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23 Swiss Re Jobs

Senior Actuarial Analyst

1-5 years

₹ 12 - 11.5L/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

Senior Actuarial Analyst

Swiss Re

posted 7d ago

Job Description

You will join the exciting Swiss Re journey to transform its global L&H experience studies (ES) landscape by shaping, influencing, introducing and maintaining a new standardised and state-of-the-art solution that is built for the global L&H experience studies community.

About the Team:

The Leap R Migration Team is being formed as a global team to support adoption of the Leap R tool by the local experience studies teams. Leap R has been developed based on a global methodology, to enable ES actuaries to utilise R efficiently undertake experience studies, in a way that facilitates improved generation of insights for pricing and other stakeholders. The Leap R Migration team will work with the Experience Studies Centre and collaborate closely with the local ES teams to deliver migration targets.

The Experience Studies Centre is part of the OVAL and Global Experience studies team, within L&H Portfolio Steering & Monitoring (PSM) under the Chief Underwriting Office (CUO). We aim to implement a standardised and state-of-the-art Experience Studies solutions that enables effective generation of insights of the L&H business to proactively steer L&H Re in delivering sustainable profits.

About the Role:

The candidate will be a member of the Leap R Migration Team. Leap R is replacing SAS and R as the experience studies calculation engine for L&H (ex. North America). The Leap R Migration Team is being formed to support rollout and adoption of the Leap R ES engine by the local experience studies teams in Asia and EMEA.
You will be responsible for migrating studies, currently undertaken with SAS or R, to Leap R, including data preparation and documenting of process. Through this, you will deliver experience analyses for stakeholders including experience studies, pricing and valuation.

Key Responsibilities:

  • Prepare and deliver experience studies with Leap R, migrated from existing solutions, in collaboration with the local experience studies teams and achieve annual migration targets
  • Validating and reconciling study results with previous studies undertaken with SAS or R
  • Analyse and interpret findings, formulate and communicate conclusions
  • Follow the processes, framework and standard operating procedure for work to be undertaken by the Leap R Migration Team
  • Ensure experience studies are migrated in line with global experience studies methodology and standards
  • Perform reviews of peer work and ensure correct documentation of Leap R migrations
  • Foster strong collaboration with colleagues across regions and central teams to ensure alignment and contribution to a common global experience studies approach

About You:

Are you an effective team worker with strong interpersonal skills who enjoys building working relationships across technical subject areas

Essentials:

  • Strong actuarial experience with 3+ years in either L&H reinsurance, primary insurance or consulting
  • Working knowledge in R
  • Good actuarial institute exam progress
  • Organisation and planning skills
  • Strong interpersonal, communication and influencing skills.
  • Able to interact with colleagues across all levels and multiple locations of the organisation and work toward a common goal
  • Able to work independently and in a team (including cross functional teams) to contribute to successful delivery of work
  • Strong analytical skills

Nice to Have:

  • Prior hands-on working experience with L&H experience studies work
  • Expertise in a variety of L&H products, ideally across multiple global markets / regions


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: 131510


Employment Type: Full Time, Permanent

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What people at Swiss Re are saying

3.3
 Rating based on 5 Senior Actuarial Analyst reviews

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Senior Actuarial Analyst salary at Swiss Re

reported by 28 employees with 1-5 years exp.
₹8 L/yr - ₹21.5 L/yr
44% more than the average Senior Actuarial Analyst Salary in India
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What Swiss Re employees are saying about work life

based on 231 employees
91%
95%
60%
100%
Flexible timing
Monday to Friday
No travel
Day Shift
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Swiss Re Benefits

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