Corporate Actuarial Analyst

3 weeks ago


Bengaluru, Karnataka, 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 the APAC L&H Valuation Risk Management team.
  • Understand APAC business and work on System Process and Landscape developments, model improvements, data flow automation, IFRS accounting standards implementation etc.
  • Work under multiple reporting regimes: IFRS17, statutory and other local reporting, as well as providing input into the internal risk model and solvency reporting (STAT, IFRS)
  • Work on tight deadlines escalating risk and issues. Discuss issues and potential solutions to the team lead or manager.
  • Document process & controls for Internal & External auditors.
About the Team

We are one of the pioneer team to get into the global valuation processes that Swiss Re has been targeting and involved in end-to-end aspects of Swiss Re APAC reporting. i.e., starting from Data handling until explaining the movements in reporting figures.

About You
  • Degree in business, finance, economics, statistics, mathematics, or a related discipline
  • Additional diploma or certification in actuarial sciences or student with minimum 2 to 3 Actuarial papers preferred.
  • Around 0 to 1 years of experience in insurance or reinsurance, life, or health insurance products
  • Knowledge of risk management from the actuarial science point of view
  • Strong analytical skills, along with proficiency in independent thinking and problem solving.
  • Knowledge of common statistical software and tools, expertise in MS suits like Excel Spreadsheets, including advanced formulas, pivot tables, VBA and SQL will be an added advantage.
  • Experience with Actuarial systems, Process, system testing and market consistent valuation and/or IFRS17 an advantage.
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.

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Reference Code: 129538

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