Intern

1 month ago

Bengaluru, Karnataka, India Swiss Re Full time

About The Role:

As Pricing Actuary Intern, you will be responsible to help senior team members in analyzing and quantifying the risk associated with the assigned line of business. You will help to identify drivers to performance and develop methodologies and models and assess their accuracy. You will work with Senior team members and stakeholders to help in building an Actuarial Pricing opinion on the portfolio's expected performance. You must be willing to learn and use actuarial and statistical methods and data science techniques to help develop models and calibrate parameters, helping improve the predictability and accuracy of costing the model. You will have a direct impact in helping steer the profitability of your portfolio and ultimately the overall Business Unit's performance.

About The Team:

The APAC Actuarial Portfolio Management team comprised of a mix of highly experienced members already entrenched in their dedicated product specialization and highly motivated newer members who thrives in a dynamic and fast learning environment This team reports into the Chief Underwriting Officer Standard and is part of Swiss Re Corporate Solutions Actuarial Portfolio Management unit comprising two other regional pricing teams with the same regional mandate of driving costing accuracy for Swiss Re Corporate Solutions

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.

Main responsibilities

Costing Accuracy and Data Analytics

  • Work with senior team members to help build and assess the adequacy of current pricing models.
  • Help and work with senior team members to find trends and patterns in the portfolio to update costing models and parameters, involving:
    • Developing and maintaining costing parameters and tools
    • Model and price single transactions.
  • Willing to learn and use statistical and data science techniques for model improvement.

About You:

Technical skills

  • You have highly developed numerical and analytical skills
  • You have statistical programming skills (e.g. R, Python). Know-how of data science techniques would be an advantage.
  • You have applied these skills using real business data to develop insights and practical solutions.
  • You have a good understanding of applied statistical models and willing to learn actuarial methods related to business processes.
  • You are able to build assumptions, methods and conclusions with focus to evaluate accuracy and uncertainty in models

Personal Skills

  • You are keen to learn and apply advance statistical methods and data science techniques
  • You are motivated to focus executing on delivering high quality results on time
  • You can articulate and communicate your work effectively and be comfortable in presenting your work to senior team members
  • You can work in close collaboration with senior team members

Educational level

  • Pursuing Master's degree in Mathematics, Statistics, Economics or equivalent quantitative/ statistical field.


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. 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: 129549

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