Corporate Actuarial Analyst

About the Role:

• Interpret and understand the underlying actuarial business requirements to interpret both the system implications and associated testing requirements.
• Document 'best practice' Test plans and Test scenarios for actuarial systems using materials developed by the Business analysts (BA's) and bReserving team.
• Provide feedback during the planning stages to document owners where further clarity is required.
• Execute Test scenarios, gather results, and coordinate with leads to ensure that results reviews and final approvals are fully resourced and actioned.
• Lead review sessions, walking through the actuarial functionality technical aspects of Test plans and scenarios to obtain approval from BA's and Stakeholders.
• Identify Test data needs to support Test execution and set out expected results with detailed calculations/explanations where necessary.
• Input to and own the Defect management lifecycle, ensuring that issues are recorded and investigated on a timely basis.
• Advise Test leads of progress during the Test stages, taking ownership of resolving any issues or limitations.
• Ensure that the VR&A Change Management Lifecycle (CCF) is observed throughout the Releases to comply with Financial Audits.
• Contribute to and own materials for education and training of Workstream or Business regional users, including hosting Training sessions and providing onboarding support during Business Test cycles.

About the Team:

Actuarial Operations and Solutions (AOS) plans, builds, operates, and improves Swiss Re's global actuarial systems and processes for Life & Health business. We own and operate Swiss Re's largest application and database used by regional valuation teams, Finance, Portfolio Management, Risk Management, and other business-steering departments.

We comprehend business challenges to provide solutions and make strategic decisions that will help the valuation landscape prepare for the future by launching or supporting projects. Our team consists of about 15+ members spread across the globe, including Toronto, Armonk, Bangalore, London, and Zurich.

Our strengths stem from the diverse backgrounds and skills of our team members, including actuarial (pricing, valuation, AXIS modelling, product development, risk management), testing, information technology, and project management.

About You:

• Excellent interpersonal, communication, and organizational skills.
• 1 - 2 years of experience working in the L&H primary insurance/reinsurance or consulting domain; detailed knowledge about Life & Health products is a plus.
• Actuarial students with 2-3 exams, CM1 as a must, and relevant experience in actuarial system testing.
• Graduate or Postgraduate in Mathematics/Statistics/Economics; good knowledge of MS Excel and PowerPoint.
• Ability to navigate ambiguity and drive change.
• Knowledge of the actuarial valuation process and SR Valuation landscape is an advantage.
• Strong and proven ability to work autonomously and accurately.
• Ability to work in a diversified functional environment across IT, Actuarial, and Finance.
• Passion to deliver and stick to deadlines; strong data organization and analysis skills.
• Advancing toward actuarial qualification is advantageous but not required.

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.

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.