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 resilientWe anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrimeWe cover both property & casualty and life & healthCombining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clientsThis 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 thinkingWe 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 characteristicsIn our inclusive and flexible environment everyone can bring their authentic selves to work.
About the role you will be a part of the division asia p&c reserving team in bangalore and will have ample opportunity to apply your technical actuarial, modelling and data analytics skills across a variety of activities outlined belowYou will work in collaboration with reserving actuaries based in asia and globallyYou will collaborate closely regularly with other functions and departments such as underwriting, client management, claims, technical accounting, finance and risk management.
The job responsibilities include the following:
Quarterly reserves analysis for business
Reporting of quarterly results to senior management and the reserve committee
Yearly estimation of payment patterns for economic value management
Review of actuarial statutory reporting requirements from irdai non-life business.
Line-manager responsibilities over 4 actuarial resources
Handle the production of various monitoring and control reporting
Interaction with other parties:
Continuous collaboration with actuaries from various asia locations, with specific focus on the india market
Regular liaison meetings with other departments such as underwriting, client management, claims, operations, finance and risk management
Assist in developing global approaches for monitoring & control reporting – harmonizing where reasonable across the regional reserving team
About the team the asia reserving team is part of actuarial & reserving p&c re, bangalore division and falls under the global actuarial & reserving p&c re function.
Qualified or near-qualified actuary with 8+ years of experience in the p&c actuarial domain
Bachelor`s or master`s degree in mathematics, statistics, economics, physics or equivalent field
Experience in statutory reporting for p&c branch entities
Excellent knowledge of insurance accounting principles
Strong data processing and analytical skills
Excellent oral and written communication skills
Strong organization skills and ability to lead multiple topics.
Line-manager experience an advantage
Posted 11 days ago