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Job ID: 33626
Job Openings by Title Senior Actuary
Location Switzerland
Description:
Position:		Senior Actuary

Company:		Reinsurance

Location:		Switzerland

Job ID:			33626


Responsibilities:

- Perform ongoing risk management for the life reinsurance portfolio and individual transactions.
- Perform quarterly and ad-hoc capital calculations and establish an auditable quarterly process.
- Contribute to calculation of the annual SST required capital together with the corresponding risk-bearing capital and associated reporting to regulator.
- Contribute to the ORSA process and report.
- Contribute to defining the overall Risk Strategy.
- Further develop the company’s internal model to ensure that it properly reflects the risks in the business at all times.
- Liaise with units on model and process support and consistency as well as on business pipeline.
- Perform relevant risk assessment and reporting in line with Solvency II requirements.
- Support and train other team members and staff in capital modeling and actuarial techniques.
- Responsible for monitoring and developing the entity-wide Internal Control System.
- Holding workshops on internal processes with different heads of departments.
- Challenge assessment and performance of controls and their overall risk situation.
- Reporting results to Headquarter and local Board of Management

Qualifications:

- University degree in mathematics/science or related quantitative subject.
- At least 5 years’ experience in the insurance/reinsurance industry.
- Experience in life reinsurance pricing and capital modelling techniques and statistical methods used in life.
- Experience with financing reinsurance, market risk transfer transactions and remote risk transfer.
- Excellent knowledge of the Swiss regulatory framework.
- Good knowledge of IFRS and a reinsurer’s balance sheet.
- Excellent Excel and VBA skills.
- Very strong analytical thinker with excellent organizational skills.
- A very good eye for details combined with the ability to recognize the wider implications.
- Team player with good communication and interpersonal skills.
- Independent working style
- Fluent in English, additional languages such as German or French would be a plus.



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