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:

          Support the EMEA L&H Business Management team in conducting regular valuation/reserving related activities every quarter.

  • Assist on regular quarterly valuations/reserve calculations.
  • Accurately complete already defined modelling processes including implementation of modelling assumptions, performing model runs, validations of results and its delivery to the reporting actuaries/line owners.
  • Perform required calculations and analysis on IBNR, Profit Commission, STAT/GAAP zeroisation and other such activities/requirements.
  • Perform required validations, analysis to ensure accuracy of the numbers produced as well as keep audit trails of all major validations/checks done.  
  • Address questions from Reporting Actuaries and perform further analysis/validations as required on results delivered.
  • Apply technical knowledge and process skills to solve problems and develop solutions, i.e. investigating data/modelling issues, reconcile different reports/numbers.
  • Question existing processes and suggest improvements
  • Interaction with auditors as/when required
  • Assist on 'special projects' carried out to meet specific objectives as/when required


About the Team:

EMEA valuation team is a well-established team involved in end-to-end aspects of the Actuarial Valuation Reporting, i.e. starting from data handling until explaining the movements in reporting figures to Head of Reporting who finally signs-off the numbers.


About You:

  Preferably 5+ years of experience in actuarial

• Progress towards actuarial examinations

• Graduate or Post graduate in Actuarial Science/Mathematics/Statistics

• Ability to work accurately and deliver on a timely manner

• Must be able to interpret business specs and ask clarifying questions

• Strong data organization and analysis skills

• Excellent oral and written communication skills

• Strong learning motive

• Proficiency in working with Spreadsheet and Database packages

• Exposure to Swiss Re valuation tools would be an additional advantage (MoSes)




Reference Code: 84152