Actuarial Associate II

About the Role

In this role, you will operate as a member of the Portfolio Monitoring & Insights Americas team. You will produce, review, and enhance experience studies to monitor the performance of the US life reinsurance portfolio relative to reinsurance pricing assumptions.

Job Responsibilities

• Validate reinsurance data sets for use in actuarial experience studies and create and review experience study results.
• Facilitate workflow between data analysts and actuarial teams and maintain documentation of data and study processes.
• Analyze data, validate results, isolate unusual trends, seek explanations, and derive recommendations where necessary.
• Design analytical review processes with appropriate data assumptions and methods, following established guidelines and best practices for internal data management.
• Create, maintain, and enhance guidelines and best practices when necessary and streamline current processes for efficiency.
• Project management for monitoring enhancement projects.

Position Requirements:

• At least 2 years of actuarial pricing and/or valuation experience in the Life Insurance and/or Reinsurance industry with a good understanding of fundamental actuarial concepts.
• Cleared at least 3 actuarial papers from IFoA UK or IoAI Mumbai.
• Programming/software skills particularly in Microsoft Excel, Microsoft Access, Microsoft Power BI, and SQL, as well as client database tools such as SAS, R, Python, or Oracle.
• Shows initiative in identifying data or actuarial related issues and supporting team members and stakeholders.
• Cross-cultural experience working with colleagues globally and 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 and 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. 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.