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- Perform quarterly valuation including P&L and Reserve movement explanation and explain to the lead.
- Working under multiple reporting regimes: USGAAP, statutory and market consistent valuation (EVM), as well as providing input into the internal risk model and solvency reporting (SST, SII)
- Support the strategic priorities of the Business Management department
- To analyse valuation models used and make change if required
- Calculation of reserves under different reporting regimes: USGAAP, Market Consistent and statutory
- Perform reserve analyses, explanation, and commentary
- Explain the contributors of P&L movement
- To apply technical knowledge and process skills to solve problems and develop solutions
- Question existing processes & suggest improvements
- Interaction with independent valuation result reviewers
- Documentation of the assumptions, model output and quarterly results
- Advanced actuarial student
- 2+ years of experience in reinsurance, life or health insurance products
- Experience with market consistent valuation and/or USGAAP an advantage
- Ability to work and judge independently
- Excellent oral and written communication skills
- Good business and financial acumen
- Work with teams across various locations
- Strong technical knowledge, proficiency in working with spreadsheet packages, knowledge of a modelling software preferred (MoSes, Axis, Prophet).
Corporate Actuarial Analyst - Bangalore, India - Swiss Re
Description
Position objectives and position summary (short and precise definition of most important activities)This is one of the pioneer team to get into the global systems platform that Swiss Re has been targeting and involved in end-to-end aspects of Swiss Re CE reporting. i.e. starting from Data handling until explaining the movements in reporting figures.
About You (education, linguistic ability, professional experience, leadership qualities, soft skills)
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.
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Reference Code: 128839