Junior P&C Reserving Actuary for IFRS 17

Excellent opportunity for graduates!

The main focus of the role will be on the IFRS 17 project with involvement in the reserving, economic valuation and financial reporting for the full picture.

What will be your key responsibilities:

You will be part of the Corporate Solutions actuarial reserving team. We are responsible for determining the technical reserves at adequate levels meeting all local statutory and US GAAP requirements globally. In addition, we are supporting Swiss Re Group in all actuarial risk management aspects in respect to Swiss Re Corporate Solutions.

In this role you:
  • Support in the group IFRS 17 project and ensure the fulfillment of local requirements.
  • Participate in the dry run of IFRS 17
  • Support in the quarterly estimation of P&C insurance portfolio reserves (local statutory, US GAAP) including cooperation with major internal partners (Claims, Underwriting, Pricing, Finance/Accounting)
  • Support in estimation of the corresponding pay-out patterns serving as one of the input parameters for EVM and solvency and IFRS 17 calculations
  • Contribute to other ad hoc analyses and tasks to support the members of the team

Key factors to a successful fulfillment of these responsibilities are close interactions with the main internal partners, the motivation to deepen actuarial and financial knowhow as well as a proactive attitude.

What experience should you have:

About You:
  • Previous experience in P&C (re-)insurance
  • Understanding of IFRS 17 and US GAAP financial principles and reserving methods
  • Strong interpersonal as well as written and verbal English communication skills
  • Proactive attitude with ability to prioritize, plan, and execute across multiple work efforts simultaneously
  • Ability to successfully work together with different personal styles and cultures

What do you get in return:

What could You get excited about when being hired?
  • Flexible working time and home office policy
  • Training & Development opportunities
  • Extra 5 vacation days per year
  • Sick days – up to 6 per year
  • Public transport allowance (50%)
  • Fully-covered lunch allowance irrespective of how many days they worked in a given month
  • Referral bonus
  • Program focused on subsidizing certain carbon-reducing investments (such as bicycles, home appliances, etc.) made by employees by reimbursing 50% of the product price
  • Free fruits & beverages
  • Volunteering activities
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