Share this Job

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?



About the Position

Do you bring a strong technical and analytical background and want to further enrich your experience with reinsurance business, underwriting and tool development know-how? If the answer is yes, read on!

This position provides an ambitious opportunity to work on various actuarial projects in agile scrum setup. You will be part of a team undertaking development and calibration of parameters, maintenance of pricing tools and providing actuarial consultancy to the Underwriters. Also, you would get opportunities to work with Product Centre, Risk Engineering Services, P&C Underwriters from various desks. This position will be based out of Bangalore, India.

Principal Responsibilities:

  1. Building Actuarial Models, Calibrating parameters like rates, exposure curves, BM, ILFs and trend factors.
  2. Take part in various Global Rate Review projects using advanced analytics tools like Palantir, R, Python, etc.
  3. Create & maintain dashboards and reports to gain for actuarial and data insights using various data visualization tools like MS Power BI.
  4. Working in collaboration with Underwriters across the Globe for actuarial support / consultancy for complex deals.
  5. Actively involved in tool development, preparation of Tools documentation and User guides, Performing UAT and provide technical sign offs.
  6. You would contribute towards the overall goal of P&C&S Underwriting Hub Bangalore.

About the Team:

The Actuarial Services P&C team in Bangalore is part of the Property & Casualty Centre Cluster. The team works in very close collaboration with ASPC Team spread across Zurich, London and the US.

We develop the actuarial models, methods and tools used for pricing the single risk property and casualty reinsurance business. We make sure the Underwriters have good parameters to price their business. We are the go-to team for actuarial advice and perform the risk assessment for complicated deals.

About You:

  • University Graduate / Postgraduate degree in Mathematics / Statistics / Actuarial Science / Engineering / Computer Science / Science.
  • Relevant Working Experience of 4-6 years in Insurance / Reinsurance Industry - preferably with experience in costing / pricing systems.
  • 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.
  • Skilled in statistical and data analytics software and packages like R, Python, Power BI, etc.
  • Proficient in Actuarial methods widely used in General Insurance Pricing.
  • 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 in multicultural distributed team.
  • A self-starter and able to tackle problems and develop solutions
  • Basic Project Management know-how is added advantage.

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: 100638 


Job Segment: Underwriter, Actuarial, Accounting, Insurance, Finance