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Bangalore, KA, IN

Senior Analyst P&C


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.

At Swiss Re we combine experience with creative thinking and cutting-edge expertise to create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 13,000 employees across the world.

We offer a flexible working environment where curious and adaptable people thrive. Are you interested in joining us?


This position is part of the Actuarial Services P&C team in Bangalore. The focus area would be building of Actuarial Models for various Actuarial projects including to price treaty and facultative business, calibration of parameters, maintenance of Actuarial pricing tools and providing training and support to the Underwriters. Also, you would get opportunities to work in collaboration with Product Centre and provide costing support to various property and specialty lines of business which would include but not limited to Property, Marine Hull & Cargo, Aviation and Engineering.

Country/Location: India – Bangalore

Department: BCSC-P&C Centre (50001574)

Division: BCS-Property & Specialty Underwriting (50001532)

Job Family: Actuarial

Functional Title: Senior Analyst P&C

Corporate Title: Associate

Type: Permanent staff - 100%


Principal Responsibilities:

  • Building Actuarial Models, Calibrating parameters for Models, Validate and Test Models for Actuarial Projects.
  • Support the development and update of the Actuarial content for Reinsurance costing tools for Treaty and FAC business. Develop actuarial modules in any programming language to be used in costing tools.
  • Working in close collaboration with Underwriters across the Globe for actuarial support to Deals.
  • Provide assistance to various Underwriting desks (Asia Hub, Munich etc.) during peak renewal periods.
  • Preparation of Tools documentation and User guides and performing UAT of tools and provide technical sign offs.
  • Support to Global Product Centre for updating models, analyzing trends, performing actual vs expected studies.
  • Maintain and manage various dashboards and reports used for portfolio analysis.
  • You would build underwriting attitude and contribute towards the overall goal of P&C Underwriting Hub Bangalore.
  • Provide training to underwriters on costing tools and methods.


About You:

  • University Graduate / Postgraduate degree in Mathematics/Statistics/Engineering/Computer Science/Science with 4-6 years of experience.
  • Is pursuing or willing to pursue Actuarial Science from any recognized professional body (IAI, IFoA or SOA/CAS) and has deep understanding of Insurance/Reinsurance concepts.
  • Proficient in Actuarial methods widely used in General Insurance Pricing.
  • Skilled in statistical software and packages like R, Python, Power BI, VBA etc.
  • Has a knack towards technology and can handle data efficiently using SQL. Inquisitive and willing to learn new technology and methods.
  • Good oral and written communication skills.
  • Experience of working in agile environment.
  • A self-starter and able to tackle problems and develop solutions
  • Basic Project Management know-how is added advantage.
  • Understanding of any Object-oriented Programming language is a plus.
  • Has working experience in multicultural team spread across Geographies.



We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Reference Code: 94822