67 Swiss Re Jobs
Senior Financial Analyst I
Swiss Re
posted 3d ago
Flexible timing
Key skills for the job
The Opportunity
Make a difference in your career with one of the biggest reinsurance companies in the world with 12,000+ diverse set of employees in over 60 offices globally.
Our location at the heart of Bangalore has been witnessing balanced growth - the kind of growth characterized by the sophisticated and differentiated value delivered to the business. This is your opportunity to join a high-performing team, working in tandem with the actuarial talent pool and other business functions co-located in our set-up in Bangalore.
The position is part of the Financial Modelling team within wider Treasury department and reports into the Head of Financial Modelling team Bangalore. We are looking for an Associate Financial Analyst who continuously looks out for modelling improvements, takes ownership of multiple IFRS based Financial Plan production processes for Reinsurance Business Unit, and who serves as a credible business partner on all related matters to the wider organization.
About the Role
Ownership of tasks specific to refinement/(re)design, testing and implementation of IFRS Simulation Model (ISM) which is used for the creation of IFRS Financial Plan and the Expected Change in SST RBC.
IFRS Simulation Model (ISM) run post updates that include either refinements to the code and/or scenario runs, and, validating the results before handing over to key stakeholders
Support the relevant refinement/redesign, testing and implementation of BU Planning tools
Operation of Financial model & Planning tools used for the construction of IFRS based Financial Plan for the various Business Units, leading to the construction of balance sheet / income statement / cash flow statements etc.
During plan production phase, investigating the root cause analysis of various technical queries, i.e. movements and deviations of figures, raised by stakeholders and providing solutions
Providing technical support to respective Business Units in terms of understanding various plan related figures and metrics, planning systems etc.
Collaborating with the Business & Market Units Finance Teams, Underwriting, Reserving, Investment, Funding, Treasury, and other functions to have complete IFRS based Financial Plan
Support and optimize our operational and governance framework to ensure tasks are conducted optimally
About the Team
We are the Financial Modelling Team. We are an integral part of the FP&A Infrastructure, Automation & Costs (FIAC) team and sit within the Treasury Department. We work in close collaboration with the Group functions and BU FP&A teams on significant topics related to IFRS based Financial Plan. We are responsible for spearheading refinements/updates to the IFRS Simulation Model (ISM) as well as Planning tools with the aim of making the FP&A systems and processes up to date. This includes both, the operation and the continued improvement of the modelling tools used for IFRS and SST based Financial Planning. In this regard, we are exposed to significant opportunities to shape the associated processes, systems, and metrics.
About You
General:
Overall, 5-10 years of working experience in quantitative sciences such as actuarial or finance functions within (re)insurance
Actuarial professionals/ CFA/CA/ from acknowledged society / alternatively experience in annual financial planning and analysis
Intellectual curiosity with eagerness to improve financial modelling
Excellent command of spoken and written English
Specific technical skills
In-depth understanding of IFRS 17 (or similar economic framework)
Experience with P&C or L&H actuarial modelling
Excellent understanding of financial statements and hands-on experience of financial modelling
Exceptional command of MS office tools including advanced skills in Excel and good PowerPoint skills. Hands-on experience on Python will be an added advantage
Specific soft skills
Outstanding oral, written, and interpersonal communication skills with the ability to simplify sophisticated technical concepts into business value-focused language
Ability to work in a highly collaborative, multicultural, team environment, under pressure and on multiple and conflicting priorities
Highly motivated individual who can think analytically
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.
Employment Type: Full Time, Permanent
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