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Location: 

Kansas City, MO, US

 

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.

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 our 15,000 employees across the world.

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

 

 

About Swiss Re

 

Swiss Re Corporate Solutions (CorSo) offers innovative insurance solutions for multi-national corporations around the world. Backed by the financial strength of the Swiss Re group, we assist more than 50,000 customers worldwide in mitigating their risk exposure. With a workforce of 2,400 experts in more than 50 offices, Swiss Re Corporate Solutions is a growing business unit within Swiss Re that is seeking ambitious talent.

 

About the Role

 

  • Excellent opportunity for a P&C reserving actuary to further develop his/her career within an international business environment. This position reports to the Head of Actuarial Management North America, which is part of Swiss Re Group Risk Management.
  • The main focus of the role will be on reserving, economic valuation and financial reporting. Furthermore, the position supports the business unit's growth strategy by collaborating in various projects, such as supporting actuarial process development including the implementation of a new finance accounting platform and reserving tools.

 

Main tasks / Regular activities

  • Quarterly estimation of P&C insurance portfolio reserves (local statutory, US GAAP) including cooperation with internal stakeholders (Claims, Underwriting, Pricing, Finance/Accounting)
  • Estimation of the corresponding pay-out patterns serving as one of the input parameters for economic valuation model
  • Supports Finance in the preparation of internal and external (statutory) financial reports and presentations
  • Supports Risk Management in the preparation of the Capital and Solvency calculations
  • Prepares appropriate recommendations to reserve committees and legal entity management
  • Detailed ad hoc portfolio reviews and analyses as required including management support
  • Ensures effective feedback loops to Business, Underwriting, Claims, and Finance units
  • Improves and assures process efficiency and quality by automating process steps
  • Ensures compliance to local insurance laws and regulations for actuarial reserving matters
  • Contributes to actuarial and assumes (international/Group) assignments and projects
  • Inter-regional coordination with Swiss Re actuarial teams for improving the quality of actuarial analysis through simplification and automation of global processes

 

About the Team

The position is embedded within a small group of senior actuaries and analysts who are responsible for setting property and casualty reserves for the CorSo US carriers.

 

About You

 

  • Minimum of 3 years' experience in a Property & Casualty insurance environment
  • University degree in actuarial science or related field (mathematics or finance)
  • Qualified actuary of the Casualty Actuarial Society or an internationally recognized association, or actively moving toward an actuarial designation
  • Good understanding of actuarial, accounting, information systems
  • Familiarity R, SAS, SQL and/or other programming languages which support statistical computing, data visualization and analysis
  • Actuarial valuation and reporting experience required, experience in other actuarial fields (pricing, underwriting, solvency) an asset
  • Knowledge of statutory and regulatory environments in the US
  • Outstanding interpersonal and communication skills – demonstrates a clear and articulate standard of written and verbal communication in a complex environment
  • Proactive in seeking out and providing information
  • Actively looks to contribute and take on additional responsibility
  • Integrative personality with the ability to successfully work together with different personal styles and cultures
  • Proficient in English, any other language (mainly Spanish) is a plus


Keywords:  
Reference Code: 89412