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Swiss Re is hiring an

Actuary

About the Role:

We are looking for a fully qualified Actuary to support the US Group & Health valuation unit with reporting requirements under IFRS17, US Statutory and Swiss Re Group reporting requirements. You will contribute to the quarterly reserving and forecasting process and assist in reviewing and signing off on actuarial models and assumptions associated with US G & H business with particular focus on Disability Income (DI), Group Long Term Disability (GLTD) and Long Term Care (LTC) product lines.

Key responsibilities include:

  • Overall ownership of the DI, GLTD and LTC financial reporting and actuarial deliverables. Key reviewer of the end-to-end quarterly valuation production process, year-end reporting requirements, annual Planning with associated assumption setting as required for the DI, GLTD and LTC business
  • Present quarterly results to key internal stakeholders, such as Group and Local Finance teams
  • Working closely with Pricing team to review product performance, and actively improve the actuarial feedback loop for these products
  • Conduct experience studies to support assumption setting as needed for the portfolios
  • Be a trusted advisor to the business through insightful analysis, proactive understanding of market developments, and engagement with other L & H functions to provide advice on in-force activities for DI, GLTD and LTC business
  • Provide leadership and guidance to junior colleagues in key project deliverables and system changes
  • Active contributor to the IFRS17 process improvement for DI, GLTD and LTC business

About the Team:

Reporting into the VP, Actuarial Group & Health Lead, you will be an integral member of the US Actuarial Management team which comprises 30 actuaries. The Group & Health valuation team within Actuarial Management is responsible for the valuation on and reporting of U.S. Stat, Swiss Stat, IFRS17 and Tax reserves for the company's US Group & Health business.

About You:

  • You have a University degree in mathematics or actuarial science and a qualified FSA with minimum seven years of experience
  • You have strong written/verbal communication skills
  • Your strengths will be your strong analytical skills with experience working in MS Excel, R, Power BI, Axis and/or Prophet.
  • Experience working with databases is an asset
  • Ability to work independently and in a team to contribute to the successful delivery of time-sensitive projects is important
  • Experience with IFRS17 and US Statutory valuation
  • Experience working with DI and/or health insurance products an asset

For the states of Colorado, California, Washington and New York the estimated base salary range for this position is $135,000 to $238,000. The specific salary offered for this, or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget. At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.

About Swiss Re

Swiss Re is one of the worldโ€™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.

Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.

During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.

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