Acturial Associate Job in Swiss Re Global Business Solutions India Private Limited at Bangalore

About Swiss Re

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other

forms of insurance-based risk transfer, working to make the world more resilient. We

anticipate and manage a wide variety of risks, from natural catastrophes and climate

change to cybercrime. We cover both Property & Casualty and Life & Health. Combining

experience with creative thinking and cutting-edge expertise, we create new

opportunities and solutions for our clients. This is possible thanks to the collaboration of

more than 14,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh

perspectives and innovative thinking. We embrace a workplace where everyone has

equal opportunities to thrive and develop professionally regardless of their 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.

About the Team

Part of pricing & underwriting services team with around 80+ members between

Actuarial and Underwriting teams located in Bangalore. This role will be supporting SEA

for reinsurance pricing - actuarial and experience studies.

Objective of Role

To support the SEA Pricing services team, by providing technical expertise in respect of

product pricing, experience studies and other initiatives.

Key Accountabilities

 Work on Experience studies for APAX Market

 Assist peers in reporting ES results to management at Asia level for key

treaties/benefits on monthly/quarterly basis

 Work with data and system teams for any change in the data hand-shake process

for various treaties from experience studies point of view

 Work with Global team to develop/steer new platform developments

 Work with regional Pricing services team on new model development for ES

 Come up with ideas for automating and improving current processes

 Help peers to carry out periodic validation of the ES codes to ensure adherence

to best practices and to control code proliferation

 Always ensuring the adherence to pricing guidelines and standard

methodologies, and their consistent application.

Key Skills & Knowledge

 Excellent technical knowledge in all areas of pricing, experience studies and

product development and fundamental knowledge of the products and services

offered by insurers/reinsurers.

 Ability to apply actuarial judgement in a commercial environment.

 Good understanding of actuarial standard methodologies.

 Knowledge of actuarial L&H modelling and data analytical software's: SAS and R

 Organization, prioritization and planning skills.

 Knowledge of L&H actuarial modelling and data analytical software's.

Candidate Requirements

 Basic understanding of actuarial product design, pricing, and/or experience

studies; familiarity with actuarial pricing tools and data workflows is preferred.

 Good progress in actuarial exams (1-3 exams) from a recognized actuarial

institute.

 Skills in data analysis (SAS/R preferred) with the ability to work independently on

deliverables would be an add-on.

 Strong time management and prioritization skills to meet tight timelines in a

dynamic environment.

 Excellent interpersonal, communication and influencing skills.

Make a difference in your career with one of the biggest reinsurance companies in the

world with 12,000+ diverse set of employees in over 60 offices globally.

Our location at the heart of Bangalore has been witnessing balanced growth – the kind

of growth characterized by the sophisticated and differentiated value delivered to the

business. This is your opportunity to join the growing Analytics Centre of Excellence,

working in tandem with the actuarial talent pool and other business functions located in

our set-up in Bangalore.