Reporting Actuary

About the Role:

Position objectives: The role will be part of the Continental Europe Actuarial Team for the reporting of the Israel market. The role will be responsible for the delivery of financial reporting results for Israel, mainly under IFRS17 and Swiss Statutory bases. The successful candidate will work collaboratively with the Finance, Portfolio Management, Risk, and the wider Actuarial team across the reinsurance business.

Main tasks / responsibilities:

• Deliver quarterly financial reporting results with good quality, mainly under IFRS17 and Swiss Statutory bases.
• Co-ordinate closing timelines with stakeholders to ensure results are delivered in a timely manner and to ensure all actuarial inputs are provided as per deadlines.
• Analyse quarterly financial results, provide insights, and communicate the story with stakeholders effectively.
• Proactively identify soft areas and communicate issues on time. Improve the efficiency and quality of the reporting process.
• Collaborate with other functions, including accounting, markets, and production teams. Contribute to the smart circle by providing feedback on current trends and changes that may affect other teams and reflect the changes relevant to financial reporting appropriately.
• Perform experience studies and other ad-hoc activities required by the business.
• Contribute to the preparation of Board and Committee reports.
• Support the embedding of the risk culture within the Valuation and Analysis team.

About the Team:

The CE & Israel Actuarial Valuation team is part of L&H Actuarial and Risk Management, made up of around 35 people located in Zurich, London, and Bangalore. The team’s remit covers all L&H business written in Continental European and Israel markets, involving collaboration with a wide range of internal stakeholders in various functions.

Key objectives of the team include the delivery of robust and transparent quarterly financial results, supporting active management of the in-force portfolio to help maintain the L&H ROE, and delivering improvements in operational efficiency.

About You:

• Be a nearly qualified or qualified actuary with 5+ years of experience in the life insurance/reinsurance industry.
• Possess expertise on both technical and business sides to analyse and interpret quarterly life & health financial results.
• Ability to present the business story and data in a practical format and articulate it to all levels of internal and external stakeholders.
• Expertise on various complex topics such as recaptures, Funds withheld, and Counterparty Credit Risk would be considered an advantage.
• Computer literacy, particularly in MS Excel. Knowledge of MS PowerBi, Stargate, and ArtèMIS would be considered an advantage.
• Ability to deliver to tight deadlines.
• An open mindset that can grow with the changing needs of the Continental Europe business.
• Adaptability and willingness to engage on unfamiliar topics and learn new subject matter to support the development of solutions.
• Ability to cooperate with other teams for both BAU and change management.
• Proficient in English, both oral and written.

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.