Singapore

New York NY

London

Munich

Madrid

Potters Bar

Bangalore

Zurich

Bangkok

Hanover

Graduate

Part Qualified

Associate

Qualified

Senior Actuary

Life

Investments

Health

Property & Casualty

Reserving

Reporting

Reinsurance

Risk

Python

Modelling

Data Science

Experience Analysis

Coding

Bulk Annuities

Pricing

Valuation

Capital

Longevity

Excel

Power BI

Marine

Tableau

MATLAB

AXIS

Microsoft Azure

Are you an actuary looking for an exciting opportunity to apply your expertise in a global environment? Do you want to play a key role in assessing and enhancing (re)insurance risk models? If so, we invite you to join Swiss Re’s Actuarial Control team within Group Risk Management!About the RoleAs part of the Actuarial Control team within Group Risk Management, you will use your actuarial knowledge and skillset to assess (re)insurance risks and their quantification. This will help safeguard the resilience of Swiss Re and its commitment to making its customers and the world more resilient.Your key responsibilities will be the following:<ul><li>Carrying out model validations by providing independent reviews and opinions of the quantitative risk (stochastic) models used to value the re(insurance) risks within our internal solvency model.</li><li>Preparing reports for senior management and regulators, providing your insights into model soundness and appropriateness.</li><li>Applying advanced statistical and data science techniques to assess the methodology and explore alternative model structures and parameters.</li><li>Assessment of the uncertainties, limitations, and shortcomings of the current risk models based on sound and clear quantitative or qualitative argumentation.</li><li>Monitoring and keeping track of regulatory changes affecting (re)insurance risk modelling such as FINMA Standard Re model or industry benchmarks.</li></ul>About the TeamThe team's remit is global and spans both Life &amp; Health and Property &amp; Casualty business, providing support to the Group Chief Actuary and Group CRO. Our team is small and geographically dispersed, providing the opportunity to work in a variety of areas.About YouYou have excellent interpersonal and communication skills with good spoken and written English. You’re naturally curious and enjoy breaking down complex problems into clear, simple concepts. You’re not afraid to step outside your comfort zone, eager to take on new challenges and build your expertise.With strong analytical skills, you can manage large, complex data sets while keeping an eye on the bigger picture.Essentials:<ul><li>University degree in a quantitative field (e.g. mathematics) with strong academic performance.</li><li>Qualified Actuary or pursuing actuarial qualifications, with experience in the P&amp;C (Re)insurance industry.</li><li>Experience using programming/scripting languages (e.g., MATLAB, R, Python, SAS).</li><li>Highly motivated with a strong desire to learn and a proven track record of quickly adapting to new challenges.</li></ul>For Spain, the base salary range for this position is between EUR 44,000 and EUR 73,000 (for a full-time role). The specific salary offered considers:<ul><li>the requirements, scope, complexity, and responsibilities of the role,</li><li>the applicant's own profile including education/qualifications, expertise, specialization, skills, and experience.</li></ul>In the situation where you do not meet all the requirements or you significantly exceed these, the offered salary may be below or above the advertised range.In addition to your base salary, you may be eligible for additional rewards and benefits including an attractive performance-based annual bonus.Eligibility may vary depending on the terms of Swiss Re policies and your employment contract.We are looking forward to your application!About Swiss ReSwiss 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.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.

Are you an actuary looking for an exciting opportunity to apply your expertise in a global environment? Do you want to play a key role in assessing and enhancing (re)insurance risk models? If so, we invite you to join Swiss Re’s Actuarial Control team within Group Risk Management!About the RoleAs part of the Actuarial Control team within Group Risk Management, you will use your actuarial knowledge and skillset to assess (re)insurance risks and their quantification. This will help safeguard the resilience of Swiss Re and its commitment to make its customers and the world more resilient.Your key responsibilities will be the following:<ul><li>Carrying out model validations by providing independent reviews and opinions of the quantitative risk (stochastic) models used to value the re(insurance) risks within our internal solvency model.</li><li>Preparing reports for senior management and regulators, providing insights into model soundness and appropriateness.</li><li>Applying advanced statistical and data science techniques to assess the methodology and explore alternative model structures and parameters.</li><li>Assessment of the uncertainties, limitations, and shortcomings of the current risk models based on sound and clear quantitative or qualitative argumentation.</li><li>Monitoring and keeping track of regulatory changes affecting (re)insurance risk modelling such as FINMA Standard Re model or industry benchmarks.</li></ul>About the TeamThe team's remit is global and spans both Life &amp; Health and Property &amp; Casualty business, providing support to the Group Chief Actuary and Group CRO. Our team is also small and geographically dispersed, providing the opportunity to work in a variety of areas.About YouYou have excellent interpersonal and communication skills with good spoken and written English. You’re naturally curious and enjoy breaking down complex problems into clear, simple concepts. You’re not afraid to step outside your comfort zone, eager to take on new challenges and build your expertise.With strong analytical skills, you can manage large, complex data sets while keeping an eye on the bigger picture.Essentials:<ul><li>University degree in a quantitative field (e.g. mathematics) with strong academic performance.</li><li>Qualified Actuary or pursuing actuarial qualifications, with experience in the P&amp;C (Re)insurance industry.</li><li>Experience using programming/scripting languages (e.g., MATLAB, R, Python, SAS).</li><li>Highly motivated with a strong desire to learn and a proven track record of quickly adapting to new challenges.</li></ul>We are looking forward to your application!About Swiss ReSwiss 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.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.

Are you an actuary looking for an exciting opportunity to apply your expertise in a global environment? Do you want to play a key role in assessing and enhancing (re)insurance risk models? If so, we invite you to join Swiss Re’s Actuarial Control team within Group Risk Management!About the RoleAs part of the Actuarial Control team within Group Risk Management, you will use your actuarial knowledge and skillset to assess (re)insurance risks and their quantification. This will help safeguard the resilience of Swiss Re and its commitment to making its customers and the world more resilient.Your key responsibilities will be the following:<ul><li>Carrying out model validations by providing independent reviews and opinions of the quantitative risk (stochastic) models used to value the re(insurance) risks within our internal solvency model.</li><li>Preparing reports for senior management and regulators, providing insights into model soundness and appropriateness.</li><li>Applying advanced statistical and data science techniques to assess the methodology and explore alternative model structures and parameters.</li><li>Assessing the uncertainties, limitations, and shortcomings of the current risk models based on sound and clear quantitative or qualitative argumentation.</li><li>Monitoring and keeping track of regulatory changes affecting (re)insurance risk modelling such as FINMA Standard Re model or industry benchmarks.</li></ul>About the TeamThe team's remit is global and spans both Life &amp; Health and Property &amp; Casualty business, providing support to the Group Chief Actuary and Group CRO. Our team is small and geographically dispersed, providing the opportunity to work in a variety of areas.About YouYou have excellent interpersonal and communication skills with good spoken and written English. You’re naturally curious and enjoy breaking down complex problems into clear, simple concepts. You’re not afraid to step outside your comfort zone, eager to take on new challenges and build your expertise.With strong analytical skills, you can manage large, complex data sets while keeping an eye on the bigger picture.Essentials:<ul><li>University degree in a quantitative field (e.g. mathematics) with strong academic performance.</li><li>Qualified Actuary or pursuing actuarial qualifications, with experience in the P&amp;C (Re)insurance industry.</li><li>Experience using programming/scripting languages (e.g., MATLAB, R, Python, SAS).</li><li>Highly motivated with a strong desire to learn and a proven track record of quickly adapting to new challenges.</li></ul>For Germany, the base salary range for this position is between 71,000 and 118,000 EUR (for a full-time role). The specific salary offered considers the requirements, scope, complexity, and responsibilities of the role.The applicant's own profile including education/qualifications, expertise, specialization, skills, and experience will also be taken into account.In addition to your base salary, Swiss Re offers an attractive performance-based variable compensation component designed to recognize your achievements. Further, you will enjoy a variety of global and location-specific benefits.Eligibility may vary depending on the terms of Swiss Re policies and your employment contract.We are looking forward to your application!We provide feedback to all candidates. If you have not heard back from us, please check your spam folder.About Swiss ReSwiss 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.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.Reference Code: 133222

Are you an experienced actuary with exceptional communication skills looking for a senior role where your expertise will shape key strategic decisions? Do you thrive on analyzing complex risks, influencing senior stakeholders, and driving best practices? If so, we invite you to join Swiss Re’s Actuarial Control team within Group Risk Management!About the RoleYou will contribute to preserving Swiss Re's reputation and financial strength by providing confidence to our Board(s) and Senior Management in relation to the models used for risk quantification and capital calculations. Leveraging your actuarial and modelling expertise, you will ensure that the stakeholders are aware and understand the risks we face.You will work closely with risk modelling and actuarial teams to enhance the quality of the risk modelling methodologies.Your key responsibilities will be the following:<ul><li>Providing independent reviews, challenge and oversight of methods used in risk and capital quantifications, with a primary focus on Life &amp; Health business.</li><li>Conducting model validations using advanced statistical techniques and informed judgement, in particular identifying limitations and uncertainties and assessing their significance.</li><li>Preparing reports for senior management and regulators, providing insights into models soundness and appropriateness.</li><li>Monitoring relevant regulatory changes to ensure continued compliance with requirements.</li><li>Proactively adopting technology and leveraging external insights on advancements in actuarial and modelling methods and best practices.</li></ul>About the TeamThe team's remit is global and spans both Life &amp; Health and Property &amp; Casualty business, providing support to the Group Chief Actuary and Group CRO. Our team is also small and geographically dispersed, providing the opportunity to work in a variety of areas.About YouYou have excellent interpersonal and communication skills with good spoken and written English. You have a strong ability to show impartial and fair judgment, ensuring that challenges are raised based on objectively sound reasoning and proportionality.You’re naturally curious and enjoy breaking down complex problems into clear, simple concepts and able to explain them to various audiences. You’re not afraid to step outside your comfort zone, eager to take on new challenges and build your expertise.With strong analytical skills, you can manage large, complex data sets while keeping an eye on the bigger picture. You approach validation suggestions with confidence and patience, effectively influencing stakeholders while maintaining a collaborative and constructive approach.Essentials<ul><li>Qualified actuary with at least 8 years of professional experience, specialising in Life and Health business; experience in model validation, quantitative risk management and/or development or oversight of risk &amp; capital methodologies will be strongly preferred.</li><li>University degree in a quantitative field (e.g. mathematics, statistics, quantitative finance).</li><li>Proficiency in programming/scripting languages (e.g. MATLAB, R, Python, SAS).</li></ul>For Germany, the base salary range for this position is between 89,000 and 148,000 EUR (for a full-time role). The specific salary offered considers:<ul><li>the requirements, scope, complexity and responsibilities of the role,</li><li>the applicant's own profile including education/qualifications, expertise, specialisation, skills and experience.</li></ul>In addition to your base salary, Swiss Re offers an attractive performance-based variable compensation component, designed to recognise your achievements. Further you will enjoy a variety of global and location specific benefits.Eligibility may vary depending on the terms of Swiss Re policies and your employment contract.About Swiss ReSwiss 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.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.Reference Code: 133180

Are you an experienced actuary with exceptional communication skills looking for a senior role where your expertise will shape key strategic decisions? Do you thrive on analyzing complex risks, influencing senior stakeholders, and driving best practices? If so, we invite you to join Swiss Re’s Actuarial Control team within Group Risk Management!About the RoleYou will contribute to preserving Swiss Re's reputation and financial strength by providing confidence to our Board(s) and Senior Management in relation to the models used for risk quantification and capital calculations.Leveraging your actuarial and modelling expertise, you will ensure that the stakeholders are aware and understand the risks we face. You will work closely with risk modelling and actuarial teams to enhance the quality of the risk modelling methodologies.Your key responsibilities will be the following:<ul><li>Providing independent reviews, challenge and oversight of methods used in risk and capital quantifications, with a primary focus on Life &amp; Health business.</li><li>Conducting model validations using advanced statistical techniques and informed judgement, in particular identifying limitations and uncertainties and assessing their significance.</li><li>Preparing reports for senior management and regulators, providing insights into models soundness and appropriateness.</li><li>Monitoring relevant regulatory changes to ensure continued compliance with requirements.</li><li>Proactively adopting technology and leveraging external insights on advancements in actuarial and modelling methods and best practices.</li></ul>About the TeamThe team's remit is global and spans both Life &amp; Health and Property &amp; Casualty business, providing support to the Group Chief Actuary and Group CRO. Our team is also small and geographically dispersed, providing the opportunity to work in a variety of areas.About YouYou have excellent interpersonal and communication skills with good spoken and written English. You have a strong ability to show impartial and fair judgment, ensuring that challenges are raised based on objectively sound reasoning and proportionality.You’re naturally curious and enjoy breaking down complex problems into clear, simple concepts and able to explain them to various audiences. You’re not afraid to step outside your comfort zone, eager to take on new challenges and build your expertise.With strong analytical skills, you can manage large, complex data sets while keeping an eye on the bigger picture. You approach validation suggestions with confidence and patience, effectively influencing stakeholders while maintaining a collaborative and constructive approach.Essentials<ul><li>Qualified actuary with at least 8 years of professional experience, specialising in Life and Health business; experience in model validation, quantitative risk management and/or development or oversight of risk &amp; capital methodologies will be strongly preferred.</li><li>University degree in a quantitative field (e.g. mathematics, statistics, quantitative finance).</li><li>Proficiency in programming/scripting languages (e.g. MATLAB, R, Python, SAS).</li></ul>About Swiss ReSwiss 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.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.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.Keywords:Reference Code: 133179

Let's connect: If you want to experience how things are done in the Group Risk Management team at our headquarters in Hannover, join us on a permanent basis, commencing at the earliest possible date as an Actuarial Analyst / Mathematician Risk Management.You can look forward to<ul><li>Participation in operational core processes of the internal model, in particular in the area of the risk model for life reinsurance</li><li>Interdisciplinary cooperation with interface areas</li><li>Carrying out regular model runs and reporting the results for various Hannover Re units</li><li>Generation of various key risk figures, analyses and collaboration on various applications of the internal model</li><li>Implementation of model changes, change analyses and validation</li></ul>You come equipped with<ul><li>Degree in (business) mathematics, physics or a related course with a quantitative focus</li><li>Initial experience in the insurance or reinsurance industry, preferably through internships, is desirable</li><li>Programming skills with Matlab and experience with MS Office are an advantage</li><li>Communication skills paired with proficient user skills in English and German</li><li>Creativity, problem-solving and conceptual skills</li></ul>Don't meet all the requirements? No problem, we look forward to receiving your application!We offer you<ul><li>Flexibility: A hybrid work model with flexible working hours and 30 days of annual leave</li><li>Work Abroad: Up to 20 days a year within the EU Member States, Iceland, Liechtenstein, Norway and Switzerland</li><li>Financial Benefits: Company pension scheme, employee shares at favourable conditions, vacation and Christmas allowances as well as financial participation in the company's success</li><li>Worry-free Relocation: Wrap-around (financial) support for your accommodation search and relocation to Hannover</li><li>Lifelong Learning: Innovative programme of further training, including e-learning, specialist seminars, soft skills training, language courses, opportunities for work shadowing in other departments</li><li>Healthy Work Environment: Cooperation with the fitness studio Daily Fitness (also for family members), ergonomic workstations, outstanding canteen with rich selection of regional dishes ranging from vegan to hearty made with organic ingredients</li><li>Corporate Benefits: Discounts on products and services from well-known vendors (including travel, fashion and technology)</li><li>Individual Family Support: Company daycare facility and free, anonymous external counselling on personal, professional and psychological matters</li><li>Mobility: Ease of mobility with a free pass on local public transport and bicycle leasing, free parking and electric charging stations for cars and bikes</li><li>Connecting Power: Together we enjoy parties, team events and internal networking activities</li></ul>We are somewhat different – people with their own stories, experiences, and career paths. Everyone is welcome! Apply with just one click on the „Apply now“-button and become part of our diverse team! We'd love to hear about your skills and experiences. No need to upload a photo – it won't impact your application.

Do you excel in an environment where your insights have a direct impact on key decision-making? We are seeking an experienced Actuary and Model Validator to join our team. In this role, you will be responsible for delivering expert assessments and independent reviews of actuarial models, reserves, and capital calculations.If you’re excited to take on this challenge, we encourage you to apply!About the RoleYou will make sure that our Board(s) and Management are aware and understand the risks we face by bringing a broad and long-term perspective to protect Swiss Re's reputation and financial strength.You will work closely with finance and actuarial teams involved in costing, reserving, financial reporting, and capital management.Your main responsibilities will be the following:<ul><li>Providing independent review/opinion, challenge and oversight over actuarial methods used in valuing business, calculating reserves and capital while making use of data science techniques.</li><li>Opine on whether a model is appropriate for its intended use and designed with sound rationale.</li><li>Specify the limitations and assess uncertainties in the output given by the model and identify areas of model risk that model owners/developers will need to mitigate and/or monitor for the model to be used.</li></ul>About the TeamThe team's remit is global and spans both Life &amp; Health and Property &amp; Casualty business, providing support to the Group Chief Actuary and Group CRO. Our team is also small and geographically dispersed, providing the opportunity to work in a variety of areas.About YouEssentials<ul><li>Successfully completed university degree in a quantitative field like mathematics or equivalent.</li><li>Qualified actuary with experience in costing or reserving of L&amp;H business.</li><li>Experience using programming/scripting languages (e.g., MATLAB, R, Python, SAS).</li></ul>Personality<ul><li>Curious nature with the ability to break down complexity into simple concepts.</li><li>Analytical skills; can pay attention to details without losing track of the bigger picture, able to handle large and complex data sets.</li><li>Creative, initiative person, dedicated to learn about insurance/reinsurance.</li><li>Excellent interpersonal and communication skills with good spoken and written English.</li></ul>About Swiss ReSwiss 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.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.

Structurer/Actuary (m/f/d)Company: Munich ReLocation: Munich, GermanyMunich Re Markets (“Markets”) is specialized in all types of strategic transactions for life insurance companies’ clients worldwide. This unit handles non-traditional business involving corporate finance, capital and risk management for life insurers through structured reinsurance, hedging, strategic risk transfer, and other transactions.Markets has developed and/or reinsured numerous individualized savings products worldwide and possesses the infrastructure to reinsure, administer, and manage risks for savings, retirement, and investment products. These reinsurance solutions typically involve combined financial markets and insurance risks while delivering a capital and/or risk management impact relevant to an insurer’s corporate finance management and planning.MR Markets is seeking a Structurer / Actuary (m/f/d) to join the Structuring Actuarial Team.The Munich Re Markets Structuring Actuarial Team is responsible for setting mortality and behavioral assumptions for the pricing of all LH6 transactions with a global focus. Examples of required assumptions include:<ul><li>Mortality tables and trends</li><li>Lapse assumptions</li><li>Withdrawal assumptions</li><li>Premium payment assumptions (persistency, top-ups, paid-up transitions, etc.)</li><li>Utilization timing and level</li><li>Annuitization incidence</li><li>And many other risks.</li></ul>To standardize actuarial assumption setting and to increase throughput, an actuarial assumption setting infrastructure (database, GUI, R library, analysis tools) is currently being built by the Team.Job Purpose:The main responsibilities of this role will be to support the further development of the Team’s infrastructure and tool landscape as well as performing experience studies and assumption setting for quotations on retirement and savings products (pricing, not valuation).Your Job:<ul><li>Expand and improve our tool library (mostly in R, some in Excel/VBA) as well as the interactions with our Database (SQL Server)</li><li>Analyze risk and profitability of life insurance and reinsurance products and in-force portfolios</li><li>Specify data requirements needed for experience studies and assumption setting</li><li>Perform experience analyses for incoming client transactions (prepare and clean the data, build data cubes, carry out data checks for validity and consistency, carry out Exploratory Data Analysis such as 1- and 2-way predictor analysis, correlation, and collinearity, determine clustering and binning of variables, clear documentation, etc.)</li><li>Research and understand the product, market, tax & regulatory environment as well as industry practice and relevant market experiences</li><li>Preparation of client engagement material (presentations, memos, reports) under the direction and guidance of experienced team members</li><li>Assist in developing appropriate reinsurance solutions encompassing accounting, regulatory and economic risk transfer aspects</li><li>Develop own professional understanding of client problem set and Munich Re solution set through interaction with the team</li><li>Possibility to become involved in cash-flow modelling (in particular, modelling the actuarial assumptions in the AON PathWise cash-flow modelling suite)</li></ul>Your Profile:<ul><li>High quality degree in mathematics, insurance/financial mathematics, statistics, computer science or business graduates with mathematical orientation</li><li>Proficient use of MS Word, Excel, Access</li><li>Proficient use of a statistical modeling software package or programming language (e.g. Matlab, R, Python etc.)</li><li>Financial Mathematics and/or Data Science and/or Actuarial training</li><li>Strong presentation skills</li><li>Proactive, analytical and innovative in solving problems and flexibility in relation to a continuously and rapidly changing environment</li><li>Ability to work within a team distributed over various locations</li><li>Fluent English speaker (other languages also advantageous)</li><li>Intrinsic motivation, high personal integrity, joy in meeting challenges</li></ul>About Us:As the world's leading reinsurance company with more than 11,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into a manageable risk, we enable fundamental change.Together we embrace a culture where multiskilled teams dare to think big. We create the new and the different for our clients and cultivate innovation.Unlock Your Potential:<ul><li>Diversity, Equity & Inclusion: We embrace the power of differences and are convinced that diversity fosters innovation and resilience.</li><li>Continuous Learning: We believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.</li><li>Career Mobility: We actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you.</li></ul>Rewards & Recognition:<ul><li>Competitive salary: Appropriate compensation for your high level of commitment.</li><li>Retirement provision: State of the art in-house pension solutions.</li><li>Work-life balance: Promoting the compatibility of family and work in addition to overall work-life balance.</li><li>Health management: Focus on your physical and mental health far beyond legal requirements.</li><li>Hybrid working: Living the best of both worlds – we offer you a very flexible approach.</li></ul>Munich Re is an equal opportunities employer. Severely disabled candidates will also be prioritized if equally qualified.

Life Pricing ActuaryCompany: Munich ReLocation: Madrid, SpainThe Risk and Pricing regional department based in Madrid is responsible for providing Munich Re's businesses in the markets of Southern Europe (Spain, Portugal, Italy, and Malta) and Latin America with best-in-class actuarial and risk management services.We are looking for an Actuary to join the Pricing team, under the regional Head of Risk and Pricing, supporting the region in underwriting and pricing of life and health reinsurance business, with experience in pricing, product development, and risk management. In this role, the actuary will work closely with the client managers and the other business origination units in the development and implementation of a strategic business plan in reinsurance solutions, and various projects of the department.As a member of the regional Pricing team, the actuary will join a community of Life and Health actuarial experts across Europe and Latin America, and from a business perspective will report to the Actuarial Pricing Manager.Your Job<ul><li>Provision of technical services to clients with a focus on Latin America, including the Brazilian market, in coordination with the local staff, particularly for the acquisition of new business and the maintenance of existing business, with specific support to Client Management, Business Development, and Financial Reinsurance teams</li><li>Support in the derivation of the best estimate bases and their timely updating</li><li>Support for product development initiatives, in close cooperation with MR experts in Madrid, Munich, and London</li><li>Support in the monitoring and valuation of existing and new business</li><li>Execution of risk management processes, especially with high-risk business</li><li>Preservation, acquisition, and promotion of expertise and technical coordination, with a focus on international exchange</li><li>The position will be based in Madrid</li></ul>Your Profile<ul><li>University degree in statistics, mathematics, or actuarial science, ideally a fellow member of an internationally recognized Actuarial Association</li><li>Experience in life (re)insurance pricing, including life contingencies, probabilities, and reserving, ideally in different markets or products</li><li>Experience in modeling with the use of actuarial tools is a must, and knowledge of programming tools such as Visual Basic, R, Matlab, etc.</li><li>Fluent in Spanish and very good business English. Portuguese would be a plus</li><li>The candidate should demonstrate a high degree of:
 <ul><li>Independence and ability to set priorities</li><li>Motivation to work in teams and spread knowledge</li><li>Communication skills</li><li>Analytical skills</li><li>Personal responsibility and ownership</li><li>Ability to work under time pressure</li></ul></li></ul>About usAs the world's leading reinsurance company with more than 11,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into manageable risk, we enable fundamental change. Join us working on topics today that will concern society tomorrow, whether that be climate change, major construction projects, medical risk assessment, or even space travel.Together we embrace a culture where multiskilled teams dare to think big. We create the new and the different for our clients and cultivate innovation.Sounds like you? Push boundaries with us and be part of Munich Re.Unlock your potential<ul><li>Diversity, Equity & Inclusion: we embrace the power of differences and are convinced that diversity fosters innovation and resilience and enables us to act braver and better.</li><li>Continuous Learning: we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.</li><li>Career Mobility: we actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you.</li></ul>Rewards & Recognition<ul><li>Competitive salary: appropriate compensation for your high level of commitment.</li><li>Retirement provision: state-of-the-art in-house pension solutions.</li><li>Work-life balance: promoting the compatibility of family and work in addition to overall work-life balance.</li><li>Hybrid working: living the best of both worlds – we offer you a very flexible approach.</li></ul>If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!

Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation.Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues.Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers.This position will be responsible for: Performance and communication of the Independent Validation of Canada Life’s Internal Model. A key role that contributes to the CRO’s Opinion of the ongoing appropriateness of the Internal Model.<ul><li>Deliver Independent Validation of the Internal Model for CLL and also in support of oversight at CLG. Regular activities include:
 <ul><li>Perform Independent Validation reviews of Internal Model components, ensuring reviews are preceded by an agreed Terms of Reference.</li><li>Confirm factual accuracy of findings with stakeholders and summarise points into Executive-level reports. Obtain explicit management responses and agreement of remedial actions. Monitor progress on addressing findings raised, escalating where necessary, and challenge the evidence of remediation before closing findings.</li><li>Support the maintenance of a rolling schedule of review activity to provide appropriate coverage of Solvency II requirements.</li><li>Maintain effective records of review evidence and Risk Opinions.</li><li>Ensure work performed is in line with the CLG Internal Model Governance Policy and Solvency II requirements.</li></ul></li><li>Perform additional second line review activity, as appropriate:
 <ul><li>(Non-PIM) Model Risk Reviews and Management (Growing Area)</li><li>Perform other second line risk reviews, in support of the wider delivery of the Risk Team’s annual plan e.g. Pricing/Business Strategy.</li><li>Input to the wider ORSA process, as appropriate.</li><li>Provide Risk Opinions on key Internal Model activity including Model Changes.</li><li>Perform second line review of CLL’s Standard Formula Appropriateness Assessments.</li></ul></li><li>As required, attend Internal Model governance bodies.
 <ul><li>Support the annual review of Terms of Reference for Internal Model governance bodies.</li></ul></li><li>Manage stakeholder relationships in respect of the Internal Model.
 <ul><li>Maintain collaborative relationship with the CLG Risk Team, to ensure appropriate support is provided to help inform the CLG CRO’s Opinion of the ongoing appropriateness of the Internal Model at a CLG-level.</li><li>Support engagement with the PRA in respect of the Internal Model, and external parties, as appropriate.</li></ul></li><li>Maintain the Internal Model Standards documents that underpin CLG Internal Model Governance Policy, and ensure ongoing compliance with Solvency II requirements.</li></ul>Benefits of working at Canada LifeWe believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that’s regularly reviewed. As a Canada Life UK colleague, you’ll receive a competitive salary and comprehensive reward package including a generous pension and bonus scheme, along with, income protection, private medical insurance and life assurance. We have a fantastic number of other benefits and support services as well as regular personal and professional development.How we work at Canada LifeOur culture is unique and incredibly important to us. We care about doing the right thing for our people, customers and community and helping others to build better futures. Our blueprint behaviours shape and influence how we work, and are central to the relationships we have with others. Every day we are encouraged to be more curious, own the outcome, face into things together and find a way forward.We want colleagues to have rewarding careers with us so we invest in the development of our people, technology and workplaces. That’s why we offer a range of training, flexible working and opportunities to grow and develop.Diversity and inclusionBuilding an inclusive workplace with a diverse workforce where everyone can feel they belong and achieve their potential regardless of gender, ethnicity or any other characteristic is a key commitment for us. We are proud of the progress we’re making in DEI, and we continue for it to be a significant focus.“At Canada Life we believe in the power of great people from different backgrounds, experiences and perspectives coming together to build better futures. Emerging talent is crucial to our growth and creating an environment that continues to inspire us all.” Nick Harding, Chief People Officer, Canada Life UKWe appreciate that everyone has different work and life responsibilities. We’re happy to discuss flexible working arrangements, including part time, for any of our roles should this be a requirement for.

About the team<ul><li>protecting and enabling steering of the Group's solvency</li><li>providing transparency on risks & costs of risk taking</li><li>ensuring controlled risk taking and</li><li>promoting a risk aware culture</li></ul>Solvency and Financial Risk Management combines Group Risk and Analytics and Financial Risk Management to pursue even closer collaboration between financial risk controlling and solvency management. Each focus area contributes to key risk and capital decisions in Swiss Re.Group Risk and Analytics (GRA) is the global center of competence for producing risk information and analysis for internal and external stakeholders as a basis for business decisions and compliance with regulatory requirements.The GRA team in Bangalore which is also known as Risk Aggregation & Analytics (RAA) comprises about 14 risk professionals with focus currently on analyzing our business and performing calculations with our internal capital model (Internal Capital Adequacy Model). The team works very closely with other areas of GRA in Switzerland, the internal model development team and our global reporting teams besides key business functions providing data and input into the risk models.Risk Aggregation & Analytics (RAA) is mainly responsible for:<ul><li>SST and SII aggregation processes on a quarterly and weekly basis</li><li>Report and consult on risk and solvency results on a quarterly and weekly basis</li></ul>About the RoleAs a member of our team, you will have the opportunity to grow your own expertise in risk and capital analytics and gain profound insights into our Life & health business across the globe. You will learn how Swiss Re selects risks and how senior management considers risk adjusted performance in business decisions.The role involves working together very closely with the other teams within RAA and Risk Reporting & Analytics (RRA) and Risk Modeling team along with other teams of SFRM based out of Zurich and a global network of risk officers in our hubs in Asia, Europe and the Americas.Role's description<ul><li>Support key tasks within the Life & health Team of Risk Aggregation & Analytics:
 <ul><li>Provide Analysis of change commentaries on Life & health risk profile and potentials per Group and other legal entities</li><li>Understand and use the capital model implemented for generating Life & health risk figures such as shortfall (tVaR and VaR), cost of capital, etc.</li><li>Analyze Life & health model input data using cashflow analysis techniques and prepare change analysis</li><li>Run calculations for regulatory reports and quarterly deliverables</li><li>Ensure timely delivery of all reports</li><li>Support legal entities in ad hoc requests related to the changes in risk profiles</li><li>Understand the reporting structure of various Life & Health businesses of Swiss Re</li><li>Maintain auditable documentation of process and analysis</li></ul></li><li>Understand Swiss Re's Internal Capital Model and take lead in Life & health risk's analysis</li></ul>The role is part of the Risk Aggregation & Analytics (RAA) team and you will report into the Head RAA, Bangalore.About You<ul><li>4-5+ years of relevant experience in re-/insurance industry preferably Life & health experience.</li><li>Basic knowledge about solvency frameworks and regulations (e.g. Swiss Solvency Test (SST), Solvency II)</li><li>Understanding of underwriting risk and/or financial market risk</li><li>Be able to deliver under pressure and communicate openly in case of obstacles</li><li>Knowledge of at least one programming language advantageous (preferable MATLAB, R or Python)</li><li>Team player with excellent interpersonal, writing, and analytical skills</li><li>Actuarial papers required</li></ul>Skills<ul><li>Good communication and interpersonal skills.</li><li>Strong analytical skills as well as high interest in quantitative tasks.</li><li>Self-starter with the ability to work with multiple stakeholders in an international, multi-cultural and diverse environment.</li></ul>About Swiss ReSwiss 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.

About the RoleAs a member of our team, you will have the opportunity to grow your own expertise in risk analytics and gain profound insights into our business. You will learn how Swiss Re selects risks and how senior management considers risk adjusted performance in business decisions.<ul><li>Support key tasks within the Property &amp; Casualty Team of Risk Aggregation &amp; Analytics:
 <ul><li>Provide Analysis of change commentaries on assigned P&amp;C potentials.</li><li>Understand and use the models implemented for generating risk metrics.</li><li>Analyze model input data and run calculations for regulatory reports and quarterly deliverables.</li><li>Ensure timely delivery of all reports</li><li>Support legal entities in ad hoc requests related to the changes in risk profiles.</li></ul></li><li>Understand Swiss Re's Internal Capital Model and take lead in Property and Casualty risk's analysis</li></ul>The role is part of the Risk Aggregation &amp; Analytics (RAA) team and you will report into the Head RAA, Bangalore.About You<ul><li>4+ years of relevant experience in re-/insurance industry preferably Property &amp; Casualty experience.</li><li>Basic knowledge about solvency frameworks and regulations (e.g. Solvency II, Swiss Solvency Test)</li><li>Understanding of underwriting risk and/or financial market risk</li><li>Be able to deliver under pressure and communicate openly in case of obstacles</li><li>Knowledge of at least one programming language (preferable MATLAB, R or Python)</li><li>Team player with excellent interpersonal, writing and analytical skills</li><li>Actuarial papers required</li></ul>Skills<ul><li>Good communication and interpersonal skills.</li><li>Strong analytical skills as well as high interest in quantitative tasks.</li><li>Self-starter with the ability to work with multiple stakeholders in an international, multi-cultural and diverse environment.</li></ul>About Swiss ReSwiss 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 &amp; Casualty and Life &amp; 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.

Munich Re North America (Life &amp; Health) has a dedicated Enterprise Risk Management (ERM) organization with the objective to control financial and non-financial risks, in order to enable an efficient allocation of capital, profitable growth and predictability in business results. The Senior Actuarial Associate, ERM will report to the VP of ERM (Business Risk).Your Job:Risk Monitoring and Reporting<ul><li>Support execution of the Munich Re Risk Monitoring framework.</li><li>Produce and analyse risk monitoring results (i.e., Risk Dashboard, Pandemic Exposure, Terrorism Exposure, Liquidity Risk, Accumulation risk, Volatility risk, etc.)</li><li>Produces quantitative analysis for the annual Own Risk and Solvency Assessment (ORSA) of the US Life entities</li><li>Produces Economic Solvency results (LEM) for North American Life entities</li></ul>Economic Risk Modelling<ul><li>Support development of the Economic Risk Capital (ERC) for Insurance Risk</li><li>Produce ERC for transactions</li><li>Calibrate and validate ERC model parameters and models</li></ul>Business Development<ul><li>Support second line of defense duties for Pricing activities such as:</li><li>Review of pricing frameworks</li><li>Sample quote reviews</li><li>Review of pricing models and tools</li></ul>Your Profile:<ul><li>ASA required with progress towards FSA</li><li>Bachelor's Degree in Statistics, Actuarial Science, Mathematics, Risk Management or related field</li><li>3+ year experience (including product design, features, and key risks) of life insurance products required. Life reinsurance experience preferred.</li><li>GGY AXIS modeling experience with expertise in building and validating models</li><li>MATLAB experience in coding and debugging models</li><li>Financial reporting experience with US Stat/Tax, US GAAP, SII, EV preferred.</li></ul>Our Benefits<ul><li>Comprehensive Medical Plans</li><li>PTO and Family Leave</li><li>Retirement Savings Plans</li><li>Dental and Vision Plans</li><li>Life and Disability insurance</li><li>Employee Assistance Program</li><li>Adoption Assistance</li><li>Wellness Programs - Calm, WW, SoFI, Virgin Pulse</li><li>Commuter Benefits</li><li>FSA and HSA Plans</li><li>Hospital Indemnity, Critical Illness and Accident Plans</li></ul>For New York City based employees, the base salary range anticipated for this position is $140,341 - $155,114, plus an opportunity for an annual company bonus based upon a percentage of eligible pay. The salary estimate displayed represents the typical salary range for candidates hired in this position. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role.At Munich Re US, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day.We recruit and develop talent with a focus on providing our customers the most innovative products and services. We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.About Munich ReTogether, we engage with everything we have and are, to help humankind act braver and better. As the world's leading reinsurance company with more than 40,000 employees in over 50 locations around the globe, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into manageable risk, we enable fundamental change.We recognize Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions. We dare to think big and are continuously innovating on behalf of our clients. Please note that only candidates who are selected for interview will be contacted directly. We thank all candidates for their interest.

Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation.Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues.Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers.This position will be responsible for:<ul><li>Performance and communication of the Independent Validation of Canada Life’s Internal Model.</li><li>A key role that contributes to the CRO’s Opinion of the ongoing appropriateness of the Internal Model.</li><li>Contribute to the wider delivery of the CLL Risk Team’s plan.</li><li>(Non-PIM) Model Risk Reviews and Management.</li><li>Contribute to Internal Model oversight at a CLG-level.</li><li>Maintain CLL’s Internal Model governance framework.</li></ul>Reports to the Head of Internal Model Oversight.1) Deliver Independent Validation of the Internal Model for CLL and also in support of oversight at CLG. Regular activities include:<ul><li>Perform Independent Validation reviews of Internal Model components, ensuring reviews are preceded by an agreed Terms of Reference.</li><li>Confirm factual accuracy of findings with stakeholders and summarise points into Executive-level reports. Obtain explicit management responses and agreement of remedial actions. Monitor progress on addressing findings raised, escalating where necessary, and challenge the evidence of remediation before closing findings.</li><li>Support the maintenance of a rolling schedule of review activity to provide appropriate coverage of Solvency II requirements.</li><li>Maintain effective records of review evidence and Risk Opinions.</li><li>Ensure work performed is in line with the CLG Internal Model Governance Policy and Solvency II requirements.</li></ul>2) Perform additional second line review activity, as appropriate:<ul><li>(Non-PIM) Model Risk Reviews and Management (Growing Area).</li><li>Perform other second line risk reviews, in support of the wider delivery of the Risk Team’s annual plan e.g. Pricing/Business Strategy.</li><li>Input to the wider ORSA process, as appropriate.</li><li>Provide Risk Opinions on key Internal Model activity including Model Changes.</li><li>Perform second line review of CLL’s Standard Formula Appropriateness Assessments.</li></ul>3) As required, attend Internal Model governance bodies.<ul><li>Support the annual review of Terms of Reference for Internal Model governance bodies.</li></ul>4) Manage stakeholder relationships in respect of the Internal Model.<ul><li>Maintain collaborative relationship with the CLG Risk Team, to ensure appropriate support is provided to help inform the CLG CRO’s Opinion of the ongoing appropriateness of the Internal Model at a CLG-level.</li><li>Support engagement with the PRA in respect of the Internal Model, and external parties, as appropriate.</li></ul>5) Maintain the Internal Model Standards documents that underpin CLG Internal Model Governance Policy, and ensure ongoing compliance with Solvency II requirements.Requirements:<ul><li>Experience in the life insurance industry.</li><li>Strong technical knowledge and an understanding of Solvency II capital requirement calibrations, and a good understanding of Solvency II as a whole.</li><li>Knowledge of Internal Model calibrations and if not already an expert in the various elements of risk modelling within the Canada Life model, possess the technical ability to rapidly become technically proficient in those areas.</li><li>A good working knowledge and understanding the “three lines of defence”, and the risk oversight role of the second line.</li><li>Strong report writing skills and ability to convert technical issues into clear, concise reports.</li><li>Good communication skills, demonstrating a clear and articulate standard of written and verbal communication in a complex environment, tailored for all levels of management.</li><li>Attention to detail and discipline in consistently applying rigour and ensure maintenance of audit trails.</li><li>Good influencing skills, with experience of engaging with senior management in order to get desired outcomes.</li><li>Good interpersonal/networking skills, with the ability to maintain a variety of relationships with multiple stakeholders.</li><li>Proven track record at delivering reporting requirements under tight time pressure.</li><li>Knowledge of MATLAB, R is a bonus.</li><li>Self-motivated, well-organised, pragmatic and able to perform tasks independently.</li><li>Qualified Actuary.</li></ul>How we work at Canada LifeOur culture is unique and incredibly important to us. We care about doing the right thing for our people, customers and community and helping others to build better futures. Our blueprint behaviours shape and influence how we work, and are central to the relationships we have with others. Every day we are encouraged to be more curious, own the outcome, face into things together and find a way forward.We want colleagues to have rewarding careers with us so we invest in the development of our people, technology and workplaces. That’s why we offer a range of training, flexible working and opportunities to grow and develop.Diversity and inclusionBuilding an inclusive workplace with a diverse workforce where everyone can feel they belong and achieve their potential regardless of gender, ethnicity or any other characteristic is a key commitment for us. We are proud of the progress we’re making in DEI, and we continue for it to be a significant focus.“At Canada Life we believe in the power of great people from different backgrounds, experiences and perspectives coming together to build better futures. Emerging talent is crucial to our growth and creating an environment that continues to inspire us all.” Nick Harding, Chief People Officer, Canada Life UKWe appreciate that everyone has different work and life responsibilities. We’re happy to discuss flexible working arrangements, including part time, for any of our roles should this be a requirement for.

This position will mainly act as the actuarial technical lead in the IFRS 17 reporting as well as the implementation of TFRS 17 for Allianz Ayudhya.The role as a technical lead will required to have:<ul><li>Natural aptitude in looking into / handling details, with unwavering curiosity to drive investigation / understanding of results to the fullest.</li><li>Excellent actuarial technical &amp; logical thinking skills to confidently articulate complex actuarial IFRS17 results / findings, and report to Chief Actuary / senior finance team / Regional / Group Office in a concise and succinct manner.</li><li>Act as go to person regarding IFRS17 topics for the Actuarial Department.</li><li>Able to lead, coach, challenge and motivate junior members of the IFRS17 team, and help team to improve over time.</li></ul>Your Day at Allianz Ayudhya1) Actuarial Valuation (IFRS 17)<ul><li>Be the actuarial technical lead in the IFRS 17 reporting.</li><li>Lead juniors in Corporate Actuarial and work closely with other local parties (e.g. Accounting, Investment and IT) to deliver all IFRS 17 business-as-usual (BAU) reporting deliverables as well as analyses.</li><li>Present analysis on the IFRS 17 Operating Profits to internal management &amp; regional/Group office.</li><li>Ensure the compliance of the IFRS 17 valuations with the IFRS 17 standards and Allianz Group internal policies and complete the regular audits. Optimize the valuation basis where appropriate.</li><li>Work with modelling team to automate &amp; streamline the IFRS 17 reporting process, to reduce the turnaround time.</li><li>Develop juniors in the technical understanding of IFRS 17.</li></ul>2) TFRS 17 implementation<ul><li>Work closely with Accounting &amp; IT and support the coordination of TFRS 17 implementation. Present project status, issues and any relevant technical topics in the working group meeting or as required.</li><li>Be the actuarial technical lead in the local implantation. Perform gap analysis and work with relevant parties to close the gaps. Study, propose and document the local positions on the various TFRS 17 technical topics.</li><li>Work with local reporting team to operationalize TFRS 17 as BAU reporting, ensuring the required systems &amp; processes are in place.</li><li>Participate in industry discussions / working groups in relation to TFRS 17.</li></ul>3) Actuarial Model Enhancement<ul><li>Guide junior staff and work with modelling team to define the requirements in developing and updating the actuarial model.</li><li>Perform independent review of model changes and complete model UAT. Quantify the financial impact and properly communicate the impact locally and to the regional/Group office.</li><li>Define outstanding issues of model/ methodology changes and follow-up on the implementation.</li></ul>4) Financial Modeling for Planning Dialogue / Strategic Dialogue<ul><li>Perform financial modeling in the annual budgeting exercises. Deliver all requirements timely and in good quality.</li><li>Provide analysis on the projections to explain the underlying drivers, for both internal management and for regional/Group office.</li></ul>5) Annual Assumption Review<ul><li>Lead juniors to complete annual assumption study (selected experience) as assigned. Analyze the experience * propose assumptions to Chief Actuary.</li></ul>Must Have<ul><li>Bachelor’s or Master’s Degree in Finance, Actuarial Sciences, Economics, Financial Engineering, or other related fields</li><li>Minimum 7 years experience in Reinsurance, Actuarial Valuation, Actuarial Pricing, or other related fields in insurance, preferably in Actuarial Valuation</li></ul>Nice to Have<ul><li>Knowledge of programming languages for statistical analysis and mathematical modelling (e.g. R, Python, Matlab, SQL)</li><li>Experience in data analysis and visualization as well as interpreting KPIs (e.g. PowerBI, Tableau)</li><li>Knowledge of data analytics software for insurance (e.g. Quantemplate, Reliable Software)</li><li>Knowledge of collaborative project management tools (e.g. Trello, JIRA, Asana)</li><li>Experience with cloud-based tools (e.g. Microsoft Azure, AWS)</li><li>Risk management and assessment skills</li><li>Mathematics and statistical/ actuarial knowledge</li><li>Programming skill for Internal Risk Capital Calculation</li><li>Strongly knowledge for Valuation, Corporate actuarial from life Insurance</li><li>Quantitative and analytical thinking skills</li><li>Coordination and communication skills with excellent in English communication</li></ul>

We are looking for an actuary who would join our team of professionals and help us continue to make the world more resilient!In Risk Management we provide Management and the Board(s) of Directors with assurance that Swiss Re has the resources to meet our obligations and help ensure Swiss Re's profitability and sustainable growth. Sound interesting?You will make sure that our Board(s) and Management are aware and understand the risks we face by bringing a broad and long-term perspective to protect Swiss Re's reputation and financial strength.You will work closely with finance and actuarial teams involved in costing, reserving, financial reporting, and capital management.Your main responsibilities will be the following:<ul><li>Providing independent review/opinion, challenge and oversight over actuarial methods used in valuing business, calculating reserves and capital while making use of data science techniques</li><li>Opine on whether a model is appropriate for its intended use and designed with sound rationale. Model Validator's are expected to specify the limitations and assess uncertainties in the output given by the model, and identify areas of model risk that model owners/developers will need to mitigate and/or monitor for the model to be used</li></ul>The team's remit is global and spans both Life &amp; Health and Property &amp; Casualty business, providing support to the Group Chief Actuary and Group CRO. Our team is also small and geographically dispersed, providing the opportunity to work in a variety of areas – both in terms of location or area of the business.Essentials:<ul><li>Successfully completed university degree in a quantitative field like mathematics or equivalent</li><li>Qualified actuary with experience in costing or reserving of Life &amp; Health business</li><li>Experience using programming/scripting languages (e.g., MATLAB, R, Python, SAS)</li></ul>Personality:<ul><li>Curious nature with the ability to break down complexity into simple concepts</li><li>Analytical skills; can pay attention to details without losing track of the bigger picture, able to handle large and complex data sets</li><li>Creative, initiative person, dedicated to learn about insurance/reinsurance</li><li>Excellent interpersonal and communication skills with good spoken and written English</li></ul>We are an equal opportunity employer, and we value diversity at our company. Our aim is to live visible and invisible diversity – diversity of age, race, ethnicity, nationality, gender, gender identity, sexual orientation, religious beliefs, physical abilities, personalities and experiences – at all levels and in all functions and regions. We also collaborate in a flexible working environment, providing you with a compelling degree of autonomy to decide how, when and where to carry out your tasks.We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.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. 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.

We are looking for an actuary who would join our team of professionals and help us continue to make the world more resilient!In Risk Management, we provide Management and the Board(s) of Directors with assurance that Swiss Re has the resources to meet our obligations and help ensure Swiss Re's profitability and sustainable growth.You will make sure that our Board(s) and Management are aware and understand the risks we face by bringing a broad and long-term perspective to protect Swiss Re's reputation and financial strength. You will work closely with finance and actuarial teams involved in costing, reserving, financial reporting, and capital management.<ul><li>Providing independent review/opinion, challenge and oversight over actuarial methods used in valuing business, calculating reserves and capital while making use of data science techniques</li><li>Opine on whether a model is appropriate for its intended use and designed with sound rationale. Model Validator's are expected to specify the limitations and assess uncertainties in the output given by the model, and identify areas of model risk that model owners/developers will need to mitigate and/or monitor for the model to be used</li></ul>The team's remit is global and spans both Life &amp; Health and Property &amp; Casualty business, providing support to the Group Chief Actuary and Group CRO. Our team is also small and geographically dispersed, providing the opportunity to work in a variety of areas – both in terms of location or area of the business.Essentials<ul><li>Successfully completed university degree in a quantitative field like mathematics or equivalent</li><li>Qualified actuary with experience in costing or reserving of Life &amp; Health business</li><li>Experience using programming/scripting languages (e.g., MATLAB, R, Python, SAS)</li></ul>Personality<ul><li>Curious nature with the ability to break down complexity into simple concepts</li><li>Analytical skills; can pay attention to details without losing track of the bigger picture, able to handle large and complex data sets</li><li>Creative, initiative person, dedicated to learn about insurance/reinsurance</li><li>Excellent interpersonal and communication skills with good spoken and written English</li></ul>We are an equal opportunity employer, and we value diversity at our company. Our aim is to live visible and invisible diversity – diversity of age, race, ethnicity, nationality, gender, gender identity, sexual orientation, religious beliefs, physical abilities, personalities and experiences – at all levels and in all functions and regions. We also collaborate in a flexible working environment, providing you with a compelling degree of autonomy to decide how, when and where to carry out your tasks.We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.About Swiss ReSwiss 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. 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.

We are looking for an actuary to join our Credit Risk Modelling and Asset Optimisation team to support the modelling, analysis and reporting of our IFRS17 Credit Default Allowance. You will:1) Own the production of regular IFRS17 valuations and reporting in accordance with the relevant standards and regulations for the UK, Canada, Ireland and Reinsurance Divisions. This involves:<ul><li>Accurate and timely production of IFRS 17 default allowance metrics, including quarterly results, analysis of change and regular trigger monitoring.</li><li>Review modelled output and identify, investigate and resolve any issues with the default allowance reporting. Where appropriate identify the root cause and work with relevant teams to ensure the issue is not repeated.</li><li>Produce reporting packs for any relevant committees and working groups.</li><li>Communicate results to global stakeholders and UK senior management, and provide insight and recommendations as necessary.</li></ul>2) Support improvements to reach an established process:<ul><li>Regular review and maintenance of the underlying methodology in accordance with the relevant standards and regulations. Present any proposed changes to senior management to get their sign off.</li><li>Continuous improvement of the processes and maintenance of process documentation to reach an efficient and established process.</li><li>Support relevant initiatives and projects across the business for IFRS17.</li><li>Produce management information and other papers for any relevant committee and working groups.</li><li>Work with users of the IFRS17 Credit Model across departments such as investment and pricing teams to identify if the output meets their needs, and develop alternative output if needed.</li><li>Support any stress and scenario testing for the Credit Default Allowance.</li></ul>3) General Responsibilities:<ul><li>Ensure familiarity with risk management programs, and follow appropriate risk management procedures to control, monitor and report on business activities.</li><li>Ensure compliance with Company policies, regulatory, professional &amp; legal requirements.</li><li>Mentor and coach part-qualified actuaries and other actuarial support colleagues to support their development.</li></ul>Technical Expertise:<ul><li>Experience with valuation / reporting work and practical experience with setting actuarial basis.</li><li>Understanding and ability to implement/maintain an actuarial control framework.</li><li>Prior experience with Credit Risk and / or IFRS17 would be advantageous.</li><li>Strong commercial awareness and understanding of the needs of the business. Will be able to apply technical actuarial techniques and understand business/commercial implications.</li><li>Willing and capable of taking difficult and complex decisions in order to progress issues, and able to exercise sound judgement and commercial sense to understand the importance of different issues and assess when matters need to be escalated.</li><li>Prior experience with Matlab would be advantageous.</li></ul>Communication:<ul><li>Excellent analytical and report writing/drafting skills.</li><li>Strong communication skills, demonstrating a clear and articulate standard of written and verbal communication in a complex environment, tailored for all levels of management.</li><li>Strong ability to adapt messages to the audience, in a format that is easily understood by non-technical colleagues.</li></ul>Relationship Building:<ul><li>The ability to develop and maintain strong relationships across the actuarial function and the wider business, acting with integrity and role modelling the company values at all times.</li><li>Strong interpersonal/networking skills, with the ability to maintain a variety of relationships with multiple stakeholders.</li></ul>Problem Solving:<ul><li>Able to effectively plan, organise and execute their own work with little supervision, making management aware of conflicting priorities and readjusting their workload accordingly.</li><li>Good problem solving skills and attention to detail, being able to identify issues and interdependencies, recommending a course of action with support and guidance from colleagues.</li><li>Proactive approach to tasks and taking on new responsibilities.</li></ul>Taking Initiative:<ul><li>Exceptional problem-solving skills and attention to detail with demonstrable ability in spotting issues, interdependencies and challenges to ensure work is produced to an accurate, commercial and informed standard.</li><li>Able to effectively plan, organise and execute their own work with minimal supervision, using their sound judgement to spot conflicting priorities and readjust their workload accordingly, with escalation to management only when appropriate.</li><li>Self-motivated, well-organised, pragmatic and able to perform tasks independently.</li><li>Fellow of Institute of Actuaries (or equivalent).</li></ul>About Canada LifeCanada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903.We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues. Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers.What you’ll like about working here:As a Canada Life UK colleague, you’ll receive a competitive salary and comprehensive reward package including income protection, private medical insurance and life assurance, along with a generous pension and bonus scheme. You’ll also receive the support you need with your personal and professional development.Diversity and inclusion:Canada Life is committed to a diverse and inclusive workplace. Our role as an employer of choice is to provide the right environment for talented people to do their best work, by respecting, understanding and valuing individual differences.We appreciate that everyone has different work and life responsibilities. We’re happy to discuss flexible working arrangements, including part time, for any of our roles should this be a requirement for.

About the RoleWe have an exciting opportunity for a technically strong individual with a reserving and modelling background combined with good interpersonal skills to join our P&amp;C actuarial team in Risk Management. In this role, you will be responsible for developing and maintaining the new P&amp;C reserving platform developed in-house.Your responsibilities will include coordinating change management activities with actuaries across the globe and across Business Units related to future features releases, maintaining the distribution algorithm logic, providing guidance to IT on actuarial specification, planning and providing relevant training activities to the user community on specific features or new releases, and supporting specific research &amp; development activities around reserving (i.e. portfolio segmentation).About the TeamOur small team supports the Reserving community globally across the various business units (Reinsurance, Corporate Solutions, iptiQ). You will report to the Head of P&amp;C reserving System development and ensure successful implementation of new reserving method and application improvement.About You<ul><li>You have at least 5 years experience in P&amp;C reinsurance or insurance as an actuary or a risk modeler.</li><li>You are a qualified or part-qualified actuary member of an actuarial body affiliated to the International Actuarial Association</li><li>You have strong modelling experience and experienced with various computer programming languages such as R, Python, C++, Matlab, VBA</li><li>You are analytical, of a curious nature with the ability to break down complexity into simple concept.</li><li>You love learning and are able to use your experience and knowledge to find creative solutions where none currently exist. You are adaptable and open to change.</li></ul>Depending on experience we might also consider candidates that are close to be qualified.About Swiss ReSwiss 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. 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.

Team: Credit Risk Modelling and Asset Optimisation – IFRS17Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organization.Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues.Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers.Support the modeling, analysis and reporting of Great-West Lifeco’s IFRS17 Credit Default Allowance.1) Own the production of regular IFRS17 valuations and reporting in accordance with the relevant standards and regulations for the UK, Canada, Ireland, and Reinsurance Divisions. This involves:<ul><li>Accurate and timely production of IFRS 17 default allowance metrics, including quarterly results, analysis of change and regular trigger monitoring.</li><li>Review modeled output and identify, investigate and resolve any issues with the default allowance reporting. Where appropriate identify the root cause and work with relevant teams to ensure the issue is not repeated.</li><li>Produce reporting packs for any relevant committees and working groups.</li><li>Communicate results to global stakeholders and UK senior management, and provide insight and recommendations as necessary.</li></ul>2) Support improvements to reach an established process:<ul><li>Regular review and maintenance of the underlying methodology in accordance with the relevant standards and regulations. Present any proposed changes to senior management to get their sign off.</li><li>Continuous improvement of the processes and maintenance of process documentation to reach an efficient and established process.</li><li>Support relevant initiatives and projects across the business for IFRS17.</li><li>Produce management information and other papers for any relevant committee and working groups.</li><li>Work with users of the IFRS17 Credit Model across departments such as investment and pricing teams to identify if the output meets their needs, and develop alternative output if needed.</li><li>Support any stress and scenario testing for the Credit Default Allowance.</li></ul>3) General Responsibilities:<ul><li>Ensure familiarity with risk management programs and follow appropriate risk management procedures to control, monitor and report on business activities.</li><li>Ensure compliance with Company policies, regulatory, professional &amp; legal requirements.</li><li>Mentor and coach part-qualified actuaries and other actuarial support colleagues to support their development.</li></ul>Technical Expertise:<ul><li>Experience with valuation / reporting work and practical experience with setting actuarial basis.</li><li>Understanding and ability to implement/maintain an actuarial control framework.</li><li>Prior experience with Credit Risk and/or IFRS17 would be advantageous.</li><li>Strong commercial awareness and understanding of the needs of the business. Will be able to apply technical actuarial techniques and understand business/commercial implications.</li><li>Willing and capable of taking difficult and complex decisions in order to progress issues and able to exercise sound judgment and commercial sense to understand the importance of different issues and assess when matters need to be escalated.</li><li>Prior experience with Matlab would be advantageous.</li></ul>Communication:<ul><li>Excellent analytical and report writing/drafting skills.</li><li>Strong communication skills, demonstrating a clear and articulate standard of written and verbal communication in a complex environment, tailored for all levels of management.</li><li>Strong ability to adapt messages to the audience, in a format that is easily understood by non-technical colleagues.</li></ul>Relationship Building:<ul><li>The ability to develop and maintain strong relationships across the actuarial function and the wider business, acting with integrity and role modelling the company values at all times.</li><li>Strong interpersonal/networking skills, with the ability to maintain a variety of relationships with multiple stakeholders.</li></ul>Problem Solving:<ul><li>Able to effectively plan, organize, and execute their own work with little supervision, making management aware of conflicting priorities and readjusting their workload accordingly.</li><li>Good problem-solving skills and attention to detail, being able to identify issues and interdependencies, recommending a course of action with support and guidance from colleagues.</li><li>Proactive approach to tasks and taking on new responsibilities.</li></ul>Taking Initiative:<ul><li>Exceptional problem-solving skills and attention to detail with demonstrable ability in spotting issues, interdependencies, and challenges to ensure work is produced to an accurate, commercial, and informed standard.</li><li>Able to effectively plan, organize, and execute their own work with minimal supervision, using their sound judgment to spot conflicting priorities and readjust their workload accordingly, with escalation to management only when appropriate.</li><li>Self-motivated, well-organized, pragmatic, and able to perform tasks independently.</li><li>Fellow of Institute of Actuaries (or equivalent).</li></ul>What you’ll like about working here:As a Canada Life UK colleague, you’ll receive a competitive salary and comprehensive reward package including income protection, private medical insurance, and life assurance, along with a generous pension and bonus scheme. You’ll also receive the support you need with your personal and professional development.Diversity and inclusion:Canada Life is committed to a diverse and inclusive workplace. Our role as an employer of choice is to provide the right environment for talented people to do their best work, by respecting, understanding, and valuing individual differences.We appreciate that everyone has different work and life responsibilities. We’re happy to discuss flexible working arrangements, including part-time, for any of our roles should this be a requirement.

Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation.Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues.Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers.About the role</pb>As an experienced qualified actuary at Canada Life you will be responsible for leading actuarial, statistical and financial insight and analysis to senior management, overseeing analysis and insight produced by other actuaries where appropriate and leading small to medium-sized teams of qualified and part-qualified actuaries and analysts. Using your significant specialist technical expertise and solid commercial understanding you will take a lead within the team and function to advise the business and influence decisions, ensuring that we are managing risk to the business in line with Canada Life’s risk appetite, complying with our statutory responsibilities and meeting the needs of our policyholders and regulators.This role sits in Canada Life’s credit risk team and will work closely with the investment, finance, and actuarial functions. More specifically, this role is in a sub-team that focuses on the capital modelling and structuring of equity release mortgages and other illiquid assets. This includes:<ul><li>Analyzing data and making recommendations for modeling equity release mortgage risks captured in Canada Life’s Solvency II internal model</li><li>Designing and rating equity release mortgage structured cashflows</li><li>Improving rating and structuring efficiency for equity release mortgages and other illiquid asset classes</li><li>Carrying out regular reporting including SCR calculations, stress and scenario testing, the equity release mortgage effective value test, and other results when requested</li><li>As the role sits between multiple functions, it will work with multiple senior stakeholders such as the Chief Actuary, CFO, CRO, and CIO.</li></ul>Accountable for providing accurate modeling, financial analysis, advice and support to a range of areas of the business, taking ownership for making considered and commercially astute recommendations. Utilizing your subject matter expertise in your actuarial discipline to analyze risk factors to demonstrate understanding and management of risk exposure to the organization, taking accountability for appropriate action to manage and, where appropriate, mitigate risk exposure.Leading risk analysis activity within your discipline, you will be responsible for effectively operating cross-functionally across the business on BAU and project activities, where the key to success will be demonstrating initiative combined with your ability to collaborate and influence senior stakeholders across different teams and disciplines and other areas of the Canada Life group.Communicate to senior executives (Executive Director Individual Business, CFO, Head of Actuarial Function and other Heads of Function and Director level stakeholders), in an appropriate manner, the impact, financial and otherwise, of the various actuarial investigations, reports, recommendations, and analyses and provide recommendations to senior executives to ensure successful business operation.Additionally, using your experience and your deep knowledge of the business and the work done by your team, you will consider developmental opportunities, making recommendations to your line manager to improve operational efficiency and competitive advantage. Initiating and overseeing the production of regular reports and annual/longer-term plans undertaken by other actuaries, taking accountability for leading the continuous review and improvement of department processes and procedures. Your oversight will take into account up-to-date industry developments and issues to ensure the provision of a timely, accurate, commercial and efficient actuarial service to the business and key stakeholders across the business.Oversee and implement actuarial control frameworks, initiating regular review of appropriate actuarial controls and analysis. Ensuring insight and commentary for senior managers and boards is written to a high standard and complies with legislation and our own internal control requirements.Manage, coach, develop and motivate a team of qualified and part-qualified actuaries in order to optimize the performance of the team in line with the Division's objectives. You will be responsible for reviewing the recommendations of qualified and part-qualified actuaries and providing feedback, coaching and mentoring to support their development. Develop the skills and knowledge of team members so that they have the expertise to achieve the business requirements, as well as maximizing individual development.Communication<ul><li>Strong communication skills, demonstrating a clear and articulate standard of written and verbal communication in a complex environment, tailored for all levels of management, including Board level.</li><li>Strong ability to adapt messages to the audience, without prompting or significant coaching, in a format that is easily understood by non-technical colleagues</li><li>Strong influencing skills, with experience of engaging with Boards and senior management in order to get the desired outcome.</li></ul>Relationship Building<ul><li>The ability to develop and maintain strong relationships across the actuarial function and the wider business, acting with integrity and role modeling the company values at all times.</li><li>Strong interpersonal/networking skills, with the ability to maintain a variety of relationships with multiple stakeholders.</li><li>Ability to flex their style and delivery, in the moment, depending on the individual and/or audience.</li></ul>Taking Initiative<ul><li>Exceptional problem-solving skills and attention to detail with demonstrable ability in spotting issues, interdependencies and challenges to ensure work is produced to an accurate, commercial and informed standard.</li><li>Self-motivated, well-organized, pragmatic and able to perform tasks independently.</li></ul>Developing Self and Others<ul><li>Strong skills and experience in managing and motivating a team from a diverse range of professional backgrounds and with varying levels of experience.</li><li>Strong coaching ability in technical and non-technical skills to support the development of others.</li><li>An interested and inquisitive individual who is committed to their own ongoing professional and personal development.</li></ul>Qualifications and additional preferred experience<ul><li>Fellow of Institute of Actuaries (or equivalent).</li><li>Have previously worked in capital modeling for a life insurance company and have a good understanding of the Solvency II SCR.</li><li>Understanding of equity release mortgage modeling would be desirable.</li><li>Understanding of illiquid asset structuring would be desirable.</li><li>Experience in VBA, Matlab or Python be desirable.</li></ul>What you’ll like about working hereAs a Canada Life UK colleague, you’ll receive a competitive salary and comprehensive reward package including income protection, private medical insurance and life assurance, along with a generous pension and bonus scheme. You’ll also receive the support you need with your personal and professional development.Diversity and inclusionCanada Life is committed to a diverse and inclusive workplace. Our role as an employer of choice is to provide the right environment for talented people to do their best work, by respecting, understanding and valuing individual differences.We appreciate that everyone has different work and life responsibilities. We’re happy to discuss flexible working arrangements, including part-time, for any of our roles should this be a requirement for you.

Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation.Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues.Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers.Job Purpose
Support the modelling, valuation and reporting of Great-West Lifeco’s UK equity release mortgage (ERM) portfolios and the modelling and reporting of inflation risk for Canada Life UK Division.Key AccountabilitiesSupport production of regular ERM valuations and reporting in accordance with the relevant standards and regulations for the UK, Canada, Ireland and Reinsurance Divisions, including:<ul><li>Accurate and timely production of IFRS 17 and Solvency II metrics, including base and stressed valuations, quarterly reporting packs, analysis of change, risk reporting, investment reporting.</li><li>Identify, investigate and resolve any issues with the ERM reporting. Where appropriate identify the root cause and work with relevant teams to ensure the issue is not repeated.</li><li>Communicate ERM valuation results to global stakeholders and UK senior management, and provide insight and recommendations as necessary.</li><li>Review the valuation basis for ERMs in accordance with the relevant standards and regulations. Present the proposal to senior management to get their sign off.</li><li>Provide input/support on ERM’s to the internal modelling team, Home Finance team and ERM pricing team, as necessary.</li><li>Continuous improvement of the processes and maintenance of process documentation.</li><li>Support relevant initiatives and projects across the business for ERMs.</li></ul>Support inflation risk reporting as required, including:<ul><li>Accurate and timely production of inflation curves for reporting, pricing and investment teams.</li><li>Produce management information and other papers for the Asset/Liability Committee and working groups.</li><li>Communicate inflation MI to the Investment team and support development of appropriate trading strategies.</li><li>Enhance the inflation risk management framework within the UK division.</li><li>Specify enhancements to the inflation model, test model changes and ensure model and process documentation is kept up to date.</li><li>Support the development of Solvency II Inflation risk internal model.</li><li>Provide inflation risk assessments and support stress and scenario testing for the ORSA.</li></ul>General Responsibilities:<ul><li>Ensure familiarity with risk management programs, and follow appropriate risk management procedures to control, monitor and report on business activities.</li><li>Ensure compliance with Company policies, regulatory, professional &amp; legal requirements.</li></ul>Desired Knowledge / Experience / SkillsTechnical Expertise<ul><li>Experience with valuation / reporting work and practical experience with setting actuarial basis.</li><li>Understanding and ability to implement/maintain an actuarial control framework.</li><li>Prior experience with ERMs and / or inflation risk would be advantageous.</li><li>Strong commercial awareness and understanding of the needs of the business. Will be able to apply technical actuarial techniques and understand business/commercial implications.</li><li>Willing and capable of taking difficult and complex decisions in order to progress issues, and able to exercise sound judgement and commercial sense to understand the importance of different issues and assess when matters need to be escalated.</li><li>Prior experience with Matlab, VBA or R would be advantageous.</li></ul>Communication<ul><li>Strong communication skills, demonstrating a clear and articulate standard of written and verbal communication in a complex environment, tailored for all levels of management.</li><li>Strong ability to adapt messages to the audience, in a format that is easily understood by non-technical colleagues.</li></ul>Relationship Building<ul><li>The ability to develop and maintain strong relationships across the actuarial function and the wider business, acting with integrity and role modelling the company values at all times.</li><li>Strong interpersonal/networking skills, with the ability to maintain a variety of relationships with multiple stakeholders.</li></ul>Problem Solving<ul><li>Able to effectively plan, organise and execute their own work with little supervision, making management aware of conflicting priorities and readjusting their workload accordingly.</li><li>Good problem solving skills and attention to detail, being able to identify issues and interdependencies, recommending a course of action with support and guidance from colleagues.</li><li>Proactive approach to tasks and taking on new responsibilities.</li></ul>Taking Initiative<ul><li>Exceptional problem-solving skills and attention to detail with demonstrable ability in spotting issues, interdependencies and challenges to ensure work is produced to an accurate, commercial and informed standard.</li><li>Self-motivated, well-organised, pragmatic and able to perform tasks independently.</li><li>Fellow of Institute of Actuaries (or equivalent).</li></ul>What you’ll like about working hereAs a Canada Life UK colleague, you’ll receive a competitive salary and comprehensive reward package including income protection, private medical insurance and life assurance, along with a generous pension and bonus scheme. You’ll also receive the support you need with your personal and professional development.Diversity and inclusionCanada Life is committed to a diverse and inclusive workplace. Our role as an employer of choice is to provide the right environment for talented people to do their best work, by respecting, understanding and valuing individual differences.We appreciate that everyone has different work and life responsibilities. We’re happy to discuss flexible working arrangements, including part time, for any of our roles should this be a requirement for you.

Our Actuarial team are hiring and we’re now recruiting for an Assurance Actuary to join our Group Risk function on a Permanent basis from our London office.As a Actuary in the Group Risk team you’ll report to our Head of Model Validation and support the Chief Actuary in fulfilling regulatory responsibility for the Actuarial Function (SIMF20) and provide Second Line review and challenge so that users of actuarial information can have confidence in its accuracy and reliability.You’ll prepare validation reports related to technical provisions and the internal model and provide support to the actuarial function report(s) to demonstrate the company’s ongoing compliance with Solvency II requirements.Moreover you will contribute to the effective implementation of risk management across business actuarial teams and play a lead role in supporting the Group Chief Actuary in delivery of the SIMF20 role and team plan.This role will suit a qualified actuary or senior student with a strong life insurance background and previous experience within an internal model or validation team. Exposure to using software such as MATLAB/R/Python and statistical knowledge of validation tests would be beneficial.You willHave significant involvement in the validation of the internal model by:<ul><li>Developing validation tools to ensure the internal model meets the necessary Solvency 2 standards</li><li>Producing models to replicate or sensitivity test using MATLAB/R/Python</li><li>Producing validation reports on components of the internal model</li><li>Reviewing of regulatory submission to the PRA related to the model</li></ul>Gain exposure to the wider areas of work performed in the Chief Actuary team, such as:<ul><li>Monitor the sufficiency of premiums and the adequacy of pricing frameworks, pricing models and pricing controls</li><li>Review of reinsurance contracts and reporting on the adequacy of reinsurance arrangements</li><li>Review and provide validation opinions on the appropriateness of demographic, expense and other technical provision assumptions</li><li>Validate the technical provisions within Solvency 2 regulatory reporting, including the matching adjustment and transitional measures.</li><li>Provide the audit committee with assurance on the technical provisions related to IFRS reporting.</li><li>Recommend improvements to data governance and highlight potential impacts on technical provisions from data deficiencies</li><li>Actively engage in allocated business projects to communicate and manage key risks as appropriate to the Chief Actuary</li><li>Produce validation reports on components of the internal model</li><li>Contribute to the effective implementation of risk management across business actuarial teams</li></ul>You<ul><li>Qualified Actuary or senior student</li><li>Previous experience in a number of actuarial roles including valuation, capital management, internal model, ALM, experience monitoring</li><li>Demonstrated technical expertise in at least two different areas of actuarial work</li><li>Ability to apply risk management techniques to quantify and manage financial risks</li><li>Experience of relevant modelling software such as MATLAB, Python or R</li><li>Strong technical skills and knowledge of Solvency 2</li><li>Ability to practically apply good risk management to distinguish material errors and issues from trivial issues</li></ul>Working for us, you get your Just Rewards…<ul><li>Such as a Competitive Salary, Pension Scheme and Life Assurance</li><li>Along with 25 Days Annual Leave plus an Additional Day on us for your Birthday</li><li>Private Medical Cover and Income Protection, just in case</li><li>A Bonus Scheme that takes a balanced approach and looks at both &#96;in role performance’ but also &#96;the behaviours and attitudes you exhibit at work’</li><li>FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical &amp; Mental Health First Aiders (On-Site)</li><li>Plus we have a variety of Employee Funded Benefits available to our Employees via our Online Benefits Portal</li></ul>

<div>Job DescriptionA Pricing Actuary to support our Singapore hub P&amp;C reinsurance business sourced from the APAC region (property, engineering, casualty, marine, credit &amp; surety). The role covers all aspects of pricing, model and pricing tool development, market rate knowledge and benchmark analysis as well as specific deal information working closely with the underwriters.This will be a 6 months contract with a potential to be converted to a permanent roleResponsibilities<ul><li>Pricing of reinsurance transactions and internal retrocession treaties</li><li>Contribution to growth and profitability</li><li>Supervision and peer review the work of actuaries from other offices/platforms within/outside of SCOR who are engaged to support the renewal seasons</li><li>Close collaboration with the underwriting team, including attending and travelling to client and broker meetings</li><li>Pricing, data analytics, and product development services for our clients</li><li>Reports on pricing and expected profitability for the Underwriting department</li><li>Interaction with Reserving to assure that the output of the pricing process is reflected initially in Reserving and included in the management reports</li><li>Development of studies to improve pricing parameters and to evaluate the profitability of various segments of business</li><li>Support of the development of actuarial tools and methods, including data analytics</li><li>Appropriate utilisation of pricing and evaluation tools</li><li>Networking on actuarial subjects, both internal and external</li><li>Support of the cat modelling team in respect of the creation and the update of nat cat models including testing</li></ul>QualificationsExperience:<ul><li>Open to fresh graduates</li><li>Reinsurance treaty experience is a plus</li><li>Good communication skills and experience working with underwriters and clients</li><li>Practical work / programming experience in MS Excel, VBA, SQL, R, Matlab, etc.</li></ul>Personal Competences:<ul><li>Strong pragmatic problem solving capabilities</li><li>Good team spirit, inter-personal competency</li></ul>Required Education <ul><li>University degree in Mathematics or a related discipline with strong focus on maths</li></ul>Duration<ul><li>This will be a 6 months contract with a potential to be converted to a permanent role</li></ul>About usSCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Leveraging experience and expertise to deliver “The Art &amp; Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – from Life &amp; Health and Property &amp; Casualty insurance to Investments. Our specialized teams operate in over 160 countries, fostering long-term relationships with clients.In order to provide our clients with a broad range of innovative reinsurance solutions, SCOR pursues an underwriting policy that is founded on profitability and supported by effective risk management strategy and a prudent investment policy. This approach allows us to offer clients an optimum level of security, to create value for shareholders, and to contribute to the welfare and resilience of society by helping to protect insureds against the risks they face.At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group. We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR’s success.</div>

Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues. Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers. The role holder will lead the development and maintenance of models and system that Canada Life use to calculate regulatory capital for complex assets (public and private credit, commercial mortgages, equity release mortgages, etc).  
Such models and system will also be used to support high quality business decision making such as the choice of asset strategy and risk mitigation techniques. This ensures we are managing risk to the business in line with Canada Life’s risk appetite, complying with our statutory responsibilities and meeting the needs of our policyholders and regulators.  
  1) Maintain and develop Canada Life’s suite of models for complex assets in line with model governance requirements: 
o    Innovate proposals to make the models (and capital management more generally) more efficient and effective; 
o    Identify changes required to the model, and communicate them to senior management. Lead on the implementation and testing of model changes in line with Model Change Standard; 
o    Oversee validation testing required on the model; 
o    Ensure ongoing compliance with EUC requirements and PIM model governance requirements; 
Ensure model is maintained and operated within the intended control framework. 
2) Provide general technical oversight of the Canada Life PIM (“Partial Internal Model”) methodology, calibration and assumptions. This will involve: 
o    Identify and implement model change proposals; 
o    Lead on the annual model recalibration exercise for individual asset classes; 
o    Perform analysis and produce results for the 1st line validation process; 
o    Interpret the results of calibration and validation processes and communicate these to senior management and the Board. 
3) Support the Head of the Credit Risk and other relevant stakeholders with results and outputs from the PIM: 
o    Production of PIM SCR calculation, OSNA, SST &amp; other relevant outputs; 
o    Analyse and interpret results and outputs from the PIM and communicate them to the relevant senior stateholders; 
o    Coordinate the calculation of any required sensitivities; 
o    Outputs for the Profit and Loss attribution. Technical Expertise  
•    Significant experience in asset modelling in the context of life insurance industry with proven track record of developing capital models. Practical experience with Matlab / C++ is preferred, although experience with other programming language would also be considered. 
•    Strong commercial awareness and understanding of the needs of the business. Will be able to apply technical actuarial techniques and understand business/commercial implications 
•    Willing and capable of taking difficult and complex decisions independently in order to progress issues, and able to exercise sound judgement and commercial sense to understand the importance of different issues and assess when matters need to be escalated. Communication 
•    Strong communication skills, demonstrating a clear and articulate standard of written and verbal communication in a complex environment, tailored for all levels of management. 
•    Strong ability to adapt messages to the audience, without prompting or significant coaching, in a format that is easily understood by non-technical colleagues 
Relationship Building 
•    The ability to develop and maintain strong relationships across the actuarial function and the wider business, acting with integrity and role modelling the company values at all times.  
•    Strong interpersonal/networking skills, with the ability to maintain a variety of relationships with multiple stakeholders, Taking Initiative 
•    Exceptional problem solving skills and attention to detail with demonstrable ability in spotting issues, interdependencies and challenges to ensure work is produced to an accurate, commercial and informed standard. 
•    Self-motivated, well-organised, pragmatic and able to perform tasks independently. 
Qualifications: 
•    Fellow of Institute of Actuaries (or equivalent). 
  What you’ll like about working here As a Canada Life UK colleague, you’ll receive a competitive salary and comprehensive reward package including income protection, private medical insurance and life assurance, along with a generous pension and bonus scheme. You’ll also receive the support you need with your personal and professional development. Diversity and inclusion Canada Life is committed to a diverse and inclusive workplace. Our role as an employer of choice is to provide the right environment for talented people to do their best work, by respecting, understanding and valuing individual differences

Find Handpicked Actuarial Jobs That Match Your Expertise