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Marketing ActuaryCompany: Munich ReLocation: Mumbai, IndiaTo facilitate growth of Value Added New Business (VANB) of the allocated clients by assisting in the development of organic growth from existing treaties and supporting the development of profitable new reinsurance opportunities.• To carry out effective portfolio management and profitability of nominated clients’ existing treaties.• To enhance the overall business relationship with nominated current/potential clients.Your Role:<ul><li>Support the development and implementation of new business opportunities for treaty clients and potential clients, focusing strongly on opportunities that will enhance VANB for Munich Re in India.</li><li>Responsible for the overall client relationship for specified clients and work with other MR departments to ensure growth and profit contribution from specific clients.</li><li>Be a Relationship Manager for several clients, identify business development opportunities and facilitate in meeting business targets.</li><li>Support clients in New Business Initiatives: Conduct client workshops to understand client business philosophy and uncover client product-related needs. Thereafter produce product recommendations and capital solutions for clients based on methodical and rigorous analysis.</li><li>Manage existing business: To monitor and manage clients’ treaty business including profitability and risk exposure. Focus on developing organic growth in existing treaties and rehabilitating loss-making treaties.</li><li>Document reinsurance terms in quotation/treaties and facilitate final treaty negotiations.</li><li>Highlight the services and offerings Munich Re can provide and ensure MR is the first choice partner for clients. Coordinate internally effectively to ensure maximum client satisfaction.</li><li>Liaise with regional counterparts to share information and expand service offerings to clients.</li><li>Promote Munich Re and its expertise through initiatives including presentations, seminars, client meetings, publications, and surveys. Build individual and Munich Re India visibility in the market.</li></ul>Your Profile:<ul><li>A graduate degree in a mathematical subject e.g., pure or applied mathematics, statistics, sciences, economics, finance (Essential). Fellow of Institute of Actuaries / Institute or Faculty of Actuaries in the UK or close to qualifying as Actuary from the stated institutes and relevant post-qualification experience (Preferable).</li><li>Excellent written and spoken English are required.</li><li>5+ years of experience in Actuarial and related fields.</li><li>Ability to independently manage interactions with technical actuarial, underwriting, and finance teams and regional stakeholders and external parties.</li><li>Superior interpersonal and time management skills.</li><li>A solutions-based approach with the ability for complex problem solving.</li><li>Strong analytical abilities including mathematical and statistical concepts.</li><li>Strong command of MS Office PowerPoint and Excel required.</li><li>Knowledge of data gathering and manipulation techniques and tools such as Access, SQL.</li><li>Willing to travel as needed.</li><li>Thorough knowledge of products and regulations relating to the Indian insurance industry.</li></ul>About Munich Re:Founded in 1880, Munich Re Group is one of the world’s leading providers of reinsurance, primary insurance, and insurance-related risk solutions. As pioneers in risk assessment, we drive the digital transformation of the global insurance landscape, expanding products and services as new forms of risk emerge.From space rocket launches to cyber-attacks, from high net worth individual life cover to pandemics, we take care of risks, so our clients can take care of their business.Across Asia Pacific, Middle East, and Africa, we operate life and health and non-life reinsurance as well as primary insurance businesses, providing global career development opportunities and prospects to more than 1900 team members in 20 locations.We started supporting clients in the Indian market in 1951 and established our India Branch in Mumbai in 2017 to service the Non-Life and Life reinsurance markets in India, Sri Lanka, and Bangladesh.

Senior Marketing ActuaryCompany: Munich ReLocation: Mumbai, IndiaTo facilitate growth of Value Added New Business (VANB) of the allocated clients by assisting in the development of organic growth from existing treaties and supporting the development of profitable new reinsurance opportunities.To carry out effective portfolio management and profitability of nominated clients’ existing treaties.To enhance the overall business relationship with nominated current/potential clients.Your Role:<ul><li>Support the development and implementation of new business opportunities for treaty clients and potential clients, focusing strongly on opportunities that will enhance VANB for Munich Re in India.</li><li>Responsible for the overall client relationship for specified clients and work with other MR departments to ensure growth and profit contribution from specific clients.</li><li>Be a Relationship Manager for several clients, identify business development opportunities and facilitate in meeting business targets.</li><li>Supporting clients in New Business Initiatives: Conduct client workshops to understand client business philosophy and uncover client product related needs. Thereafter produce product recommendations and capital solutions for clients based on methodical and rigorous analysis.</li><li>Managing existing business: To monitor and manage clients’ treaty business including profitability and risk exposure. Focus on developing organic growth in existing treaties and rehabilitating loss making treaties.</li><li>Document reinsurance terms in quotation/treaties and facilitate final treaty negotiations.</li><li>Highlight the services and offerings Munich Re can provide and ensure MR is first choice partner for clients. Coordinate internally effectively to ensure maximum client satisfaction.</li><li>Liaise with regional counterparts to share information and expand service offerings to clients.</li><li>Promote Munich Re and its expertise through initiatives including presentations, seminars, client meetings, publications and surveys. Build individual and Munich Re India visibility in the market.</li></ul>Your Profile:Education:<ul><li>A graduate degree in mathematical subject e.g. pure or applied mathematics, statistics, sciences, economics, finance (Essential).</li><li>Fellow of Institute of Actuaries / Institute or Faculty of Actuaries in the UK or close to qualifying as Actuary from the stated institutes and relevant post qualification experience (Preferable).</li></ul>Competencies:<ul><li>Excellent written and spoken English are required.</li><li>5+ years of experience in Actuarial and related fields.</li><li>Ability to independently manage interactions with technical actuarial, underwriting and finance teams and regional stakeholders and external parties.</li><li>Superior interpersonal and time management skills.</li><li>A solutions-based approach with the ability for complex problem solving.</li><li>Strong analytical abilities including mathematical and statistical concepts.</li><li>Strong command of MS Office PowerPoint and Excel required.</li><li>Knowledge of data gathering and manipulation techniques and tools such as Access, SQL.</li><li>Willing to travel as needed.</li><li>Thorough knowledge products and regulations relating to Indian insurance industry.</li></ul>About Munich Re:Founded in 1880, Munich Re Group is one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions.As pioneers in risk assessment, we drive the digital transformation of the global insurance landscape, expanding products and services as new forms of risk emerge.Across Asia Pacific, Middle East and Africa, we operate life and health and non-life reinsurance as well as primary insurance businesses, providing global career development opportunities and prospects to more than 1900 team members in 20 locations.We started supporting clients in the Indian market in 1951 and established our India Branch in Mumbai in 2017 to service the Non-Life and Life reinsurance markets in India, Sri Lanka and Bangladesh.

The world isn’t standing still, and neither is Allstate. We’re moving quickly, looking across our businesses and brands and taking bold steps to better serve customers’ evolving needs. That’s why now is an exciting time to join our team. As a leader in a corporation with 83,000 employees and agency force members, you’ll have a hand in transforming not only Allstate but a dynamic industry. You’ll have opportunities to take risks, challenge the status quo and shape the future for the greater good.You’ll do all this in an environment of excellence and the highest ethical standards – a place where values such as integrity, inclusive diversity and accountability are paramount. We empower every employee to lead, drive change and give back where they work and live. Our people are our greatest strength, and we work as one team in service of our customers and communities.Everything we do at Allstate is driven by a shared purpose: to protect people from life’s uncertainties so they can realize their hopes and dreams. For 89 years we’ve thrived by staying a step ahead of whatever’s coming next – to give customers peace of mind no matter what changes they face. We acted with conviction to advocate for seat belts, air bags and graduated driving laws. We help give survivors of domestic violence a voice through financial empowerment. We’ve been an industry leader in pricing sophistication, telematics, digital photo claims and, more recently, device and identity protection. We are the Good Hands. We don’t follow the trends. We set them.Job Summary:The Actuary Director, Commercial role is a remote based leadership position responsible for providing expert actuarial guidance in support of pricing small commercial and middle market auto and BOP lines of business. This role leads a team of managers and analysts to execute highly complex and strategic projects, while leveraging broad functional expertise and knowledge of the business to serve as a subject matter expert across the organization. Responsible for engaging senior leadership to influence business decision related to line(s) and/or geographic areas.Key Responsibilities:<ul><li>Uses best practices to develop and ensure appropriateness of highly complex actuarial/statistical analyses/methodologies used across the organization to influence business decisions while ensuring quality of data used to perform the analyses is appropriate and documentation standards are adhered to</li><li>Collaborates and influences outside business units to drive innovation in products and achieve corporate priorities by providing actuarial thought leadership</li><li>Manages oversight of all talent management for their expanded team including succession planning, compensation, development, bench strength, organizational structure changes, etc.</li><li>Manages teams that plan, implement, and/or contributes on projects that are high complexity and are of large scale using accepted project management standards that cross multi-disciplinary areas</li><li>Develops and executes effective communication strategies of highly complex actuarial and modeling techniques and results to Influence complex business decisions across the organization</li><li>Leads teams in understanding the link between Allstate’s vision and strategies and department initiatives and drives achieving them. Develops department strategies and leads teams through them to help achieve corporate business results.</li><li>Leverages understanding of insurance business, product, markets and regulatory environments to develop and lead pricing/reserving/modeling strategies to influence business decisions across the organization. Acts as a subject matter expert and serves on external panels/forums/rate hearings/provide Statement of Actuarial Opinion</li></ul>Supervisory Responsibilities:This job does have supervisory duties.Preferred Qualifications:Education and Experience<ul><li>10+ years of property and casualty pricing experience</li><li>Bachelor’s degree required – preferably in related field of study such as actuarial science, math/applied math, statistics/applied statistics</li></ul>Certificates, Licenses, Registrations<ul><li>FCAS designation</li></ul>Functional Skills.<ul><li>Commercial lines pricing experience, preferably within auto and BOP. Reserving experience a plus.</li><li>Understanding of telematics (preferable, but not required)</li><li>Demonstrated advanced knowledge in the use and ability to learn a wide variety of tools, data sources and computer applications</li><li>Excellent communication skills, including the ability to present written and verbal interpretations of highly specialized terms and data, to multi-disciplinary groups and all organizational levels</li><li>Advanced experience in leading the development/application of highly complex models as well as evaluating models of many types</li><li>Ability to use and/or instruct others in language usage to achieve results, can be considered a subject matter expert</li><li>Extensive product, price, risk management and insurance regulation knowledge, including professional standards of actuarial/statistical techniques</li><li>Advanced project management skills to independently handle multiple projects of high complexity, that cross multi-disciplinary groups</li><li>Proven management experience required, including ability to train, develop and mentor people leaders</li></ul>Allstate prides itself on offering our employees a robust Total Rewards package which includes base salary. The base range offered for the role is: $165-220K and may vary based on internal equity, and job-related skills, knowledge and experience; among other factors. The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.

Job Purpose:<ul><li>To facilitate growth of Value Added New Business (VANB) of the allocated clients by assisting in the development of organic growth from existing treaties and supporting the development of organic growth from existing treaties and supporting the development of profitable new reinsurance opportunities.</li><li>To carry out effective portfolio management and profitability of nominated clients’ existing treaties.</li><li>To enhance the overall business relationship with nominated current/potential clients</li></ul>Key Responsibilities:<ul><li>Support the development and implementation of new business opportunities for treaty clients and potential clients, focusing strongly on opportunities that will enhance VANB for Munich Re in India.</li><li>Responsible for the overall client relationship for specified clients and work with other MR departments to ensure growth and profit contribution from specific clients</li><li>Be a Relationship Manager for several clients, identify business development opportunities and facilitate in meeting business targets</li><li>Supporting clients in New Business Initiatives: Conduct client workshops to understand client business philosophy and uncover client product related needs. Thereafter produce product recommendations and capital solutions for clients based on methodical and rigorous analysis.</li><li>Managing existing business: To monitor and manage clients’ treaty business including profitability and risk exposure. Focus on developing organic growth in existing treaties and rehabilitating loss making treaties.</li><li>Document reinsurance terms in quotation/treaties and facilitate final treaty negotiations.</li><li>Highlight the services and offerings Munich Re can provide and ensure MR is the first choice partner for clients. Coordinate internally effectively to ensure maximum client satisfaction.</li><li>Liaise with regional counterparts to share information and expand service offerings to clients.</li><li>Promote Munich Re and its expertise through initiatives including presentations, seminars, client meetings, publications, and surveys. Build individual and Munich Re India visibility in the market.</li></ul>Education:<ul><li>A graduate degree in mathematical subject e.g. pure or applied mathematics, statistics, sciences, economics, finance (Essential)</li><li>Fellow of the Institute of Actuaries / Institute or Faculty of Actuaries in the UK or close to qualifying as an Actuary from the stated institutes and relevant post qualification experience (Preferrable)</li></ul>Competencies:<ul><li>Excellent written and spoken English are required</li><li>5+ years of experience in Actuarial and related fields</li><li>Ability to independently manage interactions with technical actuarial, underwriting, and finance teams and regional stakeholders and external parties</li><li>Superior interpersonal and time management skills</li><li>A solutions-based approach with the ability for complex problem-solving</li><li>Strong analytical abilities including mathematical and statistical concepts</li><li>Strong command of MS Office PowerPoint and Excel required</li><li>Knowledge of data gathering and manipulation techniques and tools such as Access, SQL</li><li>Willing to travel as needed</li><li>Thorough knowledge products and regulations relating to the Indian insurance industry</li></ul>About Munich Re:Founded in 1880, Munich Re Group is one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions.As pioneers in risk assessment, we drive the digital transformation of the global insurance landscape, expanding products and services as new forms of risk emerge. From space rocket launches to cyber-attacks, from high net worth individual life cover to pandemics, we take care of risks, so our clients can take care of their business.Across Asia Pacific, Middle East and Africa, we operate life and health and non-life reinsurance as well as primary insurance businesses, providing global career development opportunities and prospects to more than 1900 team members in 20 locations. We started supporting clients in the Indian market in 1951 and established our India Branch in Mumbai in 2017 to service the Non-Life and Life reinsurance markets in India, Sri Lanka and Bangladesh.

About AIGAmerican 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.About the teamOur team of experienced actuaries supports the actuarial pricing, portfolio management and business intelligence duties for accident &amp; health, travel, and warranty &amp; services products across Asia Pacific countries. Our team provides actuarial rate reviews and other analytical support associated with product reviews, product development, new business opportunities, profitability analysis, and client reviews.We leverage internal and external data, along with classical actuarial techniques and predictive modeling to support its mission. Additionally, our team performs deep-dive analytics into portfolio results and trends using a variety of analytical techniques. We collaborate and work closely with Underwriting, Marketing, Operations, Finance and Business Management Team to achieve AIG’s business objectives.About the roleThe Actuarial Manager/Regional Actuary will be a key member in APAC Accident &amp; Health (A&amp;H), Travel and Warranty Pricing and Portfolio Management team (PPM), working closely with regional business, underwriting team and local business units to achieve goals and deliver on strategic initiatives supporting the business. You will be a “go-to” source for help and support because of your deep technical knowledge and expertise. As an experienced team member, you are expected to drive continual improvement and impacting the way that things get done.Key responsibilities<ul><li>Ensure execution of rate level indications, portfolio profitability exercise and rate reviews, using GLM techniques where possible, to be performed throughout the subject countries with high quality and within planned time frame</li><li>Ensure appropriate loss cost assumptions are adopted, expenses are loaded as per global expense guidance and pricing methodologies are actuarially sound and in accordance with global pricing guidance</li><li>Ensure accuracy of quoting and rating systems, working with Regional and Global Underwriters and Actuarial Staff to ensure best practices are followed including appropriate risk loads for catastrophic risk, commissions, expenses, and profit loadings.</li><li>Perform, upon request, peer review for Actuarial work performed both by other Actuarial staff.</li><li>Collaborate with Claims, Finance, Underwriting functions, and Data Analytics and Analysis function to ensure data used for pricing and monitoring is complete, accurate, adequate and timely.</li><li>Support the annual Marketing Allowable review exercise, compute lapse ratios for different segments, and implement the Marketing Allowable in Salesforce.</li><li>Development and production of premium adequacy reports and budget loss ratio estimates for various segments</li><li>Comply with key regulatory and risk management procedures, as well as audit requirements</li></ul>Your profile<ul><li>Bachelor’s Degree or equivalent in Mathematics/Actuarial Science</li><li>Demonstrated work experience in insurance or reinsurance</li><li>Fellow or nearly qualified in a globally recognized actuarial association including but not limited to Casualty Actuarial Society, Society of Actuaries, Institute and Faculty of Actuaries or local Actuarial Governing body</li><li>Significant pricing experience in Personal Line Insurance (relevant pricing experience in A&amp;H, Travel and Warranty Services would be preferred)</li><li>Proven proficiency in actuarial concepts/methodologies with strong analytical and problem-solving skills and thorough understanding of general insurance including underwriting policies, claims handling policies and local legislation</li><li>Excellent communication both written and verbal, presentation, and interpersonal skills</li><li>Ability to manage tight deadlines, priorities, and handle multiple projects concurrently</li><li>Ability to pick up coding, programming languages and database skills (SQL and/or R is preferred)</li><li>Highly motivated, strong attention to details, willingness to learn and adapt in a dynamic and fast changing environment</li></ul>Equal opportunitiesAmerican 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.

This is a 12 month contract position.Responsibilities:<ul><li>Under direct supervision, conduct analyses that adhere to actuarial standards of practice: select appropriate data sources and methods, make assumptions, recognize considerations and develop recommendations.</li><li>Become familiar with data sources and requirements; retrieve and manipulate data.</li><li>Analyse data on premium and claims for experience analysis.</li><li>Develop knowledge of actuarial methodologies by assisting in the creation/revision of actuarial models and tools for automation.</li><li>Assist senior actuaries in activities across pricing, valuation, data analytics and marketing.</li><li>Assist in conducting research.</li><li>Other adhoc tasks.</li></ul>Qualifications:<ul><li>Bachelor’s degree in actuarial science, mathematics, statistics, economics, finance, or related field with a strong quantitative orientation.</li><li>No prior actuarial work experience required. Knowledge of advanced mathematics and statistical concepts is necessary.</li></ul>Skills and Personal Competences:<ul><li>Effective verbal and written communication, time management and organization skills.</li><li>Ability to comprehend actuarial concepts and other advanced statistical concepts.</li><li>Ability to think logically and perform accurate calculations in a timely manner.</li><li>Ability to use personal computer, ppt slides, and Microsoft Office (including visual basic).</li><li>Ability to use Python or SQL preferable.</li><li>Strong problem solving and analytical thinking ability.</li><li>Team player.</li><li>Culturally flexible and sensitive.</li></ul>About us:SCOR, 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. 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.

Offer:Munich Re Specialty Insurance (MRSI) provides extensive, specialty property and casualty insurance solutions to customers through select brokers, Managing General Agents, program administrators, cover holders and insurtech partners. Products include: property, casualty, professional liability and other specialty insurance solutions.Our comprehensive, customized solutions are provided by A+ rated carriers and are tailored to clients’ needs. We offer superior service levels, industry-recognized underwriting and claims expertise and innovative approaches to complex and evolving risks.In this position you will:<ul><li>Support the launch of new products and expand the capabilities of existing products in property, casualty, professional liability, and specialty lines of business.</li><li>Assist in the rebuild of our pricing systems in Python</li><li>Participate in development and update of Actuarial models and databases through formula development, research on methodologies, and collaboration on technical teams.</li><li>Strong understanding and ability to discuss and apply the use of existing &amp; new actuarial concepts/techniques involving exposure adjustments, trend, loss development, exposure rating, et al with some assistance/guidance.</li><li>Identification of data issues requiring specialized actuarial attention</li></ul>Profile:<ul><li>Significant progress toward membership in the Casualty Actuarial Society, as demonstrated by five or more CAS exams.</li><li>Four or more years of experience in insurance pricing, preferably supporting commercial or specialty insurance products.</li><li>Robust understanding of pricing techniques, including ratemaking and predictive modeling.</li><li>Strong interpersonal skills. Ability to influence and negotiate with others and create acceptance for proposals.</li><li>Experience in R, Python, SAS or other statistical software in insurance pricing applications.</li><li>Excellent oral and written communication skills</li></ul>The base salary range anticipated for this position is $104,600 - 153,300, plus opportunity for company bonus based upon a percentage of eligible pay. In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO). The Company is open to considering candidates in Princeton and NYC.About Munich ReFounded in 1917, Munich Reinsurance America, Inc. is one of the largest reinsurers in the United States. Munich Reinsurance America, Inc. has earned the A+ (Superior) financial strength rating from A.M. Best Company - that's among the highest in the industry. Over 1,000 employees serve our clients from our Princeton, New Jersey campus and regional offices throughout the United States.At Munich Re US, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services. We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Join the exciting New Business Analytics team within the Personal Lines Economics State Tactics team, dedicated to driving profitable growth through state-specific new business strategies in the Personal Lines Auto/Homeowners’ lines. In this role, you will play a pivotal role in influencing pricing, underwriting, marketing, and capital strategy through timely and robust analyses and tailored guidance. You will be leading state-level new business indications reviews, guiding and evaluating underwriting initiatives, optimizing channel portfolio, and providing consultation on new program launch rate level. In addition, you will drive the development of innovative actuarial tools to identify untapped opportunities and guide our profitable growth strategy.**This position is able to be remote/hybrid.**Responsibilities:<ul><li>State level reviews of new business indications and adjustments.</li><li>Provide new program consultation and rate calibration, including by-coverage and by-peril recommendations.</li><li>Serve as a subject matter expert on NB strategy and provide guidance to state management partners.</li><li>Develop NB strategy based on profit positions, identify new opportunities, and propose tailored actions to achieve profitable growth in each individual market.</li><li>Understand life time value of a policy and provide state profit guidance to influence state level marketing spend.</li><li>Prepare actuarial research and complex reports and projects present findings and recommendations. </li><li>Provide clear and concise communication of technical actuarial work to technical and non-technical audiences, and on cross functional teams. </li><li>Maintain clear and concise documentation of methods and activities. </li><li>Interact with and provide actuarial technical assistance and information to peers, senior managers, and others within and outside of the organization. </li><li>Mentor, motivate, and train less experienced staff and peers. </li><li>Direct the development of actuarial tools.</li><li>Experience with Personal Lines insurance preferred.</li></ul>Qualifications<ul><li>Bachelor’s degree required; Master’s degree preferred.</li><li>Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) designation preferred or comparable education/designation with relevant experience.</li><li>Minimum 5-7 years relevant experience required.</li><li>Sound knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.</li><li>Advanced communication and interpersonal skills and ability to build relationships and interact effectively with others within and outside the organization.</li><li>Ability to motivate and mentor peers and motivate and train subordinates.</li><li>Advanced computing skills (MS Office Excel, SAS, etc.) with ability to build complex models.</li></ul>

Do you have a passion for understanding how reinsurance can be a key part of our clients' success story? Are you a highly motivated individual looking to utilise your strategic mindset to understand client needs and analyse market drivers? If yes, then Business Development (BD) is looking for a highly motivated talent like you to join the Bangalore based BD team.This exciting opportunity sits within the Reinsurance Business Unit and focuses on originating profitable reinsurance business for Swiss Re.In order to do this, you will need to maintain a relentless focus on understanding client needs today and tomorrow, develop corresponding client solutions, building analytical infrastructure to identify business opportunities and drive innovation. Your line manager and BD colleagues across the globe will support your professional and personal development as you seek to gain in depth knowledge of innovative reinsurance solutions. To transform this origination work into business growth, you will work collaboratively with various functions across Swiss Re, including sales leaders and technical structuring unitsThe opportunity<ul><li>This position requires converting broad knowledge of (re)insurance, corporate finance, regulatory frameworks, consulting, rating agencies and capital markets into business / strategic engagement opportunities for Swiss Re.</li></ul>The candidate will be under the guidance of a Business Development Manager and work in a collaborative team to achieve:<ul><li>In-depth insights into clients' strategies &amp; financial condition utilising publicly available data (e.g. financial statements, research reports, etc) as well as insights from discussions with client managers and market participants and translate them into commercially viable business opportunities</li><li>Identify new market needs in order to generate meaningful reinsurance business opportunities</li><li>Understand how different Swiss Re offerings may affect a client in terms of financial performance, accounting, rating agency, and equity valuation aspects</li><li>Build financial models for individual clients, projecting financial statements to assess the impact of our solutions for the clients</li><li>Produce high quality, replicable analytics &amp; client presentation materials (including, but not limited to, visually attractive and compelling pitch books) of a standard comparable to leading investment banks or management consultants</li><li>Act as dedicated BD support for a defined set of clients; be a trusted advisor / challenger, and support on specific deal teams as needed</li><li>Provide input through a deal lifecycle to ensure solutions meet client objectives</li></ul>The Business Development Team (BD)<ul><li>In BD, we identify new business opportunities and work on strategic reinsurance topics together with our clients. We develop business cases for bespoke reinsurance deals, quantify reinsurance benefits with the help of financial or stochastic models, and support strategic client planning and marketing.</li><li>People in BD have a background in, corporate finance economics, and or actuarial science. We work closely together with sales leaders, structurers, underwriters and other functions. We are a global function and collaborate frequently across locations and regions.</li><li>By joining us, you will gain an in-depth understanding of reinsurance, M&amp;A Insurance and Consulting and its capacity to help our clients to manage their risk and capital position. You will develop solid foundations for a successful career in reinsurance, M&amp;A and Consulting.</li></ul>Abundance of Corporate and Self development benefits incl. but not limited too – onlocation rotation opportunities to other BD and Swiss Re functions, trainings, onshore relocation opportunities for consistent high performers, vertical and horizontal career development potential.RequirementsThe ideal candidate will be able to demonstrate transferrable skills from relevant work / study experience.Technical skills<ul><li>2+ years' experience (for associate), 5+ years (for AVP) in Consulting firms / Top Investment banks tracking Insurance / Re(insurance) - L&amp;H and P&amp;C (re)insurance segments (preferably both).</li><li>Actuarial Experience (Minimum 6 papers cleared ) / Experience in Corporate Finance and / or Equity Research.</li><li>Strong presentation skills.</li><li>Good understanding of primary insurance markets, trends, and products.</li><li>Good combined knowledge of actuarial capital models, corporate finance, accounting, solvency and ratings capital models as well as company valuation driver.</li><li>Analytical (proficient); ability to articulate clearly, ability to prioritize and multitask, adaptable, open-minded, pragmatic, ability to manage expectation of different stakeholders.</li><li>Proficient in&nbsp;Business Intelligence tools/Advanced Excel&nbsp;to prepare insightful dashboards to enable business origination.</li><li>Strong analytical and quantitative skills.</li><li>Fluent command of English, additional language skills advantageous.</li><li>Proficient in Excel, PowerPoint.</li></ul>Soft skills<ul><li>Has a commercial mindset.</li><li>An&nbsp;engaging personality&nbsp;that lives Swiss Re's values.</li><li>Demonstrates&nbsp;strategic vision and agility&nbsp;- ability to think strategically, anticipate future consequences and trends, and incorporate them into a plan with a relentless focus on execution.</li><li>Out of the box thinker; comfortable working on solutions across a broad range of challenges.</li><li>Strong communicator&nbsp;able to present complex information both to technical and non-technical audiences in a confident, simple and concise way.</li><li>Taking initiatives and getting things done&nbsp;- someone who likes to talk enough about what needs to happen but is itching to get the job done.</li><li>Open-minded, outgoing, imaginative, creative, inquisitive, energetic and committed team player.</li><li>Takes pride in and enjoys working with clients as much as with own ideas.</li></ul>Educational requirement<ul><li>Actuary/CFA/MBA from Tier I B-schools with corporate finance experience.</li><li>Bachelor / Post Graduate degree in a quantitative principle in Mathematics / Statistics / Finance / Economics)</li></ul>About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property &amp; Casualty and Life &amp; Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work.

We are looking for an actuarial intern to provide support on non-life consulting projects on research and marketing materials.About MillimanMilliman is one of the world’s largest independent professional services firms. Founded in 1947, the firm provides consulting services to clients in four practice areas: healthcare, life insurance and financial services, employee benefits and pensions, and property and casualty insurance. Today, Milliman has more than 4,600 employees, more than $1.38 billion in annual revenue in 2021, and more than 60 offices worldwide.

Property and Casualty Actuary Jobs and P&C Actuarial Careers