Share this Job
Location: 

Bangalore, KA, IN

Corporate Actuary

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.

 

 

About the role

You will be a part of the Division Asia P&C Reserving team in Bangalore and will have ample opportunity to apply your technical actuarial, modelling and data analytics skills across a variety of activities outlined below. You will work in collaboration with Reserving actuaries based in Asia and Globally. You will collaborate closely regularly with other functions and departments such as Underwriting, Client Management, Claims, Technical Accounting, Finance and Risk Management.

The job responsibilities include the following:

  • Quarterly reserves analysis for business
  • Reporting of quarterly results to senior management and the Reserve Committee
  • Yearly estimation of payment patterns for Economic Value Management
  • Appointed Actuary responsibilities for Swiss Re India branch Non-life Reinsurance business
  • Review of actuarial statutory reporting requirements from IRDAI Non-Life business.
  • Line-manager responsibilities over 5 actuarial resources
  • Handle the production of various monitoring and control reporting
  • Interaction with other parties:
  • Continuous collaboration with actuaries from various Asia locations, with specific focus on the India market
  • External networking within India Insurance market
  • Statutory reporting related liaison with IRDAI for SR India Branch
  • Regular liaison meetings with other departments such as Underwriting, Client Management, Claims, Operations, Finance and Risk Management
  • Assist in developing global approaches for monitoring & control reporting – harmonizing where reasonable across the regional reserving team

 

About the team

The Asia Reserving team is part of Actuarial & Reserving P&C Re, Bangalore Division and falls under the Global Actuarial & Reserving P&C Re function.

 

About you

  • Qualified P&C Actuary, and a Fellow member of Institute of Actuaries of India (IAI)
  • Bachelor's or Master's degree in Mathematics, Statistics, Economics, Physics or equivalent field
  • 8+ years of experience in the P&C actuarial domain
  • Experience in statutory reporting for P&C branch entities, India market experience an advantage
  • Excellent knowledge of insurance accounting principles
  • Strong data processing and analytical skills
  • Excellent oral and written communication skills
  • Strong organization skills and ability to lead multiple topics.
  • Line-manager experience an advantage


Keywords:  
Reference Code: 112782 

 


Job Segment: Accounting, Actuarial, Risk Management, Claims, Underwriter, Finance, Insurance