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Job ID: 36767
Job Openings by Title Life Risk Actuary
Location Switzerland
Description:
Position:  Life Risk Actuary
 
Company: Insurance 
 
Location: Switzerland
 
Job ID: 36767
 
Responsibilities:
-Providing actuarial support in respect of the extension and development of the life insurance risk modelling and parameterisation in respect of the Group’s Internal Economic Capital model to calculate the risk adjustment under IFRS 17
-Reviewing, adapting and developing existing actuarial methodology and related template tools in respect of life insurance risk capital model to produce the risk adjustment
-Collaborating with local teams and group functions to support global implementation of the risk adjustment methodology
-Keeping abreast of latest industry developments and best practice on determining and parameterizing the risk adjustment to inform the development of the methodology


Qualifications:
-A minimum of 5 years’ actuarial experience in life insurance or reinsurance either in a life office or consultancy
-Prior experience of internal model development, calibration or validation, in respect of life insurance risks under the Swiss Solvency Test or Solvency II regime is desirable
-Strong background in financial economics, statistics and / or actuarial science
-Sound knowledge of the IFRS17 accounting standard, specifically the risk adjustment
-Sound knowledge of risk and capital management techniques and theory
-Fluent English and strong communication skills, both written and oral
-Strong organizational skills and ability to cooperate with different Group and Local functions
-Highly cooperative, flexible, and enthusiastic team-player with strong sense of responsibility and adherence to deadlines
-Excellent analytical and organizational skills
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