Actuary L&h Reinsurance - London, United Kingdom - Swiss RE

Swiss RE

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Join a team responsible for review of all Life & Health business Offering development opportunities and exposure to global business & teams, this role is the right fit for you if you are motivated and hard-working actuary.

About the Role:

In this role you will focus on our Swiss Re Zurich (SRZ) legal entity statutory results, which are produced to be shared with FINMA (Swiss regulator).

Key responsibilities include:

Actuarial review and analysis of the reserve calculations and results; understanding, challenging and explaining changes over time
Writing statutory reserve reports and the materials for the quarterly Swiss Statutory Reserving Committee
Reviewing statutory margins of L&H business, including the identification of appropriate management actions to optimise the capital position
Understanding differences between L&H Swiss statutory reserves and the best estimate of technical provisions reported under Swiss Solvency Test (SST)
Support SRZ and Swiss Re Group initiatives, including new large transactions both before and after deals are signed and reported, as well as supporting transfer pricing calculations of large transactions
Operationalizing changes to approach/methodology, including partnering with regional Valuation teams to make these changes happen
Supporting L&H ́s best estimate of technical provisions reported under SST, including review and signoff

About you:

Bringing strong interpersonal and communication skills including presenting to senior audiences, you will thrive in this role.

Must haves:

You are a qualified actuary with good technical knowledge of L&H reinsurance reporting and 35 years of postqualification experience
You are familiar with the range of L&H insurance products and reinsurance structures written globally
You are able to build effective working relationships with individuals based around the world
You are capable of handling multiple priorities striking the right balance between detail and pragmatism. You possess the ability to work under time pressure during the peak yearend reporting period.
You are fluent in English, both oral and written.
As an independent thinker, you are willing to form and defend your own views on technical topics

Nice to haves:

Specific knowledge of business written into Swiss Re Zurich, Swiss statutory reporting requirements, Swiss Solvency Test and IFRS would be an advantage
Proficiency in German would be advantageous

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. 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:126457