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79 Swiss Re Jobs

Apprentice

0-1 years

₹ 3.6 - 3.6L/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

Apprentice

Swiss Re

posted 6hr ago

Job Role Insights

Flexible timing

Job Description

About the Team
We are 200+ actuarial community members in Bangalore supporting the Life & Health
(L&H) business across all geographies contributing to several parts of the value chain of Swiss Re. We are a well-established team involved in end-to-end aspects of the Actuarial Valuation Reporting and Analysis, starting from data handling and modelling, until explaining the movements in reported figures to Head of Reporting who finally signs-off the numbers.
About the Role
Support the team in conducting quarterly valuation/reserving related activities:
  • Support in preparing data for valuation models and maintenance of the models
  • Accurately complete already defined modelling processes including implementation of modelling assumptions, performing model runs, debugging, validations of results and its delivery to the reporting actuaries/business owners
  • Perform required validations, analysis to ensure accuracy of the numbers produced as well as keep audit trails and documentation of all major validations/checks done
  • Ensuring the team deliverables are met as per pre-approved timelines
  • Perform user acceptance testing for various system and model changes for the actuarial production team
  • Drive continuous improvements, enhance, and extend various existing model building tools and model validation tools as needed and questioning existing processes
  • Apply technical knowledge and process skills to solve problems and develop solutions, i.e., investigating data/modelling issues, reconcile different reports/numbers
  • Assist on special projects carried out to meet specific objectives as/when required
About You
  • Graduate in Actuarial Science/Mathematics/Statistics with graduation in last 3 years. Must not be a postgraduates
  • Must not have any formal prior work experience, internship exempted
  • Good understanding of fundamental actuarial concepts
  • Ability to work independently, accurately and deliver to deadlines
  • Desire to learn from highly skilled industry professionals across multiple fields to grow your professional development
  • Excellent communication and social skills to build and maintain positive relationships, internally within the team and externally with key partners
  • Excellent organizational and analytical skills with attention to detail; able to quickly absorb details on business structure, product features and model requirements
  • Shows initiative in identifying issues and supporting other team members, peers, and senior stakeholders
  • Knowledge in MS Excel, VB Macros, SQL - an added advantage
The Company is an equal opportunity employer. It is the practice of the Company to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individuals qualifications for the position being filled.
During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed
About Swiss Re




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: 132774

Employment Type: Full Time, Permanent

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What people at Swiss Re are saying

Apprentice salary at Swiss Re

reported by 4 employees
₹3.2 L/yr - ₹4.1 L/yr
84% more than the average Apprentice Salary in India
View more details

What Swiss Re employees are saying about work life

based on 238 employees
91%
95%
60%
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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