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Corporate Actuarial Analyst P&C

1-2 years

₹ 8 - 11.3L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Bangalore / Bengaluru

1 vacancy

Corporate Actuarial Analyst P&C

Swiss Re

posted 5d ago

Job Description

About the Role:

You will be a part of the Division Americas P&C Reserving team in Bangalore and will have ample opportunity to apply your technical actuarial, modelling and data analytics skills across a variety of activities outlined below. You will work in collaboration with Reserving actuaries based in Americas and globally. You will regularly interact with other functions and departments such as Underwriting, Client Management, Claims, Technical Accounting, Finance and Risk Management.

  • Quarterly reserves analysis for Division Americas P&C business
  • Reporting of quarterly results to senior management and the Reserve Committee
  • Estimation of payment patterns
  • Preparation of materials in respect of statutory reporting requirements for different legal entities.
  • Support various new and ongoing projects or ad-hoc initiatives such as improvements to existing tools and processes.
  • Portfolio costing deep dives and costing-reserving feedback.
  • Financial/reporting system and IFRS 17 implementation, and other analytics projects

About the Team:

The Actuarial Reserving P&C Re team for Americas is part of the Global Actuarial Reserving P&C Re Unit which is responsible for reserving, commutation pricing, statutory reporting, IFRS17 reporting/implementation and data analytics for actuarial analysis.

About You:

  • Bachelors or Masters degree in Mathematics, Statistics, Actuarial Sciences, Economics, Physics or equivalent field
  • 1-2 years of experience in the P&C actuarial domain
  • Sound mathematical and actuarial background, actively working towards the attainment of actuarial qualification
  • Ability to work accurately and deliver within timelines
  • Strong data organization and analytical skills
  • Excellent oral and written communication skills
  • Strong learning motive
  • Knowledge of any programming language (VBA, R, Python) and visualization tools (PowerBI, Tableau) is an advantage

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.

Keywords:
Reference Code: 133103


Employment Type: Full Time, Permanent

Read full job description

Swiss Re Interview Questions & Tips

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Top Swiss Re Corporate Actuarial Analyst Interview Questions

Q1. Types of search any how to use them is real life
Q2. Which will give higher returns? Annuity at year start or year end?
Q3. What is reserving in insurance and what methods are used in it?
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What people at Swiss Re are saying

Corporate Actuarial Analyst salary at Swiss Re

reported by 16 employees with 1-4 years exp.
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₹7 L/yr - ₹11.3 L/yr
At par with the average Corporate Actuarial Analyst Salary in India
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What Swiss Re employees are saying about work life

based on 249 employees
90%
95%
58%
100%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

Swiss Re Benefits

Work From Home
Cafeteria
Gymnasium
Health Insurance
Soft Skill Training
Team Outings +6 more
View more benefits

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