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Folkestone, GB

Associate Actuarial Analyst

About iptiQ


iptiQ is a risk tech start-up within Swiss Re Group. Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime.

iptiQ provides digital, bespoke and transparent L&H and P&C protection products in a B2B2C manner. Founded in 2014, we're transforming the way consumers buy insurance with a unique digital insurance engine which incorporates the latest technology with world-class underwriting capabilities. We build strong partnerships to sell insurance via trusted brands.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. iptiQ embraces 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


We are looking for an ambitious reserving actuary to join our team in supporting the quarterly actuarial reserve calculations for iptiQ EMEA L&H. In this role you will have a great opportunity to apply your technical actuarial, modelling and data analytics skills across a wide variety of activities outlined below. 


The role offers the opportunity for out of the box thinking, working on solutions to a broad range of challenges. You will interact collaboratively with Life and Health as well as Property and Casualty colleagues from the team and with specialists throughout the iptiQ Division and the Swiss Re Group.


As an Actuarial Analyst (or Associate Actuarial Analyst, depending on experience of the successful candidate):

•    You support the team to complete the quarterly iptiQ EMEA L&H EVM, GAAP and Statutory valuations in a timely manner using best practices and adhering to all internal guidelines.
•    You ensure that the overall calculations are comprehensive, complete and well understood 
•    You regularly interact with other functions such as Risk Management and Finance and build trustful long-term relationships
•    You will also regularly contribute to actuarial-related projects and systems development.
•    We encourage pursuing the actuarial qualification with one of the major actuarial societies


About the Team


IpitQ is an exciting B2B2C business, a growing and expanding SwissRe business whose vision is to protect more people and their families by making Life insurance easier and more engaging. Simple insurance solutions in partnership with people's favorite brands.


The iptiQ Valuation Operations Team is a dynamic actuarial team, utilizing the latest cloud-based modelling and infrastructure technologies, within a changing environment. 


The main responsibilities of the team lay in the valuation and reserving of the business for all iptiQ entities and in the development and maintenance of the underlying actuarial models while challenging the traditional approaches to actuarial controls and processes.


About You


You have:

•    A University degree in actuarial science, mathematics or related subjects 
•    Up to 5 years of professional-level experience in Insurance or Reinsurance
•    Knowledge of life insurance modelling techniques is an advantage
•    Very strong analytical and conceptual skills 
•    Strong communication skills, written and verbal 
•    A healthy level of attention to detail


You are:

•    A collaborative, engaging, positive team player
•    A results-driven, "can-do”, self-starter personality
•    Able to grasp complex processes and projects
•    Proactive, confident, with high integrity 
•    Committed to high quality, also under pressure


We are an equal opportunity employer, and we value diversity at our company. Our aim is to live visible and invisible diversity – diversity of age, race, ethnicity, nationality, gender, gender identity, sexual orientation, religious beliefs, physical abilities, personalities and experiences – at all levels and in all functions and regions. We also collaborate in a flexible working environment, providing you with a compelling degree of autonomy to decide how, when and where to carry out your tasks.


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

Reference Code: 109331 


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