Senior Actuarial Analyst

Bangalore, Karnataka
Permanent
Full-time

2 hours ago

About the Team:L&H Products Services unit in Bangalore provides support to diverse units to L&H Products teams across the globe including pricing of reinsurance treaties. The L&H Pricing Services HKTW team supports the team in HKTW in Experience studies, (Re)Pricing, ToT development/review, and other related activities.About the Role:The candidate will be responsible to deliver support to HKTW Pricing & ES Team with analytical capabilities. Key work areas include:

Pricing and Experience Studies related projects targeted for efficiency improvements
Providing experience analysis insights emerging for Pricing and Valuation
Portfolio analysis for HKTW reinsured business
Working closely with local, regional pricing actuaries and client managers on new product pricing/design, Terms of Trade review and Open Treaty Reviews for existing treaties

Major responsibilities:

Deliver end to end Experience study (ES) as per the plan and review ES results for peers. This also includes regular connect with Data Team members and proactively work together to resolve data issues for underlying experience studies.
Understanding product designs, pricing philosophy and target population experience to analyze and peer review experience analysis results for planned treaties
Support reinsurance Quotation/OTR/Repricing requests and co-ordinate pricing process with relevant market teams and XFT's for the requirement
Maintain documentation of all pricing/ experience study work and ensure compliance with best practice guidelines and standards.
Support market teams/ XFTs with decision making process by providing data-based recommendation and understanding of data reliability measures, confidence intervals, etc.
Collaborate with stakeholders to facilitate OTRs, Terms of Trades and Large Transactions, be able to explain the ES results in terms of theory and rational behind suitable age/rate labels and application of appropriate rates

About You:

A near qualified actuary or at associate level or Degree in actuarial science with understanding of L&H (Re)insurance domain
Actuarial experience of at least 5+ years in direct and/or reinsurance pricing, experience studies, governance, and tools within Asian Market.
Good interpersonal and communication skills.
Skills in VBA and any data analytical softwares SAS/Python/R will be an added advantage
Job may involve occasional travelling.

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.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.Keywords:
Reference Code: 135222

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