Senior Corporate Actuarial Analyst

1 month ago


Bangalore, India Swiss Re Full time
Corporate Title: Senior Corporate Actuarial Analyst

Division: BOU-CUO P&C Reinsurance (54001146)

Department: BOUE-UW Excellence (54001161)

About Swiss Re

The Swiss Re Group 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. It anticipates and manages risk - from natural catastrophes to climate change, from ageing populations to cybercrime. The Swiss Re Group is organized into three Business Units, each with a distinct strategy and set of objectives contributing to the Group's overall mission.

About the Team

We are Group Costing Methods (GCM) team within Underwiring Excellence and are responsible for the definition and improvement of Costing methods, review, calibration and deployment of costing parameters. We are a highly collaborative, knowledgeable team with costing expertise across lines of business. Team is currently mainly spread across Zurich and Bengaluru. We have mandate to advice on underwriting decisions and maintain a holistic costing framework for new business and data driven insights across the organization.

About the role

We are looking for a self-driven team member, with a strong numerical and academic background and good overview of (re)insurance business to join the Group Costing department in Bengaluru.

The role is primarily focused on Costing Parameters, with a specific emphasis on impacting daily decision-making in Underwriting. We advise on major underwriting decisions and further their implementation in costing new business. Furthermore, we advise on how Swiss Re's capital can be allocated to the most promising underwriting risk pools. You will work closely with the Costing Economic Model team as well as GCM's IT teams as well as diverse BU or Group functions across Underwriting, Finance and Risk Management. Our responsibilities also are:
  • Definition of the costing methodology, including the review, calibration and deployment of costing parameters
  • Improvement of costing infrastructure
  • Support teams from around the organization by answering / clarifying ad hoc analytical / actuarial requests
  • Implement parameters in an auditable way
  • Maintain up-to-date documentation on process, input, output and sign-offs
  • Understanding and enhancements of Data structure
  • Proactive stakeholder management


The position involves performing quantitative analyses on portfolio data and complementing them with expert judgment. In the role you will leverage on our sophisticated tools and systems landscape as well as underwriting and market knowledge; you will contribute to assure the sustainable performance and the continuous enhancement of our technological infrastructure. The corporate title of the position will be AVP.

About You
  • University degree with a very strong quantitative background e.g., covering modelling and advanced data analysis.
  • 3-4 years of modelling and project management experience in (re) insurance.
  • Ability to read the big picture behind the data.
  • Be able to drive projects and deputize product owner - Experience in working with IT teams and writing specifications is an advantage.
  • Solid understanding of Python, R, SQL is advantageous.
  • Strong communication skill: you naturally bring individuals together in an interdisciplinary, multi-cultural environment and cross-functional teams.
  • Open and curious to learn more, quick-minded, creative, ambitious status quo & navigates ambiguity.
  • Self-starter who is methodical and well-organized. Highly acted, upbeat, proficient and reliable
  • Pragmatic in balancing ideas' origination and results' orientation with strong problem-solving skills.
  • Strong team player with a high degree of personal accountability
  • Comfortable with working in a multi-location team


Languages: proficient in English (written and spoken)

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: 128351

  • bangalore, India AXA Group Full time

    Senior Analyst, Corporate Actuarial Bangalore, Karnataka India Work closely with the actuarial team and take part in various analytical projects. The team conceptualizes designs and develops innovative MI (management information) reports for senior management. Ownership of data for any analysis lies with the team; so the team members are extremely...


  • Bangalore, India AXA XL Full time

    Senior Analyst, Corporate Actuarial Bangalore, Karnataka India Work closely with the actuarial team and take part in various analytical projects. The team conceptualizes designs and develops innovative MI (management information) reports for senior management. Ownership of data for any analysis lies with the team; so the team members are extremely...


  • Bangalore, India Swiss Re Full time

    About the Role: Exciting opportunity to be part of a diverse team involved in supporting Automated Valuation Analytics. Work closely with our Regional actuarial teams, L&H IT team and other stakeholders to set up a new interface for continuous Close process Working on design and requirements for new analytics platform for Actuarial L&H Valuations and then...


  • Bangalore, India KPMG Full time

    Job DescriptionWe are recruiting a Life Actuarial Analyst in the Actuarial Services team. The responsibilities of Analyst will include:Primary ResponsibilitiesActuarial Audits: Audit of the client's half-yearly and yearly valuation systems for true and fair view.• Solvency II [Assumptions, methodology, controls and results including Technical provisions,...


  • bangalore, India Swiss Re Full time

    About the Role Quarterly reserves analysis for Americas P&C business. Work on end-to-end reserving for designated lines of business and gain insights into the underlying business and markets. Reporting of quarterly results to senior management and the Reserve Committee Estimation of payment patterns Preparation of materials in respect of...


  • Bangalore, India Swiss Re Full time

    About ASIA TeamAsia L&H Valuation team in Bangalore majority supports in valuation and modelling of pertaining to different regions where we operate in. Team also supports on various Business valuation and landscape migration projects. The team currently have close to 35 resources supporting different market/ project streams.Position objectives and position...


  • Bangalore, India Swiss Re Full time

    About the Role Quarterly reserves analysis for Americas P&C business. Work on end-to-end reserving for designated lines of business and gain insights into the underlying business and markets. Reporting of quarterly results to senior management and the Reserve Committee Estimation of payment patterns Preparation of materials in respect of statutory reporting...


  • bangalore, India Swiss Re Full time

    About th Role Deliver quarterly valuation results for APAC business to the relevant Reporting Actuaries through L&H valuation systems. Ownership of other reserving tasks such as IFRS17, capital calculations, assumption setting/ testing, Sensitivities etc. Perform end to end functional testing, process (setting up the runs to analyzing the numbers) to...


  • Bangalore, India Swiss Re Full time

    About th Role Deliver quarterly valuation results for APAC business to the relevant Reporting Actuaries through L&H valuation systems. Ownership of other reserving tasks such as IFRS17, capital calculations, assumption setting/ testing, Sensitivities etc. Perform end to end functional testing, process (setting up the runs to analyzing the numbers) to support...


  • Bangalore, India Swiss Re Full time

    About the Role Support the ANZ L&H Valuation team in conducting regular valuation/reserving related activities every quarter. Main tasks/activities/responsibilities (in brief statements describe the main accountabilities of the job and specify responsibilities) Some of the key responsibility will be : Deliver quarterly valuation results for ANZ business to...


  • Bangalore, India Swiss Re Full time

    About the TeamPart of pricing & underwriting services team with around 80+ members between Actuarial and Underwriting teams located in Bangalore. This role will be supporting Southeast Asia and India markets (SEAI) for reinsurance pricing - actuarial and experience studies(ES).Objective of RoleTo support the SEAI Pricing teams, by providing technical...


  • bangalore, India Swiss Re Full time

    About the Team Part of pricing & underwriting services team with around 80+ members between Actuarial and Underwriting teams located in Bangalore. This role will be supporting Southeast Asia and India markets (SEAI) for reinsurance pricing - actuarial and experience studies(ES). Objective of Role To support the SEAI Pricing...


  • Bangalore, India Swiss Re Full time

    Position objectives and position summary (short and precise definition of most important activities) The L&H Pricing & Contracts (LHPC) is a global team with employees located in at least 14 cities around the world, responsible for defining L&H risk appetite, review of large and unusual transactions, pricing tools, methodology and governance, new business...


  • BANGALORE EAST, India AXA Group Full time

    · Ownership of end-to-end data required for all actuarial analysis along with audit & and control checks.· Perform reconciliations between actuarial and finance ledger numbers and report on the results of these reconciliations as part of the quarter-close process.· Oversee the development and maintenance of complex data mappings that impact actuarial and...


  • 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...


  • 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

    Position objectives and position summary : An exciting opportunity to be part of the team driving changes to the analytics process for the corporate actuarial function in L&H Risk Management. Your role will involve implementation of the design, development, and testing of enabling tools for IFRS analysis. You will also enhance the efficiency of the...


  • Bangalore, India Swiss Re Full time

    Position objectives and position summary :An exciting opportunity to be part of the team driving changes to the analytics process for the corporate actuarial function in L&H Risk Management. Your role will involve implementation of the design, development, and testing of enabling tools for IFRS analysis. You will also enhance the efficiency of the work...

  • Senior Manager

    1 month ago


    bangalore, India Antal International Full time

    Job Description Experienced Delivery Manager with a demonstrated history of working in the finance actuarial industry (health insurance) Strong operations professional skilled in Corporate FP&A, Financial Analytics, Month End Reporting, Customer Relationship Management (CRM), Pricing Strategy , Reserving and Team Management Preparation of reports on...


  • Bangalore, India Swiss Re Full time

    About the Role:You will be a part of the Actuarial Reserving P&C Re team for Americas in Bangalore and will have the opportunity to apply your technical actuarial, modelling and data analytics skills across a wide variety of activities outlined below. You will have the opportunity for out of the box thinking while working on solutions to a broad range of...