Actuarial Analyst

3 days ago


bangalore, India Swiss Re Full time

Position Objectives 

This position is a team member position for the Actuarial Services Unit. The ASU is a team supporting actuarial pricing analytics and regulatory rate compliance for Swiss Re's Corporate Solutions North America Region various product offerings.

Main Tasks/Responsibilities

To prepare state specific rate filings as per the state regulatory requirements. To automate processes to simplify tasks and drive improvements. To perform actuarial pricing tasks (rate review, rate impact of a well-defined process nature. To perform compliance audits on the rates being charged by the business versus filed rates. To apply technical knowledge and process skills to solve problems and develop solutions, . investigating data issues and reconciliation. To work on actuarial analytics projects such as competitor analysis to analyze company's rating factors and supporting premium, loss & expense data with key competitors. Ensure operations are implemented according to internal guidelines and best practices Support, help develop and review US regulatory laws regarding filings

Ad hoc work within the regulatory and actuarial areas like development of new rating analysis, data analysis, create reports, support of costing model parameters, etc.

Job Requirements 

Education University degree . or . in Science (Mathematics, Statistics, Computer Science, Actuarial Science, Engineering, with solid numerical, mathematical, statistical or similar background Post Graduate in any of the Quantitative Sciences Flair and experience in designing, specifying, implementing and testing of actuarial functionality in IT systems according to business requirements Sound conceptual capabilities, strong analytical skills and very detail oriented Minimum 3 Actuarial papers passed from IOA/IAI/CAS/SOA/IOAA Technical/Computer Skills Excel, SQL, Business Objects, VBA, MS Access, R Skills and Experience Minimum of 2-3 years working experience in Insurance or Reinsurance Preferably experience in property and casualty North America Capable of understanding and prioritizing business requirements, evaluating different implementation options and translating them into viable IT solutions Good problem solving capabilities Knack for enhancing existing process through constructive and pertinent ideas Accomplished interpersonal and communication skills – demonstrates a clear and articulate standard of written and verbal English communication Interested in working in an international, multicultural and complex environment Work well in a virtual team environment with diverse partners spread across the world Identify, encourage and accommodate different points of views Project management skills and experiences would be an advantage Ability to work accurately and deliver to deadlines

Strong data organization and analytical skills

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:  130226
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