Zurich, Zurich, CH
Products Actuary (Hybrid - m/f/x/d - 80-100%)
We are offering an outstanding opportunity to join a cross functional team investigating the performance of Swiss Re's Life and Health business both using experience studies and by the handling of a strategic Life and Health reinsurance deal. Your challenge is to analyse and communicate the risks in the insurance risk portfolio for management to take actions, maintaining future profitability.
About the Role
You will support both the EMEA Experience Studies Lead and Pricing Lead Actuaries with several activities. The role will provide a broad exposure to L&H business in Europe.
Key Responsibilities:
• Conduct experience studies covering major L&H lines of business
• Promote and share insights obtained from investigations to key stakeholders, facilitating assumption setting and enabling more informed business decisions
• Define Costing basis assumptions and draft the documents for CE based on study insights and market/industry data
• Ensure compliance with global experience governance standards, methods, and process requirements
• Review offers referred to Swiss Re and manage internal approval process
• Review new products/new markets proposal and make recommendations on course of action to the Products Lead
• Review and update client UW and costing guidelines
• Perform costing and underwriting reviews at the client to assess UW decisions and compliance with agreed frameworks
About the Team
The experience studies team is an international unit, monitoring and analyzing European Life and Health experience, to ensure correct assumptions are used for pricing and reserving of the portfolio to maintain long term profitability.
The deal oversight team is a small cross functional unit, responsible for the management of a reinsurance deal with a single large client. We ensure that in force business and future new business is actively managed to add customer value to the Swiss Re group.
About You
Are you an effective team worker with strong interpersonal skills who enjoys building working relationships across technical subject areas and work optimally across the L&H value chain, including non-actuaries?
Essentials
• Qualified actuary, with 3-7 years of experience in either L&H reinsurance or primary insurance
• Strong communicator, including being capable of presenting and discussing results with clients and internal stakeholders
• Written and verbal proficiency in English is required
• Prior experience with Python and/or R
Nice to Haves
• German, French, Italian, Dutch or any other European languages are an asset
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 and their passion for sustainability.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
Reference Code: 132469
Job Segment:
Underwriter, Accounting, Actuarial, Insurance, Finance