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Senior Corporate Actuarial Analyst


Swiss Re


Location

Bangalore | India


Job description

Corporate Title:  Senior Corporate Actuarial Analyst

Division:   BOU-CUO P&C Reinsurance (54001146)

Department:   BOUE-UW Excellence (54001161)

About Swiss Re

The Swiss Re Group 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. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cybercrime. The Swiss Re Group is organized into three Business Units, each with a distinct strategy and set of objectives contributing to the Group’s overall mission.

About the Team

We are Group Costing Methods (GCM) team within Underwiring Excellence and are responsible for the definition and improvement of Costing methods, review, calibration and deployment of costing parameters. We are a highly collaborative, knowledgeable team with costing expertise across lines of business. Team is currently mainly spread across Zurich and Bengaluru. We have mandate to advice on underwriting decisions and assert a holistic costing framework for new business and data driven insights across the organization.

About the role

We are looking for a self-driven team member, with a strong numerical and academic background and good overview of (re)insurance business to join the Group Costing department in Bengaluru.

The role is primarily focused on Costing Parameters, with a specific emphasis on impacting daily decision-making in Underwriting. We advise on major underwriting decisions and further their implementation in costing new business. Furthermore, we advise on how Swiss Re's capital can be allocated to the most promising underwriting risk pools. You will work closely with the Costing Economic Model team as well as GCM's IT teams as well as diverse BU or Group functions across Underwriting, Finance and Risk Management. Our responsibilities also are:

The position involves performing quantitative analyses on portfolio data and complementing them with expert judgment. In the role you will leverage on our sophisticated tools and systems landscape as well as underwriting and market knowledge; you will contribute to assure the sustainable performance and the continuous enhancement of our technological infrastructure. The corporate title of the position will be AVP.

About You

Languages: proficient in English (written and spoken)


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