Actuarial Jobs, Actuarial Positions, and Actuarial Employment
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Job ID: 37114
Job Openings by Title Senior Actuary
Location Switzerland
Description:
Position:	Senior Actuary

Company:	Reinsurance

Location:	Switzerland

Job ID:		37114


Responsibilities:

- Reserving analysis of P&C structured re/insurance transactions and internal reinsurance solutions - monthly, quarterly and annual.
- Support with streamlining the reserving process for the business.
- Support with SII Market Value Balance Sheet technical positions quarterly regulatory reporting.
- Group and Regulatory reserve reporting.
- Develop, maintain and enhance actuarial approaches, tools and processes to align with IFRS17 requirements.
- Support with Solvency II Standard Formula quarterly regulatory reporting and Bermuda Solvency Standard Formula annual regulatory reporting , including reconciliation analysis, sensitivity tests and plausibility checks.
- Build and maintain stochastic actuarial models for structured re/insurance transactions that feed into the Reserving and Underwriting Risk modelling process.
- Contribute to model governance and documentation activities.
- Support with the Actuarial Function Report write-up and related analysis.
- Support in the ORSA process, in particular with respect to scenario analysis.
- Contribute to pricing reviews of structured re/insurance transactions, large internal reinsurance transactions and corporate business contract.

Qualifications:

- Minimum 5 years of experience as an actuary.
- Advanced understanding of Solvency II framework.
- Advanced knowledge of the Balance sheet and Profit & Loss structure of a re/insurance company.
- Basic knowledge of IFRS17.
- Extensive computer skills: MS Office incl. VBA and actuarial modelling software.
- Fluent in English, German would be beneficial.Mathematics, Statistics or other appropriate discipline or qualified by experience in related discipline.
- Preferably qualified actuary.
- Ability to make sense of complex issues; respond to complex/ambiguous situations by identifying & initiating appropriate remediation & follow up. Anticipate and resolve issues before these transpire.
- Ability to understand, elaborate and convey information clearly and effectively in respect to the audience / level of management.
- The ability to positively influence others' actions, decisions, opinions or thinking resulting in positive outcomes. Ability to persuade and motivate others without direct authority.
- Excellent team worker who enjoys being in an international environment.

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