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Corporate Actuarial Analyst

0.00 to 3.00 Years   Bengaluru/ Bangalore (Karnataka)   21 Feb, 2025
SWISS RE
Job LocationBengaluru/ Bangalore (Karnataka)
EducationAny Graduate
SalaryAs per Industry Standards
IndustryCRM/CallCentres/BPO/ITES/Med.Trans
Functional AreaHR/PM/IR/Training
EmploymentTypeFull-time

Job Description

About Swiss ReThe Swiss Re Group is one of the worlds leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk from natural catastrophes to climate change, from ageing populations to cybercrime. The Swiss Re Group is organized into three Business Units, each with a distinct strategy and set of objectives contributing to the Groups overall mission.About the TeamWe are Group Costing Methods (GCM) team within Underwriting Excellence and are responsible for the definition and improvement of Costing methods, review, calibration and deployment of costing parameters. We are a highly collaborative, knowledgeable team with costing expertise across lines of business. Team is currently mainly spread across Zurich and Bengaluru. We have mandate to advise on underwriting decisions and maintain a holistic costing framework for new business and data driven insights across the organization.About the roleWe are looking for a self-driven team member, with a strong numerical and academic background and good overview of (re)insurance business to join the Group Costing department in Bengaluru.The role is primarily focused on Costing Parameters, with a specific emphasis on impacting daily decision-making in Underwriting. We advise on major underwriting decisions and further their implementation in costing new business. Furthermore, we advise on how Swiss Res capital can be allocated to the most promising underwriting risk pools. You will work closely with the Costing Economic Model team as well as GCMs IT teams as well as diverse BU or Group functions across Underwriting, Finance and Risk Management. Our responsibilities also are:

  • Definition of the costing methodology, including the review, calibration and deployment of costing parameters
  • Improvement of costing infrastructure
  • Support teams from around the organization by answering / clarifying ad hoc analytical / actuarial requests
  • Implement parameters in an auditable way
  • Maintain up-to-date documentation on process, input, output and sign-offs
  • Understanding and enhancements of Data structure
  • Proactive stakeholder management
The position involves performing quantitative analyses on portfolio data and complementing them with expert judgment. In the role you will leverage on our sophisticated tools and systems landscape as well as underwriting and market knowledge; you will contribute to assure the sustainable performance and the continuous enhancement of our technological infrastructure. The corporate title of the position will be AVP.About You
  • University degree with a very strong quantitative background e.g., covering modelling and advanced data analysis.
  • 0-3 years of modelling and project management experience in (re)insurance.
  • Ability to read the big picture behind the data.
  • Be able to drive projects and deputize product owner Experience in working with IT teams and writing specifications is an advantage.
  • Solid understanding of Python, R, SQL is advantageous.
  • Strong communication skill: you naturally bring individuals together in an interdisciplinary, multi-cultural environment and cross-functional teams.
  • Open and curious to learn more, quick-minded, creative, ambitious status quo & navigates ambiguity.
  • Self-starter who is methodical and well-organized. Highly acted, upbeat, proficient and reliable.
  • Pragmatic in balancing ideas origination and results orientation with strong problem-solving skills.
  • Strong team player with a high degree of personal accountability.
  • Comfortable with working in a multi-location team.
About Swiss ReSwiss Re is one of the worlds 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: 131207Locations: Bangalore, KA, IN

Keyskills :
costing methodology development data analysis proficiency project management experiencepython sql skillsstakeholder management workforce communicationcreative thinking

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