Location:
Sao Paulo, São Paulo, BR
Junior 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?
Objectives (areas of responsibility and authority)
- Quarterly estimation of P&C insurance portfolio reserves including close cooperation with major stakeholders (Claims, Underwriting, Pricing and Finance/Accounting)
- Estimation of corresponding pay-out patterns serving as one of the input parameters for EVM and solvency calculations
- Calculation of Premium Deficiency Test, ULAE and others
- Preparation of internal and external (statutory) financial reportings and presentations
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Main tasks / Regular activities
- Provide actuarial analysis for technical provisions (e.g. IBNR) for certain lines of business
- Interact with Claims, Underwriting, Pricing and Finance/Accounting on a group level
- Provide data reconciliation and data quality checks
- Support the automation of process flows (mainly developing program codes based on statistical software SAS, SQL or R)
- Define actuarial data requirements and manage corresponding processes
- Take ownership of projects as defined in the yearly Performance Review or otherwise assigned
- Support on actuarial reporting to group management and regulators
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Performance measurement criteria
- Feedback from Head Risk and Actuarial Management (includes feedback from Finance, Underwriting and Market executives) on quality and efficiency of results
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Job requirements
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Education
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- Actuarial background
- On the way to be or full member of the Brazilian Actuarial Association and registered with the Instituto Brasileiro de Atuários (IBA)
- Proficiency in MS Office
- Proficiency in SAS, R, SQL or similar statistical data software, considered a plus
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Linguistic ability
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- Fluentspoken and written knowledge of Portuguese and English
- Additional languages such as German or French considered a plus
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Experience
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- Property & Casualty actuarial experience in (commercial) insurance industry with emphasis on loss reserving and financial reporting in an international environment, considered a plus
- Additional experience in economic/solvency valuations and pricing of Corporate Business considered a plus
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Attitude
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- Good multicultural communication skills
- Pro-active and hands-on attitude
- Ability to cope with pressure and prioritise tasks accordingly to deliver results on time
- Ability to accept criticism and to support independent opinion/recommendations based on sound technical and efficiency-driven reasoning
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Leadership qualities
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- Development and maintenance of a high-performance
- Flexibility to adapt efficiently to changing business environments
- Development of high-quality talents, reflecting longer term needs for the entity
- Efficient communication skills
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Keywords:
Reference Code: 95539
Job Segment:
Underwriter, Claims, Actuarial, Risk Management, Accounting, Insurance, Finance
