Description

Location:Bangalore, KA, IN

About the role:

• Quarterly reserving and reporting processes:
• Perform China GAAP/CROSS reporting with supervision from SMEs within BM-A China team
• Monitor, project and communicate performance of the assigned business portfolio
• Preparing for accounting and solvency changes.
• Enhance quarterly valuation model and process with appropriate control; Support valuation process and system implementation for future readiness of BM-A function
• Propose assumptions, modelling of various policy features for new or existing treaties. Perform Model Point Creation, Profile Creation or Sampling where appropriate for overall quality improvement of valuation.
• Coordinate with team outside valuation team to proactively manage Data Flow, NB volumes, CoB and Close process to keep things on time and accurate.
• Carry or assist in carrying assumption reviews for the portfolio or loss ratio studies.
• Management retains the discretion to add or change the duties of the position.

About the team:

Reporting to Corporate Actuary, Life & Health ("L&H") Actuarial Management China, you will be primarily responsible for the activities of Valuation & Analysis in China. The Actuarial Management team is part of Group Risk Management in Swiss Re, responsible for managing the in-force business and supporting Swiss Re's L&H business by providing financial information and advice on past/expected future profitability and experience. This team works closely with other departments in Asia's L&H Community, including those in business origination functions (Client Markets and Products), and those in in-force portfolio management functions (Claims, Technical Accounting etc.). The successful candidate will need to proactively liaise with cross functional teams and is required to foster a strong team culture to drive delivery of the overall in-force management mandate.

About you:

• Around 3 and more years of proven experience in Actuarial tasks.
• Advanced actuarial student.
• Prior experience on Swiss Re systems an advantage.
• Ability to work accurately and deliver on a timely manner.
• Must be able to interpret business specs and ask clarifying questions.
• Strong data organization and analysis skills.
• Keeps team tasks on track and highlight issues in timely manner.
• Excellent oral and written communication skills.
• Exposure to insurance or reinsurance actuarial processes.
• Proficient in MS Excel. Knowledge of MS Access, SQL, R program and Python would be considered an advantage

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. 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: 135261

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