Junior Actuary handling actuarial databases for Allianz. Collaborating on reports and analyses while ensuring quality and consistency in technical reserves.
About the role
- Actuary managing financial reporting and in-force management for life and health business across Continental Europe. Join Swiss Re's diverse actuarial team in Zurich, focusing on robust reporting and operational efficiency.
Responsibilities
- Provide quality reserve and income statement submissions for internal and external reporting (local and Swiss statutory, IFRS 17)
- Applying actuarial judgement to challenging or subjective areas of the work done within the wider team, such as valuation assumption setting
- Supporting the review and consolidation of results for the entire CE region – including ensuring the transparent onward communication of these results
- Participating in management activities (i.e. recaptures and changes in treaty terms) from an actuarial perspective and taking a proactive approach to management of the in-force portfolio
- Working closely with other functions (including Finance, Products and Client Markets) and be a key member of the market cross functional team
- Communicating results to internal stakeholders
- Coordinating workflow of and providing support to more junior team member as required.
Requirements
- Qualified/part-qualified Actuary with good progress made towards Actuarial qualification (study package provided), preferably for more than 3 years of experience in L&H re/insurance
- Understanding of the methods of calculating policy liabilities
- A good understanding of IFRS17 reporting framework
- Team work - able to build working relationships across technical disciplines, and work effectively across the L&H value chain (including non-actuaries)
- Capable of managing own workload when faced with multiple priorities, but willing to seek guidance from line manager as and if required
- Strong communication skills, including being capable of presenting results to/discussing results with internal interested parties and senior stakeholders.
- Proficient in MS Excel. Knowledge of MS Power BI and/or database software would be considered an advantage.
- Strong written and verbal communication skills in English are required.
Benefits
- Additional rewards and benefits including an attractive performance-based annual bonus
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