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:

  • The role will report to the ASIA TL Modelling team based in Bangalore.
  • Some of the key responsibility will be :
    • You will be primarily responsible for setting up valuation models for Actuarial Management team in Asia.
    • Access the credibility of data for modelling purpose.
    • Perform user acceptance testing upon new Moses model release.
    • Support Asia region on Regulatory, Branch and SwissRe initiative projects.
  • Interface with:
    • Regional Actuary and Market owners to ensure smooth on boarding of models into Production.
    • Costing/Pricing team to understand the pricing model/considerations.
    • Data Management team for data requirements.
    • Moses MCoE team on model maintenance & Improvement.
    • Valuation landscape management with IT and other relevant functions.
    • Setting up valuation modes which includes on boarding of large deals and conversion of business from Loss ratio to Policy level reporting.
    • Perform user acceptance testing upon new Moses model release.
    • Analyse the credibility of the data.
    • Perform sound and robust analysis of cash flow and reserve projections on Embedded Value, US GAAP and Statutory basis.
    • Documentation of models End-to-End.
    • Support Asia region on Regulatory, Branch and SwissRe initiative projects.


About the Team:

Asia L&H Valuation team in Bangalore majority supports in valuation and modelling of pertaining to different regions where we operate in. Team also supports on various Business valuation and landscape migration projects.  The team currently have close to 15 resources supporting different market/ project streams


About You:

  • 4+ years of experience in Actuarial.
  • Partially qualified actuary and good progress on exams.
  • Strong analytical skills, and the ability to handle both conceptual and practical issues;
  • Prior experience in L&H valuation or pricing experience in reinsurance or primary insurance is desirable, but not essential;
  • Prior actuarial modelling experience with actuarial modelling systems is preferred. Moses experience is desirable, but not essential;
  • Good verbal and written communication skills especially of complex and quantitative topics;
  • Proficient in Microsoft Word, Excel, Access, PowerPoint (knowledge of SQL and VBA will be considered an advantage);


Reference Code: 86805