In-Force Structuring Actuary

1 month ago


Bangalore, India Swiss Re Full time
You are a creative thinker seeking an exciting opportunity to contribute to Life & Health Re's In-Force Optimisation (IFO) initiatives. Your leadership in the global expansion of IFO will be demonstrated as you leverage your product knowledge to help design and execute on actions that will transform the global life and health balance sheet.

About the Role

You will be responsible for networking with regional experts to develop and execute specific management actions that enhance the overall performance of Life & Health Re's in-force book of business.

Key responsibilities:
  • Synthesize the knowledge gathered through professional networking to develop a pipeline of prospective actions that will assist in achieving the IFO 5-year Ambition, and advance the pipeline forward into executable transactions.
  • Partner with Regional Portfolio Steering & Monitoring teams (PSM) as well as key individuals within the Marketing Unit(s) via Smart Circle participation to identify regional & MU needs.
  • Collaborate with regional actuarial management teams to glean country-specific insights that could provide direct transactional and/or in-force solution opportunities.
  • Engage with Finance colleagues to understand the levers within the IFRS reporting framework and characteristics of the existing balance sheet so the financial impacts of any management action is identified early in the process.
  • Assist in Life & Health Re's retrocession plans; working closely with Alternative Capital Partners (ACP) as needed.


About the Team

You will be the primary point of contact for key stakeholders within the region regarding IFO in-force structuring initiatives. The position reports directly to the Head of In-Force Structuring and will partner with other IFO resources within the region.

About You

You are a naturally inquisitive person who is self-motivated to engage with others in the quest for information. Your passion to perform is motivated by investigating sub-optimal financial positions and developing innovative tactics to mitigate/resolve these inefficiencies.

Essentials
  • Excellent knowledge of the life & health products within the region, especially profitability drivers and risk profiles, obtained via direct experience in costing, actuarial management, or similar roles.
  • Keen aptitude of decision making through analytical assessment along with professional judgment.
  • Must be able to concisely communicate a management action to key stakeholders. Furthermore, needs to routinely engage with peers throughout the organization via strong verbal and written communication abilities.
  • Strong organization skills, able to prioritize multiple concurrent projects.


Nice to haves
  • In-depth knowledge of the various local actuarial valuation requirements for our clients, by country.
  • Familiarity with general IFRS-17 mechanics; impact assessments.
  • Experience leading cross-functional teams in implementation of management actions.


About Swiss Re

Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. 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.

Keywords:
Reference Code: 129279

  • Bangalore, India Swiss Re Full time

    About the Role: To support Life & Health Pricing Office APAX in regional projects and initiatives; as well as providing support for other teams around the Asia region.Major responsibilities: Point of contact for governance queries from the market teams, other governance tasks such as updating Asia Costing and Pricing sta Regional Terms of Trade (ToT)...


  • Bangalore, India Swiss Re Full time

    About the Role: To support Life & Health Pricing Office APAX in regional projects and initiatives; as well as providing support for other teams around the Asia region.Major responsibilities: Point of contact for governance queries from the market teams, other governance tasks such as updating Asia Costing and Pricing sta Regional Terms of Trade (ToT)...

  • Senior Civil

    1 day ago


    bangalore, India WSP in India Full time

    Senior Civil & Structural Engineer (Energy) In today’s world it’s important to work for a company that has clear purpose, giving back to communities and supporting what is truly important in the world. When considering a career move its vital to work for a business that is aligned to your values and goals, a place where you can belong. See what WSP...

  • Senior Civil

    1 day ago


    Bangalore Metropolitan Area, India WSP in India Full time

    Senior Civil & Structural Engineer (Energy)In today’s world it’s important to work for a company that has clear purpose, giving back to communities and supporting what is truly important in the world.When considering a career move its vital to work for a business that is aligned to your values and goals, a place where you can belong. See what WSP stands...


  • bangalore, India Lilly Full time

    We’re looking for people who are determined to make life better for people around the world. At Lilly, we believe in the talent of our workforce. One of the best ways to utilize and develop that talent is to use our existing workforce to fill new and/or open positions. If you are looking for a new position within Lilly, you can view and apply to open...

  • Senior Java Developer

    3 weeks ago


    bangalore, India Varite India Full time

    Job Description : We are seeking a highly skilled Senior Java Developer with 5-10 years of experience to join our dynamic team. The ideal candidate should possess a strong foundation in Java development, with a focus on product development, microservices architecture, data structures, algorithms, and system : - Develop and maintain high-quality Java...

  • Senior Java Developer

    4 weeks ago


    Bangalore, India Varite India Full time

    Job Description : We are seeking a highly skilled Senior Java Developer with 5-10 years of experience to join our dynamic team. The ideal candidate should possess a strong foundation in Java development, with a focus on product development, microservices architecture, data structures, algorithms, and system : - Develop and maintain high-quality Java...


  • bangalore, India Trane Technologies Full time

    : The Sales Force Effectiveness (SFE) Senior Strategy Lead will be responsible for the development of territory attribution and allocation models, sales target attribution and allocations, and compensation elements that leverage the territories and sales targets.   The Lead will be responsible for conducting modeling of the...


  • bangalore, India Lilly Full time

    We’re looking for people who are determined to make life better for people around the world. At Lilly, we believe in the talent of our workforce. One of the best ways to utilize and develop that talent is to use our existing workforce to fill new and/or open positions. If you are looking for a new position within Lilly, you can view and apply to open...


  • bangalore, India AECOM Full time

    Job DescriptionRefers to the field of engineering dealing with the analysis and design of structures that support or resist loads. Commonly involved in the design of buildings and large nonbuilding structures, but can also be involved in the design of machinery, medical equipment, vehicles or any item where structural integrity affects the function or safety...

  • AXIS Migration Lead

    1 month ago


    Bangalore, India Swiss Re Full time

    About the RoleYour job will include: Drive the efficient migration and/or development of AXIS models within the agreed time frames. Drive the growth and development of MCoE team members as highly skilled modellers. Provide support to wider MCoE team members via knowledge sharing and mentoring. Guide and challenge the technical development of the AXIS...

  • AXIS Migration Lead

    1 month ago


    bangalore, India Swiss Re Full time

    About the Role Your job will include: Drive the efficient migration and/or development of AXIS models within the agreed time frames. Drive the growth and development of MCoE team members as highly skilled modellers. Provide support to wider MCoE team members via knowledge sharing and mentoring. Guide and challenge the technical...


  • bangalore, India Boeing Full time

    Description Qualifications: Boeing is the world’s largest (Per Boeing LinkedIn page) aerospace company and a leading provider of commercial airplanes, defense, space, and security systems, and global services. Building on a legacy of over a century of innovation and leadership, Boeing continues to lead the way in technology and innovation,...


  • bangalore, India Boeing Full time

    Description Qualifications: Boeing is the world’s largest (Per Boeing LinkedIn page) aerospace company and a leading provider of commercial airplanes, defense, space, and security systems, and global services. Building on a legacy of over a century of innovation and leadership, Boeing continues to lead the way in technology and innovation,...


  • bangalore, India Equiniti India Full time

    About EquinitiEquiniti is a leading international provider of shareholder, pension, remediation, and credit technology. With over 6000 employees, it supports 37 million people in 120 countries.EQ India began its operations in 2014 as a Global India Captive Centre for Equiniti, a leading fintech company specialising in shareholder management. Within a decade,...


  • bangalore, India The Boeing Company Full time

    Job Description At Boeing, we innovate and collaborate to make the world a better place. From the seabed to outer space, you can contribute to work that matters with a company where diversity, equity and inclusion are shared values. We’re committed to fostering an environment for every teammate that’s welcoming, respectful and inclusive, with great...


  • bangalore, India Swiss Re Full time

    About the Role In this role you will focus on all Swiss Re's global Life & Health Financial Lines, which consists of variable annuities; products with remote insurance risks; as well as other products with exposure to financial market risks. The inforce portfolio is written across various markets around the world and Swiss Re has significant...


  • bangalore, India Boeing Full time

    Description Qualifications: Boeing is the world’s largest (Per Boeing LinkedIn page) aerospace company and a leading provider of commercial airplanes, defense, space, and security systems, and global services. Building on a legacy of over a century of innovation and leadership, Boeing continues to lead the way in technology and innovation,...


  • bangalore, India White Force Full time

    Job Description: Area of work: SV UVM regression management.o Expected skills: People who has deep understanding about Unix/Linux shell scripting, automation in creating required directory structure. Python or TC/Tk scripting knowledge is must. We are looking for 2 to 3 people with 5 to 7 years of experience in this area.


  • bangalore, India Equiniti India Full time

    About Equiniti Equiniti is a leading international provider of shareholder, pension, remediation, and credit technology. With over 6000 employees, it supports 37 million people in 120 countries. EQ India began its operations in 2014 as a Global India Captive Centre for Equiniti, a leading fintech company specialising in shareholder management. Within a...