R&D Actuarial Analyst

In this role, you will operate as a member of the Actuarial Support Products North America R&D Team and work with the NA Market Experience Studies Team based in Bangalore. You will perform and review US Experience Studies to support assumption development for pricing and reserving.

Job Responsibilities

• Prepare and validate client and reinsurance data sets for use in actuarial experience studies and support the creation and review of experience study results.
• Coordinate workflow between data analysts and actuarial teams and maintain documentation of data validation processes including assumptions and methodology.
• Analyze data, validate results, and isolate unusual trends, seek explanations and derive recommendations where necessary.
• Perform analytical review processes, follow established guidelines and best practices for internal and external data management processes which includes appropriate documentation in support of business controls.
• Create, maintain, and enhance guidelines and best practices when necessary and streamline current processes for efficiency when appropriate.

Position Requirements:

• At least 1 year of actuarial pricing and/or valuation experience in Life Insurance and/or Reinsurance industry with a good understanding of fundamental actuarial concepts.
• Cleared at least 2 actuarial papers from IFoA UK or IoAI Mumbai.
• Programming/software skills particularly in Microsoft Excel, Microsoft Access, SQL and client database tools or others such as R, Python, SAS and Power BI.
• Shows initiative in identifying data or actuarial related issues and supporting other team members, peers and senior stakeholders.
• Cross cultural experience working with colleagues globally and experienced in managing data handover processes between teams in different geographical locations.
• Demonstrates strong oral and written English communication skills along with strong interpersonal and analytical skills.
• Ability to work independently, accurately and deliver to deadlines.

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.

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.