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Bangalore, KA, IN

Corporate Actuarial Senior Analyst

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.



The Opportunity (Description of the opportunity working for Swiss Re in Bangalore)

Reporting to the Team Lead, MCoE Lead BLR, this is an exciting opportunity for a skilled actuarial student to join the Life & Health Business Management division, which is responsible for the inforce management of Swiss Re's global L&H Reinsurance business.


About the Role: Position summary & Main tasks/activities (short and precise definition of the role and most important activities listed)

  • Support the development and maintenance of Life & Health AXIS models used for financial reporting and portfolio management in US and Canada
  • Provide independent support to AXIS MCoE team leads to help resolve model issues through debugging, unit testing and knowledge sharing as required
  • Establishing yourself as a role model for junior members/peers
  • Ability to handle stakeholder requests and deliver solutions independently
  • Guide junior team members on AXIS skills
  • Produce high quality models and associated documentation for the user community. Ensure model development and testing activities are in accordance with agreed model governance framework and testing procedures
  • Enhance and extend various existing model building tools and model validation tools as needed
  • Support the development of IT systems to enable the rapid transition to the target landscape, and help drive operational excellence
  • Drive continuous process improvements to maximize productivity and work product quality


About the Team (Description of the team and context into which the role sits in)

The AXIS Modelling Centre of Excellence (MCoE) team is responsible for the development, maintenance and on-going support of the AXIS modelling platform, used by Swiss Re L&H Business Management for financial reporting and portfolio management in North America (U.S. and Canada). The team is in three main offices: Toronto (Canada), Fort Wayne (US) and Bangalore (India).


About you: (education, linguistic ability, professional experience, leadership qualities, and soft skills)

  • At least 3 to 4 years of L&H pricing and/or valuation experience in the insurance and/or reinsurance industry, a few actuarial exams will be an added advantage (for e.g. CT-5 (Contingencies) as per the old syllabus)
  • Good communication in English, both written and verbal, with an ability to communicate effectively with stakeholders, partners and other AXIS MCoE team members in multiple locations
  • Working Knowledge in any Actuarial Software is preferable
  • Cross cultural experience working with colleagues globally; experienced in managing work product handover processes between teams in different geographical locations
  • Ability to work independently, accurately and deliver to deadlines
  • Good understanding of fundamental actuarial concepts
  • SQL / VBA/ AXIS / MS Access / Oracle Experience – Expertise with any of these tools will be an advantage
  • Excellent organisational and analytical skills with attention to detail; able to quickly absorb details on business structure, product features and model requirements
  • Shows initiative in identifying issues and supporting other team members, peers and senior stakeholders



Reference Code: 119928 


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