Are you a forward-thinking actuary looking to make a tangible impact on a global insurance portfolio? Join our dynamic team at Swiss Re Corporate Solutions where your analytical expertise will directly influence business decisions and drive portfolio profitability in the exciting world of Executive Risks (D&O) insurance.
About the Role
As part of our Global Executive Risks (D&O) actuarial pricing team, you'll leverage cutting-edge data-driven techniques to execute portfolio goals. Your technical actuarial expertise and business acumen will enable you to effectively communicate analytical findings to global partners, directly influencing portfolio profitability and contributing to our Business Unit's overall performance.
Key Responsibilities
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Support the delivery of quarterly profitability reviews that provide portfolio steering insights and underwriting recommendations to our FinPro underwriting leaders
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Analyze portfolios by examining diverse data sources and performing statistical analysis to derive meaningful insights
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Communicate results to wider partners including Portfolio Managers, Reserving Actuaries, and Finance departments
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Execute actuarial rate reviews to update costing parameters of in-house Swiss Re developed models
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Develop and enhance actuarial models through dedicated project work
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Coordinate the rate monitoring process produced by the rating models and ensure feedback loops back to our profitability and planning analysis
About the Team
We are an actuarial team providing support to global Executive Risks (D&O). Key responsibilities for our team include loss ratio projections, rating plan development, model calibration and actuarial pricing support. We work closely with our business partners and encourage technical innovation that supports traditional methods. Our team comprises of qualified and student Actuaries who are an integral part to Swiss Re CorSo. We are part of the Underwriting Unit and report to the Chief Underwriting Officer (CUO).
About You
We're seeking an ambitious, trustworthy, and enthusiastic team player who is passionate about advancing their actuarial career. You'll need excellent interpersonal and communication skills with the ability to convey complex ideas effectively to diverse audiences. You're a self-starter who takes initiative and implements measures in a goal-oriented manner.
We are looking for candidates who meet these requirements:
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Bachelor's degree in Actuarial Mathematics
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Progression through Actuarial exams
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Excellent skills in MS Excel and strong programming proficiency in R/Python or SQL
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Good quantitative aptitude – able to understand and comprehend actuarial concepts
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Desire to learn from highly skilled industry professionals across multiple fields to grow your professional development
These are additional nice to haves:
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Strong communication skills and team spirit to effectively collaborate with team members
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Excellent organizational skills - ability to work under pressure and prioritize tasks accordingly
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Reliability – integrity, judgement, energy, ownership, analytical power
Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.
The base salary hiring range for this existing position located in Toronto is CAD $74,000 to $92,000. The specific base salary offered for this or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget. At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.
About Swiss Re
Swiss 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.
Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.
During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.
We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.
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