Actuary L&h Reinsurance - London, United Kingdom - Swiss RE
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.
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.Keywords:
Reference Code:126457
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