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Acturial Associate Job Opening in Swiss Re Global Business Solutions India Private Limited at Bengaluru
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Job Description
About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance and otherforms of insurance-based risk transfer, working to make the world more resilient. Weanticipate and manage a wide variety of risks, from natural catastrophes and climatechange to cybercrime.
We cover both Property & Casualty and Life & Health. Combiningexperience with creative thinking and cutting-edge expertise, we create newopportunities and solutions for our clients. This is possible thanks to the collaboration ofmore than 14,000 employees across the world.
Our success depends on our ability to build an inclusive culture encouraging freshperspectives and innovative thinking.
We embrace a workplace where everyone hasequal opportunities to thrive and develop professionally regardless of their gender,race, ethnicity, gender identity and/or expression, sexual orientation, physical or mentalability, skillset, thought or other characteristics.
In our inclusive and flexibleenvironment everyone can bring their authentic selves to work. About the TeamPart of pricing & underwriting services team with around 80+ members betweenActuarial and Underwriting teams located in Bangalore.
This role will be supporting SEAfor reinsurance pricing - actuarial and experience studies. Objective of RoleTo support the SEA Pricing services team, by providing technical expertise in respect ofproduct pricing, experience studies and other initiatives.
Key Accountabilities Work on Experience studies for APAX Market Assist peers in reporting ES results to management at Asia level for keytreaties/benefits on monthly/quarterly basis Work with data and system teams for any change in the data hand-shake processfor various treaties from experience studies point of view Work with Global team to develop/steer new platform developments Work with regional Pricing services team on new model development for ES Come up with ideas for automating and improving current processes Help peers to carry out periodic validation of the ES codes to ensure adherenceto best practices and to control code proliferation Always ensuring the adherence to pricing guidelines and standardmethodologies, and their consistent application.
Key Skills & Knowledge Excellent technical knowledge in all areas of pricing, experience studies andproduct development and fundamental knowledge of the products and servicesoffered by insurers/reinsurers. Ability to apply actuarial judgement in a commercial environment.
Good understanding of actuarial standard methodologies. Knowledge of actuarial L&H modelling and data analytical software's: SAS and R Organization, prioritization and planning skills. Knowledge of L&H actuarial modelling and data analytical software's.
Candidate Requirements Basic understanding of actuarial product design, pricing, and/or experiencestudies; familiarity with actuarial pricing tools and data workflows is preferred. Good progress in actuarial exams (1-3 exams) from a recognized actuarialinstitute.
Skills in data analysis (SAS/R preferred) with the ability to work independently ondeliverables would be an add-on. Strong time management and prioritization skills to meet tight timelines in adynamic environment. Excellent interpersonal, communication and influencing skills.
Make a difference in your career with one of the biggest reinsurance companies in theworld 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 kindof growth characterized by the sophisticated and differentiated value delivered to thebusiness.
This is your opportunity to join the growing Analytics Centre of Excellence,working in tandem with the actuarial talent pool and other business functions located inour set-up in Bangalore.
Required Skills
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