brokers.Key Responsibilities<ul><li>Support Aon&rsquo;s brokers and account executives in the structuring, pricing and analyzing of complex insurance programs of large corporate clients in the EMEA region</li><li>Engage in risk finance consulting projects for Aon clients and provide the necessary quantitative support for the total cost of risk optimization, optimal retention/risk financing structure analysis, risk tolerance and risk appetite modelling, loss forecasting, nat cat modelling, pricing review (second opinion), data analytics for the evaluation for risk improvement measures, pricing and structuring of non-traditional solutions (e.g. parametric covers, Multi-line Multi-year etc.) and other data analytics projects</li><li>Support current captive clients in their regulatory filings in the Swiss (SST) and the European (Solvency II) regulatory solvency regime and the following reporting activities:
 <ul><li>Reserving</li><li>Solvency Calculation and Reporting</li><li>Statement of Actuarial Opinion</li></ul></li><li>Work on new service offerings and business development</li><li>Engages in the training and on-the-job development of other actuaries</li></ul>Requirements<ul><li>Can do-attitude and high level of motivation to deliver results</li><li>4-7 years of work experience</li><li>Qualified or close to becoming a qualified actuary in one of the recognized actuarial bodies or associations</li><li>Have relevant experience in the below subjects:</li><li>Pricing and structuring of standard and non-standard re/insurance contracts for in various lines of business (property, liability, marine, cyber, trade credit etc.)</li><li>Using stochastic modelling tools (Remetrica, Tyche, Igloo) for pricing or capital calculation</li><li>Knowledge of Aon&rsquo;s proprietary Remetrica tool will be considered an asset</li><li>Usage of natural catastrophe models (Impact Forecasting, AIR/Verisk, RMS) or having experience in using results from these Nat Cat models in the pricing and capital calculation as well as insurance limit verification</li><li>Insurance company capital management in Swiss or Solvency II regulatory regime</li><li>Performance of capital and reserving calculations for re/insurance companies</li><li>Master's degree in applied actuarial science, applied mathematics, physics or economics</li><li>Proficiency in the English language is a must; knowledge of German or French will be considered an asset</li></ul>

This position is a promising opportunity to be a part of our Actuarial tools and Analytics function located in Bangalore. Do you bring a strong technical and analytical background and want to further enrich your experience with reinsurance business, underwriting and tool development know-how? If the answer is yes, read on!The role is within the Reinsurance Business Unit in the P&amp;C Centre Cluster which is part of the P&amp;C Tools &amp; Systems. The team is responsible for developing and maintaining the P&amp;C underwriting, costing and pricing tools. We are constantly evolving and developing the underwriting platforms focusing on costing and pricing.Principal Responsibilities<ul><li>Collaborate with the Product owners for large actuarial methods/costing tools and work together in shaping up the strategic landscape development in treaty business</li><li>Take ownership of new actuarial modelling and numerical programming</li><li>Data Analytics and parameter management for major P&amp;C lines of business.</li></ul>About Team:This team is part of distributed P&amp;C Tools and Systems team operating in Zurich, Munich, London, Chicago (Schaumburg) and Bangalore. The key objective of our distributed team is to build and own the major global underwriting, costing and pricing tools to write the property, casualty, Cyber and Special Lines (Aviation, Agriculture, Marine etc.). In addition, the team takes more and more care of the e2e underwriting value chain. We define and implement the strategy for a gradual transformation of the landscape for the underwriting of the future focusing on digitization, automation, transformation and data.<ul><li>Development and productive maintenance of major costing/pricing tools, with the focus on portfolio rating (treaty), and subsequent implementation following reinsurance business needs and requirements in close collaboration with the existing team.</li><li>Building the future tool landscape, with focus on treaty business, considering the full end-to-end underwriting process</li><li>Ensuring operations are implemented according to internal guidelines and standard methodologies</li><li>Providing tool support, knowledge, documentation, training as well as transactional support during peak treaty renewals</li><li>Delivering costing tools, processes and methodology training, particularly with Asia and Australia UW community.</li><li>Supporting development and reviewing local, tactical tools (End Using Applications)</li><li>Ensuring governance process around tool development and actuarial/model reviews</li><li>Ad hoc work within the underwriting and actuarial area, like development of new actuarial models, data analysis, crafting reports, performing business intelligence activities, etc.</li></ul>Skills and Qualifications<ul><li>University degree in Science (Mathematics, Physics, Statistics, Computer Science, Actuarial Science, Engineering.) with solid numerical, mathematical, statistical or similar background</li><li>Minimum of 2 to 4 years working experience in Insurance or Reinsurance – preferably with experience in costing/pricing systems</li><li>Experience with programming language like Java, R, C++, C# or similar an advantage</li><li>Flair and experience in designing, specifying, implementing and testing of actuarial functionality in IT systems according to business requirements</li><li>Willingness and ability to achieve a full Actuarial qualification is an advantage but not required</li><li>Product ownership experience for actuarial methods/costing tools will be an advantage</li><li>Capable of understanding and prioritizing business requirements, evaluating different implementation options and translating them into viable IT solutions</li><li>Excellent problem-solving capabilities</li><li>Sound conceptual capabilities and strong analytical skills</li><li>Accomplished interpersonal and communication skills – demonstrates a clear and eloquent standard of written and verbal English communication in a sophisticated environment</li><li>Interested in working in an international, multicultural and complex environment</li><li>Work well in a distributed team with diverse partners spread across the world</li><li>Product Owner or Project management skills and experiences would be an advantage</li></ul>We are an equal opportunity employer, and we value diversity at our company. Our aim is to live visible and invisible diversity – diversity of age, race, ethnicity, nationality, gender, gender identity, sexual orientation, religious beliefs, physical abilities, personalities and experiences – at all levels and in all functions and regions. We also collaborate in a flexible working environment, providing you with a compelling degree of autonomy to decide how, when and where to carry out your task.About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property &amp; Casualty and Life &amp; Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work.

Who We AreAmerican International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.Get to know the businessValidus Re is part of AIG. We are among the world’s largest and most successful reinsurers specializing in the assumption and management of volatility risk. Validus Re operates from seven offices internationally and provides a broad suite of reinsurance products and services, backed by highly rated capital and specialized local knowledge, in virtually every corner of the world.Key Responsibilities:<ul><li>
 Pricing
 <ul><li>Perform actuarial pricing analysis of individual programs across several lines of business (including but not limited to Property, Specialty and Marine/Energy)</li><li>Assist in the development of new pricing models and make improvements to existing ones.</li><li>Build out and maintain databases for various economic/insurance industry factors indices.</li></ul></li><li>
 Reserving
 <ul><li>Assist reserving actuaries at quarter end with various analysis and reporting requirements as required.</li></ul></li><li>
 Risk Management
 <ul><li>Assist risk management actuary to run various analyses on Validus in-force portfolio for board reporting, retro purchasing, and other uses</li><li>Portfolio optimization and exposure aggregation work</li><li>Gain familiarity with internal economic capital model and assist in development where possible</li></ul></li><li>
 Other duties as required
 </li></ul>Required Skills and Experience:<ul><li>Bachelor’s degree in mathematics, statistics, or related field.</li><li>Minimum 4 years of actuarial experience.</li><li>Progress towards designation from Institute of Actuaries, Casualty Actuarial Society, or similar bodies.</li><li>Proficiency with the Microsoft Office Suite of applications,</li><li>Familiarity with programming, in VBA/Python/R or similar language.</li><li>Proven organizational and timekeeping skills and a strong sense of attention to detail are essential.</li><li>Excellent verbal and written communication skills i.e. a thorough command of the English language including excellent spelling, grammar and punctuation.</li><li>The ability to deal effectively and courteously with clients and colleagues, and to exercise discretion and confidentiality in all matters.</li><li>Ability to manage and complete multiple projects within tight timeframe.</li><li>Ability to work independently with minimum direction.</li><li>Strong attention to details.</li></ul>We are an Equal Opportunity EmployerAmerican International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation.At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

Who we areAmerican International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.Get to know the businessGeneral Insurance is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.As an actuary at AIG, you will be challenged and encouraged to reach your greatest potential. Every day will bring new opportunities to stretch your analytical and problem solving as you improve how we predict and mitigate risk. Our Financial Actuaries are on the frontlines, quantifying risk, pricing insurance and reserving losses for AIG’s major regulated and rated insurance operating companies globally. Portfolio Analytics and Pricing Actuaries support AIG’s businesses and are responsible for technical pricing, product development analytics and performance measurement. They collaborate with Marketing, Operations and Financial Management.About the roleWhat you need to know:The Marine Actuary will be responsible for supporting the Global Marine business, providing pricing analysis and granular performance monitoring.<ul><li>Providing the Global marine Business with the actuarial support they require to profitably grow their business and take remedial action where needed.</li><li>Produce transactional pricing analysis for accounts within agreed timescales, working closely with underwriters.</li><li>Actively involved in technical pricing tool development and enhancements, whilst considering local market requirements.</li><li>In co-ordination with the actuarial pricing team, monitor rates at renewal and new business, ensure technical pricing models are in place and reviewed regularly and that any deviation is justified and monitored.</li><li>Report performance at granular level (account and rating factor) so that underwriters can optimise performance.</li><li>Ensure data used for pricing and monitoring is complete, accurate, adequate and timely.</li><li>Responsible for training and mentoring junior members of staff.</li><li>Comply with key regulatory and risk management procedures.</li><li>Adherence to European and matrix decision making standards within the authorities provided.</li></ul>What we’re looking for:<ul><li>Bachelors degree or equivalent in Mathematics/Actuarial Science</li></ul><ul><li>Student member of an Actuarial Institute well progressed through exams</li><li>Proven proficiency in actuarial pricing concepts/methodologies</li><li>Increasing understanding of general insurance including underwriting policies, claims handling policies and local legislation</li><li>Knowledge of PC and mainframe environments</li><li>Knowledge of  SAS, VBA, R</li></ul><ul><li>Developing ability to communicate actuarial concepts to non-specialists.</li><li>Ability to forge relationships with other areas of the business</li><li>Ability to work under own initiative and show flexibility to meet business needs</li><li>Ability to meet tight deadlines and prioritise own work</li><li>Professional behaviour with high level of integrity</li></ul>A look at our benefitsAt AIG, we have a 100-year legacy of working to make the world a better place.  And that begins with our employees. We’re proud to offer a range of employee benefits and resources that help you protect what matters most – your health care, savings, financial protection, and wellbeing. We provide a variety of leaves for personal, health, family, and military needs. For example, the “Giving Back” program allows you to take up to 16 hours a year to volunteer in your community.We also believe in fostering our employees’ development and offer a range of learning opportunities for employees to hone their professional skills to position themselves for the next steps of their careers. AIG also has a tuition reimbursement program for eligible employees to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.We are an Equal Opportunity EmployerIt has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.A look at our BenefitsWe&#39;re proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection and wellbeing. We provide a variety of leaves for personal, health, family and military needs. For example, our &#34;Giving Back&#34; program allows you to take up to 16 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.We also believe in fostering our colleagues&#39; development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers. We have a tuition reimbursement program for eligible colleagues to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.We are an Equal Opportunity EmployerAmerican International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation.At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.Salary Range: $100,400.00 – $165,700.00In Business Insurance Actuarial and Analytics, we deliver tailored analytics and innovative data science solutions that influence decisions and enable superior results. We have an inclusive culture where everyone feels that they belong, can be authentic, are valued, respected, empowered and part of our success. We see strength in the uniqueness that each of us contributes to creating innovative solutions and improving business outcomes.The Manager, Actuarial and Analytics is an analytic leadership role that encompasses the shared responsibility of project and strategic execution with actuarial, analytic and business partners, in addition to assigned operational assignments which may include reserving, rate-making, pricing, planning/forecasting, project management and research. The individual in this role is expected to be an influential member of project teams, providing analytical insights and recommendations to leadership and Business unit partners.The Manager, Actuarial and Analytics will work on complex assignments requiring specialized knowledge and expertise in breadth and/or depth in one or more of the following areas: Actuarial and/or research methods, advanced statistical analyses, solid business knowledge, line of business knowledge.What Will You Do?The Marine and Boiler Actuarial Product team needs a manager to help the modernization and implementation of product rate plans. This work will include the enhancement of our pricing sophistication, data strategy, and rating technology in Inland Marine, Ocean Marine, and Boiler lines of business. The employee will benefit from supporting multiples lines, seeing a variety of business contexts and applications across unique corners of the insurance marketplace.Responsibilities:<ul><li>Participate in a lead role in the successful execution and completion of assigned strategic initiatives and projects.</li><li>Develop solutions to resolve challenges of an initiative.</li><li>Propose change and innovation in order to improve project team performance and timelines.</li><li>This position will often participate on cross-unit initiatives and may participate on Enterprise initiatives.</li><li>Independently perform actuarial and analytic analyses to solve business problems and apply judgment appropriately.</li><li>Support and drive components of unit initiatives. Begin to support broad department initiatives.</li><li>Take accountability for process efficiencies within assignments.</li><li>Begin to make proposals in accordance with department practices.</li><li>Provide support as necessary for initiatives across the Enterprise within the scope of influence.</li><li>Communicates analysis, project results, and other business initiatives to peers and business partners.</li><li>Communicates technical topics to non-technical audience within the primary working group with guidance from manager.</li><li>Actively participates and may lead group discussions at the unit level.</li><li>Creates formal written communication such as memos or presentations with guidance and peer review.</li><li>Networks and collaborates on ideas and challenges.</li><li>Retention and development of assigned staff.</li><li>Execute and communicate talent development processes, including performance and personal development goals.</li><li>Talent assessment recommendations.</li><li>Performance management.</li><li>Mentor less experienced talent across the Enterprise.</li><li>Onboard new employees and interns in unit.</li><li>Support various training and skill development initiatives across assigned Segment and the Enterprise.</li><li>May provide support for recruiting efforts and candidate talent assessment efforts.</li><li>Perform other duties as assigned.</li></ul>What Will Our Ideal Candidate Have?<ul><li>College degree in STEM related field.</li><li>Associate Actuarial Credential preferred.</li><li>Strong PC skills (MS Office) and programming skills (eg. SQL, SAS).</li><li>4+ years of quantitative analysis experience preferred.</li><li>Strong understanding of insurance products and industry.</li><li>Demonstrated ability in actuarial and quantitative analysis and statistical concepts.</li><li>Demonstrated ability to manage projects.</li></ul>Leadership:<ul><li>Take ownership of assigned projects and meetings, make recommendations and presents results to business partners.</li><li>Proficient in Leading Self, exhibiting self-awareness while also effectively managing ambiguity.</li><li>Initial development of Leading Others, including mentoring/training team members.</li><li>Initial development of Leading the Business, including actively supporting business goals and being a positive member of the Enterprise culture.</li></ul>Business Acumen:<ul><li>Has an in-depth understanding and knowledge of a few basic business drivers and disciplines such as: underwriting, products, reinsurance, distribution, sales, operations, risk control, claim, and financials.</li><li>Able to effectively utilize this business knowledge in developing analytic solutions.</li><li>Has a foundational perspective of the primary industry and developing trends such as: technology, analytic methodology, products and performance of competitors.</li><li>Is familiar with a couple other key business drivers and disciplines.</li></ul>Relationship Management:<ul><li>Proactively build and own professional business relationships across the BI&amp;AA community across the Enterprise.</li><li>Generate and solicit ideas, and begin to build consensus with guidance.</li><li>Aware of potential conflict and begins to addresses with guidance.</li><li>Begin to set and manage expectations with business partners for small projects.</li></ul>Quantitative Analysis:<ul><li>Evaluate and use appropriate data, tools and methods.</li><li>Able to perform analytics independently, can effectively plan next steps within analyses with little oversight.</li><li>May perform technical review of team work product.</li><li>Able to contribute on more complex analytical work with guidance.</li></ul>What is a Must Have?<ul><li>Bachelors Degree or equivalent experience required.</li><li>2 years of experience in quantitative analysis required.</li></ul>What Is in It for You?<ul><li>Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.</li><li>Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.</li><li>Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.</li><li>Wellness Program: The Travelers wellness program is comprised of tools and resources that empower you to achieve your wellness goals. In addition, our Life Balance program provides access to professional counseling services, life coaching and other resources to support your daily life needs. Through Life Balance, you’re eligible for five free

This is an exciting opportunity to support MRSL’s capital modelling processes, including the operation, parameterisation, documentation and validation of the Internal Model.As part of this role, you will take a lead role in enhancing the wider capabilities of the new Tyche model, including business model uses such as risk appetites, reinsurance analyses and return on capital.To be successful in the role, you will have proven experience of developing required IM outputs in order to meet increasing business demands. Specific areas of focus in this role will include risk appetites, capital allocations and return on capital, reinsurance analyses, risk distributions and business scenario analyses. You will be committed to driving forward good Conduct for the business to deliver the best outcomes for our customers / policyholders.Offer:<ul><li>Support the operation of the Tyche Internal Model, including both the parameterisation of the model and the production of the LCR and all other regulatory submissions;</li><li>Develop the required IM outputs for the Tyche model in order to meet increasing business demands. Specific areas of focus include risk appetites, capital allocations and return on capital, reinsurance analyses, risk distributions and business scenario analyses;</li><li>Develop new inputs into the Tyche IM, maintaining consistency with the old Igloo IM where appropriate;</li><li>Maintain IM documentation including detailed model documentation and capital reports;</li><li>Assist with production, checking, explanation and use of IM output within the business to ensure widespread understanding and effective use.</li><li>Support the IM validation process by carrying out validation analyses as requested by the Deputy Actuary, assist with resolution of validation issues identified; and preparation of the primary validation report for the Director of Risk & Compliance;</li><li>Other activities as needed to support the Actuarial Function with other tasks;</li></ul>Profile:<ul><li>3+ years of capital modelling experience, preferably within a Lloyd’s environment.</li><li>Knowledge and understanding of FCA regulations and Lloyd’s requirements.</li><li>Knowledge and understanding of the underlying principles of insurance and reinsurance.</li><li>Highly developed mathematical / statistical knowledge.</li><li>Experience of liaising with external regulators on capital modelling matters, to address queries and resolve any issues arising.</li><li>Knowledge, understanding and practical experience in using of a range of actuarial modelling techniques and applications for financial reporting.</li><li>Current Lloyd’s market knowledge, as well as knowledge of Solvency II and the classes of business written by the Syndicate.</li><li>Experience with automation or modernisation of actuarial processes and outputs.</li><li>Willingness to further increase knowledge of any Capital related matters and key market topics and develop technical and management skills.</li></ul>About us
MRSG UK Services Limited is the employing entity for staff supporting the business activities of Munich Re Syndicate Limited (MRSL), Munich Re Specialty Group Limited (MRSG), Munich Re Specialty Insurance (UK) Limited (MRSI UK), Roanoke International Brokers Limited (RIBL) and Munich Re Digital Partners Limited (DP).As part of Munich Re Specialty Group (MRSG), Munich Re Specialty Insurance (UK) Ltd (MRSI UK) brings together the long-standing and market-leading underwriting and claims expertise of NMU in the UK marine & specialty insurance markets with GrovesJohnWestrup, our UK Private Client proposition for insurance brokers and other intermediaries with clients who have unique and complex risks, as well as GJW Direct, UK‘s Specialist Direct Boat insurer.Additionally, MRSI UK is affiliated with Munich Re Digital Partners Ltd (MRDP) that provides digital distributors a comprehensive go-to-market partnership in the UK and the EU, and Munich Re Risk Solutions Ireland Ltd (MRRSI) offering marine & specialty insurance solutions in Ireland and the EU.As well as operating in the Lloyd’s of London market, we conduct our business via a global network of service companies, with offices located in the UK, Ireland, the United States, Asia, including Hong Kong, Singapore, Labuan and Dubai. We are also represented in Lloyd’s China.Our group of companies provide solutions covering Casualty, Marine & Cargo, Energy & Aerospace, Cyber, Political Violence, Trade Credit and Property, Contingency and Yacht.Known for our dedication to excellence and quality of service provision, we pride ourselves on offering you a great place to work.Munich Re’s employees are the backbone of the Group’s business success. They are the people that drive the business forward and develop new solutions for our clients.Ensuring that we recruit versatile staff is therefore crucial to our future success. Our objective is to make Munich Re the employer of choice for potential employees on the global job market.To help us achieve this goal we offer a competitive salary and a generous and comprehensive benefits package which we regularly review in accordance with external market data, to ensure you are paid fairly and our benefits are tailored to suit your lifestyle. Creating an inclusive environment is a crucial part of the Munich Re culture, and we are committed to our Diversity & Inclusion Policy. We also seek to provide a fair and supportive work environment which provides learning and development opportunities for all.

We have a fantastic opportunity to join a growing and high performing team here at Munich Re Specialty Group.You will support MRSL’s IFRS17 quarterly reporting to Group, ensuring group & local milestones are met to a high standard, as well as, supporting the preparation of reports / memos to IFRS17 Steering Committee, Finance Sub Committee and other stakeholders + support other reserving and reporting processes as needed.You will perform a broad range of actuarial reserving and reporting tasks for Syndicate 457, covering both local (Lloyd’s) and group (Munich) requirements. Help to develop the reporting infrastructure & MI to meet the increasing demands from the business and deliver process automation. Offer:<ul><li>Support the quarterly delivery of data submissions to Group, ensuring that these are prepared on time and to a sufficient data quality, with data validations completed, and meets the requested scope & granularity.</li><li>Support the development and quarterly update of local tools to assist in the validation of the results produced by the Group calculation engines.</li><li>Support the analysis of results and assist in the production of reports / memos to Steering Committee, Finance Sub Committee and other stakeholders.</li><li>Identify data limitations and other gaps in current processes, and support the development team in rectifying these.</li><li>Build strong relationships with Finance and IT to build confidence in the actuarial deliverables, share knowledge, and ensure a joined-up approach across the IFRS17 team.</li><li>Promote the wider understanding of IFRS17 requirements and processes within actuarial, finance and other key staff.</li><li>Assist as needed with reserving tasks for both S457 and S1840.</li><li>Assist as needed with other reporting tasks, including SII TPs and reporting Lloyd’s and Group.</li><li>Help drive forward good Conduct for the business to deliver the best outcomes for customers / policyholders.</li></ul>You are required to comply with the PRA and FCA conduct rules:<ul><li>Acting with honesty and integrity at all times</li><li>Acting at all times with due care, skill and diligence</li><li>Being open and honest with the FCA, the Prudential Regulation Authority (PRA) and all UK regulators at all times</li><li>Always paying due regard to the interests of customers and always treat them honestly and fairly</li><li>Observing proper standards of market conduct at all times</li></ul>Profile:<ul><li>1 - 3years of general insurance reserving / reporting experience, ideally within the Lloyd’s market.</li><li>Knowledge of IFRS17 reporting requirements (not essential).</li><li>Knowledge of other reporting basis, e.g. SII, UK GAAP (not essential).</li><li>Willingness to further increase knowledge of any Reserving and Reporting related matters and key market topics and develop technical and management skills.</li><li>Willingness to work to deadlines and in a dynamic international regulatory environment.</li><li>Interest in automation of actuarial processes to meet accelerated timetables.</li></ul>Competencies for the role:<ul><li>Team orientation</li><li>Communication</li><li>Achievement/results-orientation</li><li>Problem-solving</li><li>Flexibility</li><li>Customer focus</li><li>Planning and prioritising</li><li>Share knowledge</li></ul> MRSG UK Services Limited is the employing entity for staff supporting the business activities of Munich Re Syndicate Limited (MRSL), Munich Re Specialty Group Limited (MRSG), Munich Re Specialty Insurance (UK) Limited (MRSI UK), Roanoke International Brokers Limited (RIBL) and Munich Re Digital Partners Limited (DP).As part of Munich Re Specialty Group (MRSG), Munich Re Specialty Insurance (UK) Ltd (MRSI UK) brings together the long-standing and market-leading underwriting and claims expertise of NMU in the UK marine & specialty insurance markets with GrovesJohnWestrup, our UK Private Client proposition for insurance brokers and other intermediaries with clients who have unique and complex risks, as well as GJW Direct, UK‘s Specialist Direct Boat insurer.Additionally, MRSI UK is affiliated with Munich Re Digital Partners Ltd (MRDP) that provides digital distributors a comprehensive go-to-market partnership in the UK and the EU, and Munich Re Risk Solutions Ireland Ltd (MRRSI) offering marine & specialty insurance solutions in Ireland and the EU.As well as operating in the Lloyd’s of London market, we conduct our business via a global network of service companies, with offices located in the UK, Ireland, the United States, Asia, including Hong Kong, Singapore, Labuan and Dubai. We are also represented in Lloyd’s China.Our group of companies provide solutions covering Casualty, Marine & Cargo, Energy & Aerospace, Cyber, Political Violence, Trade Credit and Property, Contingency and Yacht.Known for our dedication to excellence and quality of service provision, we pride ourselves on offering you a great place to work.Munich Re’s employees are the backbone of the Group’s business success. They are the people that drive the business forward and develop new solutions for our clients.Ensuring that we recruit versatile staff is therefore crucial to our future success. Our objective is to make Munich Re the employer of choice for potential employees on the global job market.To help us achieve this goal we offer a competitive salary and a generous and comprehensive benefits package which we regularly review in accordance with external market data, to ensure you are paid fairly and our benefits are tailored to suit your lifestyle.Creating an inclusive environment is a crucial part of the Munich Re culture, and we are committed to our Diversity & Inclusion Policy. We also seek to provide a fair and supportive work environment which provides learning and development opportunities for all.

<div>Job DescriptionA Pricing Actuary to support our Singapore hub P&amp;C reinsurance business sourced from the APAC region (property, engineering, casualty, marine, credit &amp; surety). The role covers all aspects of pricing, model and pricing tool development, market rate knowledge and benchmark analysis as well as specific deal information working closely with the underwriters.This will be a 6 months contract with a potential to be converted to a permanent roleResponsibilities<ul><li>Pricing of reinsurance transactions and internal retrocession treaties</li><li>Contribution to growth and profitability</li><li>Supervision and peer review the work of actuaries from other offices/platforms within/outside of SCOR who are engaged to support the renewal seasons</li><li>Close collaboration with the underwriting team, including attending and travelling to client and broker meetings</li><li>Pricing, data analytics, and product development services for our clients</li><li>Reports on pricing and expected profitability for the Underwriting department</li><li>Interaction with Reserving to assure that the output of the pricing process is reflected initially in Reserving and included in the management reports</li><li>Development of studies to improve pricing parameters and to evaluate the profitability of various segments of business</li><li>Support of the development of actuarial tools and methods, including data analytics</li><li>Appropriate utilisation of pricing and evaluation tools</li><li>Networking on actuarial subjects, both internal and external</li><li>Support of the cat modelling team in respect of the creation and the update of nat cat models including testing</li></ul>QualificationsExperience:<ul><li>Open to fresh graduates</li><li>Reinsurance treaty experience is a plus</li><li>Good communication skills and experience working with underwriters and clients</li><li>Practical work / programming experience in MS Excel, VBA, SQL, R, Matlab, etc.</li></ul>Personal Competences:<ul><li>Strong pragmatic problem solving capabilities</li><li>Good team spirit, inter-personal competency</li></ul>Required Education <ul><li>University degree in Mathematics or a related discipline with strong focus on maths</li></ul>Duration<ul><li>This will be a 6 months contract with a potential to be converted to a permanent role</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.</div>

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