About the company:

As the world's leading reinsurance company, Swiss Re, based in Zurich, specialises in providing solutions to capital and risk management problems. We combine financial strength with experience, knowledge and creative thought to exploit new opportunities in the interests of our clients, staff and shareholders. Our team contributes to these goals by analysing and communicating on the performance of the company's L&H reinsurance business, measuring the amount of reserves needed and looking for early indications of risks and opportunities to improve the profitability.

About the role:

• Ensuring the accurate and timely delivery of quarterly financial results for assigned lines of business on several reporting bases (US GAAP, best estimate and various statutory bases)
• Analysing movements in profits, validating and reporting on the main drivers of the differences
• Presenting results to the Head of UK L&H Actuarial Management as well as to Finance colleagues and other teams at Swiss Re
• Developing a deep understanding of assigned lines of business and resolving ad hoc issues e.g. investigating drivers of claims variances
• Providing actuarial support to the ongoing management of the in-force portfolio; producing management information that aids deeper understanding of the business, identifying and helping to realise opportunities to improve profitability
• Involvement in consolidation and submission of financial results for the entire UK L&H business
• Assisting in proposal/review of demographic assumptions (e.g. mortality rates)
• Reviewing and validating the financial impacts of changes to assumptions, methodology and models
• In addition you will:
• Provide regular feedback and suggestions for improving the efficiency of processes
• Take ownership of assigned projects resulting from post valuation review meetings
• Work with other departments on various projects e.g. sensitivity analysis, financial planning, data quality improvements, IT system developments

Requirements:

• Analytical and inquisitive in your approach to problem solving
• Able to draw conclusions and develop practical solutions
• Keen to learn and develop your own skills and knowledge
• Willing to take responsibility for handling your own workload with the ability to prioritise and meet deadlines
• A standout colleague who can work collaboratively, develop a personal network and contribute effectively to cross-team projects
• Able to communicate technical ideas effectively to both peers and senior management
• Achieved or working towards a good result in a numerate degree
• Capable of studying effectively and passing actuarial exams in line with our study policy
• Working knowledge of the following areas would be an advantage:
• Life and health insurance products
• Actuarial reporting
• Microsoft Excel

How to apply:

Click here to apply for this role.