Bratislava, SK

Junior Insurance Economist - European Economic Analysis

This is your unique opportunity to actively contribute to analyzing the European economic outlook and assess the respective implications for the insurance sector at one of the largest global reinsurance companies! Together with a high-calibre and motivated international team, you will join a dynamic, fast and challenging work environment that allows you to expand your skill set, gain experience and contribute to meaningful projects and analysis.     


About the role


In this role based in Bratislava, Slovakia, at Group Economic and Sigma Research, you will actively contribute to developing the baseline views and forecasts on the European economic outlook as well as translate what these macroeconomic assumptions mean for insurance and reinsurance markets in Europe, particularly for the Life & Health insurance business sub-segment. The role is an excellent stepping-stone within the company and as such, you should expect a dynamic environment and be able to demonstrate flexibility, adaptability and autonomy in your daily work.


Key tasks and responsibilities include:

•    Work with various experienced economists to analyse and forecast key macroeconomic variables for European countries (e.g. GDP growth, labour markets, CPI inflation, interest rates, central bank policy, fiscal policy, financial markets). This includes longer-term structural macro theme identification (e.g. changing demographics).
•    Assess the implications of the external macroeconomic environment for the insurance market outlook, namely analyze how certain changes in economic variables (e.g. interest rates) affect Life & Health insurance markets. Develop projections on the outlook for the overall insurance sector business based on broader macro trends (e.g. develop forecasts on future insurance premium growth and insurance sector profitability metrics).
•    Develop and improve models and data monitoring tools to further strengthen the team's top-down external macro and insurance sector analysis.
•    Support Swiss Re's thought leadership research through conducting literature reviews, data analysis and written contributions to publications on the external macro environment and how this affects insurance markets (e.g. Swiss Re's European Economic Outlook quarterly report, Sigma flagship publication on insurance market trends)
•    Support the Group Chief Economist and European Chief Economist in various tasks, including writing background notes and preparing high-quality visually appealing presentations for external client outreach, as well as some other administrative tasks


About the team


The European Research team is a sub-team within the Group Economic & Sigma Research (GESR) department and is part of the Swiss Re Institute. The broader GESR department is responsible for analysing and forecasting the global macroeconomic and insurance market environment. GESR holds a crucial role in steering Swiss Re's capital allocation and drives thought leadership on topics of strategic importance (e.g. through the "sigma" publication series). The department is located across geographies, is highly visible and interacts with a wide variety of key partners and decision makers across Swiss Re and externally.


About you


You should expect a dynamic environment and be able to demonstrate flexibility, adaptability and autonomy in your daily work. You are mature and proactive with a "can do" attitude; showing a high degree of own initiative. You have an ability to work under tight timelines as well as multi-task different deadlines and run work collaborations across various stakeholders simultaneously. 


•    Completed university degree in Economics or Finance, including at Master level as well as 2-5 years of work experience in the Economics/finance research area.
•    Mindset for continuous learning to further grow skills: strong interest in macroeconomics as well as motivation to learn about the insurance sector (prior insurance work experience is not a must). 
•    Proficiency in MS Office applications (Excel, PowerPoint, Word) is required.
•    Strong data, statistical and analytical skills. Econometric and programming skills in one of the major statistical softwares/programming languages (R, Stata, Matlab, Python) is a distinct advantage.
•    Ability to break down, communicate and visualize often complex concepts in an easy and digestible way. Both written and verbal communication skills are excellent in English.

This job offer is suitable for people who have been impacted by the invasion of Ukraine.


The minimum gross monthly base salary for this role is 1900 EUR full time. Our final offer to you will be set up fairly, considering the skills and experience that you bring to the Swiss Re Group.


You can look forward to extra rewards and benefits including an attractive performance-based bonus.


We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.




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. 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 and their passion for sustainability.



Reference Code: 129973 



Job Segment: Data Analyst, Bank, Banking, Economics, Data, Research, Finance