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Bangalore, KA, IN


Corporate Actuarial Senior Analyst 

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 aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 80 offices globally. It is organised into three Business Units, each with a distinct strategy and set of objectives contributing to the Group’s overall mission.


About the Role:

  • Perform end to end process (setting up the runs to analysing the numbers) to support the Continental Europe L&H Business Management team in conducting quarterly/yearly valuation.
  • Working under multiple reporting regimes: USGAAP, statutory and market consistent valuation (EVM), as well as providing input into the internal risk model and solvency reporting (SST, SII)
  • Support the strategic priorities of the Business Management department
  • To analyse valuation models used and make change if required
  • Calculation of reserves under different reporting regimes : USGAAP, Market Consistent and statutory
  • To assist in reserve analyses, explanation and commentary
  • To apply technical knowledge and process skills to solve problems and develop solutions
  • Question existing processes & suggest improvements
  • Interaction with independent valuation result reviewers
  • Documentation of the assumptions, model output and quarterly results.


About the Team:

This is one of the pioneer team to get into the global systems platform that Swiss Re has been targeting and involved in end-to-end aspects of Swiss Re CE reporting. i.e. starting from Data handling until explaining the movements in reporting figures.


About You:

  • Advanced actuarial student
  • 4+ years of experience in reinsurance, life or health insurance products
  • Experience with market consistent valuation and/or USGAAP an advantage
  • Ability to work and judge independently
  • Excellent oral and written communication skills
  • Good business and financial acumen
  • Work with teams across various locations
  • Strong technical knowledge, proficiency in working with spreadsheet packages, knowledge of a modelling software preferred (MoSes, Axis, Prophet).

Reference Code: 82245