Actuarial Intern (12 Month Temporary)

Are you looking for a development opportunity within a dynamic team that sets the foundation for the Life and Health valuation within multiple markets? Do you want to feel empowered and run your own projects while collaborating with numerous stakeholders? Join the L&H Valuation & Analysis Central Europe and Israel Team.

About the Team

The L&H Valuation & Analysis Central Europe and Israel Team is a dynamic and passionate team, made up of around 30 people located in London, Zurich and Bangalore. We are responsible for the quality of the financial results communicated to a wide range of stakeholders. We are dedicated to driving continuous improvement in our processes and influencing practices on a global level.

About the Role

We are looking for a hardworking and motivated individual to join the L&H Valuation & Analysis team as an Actuarial Intern. In this role, you will help improve the quality of the balance sheet. This is a fantastic opportunity to work in a successful team across a varied reinsurance business.

The scope of the role includes involvement in modelling, reserving, and business analysis for one or multiple key markets and products. Initially, it will involve supporting other team members. Over time, it is expected to include a reasonable degree of responsibilities and opportunities for personal growth – particularly in terms of technical actuarial content.

Key responsibilities include:

• Supporting the reporting actuaries by delivering quality reserve and income statement submissions for internal and external reporting across different bases (IFRS17, local and Swiss statutory, etc.)
• Developing a sound understanding of the underlying risks on the balance sheet and using this knowledge to facilitate proactive management of the in-force portfolio.
• Developing creative and pragmatic solutions to continuously improve our processes.
• Improving the quality of the modelling by validating cedent data and selecting appropriate assumptions.
• Supporting experience studies, including understanding and processing the data inputs, investigating the movements in the assumptions, and communicating results.

About You

You've got strong interpersonal skills and you're curious – always asking questions and searching for solutions. You are self-motivated and can communicate your thoughts clearly and effectively.

We are also looking for individuals who have:

• University degree in Mathematics or Actuarial Science (or other related discipline)
• Progress made towards the actuarial qualification
• Strong written and verbal communication skills in English
• Ability to manage your own workload and prioritize accordingly
• Ability to drive your own projects and engage the appropriate stakeholders
• Strong desire for continuous growth and development
• Good skills with Excel

We are looking forward to your application!

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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.